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The Grunfeld Data at 50

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This paper revisits Grunfeld's well-known investment data, one of the most widely used data sets in all of econometrics, on the occasion of their 50th anniversary. It presents, apparently for the first time after the publication of the original Chicago Ph.D. thesis, the full data set and points out errors and inconsistencies in several currently available versions. It also revisits a number of empirical studies from the literature of the last five decades. (authorĀ“s abstract) ; Series: Research Report Series / Department of Statistics and Mathematics

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Christian Kleiber, Achim Zeileis

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