inflation.def

YEAR  MONTH  WAGE  PCWAGE  CPI  INFLN

    Obs:  270   Monthly   December 1983 to May 2006

   1. YEAR

   2. MONTH

   3. WAGE = Average Hourly Earnings in Total Private Industries ($/hour) Seasonally adjusted.

   4. PCWAGE = [ln(WAGE(t))-ln(WAGE(t-1))]*100 = approximate percentage change in wage.

   5. CPI = Consumer Price Index for all Urban Consumers: All Items.   Seasonally adjusted.

   6. INFLN = approximate inflation rate = [ln(CPI(t))-ln(CPI(t-1))]*100


  Note:  The first observation in inflation.dat is not available for PCWAGE and INFLN.
	 Users may therefore wish to delete the first observation.

  Data Source: Federal Reserve Bank of St Louis



    Variable |       Obs        Mean    Std. Dev.       Min        Max
-------------+--------------------------------------------------------
        YEAR |       270     1994.67    6.513259       1983       2006
       MONTH |       270    6.455556    3.474264          1         12
        WAGE |       270    11.95811    2.451744       8.32      16.62
      PCWAGE |       269    .2572285    .1602396  -.2259888   .6564575
         CPI |       270    149.5689    28.31039      101.4      201.9
-------------+--------------------------------------------------------
       INFLN |       269    .2560221    .2111702  -.6550792    1.21582