Description

Wooldridge Source: These are Wednesday closing prices of value-weighted NYSE average, available in many publications. I do not recall the particular source I used when I collected these data at MIT. Probably the easiest way to get similar data is to go to the NYSE web site, www.nyse.com. Data loads lazily.

Usage

Format

A data.frame with 691 observations on 8 variables:

• price: NYSE stock price index

• return: 100*(p - p(-1))/p(-1))

• return_1: lagged return

• t:

• price_1:

• price_2:

• cprice: price - price_1

• cprice_1: lagged cprice

Used in Text

pages 388-389, 407, 436, 438, 440-441, 442, 663-664

Source

https://www.cengage.com/cgi-wadsworth/course_products_wp.pl?fid=M20b&product_isbn_issn=9781111531041

Examples