NelPlo: Nelson-Plosser Macroeconomic Time Series

NelPloR Documentation

Nelson–Plosser Macroeconomic Time Series

Description

These are the extended Nelson-Plosser Data.

Usage

data(NelPlo)

Format

14 macroeconomic time series: cpi, ip, gnp.nom, vel, emp, int.rate, nom.wages, gnp.def, money.stock, gnp.real, stock.prices, gnp.capita, real.wages, and unemp and the joint series NelPlo.

Details

The series are of various lengths but all end in 1988. The data set contains the following series: consumer price index, industrial production, nominal GNP, velocity, employment, interest rate, nominal wages, GNP deflator, money stock, real GNP, stock prices (S&P500), GNP per capita, real wages, unemployment.

Source

C. R. Nelson and C. I. Plosser (1982), Trends and Random Walks in Macroeconomic Time Series. Journal of Monetary Economics, 10, 139–162. doi: 10.1016/0304-3932(82)90012-5.

Formerly in the Journal of Business and Economic Statistics data archive, currently at http://korora.econ.yale.edu/phillips/data/np&enp.dat.

References

G. Koop and M. F. J. Steel (1994), A Decision-Theoretic Analysis of the Unit-Root Hypothesis using Mixtures of Elliptical Models. Journal of Business and Economic Statistics, 12, 95–107. doi: 10.1080/07350015.1994.10509993.


tseries documentation built on Oct. 10, 2022, 5:06 p.m.

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