On this R-data statistics page, you will find information about the wageprc data set which pertains to wageprc. The wageprc data set is found in the wooldridge R package. You can load the wageprc data set in R by issuing the following command at the console data("wageprc"). This will load the data into a variable called wageprc. If R says the wageprc data set is not found, you can try installing the package by issuing this command install.packages("wooldridge") and then attempt to reload the data. If you need to download R, you can go to the R project website. You can download a CSV (comma separated values) version of the wageprc R data set. The size of this file is about 94,992 bytes.

wageprc

Description

Data loads lazily. Type data(wageprc) into the console.

Usage

data(wageprc)

Format

A data.frame with 286 rows and 20 variables:

• price. consumer price index

• wage. nominal hourly wage

• t. time trend = 1, 2 , 3, ...

• lprice. log(price)

• lwage. log(wage)

• gprice. lprice - lprice[_n-1]

• gwage. lwage - lwage[_n-1]

• gwage_1. gwage[_n-1]

• gwage_2. gwage[_n-2]

• gwage_3.

• gwage_4.

• gwage_5.

• gwage_6.

• gwage_7.

• gwage_8.

• gwage_9.

• gwage_10.

• gwage_11.

• gwage_12.

• gprice_1. gprice[_n-1]

Source

https://www.cengage.com/cgi-wadsworth/course_products_wp.pl?fid=M20b&product_isbn_issn=9781111531041

Examples

 str(wageprc)

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Dataset imported from https://www.r-project.org.