Canada: Canada: Macroeconomic time series

In vars: VAR Modelling

Canada: Macroeconomic time series

Description

The original time series are published by the OECD. The sample range is from the 1stQ 1980 until 4thQ 2000. The following series have been utilised in the construction of the series provided in Canada:

Main Economic Indicators:

Canadian unemployment rate in %	444113DSA
Canadian manufacturing real wage	444321KSA
Canadian consumer price index	445241K

Quarterly National Accounts:

Canadian nominal GDP	CAN1008S1

Labour Force Statistics:

Canadian civil employment in 1000 persons	445005DSA

The series in Canada are constructed as:

prod :=	100*(ln(CAN1008S1/445241K)-ln(445005DSA))
e :=	100*ln(445005DSA)
U :=	444113DSA
rw :=	100*ln(100*444321KSA)

Hence, prod is used as a measure of labour productivity; e is used for employment; U is the unemployment rate and rw assigns the real wage.

Usage

Canada

Format

An object with class attributes mts and ts containing four variables with 84 observations.

Source

OECD: https://www.oecd.org; data set is available for download at http://www.jmulti.org/data_atse.html, the official homepage of JMULTI is http://www.jmulti.com. The book resource for JMULTI is: Luetkepohl, H. and Kraetzig, M., Applied Time Series Econometrics, Cambridge University Press, Cambridge, 2004.

vars documentation built on June 24, 2024, 9:08 a.m.