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Head to FRED ( https://fred.stlouisfed.org/Links to an external site. ) and download the series MICH (Inflation Expectation), UMCSENT (Consumer Sentiment), and CBSICO (Community Bank Sentiment
- Head to FRED (https://fred.stlouisfed.org/Links to an external site.) and download the series MICH (Inflation Expectation), UMCSENT (Consumer Sentiment), and CBSICO (Community Bank Sentiment Index).
- If you download the series separately (instead of directly importing through Stata), you will need to load each into Stata and then merge them by date.
- Question (a): What are the correlations among them (you will have three correlations given the three pairs of variables)?
- Question (b): Based on the descriptions given by FRED for these series, answers above make economic sense?
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Principles Of Macroeconomics
Authors: N Gregory Mankiw
8th Edition
1305971507, 9781305971509
