Description Usage Format Source Examples
Some macroeconomic variables from 76 countries
1 | data("brumm")
|
A data frame with 76 observations on the following 7 variables.
moneygrowth rate of money supply = change ln(m)
inflatgrowth rate of prices = change ln(p)
outputgrowth rate of output = change ln(q)
initialinitial level of GDP per capita
poprateaverage population growth rate
invaverage investment share of GDP
schoola measure of the population's educational attainment
The authors kindly thank Harold J. Brumm for providing the data used in his article "Money Growth, Output Growth, and Inflation: A Reexamination of the Modern Quantity Theory's Linchpin Prediction," Southern Economic Journal, 2005, 71(3), 661-667.
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