{"id":62,"date":"2023-04-25T06:54:00","date_gmt":"2023-04-25T10:54:00","guid":{"rendered":"https:\/\/sites.nd.edu\/nmark\/?page_id=62"},"modified":"2023-04-25T06:54:01","modified_gmt":"2023-04-25T10:54:01","slug":"chapter-3-the-monetary-model","status":"publish","type":"page","link":"https:\/\/sites.nd.edu\/nmark\/graduate-textbook\/chapter-3-the-monetary-model\/","title":{"rendered":"Chapter 3. The Monetary Model"},"content":{"rendered":"\n<ol class=\"wp-block-list\">\n<li><a href=\"https:\/\/www3.nd.edu\/~nmark\/book\/monmdl\/mmdat.zip\">The Data<\/a>.<strong>&nbsp;<\/strong>This is a zipped file that contains quarterly stock returns and the dividend yield for the US, and spot exchange rates, consumer price indices, industrial production, and money for a number of industrialized countries.<\/li>\n\n\n\n<li><a href=\"https:\/\/www3.nd.edu\/~nmark\/book\/monmdl\/MONMDL.PG4\">MONMDL.PG4<\/a>. This program does the MacDonald-Taylor test of the monetary model.<\/li>\n\n\n\n<li>This program does the panel long-horizon regression and out-of-sample forecasts (written by Donggyu Sul).<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":4499,"featured_media":0,"parent":13,"menu_order":1,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-62","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/sites.nd.edu\/nmark\/wp-json\/wp\/v2\/pages\/62","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sites.nd.edu\/nmark\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/sites.nd.edu\/nmark\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/sites.nd.edu\/nmark\/wp-json\/wp\/v2\/users\/4499"}],"replies":[{"embeddable":true,"href":"https:\/\/sites.nd.edu\/nmark\/wp-json\/wp\/v2\/comments?post=62"}],"version-history":[{"count":1,"href":"https:\/\/sites.nd.edu\/nmark\/wp-json\/wp\/v2\/pages\/62\/revisions"}],"predecessor-version":[{"id":63,"href":"https:\/\/sites.nd.edu\/nmark\/wp-json\/wp\/v2\/pages\/62\/revisions\/63"}],"up":[{"embeddable":true,"href":"https:\/\/sites.nd.edu\/nmark\/wp-json\/wp\/v2\/pages\/13"}],"wp:attachment":[{"href":"https:\/\/sites.nd.edu\/nmark\/wp-json\/wp\/v2\/media?parent=62"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}