AER (version 0.2-2)

StrikeDuration: Strike Durations

Description

Data on the duration of strikes in US manufacturing industries, 1968--1976.

Usage

data("StrikeDuration")

source

Online complements to Greene (2003). http://pages.stern.nyu.edu/~wgreene/Text/tables/tablelist5.htm

Details

The original data provided by Kennan (1985) are on a monthly basis, while Greene (2003) only provides the June data for each year. Also, the duration for observation 36 is given as 3 by Greene while Kennan has 2. Here we use Greene's version.

References

Greene, W.H. (2003). Econometric Analysis, 5th edition. Upper Saddle River, NJ: Prentice Hall. Kennan, J. (1985). The Duration of Contract Strikes in US Manufacturing. Journal of Econometrics, 28, 5--28.

See Also

Greene2003

Examples

data("StrikeDuration")
library("MASS")

## Greene (2003), Table 22.10
fit_exp <- fitdistr(StrikeDuration$duration, "exponential")
fit_wei <- fitdistr(StrikeDuration$duration, "weibull")
fit_wei$estimate[2]^(-1)
fit_lnorm <- fitdistr(StrikeDuration$duration, "lognormal")
1/fit_lnorm$estimate[2]
exp(-fit_lnorm$estimate[1])
## Weibull and lognormal distribution have
## different parameterizations, see Greene p. 794

## Greene (2003), Example 22.10
library("survival")
fm_wei <- survreg(Surv(duration) ~ uoutput, dist = "weibull", data = StrikeDuration)
summary(fm_wei)