A dataset with 500 observations of matched parent's family income and child's family income data that also contains information on the education level of the family head (this is primary earner in the family)

igm

Format

A data frame with 500 rows and 3 columns

lcfincome

log of child's family income

lfincome

log of parent's family income

HEDUC

head of family's education; less than HS, HS, or COLLEGE

Source

subset of PSID data used in Callaway and Huang (2017)