consump: consump

In wooldridge: 115 Data Sets from "Introductory Econometrics: A Modern Approach, 7e" by Jeffrey M. Wooldridge

consump

Description

Wooldridge Source: I collected these data from the 1997 Economic Report of the President. Specifically, the data come from Tables B-71, 15, 29, and 32. Data loads lazily.

Usage

data('consump')

Format

A data.frame with 37 observations on 24 variables:

• year: 1959-1995

• i3: 3 mo. T-bill rate

• inf: inflation rate; CPI

• rdisp: disp. inc., 1992 $, bils.

• rnondc: nondur. cons., 1992 $, bils.

• rserv: services, 1992 $, bils.

• pop: population, 1000s

• y: per capita real disp. inc.

• rcons: rnondc + rserv

• c: per capita real cons.

• r3: i3 - inf; real ex post int.

• lc: log(c)

• ly: log(y)

• gc: lc - lc[_n-1]

• gy: ly - ly[_n-1]

• gc_1: gc[_n-1]

• gy_1: gy[_n-1]

• r3_1: r3[_n-1]

• lc_ly: lc - ly

• lc_ly_1: lc_ly[_n-1]

• gc_2: gc[_n-2]

• gy_2: gy[_n-2]

• r3_2: r3[_n-2]

• lc_ly_2: lc_ly[_n-2]

Notes

For a student interested in time series methods, updating this data set and using it in a manner similar to that in the text could be acceptable as a final project.

Used in Text: pages 377-378, 408-409, 442, 570-571, 579, 673

Source

https://www.cengage.com/cgi-wadsworth/course_products_wp.pl?fid=M20b&product_isbn_issn=9781111531041

Examples

 str(consump)

wooldridge documentation built on May 3, 2023, 5:06 p.m.