NT2022

This data set contains the series used by Natsiopoulos and Tzeremes (2022) for re-estimating the UK earnings equation.
The clean format of the data retrieved from the Data Archive of Natsiopoulos and Tzeremes (2022).

datasets

Creates complex autoregressive distributed lag (ARDL) models and
constructs the underlying unrestricted and restricted error correction
model (ECM) automatically, just by providing the order. It also performs
the bounds-test for cointegration as described in Pesaran et al. (2001)
<doi:10.1002/jae.616> and provides the multipliers and the cointegrating
equation. The validity and the accuracy of this package have been verified
by successfully replicating the results of Pesaran et al. (2001) in
Natsiopoulos and Tzeremes (2022) <doi:10.1002/jae.2919>.

Kleanthis Natsiopoulos

ARDL

ARDL, ECM and Bounds-Test for Cointegration

Nickolaos Tzeremes

NT2022 function

A time-series object with 196 rows and 9 variables. Time period from 1971:Q1
until 2019:Q4.<dl>
 <dt>time</dt>
<dd>time variable</dd> <dt>w</dt>
<dd>real wage</dd> <dt>Prod</dt>
<dd>labor productivity</dd> <dt>UR</dt>
<dd>unemployment rate</dd> <dt>Wedge</dt>
<dd>wedge effect</dd> <dt>Union</dt>
<dd>union power</dd> <dt>D7475</dt>
<dd>income policies 1974:Q1-1975:Q4</dd> <dt>D7579</dt>
<dd>income policies 1975:Q1-1979:Q4</dd> <dt>UnionR</dt>
<dd>union membership</dd>
</dl>

Format

The UK earnings equation data from Natsiopoulos and Tzeremes (2022) — NT2022

A time-series object with 196 rows and 9 variables. Time period from 1971:Q1
until 2019:Q4.<dl>
 <dt>time</dt>
<dd>time variable</dd>

 <dt>w</dt>
<dd>real wage</dd>

 <dt>Prod</dt>
<dd>labor productivity</dd>

 <dt>UR</dt>
<dd>unemployment rate</dd>

 <dt>Wedge</dt>
<dd>wedge effect</dd>

 <dt>Union</dt>
<dd>union power</dd>

 <dt>D7475</dt>
<dd>income policies 1974:Q1-1975:Q4</dd>

 <dt>D7579</dt>
<dd>income policies 1975:Q1-1979:Q4</dd>

 <dt>UnionR</dt>
<dd>union membership</dd>


</dl>

NT2022: The UK earnings equation data from Natsiopoulos and Tzeremes (2022)

Description

Usage

Arguments

Format

Details

References