Michael P. Clements, Fred Joutz, and Herman Stekler, "An Evaluation of the Forecasts of the Federal Reserve: A Pooled Approach", Journal of Applied Econometrics, Vol. 22, No. 1, 2007, pp. 121-136. The data consist of the Greenbook forecasts of the Federal Reserve. These have been compiled into three ASCII data files, and they are analysed using a program written in GAUSS. The Gauss program is mcjfhs_jae.prg, and the data sets are u.dat, x.dat, and pc.dat. These contain the forecasts for unemployment, real output growth, and inflation, respectively. All four files, which are ASCII files in DOS format, are zipped in the file cjs-data-progs.zip. Unix users should use "unzip -a". The data are described below. Note that missing values are denoted by -1.00e+004 in the data files. Description of data files: The data matrices (`data') u.dat, x.dat, and p.dat contain data for unemployment, real output, and inflation, respectively. The files are 129 by 7. Column 1 contains the date of the forecast 65:4 to 97:4. Column 2 contains the actual data (from 65:4 to 97:4). Column 3 contains the forecasts of the current quarter from the 65:4 to 97:4 Greenbook forecasts. Column 4 contains the forecasts of the next quarter from the 65:4 to 97:4 Greenbook forecasts. And so on up to column 7.