Alexie Onatski and Noah Williams, "Empirical and Policy Performance of a Forward-Looking Monetary Model", Journal of Applied Econometrics, Vol. 25, No. 1, 2010, pp. 145-176. The file awmdb.txt contains Euro-area data as in Smets and Wouters (2003), with the data set described in Fagan, Henry, and Mestre (2001). This file, which is an ASCII file in DOS format, is zipped in the file ow-data.zip. Unix/Linux users should use "unzip -a". The file contains quarterly data from 1970-2002, but the paper only uses the data through 1999 to be comparable to Smets and Wouters. The data series are arranged in columns as follows: PCR ITR YER LNN inf W STN cons inv GDP Empl GDP P infl real wage short rate where the abbreviations should be self-explanatory but are: cons - consumption inv - investment gdp - gdp, output empl - employment gdp p infl - inflation as measured by the gdp price deflator real wage - real wage short rate - short-term rate of interest