PROBLEM SET ONE: additional information

Empirical Exercise: some directions on the procedure DISTRIB.SRC.

The first thing you are required to do is to calculate several alternative quarterly versions of the HPM and M series. There are four models that the procedure DISTRIB.SRC implements. Try to run your program with some of these specifications. By looking at the syntax of this procedure, you find "Oldser=series to distribute". This should be set up in the higher frequency. If you read the series from a RATS format file in the higher frequency, it will be setup this way automatically. Hence, generate a preliminary file where you create a RATS format file. You can proceed in this way:

cal 1918

all 1930:1

open data /u/baum/761/money.dat

data(org=obs) / hpm m

dedit(new) money.rat

store hpm

store m

save

stat hpm

stat m

Then, you create a new workfile in which you set up quarterly frequencies. Use the file money.rat instead of money.dat to run the procedure DISTRIB.SRC. Don't forget to take into account the option "Factor ". You recall a procedure by typing "Source + name of the procedure" in your prg file.