Comments on Empirical question 2 ISHISE, Hirokazu

Graduate Introductory MacroeconomicsComments on Empirical question 3.4 of Lecture note 5

Reporting style{ You do not need to include data sheet.

Seasonality{ Some of you point out seasonality is the source of the uctuation. This data is

\seasonally adjusted" meaning the eects of seasonality is minimal. However, itmay have some eects.

Grading policy{ Full score: 10 points.

{ 9.5 points if graph is incomplete and explanation is incomplete.

{ Incomplete graph includes dot plots rather than line plots for time series.

{ 9 points if something is missing.

1 Graduate Introductory Macroeconomics Summer 2014