Jonathan L. Willis, "Magazine Prices Revisited", Journal of Applied
Econometrics, Vol. 21, No. 3, 2006, pp. 337-344.

All data are in the file magprices.txt, which is an ASCII file in DOS
format. It is zipped in the file jw-data.zip. Unix users should use "unzip
-a".

The data in magprices.txt are arranged as a stacked panel dataset
of magazine prices and the relevant explanatory variables.  

Note:  This dataset includes the full set of observed magazine prices.
       The econometric analysis was conducted on a subset of 
       observations:  magazine prices between 1953-79.  Column 10 
       represents a dummy variable equal to 1 if the observation was 
       used in the analysis.  An entry of NaN is used simply as a 
       placeholder (useful in Matlab syntax) -- data is not needed 
       in these positions for the empirics.  
       
The eleven variables (columns) are

1)  year

2)  magazine indicator  (the 38 magazines are listed)

3)  price of the magazine for the January issue of the corresponding year
    NOTE:  pricing data was provided by Stephen Cecchetti; price data for 
           a magazine begins on a date in which a price change was observed;
	   in the empirical analysis, data prior to 1953 are excluded
	   
4)  dummy variable indicating if the price changed between January of the 
    current year and January of the following year
    
5)  number of years since the previous price change

6)  Price index:  GDP deflator index for gross domestic non-farm produce, 
    excluding housing services  (Source:  Dept. of Commerce)

7)  cumulative change in inflation since the previous price change

8)  single copy sales of magazines for magazine industry 
    (Source:  Magazine Publishers Association)

9)  cumulative change in magazine industry sales since previous price change

10) dummy variable indicating if the observation was included in the 
    econometric analysis
    NOTE:  data from the period 1953-1979 are used for the analysis:  
           27 years for 38 magazines

11) group id numbers corresponding to the groups used in the Chamberlain 
    conditional logit estimation

Magazines: (this list can also be found in the appendix of 
            Cecchetti (Journal of Econometrics 1986))
 1 = Antiques
 2 = Architectural Review
 3 = Atlantic
 4 = Audio
 5 = Better Homes and Gardens
 6 = Business Week
 7 = Commentary
 8 = Consumer Reports 
 9 = Current History
10 = Ebony
11 = Esquire
12 = Films in Review
13 = Foreign Affairs
14 = Good Housekeeping
15 = Harper's Bazaar
16 = Harper's Magazine
17 = High Fidelity
18 = House and Garden
19 = House Beautiful
20 = Interiors
21 = Modern Photography
22 = Motor Trend
23 = Nation
24 = The New Leader
25 = The New Republic
26 = New Yorker
27 = Newsweek
28 = Parents'
29 = Popular Mechanics
30 = Popular Science
31 = Road and Track
32 = Science Digest
33 = Scientific American
34 = Sunset
35 = Time
36 = U.S. News and World Report
37 = Vogue
38 = Yachting