PRMINWGE.DES

year      avgmin    avgwage   kaitz     avgcov    covt      mfgwage   prdef    
prepop    prepopf   prgnp     prunemp   usgnp     t         post74    
lprunemp  lprgnp    lusgnp    lkaitz    lprun_1   lprepop   lprep_1   mincov   
lmincov   lavgmin   

  Obs:    38

  1. year                     1950-1987
  2. avgmin                   weighted avg min wage, 44 indust
  3. avgwage                  wghted avg hourly wage, 44 indust
  4. kaitz                    Kaitz min wage index
  5. avgcov                   wghted avg coverage, 8 industries
  6. covt                     economy-wide coverage of min wage
  7. mfgwage                  avg manuf. wage
  8. prdef                    Puerto Rican price deflator
  9. prepop                   PR employ/popul ratio
 10. prepopf                  PR employ/popul ratio, alternative
 11. prgnp                    PR GNP
 12. prunemp                  PR unemployment rate
 13. usgnp                    US GNP
 14. t                        time trend:  1 to 38
 15. post74                   time trend:  starts in 1974
 16. lprunemp                 log(prunemp)
 17. lprgnp                   log(prgnp)
 18. lusgnp                   log(usgnp)
 19. lkaitz                   log(kaitz)
 20. lprun_1                  lprunemp[t-1]
 21. lprepop                  log(prepop)
 22. lprep_1                  lprepop[t-1]
 23. mincov                   (avgmin/avgwage)*avgcov
 24. lmincov                  log(mincov)
 25. lavgmin                  log(avgmin)

