700 600 500 400 300 200 100 0 1978
1980
1982
PRICE
1984
1986
CPI
1988 NYSE
1990
Dependent Variable: PRICE Method: Least Squares Date: 03/12/09 Time: 14:20 Sample: 1977 1991 Included observations: 15 Variable Coefficient C 186.1833 CPI 1.841993 R-squared 0.150220 Adjusted R-squared 0.084853 S.E. of regression 104.6939 Sum squared resid 142490.7 Log likelihood -89.97644 Durbin-Watson stat 1.076961
Std. Error t-Statistic 125.4039 1.484670 1.215080 1.515944 Mean dependent var S.D. dependent var Akaike info criterion Schwarz criterion F-statistic Prob(F-statistic)
Prob. 0.1615 0.1535 371.8193 109.4400 12.26353 12.35793 2.298085 0.153467
700 600
PRICE
500 400 300 200 100 50
60
70
80
90
100
110
120
130
140
CPI PRICE vs. CPI 700 600
P R IC E
500 400 300 200 100 50
60
70
80
90
100 110 120 130 140
CPI
Dependent Variable: NYSE Method: Least Squares Date: 03/12/09 Time: 14:21 Sample: 1977 1991 Included observations: 15 Variable Coefficient C -102.0606 CPI 2.129443 R-squared 0.868030 Adjusted R-squared 0.857879 S.E. of regression 19.84180 Sum squared resid 5118.059 Log likelihood -65.02768 Durbin-Watson stat 0.603767
Std. Error t-Statistic 23.76678 -4.294252 0.230284 9.247018 Mean dependent var S.D. dependent var Akaike info criterion Schwarz criterion F-statistic Prob(F-statistic)
Prob. 0.0009 0.0000 112.5447 52.63217 8.937024 9.031431 85.50734 0.000000
240
NY E
200 160
S
120 80 40 50
60
70
80
90
100
110
120
130
CPI NYSE vs. CPI 240 200
N Y SE
160 120 80 40 0 50
60
70
80
90
100 110 120 130 140
CPI
140
9000 8000 7000 6000 5000 4000 3000 2000 1000 0 60
65
70
75 NGDP
80
85
RGDP
90
95
Dependent Variable: NGDP Method: Least Squares Date: 03/12/09 Time: 16:07 Sample: 1 39 Included observations: 39 Variable Coefficient C -986.3317 YEAR 201.9772 R-squared 0.927732 Adjusted R-squared 0.925779 S.E. of regression 651.3667 Sum squared resid 15698308 Log likelihood -306.9959 Durbin-Watson stat 0.040102
Std. Error t-Statistic 212.6816 -4.637597 9.267489 21.79417 Mean dependent var S.D. dependent var Akaike info criterion Schwarz criterion F-statistic Prob(F-statistic)
9000 8000 7000 6000 5000 4000 3000 2000 1000 0 60
65
70
75
80
85
90
95
NGDP
NGDP vs. YEAR 10000 8000
NGDP
6000 4000 2000 0 -2000 1950
1960
1970
1980
YEAR
Dependent Variable: RGDP
1990
2000
Prob. 0.0000 0.0000 3053.213 2390.907 15.84594 15.93125 474.9858 0.000000
Method: Least Squares Date: 03/12/09 Time: 16:10 Sample: 1 39 Included observations: 39 Variable Coefficient C 1907.715 YEAR 128.7820 R-squared 0.991445 Adjusted R-squared 0.991214 S.E. of regression 138.2259 Sum squared resid 706937.3 Log likelihood -246.5387 Durbin-Watson stat 0.470276
Std. Error t-Statistic 45.13298 42.26875 1.966646 65.48306 Mean dependent var S.D. dependent var Akaike info criterion Schwarz criterion F-statistic Prob(F-statistic)
Prob. 0.0000 0.0000 4483.354 1474.662 12.74558 12.83089 4288.031 0.000000
8000 7000 6000 5000 4000 3000 2000 60
65
70
75
80
85
90
95
RGDP RGDP vs. YEAR 8000 7000
RGDP
6000 5000 4000 3000 2000 1000 1950
1960
1970
1980
YEAR
1990
2000