KPSW2.DAT
UPDATED DATA SET June 1994 - Norm Swanson

KING PLOSSER STOCK WATSON Data Set Using 1987 real data, and revised M2

This is an Update of the KPSW Data Set Running Through 1994:1

The data is quarterly, from 1947:2-1994:1 (188 obs.) Monthly data from CITIBASE is averaged (see month1.for). The raw data is from CITIBASE (see month1.dat and fm1fm2.data)

The variables are:

c (real 1987 per capita consumption) : log(gcq/(p16*1000000))
i (real 1987 per capita investment) : log(gifq/(p16*1000000))
m (per capita M2, fm2 appended with pre 1959 data) : log(fm2/(p16*1000000))
m* (per capita M2 where the appended 1947-1958 data is multiplied by 1.35) use m* for causality stuff
p (price deflator) : log ( (gdp-gge)/(gdpq-ggeq) ) P (price deflator) : ( (gdp-gge)/(gdpq-ggeq) )
y ( real 1987 per capita output) : log((gdpq-ggeq)/(p16*1000000))
R ( 3-month t-bill annual rate) : fygm3 (averaged from monthly, as are fm2 data)
del P (inflation) : 400*log(P(t)/P(t-1))


c ............... i ............... m-p.............. m*-p............. y.............. R............. del p..........

8.9667050 7.5315460 8.8840330 9.1841380 9.2234150 0.3800000 3.3981060
8.9626720 7.5648900 8.8724020 9.1725070 9.2230940 0.7366667 7.2848010
8.9582240 7.6355890 8.8471790 9.1472850 9.2356430 0.9066667 12.4249400
8.9647620 7.6568520 8.8314250 9.1315300 9.2366660 0.9900000 6.1917210
8.9728570 7.6601770 8.8077160 9.1078210 9.2398730 1.0000000 6.3617420
8.9731860 7.6435730 8.7849000 9.0850040 9.2380500 1.0500000 8.4624950
8.9814490 7.6316790 8.7861220 9.0862270 9.2367940 1.1400000 -2.0434990
8.9814190 7.5716690 8.7974540 9.0975590 9.2201940 1.1700000 -6.4417590
8.9915160 7.5265770 8.8094130 9.1095180 9.2039830 1.1700000 -4.7675360
8.9851320 7.5222370 8.8029640 9.1030680 9.2059390 1.0433330 0.8340716
8.9881280 7.5535700 8.8021520 9.1022570 9.1964770 1.0766670 -0.8276914
9.0001620 7.6124530 8.8030200 9.1031240 9.2404990 1.1033330 1.5477710
9.0163310 7.6990450 8.8094140 9.1095180 9.2719140 1.1533330 1.5191280
9.0530500 7.7656680 8.7823310 9.0824360 9.3083840 1.2200000 12.9665600
9.0387600 7.7507220 8.7749530 9.0750570 9.3263850 1.3366670 6.2430360
9.0589030 7.7137590 8.7497800 9.0498850 9.3197770 1.3666670 14.4844200
9.0439790 7.6750490 8.7566650 9.0567690 9.3194090 1.4900000 1.1511430
9.0540900 7.6621880 8.7707510 9.0708550 9.3161440 1.6033330 -0.3041708
9.0584940 7.6525610 8.7781770 9.0782820 9.3039020 1.6100000 3.2308870
9.0612630 7.6627180 8.7878070 9.0879120 9.3060870 1.5666670 1.3336340
9.0777790 7.6724940 8.8005480 9.1006530 9.2971530 1.6466670 -1.5528980
9.0807630 7.6108890 8.7974290 9.0975340 9.2983140 1.7833330 4.7425300
9.0985180 7.6698670 8.7947990 9.0949040 9.3200530 1.8933330 4.7209010
9.1028440 7.6997080 8.7927790 9.0928840 9.3267390 1.9800000 0.2430177
9.1062860 7.6992250 8.7969120 9.0970160 9.3266440 2.1533330 1.2400460
9.1038830 7.6949080 8.7946380 9.0947430 9.3217800 1.9566670 2.4437960
9.1026730 7.6859820 8.8051520 9.1052570 9.3082380 1.4733330 -3.0083730
9.1031340 7.6713460 8.8083660 9.1084710 9.3088110 1.0600000 0.4762198
9.1083710 7.6869710 8.8128530 9.1129570 9.3147300 0.7866667 0.6729184
9.1221580 7.7170550 8.8260780 9.1261840 9.3349950 0.8833334 -0.7774513
9.1364750 7.7309950 8.8290030 9.1291070 9.3547760 1.0166670 1.7341640
9.1477580 7.7673970 8.8251630 9.1252670 9.3800880 1.2266670 4.6881950
9.1597480 7.8043740 8.8235070 9.1236110 9.3961520 1.4833330 1.8124460
9.1661160 7.8200000 8.8166430 9.1167470 9.4053940 1.8566670 3.4280800
9.1811860 7.8223570 8.8129390 9.1130440 9.4199430 2.3400000 1.8993040
9.1808250 7.8002010 8.8045380 9.1046420 9.4123050 2.3266670 3.5063630
9.1792850 7.8018890 8.8017170 9.1018210 9.4118440 2.5666670 1.8918050
9.1808100 7.8007990 8.7915730 9.0916780 9.4114890 2.5833330 4.5255700
9.1875490 7.7857100 8.7881150 9.0882200 9.4187390 3.0333340 2.7974780
9.1921830 7.7805020 8.7817280 9.0818330 9.4177470 3.1000000 4.9710990
9.1921900 7.7648010 8.7797810 9.0798850 9.4128040 3.1366670 2.4838420
9.1951890 7.7689140 8.7743030 9.0744080 9.4170670 3.3533330 3.5256950
9.1963710 7.7495190 8.7787990 9.0789040 9.3987800 3.3033330 -2.1683230
9.1833420 7.6904970 8.7766120 9.0767160 9.3663890 1.7600000 3.5458770
9.1916520 7.6612970 8.7995410 9.0996450 9.3667230 0.9566666 -0.4957170
9.2034100 7.6713030 8.8076760 9.1077800 9.3915220 1.6800000 2.5805030
9.2093490 7.7262890 8.8105170 9.1106210 9.4110150 2.6900000 2.0215360
9.2210550 7.7828090 9.1378570 9.1378570 9.4299010 2.7733330 1.6657900
9.2310640 7.8119970 9.1414960 9.1414960 9.4473280 3.0000000 2.9060400
9.2380720 7.8196160 9.1483260 9.1483260 9.4414250 3.5400000 1.2354350
9.2388470 7.8038460 9.1463410 9.1463410 9.4478900 4.2300000 1.0528050
9.2395750 7.8255210 9.1335370 9.1335370 9.4680140 3.8733340 4.3750480
9.2489190 7.7970550 9.1375240 9.1375240 9.4571540 2.9933340 0.5250821
9.2411110 7.7660920 9.1480070 9.1480070 9.4511530 2.3600000 1.5088200
9.2403190 7.7622170 9.1633830 9.1633830 9.4342280 2.3066670 -1.6378750
9.2399650 7.7513250 9.1755530 9.1755530 9.4372120 2.3500000 0.4765531
9.2510070 7.7567950 9.1857700 9.1857700 9.4511630 2.3033330 1.8926600
9.2505250 7.7772480 9.1935540 9.1935540 9.4645850 2.3033340 2.3498050
9.2666990 7.8058450 9.2059040 9.2059040 9.4803770 2.4600000 1.5263010
9.2749790 7.8228840 9.2178160 9.2178160 9.4925320 2.7233330 2.7168300
9.2818390 7.8512210 9.2342640 9.2342640 9.5003410 2.7133330 0.2854282
9.2859350 7.8531280 9.2435650 9.2435650 9.5052820 2.8400000 0.5841756
9.2926460 7.8374570 9.2540530 9.2540530 9.4986150 2.8133340 1.6409550
9.2939680 7.8416480 9.2690900 9.2690900 9.5108470 2.9066670 0.8184637
9.2970300 7.8849630 9.2843060 9.2843060 9.5209090 2.9366670 0.6819630
9.3066380 7.9052000 9.2974750 9.2974750 9.5331080 3.2933330 1.1313640
9.3107470 7.9297260 9.3083250 9.3083250 9.5405650 3.4966670 1.7861010
9.3254510 7.9625120 9.3201380 9.3201380 9.5655670 3.5300000 0.2193803
9.3366860 7.9508890 9.3276300 9.3276300 9.5692510 3.4766670 2.0905130
9.3496130 7.9601050 9.3421120 9.3421120 9.5812850 3.4966670 1.3872380
9.3478620 7.9621240 9.3524580 9.3524580 9.5813040 3.6833330 2.4015190
9.3614680 7.9961360 9.3579600 9.3579600 9.6031630 3.8900000 3.9476930
9.3693050 8.0198030 9.3653540 9.3653540 9.6097870 3.8733330 1.9360820
9.3808630 8.0406590 9.3765730 9.3765730 9.6222150 3.8666670 1.8512260
9.4021640 8.0544500 9.3876840 9.3876840 9.6399730 4.1666670 3.1773870
9.4117350 8.0839660 9.3943100 9.3943100 9.6593520 4.6100000 3.7198130
9.4130950 8.0576710 9.3922490 9.3922490 9.6506290 4.5866670 4.4119760
9.4203460 8.0506020 9.3871700 9.3871700 9.6519500 5.0433340 3.2950210
9.4208950 8.0059760 9.3818190 9.3818190 9.6504680 5.2100000 5.0699390
9.4254880 7.9809100 9.3905510 9.3905510 9.6441970 4.5133330 1.4392200
9.4345410 8.0056440 9.4095580 9.4095580 9.6476640 3.6600000 0.4295426
9.4349150 8.0132660 9.4229710 9.4229710 9.6551320 4.3000000 3.5168090
9.4362540 8.0383000 9.4278550 9.4278550 9.6557050 4.7533340 4.4239070
9.4528360 8.0539690 9.4264860 9.4264860 9.6654400 5.0500000 5.6370300
9.4636340 8.0459720 9.4285250 9.4285250 9.6807250 5.5200000 4.5893550
9.4761590 8.0532660 9.4349440 9.4349440 9.6869850 5.1966670 3.6889160
9.4770720 8.0725140 9.4402690 9.4402690 9.6835470 5.5866670 4.8663940
9.4838870 8.0946820 9.4430800 9.4430800 9.7018310 6.0933340 3.7421580
9.4857260 8.0896970 9.4341020 9.4341020 9.6975320 6.1966670 5.7244240
9.4870410 8.0986030 9.4261790 9.4261790 9.7029700 7.0233340 4.1294780
9.4906820 8.0618780 9.4196410 9.4196410 9.6958670 7.3533330 4.7024270
9.4912900 8.0517850 9.4092940 9.4092940 9.6900000 7.2100010 4.0822340
9.4898370 8.0191380 9.3946650 9.3946650 9.6851220 6.6766670 6.4228890
9.4936220 8.0365410 9.4065160 9.4065160 9.6940740 6.3300000 1.3855750
9.4858680 8.0379740 9.4169560 9.4169560 9.6788670 5.3533340 4.1447220
9.4959260 8.0506810 9.4274960 9.4274960 9.7066350 3.8400000 6.1988580
9.4975590 8.0819140 9.4456560 9.4456560 9.7040470 4.2500000 5.9438820
9.4991940 8.0932610 9.4578310 9.4578310 9.7076420 5.0100000 4.5430140
9.5081780 8.1116450 9.4738210 9.4738210 9.7087430 4.2300000 2.2008800
9.5097870 8.1449770 9.4821370 9.4821370 9.7194780 3.4366670 3.9679010
9.5220010 8.1606060 9.4937350 9.4937350 9.7367870 3.7700000 3.4772930
9.5297570 8.1667670 9.5138050 9.5138050 9.7492430 4.2200000 3.0601450
9.5463650 8.2088120 9.5269930 9.5269930 9.7639320 4.8633340 5.7831300
9.5567460 8.2442620 9.5351530 9.5351530 9.7880450 5.7000000 4.3606150
9.5506630 8.2439490 9.5286730 9.5286730 9.7908100 6.6033340 7.1169990
9.5511640 8.2334020 9.5212860 9.5212860 9.7878630 8.3233340 7.0436370
9.5430640 8.2134660 9.5055920 9.5055920 9.7902370 7.5000000 9.6892340
9.5298830 8.1827950 9.5043710 9.5043710 9.7712340 7.6166670 5.9058270
9.5287860 8.1618270 9.4903480 9.4903480 9.7655320 8.1533330 8.5654230
9.5269330 8.1299790 9.4692360 9.4692360 9.7512470 8.1900010 10.8487400
9.5094580 8.0611280 9.4554200 9.4554200 9.7390220 7.3600000 9.4343790
9.5104310 7.9880810 9.4390150 9.4390150 9.7059220 5.7500000 11.8682300
9.5226650 7.9700870 9.4581210 9.4581210 9.7155600 5.3933330 4.8507540
9.5300660 7.9909760 9.4659430 9.4659430 9.7308270 6.3300000 8.8851020
9.5357800 8.0059170 9.4699490 9.4699490 9.7406190 5.6266670 6.2112050
9.5506060 8.0428280 9.4845610 9.4845610 9.7617380 4.9166670 4.6707570
9.5531510 8.0506910 9.4978450 9.4978450 9.7641660 5.1566670 5.1494070
9.5566330 8.0530070 9.5036020 9.5036020 9.7643850 5.1500000 6.5832440
9.5652200 8.0991060 9.5193060 9.5193060 9.7732280 4.6733340 6.4981480
9.5738330 8.1348850 9.5356450 9.5356450 9.7856680 4.6300000 5.0067480
9.5733220 8.1838660 9.5366670 9.5366670 9.7990230 4.8400000 8.5652370
9.5779470 8.1893040 9.5380440 9.5380440 9.8115110 5.4966660 7.0652340
9.5860150 8.2005780 9.5392380 9.5392380 9.8051710 6.1100000 6.5070620
9.5883510 8.2065200 9.5394180 9.5394180 9.8087040 6.3933330 5.6016720
9.6038140 8.2634020 9.5247930 9.5247930 9.8397740 6.4766670 11.2565500
9.6036210 8.2813980 9.5205550 9.5205550 9.8426670 7.3133340 7.7072040
9.6060420 8.2946690 9.5160360 9.5160360 9.8515630 8.5700010 8.2962600
9.6082680 8.2975170 9.5079660 9.5079660 9.8484040 9.3833330 7.9985920
9.6030310 8.2861300 9.5057960 9.5057960 9.8434510 9.3766670 8.5475940
9.6063600 8.2951110 9.5037840 9.5037840 9.8442320 9.6733330 8.6818100
9.6055470 8.2771680 9.4956800 9.4956800 9.8408020 11.8433300 6.6838900
9.6009700 8.2579530 9.4865930 9.4865930 9.8387270 13.3533300 9.0110930
9.5763990 8.1521980 9.4705930 9.4705930 9.8018430 9.6166670 9.5054420
9.5830090 8.1487440 9.4758750 9.4758750 9.7999780 9.1533340 9.8045970
9.5913200 8.1844030 9.4706340 9.4706340 9.8208580 13.6133300 9.5547960
9.5904050 8.1916310 9.4553450 9.4553450 9.8308250 14.3900000 11.8706400
9.5873550 8.1881750 9.4610730 9.4610730 9.8220220 14.9066700 6.8446560
9.5885260 8.1810220 9.4522820 9.4522820 9.8255790 15.0533300 10.3394600
9.5775550 8.1545420 9.4533210 9.4533210 9.8012980 11.7500000 8.1998020
9.5808150 8.1232820 9.4629420 9.4629420 9.7832630 12.8133300 4.3419360
9.5797410 8.0898660 9.4663830 9.4663830 9.7836650 12.4200000 5.0504460
9.5822770 8.0567330 9.4755010 9.4755010 9.7734840 9.3166670 3.8171210
9.5938420 8.0612030 9.4894740 9.4894740 9.7684350 7.9066660 2.5733010
9.5979430 8.0672680 9.5249340 9.5249340 9.7738550 8.1066680 5.0951280
9.6137500 8.1086920 9.5433100 9.5433100 9.8028640 8.3966670 2.6470620
9.6242760 8.1574470 9.5483720 9.5483720 9.8148060 9.1400000 3.5708310
9.6361530 8.2050340 9.5505890 9.5505890 9.8339620 8.8000000 6.0098370
9.6415120 8.2314900 9.5535400 9.5535400 9.8514460 9.1700000 5.0728580
9.6526750 8.2726720 9.5625980 9.5625980 9.8623980 9.7966670 3.6756870
9.6549220 8.2851180 9.5635500 9.5635500 9.8655420 10.3200000 4.7520480
9.6627890 8.2938670 9.5761810 9.5761810 9.8652960 8.8033340 2.5030340
9.6748880 8.3048500 9.5916600 9.5916600 9.8690620 8.1833330 4.6428080
9.6812420 8.3118930 9.5987830 9.5987830 9.8721130 7.4600010 2.4640330
9.6938060 8.3027650 9.6112660 9.6112660 9.8793880 7.1066670 2.9307500
9.6915450 8.3177100 9.6152020 9.6152020 9.8820760 7.1666670 3.7751780
9.6959300 8.3063450 9.6185230 9.6185230 9.8920490 6.8966670 2.1441110
9.7018660 8.3034560 9.6374190 9.6374190 9.8840810 6.1400000 1.7227690
9.7144320 8.2946820 9.6525460 9.6525460 9.8823310 5.5233340 3.3573010
9.7177680 8.2946550 9.6645760 9.6645760 9.8854040 5.3533330 3.1339100
9.7139350 8.2644890 9.6668410 9.6668410 9.8899000 5.5366670 3.7044600
9.7227060 8.2777460 9.6641270 9.6641270 9.8995810 5.6566670 2.9227500
9.7295020 8.2953270 9.6618110 9.6618110 9.9073270 6.0433340 3.1251580
9.7266830 8.2940930 9.6608140 9.6608140 9.9205540 5.8633330 4.0210590
9.7412100 8.2965350 9.6669790 9.6669790 9.9282520 5.7233330 2.7629100
9.7451650 8.3151690 9.6716180 9.6716180 9.9385020 6.2100010 4.8104260
9.7499390 8.3197370 9.6641570 9.6641570 9.9443000 7.0100000 5.2740390
9.7578430 8.3247300 9.6601520 9.6601520 9.9509610 7.7266670 4.1323570
9.7552610 8.3187840 9.6513370 9.6513370 9.9588120 8.5400000 4.6583610
9.7557630 8.3110750 9.6427800 9.6427800 9.9591500 8.4100000 4.6390840
9.7606530 8.3029740 9.6482620 9.6482620 9.9543560 7.8433340 4.1875220
9.7604980 8.2893990 9.6554270 9.6554270 9.9565280 7.6533340 3.5171870
9.7652810 8.3101340 9.6554150 9.6554150 9.9610210 7.7600000 5.0027460
9.7652810 8.2867040 9.6510110 9.6510110 9.9629150 7.7466660 4.5730440
9.7680560 8.2766850 9.6494160 9.6494160 9.9582580 7.4766670 3.7474970
9.7589080 8.2421360 9.6423710 9.6423710 9.9426890 6.9900000 4.0696320
9.7495790 8.1951280 9.6366920 9.6366920 9.9312990 6.0233330 5.2032560
9.7517750 8.1884190 9.6363480 9.6363480 9.9328210 5.5600000 3.6964750
9.7525050 8.1885130 9.6298270 9.6298270 9.9359680 5.3766670 2.6935760
9.7501530 8.1880840 9.6265950 9.6265950 9.9381710 4.5400000 2.3096510
9.7584410 8.2024220 9.6247140 9.6247140 9.9448280 3.8933330 3.7212310
9.7606160 8.2392030 9.6168670 9.6168670 9.9518520 3.6800000 2.5546810
9.7683580 8.2444180 9.6135480 9.6135480 9.9573520 3.0833330 1.2853930
9.7793080 8.2743910 9.6083740 9.6083740 9.9725490 3.0700000 3.2589350
9.7787690 8.2973050 9.5946950 9.5946950 9.9762370 2.9600000 3.1401080
9.7846750 8.3163640 9.5917840 9.5917840 9.9770830 2.9666660 2.3037720
9.7927160 8.3341330 9.5918010 9.5918010 9.9829640 3.0033330 1.3692280
9.8007760 8.3869180 9.5907150 9.5907150 10.0009000 3.0600000 1.3072090
9.8010280 8.3933210 9.5815110 9.5815110 10.0030400 3.2433340 2.0029380