Keynesian Dynamics and the Wage-Price Spiral:Estimating a Baseline Disequilibrium Approach



Linear Regression - Estimation by Least Squares

Dependent Variable DRATE

Quarterly Data From 1965:01 To 2000:04

Usable Observations 144 Degrees of Freedom 140

Centered R**2     0.107048      R Bar **2   0.087914

Uncentered R**2   0.107363      T x R**2      15.460

Mean of Dependent Variable      0.0002011574

Std Error of Dependent Variable 0.0107603680

Standard Error of Estimate      0.0102764963

Sum of Squared Residuals        0.0147848928

Regression F(3,140)                    5.5945

Significance Level of F           0.00118480

Durbin-Watson Statistic             1.689986

Variable                     Coeff       Std Error T-Stat Signif

1.

DFP

0.425074027

0.218103715

1.94895

0.05330045

2.

VC{1}

0.067787859

0.021178390

3.20080

0.00169594

3.

RATE{1}

-0.097427370

0.036990822

-2.63383

0.00939262

4.

Constant

-0.052760785

0.018009545

-2.92960

0.00396402

3SLS System Estimation of () to ()

Linear Systems


Estimation by Seemingly Unrelated Regressions

Iterations Taken 2

Quarterly Data From 1965:01 To 2000:04

Usable Observations    142

Total Observations    144      Skipped/Missing

Dependent Variable DW

Centered R**2     0.628606      R Bar **2   0.465648

Uncentered R**2   0.932844      T x R**2     132.464

Mean of Dependent Variable 0.0144055704

Std Error of Dependent Variable 0.0067920795

Standard Error of Estimate      0.0049649699

Sum of Squared Residuals        0.0024157908

Durbin-Watson Statistic             1.652995

Variable                     Coeff       Std Error T-Stat Signif

1.

DP{1}

0.210329356

0.143144866

1.46935

0.14173893

2.

DFP

0.934167371

0.182447249

5.12021

0.00000031

3.

VL{1}

0.191462660

0.031671401

6.04529

0.00000000

4.

UKBP{1}

-0.086606587

0.033212145

-2.60768

0.00911586

5.

Constant

-0.177708375

0.030236448

-5.87729

0.00000000

31



More intriguing information

1. Evaluation of the Development Potential of Russian Cities
2. Quality Enhancement for E-Learning Courses: The Role of Student Feedback
3. The name is absent
4. The name is absent
5. Impact of Ethanol Production on U.S. and Regional Gasoline Prices and On the Profitability of U.S. Oil Refinery Industry
6. Philosophical Perspectives on Trustworthiness and Open-mindedness as Professional Virtues for the Practice of Nursing: Implications for he Moral Education of Nurses
7. The name is absent
8. Social Cohesion as a Real-life Phenomenon: Exploring the Validity of the Universalist and Particularist Perspectives
9. Job quality and labour market performance
10. Gianluigi Zenti, President, Academia Barilla SpA - The Changing Consumer: Demanding but Predictable
11. AGRICULTURAL TRADE LIBERALIZATION UNDER NAFTA: REPORTING ON THE REPORT CARD
12. Linkages between research, scholarship and teaching in universities in China
13. Language discrimination by human newborns and by cotton-top tamarin monkeys
14. The name is absent
15. A Bayesian approach to analyze regional elasticities
16. THE CHANGING STRUCTURE OF AGRICULTURE
17. THE CHANGING RELATIONSHIP BETWEEN FEDERAL, STATE AND LOCAL GOVERNMENTS
18. The name is absent
19. Meat Slaughter and Processing Plants’ Traceability Levels Evidence From Iowa
20. Biological Control of Giant Reed (Arundo donax): Economic Aspects