Coen Teulings and Nikolay Zubanov, "Is Economic Recovery a Myth?
Robust Estimation of Impulse Responses", Journal of Applied
Econometrics, Vol. 29, No. 3, 2014, pp. 497-514.

The dataset used in this paper has been compiled from Penn World
Tables and the data on banking crises used in

  Cerra, Valerie, and Sweta Chaman Saxena (2008). "Growth Dynamics: The
  Myth of Economic Recovery." American Economic Review, 98(1): 439-57.

The data spans the period 1974-2001 and covers 99 countries. All data
are gathered in one file, "finaldata", which is accompanied by Stata
.do file "tz-program.do" with the details of the regression
analysis.

The files tz-program.do and finaldata.csv are ASCII files in DOS
format. They are zipped in tz-files.zip. Unix/Linux users should use
"unzip -a". The file finaldata.dta is zipped in tz-data.zip.

The variable names and descriptions are as follows:

  year: the year of the observation

  country: the acronym for the country of the observation

  bc: the banking crisis dummy, 1 in each year of the crisis, 0 otherwise

  pop: country's population, in thousands

  pcgdp: country's per-capita GDP, US$

  name: country's name

  africa: 1 if an African country, 0 otherwise

  transition: 1 if a transition country, 0 otherwise.


Nikolay Zubanov
zubanov [AT] ese.eur.nl