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. Mergers under endogenous minimum quality standard: a note
2. Clinical Teaching and OSCE in Pediatrics
3. Public infrastructure capital, scale economies and returns to variety
4. The name is absent
5. Nurses' retention and hospital characteristics in New South Wales, CHERE Discussion Paper No 52
6. Parent child interaction in Nigerian families: conversation analysis, context and culture
7. An Incentive System for Salmonella Control in the Pork Supply Chain
8. Sex differences in the structure and stability of children’s playground social networks and their overlap with friendship relations
9. Moffett and rhetoric
10. The name is absent