LifeCycleSavings package:datasets R Documentation
STATISTICS 500 FALL 2006 PROBLEM 1 DATA PAGE 1
Due in class Thusday 26 Oct 2006
This is an exam. Do not discuss it with anyone.
The data concern Y=sr=aggregate personal savings in 50 countries over ten years, as predicted by four predictors, the percentages of young and old people, per-capita disposable income, and the growth rate in per-capita disposable income. (A related paper, which you need not consult, is Modigliani (1988), The role of intergenerational transfers and life cycle saving in the accumulation of wealth, Journal of Economic Perspectives, 2, 15-40.)
In R, type:
> data(LifeCycleSavings)
and the data should enter your workspace as an object. In R, I would type:
> attach(LifeCycleSavings)
> nation ................
................
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