1860 0.0 0.0 0. .9 0.0 0.0 0.0 27.0 0.0 0.00 0.00 0.00 0.00 0.00 1861 0.0 0.0 0. .9 0.0 0.0 0.0 27.0 0.0 0.00 0.00 0.00 0.00 0.00 1862 0.0 0.0 0. .9 0.0 0.0 0.0 30.0 0.0 0.00 0.00 0.00 0.00 0.00 1863 0.0 0.0 0. 1.0 0.0 0.0 0.0 37.0 0.0 0.00 0.00 0.00 0.00 0.00 1864 0.0 0.0 0. 1.0 0.0 0.0 0.0 48.0 0.0 0.00 0.00 0.00 0.00 0.00 1865 0.0 0.0 0. 1.0 0.0 0.0 0.0 47.0 0.0 0.00 0.00 0.00 0.00 0.00 1866 0.0 0.0 0. 1.2 0.0 0.0 0.0 44.0 0.0 0.00 0.00 0.00 0.00 0.00 1867 0.0 0.0 0. 1.3 0.0 0.0 0.0 43.0 0.0 0.00 0.00 0.00 0.00 0.00 1868 0.0 0.0 0. 1.3 0.0 0.0 0.0 41.0 0.0 0.00 0.00 0.00 0.00 0.00 1869 0.0 0.0 0. 1.4 0.0 0.0 0.0 40.0 0.0 0.00 0.00 5.61 0.00 0.00 1870 0.0 0.0 0. 1.5 0.0 0.0 0.0 38.0 0.0 0.00 0.00 5.16 0.00 0.00 1871 0.0 0.0 0. 1.5 0.0 0.0 0.0 37.0 0.0 0.00 0.00 4.63 0.00 4.69 1872 0.0 0.0 0. 1.8 0.0 0.0 0.0 37.0 0.0 0.00 0.00 5.05 0.00 5.03 1873 0.0 0.0 0. 1.8 0.0 0.0 0.0 37.0 0.0 0.00 0.00 4.95 0.00 4.80 1874 0.0 0.0 0. 1.7 0.0 0.0 0.0 35.0 0.0 0.00 0.00 4.71 0.00 4.57 1875 0.0 0.0 0. 1.7 0.0 0.0 0.0 33.0 0.0 0.00 0.00 4.46 0.00 4.45 1876 0.0 0.0 0. 1.7 0.0 0.0 0.0 32.0 0.0 0.00 0.00 4.65 0.00 4.06 1877 0.0 0.0 0. 1.8 0.0 0.0 0.0 32.0 0.0 0.00 0.00 4.89 0.00 3.14 1878 0.0 0.0 0. 1.9 0.0 0.0 0.0 30.0 0.0 0.00 0.00 5.06 0.00 3.38 1879 0.0 0.0 0. 2.2 0.0 0.0 0.0 29.0 0.0 0.00 0.00 5.10 0.00 4.12 1880 0.0 0.0 0. 2.5 0.0 0.0 0.0 30.0 0.0 0.00 0.00 5.31 0.00 5.21 1881 0.0 0.0 0. 2.8 0.0 0.0 0.0 30.0 0.0 0.00 0.00 4.41 0.00 6.25 1882 0.0 0.0 0. 3.0 0.0 0.0 0.0 30.0 0.0 0.00 0.00 4.41 0.00 5.90 1883 0.0 0.0 0. 3.0 0.0 0.0 0.0 29.0 0.0 0.00 0.00 4.01 0.00 5.63 1884 0.0 0.0 0. 2.9 0.0 0.0 0.0 28.0 0.0 0.00 0.00 3.89 0.00 4.73 1885 0.0 0.0 0. 2.9 0.0 0.0 0.0 28.0 0.0 0.00 0.00 3.53 0.00 4.60 1886 0.0 0.0 0. 3.5 0.0 0.0 0.0 28.0 0.0 0.00 0.00 3.38 0.00 5.36 1887 0.0 0.0 0. 3.7 0.0 0.0 0.0 28.0 0.0 0.00 0.00 3.29 0.00 5.53 1888 0.0 0.0 0. 3.8 0.0 0.0 0.0 28.0 0.0 0.00 0.00 3.15 0.00 5.20 1889 0.0 0.0 0. 4.1 0.0 0.0 25.9 28.0 0.0 0.00 3.60 3.08 0.00 5.32 1890 0.0 0.0 0. 4.4 22577.0 4.0 25.4 28.0 0.0 0.00 3.92 3.00 0.00 5.27 1891 0.0 0.0 0. 4.5 22792.0 5.4 24.9 28.0 0.0 0.00 4.08 2.96 0.00 5.03 1892 0.0 0.0 0. 4.8 23932.0 3.0 24.0 28.0 0.0 0.00 4.43 2.86 0.00 5.55 1893 0.0 0.0 0. 4.3 22321.0 11.7 24.5 28.0 0.0 0.00 4.26 2.93 0.00 4.78 1894 0.0 0.0 0. 4.2 21102.0 18.4 23.0 26.0 0.0 0.00 4.28 2.57 0.00 4.39 1895 0.0 0.0 0. 4.9 22824.0 13.7 22.7 25.0 0.0 0.00 4.43 2.73 0.00 4.53 1896 0.0 0.0 0. 4.6 23129.0 14.4 22.1 25.0 0.0 0.00 4.35 2.63 0.00 4.23 1897 0.0 0.0 0. 4.9 23604.0 14.5 22.2 25.0 0.0 0.00 4.64 2.72 0.00 4.45 1898 0.0 0.0 0. 5.6 24746.0 12.4 22.9 25.0 0.0 0.00 5.26 2.51 0.00 5.05 1899 0.0 0.0 0. 6.1 26911.0 6.5 23.6 25.0 0.0 0.00 6.09 2.49 0.00 6.29 1900 0.0 0.0 0. 6.3 27909.0 5.0 24.7 25.0 487.0 19.48 6.60 2.49 3.30 6.15 1901 0.0 0.0 0. 7.1 28922.0 4.0 24.5 25.0 511.0 20.44 7.48 2.44 3.25 7.84 1902 0.0 0.0 0. 7.9 29800.0 3.7 25.4 26.0 537.0 20.65 8.17 2.31 3.30 8.42 1903 0.0 0.0 0. 8.1 30506.0 3.9 25.7 27.0 548.0 20.30 8.68 2.29 3.45 7.21 1904 0.0 0.0 0. 7.8 30771.0 5.4 26.0 27.0 538.0 19.93 9.24 2.14 3.60 7.05 1905 0.0 0.0 0. 9.2 31976.0 4.3 26.5 27.0 561.0 20.78 10.24 2.13 3.50 8.99 1906 0.0 0.0 0. 9.8 33749.0 1.7 27.2 28.0 577.0 20.61 11.08 2.28 3.55 9.64 1907 0.0 0.0 0. 10.0 34371.0 2.8 28.3 29.0 598.0 20.62 11.60 2.28 3.80 7.84 1908 0.0 0.0 0. 8.5 33246.0 8.0 28.1 28.0 548.0 19.57 11.44 2.06 3.95 7.78 1909 116.8 33400.0 1291. 10.0 35072.0 5.1 29.1 28.0 599.0 21.39 12.68 2.19 3.77 9.71 1910 120.1 35300.0 1300. 10.6 35762.0 5.9 29.9 29.0 651.0 22.45 13.34 2.17 3.80 9.35 1911 123.2 35800.0 1312. 10.2 36179.0 6.7 29.7 29.0 632.0 21.79 14.12 2.07 3.90 9.24 1912 130.2 39400.0 1366. 11.7 37433.0 4.6 30.9 30.0 651.0 21.70 15.13 2.12 3.90 9.53 1913 131.4 39600.0 1351. 12.5 38298.0 4.3 31.1 29.7 689.0 23.20 15.73 2.15 4.00 8.51 1914 125.6 38600.0 1267. 11.7 37559.0 7.9 31.4 30.1 696.0 23.12 16.39 1.88 4.10 8.08 1915 124.5 40000.0 1238. 13.6 37511.0 8.5 32.5 30.4 661.0 21.74 17.59 1.87 4.15 8.31 1916 134.3 48300.0 1317. 16.1 39364.0 5.1 36.5 32.7 751.0 22.97 20.85 2.09 4.05 9.47 1917 135.2 60400.0 1309. 16.2 40084.0 4.6 45.0 38.4 883.0 22.99 24.37 2.15 4.05 8.50 1918 151.8 76400.0 1471. 16.0 42712.0 1.4 52.6 45.1 1107.0 24.55 26.73 2.47 4.75 7.54 1919 146.4 84000.0 1401. 14.1 41938.0 1.4 53.8 51.8 1293.0 24.96 31.01 2.25 4.75 8.78 1920 140.0 91500.0 1315. 14.8 40799.0 5.2 61.3 60.0 1532.0 25.53 34.80 2.18 5.10 7.98 1921 127.8 69600.0 1177. 11.4 38568.0 11.7 52.2 53.6 1396.0 26.04 32.85 1.88 5.17 6.86 1922 148.0 74100.0 1345. 14.5 41134.0 6.7 49.5 50.2 1283.0 25.56 33.72 1.87 4.71 8.41 1923 165.9 85100.0 1482. 17.3 43955.0 2.4 50.7 51.1 1403.0 27.46 36.60 2.02 4.61 8.57 1924 165.5 84700.0 1450. 16.2 43607.0 5.0 50.1 51.2 1427.0 27.87 38.58 1.95 4.66 9.05 1925 179.4 93100.0 1549. 17.8 45082.0 3.2 51.0 52.5 1450.0 27.62 42.05 1.87 4.50 11.15 1926 190.0 97000.0 1618. 18.9 46464.0 1.8 51.2 53.0 1476.0 27.85 43.68 1.94 4.40 12.59 1927 189.8 94900.0 1594. 18.9 46496.0 3.3 50.0 52.0 1502.0 28.88 44.73 1.86 4.30 15.34 1928 190.9 97000.0 1584. 19.6 46774.0 4.2 50.4 51.3 1534.0 29.90 46.42 1.83 4.05 19.95 1929 203.6 103095.0 1671. 21.8 47890.0 3.2 50.6 51.3 1543.0 30.08 46.60 1.94 4.42 26.02 1930 183.5 90367.0 1490. 18.1 45740.0 8.7 49.3 50.0 1488.0 29.76 45.73 1.68 4.40 21.03 1931 169.3 75820.0 1364. 15.0 42660.0 15.9 44.8 45.6 1369.0 30.02 42.69 1.45 4.10 13.66 1932 144.2 58049.0 1154. 11.7 39190.0 23.6 40.2 40.9 1150.0 28.12 36.05 1.24 4.70 6.93 1933 141.5 55601.0 1126. 13.8 39010.0 24.9 39.3 38.8 1086.0 27.99 32.22 1.32 4.15 8.96 1934 154.3 65054.0 1220. 15.1 41150.0 21.7 42.2 40.1 1153.0 28.75 34.36 1.47 3.99 9.84 1935 169.5 72247.0 1331. 17.4 42530.0 20.1 42.6 41.1 1216.0 29.59 39.07 1.49 3.50 10.60 1936 193.0 82481.0 1506. 20.6 44710.0 16.9 42.7 41.5 1287.0 31.01 43.48 1.57 3.20 15.47 1937 203.2 90446.0 1576. 22.5 46620.0 14.3 44.5 43.0 1376.0 32.00 45.68 1.64 3.08 15.41 1938 192.9 84670.0 1484. 17.8 44560.0 19.0 43.9 42.2 1296.0 30.71 45.51 1.51 3.00 11.49 1939 209.4 90494.0 1598. 21.8 46120.0 17.2 43.2 41.6 1363.0 32.76 49.27 1.50 2.75 12.06 1940 227.2 99678.0 1720. 25.5 48060.0 14.6 43.9 42.0 1432.0 34.10 55.20 1.48 2.70 11.02 1941 263.7 124540.0 1977. 31.8 51970.0 9.9 47.2 44.1 1653.0 37.48 62.51 1.58 2.65 9.82 1942 297.8 157910.0 2208. 36.6 57720.0 4.7 53.0 48.8 2023.0 41.45 71.16 1.82 2.65 8.67 1943 337.1 191592.0 2465. 44.7 63490.0 1.9 56.8 51.8 2349.0 45.35 89.91 1.75 2.65 11.50 1944 361.3 210104.0 2611. 48.3 65370.0 1.2 58.2 52.7 2517.0 47.76 106.80 1.61 2.60 12.47 1945 355.2 211945.0 2538. 41.3 64260.0 1.9 59.7 53.9 2517.0 46.70 126.60 1.37 2.55 15.16 1946 312.6 208509.0 2211. 35.2 58700.0 3.9 66.7 58.5 2517.0 43.03 138.70 1.16 2.43 17.08 1947 309.9 231323.0 2150. 39.4 58630.0 3.9 74.6 66.9 2793.0 41.75 146.00 1.20 2.50 15.17 1948 323.7 257562.0 2208. 41.0 59803.0 3.8 79.6 72.1 3038.0 42.14 148.10 1.33 2.80 15.53 1949 324.1 256484.0 2172. 38.8 59266.0 5.9 79.1 71.4 3095.0 43.35 147.50 1.30 2.74 15.23 1950 355.3 284769.0 2342. 44.9 60570.0 5.3 80.2 72.1 3302.0 45.80 150.80 1.41 2.58 18.40 1951 383.4 328404.0 2485. 48.7 63062.0 3.3 85.6 77.8 3608.0 46.38 156.40 1.57 2.67 22.34 1952 395.1 345498.0 2517. 50.6 63846.0 3.0 87.5 79.5 3832.0 48.20 164.90 1.56 3.00 24.50 1953 412.8 364593.0 2587. 54.8 64726.0 2.9 88.3 80.1 4053.0 50.60 171.20 1.57 3.15 24.73 1954 407.0 364841.0 2506. 51.8 63460.0 5.5 89.6 80.5 4123.0 51.22 177.20 1.51 3.00 29.69 1955 438.0 397960.0 2650. 58.4 65220.0 4.4 90.9 80.2 4356.0 54.31 183.70 1.59 3.04 40.49 1956 446.1 419238.0 2652. 61.0 66659.0 4.1 94.0 81.4 4589.0 56.38 186.90 1.66 3.09 46.62 1957 452.5 441134.0 2642. 61.8 66871.0 4.3 97.5 84.3 4786.0 56.77 191.80 1.68 3.68 44.38 1958 447.3 447334.0 2569. 57.8 65672.0 6.8 100.0 86.6 4946.0 57.11 201.10 1.61 3.61 46.24 1959 475.9 483663.0 2688. 64.7 67182.0 5.5 101.6 87.3 5221.0 59.81 210.10 1.68 4.10 57.38 1960 487.7 503734.0 2699. 66.2 68292.0 5.5 103.3 88.7 5352.0 60.34 210.70 1.72 4.55 55.85 1961 497.2 520097.0 2707. 66.6 68318.0 6.7 104.6 89.6 5507.0 61.46 221.20 1.69 4.22 66.27 1962 529.8 560325.0 2841. 72.1 69530.0 5.5 105.8 90.6 5730.0 63.25 233.90 1.71 4.42 62.38 1963 551.0 590503.0 2912. 76.5 70500.0 5.7 107.2 91.7 5920.0 64.56 249.10 1.69 4.16 69.87 1964 581.1 632410.0 3029. 81.8 72044.0 5.2 108.8 92.9 6196.0 66.70 264.70 1.71 4.33 81.37 1965 617.8 684884.0 3181. 89.2 73811.0 4.5 110.9 94.5 6389.0 67.61 285.90 1.72 4.35 88.17 1966 658.1 749857.0 3349. 98.0 76018.0 3.8 113.9 97.2 6643.0 68.34 308.00 1.76 4.75 85.26 1967 675.2 793927.0 3399. 100.0 77818.0 3.8 117.6 100.0 6880.0 68.80 331.80 1.72 4.95 91.93 1968 706.6 864202.0 3522. 105.8 79455.0 3.6 122.3 104.2 7347.0 70.51 361.60 1.72 5.93 98.70 1969 724.7 929095.0 3577. 110.7 81408.0 3.5 128.2 109.8 7775.0 70.81 385.20 1.73 6.54 97.84 1970 720.0 974126.0 3516. 106.7 81815.0 4.9 135.3 116.3 8150.0 70.08 401.30 1.73 7.60 83.82 THE DATA SET WAS USED IN 'TRENDS AND RANDOM WALKS IN MACROECONOMIC TIME SERIES; SOME EVIDENCE AND IMPLICATIONS' BY CHARLES R. NELSON AND CHARLES I. PLOSSER PUBLISHED IN JOURNAL OF MONETARY ECONOMICS 10 (1982) P 139-162. NORTH HOLLAND PUBLISHING COMPANY THE SERIES ARE FOR THE UNITED STATES THE VARIABLE NAMES ARE: IN FORMAT: ID - YEAR I5 RGNP - REAL GNP F8.1 GNP - NOMINAL GNP F10.1 PCRGNP- REAL PER CAPITA GNP F8.0 IP - INDUSTRIAL PRODUCTION F7.1 EMP - EMPLOYMENT F9.1 UN - UNEMPLOYMENT RATE F6.1 PRGNP - GNP DEFLATOR F7.1 CPI - CONSUMER PRICES F7.1 WG - WAGES F8.1 RWG - REAL WAGES F8.2 M - MONEY STOCK F8.2 VEL - VELOCITY F6.2 BND - BOND YIELD F7.2 SP500 - COMMON STOCK PRICES F7.2 THE COMPLETE FORMAT OF THE DATA LISTING IS (1X, I4, F8.1, F10.1, F8.0, F7.1, F9.1, F6.1, 2F7.1, F8.1, 2F8.2, F6.2, 2F7.2 ) 1860 = #1 1909 = #50 1933 = #74 1947 = #88 1970 = #111