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Earnings and Education

Junying Li

Last edited Sep 27, 2021
Created on Sep 05, 2021

A program that loads and parses some CSV data: Earnings and Education.

Stock and Watson (2007) provide several subsets created from March Current Population Surveys (CPS) with data on the relationship of earnings and education over several year.


References:

Stock, J.H. and Watson, M.W. (2007). Introduction to Econometrics, 2nd ed. Boston: Addison Wesley.

Original data source: https://rdrr.io/cran/AER/man/CPSSW.html


Variables:

  • age: age in years.

  • gender: factor indicating gender.

  • earnings: average hourly earnings (sum of annual pretax wages, salaries, tips, and bonuses, divided by the number of hours worked annually).

  • education: number of years of education.

MIT Licensed