| PSID1982 {AER} | R Documentation |
Cross-section data originating from the Panel Study on Income Dynamics, 1982.
data("PSID1982")
A data frame containing 595 observations on 12 variables.
"white") or blue-collar ("blue") worker?"afam") or not ("other")?
PSID1982 is the cross-section for the year 1982 taken from a larger panel data set
PSID7682 for the years 1976–1982, originating from Cornwell and Rupert (1988).
Baltagi (2002) just uses the 1982 cross-section; hence PSID1982 is available as a
standalone data set because it was included in AER prior to the availability of the
full PSID7682 panel version.
The data is from Baltagi (2002) and available at
http://www.springeronline.com/sgw/cda/frontpage/0,10735,4-165-2-107420-0,00.html
Baltagi, B.H. (2002). Econometrics, 3rd ed. Berlin, Springer.
Cornwell, C., and Rupert, P. (1988). Efficient Estimation with Panel Data: An Empirical Comparison of Instrumental Variables Estimators. Journal of Applied Econometrics, 3, 149–155.
data("PSID1982")
plot(density(PSID1982$wage, bw = "SJ"))
## Baltagi (2002), Table 4.1
earn_lm <- lm(log(wage) ~ . + I(experience^2), data = PSID1982)
summary(earn_lm)
## Baltagi (2002), Table 13.1
union_lpm <- lm(I(as.numeric(union) - 1) ~ . - wage, data = PSID1982)
union_probit <- glm(union ~ . - wage, data = PSID1982, family = binomial(link = "probit"))
union_logit <- glm(union ~ . - wage, data = PSID1982, family = binomial)
## probit OK, logit and LPM rather different.