Joakim Westerlund, Yana Petrova, and Milda Norkute, "CCE in Fixed-T Panels", Journal of Applied Econometrics, Vol. 34, No. 5, 2019, pp. 746-761. The individual level data come from the Panel Study of Income Dynamics (PSID). We use surveys 2003-2015. The sample is on biannual basis and covers years from 2002 to 2014. It consists of 888 male houshold heads between the ages of 25 and 65. The details on agregate level variable data source are to be found below. Data are organized in the form of a long panel where columns represent variables and rows represent observations. Variable names and descriptions are provided below. ------------------------------------------------------------------------------ Variable name Description ------------------------------------------------------------------------------ id Personal identifier. fids State identifier, used for merging individual data with unemployment. year Year for which wage rate is reported, 2002-2014 (biannual). age Actual age of head (25-65 years) in the same year when wage rate is reported. lwage Log of real wage rate (average hourly). Initial Head's wage rate (0.01-998.99 U.S. dollars is corrected for inflation using CPI (2010 base). education Head's Completed Education Level in years. exper Head's level of experience in years, calculated as age-education - 6. exper2 exper^2 lu Log of average annual unemployment rates by State for the United States. Source: U.S. Bureau of Labor Statistics, Local Area Unemployment Statistics, and Current Population Survey, available from FRED. GDP Gross Domestic Product in constant 2010 U.S. dollars for the United States (Indicator Code: NY.GDP.MKTP.KD), data come from the World Bank (World Development Indicators). Data transformed into trillions (10^12) of U.S. dollars. CPI Inflation (CPI) for the United States, annual, 2010 base year. Data come form the OECD data base, doi:10.1787/0f2e8000-en IPI Industrial Prduction Indicator for the United States, 2010 base year. Data come form the OECD data base, doi:10.1787/39121c55-en Observations with missing wage rate, fids or years of education are excluded from the sample. The PSID data are publicly available at https://simba.isr.umich.edu/data/data.aspx The World bank data are publicly available at https://data.worldbank.org/ The OECD data are publicly available at https://data.oecd.org/ The FRED data are publicly available at https://fred.stlouisfed.org These data are in the file wpn-data.csv, which is an ASCII file in DOS format. It is zipped in the file wpn-data.zip. Unix/Linux users should use "unzip -a".