bev: Beveridge Wheat Price Index, 1500--1869.
Description
Contains the well-known Beveridge Wheat Price Index which gives annual
price data from 1500 to 1869, averaged over many locations in western
and central Europe.format
A univariate time series with 370 observations. The object is of
class "ts".source
Time Series Data Library:
http://www-personal.buseco.monash.edu.au/~hyndman/TSDL/Details
This data provides an example of long memory time series which has the
appearance of being nonstationary in levels and yet also appears
overdifferenced. See, e.g., Baillie (1996).References
R. T. Baillie (1996):
Long Memory Processes and Fractional Integration in Econometrics.
Journal of Econometrics, 73, 5--59.