Final Project for DS340W at Penn State
- Parent Paper One: https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7882057/
- Research Paper Two: https://arno.uvt.nl/show.cgi?fid=148913
- Research Paper Three: https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8645264/
We plan to use the code and database attributed to Parent Paper 1, as this is more in line with our research interests. We include the code and data for Research Paper 2 as well, as this gives us insight to techniques and avenues for future work with Parent Paper 1.
Data is represented as quarters, but in MM-DD-YYYY formatting: Q1 - 1/31 Q2- 4/30 Q3- 7/31 Q4- 10/31
Data Sources:
- OECD (2023), Gross domestic product (GDP) (indicator). doi: 10.1787/dc2f7aec-en (Accessed on 03 November 2023)
- OECD (2023), Gross domestic product (GDP) (indicator). doi: 10.1787/dc2f7aec-en (Accessed on 03 November 2023)
- OECD (2023), Household savings (indicator). doi: 10.1787/cfc6f499-en (Accessed on 03 November 2023)
- OECD (2023), Employee compensation by activity (indicator). doi: 10.1787/7af78603-en (Accessed on 03 November 2023)
- OECD (2023), Employment rate (indicator). doi: 10.1787/1de68a9b-en (Accessed on 03 November 2023)
- Board of Governors of the Federal Reserve System (US), Finance Rate on Personal Loans at Commercial Banks, 24 Month Loan [TERMCBPER24NS], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/TERMCBPER24NS, November 3, 2023.
- European Central Bank. "Bank interest rates - loans to corporations of up to EUR 0.25M with a floating rate and an IRF period of up to three months (new business) - euro area." ECB Statistical Data Warehouse, 2023, data.ecb.europa.eu/data/datasets/MIR/MIR.M.U2.B.A2A.D.R.2.2240.EUR.N.
- Freddie Mac, 30-Year Fixed Rate Mortgage Average in the United States [MORTGAGE30US], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/MORTGAGE30US, November 3, 2023.
- European Central Bank. "Bank interest rates - loans to households for house purchase (new business) - euro area" ECB Statistical Data Warehouse, 2023, data.ecb.europa.eu/data/datasets/MIR/MIR.M.U2.B.A2A.D.R.2.2240.EUR.N.https://data.ecb.europa.eu/data/datasets/MIR/MIR.M.U2.B.A2C.A.R.A.2250.EUR.N
- Bank for International Settlements, Real Residential Property Prices for United States [QUSR628BIS], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/QUSR628BIS, November 3, 2023.
- OECD (2023), Share prices (indicator). doi: 10.1787/6ad82f42-en (Accessed on 03 November 2023)
- Bank for International Settlements. "Nominal effective exchange rates, Broad (64 economies) indices" BIS Statistics Warehouse, 2023, stats.bis.org/statx/srs/table/i1?m=B.https://stats.bis.org/statx/srs/table/i1?m=B
- OECD (2023), Terms of trade (indicator). doi: 10.1787/7722246c-en (Accessed on 03 November 2023)
- Norway mortgage/loan Rates:https://www.ssb.no/en/statbank/table/10729/tableViewLayout1/
- Poland mortgage/loan Rates: https://nbp.pl/en/statistic-and-financial-reporting/monetary-and-financial-statistics/mir-statistics/
- Austria mortgage/loan Rates: https://www.oenb.at/en/Statistics/Standardized-Tables/interest-rates-and-exchange-rates/Interest-Rates-of-Credit-Institutions.html
- Sweden mortgage/loan Rates: https://www.riksbank.se/en-gb/statistics/search-interest--exchange-rates/policy-rate-deposit-and-lending-rate/
- Hungary mortgage/loan rates: https://statisztika.mnb.hu/idosor-2216