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# Replicate part of Table 1 in James G. MacKinnon, 
# "Numerical Distribution Functions for Unit
# Root and Cointegration Tests", Journal of Applied
# Econometrics, 11 (1996), pp. 601-618.

open jgm-data.gdt
smpl 1955 ;

# unit root tests for short-term interest rate
adf 0 r_s --c
adf 0 r_s --ctt
adf 1 r_s --ctt

# unit root tests for medium-term interest rate
adf 0 r_m --c
adf 0 r_m --ctt --verbose
adf 1 r_m --ctt --verbose

# tests for long rate
adf 0 r_l --ctt
adf 1 r_l --ctt

# CPI inflation rate
adf 1 pi_c --ctt

# inflation measured by GDP deflator
adf 1 pi_y --ctt
adf 2 pi_y --ctt