Adrian R. Fleissig, "The Dynamic Laurent Flexible Functional Form and
the Demand for Money", Journal of Applied Econometrics, Vol. 12, No. 6,
1997, pp. 687-699.

Author information:

  Dept. of Economics
  Saint Louis University
  3674 Lindell Blvd.
  St. Louis, MO 63108

  e-mail: fleissar@sluvca.slu.edu
  phone:  (314) 977-3866

The data are in the file data.af, which is zipped in afdata.zip. This is 
a DOS file.

There are 401 observations, monthly from 1960.1 to 1993.5.
The data are arranged one observation per line, first the year then 
series A1 to A4 and P1 to P4.

Source of Data:

All series used are from

 Thornton, D. and P. Yue (1992). "An Extended Series of Divisia
  Monetary Aggregates," Quarterly Review of the Federal Reserve bank of
  St. Louis, Nov/Dec, 35-52.

 The aggregated data used were constructed by Fisher and Fleissig
  (1995) now forthcoming in Journal of Money, Credit and Banking.


 The data are Divisia aggregated and expressed in real per capita
 terms and discussed in more detail in the paper.

 A1 = CUR,OCD,SNOWC,SNOWT includes Fisher Ideal correction
 A2 = SDCB,SDSL
 A3 = STDCB,STDTH
 A4 = (DUR STOCK,NOND,SER,LEIS)

 P1-P4 = associated user costs for A1-A4