MERM: Data set for the _Monetary Exchange Rate Model_
In pvars: VAR Modeling for Heterogeneous Panels
MERM R Documentation
Data set for the Monetary Exchange Rate Model
Description
The data set MERM consists of
monthly observations for the log-ratios of
prices p, money supply m, and industrial production y
as well as the natural logarithm of nominal exchange rates against the dollar s.
It covers the period January 1995 to December 2007 (T=156) for N=19 countries.
Usage
data("MERM")
Format
A long-format data panel of class 'data.frame',
where the columns id_i and id_t
indicate the country and month respectively.
Source
The prepared data set is directly obtainable from the journal website:
\Sexpr[results=rd]{tools:::Rd_expr_doi("10.1016/j.ecosta.2016.10.001")}. Supplementary Raw Research Data.
This is open data under the CC BY 4.0 license.
References
Oersal, D. D. K., and Arsova, A. (2017):
"Meta-Analytic Panel Cointegrating Rank Tests for Dependent Panels",
Econometrics and Statistics, 2, pp. 61-72.
See Also
Other data sets:
ERPT,
EURO,
EU_w,
ICAP,
MDEM,
PCAP,
PCIT
pvars documentation built on Nov. 5, 2025, 6:57 p.m.
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| MERM | R Documentation |
Data set for the Monetary Exchange Rate Model
Description
The data set MERM consists of
monthly observations for the log-ratios of
prices p, money supply m, and industrial production y
as well as the natural logarithm of nominal exchange rates against the dollar s.
It covers the period January 1995 to December 2007 (T=156) for N=19 countries.
Usage
data("MERM")
Format
A long-format data panel of class 'data.frame',
where the columns id_i and id_t
indicate the country and month respectively.
Source
The prepared data set is directly obtainable from the journal website: \Sexpr[results=rd]{tools:::Rd_expr_doi("10.1016/j.ecosta.2016.10.001")}. Supplementary Raw Research Data. This is open data under the CC BY 4.0 license.
References
Oersal, D. D. K., and Arsova, A. (2017): "Meta-Analytic Panel Cointegrating Rank Tests for Dependent Panels", Econometrics and Statistics, 2, pp. 61-72.
See Also
Other data sets:
ERPT,
EURO,
EU_w,
ICAP,
MDEM,
PCAP,
PCIT
R Package Documentation
Browse R Packages
We want your feedback!
Note that we can't provide technical support on individual packages. You should contact the package authors for that.
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