This data set contains the fourteen U.S. economic time series used by Schotman \& Dijk. All series are transformed by taking logarithms except for the bond yield. The sample period ends in 1988.
data(npext)A data frame containing fourteen series.
year | Time index from 1860 until 1988. |
realgnp | Real GNP, [Billions of 1958 Dollars], |
| [1909 -- 1988] | |
nomgnp | Nominal GNP, |
| [Millions of Current Dollars], [1909 -- 1988] | |
gnpperca | Real Per Capita GNP, |
| [1958 Dollars], [1909 -- 1988] | |
indprod | Industrial Production Index, |
| [1967 = 100], [1860 -- 1988] | |
employmt | Total Employment, |
| [Thousands], [1890 -- 1988] | |
unemploy | Total Unemployment Rate, |
| [Percent], [1890 -- 1988] | |
gnpdefl | GNP Deflator, |
| [1958 = 100], [1889 -- 1988] | |
cpi | Consumer Price Index, |
| [1967 = 100], [1860 -- 1988] | |
wages | Nominal Wages |
| (Average annual earnings per full-time employee in manufacturing), | |
| [current Dollars], [1900 -- 1988] | |
realwag | Real Wages, |
| [Nominal wages/CPI], [1900 -- 1988] | |
M | Money Stock (M2), |
| [Billions of Dollars, annual averages], [1889 -- 1988] | |
velocity | Velocity of Money, |
| [1869 -- 1988] | |
interest | Bond Yield (Basic Yields of 30-year corporate bonds), |
| [Percent per annum], [1900 -- 1988] | |
sp500 | Stock Prices, |
| [Index; 1941 -- 43 = 100], [1871 -- 1988] |
Bernhard Pfaff