EARNS.DES

EARNS.DES

year      wkearns   wkhours   outphr    hrwage    lhrwage   loutphr   t        
ghrwage   goutphr   ghrwge_1  goutph_1  goutph_2  lwkhours  

  Obs:    41

  1. year                     1947 to 1987
  2. wkearns                  avg. real weekly earnings
  3. wkhours                  avg. weekly hours
  4. outphr                   output per labor hour
  5. hrwage                   wkearns/wkhours
  6. lhrwage                  log(hrwage)
  7. loutphr                  log(outphr)
  8. t                        time trend:  t=1 to 47
  9. ghrwage                  lhrwage - lhrwage[t-1]
 10. goutphr                  loutphr - loutphr[t-1]
 11. ghrwge_1                 ghrwage[t-1]
 12. goutph_1                 goutphr[t-1]
 13. goutph_2                 goutphr[t-2]
 14. lwkhours                 log(wkhours)