************************************************************************** env batch cal 54 1 4 all 0 93:4 ************************************************************************** open data c:\usr\dahl\ra_minw\dahlallq.rat data(format=rats) / emp2 ur2 upr2 lfp2 pall p1617 p1619 p2024 afp1619 $ kaitz kaitzw enr1619 enr1619b empm2554 rwage union $ minr cpi le6hm coverw coveru close data ************************************************************************** ** emp = teenage emp-pop rate ** empm2554 = emp-pop rate for men age 25-54 ** upr = unemployment rate ** pall = total population ** p1619 = teen population; p1617= pop of 16+17 year olds ** p2024 = population of 20-24 year olds ** afp1619 = number of 16-19 year olds in armed forces ** minr = real minimum wage (note error in 1990-I that is fixed below) ** cpi = cpi index ** le6hm = hourly wage in manufacturing (nominal) ** kaitzw= allison wellington Kaitz index ** kaitz = card/krueger Kaitz index for later years ** enr1619 = enrollment 16-19 year olds (later years) ** enr1619b = enrollment earlier years ** coverw = wellington coverage estimate ** coveru = update of coverage series ******create base variables set empam = .001*empm2554 set pop = p1619/pall set popa = p2024/pall set sy = p1617/p1619 set afp = afp1619/p1619 set emp = .001*emp2 set upr = .001*upr2 set lwmanr = log(le6hm/cpi) set wmanr = le6hm/(cpi*.01) ******combine AW's variables with ours set enp 54:1 79:4 = enr1619b set enp 80:1 93:4 = enr1619 set yk 54:1 86:4 = kaitzw set yk 87:1 93:4 = kaitz set cover 54:1 86:4 = coverw set cover 87:1 93:4 = coveru ******create other variables set trend = t set trendsq = t**2 seasonal seasons **take logs for basic models set lyk = log(yk) set lemp = log(emp) set lempam = log(empam) set lupr = log(upr) set lpop = log(pop) set lpopa = log(popa) set lminr = log(minr) ** interactions of trend and seasonals set tq2 = trend*seasons{-2} set tq3 = trend*seasons{-1} set tq4 = trend*seasons set t2q2 = trendsq*seasons{-2} set t2q3 = trendsq*seasons{-1} set t2q4 = trendsq*seasons ***fix ups for error in minimum wage 1990-I ***you must use yk2 as Kaitz index, lyk2 as log(Kaitz), minr2 as real min, ***and minchk2 as nominal minimum wage set yk2 = yk set yk2 90:01 90:01 = yk*3.35/3.25 set minr2 = minr set minr2 90:01 90:01 = minr*3.35/3.25 set minchk = minr*cpi/144.4583 set minchk2 = minr2*cpi/144.4583 set lyk2 = log(yk2) set lminr2 = log(minr2) set lmin = log(minchk2) table 54:1 72:4 emp yk2 cover upr sy afp pop empam Series Obs Mean Std Error Minimum Maximum EMP 76 0.41256578947 0.05170127929 0.31500000000 0.53200000000 YK2 76 0.27177643564 0.07846758763 0.17100007224 0.40100009290 COVER 76 0.53655272377 0.13568018583 0.36700023155 0.75300009878 UPR 76 0.03325000000 0.01259536952 0.01400000000 0.06800000000 SY 76 0.53254127274 0.01667831579 0.50503130863 0.58080976151 AFP 76 0.04240964632 0.01273568593 0.02124020266 0.06850056021 POP 76 0.09279482353 0.01206999444 0.07515990483 0.10765565853 EMPAM 76 0.93435526316 0.01216848821 0.90200000000 0.95200000000 table 54:1 79:4 emp yk2 cover upr sy afp pop empam Series Obs Mean Std Error Minimum Maximum EMP 104 0.42542307692 0.05407414764 0.31500000000 0.54900000000 YK2 104 0.30726934272 0.09133083829 0.17100007224 0.46600010944 COVER 104 0.60562510670 0.16369583559 0.36700023155 0.84200015555 UPR 104 0.03486538462 0.01268823910 0.01400000000 0.06800000000 SY 104 0.52677462182 0.01736205667 0.50190334990 0.58080976151 AFP 104 0.03683560876 0.01430473816 0.01731419764 0.06850056021 POP 104 0.09620275611 0.01181067760 0.07515990483 0.10789108645 EMPAM 104 0.92713461538 0.01726776991 0.88200000000 0.95200000000 table 54:1 86:4 emp yk2 cover upr sy afp pop empam Series Obs Mean Std Error Minimum Maximum EMP 132 0.42821212121 0.05203141011 0.31500000000 0.54900000000 YK2 132 0.33190138817 0.09474233459 0.17100007224 0.46934498746 COVER 132 0.65628035720 0.17514189939 0.36700023155 0.85287353634 UPR 132 0.04078030303 0.01726193111 0.01400000000 0.10200000000 SY 132 0.52010719588 0.02045998538 0.48262632906 0.58080976151 AFP 132 0.03252627772 0.01520440979 0.01334314898 0.06850056021 POP 132 0.09453329836 0.01137834124 0.07515990483 0.10789108645 EMPAM 132 0.91733333333 0.02520743458 0.84100000000 0.95200000000 table 54:1 93:4 emp yk2 cover upr sy afp pop empam Series Obs Mean Std Error Minimum Maximum EMP 160 0.43077500000 0.05125923141 0.31500000000 0.54900000000 YK2 160 0.34517208755 0.09157891577 0.17100007224 0.46934498746 COVER 160 0.69352100379 0.17850886574 0.36700023155 0.87953665963 UPR 160 0.04276250000 0.01687075826 0.01400000000 0.10200000000 SY 160 0.51610470257 0.02111891480 0.47709505196 0.58080976151 AFP 160 0.02891530461 0.01591227150 0.00712136409 0.06850056021 POP 160 0.09088813957 0.01315681724 0.06826028849 0.10789108645 EMPAM 160 0.91159375000 0.02663409100 0.84100000000 0.95200000000 print / minchk2 minr2 cover yk2 ENTRY MINCHK2 MINR2 COVER YK2 54:01 0.7500000000000 4.0276486678770 0.4270000707768 0.1900001532962 54:02 0.7500000000000 4.0326453014120 0.4200000872360 0.1860001497801 54:03 0.7500000000000 4.0326453014120 0.4350000730337 0.1910001052287 54:04 0.7500000000000 4.0477106208825 0.4180000444992 0.1820001623268 55:01 0.7500000000000 4.0578178716649 0.4340000368387 0.1880000030366 55:02 0.7500000000000 4.0578178716649 0.4190000959762 0.1800000770566 55:03 0.7500000000000 4.0376543478261 0.4300000818267 0.1810000267367 55:04 0.7500000000000 4.0326453014120 0.4240000355101 0.1760001555742 56:01 1.0000000000000 5.3902344712424 0.4240000355101 0.1960000038713 56:02 1.0000000000000 5.3437108272922 0.4090001034522 0.2230001800775 56:03 1.0000000000000 5.2786229903484 0.4180000444992 0.2230001800775 56:04 1.0000000000000 5.2466691104114 0.4190000959762 0.2190002297674 57:01 1.0000000000000 5.2151007064909 0.4170000655455 0.2190002297674 57:02 1.0000000000000 5.1592250000000 0.4060000971885 0.2100001571356 57:03 1.0000000000000 5.1045330277880 0.4030000713453 0.2070001005434 57:04 1.0000000000000 5.0925375538524 0.3950000569120 0.2010002152557 58:01 1.0000000000000 5.0392421443182 0.3900000662448 0.1990001898974 58:02 1.0000000000000 4.9985581311885 0.3730000258632 0.1890000498814 58:03 1.0000000000000 4.9927990773455 0.3730000258632 0.1880000030366 58:04 1.0000000000000 4.9927990773455 0.3670002315505 0.1830000413838 59:01 1.0000000000000 4.9927990773455 0.3830000382240 0.1880000030366 59:02 1.0000000000000 4.9756012645969 0.3680000407793 0.1780000941069 59:03 1.0000000000000 4.9415611724593 0.3910000347977 0.1870000864179 59:04 1.0000000000000 4.9135486218126 0.3750000723794 0.1780000941069 60:01 1.0000000000000 4.9191253606371 0.3990000487148 0.1880000030366 60:02 1.0000000000000 4.8913642285758 0.3820000383435 0.1780000941069 60:03 1.0000000000000 4.8803469837135 0.3900000662448 0.1810000267367 60:04 1.0000000000000 4.8475934717188 0.3830000382240 0.1760001555742 61:01 1.0000000000000 4.8475934717188 0.3830000382240 0.1770000082143 61:02 1.0000000000000 4.8475934717188 0.3740000267663 0.1710000722440 61:03 1.1500000000000 5.5437282342866 0.4380000256693 0.2120001281138 61:04 1.1500000000000 5.5375681666667 0.5380000693054 0.2870000468449 62:01 1.1500000000000 5.5252890099394 0.5390001175414 0.2850002561335 62:02 1.1500000000000 5.5008960762480 0.5380000693054 0.2800000772276 62:03 1.1500000000000 5.4767157692308 0.5390001175414 0.2770001586642 62:04 1.1500000000000 5.4647065061921 0.5360001007205 0.2760002520613 63:01 1.1500000000000 5.4587207065131 0.5360001007205 0.2739999924908 63:02 1.1500000000000 5.4408417287658 0.5290001254385 0.2670001389954 63:03 1.1500000000000 5.4113049261861 0.5340000587517 0.2710002596459 63:04 1.2500000000000 5.8564175675676 0.5280000608657 0.2770001586642 64:01 1.2500000000000 5.8437834971748 0.5310000837601 0.2770001586642 64:02 1.2500000000000 5.8374859380370 0.5220000788739 0.2690000805333 64:03 1.2500000000000 5.8124308503308 0.5240000600824 0.2700001403957 64:04 1.2500000000000 5.7937820855615 0.5140000737729 0.2760002520613 65:01 1.2500000000000 5.7814156066622 0.5130000789052 0.2730002412767 65:02 1.2500000000000 5.7385451210940 0.5160000946863 0.2700001403957 65:03 1.2500000000000 5.7143304023423 0.5320000902487 0.2730002412767 65:04 1.2500000000000 5.6903218704933 0.5160000946863 0.2710002596459 66:01 1.2500000000000 5.6487859662245 0.5220000788739 0.2700001403957 66:02 1.2500000000000 5.5847280927835 0.5260000821846 0.2680001603904 66:03 1.2500000000000 5.5333877242117 0.5440000446767 0.2700001403957 66:04 1.2500000000000 5.4885382349918 0.5260000821846 0.2640002576208 67:01 1.4000000000000 6.1409406244057 0.6280000894988 0.3280001215562 67:02 1.4000000000000 6.0916146932762 0.6890001639603 0.3600003411117 67:03 1.4000000000000 6.0370632835821 0.7010001766153 0.3570002489014 67:04 1.4000000000000 5.9834802357089 0.6850001306432 0.3530002548833 68:01 1.6000000000000 6.7582826457145 0.6780001295263 0.3740000267663 68:02 1.6000000000000 6.6930492300912 0.6840000966900 0.3840000216555 68:03 1.6000000000000 6.6038080000000 0.6970001033105 0.3820000383435 68:04 1.6000000000000 6.5291888850053 0.6770001056593 0.3720000612717 69:01 1.6000000000000 6.4502301697353 0.7150001975460 0.3940000077556 69:02 1.6000000000000 6.3440056813173 0.7400001426601 0.4010000929019 69:03 1.6000000000000 6.2524777612958 0.7530000987802 0.3970000191731 69:04 1.6000000000000 6.1635541333333 0.7320001281153 0.3880000269112 70:01 1.6000000000000 6.0824547368421 0.7310001456389 0.3920000388831 70:02 1.6000000000000 5.9827418995282 0.7310001456389 0.3900000662448 70:03 1.6000000000000 5.9163810388152 0.7410001583414 0.3830000382240 70:04 1.6000000000000 5.8366988425076 0.7270001609932 0.3790000886480 71:01 1.6000000000000 5.7928141802710 0.7300001787330 0.3820000383435 71:02 1.6000000000000 5.7305764796806 0.7350001541805 0.3800000707795 71:03 1.6000000000000 5.6696633114555 0.7400001426601 0.3730000258632 71:04 1.6000000000000 5.6419843275175 0.7310001456389 0.3690000977635 72:01 1.6000000000000 5.6009678771979 0.7330001298110 0.3640001497298 72:02 1.6000000000000 5.5560883279786 0.7380001065537 0.3580002121442 72:03 1.6000000000000 5.5031733333333 0.7490001688732 0.3550002092749 72:04 1.6000000000000 5.4512567323410 0.7430001294784 0.3500000785745 73:01 1.6000000000000 5.3835390050418 0.7560001155188 0.3520001771912 73:02 1.6000000000000 5.2649951085420 0.7590001378242 0.3450003318732 73:03 1.6000000000000 5.1515587599602 0.7690001764674 0.3400002928666 73:04 1.6000000000000 5.0355835519735 0.7610001606627 0.3360000735904 74:01 1.6000000000000 4.8968913179283 0.7570000950373 0.3300003050923 74:02 2.0000000000000 5.9529516777630 0.7580000934915 0.3720000612717 74:03 2.0000000000000 5.7783320000000 0.7650001951941 0.3860000538537 74:04 2.0000000000000 5.6100310679612 0.7580000934915 0.3810000586189 75:01 2.1000000000000 5.7856787834899 0.7530000987802 0.3980000253517 75:02 2.1000000000000 5.6987307895817 0.7560001155188 0.3920000388831 75:03 2.1000000000000 5.5799341294935 0.7600001943334 0.3840000216555 75:04 2.1000000000000 5.4923796407794 0.7540000685945 0.3820000383435 76:01 2.3000000000000 5.9579333659665 0.7790001815938 0.4270000707768 76:02 2.3000000000000 5.8840744807753 0.7820001629976 0.4210000780112 76:03 2.3000000000000 5.7917619712343 0.7870001263645 0.4110000758237 76:04 2.3000000000000 5.7252287278981 0.7850001814918 0.4060000971885 77:01 2.3000000000000 5.6282452638652 0.8160001746387 0.4220000653873 77:02 2.3000000000000 5.5069738674033 0.8180001573664 0.4150000866319 77:03 2.3000000000000 5.4289886648197 0.8220001511872 0.4060000971885 77:04 2.3000000000000 5.3704861949196 0.8210001802339 0.4030000713453 78:01 2.6500000000000 6.0828578283596 0.8320001565499 0.4570000311162 78:02 2.6500000000000 5.9320430701880 0.8340001389639 0.4480000163821 78:03 2.6500000000000 5.7943668132346 0.8370001661384 0.4360000722160 78:04 2.6500000000000 5.6797403661683 0.8330001639472 0.4320000651188 79:01 2.9000000000000 6.0655749865497 0.8370001661384 0.4660001094431 79:02 2.9000000000000 5.8618803975890 0.8380001412031 0.4590000591750 79:03 2.9000000000000 5.6739825051479 0.8420001555509 0.4480000163821 79:04 2.9000000000000 5.5170644258331 0.8380001412031 0.4460000432451 80:01 3.1000000000000 5.6734044467052 0.8499310078732 0.4675830962776 80:02 3.1000000000000 5.4723510794297 0.8506768944513 0.4605824936616 80:03 3.1000000000000 5.3738487600000 0.8528735363369 0.4460244088930 80:04 3.1000000000000 5.2356280537265 0.8505608700360 0.4427883891160 81:01 3.3500000000000 5.5117917542549 0.8442133769900 0.4693449874622 81:02 3.3500000000000 5.3870346352300 0.8469931260555 0.4628887197018 81:03 3.3500000000000 5.2392850363201 0.8481396289195 0.4517170006464 81:04 3.3500000000000 5.1647312752849 0.8449599070743 0.4550669172345 82:01 3.3500000000000 5.1228153454293 0.8422528608716 0.4461183069135 82:02 3.3500000000000 5.0462493226929 0.8433139250232 0.4416382813221 82:03 3.3500000000000 4.9532786065490 0.8419781627941 0.4331356156072 82:04 3.3500000000000 4.9414768556010 0.8419501253881 0.4328662890235 83:01 3.3500000000000 4.9448431863201 0.8401202018011 0.4223976120064 83:02 3.3500000000000 4.8833027256983 0.8424631134241 0.4203227964171 83:03 3.3500000000000 4.8264826227320 0.8410831950014 0.4128345795638 83:04 3.3500000000000 4.7835450247117 0.8438032733529 0.4150379986214 84:01 3.3500000000000 4.7305504834907 0.8436002787065 0.4097172054790 84:02 3.3500000000000 4.6802254321105 0.8452551876483 0.4065934854207 84:03 3.3500000000000 4.6294830587471 0.8462356602085 0.4006101977034 84:04 3.3500000000000 4.5957767446597 0.8445967368792 0.4049736806648 85:01 3.3500000000000 4.5668636124605 0.8449222227028 0.3999852130230 85:02 3.3500000000000 4.5115161636590 0.8429183349423 0.3989529056543 85:03 3.3500000000000 4.4794998090805 0.8444421053737 0.3912302960224 85:04 3.3500000000000 4.4397734403670 0.8426019627861 0.3973789180379 86:01 3.3500000000000 4.4302894776824 0.8401084402006 0.3928606146991 86:02 3.3500000000000 4.4397734403670 0.8417185367651 0.3918030064777 86:03 3.3500000000000 4.4074254445797 0.8421688924473 0.3890903889563 86:04 3.3500000000000 4.3834720052851 0.8401144890031 0.3914281912167 87:01 3.3500000000000 4.3350429262007 0.8542394812809 0.3967000000000 87:02 3.3500000000000 4.2788267084100 0.8542394812809 0.3947000000000 87:03 3.3500000000000 4.2302037520123 0.8542394812809 0.3916000000000 87:04 3.3500000000000 4.1947586037354 0.8542394812809 0.3868000000000 88:01 3.3500000000000 4.1694598722240 0.8608628191130 0.3856000000000 88:02 3.3500000000000 4.1174302050352 0.8608628191130 0.3809000000000 88:03 3.3500000000000 4.0632686896451 0.8608628191130 0.3781000000000 88:04 3.3500000000000 4.0216230332410 0.8608628191130 0.3707000000000 89:01 3.3500000000000 3.9775502885938 0.8638565578529 0.3731000000000 89:02 3.3500000000000 3.9132233323495 0.8638565578529 0.3713000000000 89:03 3.3500000000000 3.8818339973262 0.8638565578529 0.3707000000000 89:04 3.3500000000000 3.8448249256649 0.8638565578529 0.3655000000000 90:01 3.3500000000000 3.7797603463104 0.8795366596314 0.3668507692308 90:02 3.8000000000000 4.2443935146028 0.8795366596314 0.4151000000000 90:03 3.8000000000000 4.1723451545909 0.8795366596314 0.4115000000000 90:04 3.8000000000000 4.1057706192106 0.8795366596314 0.4011000000000 91:01 3.8000000000000 4.0722665265816 0.8745068619872 0.4001000000000 91:02 4.2500000000000 4.5276384253124 0.8745068619872 0.4506000000000 91:03 4.2500000000000 4.4923007926829 0.8745068619872 0.4488000000000 91:04 4.2500000000000 4.4585896033099 0.8745068619872 0.4415000000000 92:01 4.2500000000000 4.4275078331427 0.8751899407678 0.4423000000000 92:02 4.2500000000000 4.3916150485210 0.8751899407678 0.4413000000000 92:03 4.2500000000000 4.3573298747859 0.8751899407678 0.4436000000000 92:04 4.2500000000000 4.3266228282355 0.8751899407678 0.4422000000000 93:01 4.2500000000000 4.2903406656740 0.8753960434969 0.4403000000000 93:02 4.2500000000000 4.2576129526549 0.8753960434969 0.4372000000000 93:03 4.2500000000000 4.2409470694846 0.8753960434969 0.4367000000000 93:04 4.2500000000000 4.2118529896283 0.8753960434969 0.4317000000000 print / emp empam upr sy afp ENTRY EMP EMPAM UPR SY 54:01 0.3920000000000 0.9230000000000 0.0500000000000 0.5293126130571 54:02 0.4190000000000 0.9300000000000 0.0470000000000 0.5255149528550 54:03 0.4820000000000 0.9330000000000 0.0430000000000 0.5262669838326 54:04 0.3960000000000 0.9360000000000 0.0370000000000 0.5276493062538 55:01 0.3600000000000 0.9270000000000 0.0470000000000 0.5286348901429 55:02 0.4180000000000 0.9430000000000 0.0330000000000 0.5293719922046 55:03 0.5120000000000 0.9520000000000 0.0230000000000 0.5322927450824 55:04 0.4510000000000 0.9500000000000 0.0250000000000 0.5327894946279 56:01 0.3940000000000 0.9350000000000 0.0380000000000 0.5319022299817 56:02 0.4490000000000 0.9470000000000 0.0280000000000 0.5317620918145 56:03 0.5320000000000 0.9490000000000 0.0250000000000 0.5306951787264 56:04 0.4350000000000 0.9460000000000 0.0260000000000 0.5311444505538 57:01 0.3880000000000 0.9340000000000 0.0360000000000 0.5314149431130 57:02 0.4370000000000 0.9470000000000 0.0280000000000 0.5303583922880 57:03 0.5100000000000 0.9480000000000 0.0260000000000 0.5332457597651 57:04 0.4190000000000 0.9350000000000 0.0350000000000 0.5353458158196 58:01 0.3530000000000 0.9030000000000 0.0660000000000 0.5373709878644 58:02 0.3970000000000 0.9130000000000 0.0610000000000 0.5402143767334 58:03 0.4580000000000 0.9230000000000 0.0530000000000 0.5431738407537 58:04 0.3860000000000 0.9280000000000 0.0450000000000 0.5476879658441 59:01 0.3520000000000 0.9120000000000 0.0580000000000 0.5513553842328 59:02 0.3980000000000 0.9370000000000 0.0360000000000 0.5553499738174 59:03 0.4650000000000 0.9380000000000 0.0350000000000 0.5576024195766 59:04 0.3800000000000 0.9330000000000 0.0380000000000 0.5550177695041 60:01 0.3460000000000 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0.3700000000000 0.8570000000000 0.0770000000000 0.5011147142278 92:02 0.4060000000000 0.8710000000000 0.0650000000000 0.5031307830760 92:03 0.4700000000000 0.8760000000000 0.0630000000000 0.5031955363936 92:04 0.3950000000000 0.8710000000000 0.0610000000000 0.5037510419561 93:01 0.3720000000000 0.8570000000000 0.0730000000000 0.5052810212507 93:02 0.4160000000000 0.8720000000000 0.0590000000000 0.5070358601906 93:03 0.4790000000000 0.8780000000000 0.0540000000000 0.5060431293882 93:04 0.4010000000000 0.8770000000000 0.0520000000000 0.5072550635599 ENTRY AFP 54:01 0.0586252261141 54:02 0.0489255797013 54:03 0.0513244365601 54:04 0.0533279710436 55:01 0.0526673870413 55:02 0.0499940341248 55:03 0.0543521541770 55:04 0.0575805809789 56:01 0.0582493452901 56:02 0.0620561044320 56:03 0.0616665351535 56:04 0.0635456759092 57:01 0.0655667201001 57:02 0.0666252040737 57:03 0.0685005602133 57:04 0.0655330531143 58:01 0.0627197459453 58:02 0.0621392699198 58:03 0.0578607057085 58:04 0.0527534553875 59:01 0.0502717874019 59:02 0.0483504974690 59:03 0.0467761891669 59:04 0.0426129632764 60:01 0.0412326533329 60:02 0.0396016826607 60:03 0.0390518306562 60:04 0.0391360412637 61:01 0.0396457460754 61:02 0.0406375007937 61:03 0.0409991169421 61:04 0.0469021241675 62:01 0.0451894129453 62:02 0.0455781882591 62:03 0.0459355081792 62:04 0.0471689399304 63:01 0.0456819140601 63:02 0.0449590878209 63:03 0.0433697166744 63:04 0.0436212814645 64:01 0.0428221515245 64:02 0.0423738214088 64:03 0.0416837389713 64:04 0.0408470790840 65:01 0.0399247103735 65:02 0.0390071848465 65:03 0.0306041841857 65:04 0.0271739130435 66:01 0.0289442408636 66:02 0.0316282032437 66:03 0.0341592963477 66:04 0.0362595419847 67:01 0.0392287070513 67:02 0.0395168248490 67:03 0.0467807215752 67:04 0.0499565487275 68:01 0.0486466444197 68:02 0.0402581212877 68:03 0.0333236602825 68:04 0.0314922829505 69:01 0.0279264492495 69:02 0.0280953395347 69:03 0.0316416780968 69:04 0.0319898534386 70:01 0.0306545539250 70:02 0.0278789835355 70:03 0.0262719027711 70:04 0.0250011322977 71:01 0.0230627720196 71:02 0.0220496618014 71:03 0.0227529021559 71:04 0.0221148567036 72:01 0.0212402026588 72:02 0.0214750355404 72:03 0.0216818425281 72:04 0.0239284494536 73:01 0.0251624410753 73:02 0.0244175013179 73:03 0.0239917790407 73:04 0.0238254332846 74:01 0.0239097526077 74:02 0.0233796248530 74:03 0.0233437448627 74:04 0.0235296526868 75:01 0.0247344771242 75:02 0.0241351241351 75:03 0.0231116692661 75:04 0.0223603487246 76:01 0.0228677255068 76:02 0.0220402264242 76:03 0.0216529124269 76:04 0.0216655653671 77:01 0.0214978502150 77:02 0.0208716146041 77:03 0.0205979801206 77:04 0.0205071884984 78:01 0.0203401333387 78:02 0.0197644240367 78:03 0.0189244220865 78:04 0.0187397610581 79:01 0.0191308172077 79:02 0.0181825455564 79:03 0.0173141976421 79:04 0.0177712774483 80:01 0.0185564114909 80:02 0.0183312898233 80:03 0.0184901399363 80:04 0.0188136074281 81:01 0.0194904380766 81:02 0.0187407832214 81:03 0.0184486632449 81:04 0.0192415584416 82:01 0.0191542809295 82:02 0.0177145866245 82:03 0.0170606459279 82:04 0.0164372435021 83:01 0.0170141281875 83:02 0.0164660902811 83:03 0.0162665789762 83:04 0.0154598133322 84:01 0.0159626719057 84:02 0.0162403572879 84:03 0.0160828025478 84:04 0.0155957008918 85:01 0.0149799050055 85:02 0.0146149780546 85:03 0.0137488754066 85:04 0.0135686148034 86:01 0.0152506450424 86:02 0.0134911133622 86:03 0.0133431489832 86:04 0.0140002749645 87:01 0.0147092517069 87:02 0.0132943487597 87:03 0.0130937741950 87:04 0.0135205881683 88:01 0.0141874757259 88:02 0.0128081972462 88:03 0.0125974115538 88:04 0.0127376776814 89:01 0.0146403712297 89:02 0.0141359296012 89:03 0.0129109637364 89:04 0.0130112843320 90:01 0.0129897988369 90:02 0.0140756808870 90:03 0.0131646061548 90:04 0.0126365702833 91:01 0.0132525371958 91:02 0.0128163731651 91:03 0.0112182296231 91:04 0.0110526448299 92:01 0.0106151195784 92:02 0.0107232489163 92:03 0.0095612477809 92:04 0.0085124655839 93:01 0.0082318077050 93:02 0.0079437131185 93:03 0.0071213640923 93:04 0.0074173971679 diff emp / demp diff lemp / dlemp diff sy / dsy diff afp / dafp diff lpop / dlpop diff trend / dtrend diff trendsq / dtrendsq diff seasons / dseasons diff tq2 / dtq2 diff tq3 / dtq3 diff tq4 / dtq4 diff t2q2 / dt2q2 diff t2q3 / dt2q3 diff t2q4 / dt2q4 diff yk2 / dyk2 diff lyk2 / dlyk2 diff lupr / dlupr diff upr / dupr diff empam / dempam diff lempam / dlempam diff lminr2 / dlminr2 diff lmin / dlmin *************************************************************************** *******Wellington's basic spec. log version ***ar(1) version 1954-79 ar1(method=maxl) lemp 54:1 79:4 #constant lyk2 lupr sy afp lpop trend trendsq seasons{-2 to 0} $ tq2 tq3 tq4 t2q2 t2q3 t2q4 Dependent Variable LEMP - Estimation by Beach-MacKinnon Quarterly Data From 54:01 To 79:04 Usable Observations 104 Degrees of Freedom 86 Centered R**2 0.979029 R Bar **2 0.974884 Uncentered R**2 0.999557 T x R**2 103.954 Mean of Dependent Variable -0.862675985 Std Error of Dependent Variable 0.127299412 Standard Error of Estimate 0.020174471 Sum of Squared Residuals 0.0350027987 Durbin-Watson Statistic 1.969888 Q(26-1) 25.917807 Significance Level of Q 0.41199525 Variable Coeff Std Error T-Stat Signif ******************************************************************************* 1. Constant -1.256602027 0.693197641 -1.81276 0.07335782 2. LYK2 -0.085613282 0.039991969 -2.14076 0.03512365 3. LUPR -0.101825370 0.017412779 -5.84774 0.00000009 4. SY -1.138797697 0.384246994 -2.96371 0.00393119 5. AFP 0.924544294 0.968918707 0.95420 0.34265575 6. LPOP -0.152962709 0.261232965 -0.58554 0.55971717 7. TREND -0.003179076 0.002614567 -1.21591 0.22734669 8. TRENDSQ 0.000058759 0.000018081 3.24980 0.00164904 9. SEASONS{-2} 0.100375112 0.012707991 7.89858 0.00000000 10. SEASONS{-1} 0.240111751 0.015784358 15.21201 0.00000000 11. SEASONS 0.085899368 0.014579489 5.89180 0.00000007 12. TQ2 0.000448235 0.000537081 0.83458 0.40626827 13. TQ3 0.001846018 0.000622698 2.96455 0.00392151 14. TQ4 -0.000670653 0.000569904 -1.17678 0.24252928 15. T2Q2 -0.000006559 0.000005026 -1.30507 0.19534906 16. T2Q3 -0.000026036 0.000005774 -4.50950 0.00002042 17. T2Q4 0.000000567 0.000005287 0.10725 0.91483938 ******************************************************************************* 18. RHO 0.724254820 0.080501130 8.99683 0.00000000 ***ar(1) version 1954-86 ar1(method=maxl) lemp 54:1 86:4 #constant lyk2 lupr sy afp lpop trend trendsq seasons{-2 to 0} $ tq2 tq3 tq4 t2q2 t2q3 t2q4 Dependent Variable LEMP - Estimation by Beach-MacKinnon Quarterly Data From 54:01 To 86:04 Usable Observations 132 Degrees of Freedom 114 Centered R**2 0.967526 R Bar **2 0.962683 Uncentered R**2 0.999358 T x R**2 131.915 Mean of Dependent Variable -0.855490456 Std Error of Dependent Variable 0.121985307 Standard Error of Estimate 0.023564613 Sum of Squared Residuals 0.0633031742 Durbin-Watson Statistic 2.143567 Q(33-1) 75.994103 Significance Level of Q 0.00001928 Variable Coeff Std Error T-Stat Signif ******************************************************************************* 1. Constant -0.078445363 1.006769038 -0.07792 0.93802993 2. LYK2 -0.063654558 0.045994013 -1.38397 0.16906972 3. LUPR -0.096959403 0.020414239 -4.74960 0.00000598 4. SY -1.168914284 0.506593922 -2.30740 0.02283754 5. AFP 1.521339353 1.186292239 1.28243 0.20229264 6. LPOP 0.296060331 0.376070769 0.78725 0.43277134 7. TREND -0.003439335 0.004234427 -0.81223 0.41835169 8. TRENDSQ 0.000037611 0.000030130 1.24831 0.21447649 9. SEASONS{-2} 0.114277813 0.012513781 9.13216 0.00000000 10. SEASONS{-1} 0.277353351 0.015615604 17.76130 0.00000000 11. SEASONS 0.092514304 0.014058066 6.58087 0.00000000 12. TQ2 -0.000341986 0.000406322 -0.84166 0.40173830 13. TQ3 -0.000447922 0.000468313 -0.95646 0.34086423 14. TQ4 -0.000978661 0.000420025 -2.33001 0.02156546 15. T2Q2 0.000001895 0.000003031 0.62522 0.53307563 16. T2Q3 -0.000001578 0.000003440 -0.45883 0.64722639 17. T2Q4 0.000004277 0.000003093 1.38290 0.16939879 ******************************************************************************* 18. RHO 0.895565652 0.044243747 20.24163 0.00000000 ***ar(1) version all data ar1(method=maxl) lemp #constant lyk2 lupr sy afp lpop trend trendsq seasons{-2 to 0} $ tq2 tq3 tq4 t2q2 t2q3 t2q4 Dependent Variable LEMP - Estimation by Beach-MacKinnon Quarterly Data From 54:01 To 93:04 Usable Observations 160 Degrees of Freedom 142 Centered R**2 0.967889 R Bar **2 0.964045 Uncentered R**2 0.999381 T x R**2 159.901 Mean of Dependent Variable -0.849226949 Std Error of Dependent Variable 0.119408178 Standard Error of Estimate 0.022641897 Sum of Squared Residuals 0.0727970808 Durbin-Watson Statistic 2.215476 Q(36-1) 103.386430 Significance Level of Q 0.00000001 Variable Coeff Std Error T-Stat Signif ******************************************************************************* 1. Constant -0.827962154 0.938183824 -0.88252 0.37898939 2. LYK2 -0.072327533 0.042050140 -1.72003 0.08760542 3. LUPR -0.090750914 0.018678909 -4.85847 0.00000309 4. SY -1.161229355 0.464229581 -2.50141 0.01350533 5. AFP 0.958327314 1.100010645 0.87120 0.38511643 6. LPOP 0.006175546 0.344795280 0.01791 0.98573518 7. TREND 0.001311970 0.003466216 0.37850 0.70562290 8. TRENDSQ -0.000000940 0.000023037 -0.04080 0.96751594 9. SEASONS{-2} 0.110762572 0.011210552 9.88021 0.00000000 10. SEASONS{-1} 0.287636138 0.013913769 20.67277 0.00000000 11. SEASONS 0.093373661 0.012599294 7.41102 0.00000000 12. TQ2 -0.000093235 0.000280095 -0.33287 0.73972548 13. TQ3 -0.000890645 0.000330174 -2.69751 0.00783243 14. TQ4 -0.000925730 0.000294700 -3.14126 0.00204753 15. T2Q2 -0.000000197 0.000001712 -0.11510 0.90852652 16. T2Q3 0.000002131 0.000001995 1.06840 0.28715271 17. T2Q4 0.000003764 0.000001779 2.11578 0.03610877 ******************************************************************************* 18. RHO 0.932502610 0.031903378 29.22896 0.00000000 *** no ar(1) correction linreg lemp #constant lyk2 lupr sy afp lpop trend trendsq seasons{-2 to 0} $ tq2 tq3 tq4 t2q2 t2q3 t2q4 Dependent Variable LEMP - Estimation by Least Squares Quarterly Data From 54:01 To 93:04 Usable Observations 160 Degrees of Freedom 143 Centered R**2 0.808573 R Bar **2 0.787155 Uncentered R**2 0.996311 T x R**2 159.410 Mean of Dependent Variable -0.849226949 Std Error of Dependent Variable 0.119408178 Standard Error of Estimate 0.055089114 Sum of Squared Residuals 0.4339778989 Regression F(16,143) 37.7514 Significance Level of F 0.00000000 Durbin-Watson Statistic 0.187898 Q(36-0) 695.823391 Significance Level of Q 0.00000000 Variable Coeff Std Error T-Stat Signif ******************************************************************************* 1. Constant 0.123677305 0.474040245 0.26090 0.79454464 2. LYK2 -0.049744300 0.047715719 -1.04251 0.29893273 3. LUPR -0.062834552 0.015795284 -3.97806 0.00010999 4. SY -2.067758308 0.328015802 -6.30384 0.00000000 5. AFP 1.561268932 1.227128728 1.27229 0.20533350 6. LPOP 0.163404729 0.178285850 0.91653 0.36093089 7. TREND 0.000362690 0.001740565 0.20837 0.83523293 8. TRENDSQ 0.000006229 0.000011700 0.53244 0.59524940 9. SEASONS{-2} 0.112715662 0.036927744 3.05233 0.00270801 10. SEASONS{-1} 0.286267872 0.037727521 7.58777 0.00000000 11. SEASONS 0.084354993 0.038159203 2.21061 0.02865180 12. TQ2 0.000123524 0.001062326 0.11628 0.90759637 13. TQ3 -0.000514748 0.001069431 -0.48133 0.63101860 14. TQ4 -0.000373585 0.001075917 -0.34722 0.72893285 15. T2Q2 -0.000001697 0.000006469 -0.26225 0.79350984 16. T2Q3 -0.000000316 0.000006473 -0.04883 0.96112600 17. T2Q4 0.000000312 0.000006473 0.04826 0.96157362 *** add emp-pop ratio of adult men ar1(method=maxl) lemp #constant lyk2 lupr lempam sy afp lpop trend trendsq seasons{-2 to 0} $ tq2 tq3 tq4 t2q2 t2q3 t2q4 Dependent Variable LEMP - Estimation by Beach-MacKinnon Quarterly Data From 54:01 To 93:04 Usable Observations 160 Degrees of Freedom 141 Centered R**2 0.970701 R Bar **2 0.966961 Uncentered R**2 0.999435 T x R**2 159.910 Mean of Dependent Variable -0.849226949 Std Error of Dependent Variable 0.119408178 Standard Error of Estimate 0.021704381 Sum of Squared Residuals 0.0664223022 Durbin-Watson Statistic 2.122441 Q(36-1) 105.674769 Significance Level of Q 0.00000001 Variable Coeff Std Error T-Stat Signif ******************************************************************************* 1. Constant -0.321907395 0.935497012 -0.34410 0.73128141 2. LYK2 -0.055243429 0.040580753 -1.36132 0.17558378 3. LUPR -0.019528234 0.026508416 -0.73668 0.46254059 4. LEMPAM 1.904070216 0.518412034 3.67289 0.00033966 5. SY -1.177208680 0.446831337 -2.63457 0.00936615 6. AFP 0.753760276 1.057934412 0.71248 0.47734308 7. LPOP 0.038835755 0.340670697 0.11400 0.90940159 8. TREND 0.000975770 0.003434475 0.28411 0.77674245 9. TRENDSQ 0.000004464 0.000022799 0.19582 0.84503621 10. SEASONS{-2} 0.096807223 0.011353882 8.52635 0.00000000 11. SEASONS{-1} 0.275074252 0.013721283 20.04727 0.00000000 12. SEASONS 0.084529688 0.012273477 6.88718 0.00000000 13. TQ2 0.000238415 0.000282310 0.84452 0.39981064 14. TQ3 -0.000606088 0.000324691 -1.86666 0.06402561 15. TQ4 -0.000725249 0.000286678 -2.52983 0.01251094 16. T2Q2 -0.000002534 0.000001755 -1.44384 0.15100255 17. T2Q3 -0.000000223 0.000002011 -0.11113 0.91167417 18. T2Q4 0.000002025 0.000001765 1.14715 0.25326230 ******************************************************************************* 19. RHO 0.942690198 0.029984945 31.43878 0.00000000 *** add emp-pop of adult men and log real wage in mfg ar1(method=maxl) lemp #constant lyk2 lupr lempam lwmanr sy afp lpop trend trendsq seasons{-2 to 0} $ tq2 tq3 tq4 t2q2 t2q3 t2q4 Dependent Variable LEMP - Estimation by Beach-MacKinnon Quarterly Data From 54:01 To 93:04 Usable Observations 160 Degrees of Freedom 140 Centered R**2 0.970865 R Bar **2 0.966911 Uncentered R**2 0.999439 T x R**2 159.910 Mean of Dependent Variable -0.849226949 Std Error of Dependent Variable 0.119408178 Standard Error of Estimate 0.021720927 Sum of Squared Residuals 0.0660518157 Durbin-Watson Statistic 2.119929 Q(36-1) 106.496696 Significance Level of Q 0.00000000 Variable Coeff Std Error T-Stat Signif ******************************************************************************* 1. Constant 0.522639007 1.302811861 0.40116 0.68891226 2. LYK2 -0.055201613 0.040621946 -1.35891 0.17635999 3. LUPR -0.010852992 0.028151575 -0.38552 0.70043741 4. LEMPAM 1.932266547 0.520435785 3.71279 0.00029512 5. LWMANR 0.276278234 0.301885884 0.91517 0.36167367 6. SY -1.226688168 0.449010769 -2.73198 0.00710691 7. AFP 0.797724436 1.058959636 0.75331 0.45252885 8. LPOP 0.055048240 0.338435169 0.16266 0.87102446 9. TREND -0.000908238 0.003987977 -0.22774 0.82017747 10. TRENDSQ 0.000014199 0.000025000 0.56796 0.57097133 11. SEASONS{-2} 0.098696278 0.011550468 8.54479 0.00000000 12. SEASONS{-1} 0.280895962 0.015120106 18.57764 0.00000000 13. SEASONS 0.088062716 0.012868585 6.84323 0.00000000 14. TQ2 0.000288295 0.000287998 1.00103 0.31853805 15. TQ3 -0.000607421 0.000325386 -1.86677 0.06402492 16. TQ4 -0.000716564 0.000287395 -2.49331 0.01382067 17. T2Q2 -0.000002902 0.000001803 -1.60952 0.10975442 18. T2Q3 -0.000000378 0.000002022 -0.18699 0.85194025 19. T2Q4 0.000001842 0.000001779 1.03577 0.30209600 ******************************************************************************* 20. RHO 0.939763795 0.031286063 30.03778 0.00000000 ****First-differenced log version (basic variable list) linreg dlemp #constant dlyk2 dlupr dsy dafp dlpop dtrend dtrendsq dseasons{-2 to 0} $ dtq2 dtq3 dtq4 dt2q2 dt2q3 dt2q4 Dependent Variable DLEMP - Estimation by Least Squares Quarterly Data From 54:02 To 93:04 Usable Observations 159 Degrees of Freedom 143 Centered R**2 0.976339 R Bar **2 0.973857 Uncentered R**2 0.976339 T x R**2 155.238 Mean of Dependent Variable 0.0001427647 Std Error of Dependent Variable 0.1413494601 Standard Error of Estimate 0.0228544621 Sum of Squared Residuals 0.0746926804 Regression F(15,143) 393.3805 Significance Level of F 0.00000000 Durbin-Watson Statistic 2.249336 Q(36-0) 110.298197 Significance Level of Q 0.00000000 Variable Coeff Std Error T-Stat Signif ******************************************************************************* 1. Constant 0.000452325 0.004745132 0.09532 0.92419091 2. DLYK2 -0.076740009 0.041809411 -1.83547 0.06851324 3. DLUPR -0.093023827 0.018600284 -5.00120 0.00000164 4. DSY -1.037952985 0.468367749 -2.21611 0.02826431 5. DAFP 0.854582589 1.108577294 0.77088 0.44204853 6. DLPOP -0.055263898 0.392792803 -0.14069 0.88830906 7. DTREND 0.000000000 0.000000000 0.00000 0.00000000 8. DTRENDSQ -0.000000337 0.000028672 -0.01176 0.99063544 9. DSEASONS{-2} 0.110558308 0.010992003 10.05807 0.00000000 10. DSEASONS{-1} 0.287481176 0.013663010 21.04084 0.00000000 11. DSEASONS 0.093182764 0.012379348 7.52728 0.00000000 12. DTQ2 -0.000109179 0.000273554 -0.39911 0.69040548 13. DTQ3 -0.000914030 0.000322731 -2.83217 0.00529107 14. DTQ4 -0.000949108 0.000288256 -3.29258 0.00125093 15. DT2Q2 -0.000000092 0.000001673 -0.05530 0.95597553 16. DT2Q3 0.000002280 0.000001950 1.16936 0.24420563 17. DT2Q4 0.000003930 0.000001741 2.25722 0.02550951 *******Wellington's basic spec. linear version ***ar(1) version ar1(method=maxl) emp #constant yk2 upr sy afp lpop trend trendsq seasons{-2 to 0} $ tq2 tq3 tq4 t2q2 t2q3 t2q4 Dependent Variable EMP - Estimation by Beach-MacKinnon Quarterly Data From 54:01 To 93:04 Usable Observations 160 Degrees of Freedom 142 Centered R**2 0.975404 R Bar **2 0.972460 Uncentered R**2 0.999659 T x R**2 159.945 Mean of Dependent Variable 0.4307750000 Std Error of Dependent Variable 0.0512592314 Standard Error of Estimate 0.0085066139 Sum of Squared Residuals 0.0102754721 Durbin-Watson Statistic 2.131544 Q(36-1) 50.408526 Significance Level of Q 0.04437281 Variable Coeff Std Error T-Stat Signif ******************************************************************************* 1. Constant 0.714 0.350 2.04013 0.04319056 2. YK2 -7.612e-002 5.277e-002 -1.44267 0.15131429 3. UPR -0.872 0.155 -5.63438 0.00000009 4. SY -0.483 0.175 -2.76186 0.00650774 5. AFP 0.338 0.411 0.82333 0.41169893 6. LPOP 2.045e-002 0.132 0.15540 0.87672763 7. TREND 2.387e-004 1.325e-003 0.18020 0.85725125 8. TRENDSQ 1.149e-006 8.796e-006 0.13061 0.89626501 9. SEASONS{-2} 4.024e-002 4.113e-003 9.78299 0.00000000 10. SEASONS{-1} 0.119 5.016e-003 23.64816 0.00000000 11. SEASONS 3.405e-002 4.622e-003 7.36786 0.00000000 12. TQ2 1.048e-004 1.052e-004 0.99622 0.32083906 13. TQ3 -1.883e-004 1.256e-004 -1.49990 0.13585959 14. TQ4 -2.589e-004 1.137e-004 -2.27704 0.02427791 15. T2Q2 -8.910e-007 6.398e-007 -1.39260 0.16591802 16. T2Q3 -1.251e-007 7.591e-007 -0.16479 0.86934458 17. T2Q4 7.510e-007 6.857e-007 1.09517 0.27529529 ******************************************************************************* 18. RHO 0.939 3.055e-002 30.75168 0.00000000 *** no ar(1) correction linreg lemp #constant yk2 upr sy afp lpop trend trendsq seasons{-2 to 0} $ tq2 tq3 tq4 t2q2 t2q3 t2q4 Dependent Variable LEMP - Estimation by Least Squares Quarterly Data From 54:01 To 93:04 Usable Observations 160 Degrees of Freedom 143 Centered R**2 0.830166 R Bar **2 0.811164 Uncentered R**2 0.996728 T x R**2 159.476 Mean of Dependent Variable -0.849226949 Std Error of Dependent Variable 0.119408178 Standard Error of Estimate 0.051889141 Sum of Squared Residuals 0.3850250566 Regression F(16,143) 43.6875 Significance Level of F 0.00000000 Durbin-Watson Statistic 0.202999 Q(36-0) 755.928520 Significance Level of Q 0.00000000 Variable Coeff Std Error T-Stat Signif ******************************************************************************* 1. Constant -0.094252434 0.452471937 -0.20831 0.83528676 2. YK2 0.137489799 0.139215580 0.98760 0.32501494 3. UPR -2.259062325 0.371791061 -6.07616 0.00000001 4. SY -2.120391921 0.311914549 -6.79799 0.00000000 5. AFP 0.393351354 1.115476785 0.35263 0.72488453 6. LPOP -0.096923613 0.168011059 -0.57689 0.56492195 7. TREND 0.000876582 0.001618517 0.54160 0.58893962 8. TRENDSQ -0.000002549 0.000011017 -0.23141 0.81732616 9. SEASONS{-2} 0.103707568 0.034793500 2.98066 0.00338137 10. SEASONS{-1} 0.273812800 0.035527662 7.70703 0.00000000 11. SEASONS 0.072060411 0.035974350 2.00311 0.04705587 12. TQ2 0.000297325 0.001001074 0.29701 0.76689261 13. TQ3 -0.000251455 0.001009028 -0.24921 0.80355960 14. TQ4 -0.000087251 0.001015741 -0.08590 0.93166689 15. T2Q2 -0.000003260 0.000006095 -0.53484 0.59358992 16. T2Q3 -0.000002475 0.000006109 -0.40513 0.68598648 17. T2Q4 -0.000001837 0.000006111 -0.30054 0.76420556 *** add emp-pop rate of adult men ar1(method=maxl) emp #constant yk2 empam upr sy afp pop trend trendsq seasons{-2 to 0} $ tq2 tq3 tq4 t2q2 t2q3 t2q4 Dependent Variable EMP - Estimation by Beach-MacKinnon Quarterly Data From 54:01 To 93:04 Usable Observations 160 Degrees of Freedom 141 Centered R**2 0.975535 R Bar **2 0.972412 Uncentered R**2 0.999661 T x R**2 159.946 Mean of Dependent Variable 0.4307750000 Std Error of Dependent Variable 0.0512592314 Standard Error of Estimate 0.0085140469 Sum of Squared Residuals 0.0102209481 Durbin-Watson Statistic 2.119548 Q(36-1) 53.895192 Significance Level of Q 0.02156476 Variable Coeff Std Error T-Stat Signif ******************************************************************************* 1. Constant 0.206206132 0.540754437 0.38133 0.70353206 2. YK2 -0.067415290 0.054007810 -1.24825 0.21400801 3. EMPAM 0.431683584 0.519886465 0.83034 0.40774915 4. UPR -0.453365708 0.526112795 -0.86173 0.39030077 5. SY -0.473196258 0.175188008 -2.70108 0.00775907 6. AFP 0.330562551 0.407754693 0.81069 0.41891008 7. POP 0.401587294 1.397253503 0.28741 0.77421891 8. TREND 0.000149896 0.001247707 0.12014 0.90454523 9. TRENDSQ 0.000002372 0.000008261 0.28715 0.77441617 10. SEASONS{-2} 0.038037181 0.004924735 7.72370 0.00000000 11. SEASONS{-1} 0.116588832 0.005605055 20.80066 0.00000000 12. SEASONS 0.033270780 0.004725583 7.04057 0.00000000 13. TQ2 0.000144651 0.000116117 1.24573 0.21492837 14. TQ3 -0.000157829 0.000131175 -1.20319 0.23091779 15. TQ4 -0.000255557 0.000113635 -2.24892 0.02606762 16. T2Q2 -0.000001095 0.000000688 -1.59231 0.11355453 17. T2Q3 -0.000000302 0.000000791 -0.38255 0.70263195 18. T2Q4 0.000000733 0.000000685 1.06962 0.28661877 ******************************************************************************* 19. RHO 0.943899053 0.030443907 31.00453 0.00000000 ****First-differenced levels linreg dlemp #constant dyk2 dupr dsy dafp dlpop dtrend dtrendsq dseasons{-2 to 0} $ dtq2 dtq3 dtq4 dt2q2 dt2q3 dt2q4 Dependent Variable DLEMP - Estimation by Least Squares Quarterly Data From 54:02 To 93:04 Usable Observations 159 Degrees of Freedom 143 Centered R**2 0.977861 R Bar **2 0.975538 Uncentered R**2 0.977861 T x R**2 155.480 Mean of Dependent Variable 0.0001427647 Std Error of Dependent Variable 0.1413494601 Standard Error of Estimate 0.0221074075 Sum of Squared Residuals 0.0698894576 Regression F(15,143) 421.0711 Significance Level of F 0.00000000 Durbin-Watson Statistic 2.129145 Q(36-0) 105.448852 Significance Level of Q 0.00000001 Variable Coeff Std Error T-Stat Signif ******************************************************************************* 1. Constant -0.000016701 0.004577300 -0.00365 0.99709392 2. DYK2 -0.204459862 0.135483277 -1.50912 0.13347567 3. DUPR -2.401119576 0.395101821 -6.07722 0.00000001 4. DSY -1.085542369 0.453337025 -2.39456 0.01793608 5. DAFP 0.683675425 1.065151546 0.64186 0.52199331 6. DLPOP -0.036860885 0.378642721 -0.09735 0.92258473 7. DTREND 0.000000000 0.000000000 0.00000 0.00000000 8. DTRENDSQ 0.000002461 0.000027667 0.08895 0.92924622 9. DSEASONS{-2} 0.109175949 0.010397481 10.50023 0.00000000 10. DSEASONS{-1} 0.287067574 0.012689725 22.62205 0.00000000 11. DSEASONS 0.090735295 0.011702929 7.75321 0.00000000 12. DTQ2 0.000047875 0.000265397 0.18039 0.85710185 13. DTQ3 -0.000763036 0.000317190 -2.40562 0.01742328 14. DTQ4 -0.000761298 0.000287572 -2.64733 0.00902301 15. DT2Q2 -0.000001627 0.000001614 -1.00755 0.31537031 16. DT2Q3 0.000000628 0.000001918 0.32763 0.74367018 17. DT2Q4 0.000002164 0.000001735 1.24708 0.21440748 **** alternative methods for serial correlation (table 6.6) **** MLE (grid search) ar1(method=search) lemp #constant lyk2 lupr sy afp lpop trend trendsq seasons{-2 to 0} $ tq2 tq3 tq4 t2q2 t2q3 t2q4 Dependent Variable LEMP - Estimation by Maximum Likelihood Search Quarterly Data From 54:01 To 93:04 Usable Observations 160 Degrees of Freedom 142 Centered R**2 0.967889 R Bar **2 0.964045 Uncentered R**2 0.999381 T x R**2 159.901 Mean of Dependent Variable -0.849226949 Std Error of Dependent Variable 0.119408178 Standard Error of Estimate 0.022641894 Sum of Squared Residuals 0.0727970610 Durbin-Watson Statistic 2.215482 Q(36-1) 103.386995 Significance Level of Q 0.00000001 Variable Coeff Std Error T-Stat Signif ******************************************************************************* 1. Constant -0.827974355 0.938191382 -0.88252 0.37898621 2. LYK2 -0.072327811 0.042050129 -1.72004 0.08760414 3. LUPR -0.090751083 0.018678912 -4.85848 0.00000309 4. SY -1.161220729 0.464230121 -2.50139 0.01350611 5. AFP 0.958320944 1.100011273 0.87119 0.38511985 6. LPOP 0.006172206 0.344798366 0.01790 0.98574303 7. TREND 0.001311967 0.003466249 0.37850 0.70562614 8. TRENDSQ -0.000000940 0.000023037 -0.04080 0.96751349 9. SEASONS{-2} 0.110762551 0.011210538 9.88022 0.00000000 10. SEASONS{-1} 0.287636115 0.013913754 20.67279 0.00000000 11. SEASONS 0.093373637 0.012599281 7.41103 0.00000000 12. TQ2 -0.000093236 0.000280095 -0.33287 0.73972240 13. TQ3 -0.000890646 0.000330173 -2.69751 0.00783224 14. TQ4 -0.000925732 0.000294700 -3.14127 0.00204747 15. T2Q2 -0.000000197 0.000001712 -0.11510 0.90852949 16. T2Q3 0.000002131 0.000001995 1.06841 0.28714989 17. T2Q4 0.000003764 0.000001779 2.11579 0.03610801 ******************************************************************************* 18. RHO 0.932505650 0.031903180 29.22924 0.00000000 **** Corc ar1(method=corc) lemp #constant lyk2 lupr sy afp lpop trend trendsq seasons{-2 to 0} $ tq2 tq3 tq4 t2q2 t2q3 t2q4 Dependent Variable LEMP - Estimation by Cochrane-Orcutt Quarterly Data From 54:02 To 93:04 Usable Observations 159 Degrees of Freedom 141 Centered R**2 0.969485 R Bar **2 0.965806 Uncentered R**2 0.999410 T x R**2 158.906 Mean of Dependent Variable -0.848678103 Std Error of Dependent Variable 0.119582831 Standard Error of Estimate 0.022112761 Sum of Squared Residuals 0.0689453603 Durbin-Watson Statistic 2.193396 Q(36-1) 102.449913 Significance Level of Q 0.00000002 Variable Coeff Std Error T-Stat Signif ******************************************************************************* 1. Constant -1.922937819 0.932922650 -2.06120 0.04112140 2. LYK2 -0.086946908 0.041455565 -2.09735 0.03774741 3. LUPR -0.094499227 0.018215438 -5.18786 0.00000073 4. SY -1.007267321 0.452679216 -2.22512 0.02766131 5. AFP 0.616733943 1.073867509 0.57431 0.56667245 6. LPOP -0.294911951 0.325625768 -0.90568 0.36665155 7. TREND 0.008920811 0.003987899 2.23697 0.02685777 8. TRENDSQ -0.000042808 0.000024977 -1.71388 0.08874817 9. SEASONS{-2} 0.111646439 0.011061910 10.09287 0.00000000 10. SEASONS{-1} 0.289375942 0.013711321 21.10489 0.00000000 11. SEASONS 0.094673783 0.012405729 7.63146 0.00000000 12. TQ2 -0.000156299 0.000278625 -0.56097 0.57570964 13. TQ3 -0.000987387 0.000329071 -3.00053 0.00318784 14. TQ4 -0.001017956 0.000293886 -3.46378 0.00070575 15. T2Q2 0.000000183 0.000001703 0.10777 0.91433187 16. T2Q3 0.000002694 0.000001988 1.35522 0.17751562 17. T2Q4 0.000004352 0.000001776 2.45107 0.01546664 ******************************************************************************* 18. RHO 0.902377341 0.032745442 27.55734 0.00000000 **** hilu ar1(method=hilu) lemp #constant lyk2 lupr sy afp lpop trend trendsq seasons{-2 to 0} $ tq2 tq3 tq4 t2q2 t2q3 t2q4 Dependent Variable LEMP - Estimation by Hildreth-Lu Quarterly Data From 54:02 To 93:04 Usable Observations 159 Degrees of Freedom 141 Centered R**2 0.969485 R Bar **2 0.965806 Uncentered R**2 0.999410 T x R**2 158.906 Mean of Dependent Variable -0.848678103 Std Error of Dependent Variable 0.119582831 Standard Error of Estimate 0.022112761 Sum of Squared Residuals 0.0689453603 Durbin-Watson Statistic 2.193415 Q(36-1) 102.451488 Significance Level of Q 0.00000002 Variable Coeff Std Error T-Stat Signif ******************************************************************************* 1. Constant -1.922946112 0.932941617 -2.06116 0.04112459 2. LYK2 -0.086946780 0.041455570 -2.09735 0.03774771 3. LUPR -0.094499370 0.018215480 -5.18786 0.00000073 4. SY -1.007252717 0.452681612 -2.22508 0.02766433 5. AFP 0.616730760 1.073869996 0.57431 0.56667534 6. LPOP -0.294907215 0.325632663 -0.90564 0.36666934 7. TREND 0.008921022 0.003988043 2.23694 0.02685965 8. TRENDSQ -0.000042808 0.000024978 -1.71386 0.08875138 9. SEASONS{-2} 0.111646286 0.011061883 10.09288 0.00000000 10. SEASONS{-1} 0.289375732 0.013711294 21.10492 0.00000000 11. SEASONS 0.094673621 0.012405707 7.63146 0.00000000 12. TQ2 -0.000156297 0.000278623 -0.56096 0.57571490 13. TQ3 -0.000987383 0.000329069 -3.00053 0.00318784 14. TQ4 -0.001017954 0.000293885 -3.46378 0.00070574 15. T2Q2 0.000000183 0.000001703 0.10776 0.91433815 16. T2Q3 0.000002694 0.000001988 1.35521 0.17751699 17. T2Q4 0.000004352 0.000001776 2.45107 0.01546656 ******************************************************************************* 18. RHO 0.902385113 0.032745512 27.55752 0.00000000 *** differenced linreg dlemp #constant dlyk2 dlupr dsy dafp dlpop dtrend dtrendsq $ dseasons{-2} dseasons{-1} dseasons dtq2 dtq3 dtq4 dt2q2 dt2q3 dt2q4 Dependent Variable DLEMP - Estimation by Least Squares Quarterly Data From 54:02 To 93:04 Usable Observations 159 Degrees of Freedom 143 Centered R**2 0.976339 R Bar **2 0.973857 Uncentered R**2 0.976339 T x R**2 155.238 Mean of Dependent Variable 0.0001427647 Std Error of Dependent Variable 0.1413494601 Standard Error of Estimate 0.0228544621 Sum of Squared Residuals 0.0746926804 Regression F(15,143) 393.3805 Significance Level of F 0.00000000 Durbin-Watson Statistic 2.249336 Q(36-0) 110.298197 Significance Level of Q 0.00000000 Variable Coeff Std Error T-Stat Signif ******************************************************************************* 1. Constant 0.000452325 0.004745132 0.09532 0.92419091 2. DLYK2 -0.076740009 0.041809411 -1.83547 0.06851324 3. DLUPR -0.093023827 0.018600284 -5.00120 0.00000164 4. DSY -1.037952985 0.468367749 -2.21611 0.02826431 5. DAFP 0.854582589 1.108577294 0.77088 0.44204853 6. DLPOP -0.055263898 0.392792803 -0.14069 0.88830906 7. DTREND 0.000000000 0.000000000 0.00000 0.00000000 8. DTRENDSQ -0.000000337 0.000028672 -0.01176 0.99063544 9. DSEASONS{-2} 0.110558308 0.010992003 10.05807 0.00000000 10. DSEASONS{-1} 0.287481176 0.013663010 21.04084 0.00000000 11. DSEASONS 0.093182764 0.012379348 7.52728 0.00000000 12. DTQ2 -0.000109179 0.000273554 -0.39911 0.69040548 13. DTQ3 -0.000914030 0.000322731 -2.83217 0.00529107 14. DTQ4 -0.000949108 0.000288256 -3.29258 0.00125093 15. DT2Q2 -0.000000092 0.000001673 -0.05530 0.95597553 16. DT2Q3 0.000002280 0.000001950 1.16936 0.24420563 17. DT2Q4 0.000003930 0.000001741 2.25722 0.02550951 *** OLS, newey-white standard errors linreg(robusterrors,lags=1,damp=1) lemp #constant lyk2 lupr sy afp lpop trend trendsq seasons{-2 to 0} $ tq2 tq3 tq4 t2q2 t2q3 t2q4 Dependent Variable LEMP - Estimation by Least Squares Quarterly Data From 54:01 To 93:04 Usable Observations 160 Degrees of Freedom 143 Centered R**2 0.808573 R Bar **2 0.787155 Uncentered R**2 0.996311 T x R**2 159.410 Mean of Dependent Variable -0.849226949 Std Error of Dependent Variable 0.119408178 Standard Error of Estimate 0.055089114 Sum of Squared Residuals 0.4339778989 Durbin-Watson Statistic 0.187898 Q(36-0) 695.823391 Significance Level of Q 0.00000000 Variable Coeff Std Error T-Stat Signif ******************************************************************************* 1. Constant 0.123677305 0.506868292 0.24400 0.80722861 2. LYK2 -0.049744300 0.062451905 -0.79652 0.42572883 3. LUPR -0.062834552 0.016838992 -3.73149 0.00019035 4. SY -2.067758308 0.408865903 -5.05730 0.00000043 5. AFP 1.561268932 1.324080966 1.17913 0.23834480 6. LPOP 0.163404729 0.196841319 0.83013 0.40646285 7. TREND 0.000362690 0.001878368 0.19309 0.84689038 8. TRENDSQ 0.000006229 0.000012624 0.49346 0.62168974 9. SEASONS{-2} 0.112715662 0.028367740 3.97337 0.00007086 10. SEASONS{-1} 0.286267872 0.035295452 8.11062 0.00000000 11. SEASONS 0.084354993 0.034214108 2.46550 0.01368209 12. TQ2 0.000123524 0.000802121 0.15400 0.87761265 13. TQ3 -0.000514748 0.000982526 -0.52390 0.60034646 14. TQ4 -0.000373585 0.000938523 -0.39806 0.69058854 15. T2Q2 -0.000001697 0.000004787 -0.35442 0.72302259 16. T2Q3 -0.000000316 0.000005842 -0.05411 0.95685112 17. T2Q4 0.000000312 0.000005405 0.05780 0.95391180 ****First-differenced IV models (instrument = diff in real minimum wage) instruments constant dsy dafp dlpop dtrend dtrendsq dseasons{-2 to 0} $ dtq2 dtq3 dtq4 dt2q2 dt2q3 dt2q4 dlupr dlminr2 linreg(inst) dlemp #constant dsy dafp dlpop dtrend dtrendsq dseasons{-2 to 0} dtq2 dtq3 dtq4 $ dt2q2 dt2q3 dt2q4 dlyk2 dlupr ## REG10. First 5 Instruments Are Linearly Dependent Over Regression Range Dependent Variable DLEMP - Estimation by Instrumental Variables Quarterly Data From 54:02 To 93:04 Usable Observations 159 Degrees of Freedom 143 Centered R**2 0.976253 R Bar **2 0.973762 Uncentered R**2 0.976253 T x R**2 155.224 Mean of Dependent Variable 0.0001427647 Std Error of Dependent Variable 0.1413494601 Standard Error of Estimate 0.0228959630 Sum of Squared Residuals 0.0749641921 Durbin-Watson Statistic 2.247534 Q(36-0) 106.496588 Significance Level of Q 0.00000001 Variable Coeff Std Error T-Stat Signif ******************************************************************************* 1. Constant 0.001054332 0.004895698 0.21536 0.82979439 2. DSY -1.047405563 0.469577967 -2.23053 0.02727009 3. DAFP 0.963379598 1.130552125 0.85213 0.39556571 4. DLPOP -0.082610764 0.397081267 -0.20804 0.83548986 5. DTREND 0.000000000 0.000000000 0.00000 0.00000000 6. DTRENDSQ -0.000003004 0.000029188 -0.10291 0.91817491 7. DSEASONS{-2} 0.109541440 0.011188003 9.79097 0.00000000 8. DSEASONS{-1} 0.287016626 0.013717583 20.92327 0.00000000 9. DSEASONS 0.092181277 0.012553728 7.34294 0.00000000 10. DTQ2 -0.000113252 0.000274165 -0.41308 0.68016611 11. DTQ3 -0.000940518 0.000327393 -2.87275 0.00468945 12. DTQ4 -0.000966430 0.000290737 -3.32407 0.00112695 13. DT2Q2 0.000000003 0.000001686 0.00173 0.99862130 14. DT2Q3 0.000002487 0.000001994 1.24694 0.21445868 15. DT2Q4 0.000004087 0.000001771 2.30812 0.02242663 16. DLYK2 -0.106883763 0.072032032 -1.48384 0.14005306 17. DLUPR -0.094789336 0.018947533 -5.00273 0.00000163 ****add adult male epop to list instruments constant dsy dafp dlpop dtrend dtrendsq dseasons{-2 to 0} $ dtq2 dtq3 dtq4 dt2q2 dt2q3 dt2q4 dlupr dlempam dlminr2 linreg(inst) dlemp #constant dsy dafp dlpop dtrend dtrendsq dseasons{-2 to 0} dtq2 dtq3 dtq4 $ dt2q2 dt2q3 dt2q4 dlyk2 dlempam dlupr ## REG10. First 5 Instruments Are Linearly Dependent Over Regression Range Dependent Variable DLEMP - Estimation by Instrumental Variables Quarterly Data From 54:02 To 93:04 Usable Observations 159 Degrees of Freedom 142 Centered R**2 0.978342 R Bar **2 0.975902 Uncentered R**2 0.978342 T x R**2 155.556 Mean of Dependent Variable 0.0001427647 Std Error of Dependent Variable 0.1413494601 Standard Error of Estimate 0.0219425042 Sum of Squared Residuals 0.0683692359 Durbin-Watson Statistic 2.144892 Q(36-0) 106.585085 Significance Level of Q 0.00000001 Variable Coeff Std Error T-Stat Signif ******************************************************************************* 1. Constant 0.000877664 0.004694625 0.18695 0.85196608 2. DSY -1.088072902 0.450069819 -2.41756 0.01689280 3. DAFP 0.831382934 1.085579323 0.76584 0.44504107 4. DLPOP -0.037671617 0.381112774 -0.09885 0.92139965 5. DTREND 0.000000000 0.000000000 0.00000 0.00000000 6. DTRENDSQ 0.000002157 0.000028064 0.07687 0.93883212 7. DSEASONS{-2} 0.095471260 0.011273318 8.46878 0.00000000 8. DSEASONS{-1} 0.274427454 0.013556903 20.24264 0.00000000 9. DSEASONS 0.083041885 0.012213128 6.79940 0.00000000 10. DTQ2 0.000212133 0.000278449 0.76184 0.44741966 11. DTQ3 -0.000666654 0.000325393 -2.04877 0.04232637 12. DTQ4 -0.000770821 0.000285233 -2.70243 0.00772305 13. DT2Q2 -0.000002263 0.000001748 -1.29441 0.19762370 14. DT2Q3 0.000000229 0.000002038 0.11243 0.91063780 15. DT2Q4 0.000002406 0.000001777 1.35360 0.17801444 16. DLYK2 -0.099901082 0.069400652 -1.43948 0.15221444 17. DLEMPAM 1.862016274 0.518197230 3.59326 0.00044940 18. DLUPR -0.025747567 0.026949104 -0.95541 0.34099174 ****First-differenced IV models (instrument = diff in nominal minimum wage) instruments constant dsy dafp dlpop dtrend dtrendsq dseasons{-2 to 0} $ dtq2 dtq3 dtq4 dt2q2 dt2q3 dt2q4 dlupr dlmin linreg(inst) dlemp #constant dsy dafp dlpop dtrend dtrendsq dseasons{-2 to 0} dtq2 dtq3 dtq4 $ dt2q2 dt2q3 dt2q4 dlyk2 dlupr ## REG10. First 5 Instruments Are Linearly Dependent Over Regression Range Dependent Variable DLEMP - Estimation by Instrumental Variables Quarterly Data From 54:02 To 93:04 Usable Observations 159 Degrees of Freedom 143 Centered R**2 0.976245 R Bar **2 0.973753 Uncentered R**2 0.976245 T x R**2 155.223 Mean of Dependent Variable 0.0001427647 Std Error of Dependent Variable 0.1413494601 Standard Error of Estimate 0.0228999040 Sum of Squared Residuals 0.0749900015 Durbin-Watson Statistic 2.247340 Q(36-0) 106.313440 Significance Level of Q 0.00000001 Variable Coeff Std Error T-Stat Signif ******************************************************************************* 1. Constant 0.001082295 0.004896905 0.22102 0.82539508 2. DSY -1.047844639 0.469659731 -2.23107 0.02723301 3. DAFP 0.968433254 1.130798238 0.85642 0.39320076 4. DLPOP -0.083881035 0.397158883 -0.21120 0.83302978 5. DTREND 0.000000000 0.000000000 0.00000 0.00000000 6. DTRENDSQ -0.000003128 0.000029194 -0.10714 0.91483147 7. DSEASONS{-2} 0.109494206 0.011190383 9.78467 0.00000000 8. DSEASONS{-1} 0.286995047 0.013720022 20.91797 0.00000000 9. DSEASONS 0.092134757 0.012556282 7.33774 0.00000000 10. DTQ2 -0.000113441 0.000274212 -0.41370 0.67971408 11. DTQ3 -0.000941748 0.000327460 -2.87592 0.00464519 12. DTQ4 -0.000967234 0.000290792 -3.32621 0.00111896 13. DT2Q2 0.000000007 0.000001686 0.00436 0.99652803 14. DT2Q3 0.000002497 0.000001995 1.25147 0.21280618 15. DT2Q4 0.000004095 0.000001771 2.31176 0.02221922 16. DLYK2 -0.108283950 0.072106468 -1.50172 0.13537356 17. DLUPR -0.094871345 0.018951604 -5.00598 0.00000161 ****add adult male epop to list instruments constant dsy dafp dlpop dtrend dtrendsq dseasons{-2 to 0} $ dtq2 dtq3 dtq4 dt2q2 dt2q3 dt2q4 dlupr dlempam dlmin linreg(inst) dlemp #constant dsy dafp dlpop dtrend dtrendsq dseasons{-2 to 0} dtq2 dtq3 dtq4 $ dt2q2 dt2q3 dt2q4 dlyk2 dlempam dlupr ## REG10. First 5 Instruments Are Linearly Dependent Over Regression Range Dependent Variable DLEMP - Estimation by Instrumental Variables Quarterly Data From 54:02 To 93:04 Usable Observations 159 Degrees of Freedom 142 Centered R**2 0.978336 R Bar **2 0.975895 Uncentered R**2 0.978336 T x R**2 155.555 Mean of Dependent Variable 0.0001427647 Std Error of Dependent Variable 0.1413494601 Standard Error of Estimate 0.0219454838 Sum of Squared Residuals 0.0683878047 Durbin-Watson Statistic 2.144895 Q(36-0) 106.482352 Significance Level of Q 0.00000001 Variable Coeff Std Error T-Stat Signif ******************************************************************************* 1. Constant 0.000892749 0.004695805 0.19012 0.84948947 2. DSY -1.088283102 0.450132033 -2.41770 0.01688689 3. DAFP 0.834170708 1.085806867 0.76825 0.44361463 4. DLPOP -0.038379563 0.381179246 -0.10069 0.91994143 5. DTREND 0.000000000 0.000000000 0.00000 0.00000000 6. DTRENDSQ 0.000002088 0.000028070 0.07438 0.94081138 7. DSEASONS{-2} 0.095454601 0.011275125 8.46595 0.00000000 8. DSEASONS{-1} 0.274423626 0.013558756 20.23959 0.00000000 9. DSEASONS 0.083022581 0.012215128 6.79670 0.00000000 10. DTQ2 0.000211832 0.000278490 0.76064 0.44813080 11. DTQ3 -0.000667481 0.000325460 -2.05088 0.04211695 12. DTQ4 -0.000771372 0.000285283 -2.70388 0.00769106 13. DT2Q2 -0.000002259 0.000001749 -1.29202 0.19844991 14. DT2Q3 0.000000236 0.000002038 0.11561 0.90812568 15. DT2Q4 0.000002411 0.000001778 1.35608 0.17722519 16. DLYK2 -0.100655308 0.069501769 -1.44824 0.14975410 17. DLEMPAM 1.860873052 0.518295827 3.59037 0.00045399 18. DLUPR -0.025833880 0.026955857 -0.95838 0.33950146 end Normal Completion