Hayashi Source: Lothian, J., and M. Taylor, 1996, "Real Exchange Rate Behavior: The Recent Float from the Perspective of the Past Two Centuries," Journal of Political Economy, 104,488-509.

data('lothiantaylor')

Format

A data.frame with 200 observations on 4 variables:

  • year: year

  • usd_gbp: annual average US Dollar / UK Sterling exchange rate

  • wpi_us: annual average Wholesale Price Index for the USA, with 1914 normalized to 100

  • wpi_uk: annual average Wholesale Price Index for the UK, with 1914 normalized to 100

Source

https://sites.google.com/site/fumiohayashi/hayashi-econometrics/data-for-empirical

Details

A time series data set at annual frequency of the US dollar / UK Sterling exchange rate and annual wholesale price indices.

Notes

Used in Chapter 9.6 and the Empirical Exercise of Chapter 9.

Examples

str(lothiantaylor)
#> Classes ‘tbl_df’, ‘tbl’ and 'data.frame': 200 obs. of 4 variables: #> $ year : num 1791 1792 1793 1794 1795 ... #> $ usd_gbp: num 4.58 4.49 4.54 4.78 4.57 ... #> $ wpi_us : num 85.6 93.7 102.7 108.8 131.9 ... #> $ wpi_uk : num 111 109 119 122 142 ...