NPORG: Nelson and Plosser original data set

nporgR Documentation

Nelson and Plosser original data set

Description

This data set contains the fourteen U.S. economic time series used by Nelson and Plosser in their seminal paper.

Usage

data(nporg)

Format

A data frame containing fourteen series.

year Time index from 1860 until 1970.
gnp.r Real GNP,
[Billions of 1958 Dollars], [1909 -- 1970]
gnp.n Nominal GNP,
[Millions of Current Dollars], [1909 -- 1970]
gnp.pc Real Per Capita GNP,
[1958 Dollars], [1909 -- 1970]
ip Industrial Production Index,
[1967 = 100], [1860 -- 1970]
emp Total Employment,
[Thousands], [1890 -- 1970]
ur Total Unemployment Rate,
[Percent], [1890 -- 1970]
gnp.p GNP Deflator,
[1958 = 100], [1889 -- 1970]
cpi Consumer Price Index,
[1967 = 100], [1860 -- 1970]
wg.n Nominal Wages
(Average annual earnings per full-time employee in manufacturing),
[current Dollars], [1900 -- 1970]
wg.r Real Wages,
[Nominal wages/CPI], [1900 -- 1970]
M Money Stock (M2),
[Billions of Dollars, annual averages], [1889 -- 1970]
vel Velocity of Money,
[1869 -- 1970]
bnd Bond Yield (Basic Yields of 30-year corporate bonds),
[Percent per annum], [1900 -- 1970]
sp Stock Prices,
[Index; 1941 -- 43 = 100], [1871 -- 1970]

Author(s)

Bernhard Pfaff

Source

Nelson, C.R. and Plosser, C.I. (1982), Trends and Random Walks in Macroeconomic Time Series, Journal of Monetary Economics, 10, 139–162.

References

http://korora.econ.yale.edu/phillips/index.htm


urca documentation built on May 29, 2024, 5:36 a.m.

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