Daniel H. Hill, "Wealth Dynamics: Reducing Noise in Panel Data", Journal of
Applied Econometrics, Vol. 21, No. 6, 2006, pp. 845-860.

The file hill-data.txt is an ASCII file in DOS format that contains the data
for this paper. These data were originally in a Stata file, which is
described below. There are  11,578 observations and 35 variables.

The data file is zipped in hill-data.zip. Unix users should use "unzip -a".

------------------------------------------------------------------
              storage  display 
variable name   type   format    variable label
------------------------------------------------------------------
totorig2000     float  %9.0g     total net worth as recorded in
                                   the original 2000 interview
totwa2000       float  %9.0g     total net worth for 2000 after reconciliation
totorig1998     float  %9.0g     total net worth as recorded in
                                   the original 1998 interview
totwa1998       float  %9.0g     total net worth for 1998 after reconciliation
totorigchng     float  %9.0g     2000 - 1998 change in net worth
                                   using original data
totwachng       float  %9.0g     2000 - 1998 change in net worth
                                   using reconciled data
AGE             int    %8.0g     Age at Interview
GENDER          byte   %8.0g     Gender
married         byte   %9.0g     Whether married at time of the 1998 interview
EDUC_YRS        byte   %8.0g     Highest Grd Completed or Yr of College
FAMINC          long   %12.0g    Income of R & S/P & Oth HHM
SOCSEC          byte   %8.0g     Receive Social Security Flag
PENSION         byte   %8.0g     Receive Pension Flag
MEDICARE        byte   %8.0g     Currently Covered by Medicare
EMPLY_HI        byte   %8.0g     Employer-Provided HI
livto85         byte   %8.0g     H12.(OLD H9) CHANCE LIVE TO 85
leave100k       byte   %8.0g     H2A.(OLD H11A) LEAVE INHERIT-100K
probnrshm       byte   %8.0g     H14.(OLD H13) MOVE TO NURSING HOME
hh_hours_98     int    %9.0g     total household work hours in 1998
hh_hours_00     int    %9.0g     total household work hours in 2000
hh_hours_02     int    %9.0g     total household work hours in 2002
warespond       byte   %9.0g     whether and respondent in the
                                   reconciation interview
orcapgnfb       float  %9.0g     farm or business capital gains 1998 2000
                                   based on original data
wacapgnfb       float  %9.0g     farm or business capital gains
                                   based on reconciled data
capgnstorig     float  %9.0g     stock capital gains based on original data
capgnstwa       float  %9.0g     stock capital gains based on
                                   reconciled data
orcapgnre       float  %9.0g     real estate capital gains based on 
                                   original data
wacapgnre       float  %9.0g     real estate capital gains based
                                   on reconciled data
hvorigcapg      float  %9.0g     housing capital gains based on original data
hvwacapg        float  %9.0g     housing capital gains based on
                                   reconciled data
toterror98      float  %9.0g     measurement error for total net worth
                                   assuming reconciled data are true
toterror2k      float  %9.0g     measurement error for total net worth
                                   assuming reconciled data are true
HHID            str6   %9s       Household Identifier
PN              str3   %9s       Person Identifier
FSUBHH          str1   %9s       1998 Sub Household Identified