Mingliang Li, "High School Completion and Future Youth Unemployment: New Evidence from High School and Beyond", Journal of Applied Econometrics, Vol. 21, No. 1, 2006, pp. 23-53. The data are taken from "High School and Beyond", a data set collected by the National Center for Education Statistics. The official website for this data set is http://nces.ed.gov/surveys/hsb/ The data used in the section 2 of the paper are stored in the ASCII file jae-4486-5-data-2.txt, and the data used in the section 3 of the paper are stored in the ASCII file jae-4486-5-data-3.txt. The size of the file jae-4486-5-data-2.txt is 1435212 bytes (1429974 in Unix format). The size of the file jae-4486-5-data-3.txt is 759692 bytes (758214 in Unix format). Both files, which are in DOS format, are zipped in the file ml-data.zip. Unix users should use "unzip -a". The data file jae-4486-5-data-2.txt is rectangular with 5238 lines. Each line represents an observation. For each observation, there are 17 variables. Variables are separated by white spaces. The variables are listed in the following order: (1) school id (2) parental income ($10,000) (3) base year cognitive test (4) father's education (5) dummy variable for unknown father's education (6) mother's education (7) dummy variable for unknown mother's education (8) number of siblings (9) dummy variable for unknown number of siblings (10) dummy variable for being a female (11) dummy variable for being a minority (12) county level employment growth rate between 1980 and 1982 (%) (13) age of the individual on January 1, 1980, minus 16 (14) time from which the individual is eligible to drop out: time eligible to dropout = (date eligible to drop out - January 1, 1980) / 365 days (15) dummy variable for having any postsecondary education (16) categorical variable for high school grade completion: completing high school = 0, dropping out after completing the ninth grade = 1, dropping out after completing the tenth grade = 2, dropping out after completing the eleventh grade = 3 (17) proportion of time unemployed: the proportion of time in the labor market for which an individual is unemployed The data file jae-4486-5-data-3.txt is rectangular with 1478 lines. Each line represents one observation. For each observation, there are 32 variables. Variables are separated by white spaces. The variables are listed in the following order: (1) parental income ($10,000) (2) base year cognitive test (3) father's education (4) dummy variable for unknown father's education (5) mother's education (6) dummy variable for unknown mother's education (7) number of siblings (8) dummy variable for unknown number of siblings (9) dummy variable for being a female (10) dummy variable for being a minority (11) county level employment growth rate between 1980 and 1982 (%) (12) age of the individual on January 1, 1980, minus 16 (13) number of months between Februray 1980 and May 1982 for which the individual is eligible to drop out of high school (14) dummy variable for the act of dropping out of high school (15) high school duration from February 1980 (month) (16) dummy variable for having any postsecondary education (17) categorical variable for the occupation of the individual before his first unemployment: laborer = 0, professional = 1, manager = 2, salesman = 3, craftsman = 4 (18) categorical variable for the industry to which the individual belongs before his first unemployment: service = 0, agriculture = 1, mining = 2, construction = 3, manufacturing = 4, transportation = 5, trade = 6 (19) dummy variable for the act of leaving the first unemployment (20) first unemployment duration (month) (21) categorical variable for the occupation of the individual before his second unemployment (22) categorical variable for the industry to which the individual belongs before his second unemployment (23) dummy variable for the act of leaving the second unemployment (24) second unemployment duration (month) (25) categorical variable for the occupation of the individual before his third unemployment (26) categorical variable for the industry to which the individual belongs before his third unemployment (27) dummy variable for the act of leaving the third unemployment (28) third unemployment duration (month) (29) categorical variable for the occupation of the individual before his fourth unemployment (30) categorical variable for the industry to which the individual belongs before his fourth unemployment (31) dummy variable for the act of leaving the fourth unemployment (32) fourth unemployment duration (month)