USLMData

<p>Quarterly U.S. labor market time-series data. These data are the data used in Baumeister and Hamilton (2015).</p>

datasets

Provides a function for estimating the parameters of Structural Bayesian Vector Autoregression models with the method developed by Baumeister and Hamilton (2015) <doi:10.3982/ECTA12356>, Baumeister and Hamilton (2017) <doi:10.3386/w24167>, and Baumeister and Hamilton (2018) <doi:10.1016/j.jmoneco.2018.06.005>. Functions for plotting impulse responses, historical decompositions, and posterior distributions of model parameters are also provided.

Paul Richardson

BHSBVAR

Structural Bayesian Vector Autoregression Models

USLMData function

<p>Data frame object that includes "Date", "Wage", and "Employment" variables. These data are the percent change in U.S. real wage and employment and were created by taking the difference of the natural log of U.S. real wage and employment levels and multiplying by 100.</p>

USLMData: U.S. Labor Market Data

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