Quick study about how the Taylor rule fits the real historical federal fund rates.
If you're interested in this simply e-mail me and I will provide you my report (french) : antoine.falck@gmail.com
The data analysis and figures were made with R
under the 3.3.2
version.
I use different datas which all are from the official Federal Reserve website https://www.stlouisfed.org. See the report for the the exact links.
The different files are :
DP_LIVE_19012017220247244.csv
which gives the growth values for different countries on different periodsFEDFUNDS.csv
the nominal rates from 1954 to todayFPCPITOTLZGUSA.csv
the inflation in the US since 1960GDPC1.csv
the real GDP of the US
The implementation is given in the principal file plot.r
and needs the zoo
library. The different steps are discribed in the final report.
All the plots given by the program plot.r
are in the folder plot
. They are also part of the interpretation in the final report.
RData
is a binary file were all the R
objects are saved in.