Economics 462

Final Project Data

All the data for this project can be found on FRED (Federal Reserve Economic Data) at the Federal Reserve of St. Louis. 

http://research.stlouisfed.org/fred2/

Remember, you will need to predict the values of some variables for second quarter 2005. You can use whatever method you want for the predicted values. Use the most current value for each of the statistics.  For each variable, you will need approximately a years worth of data for the lagged values in the forecasting equations. 

The Variables ( Series ID)

• 1 Year Treasury Constant Maturity Rate (GS1)
• Consumer Price Index For All Urban Consumers: All Items 1982-84=100, Seasonally Adjusted (CPIAUCSL)
• Real Gross Domestic Product (Billions of Chained 2000 Dollars-3 decimal places, Seasonally Adjusted Annual Rate) (GDPC96)
• Effective Federal Funds Rate-Monthly. (FEDFUNDS)
• Real Personal Consumption Expenditures Billions of Chained 2000 Dollars, Seasonally Adjusted Annual Rate. Quarterly.(PCECC96)
• M2 Money Stock Seasonally Adjusted Billions of Dollars (M2SL)
• M2 Own Rate Weighted average of the rates received on the assets included in M2 Percent (M2OWN)
• M1 Money Stock (M1SL)
• Board of Governors Monetary Base – Adjusted for Changes in Reserve Requirements, Seasonally Adjusted (BOGAMBSL)
• Board of Governors Total Reserves – Adjusted for Changes in Reserve Requirements (TRARR)
• Total Borrowing of Depository Institutions at the Federal Reserve (BORROW)
• Excess Reserves of Depository Institutions (EXCRESNS)
• Civilian Unemployment Rate (UNRATE)