Timo Teräsvirta and Ann-Charlotte Eliasson, "Nonlinear Equilibrium
Correction and the UK Demand for Broad Money, 1878-1997", Journal of
Applied Econometrics, Vol. 16, No. 3, 2001, pp. 277-288.

This dataset was first analyzed in N.R. Ericsson, D.F. Hendry and 
K.M. Prestwich (1998), "The demand for broad money in the United 
Kingdom, 1878-1993", Scandinavian Journal of Economics 100, 289-324,
and is made available courtesy of Professor Hendry.

The data used in the paper are contained in the file ukmd.data, which is
zipped in the file te-data.zip. This ASCII file is in DOS format. It
contains 12 series, and the names are included at the bottom of the file.
The data are in columns separated by spaces. The variables are:

dlnmp	First difference of log real broad money
dum1o3	Dummy World War I and World War II
dumc	Deregulation dummy variable nonzero for 1971-1975, 1986-1989.
dum4drs Deregulation dummy variable times short term interest rates,
	nonzero for 1971-1975.
dlnmp1	First difference of log real broad money 1 lag
dlnmp2	First difference of log real broad money 2 lag
dlnp	First difference of log national income price deflation
dlnp1	First difference of log national income price deflation 1 lag
dlnrn	First difference of log opportunity cost holding money
ddlnrl	2nd difference of log long-term interest rates
uhat1	Error correction term 
dlny	First difference of log real net national income

For more detailed definition of the data see Appendix.