Arabinda Basistha and Richard Startz, "Why Were Changes in the Federal Funds
Rate Smaller in the 1990s", Journal of Applied Econometrics, Vol. 19,
No. 3, 2004, pp. 339-354.

All files are ASCII files in DOS format, and they are zipped in the file
bsfiles.zip. Unix users should use "unzip -a".

The data are in the file bsdata.dat. There are 7 columns and 220 rows. The
last row is the heading for each column. The rest of the rows contain
monthly data for each variable. There are 218 data points for each variable.
The first column contains the dates. The dates are associated with the
monthly observations for the federal funds rate. The federal funds rate data
are in the second column. The third column contains the change in inflation
data (computed from GDP deflator after interpolation). The fourth column
contains the change in inflation expectations data from Survey of
Professional Forecasters (interpolated).  The fifth column contains the
change in output gap measure from GDP (interpolated).  The sixth column has
the change in financial spread data (10 year T-note - 3-month t-bill). All
the data in col 3-6 are lagged, as used in the paper. Column 7 contains the
change in Taylor rule (not lagged) data as used in the paper. 

The source of the data in columns 2-3 and 4-5 is Federal Reserve Economic
Database (FRED) maintained by Federal Reserve Bank of St. Louis. The source
of the data in column 3 is from the Survey of Professional Forecasters
database maintained by Federal Reserve Bank of Philadelphia. They are based
on short term inflation forecasts (1 - year) of GNP/GDP deflator. Column 6
is computed on the basis of GDP and GDP deflator data from FRED.

There are also three Gauss program files, prog1.g, prog2.g, and prog3.g.