Laura Hospido, "Modelling Heterogeneity and Dynamics in the Volatility 
of Individual Wages", Journal of Applied Econometrics, Vol. 27, No. 3, 
2012, pp. 386-414.

All data are in the text file h-data.txt, which is an ASCII file in DOS
format. It is zipped in h-data-txt.zip. Unix/Linux users should use
"unzip -a".

The same data are also in the Stata file h-data.dta, which is zipped in
h-data-dta.zip.

The data consist of 32,066 observations (rows). The variables included in
the file are 30 (columns). The data are taken from the Panel Study of Income
Dynamics, and details on sample selection are reported in the Appendix 7.2.
of the paper. 

The table below lists the names of the variables included in the dataset and
a short description:

--------------------------------------------------------------------------
variable name      description
--------------------------------------------------------------------------
pid                INDIVIDUAL IDENTIFIER
year               YEAR OF INTERVIEW
age                AGE OF INDIVIDUAL
white              WHITE DUMMY
dropout            DROPOUT DUMMY
grad               GRADUATE DUMMY
college            COLLEGE DUMMY
married            MARRIED DUMMY
child              NUMBER OF CHILDREN
fsize              FAMILY SIZE
hours              YEARLY HOURS OF WORK
logwages           LOG OF REAL ANNUAL WAGES
changejob          JOB CHANGE DUMMY
ten1               TENURE DUMMY less than a year
ten2               TENURE DUMMY a year
ten3               TENURE DUMMY 2-3 years
ten4               TENURE DUMMY 4 through 9 years
ten5               TENURE DUMMY 10 through 19 years
ten6               TENURE DUMMY 20 years or more
profes             PROFESSIONAL, TECHNICAL, AND KINDRED WORKERS DUMMY
admin              MANAGERS AND ADMINISTRATORS DUMMY
sales              CLERICAL AND SALES WORKERS DUMMY
crafts             CRAFTSMAN AND KINDRED WORKERS DUMMY
operat             OPERATIVES WORKERS DUMMY
servic             LABORERS AND SERVICES WORKERS DUMMY
smsa               SMSA (Standard Metropolitan Statistical Area) DUMMY
neast              NORTH-EAST DUMMY
ncentr             NORTH-CENTRAL DUMMY
south              SOUTH DUMMY
west               WEST DUMMY
-------------------------------------------------------------------------

Please address any questions to:

Laura Hospido
Research Economist
DG Economics, Statistics, and Research
Research Division
Banco de Espaņa
Alcala 48 28014 Madrid Spain
laura.hospido [AT] bde.es