Description

The data set contains quarterly time series for the US CPI inflation rate, unemployment rate, and Fed Funds rate from 1959Q2 to 2007Q4. It was produced from file "US_macrodata.csv" of the data sets associated with Chan, Koop, Poirier and Tobias (2019). Raw data are available at https://web.ics.purdue.edu/~jltobias/second_edition/Chapter20/code_for_exercise_1/US_macrodata.csv.

Usage

Format

A named time-series object with 195 rows and 3 variables:

Dp

CPI inflation rate.

u

unemployment rate.

r

Fed Funds rate.

References

Chan, J., Koop, G., Poirier, D. J., & Tobias J. L. (2019). Bayesian econometric methods (2nd ed.). Cambridge: Cambridge University Press.