AER (version 0.2-2)

KleinI: Klein Model I

Description

Klein's Model I for the US economy.

Usage

data("KleinI")

source

Online complements to Greene (2003). Table F15.1.

http://pages.stern.nyu.edu/~wgreene/Text/tables/tablelist5.htm

References

Greene, W.H. (2003). Econometric Analysis, 5th edition. Upper Saddle River, NJ: Prentice Hall.

Klein, L. (1950). Economic Fluctuations in the United States, 1921--1941. New York: John Wiley.

Maddala, G.S. (1977). Econometrics. New York: McGraw-Hill.

See Also

Greene2003

Examples

data("KleinI", package = "AER")
plot(KleinI)

## Greene (2003), Tab. 15.3, OLS
library("dynlm")
fm_cons <- dynlm(consumption ~ cprofits + L(cprofits) + I(pwage + gwage), data = KleinI)
fm_inv <- dynlm(invest ~ cprofits + L(cprofits) + capital, data = KleinI)
fm_pwage <- dynlm(pwage ~ gnp + L(gnp) + I(time(gnp) - 1931), data = KleinI)
summary(fm_cons)
summary(fm_inv)
summary(fm_pwage)

## More examples can be found in:
## help("Greene2003")