pension

Wooldridge Source: L.E. Papke (2004), “Individual Financial Decisions in Retirement Saving: The Role of Participant-Direction,” Journal of Public Economics 88, 39-61. Professor Papke kindly provided the data. She collected them from the National Longitudinal Survey of Mature Women, 1991. Data loads lazily.

datasets

Students learning both econometrics and R may find the introduction
to both challenging. The wooldridge data package aims to lighten the task by efficiently
loading any data set found in the text with a single command. Data sets have been
compressed to a fraction of their original size. Documentation files contain page numbers,
the original source, time of publication, and notes from the author suggesting avenues for
further analysis and research. If one needs an introduction to R model syntax, a
vignette contains solutions to examples from chapters of the text.
Data sets are from the 7th edition (Wooldridge 2020, ISBN-13 978-1-337-55886-0),
and are backwards compatible with all previous versions of the text.

Justin Shea

wooldridge

115 Data Sets from "Introductory Econometrics: A Modern
Approach, 7e" by Jeffrey M. Wooldridge

Justin M. Shea

Kennth H. Brown

pension function

A data.frame with 194 observations on 19 variables:<ul>
<li>id: family identifier</li>
<li>pyears: years in pension plan</li>
<li>prftshr: =1 if profit sharing plan</li>
<li>choice: =1 if can choose method invest</li>
<li>female: =1 if female</li>
<li>married: =1 if married</li>
<li>age: age in years</li>
<li>educ: highest grade completed</li>
<li>finc25: $15,000 &lt; faminc92 &lt;= $25,000</li>
<li>finc35: $25,000 &lt; faminc92 &lt;= $35,000</li>
<li>finc50: $35,000 &lt; faminc92 &lt;= $50,000</li>
<li>finc75: $50,000 &lt; faminc92 &lt;= $75,000</li>
<li>finc100: $75,000 &lt; faminc92 &lt;= $100,000</li>
<li>finc101: $100,000 &lt; faminc92</li>
<li>wealth89: net worth, 1989, $1000</li>
<li>black: =1 if black</li>
<li>stckin89: =1 if owned stock in 1989</li>
<li>irain89: =1 if had IRA in 1989</li>
<li>pctstck: 0=mstbnds,50=mixed,100=mststcks</li>
</ul>

pension: pension

Description

Usage

Arguments

Format

Used in Text

Examples