Perron and Wada(2009)

[TomDoan]

This is a replication for Perron and Wada(2009), "Let’s take a break: Trends and cycles in US real GDP", Journal of Monetary Economics, vol 56, 749-765. This uses the same data and uses the same basic model as Morley, Nelson and Zivot(2003) (http://www.estima.com/forum/viewtopic.php?f=8&t=1503), but adds a shift in the trend rate.

pw_jme_2009.rpf

Program file

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lgdp.txt

Data file

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