Simulated unbalanced income panel

Generate a panel with M individuals, each individual is observed for different spans of times. Before expanding, generate individual specific normal distribution standard deviation. All individuals share the same mean, but have increasing standard deviations.

Usage

simu_income_v5n9

Format

A data frame with 9 rows and 5 variables:

ID

Individual ID

income

Simulated income

Q

Number of observed periods for each individual

sd

Individual-specific income standard deviation

mean

Individual-specific income mean

Source

https://fanwangecon.github.io/R4Econ/function/dof/htmlpdfr/fs_funceval_expand.html

Examples

data(simu_income_v5n9)
print(simu_income_v5n9)
#> # A tibble: 8 × 5
#>      ID income     Q     sd  mean
#>   <int>  <dbl> <dbl>  <dbl> <dbl>
#> 1     1  1000.     3   0.01  1000
#> 2     1  1000.     3   0.01  1000
#> 3     1  1000.     3   0.01  1000
#> 4     2  1046.     3 100.    1000
#> 5     2   873.     3 100.    1000
#> 6     2   931.     3 100.    1000
#> 7     3   911.     2 200     1000
#> 8     3  1245.     2 200     1000