Data on net financial assets and 401(k) eligibility.

data('pension')

Format

A data.frame with 9915 observations and 44 variables, among them:

  • net_tfa: net total financial assets

  • e401: =1 if employer offers 401(k)

  • p401: =1 if individual participates in a 401(k) plan

  • age: age

  • inc: income

  • fsize: family size

  • educ: years of education

  • db: =1 if individual has defined benefit pension

  • marr: =1 if married

  • twoearn: =1 if two-earner household

  • pira: =1 if individual participates in IRA plan

  • hown: =1 if home owner

Examples

data('pension')
head(pension)
#>    ira a401   hval hmort hequity  nifa net_nifa   tfa net_tfa tfa_he     tw age
#> 1    0    0  69000 60150    8850   100    -3300   100   -3300   5550  53550  31
#> 2    0    0  78000 20000   58000 61010    61010 61010   61010 119010 124635  52
#> 3 1800    0 200000 15900  184100  7549     7049  9349    8849 192949 192949  50
#> 4    0    0      0     0       0  2487    -6013  2487   -6013  -6013   -513  28
#> 5    0    0 300000 90000  210000 10625    -2375 10625   -2375 207625 212087  42
#> 6    0    0 120000 99600   20400  9000   -11000  9000  -11000   9400  24400  49
#>     inc fsize educ db marr male twoearn dum91 e401 p401 pira nohs hs smcol col
#> 1 28146     5   12  0    1    0       0     1    0    0    0    0  1     0   0
#> 2 32634     5   16  0    0    0       0     1    0    0    0    0  0     0   1
#> 3 52206     3   11  0    1    1       1     1    0    0    1    1  0     0   0
#> 4 45252     4   15  0    1    0       1     1    0    0    0    0  0     1   0
#> 5 33126     3   12  1    0    0       0     1    0    0    0    0  1     0   0
#> 6 76860     6   15  1    1    0       1     1    0    0    0    0  0     1   0
#>   icat ecat      zhat net_n401 hown i1 i2 i3 i4 i5 i6 i7 a1 a2 a3 a4 a5
#> 1    3    2 0.2731780    -3300    1  0  0  1  0  0  0  0  0  1  0  0  0
#> 2    4    4 0.3866406    61010    1  0  0  0  1  0  0  0  0  0  0  1  0
#> 3    6    1 0.5336504     8849    1  0  0  0  0  0  1  0  0  0  0  1  0
#> 4    5    3 0.3243191    -6013    0  0  0  0  0  1  0  0  1  0  0  0  0
#> 5    4    2 0.6028074    -2375    1  0  0  0  1  0  0  0  0  0  1  0  0
#> 6    7    3 0.6849159   -11000    1  0  0  0  0  0  0  1  0  0  0  1  0