Gavin Cameron and John Muellbauer, "Earnings, Unemployment and Housing in Great Britain", Journal of Applied Econometrics, Vol. 16, No. 3, 2001, pp. 203-220. All data are in the file cmdata.dat, which is zipped in cmdata.zip. The file is an ASCII file in DOS format, organized in a way that will be obvious upon inspection. Unix users should use "unzip -a". These data correspond to those described in the Data Appendix and are presented by region 1972 to 1995, with region codes as follows: NN North NW North-West YH Yorkshire and Humberside WM West Midlands EM East Midlands EA East Anglia SE South East SW South West WW Wales SC Scotland In the following, "i" denotes a region code. The variables are: LFTMEi Log real average weekly earnings of full-time men in region relative to GB. Source: New Earnings Survey. LFTFEi Log real average weekly earnings of full-time women in region relative to GB. Source: New Earnings Survey. Ui Regional unemployment rate/100(all workers, claimant count). Source: Employment Gazette, various issues. UHi Regional unemployment rate/100(all workers, claimant count), fitted value from unemployment equation. PPi Share of production workers in total employment relative to GB. Source: Office for National Statistics, Earnings and Employment Division. PBi Share of banking, finance and real estate workers in total employment relative to GB. Source: Office for National Statistics, Earnings and Employment Division. PFPTi Share of part-time women in total women workers relative to GB. Source: Office for National Statistics, Earnings and Employment Division. LHPi Log mix-adjusted second-hand house prices relative to GB. Source: Department of Environment, Transport and the Regions. POO Proportion of owner-occupiers in UK. Source: Housing and Construction Statistics, Department of Environment, Transport and the Regions. WRRi Average UK Building Society mortgage interest rate weighted by mortage debt to income ratio in region (relative to GB). Source: Cameron and Muellbauer (1998). RER The real exchange rate. Source: Economic Trends AFLIB Financial liberalisation proxy defined as the moving average of the proportion of first-time buyers (excluding buyers at subsidized prices of social housing by former tenants) obtaining mortgages of ninety per cent or more. This rose from an average of 0.319 between 1972 and 1977 to 0.675 between 1985 and 1990. The variable is defined as the deviation from its mean over 1972 to 1995. Source: special tabulations from the 5 per cent Survey of Building Society Mortgages, DETR. Trend89 Split time trend which is zero until 1988, one in 1989, two in 1990, etc. LRHPUK Log mix-adjusted real UK house prices. Source: Department of Environment, Transport and the Regions. dMLRH Fitted value for change in UK bank base rates from a simple autoregressive forecasting model with US 3 month Treasury Bill interest rate, inflation, the trade balance to GDP ratio and the change in personal income. Gavin Cameron