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Education and Earnings of Young Males
Education & Learning Analytics
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About
This dataset, titled Wages and Education of Young Males, offers valuable insights into the determinants of hourly wages for young men during the 1980s. It comprises panel data collected between 1980 and 1987, featuring 4360 observations. The primary purpose is to explore the relationship between an individual's education level, industry type, work experience, and their corresponding hourly wage. It further includes details on a worker's job type, residence area, and various demographic characteristics, providing a rich context for labour market analysis.
Columns
- rownames: An internal identifier for each observation.
- nr: A numeric identifier for each record.
- year: The year the observation was recorded, spanning from 1980 to 1987.
- school: Represents the number of years of schooling completed by the individual, ranging from 3 to 16 years.
- exper: Denotes the years of work experience, calculated as the individual's age minus six minus their years of schooling. This ranges from 0 to 18 years.
- union: A boolean flag indicating whether the individual's wage is determined by collective bargaining (True or False).
- ethn: Categorises the individual's ethnicity, with values including black, Hispanic, and other.
- maried: A boolean flag indicating the individual's marital status (True for married, False for not married).
- health: A boolean flag indicating whether the individual has reported health issues (True or False).
- wage: The natural logarithm of the individual's hourly wage.
- industry: The industry in which the individual is employed, represented by 12 distinct levels, with Manufacturing and Trade being notable categories.
- occupation: The individual's occupation, represented by 9 distinct levels, including categories such as Craftsmen, Foremen, and Operatives.
- residence: The individual's residential area, categorised into levels like rural area, north east, northern central, and south.
Distribution
The dataset is typically provided in a CSV format and has a file size of approximately 421.91 kB. It consists of 4360 observations or records, structured as panel data collected over time. Specific details regarding the exact number of rows are not separately available beyond the total observations.
Usage
This dataset is ideally suited for economic research, labour market analysis, and wage determination studies. It can be employed for:
- Analysing the impact of educational attainment and work experience on hourly wages.
- Investigating wage disparities across different industries, occupations, and demographic groups.
- Studying the influence of collective bargaining (unionisation) on wage levels.
- Developing and testing econometric models related to human capital and earnings.
Coverage
The dataset's time range spans from 1980 to 1987. Its demographic scope specifically focuses on young males, encompassing various ethnic backgrounds including black, Hispanic, and other groups. Information on marital status and health conditions is also included. The geographic scope is suggested by residence areas such as rural, north east, northern central, and south, indicating coverage within these regions.
License
CC0: Public Domain
Who Can Use It
This dataset is intended for a range of users including economists, social scientists, policy analysts, academic researchers, and students. It is particularly valuable for those engaged in:
- Studying labour economics and human capital theory.
- Performing regression analyses to identify factors influencing earnings.
- Examining socio-economic trends and disparities in the labour market.
Dataset Name Suggestions
- Young Male Wages and Education (1980-1987)
- US Young Males Labour Market Panel
- Hourly Wage Determinants for Young Men
- Education and Earnings of Young Males
Attributes
Original Data Source: Education and Earnings of Young Males
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