house_prices: House price indices and macro-financial indicators for...

In marina-khi/multiscale: Multiscale Inference for Nonparametric Time Trend(s)

House price indices and macro-financial indicators for advanced economies per country.

Format

A matrix with 2214 rows and 18 variables:

• iso: ISO code of the country

• year: year of the observation

• country: name of the country

• cpi: consumer price index (CPI) from the Jordà-Schularick-Taylor Macrohistory Database

• rgdppc: real GDP from the Jordà-Schularick-Taylor Macrohistory Database

• pop: population size from the Jordà-Schularick-Taylor Macrohistory Database

• ltrate: long-term interest rate from the Jordà-Schularick-Taylor Macrohistory Database

• hpnom: nominal house prices

• hpreal: deflated nominal house prices with the CPI

• infl: inflation that is measured as change in CPI

• log_hp: logarithm of the real house prices

• log_gdp: logarithm of the real GDP

• log_pop: logarithm of the population size

• delta_log_hp: first difference of the logarithm of the real house prices

• delta_log_gdp: first difference of the logarithm of the real GDP

• delta_log_pop: first difference of the logarithm of the population size

• delta_ltrate: first difference of the long-term interest rate

• delta_infl: first difference of the inflation

Source

https://www.openicpsr.org/openicpsr/project/113055/version/V1/view, https://www.macrohistory.net/database/ ======= A historical dataset on nominal annual house prices from Knoll2017 and respective macroeconomic variables from Jorda2017. A matrix with 984 rows and 18 columns. Each column corresponds to either the ISO/name of the country and year or one of the measurements described above recorded for that combination of country-year. https://www.openicpsr.org/openicpsr/project/113055/version/V1/view https://www.macrohistory.net/database/ >>>>>>> fb00f9b83bb9450f09d90344beebc5f014891393 data("house_prices") <<<<<<< HEAD Data that combines residential house price indices for 14 advanced economies over the years 1870 to 2012 from Knoll et al. (2017) with several macro-financial variables from the Jordà-Schularick-Taylor Macrohistory Database. We .

We also include the logarithms of real house prices (log_hp), the real GDP (log_gdp) and the population size (log_pop) to measure the growth rates of these variables.

Furthermore, we include the first difference of logarithm of real house prices (delta_log_hp), the logarithm of the real GDP (delta_log_gdp), the logarithm of the population size (delta_log_pop), long-term interest rate (delta_ltrate) and inflation (delta_infl) in order to simplify further calculations. ======= The dataset consists of nominal house prices and other macroeconomic variables for 8 advanced economies over the time period 1890-2012. The data are distributed through openICPSR, a public access repository supported by the Inter-university Consortium for Political and Social Research (ICPSR), under an Other License.

The dataset is freely available and was downloaded on 13 January 2022 from https://www.openicpsr.org/openicpsr/project/113055/version/V1/view.

The macroeconomic variables are obtained via the Jordà-Schularick-Taylor Macrohistory Database (Jorda2017). The Jordà-Schularick-Taylor Macrohistory Database is freely available and may be used, shared and adapted subject to Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International (CC BY-NC-SA 4.0).

The data were downloaded on 13 January 2022 from https://www.macrohistory.net/database/.

The entries in the dataset present one of the following measurements: consumer price index (|cpi|), real GDP (\verb|rgdppc|), population size (\verb|pop|), long-term interest rate (\verb|ltrate|), nominal house prices (\verb|hpnom|), real house prices (\verb|hpreal|) obtained through deflation the nominal house prices with the corresponding consumer price index (CPI), inflation (\verb|infl|) which is measured as change in CPI, logarithms of real house prices, population size and real GDP (\verb|log_hp|, \verb|log_gdp| and \verb|log_pop|, respectively) and the changes of the log house prices, log population size, log real GDP, long-term interest rate and inflation (\verb|delta_log_hp|, \verb|delta_log_gdp|, \verb|delta_log_pop|, \verb|delta_ltrate|, and \verb|delta_infl|, respectively). All of the measurements are recorded per country (columns \verb|iso| and \verb|country|) and per year (column \verb|year|). >>>>>>> fb00f9b83bb9450f09d90344beebc5f014891393 \keyword{datasets}

marina-khi/multiscale documentation built on Jan. 15, 2025, 7:28 a.m.