A dataset containing socio-economic characteristics as well as a labor
force participation dummy for 753 married women from the panel study
of income dynamics.

datasets

Efficient Bayesian implementations of probit, logit, multinomial logit and binomial logit models. Functions for plotting and tabulating the estimation output are available as well. Estimation is based on Gibbs sampling where the Markov chain Monte Carlo algorithms are based on the latent variable representations and marginal data augmentation algorithms described in "Gregor Zens, Sylvia Frühwirth-Schnatter & Helga Wagner (2023). Ultimate Pólya Gamma Samplers – Efficient MCMC for possibly imbalanced binary and categorical data, Journal of the American Statistical Association <doi:10.1080/01621459.2023.2259030>".

Gregor Zens

Efficient Bayesian Algorithms for Binary and Categorical Data
Regression Models

Sylvia Frühwirth-Schnatter

Helga Wagner

lfp function

A data frame with 753 rows and 9 variables:<dl>
 <dt>lfp</dt>
<dd>binary indicator for participating in the labor force (=1) or not (=0)</dd> <dt>intercept</dt>
<dd>intercept</dd> <dt>k5</dt>
<dd>number of children 5 years old or younger</dd> <dt>k618</dt>
<dd>number of children 6 to 18 years old</dd> <dt>age</dt>
<dd>age in years</dd> <dt>wc</dt>
<dd>binary indicator for college education of the wife</dd> <dt>hc</dt>
<dd>binary indicator for college education of the husband</dd> <dt>lwg</dt>
<dd>log expected wage rate; for women in the labor force, the actual wage rate; for women not in the labor force, an imputed value based on a regression of <code>lwg</code> on the other variables</dd> <dt>inc</dt>
<dd>family income exclusive of wife's income</dd>
</dl>

Format

Female labor force participation data. — lfp

A data frame with 753 rows and 9 variables:<dl>
 <dt>lfp</dt>
<dd>binary indicator for participating in the labor force (=1) or not (=0)</dd>

 <dt>intercept</dt>
<dd>intercept</dd>

 <dt>k5</dt>
<dd>number of children 5 years old or younger</dd>

 <dt>k618</dt>
<dd>number of children 6 to 18 years old</dd>

 <dt>age</dt>
<dd>age in years</dd>

 <dt>wc</dt>
<dd>binary indicator for college education of the wife</dd>

 <dt>hc</dt>
<dd>binary indicator for college education of the husband</dd>

 <dt>lwg</dt>
<dd>log expected wage rate; for women in the labor force, the actual wage rate; for women not in the labor force, an imputed value based on a regression of <code>lwg</code> on the other variables</dd>

 <dt>inc</dt>
<dd>family income exclusive of wife's income</dd>


</dl>

lfp: Female labor force participation data.

Description

Usage

Arguments

Format