The RATS Software Forum

Thank you for the clarification! It may be worth mentioning that even though the original data for the EMP1 is slightly imprecise (contrary to what I previously claimed, this does not relate to IJC1 and GDP1), using it (which is what I did) does not preclude one from replicating the original results...

From communication with one of the authors:
Thanks for pointing this out...the EMP1_use series should be EMP0_use lagged.

Hope this may be of help to someone.

TomDoan wrote:You would have to ask the authors about that.

Thank you! I didn't know that these are original data.

GDP1 is the previous quarter's value, while GDP0 is the current quarter's value, similarly for the others (in their frequency). Thank you, this is exactly what I first thought of! But the numbers do not look like that. As an example, consider EMP. On 31 May 1962, EMP1 (first lag) is -0.34101 , but ...

Dear Tom Doan, Thank you for posting your code! I was trying to figure out the difference between IJC1 and IJC0, EMP1 and EMP0, and GDP1 vs GDP0. I does not look like one is the lag of the other. May be one is the detrended version of the other? I would appreciate if you can give me a hint. Thank you!