Variable | Variable name | Variable description |
Dependent variable | ||
Wage log | ln(wage) | Natural logarithm of hourly wage on the current job |
Education | ||
Education | educ | Years of education (educ = 12 - 18) |
Sector | ||
Sector indicator | sectordum | Dummy variable for sector: Manufacturing = 0, Service = 1 |
Sector x education | interact | Interaction term between sector and education |
Work experience | ||
Working weeks | weeks | Weeks worked last year |
Working hours | hours | Hours worked last week |
Family factors | ||
Marital status | married | Dummy variable for marriage: Currently married = 1, Others = 0 |
Number of children | child | Number of children in the family |
Labor market conditions | ||
Female labor supply | supply | Percentage of female labor supply in the labor market for the current year |