| PSS2001 {ARDL} | R Documentation |
The UK earnings equation data from Pesaran et al. (2001)
Description
This data set contains the series used by Pesaran et al. (2001) for estimating the UK earnings equation. The clean format of the data retrieved from the Data Archive of Natsiopoulos and Tzeremes (2022).
Usage
PSS2001
Format
A time-series object with 112 rows and 7 variables. Time period from 1970:Q1 until 1997:Q4.
- w
real wage
- Prod
labor productivity
- UR
unemployment rate
- Wedge
wedge effect
- Union
union power
- D7475
income policies 1974:Q1-1975:Q4
- D7579
income policies 1975:Q1-1979:Q4
Details
An object of class "zooreg" "zoo".
Source
http://qed.econ.queensu.ca/jae/datasets/pesaran001/ http://qed.econ.queensu.ca/jae/datasets/natsiopoulos001/
References
M. Hashem Pesaran, Richard J. Smith, and Yongcheol Shin, (2001), "Bounds Testing Approaches to the Analysis of Level Relationships", Journal of Applied Econometrics, 16, 3, 289–326.
Kleanthis Natsiopoulos and Nickolaos G. Tzeremes, (2022), "ARDL bounds test for Cointegration: Replicating the Pesaran et al. (2001) Results for the UK Earnings Equation Using R", Journal of Applied Econometrics, 37, 5, 1079–1090. doi:10.1002/jae.2919