Ralf Brüggemann and Helmut Lütkepohl, "A Small Monetary System for the Euro Area Based on German Data", Journal of Applied Econometrics, Vol. 21, No. 6, 2006, pp. 683-702. The data used in the paper are stored in the file "euromd.dat" (ASCII, DOS-format, 4160 bytes). This file is in turn zipped in the file euromd.zip. We have used quarterly data for the period 1975-2002. Thus the file contains 112 observations (in rows). Row 1 corresponds to 1975Q1, the first quarter of 1975. The last row corresponds to 2002Q4, the last quarter of 2002. The file contains observations on 3 variables (in columns). The columns are ordered as follows: Column (1) gdp: log of real GDP Column (2) m: log of real M3 Column (3) R: long-term interest rate For data sources and precise definitions of gdp, m, and R see Appendix A.1 in the paper.