Program: GAUSS (*.prg, *.src) and STATA codes (*.do) ================================================================================== Table 1 and Figure 1 ======================================= ukcpir_data.prg: filtering data. ukcpir_denf.prg: estimate cross-sectional distribution of sectoral inflation rate. ukcpir_moment.prg: calculate time-varying cross-sectional moments. stats.prg: descriptive statistics moment.do: moment analysis, Table 1 and Figure 1. Figure 2 and 3 ======================================= DGP1.prg: simulation for DGP 1 DGP2.prg: simulation for DGP 2 Figure 4 ======================================= parameter1.do: estimate parameters for the calibration of DGP1 dgp1_dist.prg: estimate distribution of DGP1 parameter2.do: estimate parameters for the calibration of DGP2 dgp2_dist.prg: estimate distribution of DGP2 ukinf_dist.prg: estimate distribution of real data Table 2 and 3 ======================================= moments_dist.prg: 1. calculate central moments for acutal, DGP1 and DGP2, 2. calculate divergence criteria to compare closeness between DGP and actual. Figure 5 ======================================= moments_core.prg: calculate cross-sectional moments using core inflation rates FINF.SRC: collection of module for functional autoregressive model Disutils.src, PROBS.src, TRUNCNORM.src and UNIFORM.src: required external GAUSS source files. Data: ukcpirL3.xlsx =================================================================================== Jan. 1997 - Feb. 2008 from Office for National Statistics, UK. sheet 1: sectoral inflation rates sheet 2: weight 85 sectors id name 1 BREAD & CEREALS 2 MEAT 3 FISH 4 MILK, CHEESE & EGGS 5 OILS & FATS 6 FRUIT 7 VEGETABLES INCLUDING POTATOES AND OTHER TUBERS 8 SUGAR, JAM, HONEY, SYRUPS, CHOCOLATE AND CONFECTIONERY 9 FOOD PRODUCTS 10 COFFEE, TEA, COCOA 11 MINERAL WATERS, SOFT DRINKS AND JUICES 12 SPIRITS 13 WINE (INC PERRY) 14 BEER 15 TOBACCO 16 GARMENTS 17 OTHER ARTICLES OF CLOTHING & CLOTHING ACCESSORIES 18 DRY-CLEANING, REPAIR AND HIRE OF CLOTHING 19 FOOTWEAR INCLUDING REPAIRS 20 ACTUAL RENTS FOR HOUSING 21 PRODUCTS FOR THE REGULAR REPAIR OF DWELLING 22 SERVICES FOR THE REGULAR REPAIR OF DWELLING 23 WATER SUPPLY 24 SEWERAGE COLLECTION 25 ELECTRICITY 26 GAS 27 LIQUID FUELS 28 SOLID FUELS 29 FURNITURE, FURNISHINGS 30 CARPETS & OTHER FLOOR COVERINGS 31 HOUSEHOLD TEXTILES 32 MAJOR HH AND SMALL ELECTRICAL EQUIPMENT 33 REPAIR OF HOUSEHOLD APPLIANCES 34 GLASSWARE, TABLEWARE AND HOUSEHOLD UTENSILS 35 TOOLS AND EQUIPMENT FOR HOUSE AND GARDEN 36 NON-DURABLE HOUSEHOLD GOODS 37 DOMESTIC SERVICES AND HOME CARE SERVICES 38 PHARMACEUTICAL PRODUCTS 39 OTHER MEDICAL AND THERAPEUTIC APPLIANCES 40 MEDICAL SERVICES AND PARAMEDICAL SERVICES 41 DENTAL SERVICES 42 HOSPITAL SERVICES 43 NEW CARS 44 SECOND-HAND CARS 45 MOTOR CYCLES AND BICYCLES 46 SPARE PARTS & ACCESSORIES 47 FUELS & LUBRICANTS 48 MAINTENANCE & REPAIRS 49 OTHER SERVICES FOR PERSONAL TRANSPORT EQUIPMENT 50 PASSENGER TRANSPORT BY RAILWAY 51 PASSENGER TRANSPORT BY ROAD 52 PASSENGER TRANSPORT BY AIR 53 PASSENGER TRANSPORT BY SEA AND INLAND WATERWAY 54 POSTAL SERVICES 55 TELEPHONE AND TELEFAX EQUIPMENT AND SERVICES 56 EQUIPMENT FOR SOUND & PICTURES 57 PHOTOGRAPHIC, CINEMATOGRAPHIC & OPTICAL EQUIP 58 INFORMATION PROCESSING EQUIPMENT 59 RECORDING MEDIA 60 REPAIR OF AUDIO-VISUAL PHOTO. AND DATA PROCESSING EQUIP 61 MAJOR DURABLES FOR IND/OUTDOOR RECREATION 62 GAMES TOYS AND HOBBIES 63 EQUIPMENT FOR SPORT CAMPING AND OPEN-AIR RECREATION 64 GARDEN PLANTS AND FLOWERS 65 PETS AND RELATED PRODUCTS 66 RECREATIONAL AND SPORTING SERVICES 67 CULTURAL SERVICES 68 BOOKS 69 NEWSPAPERS AND PERIODICALS 70 MISC. PRINTED MATTER, STATIONERY AND DRAWING EQ. 71 PACKAGE HOLIDAY 72 EDUCATION 73 RESTAURANTS & CAFES 74 CANTEENS 75 ACCOMMODATION SERVICES 76 HAIRDRESSING SALONS & PERSONAL GROOMING ESTABLISHMENTS 77 APPLIANCES, ARTICLES & PRODUCTS FOR PERSONAL CARE 78 JEWELLERY CLOCKS AND WATCHES 79 OTHER PERSONAL EFFECTS 80 SOCIAL PROTECTION 81 INSURANCE CONNECTED WITH THE DWELLING 82 INSURANCE CONNECTED WITH HEALTH 83 INSURANCE CONNECTED WITH TRANSPORT 84 FINANCIAL SERVICES N.E.C. 85 OTHER SERVICES NEC Data: core.xlsx =================================================================================== Jan. 1997 - Feb. 2008 from Office for National Statistics, UK. sheet 1: sectoral inflation rates sheet 2: weight 72 sectors id name 10 COFFEE, TEA, COCOA 11 MINERAL WATERS, SOFT DRINKS AND JUICES 12 SPIRITS 13 WINE (INC PERRY) 14 BEER 15 TOBACCO 16 GARMENTS 17 OTHER ARTICLES OF CLOTHING & CLOTHING ACCESSORIES 18 DRY-CLEANING, REPAIR AND HIRE OF CLOTHING 19 FOOTWEAR INCLUDING REPAIRS 20 ACTUAL RENTS FOR HOUSING 21 PRODUCTS FOR THE REGULAR REPAIR OF DWELLING 22 SERVICES FOR THE REGULAR REPAIR OF DWELLING 23 WATER SUPPLY 24 SEWERAGE COLLECTION 29 FURNITURE, FURNISHINGS 30 CARPETS & OTHER FLOOR COVERINGS 31 HOUSEHOLD TEXTILES 32 MAJOR HH AND SMALL ELECTRICAL EQUIPMENT 33 REPAIR OF HOUSEHOLD APPLIANCES 34 GLASSWARE, TABLEWARE AND HOUSEHOLD UTENSILS 35 TOOLS AND EQUIPMENT FOR HOUSE AND GARDEN 36 NON-DURABLE HOUSEHOLD GOODS 37 DOMESTIC SERVICES AND HOME CARE SERVICES 38 PHARMACEUTICAL PRODUCTS 39 OTHER MEDICAL AND THERAPEUTIC APPLIANCES 40 MEDICAL SERVICES AND PARAMEDICAL SERVICES 41 DENTAL SERVICES 42 HOSPITAL SERVICES 43 NEW CARS 44 SECOND-HAND CARS 45 MOTOR CYCLES AND BICYCLES 46 SPARE PARTS & ACCESSORIES 47 FUELS & LUBRICANTS 48 MAINTENANCE & REPAIRS 49 OTHER SERVICES FOR PERSONAL TRANSPORT EQUIPMENT 50 PASSENGER TRANSPORT BY RAILWAY 51 PASSENGER TRANSPORT BY ROAD 52 PASSENGER TRANSPORT BY AIR 53 PASSENGER TRANSPORT BY SEA AND INLAND WATERWAY 54 POSTAL SERVICES 55 TELEPHONE AND TELEFAX EQUIPMENT AND SERVICES 56 EQUIPMENT FOR SOUND & PICTURES 57 PHOTOGRAPHIC, CINEMATOGRAPHIC & OPTICAL EQUIP 58 INFORMATION PROCESSING EQUIPMENT 59 RECORDING MEDIA 60 REPAIR OF AUDIO-VISUAL PHOTO. AND DATA PROCESSING EQUIP 61 MAJOR DURABLES FOR IND/OUTDOOR RECREATION 62 GAMES TOYS AND HOBBIES 63 EQUIPMENT FOR SPORT CAMPING AND OPEN-AIR RECREATION 64 GARDEN PLANTS AND FLOWERS 65 PETS AND RELATED PRODUCTS 66 RECREATIONAL AND SPORTING SERVICES 67 CULTURAL SERVICES 68 BOOKS 69 NEWSPAPERS AND PERIODICALS 70 MISC. PRINTED MATTER, STATIONERY AND DRAWING EQ. 71 PACKAGE HOLIDAY 72 EDUCATION 73 RESTAURANTS & CAFES 74 CANTEENS 75 ACCOMMODATION SERVICES 76 HAIRDRESSING SALONS & PERSONAL GROOMING ESTABLISHMENTS 77 APPLIANCES, ARTICLES & PRODUCTS FOR PERSONAL CARE 78 JEWELLERY CLOCKS AND WATCHES 79 OTHER PERSONAL EFFECTS 80 SOCIAL PROTECTION 81 INSURANCE CONNECTED WITH THE DWELLING 82 INSURANCE CONNECTED WITH HEALTH 83 INSURANCE CONNECTED WITH TRANSPORT 84 FINANCIAL SERVICES N.E.C. 85 OTHER SERVICES NEC Data: moments.dta =================================================================================== STATA dataset Variables: mean, standard deviation, skewness, kurtosis and time index Period: Jan/1997 -- Feb/2008 Data: ukinfq.dta =================================================================================== STATA dataset Variables: tid, 85 sectoral inflation rates, wage Period: 1998Q1 -- 2008Q1