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Finance and Economics Discussion Series: Data for paper 2011-39

Belief Dispersion among Household Investors and Stock Trading Volume

Dan Li and Geng Li

Figure 1: Monthly Turnovers and Detrended Turnovers of U.S. Stock Market

ymon turnover detrended turnover
1978m1 1.8569716 -1.151644
1978m2 1.602328 -1.416524
1978m3 2.1899894 -0.8392574
1978m4 2.9842971 -0.0555024
1978m5 3.3433988 0.2928881
1978m6 2.9028268 -0.1585536
1978m7 2.3297618 -0.7426471
1978m8 3.7206642 0.637068
1978m9 2.9260035 -0.1689389
1978m10 2.9239047 -0.1825431
1978m11 2.1877609 -0.9303515
1978m12 2.0699217 -1.060015
1979m1 2.5402183 -0.6017016
1979m2 1.9598632 -1.1942
1979m3 2.7106099 -0.4557564
1979m4 2.5962984 -0.5825309
1979m5 2.5621475 -0.6293048
1979m6 2.9198864 -0.2843492
1979m7 2.6882988 -0.5288805
1979m8 3.2305848 0.0003013
1979m9 2.8408512 -0.4026971
1979m10 3.3921153 0.1351414
1979m11 2.5483463 -0.7222141
1979m12 2.8071133 -0.4771946
1980m1 4.5932898 1.295073
1980m2 3.7084918 0.396205
1980m3 3.371894 0.0453756
1980m4 2.5277106 -0.8132009
1980m5 2.7895054 -0.5659611
1980m6 3.0081463 -0.3620369
1980m7 3.7029932 0.3179312
1980m8 3.4853179 0.0852149
1980m9 3.8042584 0.3889521
1980m10 3.713522 0.2828499
1980m11 3.4622314 0.0160311
1980m12 3.5063453 0.044454
1981m1 3.2392021 -0.2385432
1981m2 2.7276893 -0.7660728
1981m3 3.8352853 0.3253432
1981m4 3.6970821 0.1707967
1981m5 2.9760443 -0.5667477
1981m6 3.4797131 -0.0797491
1981m7 2.9342795 -0.6420165
1981m8 2.8690604 -0.7242334
1981m9 2.9654891 -0.6449664
1981m10 3.0108786 -0.6169026
1981m11 3.0121319 -0.6331394
1981m12 2.9073156 -0.75561
1982m1 2.8734177 -0.8073269
1982m2 2.8785409 -0.8201872
1982m3 3.720411 0.0035346
1982m4 3.3134671 -0.4217225
1982m5 3.0185701 -0.7350978
1982m6 3.2178937 -0.5544177
1982m7 3.3182724 -0.4728479
1982m8 4.8693277 1.059233
1982m9 4.4789295 0.6496949
1982m10 5.9195703 2.07103
1982m11 4.6740463 0.8060343
1982m12 4.369183 0.4815334
1983m1 4.8162006 0.9087471
1983m2 4.2674502 0.3400267
1983m3 5.2930631 1.345503
1983m4 4.9997981 1.031935
1983m5 5.6265373 1.638204
1983m6 5.761215 1.752245
1983m7 4.3919882 0.3622146
1983m8 4.373108 0.3223634
1983m9 4.4092773 0.3373947
1983m10 4.4793362 0.3861479
1983m11 4.3981937 0.2835324
1983m12 4.4060687 0.2697664
1984m1 4.9442223 0.7861115
1984m2 4.3582201 0.1781326
1984m3 4.3355282 0.133296
1984m4 3.9711758 -0.2533694
1984m5 4.3851956 0.1381691
1984m6 3.9955881 -0.2740884
1984m7 3.7987631 -0.4937319
1984m8 5.6183571 1.302875
1984m9 3.9398819 -0.3987567
1984m10 4.7095887 0.3476247
1984m11 4.1088608 -0.2765976
1984m12 4.2931643 -0.1159581
1985m1 6.0954162 1.66246
1985m2 5.3942882 0.9373294
1985m3 5.1564604 0.6753289
1985m4 4.7004886 0.1950143
1985m5 5.2844653 0.7544783
1985m6 4.8087267 0.2540567
1985m7 5.4994876 0.9199644
1985m8 4.6511874 0.0466404
1985m9 4.1353074 -0.4944338
1985m10 5.6084439 0.9533377
1985m11 5.4728452 0.7922031
1985m12 6.3351808 1.628832
1986m1 6.6525916 1.920364
1986m2 6.6061724 1.847896
1986m3 7.3786902 2.594193
1986m4 7.4840933 2.673204
1986m5 6.1942798 1.356826
1986m6 6.1847972 1.320608
1986m7 6.4005721 1.509475
1986m8 5.6072353 0.689058
1986m9 6.1723372 1.226908
1986m10 5.9237158 0.9508617
1986m11 5.6010352 0.600584
1986m12 6.5993929 1.571172
1987m1 7.9452528 2.889089
1987m2 7.0764181 1.992139
1987m3 7.7192632 2.606695
1987m4 7.3411881 2.200158
1987m5 6.2987824 1.129117
1987m6 6.5813323 1.382859
1987m7 7.0101999 1.782744
1987m8 6.9048045 1.648192
1987m9 6.3259777 1.040035
1987m10 9.2558365 3.94039
1987m11 5.5675163 0.2223915
1987m12 6.2958048 0.9208273
1988m1 5.3804085 -0.0245961
1988m2 5.5868259 0.1516196
1988m3 6.5231886 1.057606
1988m4 5.2128382 -0.2832958
1988m5 5.0810054 -0.445855
1988m6 6.4518755 0.8941136
1988m7 5.2165846 -0.3722541
1988m8 5.2331458 -0.3869451
1988m9 4.7628838 -0.888635
1988m10 5.2199205 -0.4632018
1988m11 4.5294796 -1.185422
1988m12 4.832612 -0.9142451
1989m1 5.5652545 -0.213734
1989m2 5.1324417 -0.6788546
1989m3 5.6081188 -0.2356617
1989m4 5.2378314 -0.6386098
1989m5 6.0481726 0.1388941
1989m6 6.1496353 0.2073426
1989m7 5.1594526 -0.8160312
1989m8 6.3225665 0.3137144
1989m9 5.070246 -0.9721515
1989m10 6.3066084 0.230488
1989m11 4.9464426 -1.163578
1989m12 5.2662254 -0.8778734
1990m1 5.9500695 -0.228285
1990m2 4.6734599 -1.539328
1990m3 5.3085158 -0.9388842
1990m4 4.6277702 -1.65442
1990m5 6.0104728 -0.3066854
1990m6 5.3470558 -1.005249
1990m7 5.3703979 -1.017233
1990m8 6.1217303 -0.3014044
1990m9 4.0460624 -2.412755
1990m10 5.3875916 -1.107088
1990m11 4.7200018 -1.810719
1990m12 4.7972414 -1.7697
1991m1 5.5422395 -1.061102
1991m2 6.379387 -0.260534
1991m3 6.1861788 -0.4905016
1991m4 6.7069091 -0.0067104
1991m5 5.8724143 -0.8783244
1991m6 4.960659 -1.827379
1991m7 5.2892496 -1.536268
1991m8 5.770866 -1.092312
1991m9 5.0812722 -1.819746
1991m10 6.3575183 -0.5815209
1991m11 5.7679474 -1.209294
1991m12 6.1733035 -0.8423207
1992m1 8.4805918 1.426404
1992m2 6.6501886 -0.4427451
1992m3 6.231147 -0.9007134
1992m4 6.2538113 -0.9171574
1992m5 5.0971178 -2.113141
1992m6 5.6871756 -1.562555
1992m7 5.7242111 -1.565173
1992m8 4.9980762 -2.331143
1992m9 5.5562344 -1.813003
1992m10 6.2429076 -1.16653
1992m11 6.1727205 -1.2771
1992m12 7.0005876 -0.4897982
1993m1 7.3922742 -0.1388598
1993m2 7.210859 -0.361206
1993m3 7.415243 -0.1979361
1993m4 7.2008194 -0.4536569
1993m5 6.9169048 -0.7790521
1993m6 7.1395217 -0.5980992
1993m7 6.8139571 -0.9655114
1993m8 7.3327502 -0.4887496
1993m9 7.219005 -0.6447101
1993m10 7.8971211 -0.0089931
1993m11 7.5025601 -0.4461375
1993m12 7.3617859 -0.6296793
1994m1 8.0377934 0.0033761
1994m2 7.088832 -0.9887219
1994m3 8.5157546 0.3948794
1994m4 6.5518849 -1.612497
1994m5 6.5636383 -1.644434
1994m6 6.7113961 -1.540553
1994m7 5.7622793 -2.533731
1994m8 7.3060522 -1.034205
1994m9 6.7650764 -1.619613
1994m10 7.1471364 -1.282171
1994m11 6.8988744 -1.575237
1994m12 6.9669994 -1.552102
1995m1 7.3029893 -1.261288
1995m2 6.8912869 -1.718353
1995m3 8.3623814 -0.2928065
1995m4 7.2398783 -1.461045
1995m5 8.5139643 -0.2328802
1995m6 8.7831235 -0.0098294
1995m7 8.6764455 -0.1628026
1995m8 8.9256017 0.0398712
1995m9 8.3749945 -0.5574055
1995m10 9.0867942 0.1075372
1995m11 8.6105619 -0.4157394
1995m12 8.8170552 -0.2564779
1996m1 10.083629 0.9626766
1996m2 9.573387 0.4048266
1996m3 9.5231502 0.3067943
1996m4 9.895158 0.6308184
1996m5 10.953556 1.641044
1996m6 8.790875 -0.569997
1996m7 9.2024632 -0.2069578
1996m8 7.6270261 -1.831133
1996m9 8.2189649 -1.28812
1996m10 9.7283511 0.1721503
1996m11 8.6518495 -0.953656
1996m12 8.9820187 -0.6729807
1997m1 10.919765 1.215082
1997m2 9.1635052 -0.5910504
1997m3 9.0474792 -0.757139
1997m4 9.3148965 -0.5399741
1997m5 9.2849196 -0.6203933
1997m6 9.361565 -0.5943802
1997m7 10.323455 0.3166871
1997m8 9.2634562 -0.7943247
1997m9 9.9265987 -0.1823856
1997m10 12.281264 2.120885
1997m11 8.07919 -2.132773
1997m12 9.8615722 -0.4021671
1998m1 9.6406937 -0.6750124
1998m2 9.4831367 -0.8847275
1998m3 10.862321 0.442107
1998m4 10.779097 0.3063429
1998m5 8.8248329 -1.700654
1998m6 9.5857669 -0.9926444
1998m7 10.332586 -0.2989412
1998m8 9.9827064 -0.7021292
1998m9 10.455442 -0.2828944
1998m10 11.90358 1.111551
1998m11 10.031553 -0.8143604
1998m12 10.942348 0.0423566
1999m1 11.656532 0.7022706
1999m2 10.03454 -0.9741848
1999m3 12.074818 1.011436
1999m4 12.639284 1.521053
1999m5 10.21791 -0.9553635
1999m6 10.321276 -0.9072328
1999m7 10.326852 -0.9570866
1999m8 10.159455 -1.180107
1999m9 10.579606 -0.8157729
1999m10 11.467567 0.0161771
1999m11 12.939618 1.432023
1999m12 13.865835 2.30184
2000m1 14.635515 3.014927
2000m2 14.853158 3.175781
2000m3 17.707286 5.972926
2000m4 13.806264 2.014726
2000m5 12.277497 0.428587
2000m6 12.841119 0.9346411
2000m7 11.643516 -0.3207247
2000m8 12.249603 0.2274044
2000m9 12.53995 0.4595968
2000m10 15.590132 3.451429
2000m11 13.293219 1.095971
2000m12 15.273431 3.017442
2001m1 17.103349 4.788424
2001m2 12.904036 0.5299771
2001m3 16.149203 3.715815
2001m4 15.026971 2.534056
2001m5 14.573002 2.020365
2001m6 13.565708 0.9531519
2001m7 12.288303 -0.3843693
2001m8 12.188474 -0.544512
2001m9 12.09507 -0.6984262
2001m10 16.239995 3.385791
2001m11 14.361793 1.446684
2001m12 13.598387 0.6221763
2002m1 15.399654 2.362143
2002m2 13.480631 0.3816214
2002m3 13.769468 0.608762
2002m4 14.878978 1.656378
2002m5 14.675968 1.391276
2002m6 14.798203 1.45122
2002m7 19.259088 5.849616
2002m8 13.620048 0.1478877
2002m9 12.756788 -0.7782589
2002m10 17.090322 3.492188
2002m11 14.606417 0.9449994
2002m12 12.640874 -1.084028
2003m1 14.362152 0.5735664
2003m2 11.227566 -2.624903
2003m3 13.80976 -0.106791
2003m4 13.608938 -0.3718949
2003m5 15.976388 1.931073
2003m6 16.923867 2.813869
2003m7 15.929033 1.754153
2003m8 12.598898 -1.641064
2003m9 15.927944 1.622698
2003m10 16.716394 2.345665
2003m11 13.258646 -1.177768
2003m12 14.352132 -0.1501674
2004m1 17.949732 3.381346
2004m2 14.471338 -0.163336
2004m3 16.839124 2.137961
2004m4 15.818355 1.050502
2004m5 13.588645 -1.246099
2004m6 13.286524 -1.615314
2004m7 13.894447 -1.074686
2004m8 12.293805 -2.742826
2004m9 12.515892 -2.588438
2004m10 14.4932 -0.6790328
2004m11 14.719036 -0.5213007
2004m12 15.737793 0.4291499
2005m1 15.253705 -0.1234481
2005m2 13.558414 -1.887451
2005m3 15.663268 0.1484881
2005m4 14.874313 -0.7095857
2005m5 13.525237 -2.127983
2005m6 14.318575 -1.404169
2005m7 12.724499 -3.067974
2005m8 13.867724 -1.994681
2005m9 14.442147 -1.490394
2005m10 15.580944 -0.4219366
2005m11 14.621944 -1.45148
2005m12 13.860042 -2.28413
2006m1 16.503458 0.2883341
2006m2 14.47114 -1.815141
2006m3 17.809697 1.452055
2006m4 15.018872 -1.410336
2006m5 18.02404 1.523062
2006m6 17.603606 1.030651
2006m7 14.675131 -1.970005
2006m8 15.538309 -1.179214
2006m9 15.156406 -1.633708
2006m10 17.310256 0.4473443
2006m11 16.58225 -0.3536648
2006m12 14.707425 -2.301699

Figure 2: Monthly Belief Dispersion

ymon unemployment interest rate bexp pexp fbus pca
1978m1 -0.5923128 -0.4926356 -0.6678059 -0.5718787 -0.3830473 0.7340704
1978m2 -0.4875715 -0.4453889 -0.6687449 -0.6214102 -0.3592945 0.9669351
1978m3 -0.6522912 -0.5301169 -0.6772039 -0.630781 -0.4107301 -0.2674347
1978m4 -0.7168193 -0.543218 -0.6149471 -0.5711397 -0.3895518 0.0694637
1978m5 -0.5307595 -0.496589 -0.701878 -0.6567156 -0.4074116 0.2220306
1978m6 -0.6766816 -0.5641915 -0.687902 -0.6133958 -0.3994876 -0.5187421
1978m7 -0.6837519 -0.546645 -0.718389 -0.6589257 -0.4579126 -0.7617006
1978m8 -0.6034045 -0.4905409 -0.6955903 -0.5823488 -0.440133 0.7434092
1978m9 -0.6657565 -0.5573149 -0.6834502 -0.6497004 -0.3951647 -0.7739841
1978m10 -0.7208365 -0.5391647 -0.7051759 -0.5436283 -0.451595 0.200159
1978m11 -0.5446063 -0.5689257 -0.5693712 -0.5424476 -0.4072847 1.609082
1978m12 -0.5717866 -0.5322455 -0.5231737 -0.5272269 -0.3872772 1.889834
1979m1 -0.5819513 -0.55585 -0.5929531 -0.6135274 -0.4203937 0.7018676
1979m2 -0.6330413 -0.4564723 -0.5935671 -0.5353371 -0.4261366 1.630174
1979m3 -0.6056591 -0.5331249 -0.5902383 -0.5766212 -0.460743 1.255183
1979m4 -0.541563 -0.5314513 -0.5717008 -0.5491322 -0.4461012 1.9338
1979m5 -0.5966707 -0.5181684 -0.6271098 -0.5910499 -0.4290691 0.8711028
1979m6 -0.5780535 -0.534829 -0.5441949 -0.5532234 -0.4203843 1.660168
1979m7 -0.5716585 -0.4903977 -0.5694129 -0.5918661 -0.5298713 1.995523
1979m8 -0.5628668 -0.5195845 -0.5841131 -0.6090572 -0.4608586 1.293766
1979m9 -0.5723417 -0.5779514 -0.5684338 -0.5729418 -0.5473137 1.878502
1979m10 -0.5695807 -0.5755435 -0.5850739 -0.5358196 -0.4357573 1.566544
1979m11 -0.5501117 -0.4825057 -0.5926296 -0.6651875 -0.4425745 0.850015
1979m12 -0.5537165 -0.3728953 -0.5315741 -0.5359854 -0.466628 3.029485
1980m1 -0.5316308 -0.4275874 -0.5462108 -0.5562562 -0.4292505 2.436702
1980m2 -0.5162093 -0.4286689 -0.5968469 -0.5434895 -0.4318342 2.398861
1980m3 -0.5730136 -0.5696669 -0.5460839 -0.5571699 -0.4691726 1.752435
1980m4 -0.5561118 -0.4354511 -0.5029182 -0.5120993 -0.4575926 3.062692
1980m5 -0.619556 -0.4197553 -0.4625506 -0.5191167 -0.4673158 2.945846
1980m6 -0.5341452 -0.4316517 -0.4611381 -0.5535007 -0.4025109 2.726948
1980m7 -0.5387825 -0.4319874 -0.5149595 -0.5733047 -0.41112 2.27163
1980m8 -0.48195 -0.4001979 -0.5226121 -0.591444 -0.3963394 2.462955
1980m9 -0.4744862 -0.4356746 -0.5631447 -0.5499935 -0.3603938 2.340125
1980m10 -0.5528872 -0.4025724 -0.5279748 -0.592857 -0.3453573 1.700934
1980m11 -0.5719886 -0.4081876 -0.529369 -0.5043325 -0.3565688 2.472634
1980m12 -0.5178443 -0.4017601 -0.5414151 -0.5355331 -0.3722933 2.55054
1981m1 -0.517306 -0.3626525 -0.5335965 -0.5579761 -0.3834861 2.615912
1981m2 -0.5356339 -0.3526074 -0.5687 -0.5593559 -0.4080769 2.488984
1981m3 -0.546748 -0.3808034 -0.4786111 -0.5393772 -0.4350085 3.105673
1981m4 -0.5252364 -0.3892042 -0.5145708 -0.5642607 -0.4338147 2.762208
1981m5 -0.5757271 -0.4197194 -0.5586553 -0.599915 -0.4225141 1.680039
1981m6 -0.5399009 -0.3852003 -0.5094092 -0.5344042 -0.3763708 2.692555
1981m7 -0.5548243 -0.3855382 -0.5443568 -0.6440454 -0.4110478 1.54539
1981m8 -0.5979267 -0.4298164 -0.5522276 -0.57751 -0.4057815 1.658733
1981m9 -0.5886376 -0.4124149 -0.5486253 -0.5319779 -0.3713548 2.065233
1981m10 -0.5441946 -0.3956153 -0.4887633 -0.6010027 -0.416146 2.299651
1981m11 -0.5211651 -0.3835278 -0.5259009 -0.5580969 -0.4689742 3.006382
1981m12 -0.5181911 -0.418916 -0.4489864 -0.5929137 -0.4478944 2.811822
1982m1 -0.4932954 -0.4075469 -0.4585583 -0.5674232 -0.4274146 3.098914
1982m2 -0.5051695 -0.4141025 -0.4525186 -0.5622323 -0.4348959 3.120232
1982m3 -0.5159436 -0.4297871 -0.5027394 -0.5737661 -0.4250636 2.555805
1982m4 -0.5059868 -0.4454953 -0.4628243 -0.5370213 -0.3729169 2.823081
1982m5 -0.4924209 -0.4451837 -0.4900332 -0.5892089 -0.4046994 2.433055
1982m6 -0.504559 -0.4666884 -0.4398832 -0.5630902 -0.4000623 2.75158
1982m7 -0.5072748 -0.5033098 -0.503464 -0.6032934 -0.3878812 1.780246
1982m8 -0.4820876 -0.4414942 -0.5184531 -0.5578563 -0.3797081 2.530809
1982m9 -0.5111699 -0.4171469 -0.5379629 -0.5966319 -0.3769248 1.972031
1982m10 -0.4761523 -0.4158213 -0.4597062 -0.5480392 -0.3932988 3.159767
1982m11 -0.5280638 -0.4038196 -0.5236246 -0.5370352 -0.3784016 2.591163
1982m12 -0.5017869 -0.4517812 -0.5267304 -0.5563968 -0.3837639 2.358074
1983m1 -0.5485566 -0.4714026 -0.5473349 -0.5411727 -0.3903541 2.06214
1983m2 -0.4973494 -0.4291949 -0.5398693 -0.5721241 -0.381413 2.253422
1983m3 -0.5410519 -0.4940803 -0.5665125 -0.5948271 -0.41772 1.534521
1983m4 -0.5344262 -0.5083893 -0.5716277 -0.6175681 -0.4062247 1.199311
1983m5 -0.586045 -0.5782929 -0.5929127 -0.6365159 -0.4310604 0.4110828
1983m6 -0.6041946 -0.5140935 -0.5981097 -0.679796 -0.4916563 0.4785167
1983m7 -0.5724566 -0.4822952 -0.603168 -0.6738256 -0.4265959 0.4891244
1983m8 -0.5198911 -0.4540439 -0.5840182 -0.5730627 -0.4224674 1.990116
1983m9 -0.5846375 -0.4453402 -0.5774054 -0.6102747 -0.4168597 1.280411
1983m10 -0.5593668 -0.4478821 -0.5571834 -0.586596 -0.4178624 1.762591
1983m11 -0.5891742 -0.4809906 -0.586925 -0.5989715 -0.3593335 0.8350995
1983m12 -0.5523513 -0.4584078 -0.6118895 -0.6599346 -0.396439 0.6428102
1984m1 -0.6187461 -0.5162361 -0.5920796 -0.6472228 -0.4301042 0.3899692
1984m2 -0.6267462 -0.4873256 -0.6286134 -0.5765171 -0.3915562 0.7560136
1984m3 -0.5801986 -0.4958467 -0.6264835 -0.5856768 -0.3716702 0.812234
1984m4 -0.6503251 -0.5457322 -0.6754542 -0.6090776 -0.3719333 -0.3198836
1984m5 -0.64606 -0.5673487 -0.6788308 -0.6080381 -0.3836198 -0.3355115
1984m6 -0.646083 -0.5347089 -0.6630051 -0.6694405 -0.3941899 -0.642351
1984m7 -0.6774337 -0.4966187 -0.6306206 -0.6549969 -0.4002579 -0.3168612
1984m8 -0.6789109 -0.4941656 -0.6108419 -0.6359226 -0.4562427 0.2810733
1984m9 -0.6216412 -0.4861554 -0.593509 -0.6420107 -0.4123233 0.4543722
1984m10 -0.6873941 -0.45487 -0.6062033 -0.6068192 -0.4191002 0.5104895
1984m11 -0.6479154 -0.4398012 -0.6062291 -0.6287337 -0.3836071 0.4102857
1984m12 -0.6329523 -0.4123658 -0.576412 -0.6459512 -0.3854199 0.6240114
1985m1 -0.6836252 -0.4319039 -0.7155213 -0.6735638 -0.4018144 -0.6753472
1985m2 -0.6234978 -0.4570794 -0.6375781 -0.6291221 -0.4187116 0.5051357
1985m3 -0.5795082 -0.4449903 -0.6648014 -0.632635 -0.4121395 0.6140777
1985m4 -0.6307064 -0.4476591 -0.6604362 -0.632802 -0.4210367 0.3620069
1985m5 -0.6475602 -0.4628763 -0.6855664 -0.6245246 -0.3953342 -0.0011788
1985m6 -0.7559241 -0.4488152 -0.7327179 -0.6855835 -0.4106924 -1.347419
1985m7 -0.7558107 -0.4675135 -0.7412722 -0.6502602 -0.4107025 -1.133612
1985m8 -0.6626114 -0.4603695 -0.7394516 -0.6059564 -0.4105487 -0.0985584
1985m9 -0.6774902 -0.4504919 -0.7463372 -0.6316006 -0.4016234 -0.4774918
1985m10 -0.6408086 -0.4554344 -0.6717064 -0.7047187 -0.3835889 -0.6964371
1985m11 -0.7035802 -0.4539237 -0.7873381 -0.6082456 -0.3480459 -0.9328462
1985m12 -0.7076215 -0.4653278 -0.7588109 -0.7228338 -0.3630333 -1.889144
1986m1 -0.6936442 -0.4430346 -0.7457389 -0.6354679 -0.3514992 -0.851166
1986m2 -0.6386404 -0.4889603 -0.7697398 -0.6403763 -0.3699132 -0.7982883
1986m3 -0.6078602 -0.4429085 -0.6597341 -0.5978361 -0.3594674 0.5264776
1986m4 -0.6519935 -0.4384881 -0.7116809 -0.6282366 -0.3867083 -0.1370373
1986m5 -0.6883085 -0.4612299 -0.7273751 -0.6226612 -0.379374 -0.5282619
1986m6 -0.6692052 -0.53231 -0.7944955 -0.6476193 -0.3640379 -1.411822
1986m7 -0.7208702 -0.4787613 -0.8073143 -0.6844649 -0.3770816 -1.834231
1986m8 -0.7082649 -0.4595732 -0.7311928 -0.6209785 -0.3681293 -0.7069508
1986m9 -0.699429 -0.4270725 -0.692821 -0.5988474 -0.368739 -0.0876773
1986m10 -0.7280256 -0.4929126 -0.7770277 -0.6580282 -0.3880114 -1.467259
1986m11 -0.7032465 -0.4879044 -0.760179 -0.6560529 -0.3857455 -1.199839
1986m12 -0.6186162 -0.48706 -0.7251038 -0.6836685 -0.3695507 -0.8572769
1987m1 -0.6420994 -0.4478824 -0.7430969 -0.6279663 -0.3849949 -0.2905418
1987m2 -0.6714 -0.5054426 -0.6838738 -0.6242206 -0.3734685 -0.4470204
1987m3 -0.6074356 -0.4850292 -0.8104047 -0.688285 -0.352567 -1.363685
1987m4 -0.660737 -0.5076211 -0.7920815 -0.6245563 -0.3604075 -1.032175
1987m5 -0.6879137 -0.5943167 -0.743265 -0.7001888 -0.3484114 -2.134748
1987m6 -0.6702342 -0.5915816 -0.7311738 -0.6852523 -0.3509876 -1.793166
1987m7 -0.7179633 -0.5520058 -0.7102853 -0.6616306 -0.3841284 -1.382391
1987m8 -0.7388319 -0.5378281 -0.7411236 -0.5922033 -0.3794554 -0.9577219
1987m9 -0.7511973 -0.5612047 -0.7363492 -0.6038025 -0.3671113 -1.294055
1987m10 -0.6512147 -0.5430785 -0.7267059 -0.6564555 -0.3989347 -0.8919218
1987m11 -0.6995271 -0.4191153 -0.651351 -0.6174377 -0.4169635 0.2489053
1987m12 -0.6564729 -0.4430334 -0.6602033 -0.6332335 -0.3850317 0.0262485
1988m1 -0.7008951 -0.5090486 -0.7482399 -0.718648 -0.4102159 -1.691889
1988m2 -0.6873866 -0.4422141 -0.7462217 -0.6339556 -0.4383117 -0.3205581
1988m3 -0.7754649 -0.4469081 -0.7588736 -0.6930041 -0.4525474 -1.435673
1988m4 -0.7340208 -0.4910607 -0.7213272 -0.6922894 -0.4188975 -1.367027
1988m5 -0.9643037 -0.5510094 -0.6594142 -0.6773291 -0.3920114 -2.712822
1988m6 -0.6915812 -0.5687118 -0.6830961 -0.6222023 -0.3561266 -0.9279676
1988m7 -0.6994569 -0.5282425 -0.6470817 -0.6212499 -0.3582953 -0.5828562
1988m8 -0.6597114 -0.5803369 -0.6588987 -0.6108658 -0.4113054 -0.2484191
1988m9 -0.6533872 -0.544988 -0.7048078 -0.61533 -0.4585576 -0.0730909
1988m10 -0.7828053 -0.5175439 -0.7780159 -0.5989347 -0.4013303 -1.269618
1988m11 -0.7432094 -0.5321836 -0.7807228 -0.6133149 -0.3884327 -1.320748
1988m12 -0.7185094 -0.6053024 -0.7688521 -0.5873081 -0.3867788 -1.197924
1989m1 -0.6487814 -0.5775304 -0.7083659 -0.6114548 -0.3799687 -0.6055561
1989m2 -0.710702 -0.618173 -0.6771036 -0.6014876 -0.4004329 -0.7926628
1989m3 -0.6733142 -0.6170282 -0.7947834 -0.6438238 -0.4389341 -1.37447
1989m4 -0.7119044 -0.6251718 -0.7213958 -0.6053204 -0.4021579 -1.090601
1989m5 -0.6676893 -0.5101758 -0.7132222 -0.5817574 -0.3868972 -0.1136494
1989m6 -0.7864089 -0.4434192 -0.7378432 -0.6651132 -0.3972134 -1.409776
1989m7 -0.7514611 -0.4332631 -0.8466598 -0.6476064 -0.363095 -1.737714
1989m8 -0.709869 -0.4134707 -0.7854592 -0.6410537 -0.3583541 -1.039091
1989m9 -0.826532 -0.4609363 -0.7774515 -0.6400368 -0.3977316 -1.692918
1989m10 -0.7148047 -0.4636388 -0.8157664 -0.619414 -0.4054257 -0.9864254
1989m11 -0.710191 -0.4479334 -0.7973824 -0.6203516 -0.4171482 -0.7359563
1989m12 -0.6651669 -0.4144548 -0.70749 -0.6388867 -0.3599124 -0.3363295
1990m1 -0.6718083 -0.4114965 -0.7697408 -0.6566349 -0.3989432 -0.6457936
1990m2 -0.6475935 -0.440881 -0.7101099 -0.6998138 -0.3613743 -0.9463849
1990m3 -0.7259058 -0.489653 -0.750807 -0.6266023 -0.4126469 -0.862668
1990m4 -0.6824859 -0.484495 -0.7542042 -0.5893563 -0.3902855 -0.3556999
1990m5 -0.6910468 -0.5338327 -0.7723328 -0.626198 -0.3642838 -1.226193
1990m6 -0.6897722 -0.4544794 -0.7513446 -0.6377142 -0.356986 -0.9005691
1990m7 -0.7290784 -0.4528112 -0.8534279 -0.6652221 -0.4228216 -1.569005
1990m8 -0.6075647 -0.4591005 -0.6715894 -0.6699463 -0.4315594 0.0895492
1990m9 -0.5989994 -0.5024221 -0.6479222 -0.6562511 -0.4417826 0.2573208
1990m10 -0.5690228 -0.4681411 -0.532573 -0.5321378 -0.4763311 2.589959
1990m11 -0.599016 -0.4548354 -0.5564479 -0.5650477 -0.5066652 2.191569
1990m12 -0.5906268 -0.3887085 -0.5411296 -0.6761298 -0.4234819 1.088206
1991m1 -0.5614154 -0.3802963 -0.4853759 -0.6422024 -0.5013325 2.350937
1991m2 -0.5254214 -0.3899629 -0.4895781 -0.6855574 -0.4255323 1.666243
1991m3 -0.5908525 -0.4016473 -0.5282482 -0.6301572 -0.4284612 1.568564
1991m4 -0.5348302 -0.4125962 -0.5694551 -0.6539605 -0.4599623 1.585166
1991m5 -0.5810383 -0.4168019 -0.5481004 -0.5714822 -0.4781709 2.297678
1991m6 -0.6154764 -0.4259822 -0.6034875 -0.6248953 -0.4557137 1.117019
1991m7 -0.6275837 -0.4470527 -0.5725606 -0.5899559 -0.4683198 1.517617
1991m8 -0.5860273 -0.436041 -0.6760111 -0.621914 -0.4334063 0.7774969
1991m9 -0.6491498 -0.4681962 -0.6885502 -0.7180972 -0.4367284 -0.73064
1991m10 -0.5518876 -0.4067976 -0.6496406 -0.6829259 -0.442074 0.710472
1991m11 -0.6018873 -0.4076754 -0.6321915 -0.590391 -0.4389708 1.375212
1991m12 -0.5496453 -0.4322684 -0.5404666 -0.573968 -0.4953496 2.527667
1992m1 -0.5519021 -0.4216833 -0.5289882 -0.6457 -0.4723112 1.799735
1992m2 -0.5125481 -0.4389543 -0.5086447 -0.5817499 -0.4505087 2.566272
1992m3 -0.5595483 -0.469649 -0.5500104 -0.6038373 -0.4816149 1.883125
1992m4 -0.5220662 -0.4571266 -0.5637756 -0.6499678 -0.5010443 1.754387
1992m5 -0.5630872 -0.4897267 -0.5688024 -0.623826 -0.4815618 1.478342
1992m6 -0.6198257 -0.4750005 -0.6530502 -0.5688277 -0.5110298 1.457118
1992m7 -0.5449411 -0.4545424 -0.6513552 -0.6352186 -0.5310945 1.47856
1992m8 -0.5856709 -0.4990226 -0.6100429 -0.6159684 -0.4649849 1.069294
1992m9 -0.5697451 -0.4740043 -0.6271036 -0.6604351 -0.4555925 0.7073652
1992m10 -0.5258607 -0.4926009 -0.5698245 -0.6079051 -0.443044 1.628193
1992m11 -0.6508891 -0.502045 -0.6170806 -0.6583138 -0.4600381 0.1861087
1992m12 -0.5655767 -0.5027195 -0.5254087 -0.5753058 -0.4400788 1.873513
1993m1 -0.5608219 -0.5112073 -0.5581234 -0.6152809 -0.4470946 1.343865
1993m2 -0.5307971 -0.4835295 -0.539827 -0.5430087 -0.4179761 2.287743
1993m3 -0.5473948 -0.4688695 -0.5528014 -0.5388546 -0.4383709 2.338366
1993m4 -0.5942767 -0.5185685 -0.5700245 -0.5748114 -0.4066236 1.215955
1993m5 -0.6303604 -0.5142274 -0.6163427 -0.5725488 -0.4199298 0.8704326
1993m6 -0.5978116 -0.5362805 -0.5505463 -0.5198531 -0.5156353 2.34763
1993m7 -0.5747368 -0.5510813 -0.581895 -0.6528603 -0.4704843 0.7185934
1993m8 -0.5694153 -0.5349483 -0.5600088 -0.5437824 -0.4645617 1.963605
1993m9 -0.5732065 -0.5465997 -0.6675329 -0.5744162 -0.444827 0.9210168
1993m10 -0.6017325 -0.5404223 -0.6550831 -0.5874227 -0.4209406 0.5839737
1993m11 -0.5980709 -0.5403317 -0.6120344 -0.6269694 -0.4431134 0.5695222
1993m12 -0.5792745 -0.5159267 -0.7299691 -0.6749796 -0.4564875 -0.2136703
1994m1 -0.6302491 -0.5360343 -0.5914015 -0.6486602 -0.4352099 0.2481158
1994m2 -0.6478353 -0.5367693 -0.6086392 -0.5703295 -0.4506882 0.8930114
1994m3 -0.5880364 -0.5962601 -0.6002704 -0.6391795 -0.4563881 0.3923696
1994m4 -0.6571652 -0.6190305 -0.6364936 -0.6052999 -0.4635229 0.0491523
1994m5 -0.6407195 -0.6155435 -0.7284361 -0.665676 -0.4361054 -1.051519
1994m6 -0.6364587 -0.6099889 -0.6803706 -0.6629552 -0.4538838 -0.6255748
1994m7 -0.6500068 -0.6367016 -0.8193363 -0.7635318 -0.4802773 -2.38466
1994m8 -0.6609622 -0.6300226 -0.6823163 -0.6061189 -0.4350939 -0.4270105
1994m9 -0.5679802 -0.6422064 -0.659281 -0.5967481 -0.4348205 0.2903053
1994m10 -0.7329009 -0.6713578 -0.7622877 -0.7098826 -0.4450138 -2.419452
1994m11 -0.6336051 -0.6286566 -0.6933388 -0.6087171 -0.4152868 -0.4467002
1994m12 -0.5784711 -0.6841209 -0.7288936 -0.5730762 -0.4236111 -0.158797
1995m1 -0.6932185 -0.6430706 -0.7022489 -0.6326482 -0.4141563 -1.157872
1995m2 -0.6744064 -0.5993141 -0.6577891 -0.6513908 -0.4666269 -0.5068738
1995m3 -0.6160405 -0.5668497 -0.6767322 -0.6970637 -0.4082866 -0.8684311
1995m4 -0.6636093 -0.4998594 -0.6794907 -0.6760947 -0.4502418 -0.4330165
1995m5 -0.7449073 -0.5068228 -0.8437397 -0.6570753 -0.4275795 -1.754248
1995m6 -0.7175562 -0.427966 -0.7772905 -0.6287737 -0.4141409 -0.6832563
1995m7 -0.7018245 -0.4123452 -0.7650196 -0.6416478 -0.4017656 -0.6458914
1995m8 -0.7304358 -0.4586111 -0.8331015 -0.6480049 -0.4457424 -1.204567
1995m9 -0.6824015 -0.4672297 -0.821429 -0.6570414 -0.4170719 -1.137033
1995m10 -0.6143953 -0.4842868 -0.7700553 -0.6166883 -0.3849477 -0.3196115
1995m11 -0.6971472 -0.4580383 -0.8214355 -0.6628443 -0.4015252 -1.32631
1995m12 -0.6686255 -0.4690361 -0.6791593 -0.654368 -0.3810834 -0.4909424
1996m1 -0.5911132 -0.452921 -0.719795 -0.6500047 -0.360256 -0.2326845
1996m2 -0.6714051 -0.4185817 -0.6966428 -0.641825 -0.3843844 -0.2302829
1996m3 -0.6729341 -0.4401689 -0.7476366 -0.6626475 -0.3901165 -0.774146
1996m4 -0.6850517 -0.5063564 -0.7564891 -0.6703103 -0.3777859 -1.336144
1996m5 -0.6929217 -0.4757537 -0.6781235 -0.6787962 -0.3645157 -0.9910452
1996m6 -0.6713961 -0.4850382 -0.7587668 -0.6801637 -0.3654318 -1.332026
1996m7 -0.699488 -0.5052695 -0.6928214 -0.6597605 -0.3622915 -1.069078
1996m8 -0.6660079 -0.5230636 -0.7453775 -0.5728617 -0.3858971 -0.2490233
1996m9 -0.6707581 -0.5405456 -0.7850729 -0.6524301 -0.3674832 -1.437146
1996m10 -0.743795 -0.5501467 -0.7440483 -0.6500035 -0.362052 -1.715099
1996m11 -0.7537242 -0.5533296 -0.7350254 -0.6581889 -0.3615954 -1.824458
1996m12 -0.7910973 -0.5309449 -0.8093665 -0.6879389 -0.3779704 -2.535786
1997m1 -0.6387313 -0.5186764 -0.755858 -0.6002116 -0.36346 -0.5071553
1997m2 -0.7104503 -0.5369918 -0.8043563 -0.5821505 -0.3966395 -0.9202639
1997m3 -0.7451625 -0.5604919 -0.7846243 -0.68376 -0.3773036 -2.225734
1997m4 -0.7178884 -0.6157917 -0.8366429 -0.6233954 -0.3859497 -1.950165
1997m5 -0.7422683 -0.6052793 -0.783976 -0.6088285 -0.3847118 -1.640684
1997m6 -0.8310294 -0.571392 -0.8411098 -0.7159025 -0.3714486 -3.433844
1997m7 -0.7362779 -0.5155384 -0.8709305 -0.682299 -0.3519254 -2.543668
1997m8 -0.7863096 -0.5357018 -0.7103078 -0.6545762 -0.3602897 -1.784869
1997m9 -0.7422948 -0.5374269 -0.7543867 -0.6443382 -0.3692446 -1.607804
1997m10 -0.7321426 -0.5382522 -0.8157531 -0.6567162 -0.3764091 -1.951097
1997m11 -0.828725 -0.5295405 -0.8587015 -0.6463148 -0.3796093 -2.60208
1997m12 -0.6151139 -0.5184741 -0.7431442 -0.6529065 -0.3290332 -0.9970237
1998m1 -0.6977602 -0.506075 -0.8574439 -0.6203786 -0.3344607 -1.692515
1998m2 -0.7723896 -0.4972196 -0.8049071 -0.6521577 -0.3091095 -2.277412
1998m3 -0.7452709 -0.5227705 -0.7784185 -0.6955628 -0.3441493 -2.319387
1998m4 -0.8463725 -0.5336193 -0.7707949 -0.6487849 -0.3361654 -2.531169
1998m5 -0.7933781 -0.5669518 -0.9326861 -0.7027436 -0.298701 -3.935712
1998m6 -0.6342542 -0.5121783 -0.8335218 -0.6722997 -0.3257682 -1.762117
1998m7 -0.7731934 -0.5567117 -0.8224396 -0.6416975 -0.31872 -2.489549
1998m8 -0.7262685 -0.5130669 -0.7197349 -0.6365684 -0.3003539 -1.522392
1998m9 -0.7934937 -0.4246821 -0.6916195 -0.6281049 -0.3064697 -1.265885
1998m10 -0.6866339 -0.3951776 -0.7014204 -0.6378619 -0.3137196 -0.5909324
1998m11 -0.6380609 -0.464675 -0.7555082 -0.6673673 -0.3465211 -1.000536
1998m12 -0.646932 -0.5013051 -0.701122 -0.683264 -0.3412002 -1.119992
1999m1 -0.7686813 -0.5384442 -0.7192625 -0.6329162 -0.3532832 -1.565743
1999m2 -0.7631187 -0.5311248 -0.7941229 -0.6650769 -0.384587 -2.029562
1999m3 -0.8097037 -0.5373765 -0.7972405 -0.658528 -0.397056 -2.224267
1999m4 -0.8364415 -0.5359254 -0.8325341 -0.6142122 -0.3728925 -2.266743
1999m5 -0.8125802 -0.5606105 -0.8165087 -0.6248796 -0.3652602 -2.296022
1999m6 -0.8534512 -0.5493832 -0.7758519 -0.7186729 -0.38076 -3.104806
1999m7 -0.890527 -0.5674138 -0.8881211 -0.6838609 -0.3779649 -3.674888
1999m8 -0.7523107 -0.6044921 -0.7970404 -0.6081205 -0.3848526 -1.758471
1999m9 -0.8328324 -0.5738656 -0.8185496 -0.6601482 -0.3947625 -2.669446
1999m10 -0.8182169 -0.5825206 -0.7943931 -0.703217 -0.3634188 -3.083994
1999m11 -0.7301179 -0.5227723 -0.7244243 -0.6585913 -0.3684347 -1.453848
1999m12 -0.8223373 -0.5902846 -0.8194302 -0.643879 -0.3788184 -2.614805
2000m1 -0.826973 -0.5984609 -0.8770223 -0.6943312 -0.4139546 -3.276903
2000m2 -0.8432954 -0.6470876 -0.8861678 -0.6443772 -0.4027413 -3.221275
2000m3 -0.8408884 -0.6635212 -0.7916822 -0.5890691 -0.3957024 -2.29035
2000m4 -0.8228509 -0.6096416 -0.889109 -0.6471796 -0.374599 -3.124662
2000m5 -0.8759051 -0.659661 -0.7950016 -0.6745481 -0.4049276 -3.280503
2000m6 -0.7761679 -0.6161022 -0.8079256 -0.6448506 -0.3869678 -2.35703
2000m7 -0.7978505 -0.548669 -0.7593036 -0.6699843 -0.4009594 -2.095386
2000m8 -0.7711451 -0.525306 -0.8338699 -0.6196278 -0.3875383 -1.80224
2000m9 -0.8138729 -0.550515 -0.8806181 -0.60572 -0.4317287 -2.04176
2000m10 -0.744106 -0.5354891 -0.6743475 -0.6738463 -0.4063151 -1.274736
2000m11 -0.7398289 -0.5240987 -0.7285174 -0.6330889 -0.3819142 -1.218662
2000m12 -0.604293 -0.4497831 -0.6240725 -0.6204009 -0.3442937 0.4008409
2001m1 -0.5835412 -0.374525 -0.6148535 -0.6154689 -0.3821317 1.17182
2001m2 -0.5465167 -0.3883347 -0.5221173 -0.5987022 -0.3410666 1.75444
2001m3 -0.615296 -0.3983154 -0.6051473 -0.6425058 -0.3497499 0.4821705
2001m4 -0.5865484 -0.389814 -0.5713797 -0.5673201 -0.3482711 1.592122
2001m5 -0.5832871 -0.3861958 -0.5283512 -0.625825 -0.3488328 1.288583
2001m6 -0.5955994 -0.3893498 -0.5632181 -0.6184679 -0.3629736 1.166745
2001m7 -0.5915265 -0.4138841 -0.6105428 -0.6210135 -0.3437735 0.7028817
2001m8 -0.5560658 -0.4346427 -0.5435693 -0.609974 -0.3916296 1.542907
2001m9 -0.5381424 -0.3833724 -0.4835249 -0.6444266 -0.363929 1.711244
2001m10 -0.5316111 -0.4127634 -0.4517685 -0.627022 -0.357657 1.917516
2001m11 -0.5083913 -0.426083 -0.4733951 -0.6188892 -0.3670214 2.015083
2001m12 -0.5092466 -0.4531633 -0.4963722 -0.6016501 -0.3228771 1.691781
2002m1 -0.5122891 -0.4267454 -0.4724042 -0.5770461 -0.3550429 2.333657
2002m2 -0.527163 -0.4862404 -0.5437552 -0.6446785 -0.3216095 0.7615915
2002m3 -0.5098858 -0.5048985 -0.5544292 -0.6362349 -0.3298854 0.8531569
2002m4 -0.536249 -0.5479583 -0.5358562 -0.5617362 -0.3377368 1.360701
2002m5 -0.6042759 -0.4955756 -0.6354513 -0.6427643 -0.3529321 -0.0357039
2002m6 -0.6329346 -0.5057984 -0.5737281 -0.6343865 -0.3411736 0.0832291
2002m7 -0.579435 -0.5088401 -0.5988905 -0.6376366 -0.3608947 0.3388145
2002m8 -0.5884778 -0.5200202 -0.5565789 -0.6434515 -0.3272316 0.2128841
2002m9 -0.5907557 -0.5281031 -0.5164716 -0.5981957 -0.3454767 0.910886
2002m10 -0.5323809 -0.4709939 -0.5485108 -0.5608149 -0.3469313 1.726787
2002m11 -0.6006356 -0.5120706 -0.5009881 -0.6266704 -0.3299105 0.6429881
2002m12 -0.5407292 -0.5459076 -0.5723726 -0.6491324 -0.326045 0.2404578
2003m1 -0.5879133 -0.4833026 -0.5380374 -0.6131463 -0.3842123 1.086615
2003m2 -0.550746 -0.5498179 -0.4838817 -0.585094 -0.3741745 1.509402
2003m3 -0.5482673 -0.5286987 -0.4872662 -0.5387173 -0.3673288 2.014758
2003m4 -0.562543 -0.5205237 -0.4994819 -0.6164922 -0.363486 1.126268
2003m5 -0.5781339 -0.5192719 -0.5455964 -0.6191227 -0.3570641 0.7360519
2003m6 -0.5421052 -0.5317019 -0.5376365 -0.5724126 -0.3517773 1.363305
2003m7 -0.5762588 -0.513764 -0.5711269 -0.6218691 -0.3633907 0.6472499
2003m8 -0.5814108 -0.5305065 -0.558479 -0.6336974 -0.356826 0.4553227
2003m9 -0.5985779 -0.5576721 -0.6017944 -0.6065084 -0.3700401 0.338263
2003m10 -0.5475053 -0.5646058 -0.5554308 -0.6496552 -0.3657748 0.4161673
2003m11 -0.5222106 -0.5710092 -0.5410967 -0.6984495 -0.3646731 0.1358123
2003m12 -0.5542743 -0.5594944 -0.5879722 -0.613425 -0.3847001 0.6838393
2004m1 -0.5785365 -0.5821205 -0.615779 -0.6428642 -0.3959854 0.0655859
2004m2 -0.6109893 -0.5729893 -0.6082945 -0.6364779 -0.3552609 -0.2121599
2004m3 -0.5585904 -0.5515078 -0.6362491 -0.5794372 -0.3363121 0.505787
2004m4 -0.599596 -0.5681853 -0.6377717 -0.62397 -0.3622765 -0.1154005
2004m5 -0.5774128 -0.7473987 -0.5951103 -0.6843148 -0.3689623 -1.120224
2004m6 -0.5854999 -0.6816127 -0.5725715 -0.6187208 -0.3714303 -0.1032852
2004m7 -0.5778667 -0.6986204 -0.5532359 -0.6227276 -0.3622167 -0.1227907
2004m8 -0.6192818 -0.6464188 -0.5896244 -0.6927278 -0.3660111 -0.9846295
2004m9 -0.6012429 -0.6306542 -0.5686294 -0.6007338 -0.3717664 0.2295207
2004m10 -0.642594 -0.6041407 -0.6279575 -0.7117484 -0.368778 -1.303275
2004m11 -0.6047819 -0.6335397 -0.5792354 -0.662021 -0.3622465 -0.5070341
2004m12 -0.6401682 -0.6352605 -0.5743939 -0.6682466 -0.3880553 -0.622443
2005m1 -0.6118875 -0.6152066 -0.6069172 -0.6497331 -0.3848352 -0.3681049
2005m2 -0.6763761 -0.6566556 -0.6396352 -0.7091136 -0.3829976 -1.703441
2005m3 -0.693626 -0.6752563 -0.6990947 -0.6389936 -0.3745224 -1.569184
2005m4 -0.6202478 -0.6671903 -0.6471938 -0.750778 -0.3736865 -1.906075
2005m5 -0.5786107 -0.6395962 -0.6874265 -0.6942581 -0.3773917 -1.170256
2005m6 -0.6714513 -0.6117904 -0.6796066 -0.6914995 -0.3780453 -1.535037
2005m7 -0.7240022 -0.680195 -0.6272146 -0.6545314 -0.3730606 -1.559033
2005m8 -0.665504 -0.678881 -0.6750172 -0.6411198 -0.3754669 -1.30511
2005m9 -0.5778679 -0.6515016 -0.6435468 -0.6196193 -0.3969658 -0.1593564
2005m10 -0.5232696 -0.6437871 -0.5748174 -0.6990307 -0.4100964 -0.1330322
2005m11 -0.6477106 -0.6506808 -0.6189206 -0.6224539 -0.3843295 -0.5468719
2005m12 -0.5737467 -0.6338912 -0.6360328 -0.6267287 -0.3843566 -0.1534712
2006m1 -0.6628369 -0.6258561 -0.6947814 -0.7199816 -0.3800076 -1.891369
2006m2 -0.6230713 -0.6192819 -0.6661543 -0.6671809 -0.3857932 -0.927477
2006m3 -0.5828425 -0.6275693 -0.6590021 -0.7364995 -0.3796551 -1.390161
2006m4 -0.6064174 -0.6303722 -0.6724761 -0.6217723 -0.3848332 -0.4748594
2006m5 -0.5984687 -0.662228 -0.6593419 -0.6453902 -0.3815238 -0.749972
2006m6 -0.650006 -0.6587523 -0.7236308 -0.6902717 -0.3892459 -1.774683
2006m7 -0.6848434 -0.6510095 -0.7903827 -0.7073176 -0.4023933 -2.392013
2006m8 -0.6299134 -0.6280638 -0.706588 -0.6661862 -0.392995 -1.170612
2006m9 -0.6056798 -0.5478829 -0.7347242 -0.7016319 -0.3879188 -1.178515
2006m10 -0.8026599 -0.5391881 -0.7068048 -0.665456 -0.3833816 -1.860079
2006m11 -0.7980062 -0.5171943 -0.7450244 -0.7429993 -0.3798169 -2.703205
2006m12 -0.6962 -0.5288877 -0.853037 -0.7077249 -0.3820981 -2.349036

Figure 3: Monthly Dispersion of Belief Changes (DBC)

ymon dratex dunemp dbexp dpexp dbus5 pca1
1978m1 0.34253393 0.29476219 0.21645887 0.21215836 0.29301252 1.148047
1978m11 0.2898115 0.33365602 0.30242221 0.27647992 0.34063782 2.745402
1978m12 0.23392143 0.25616868 0.25984234 0.20429652 0.24651725 0.5591178
1979m1 0.28377758 0.22458168 0.28112791 0.19908513 0.22600782 0.7811047
1979m2 0.29559973 0.2526803 0.26198038 0.18281574 0.27732007 0.5906836
1979m3 0.26311373 0.19291404 0.17211304 0.12873709 0.21422563 -1.675132
1979m4 0.22815054 0.20346513 0.24016313 0.18856754 0.22931953 -0.4112116
1979m5 0.2838815 0.21660419 0.23448098 0.19083494 0.1637839 0.3142027
1979m6 0.37092474 0.20778619 0.20490752 0.18500521 0.184883 0.3140018
1979m7 0.39874887 0.28755326 0.24780427 0.25413686 0.23744975 2.466442
1979m8 0.35267361 0.25178177 0.30856438 0.23472265 0.2533964 2.149052
1979m9 0.32814624 0.23217758 0.22483377 0.24258642 0.22181273 1.043676
1979m10 0.39245895 0.26026302 0.28388411 0.26226763 0.24141956 2.590636
1979m11 0.4574404 0.26941173 0.29736445 0.23533085 0.3223996 2.663732
1979m12 0.34369337 0.26907006 0.35535907 0.26032762 0.26393683 3.055499
1980m1 0.43064406 0.26090715 0.25604653 0.16416392 0.26314458 1.350264
1980m2 0.41646272 0.31380649 0.31682549 0.23245272 0.3006295 3.164957
1980m4 0.42648953 0.36315635 0.30904755 0.23141336 0.33213867 3.577537
1980m5 0.45180997 0.37331481 0.35330105 0.27175186 0.33602616 4.791921
1980m7 0.33342711 0.29486597 0.32859257 0.22202874 0.30333369 2.404611
1980m8 0.40960988 0.29795456 0.21500333 0.26847918 0.28550464 2.274923
1980m9 0.42929882 0.33771279 0.25942124 0.20869011 0.28103996 2.690881
1980m10 0.4002505 0.31280843 0.28420268 0.24703867 0.26039022 3.00128
1980m11 0.36008573 0.25838477 0.26120655 0.21166252 0.32676949 1.212324
1980m12 0.35805698 0.28912547 0.23289749 0.22619187 0.35174004 1.306388
1981m1 0.34772321 0.35866144 0.2322866 0.19537281 0.22541531 2.150162
1981m2 0.35469905 0.1825798 0.24832175 0.25483589 0.29719171 0.7687917
1981m3 0.34583847 0.23942479 0.2261596 0.21593022 0.26662962 0.7879297
1981m4 0.32584495 0.26864667 0.27588785 0.25152479 0.25514068 1.986064
1981m5 0.3982981 0.2718636 0.23104455 0.17756134 0.293212 1.023819
1981m6 0.35015496 0.2895101 0.29040169 0.18349132 0.3360849 1.471892
1981m7 0.38549077 0.25982794 0.21643454 0.19232584 0.27424148 0.878484
1981m8 0.35784594 0.25388921 0.29217731 0.15236049 0.23328433 1.169858
1981m9 0.26160222 0.26438501 0.30725881 0.1909047 0.27893272 1.087403
1981m10 0.27012715 0.30417998 0.32427581 0.20639626 0.28272381 1.9468
1981m11 0.32092702 0.26571074 0.28523806 0.23970983 0.22844221 1.990426
1981m12 0.33242539 0.26585444 0.27195273 0.23884982 0.27294481 1.743828
1982m1 0.30743527 0.29586418 0.3020801 0.19593855 0.32045049 1.591868
1982m2 0.27917977 0.27226044 0.25125226 0.24984646 0.27252895 1.362803
1982m3 0.33745318 0.30513671 0.25404613 0.15351712 0.277989 1.042761
1982m4 0.31559962 0.19839086 0.24059691 0.22968409 0.3156091 0.2525585
1982m6 0.29150619 0.30218771 0.22473397 0.20382076 0.3023355 0.8591687
1982m7 0.34033418 0.27975336 0.28459016 0.23477323 0.3240913 1.856381
1982m8 0.36169079 0.32282746 0.25849598 0.29179976 0.3427078 2.773927
1982m9 0.30410813 0.25805316 0.23871497 0.20287399 0.2436167 0.8034519
1982m10 0.35023763 0.30863706 0.22689786 0.19772052 0.31629599 1.222041
1982m11 0.28686968 0.34625608 0.23855697 0.18760034 0.31833257 1.240899
1982m12 0.33329374 0.304718 0.24642563 0.22098113 0.25629358 1.770332
1983m1 0.35968979 0.29104835 0.19012025 0.17885356 0.33585371 0.3894912
1983m2 0.40087459 0.31836451 0.26686415 0.21427447 0.28139968 2.427348
1983m3 0.38077067 0.26136522 0.1866361 0.17865472 0.28601035 0.3360223
1983m4 0.2976898 0.20802566 0.16816958 0.20664718 0.28708554 -0.7114301
1983m5 0.28777437 0.21894382 0 0.17482912 0.2630815 -2.785247
1983m6 0.32091059 0.24582067 0.20571865 0.1885902 0.33430936 -0.0928743
1983m7 0.31117875 0.25504878 0.16806677 0.23182311 0.28928588 0.1888436
1983m8 0.27428811 0.24302839 0.20452179 0.18201624 0.23245476 -0.137028
1983m9 0.29632232 0.27635691 0.24192263 0.24839463 0.35789377 1.082227
1983m10 0.33538685 0.21821223 0.21966222 0.18624674 0.31374657 -0.1072038
1983m11 0.37333325 0.26366371 0.21741498 0.18980258 0.33641279 0.5911813
1983m12 0.33571419 0.24392486 0.26041194 0.15870113 0.2866235 0.4300413
1984m1 0.31381923 0.22343678 0.20583334 0.14791674 0.28634403 -0.6733861
1984m2 0.28747232 0.27696203 0.2320782 0.2085229 0.26780911 0.8090706
1984m3 0.32066533 0.25989632 0.25987739 0.21702481 0.30170575 1.10996
1984m4 0.35790524 0.27123659 0.25590623 0.22194749 0.30294016 1.491502
1984m5 0.34614615 0.22075462 0.18393974 0.16865793 0.32081047 -0.6285568
1984m6 0.36104006 0.23457134 0.18236419 0.14646281 0.2443278 -0.3542918
1984m7 0.37184334 0.17477941 0.17690966 0.14707994 0.30251168 -1.236801
1984m8 0.33774769 0.22019216 0.22934628 0.23698627 0.26068076 0.8110384
1984m9 0.29547031 0.20730207 0.19680007 0.20102131 0.20354861 -0.1671527
1984m10 0.30979491 0.22456297 0.20025531 0.18042911 0.24656585 -0.2319765
1984m11 0.31288222 0.21361272 0.24526256 0.16902917 0.28263156 -0.1020603
1984m12 0.36212952 0.17970822 0.21172083 0.14056428 0.2538583 -0.749907
1985m1 0.33931823 0.16984323 0.09680764 0.19349419 0.27554351 -1.768839
1985m2 0.36214683 0.22041101 0.18400567 0.15179435 0.23104684 -0.3801675
1985m3 0.32566894 0.25457882 0.18811363 0.17542077 0.30033843 -0.1781442
1985m4 0.34472184 0.30012327 0.20299354 0.20718248 0.27493373 1.085978
1985m5 0.36046727 0.22409705 0.18086493 0.17333437 0.3055105 -0.4199232
1985m6 0.30152541 0.23451829 0.18424923 0.16699139 0.27349057 -0.6032327
1985m7 0.31338481 0.25623927 0.21542339 0.19690645 0.2895263 0.3460035
1985m8 0.35396795 0.22682323 0.15894779 0.18811494 0.28893023 -0.445146
1985m9 0.36803974 0.26025305 0.185048 0.19676104 0.31410576 0.3211859
1985m10 0.32995171 0.21093347 0.23172188 0.17498735 0.27572054 -0.0769547
1985m11 0.31289358 0.23036195 0.17870861 0.16167594 0.26122926 -0.6512473
1985m12 0.36564444 0.26956246 0.19107596 0.14933049 0.29742022 0.0047332
1986m1 0.37225097 0.16450712 0.15603492 0.17314583 0.31411836 -1.331412
1986m2 0.37491347 0.2838728 0.22805962 0.18090695 0.3179916 0.9185413
1986m3 0.37705721 0.26471592 0.23036687 0.17495493 0.26464598 0.8726836
1986m4 0.33137753 0.2792984 0.23374956 0.1866915 0.32974854 0.6640409
1986m5 0.40086827 0.22054359 0.21806802 0.15511155 0.2485289 0.2256226
1986m6 0.32069664 0.19171348 0.23159397 0.16294971 0.30491785 -0.6041555
1986m7 0.39223877 0.26114545 0.21992052 0.16041794 0.33674366 0.3812453
1986m8 0.31626028 0.21667772 0.23941693 0.15565971 0.26650933 -0.2002876
1986m9 0.35476911 0.25241462 0.22168318 0.16385401 0.32937206 0.1210129
1986m10 0.29546052 0.17278715 0.21661549 0.14108905 0.34830247 -1.562088
1986m11 0.34773892 0.26644124 0.24289574 0.19452335 0.27793813 1.009493
1986m12 0.35302583 0.25699948 0.24273521 0.15263361 0.37662226 0.0908938
1987m1 0.36556816 0.24301534 0.17733942 0.13740857 0.34889681 -0.7786771
1987m2 0.3598788 0.24089018 0.22820833 0.26248545 0.28036255 1.394603
1987m3 0.32972912 0.23421184 0.21934173 0.13335679 0.31592835 -0.5717241
1987m4 0.29882361 0.26879161 0.14948295 0.19741201 0.30615086 -0.3940584
1987m5 0.38335998 0.2696119 0.27372775 0.17526639 0.29152517 1.353113
1987m6 0.33785432 0.24057038 0.1936593 0.14927127 0.30195735 -0.4979252
1987m7 0.29622634 0.27381534 0.23072947 0.15944733 0.29011956 0.1773048
1987m8 0.3370213 0.30092999 0.24172153 0.16541195 0.28901746 0.9484796
1987m9 0.33700412 0.24553344 0.19176658 0.17101379 0.28205497 -0.1473861
1987m10 0.32580588 0.27348691 0.20015189 0.1778226 0.31839306 0.1311551
1987m11 0.35052616 0.18249081 0.24996573 0.18795907 0.29727183 0.0021055
1987m12 0.31163678 0.2644926 0.23198959 0.23341273 0.25984959 1.136284
1988m1 0.32029978 0.193979 0.23266033 0.18251214 0.35327034 -0.5294114
1988m2 0.38701044 0.25335997 0.18063626 0.13479106 0.26776083 -0.2080912
1988m3 0.31238232 0.19196036 0.23749444 0.22853824 0.30034252 0.1680099
1988m4 0.29871957 0.25407862 0.21450181 0.18798295 0.27642836 0.162858
1988m5 0.27520771 0.13090835 0.16653371 0.12269513 0.37217686 -3.025481
1988m6 0.21753297 0.27225526 0.21498651 0.20824631 0.31645404 -0.0801876
1988m7 0.2693952 0.22989397 0.17372951 0.14033662 0.34293877 -1.546084
1988m8 0.28214028 0.22354096 0.25573967 0.17666544 0.27092278 0.055103
1988m9 0.27592464 0.25644421 0.20499483 0.15297079 0.23687131 -0.3129914
1988m10 0.19640209 0.25085576 0.20597305 0.17832804 0.26904401 -0.7235458
1988m11 0.33208429 0.25867681 0.16465119 0.19934601 0.2592776 0.0754545
1988m12 0.36710832 0.21776258 0.20578493 0.18114445 0.29989425 -0.0629271
1989m1 0.3470317 0.1190696 0.11953478 0.15215862 0.28629218 -2.552886
1989m2 0.39200248 0.23829308 0.21714585 0.14209058 0.23563214 0.260615
1989m3 0.31932239 0.18926403 0.13391797 0.15515363 0.3094247 -1.82848
1989m4 0.33488998 0.22755178 0.20061473 0.17386401 0.30754991 -0.3317715
1989m5 0.30191214 0.22622629 0.25735233 0.17297883 0.2839689 0.1431376
1989m6 0.38685997 0.21734349 0.20926793 0.15825672 0.3341493 -0.2863864
1989m7 0.3919332 0.19500981 0.19482854 0.1357386 0.28276873 -0.7294111
1989m8 0.35028977 0.24559044 0.21183384 0.16845162 0.28896986 0.1081761
1989m9 0.32699417 0.23900056 0.16291485 0.1781665 0.30035168 -0.5952786
1989m10 0.3685976 0.25607092 0.16162361 0.14633508 0.26813296 -0.3799635
1989m11 0.30852582 0.23184399 0.19270762 0.16910868 0.27843697 -0.4885378
1989m12 0.33842374 0.24783666 0.1789421 0.1700562 0.23364032 -0.083002
1990m1 0.41301116 0.23877189 0.26032488 0.14379293 0.29361638 0.6844789
1990m2 0.38489893 0.18998676 0.25339641 0.1411217 0.24441631 0.0207445
1990m3 0.30596758 0.22488827 0.22884434 0.17559745 0.23839438 0.0393499
1990m4 0.28729247 0.24453959 0.18606932 0.24090009 0.32432064 0.0823417
1990m5 0.29874541 0.2315515 0.22118124 0.20924681 0.31384828 0.080131
1990m6 0.42329373 0.21894416 0.29133633 0.19872392 0.24157508 1.686064
1990m7 0.43403234 0.21606848 0.24158606 0.22391365 0.2932252 1.263682
1990m8 0.46017156 0.21873118 0.28293136 0.1720303 0.29443087 1.333161
1990m9 0.45413547 0.33662609 0.37709869 0.22716039 0.28322671 4.346555
1990m10 0.43766205 0.28390977 0.35947451 0.27257274 0.29403471 3.91454
1990m11 0.44362903 0.22405769 0.34015654 0.23555151 0.26296157 2.755328
1990m12 0.33179347 0.27160676 0.31172638 0.19738601 0.22063378 1.973501
1991m1 0.35351287 0.38335927 0.32985448 0.22110168 0.2980087 3.569456
1991m2 0.41725477 0.27869667 0.30611543 0.16571702 0.29414915 1.920942
1991m3 0.34869132 0.29389052 0.2140765 0.14891187 0.21715892 0.721864
1991m4 0.37606754 0.19140978 0.19538408 0.18891328 0.25553512 -0.1653735
1991m5 0.34836307 0.20907857 0.20043413 0.2291112 0.20883267 0.5393961
1991m6 0.38778738 0.26080501 0.20221917 0.21350823 0.26548357 1.019593
1991m7 0.44453786 0.23226047 0.18833179 0.19187381 0.25959361 0.6913936
1991m8 0.43482201 0.27960639 0.23194201 0.23753299 0.27179659 2.120958
1991m9 0.40720255 0.22614801 0.1970164 0.14370678 0.28525098 -0.168781
1991m10 0.29794472 0.31938992 0.21900681 0.05970739 0.24598242 -0.3835918
1991m11 0.37438415 0.28764996 0.24638209 0.11802977 0.27105417 0.6264123
1991m12 0.36463754 0.22468764 0.2686957 0.22996513 0.25736406 1.408429
1992m1 0.34997569 0.23104505 0.29011857 0.23241437 0.32160093 1.408369
1992m2 0.27938927 0.23875514 0.20027083 0.2374035 0.24210454 0.3907231
1992m3 0.36116781 0.21042713 0.18060735 0.18751926 0.22757265 -0.1211717
1992m4 0.32736712 0.26861763 0.25631312 0.16858823 0.34507476 0.5036577
1992m5 0.3696505 0.26655551 0.27420476 0.21830914 0.30863861 1.655692
1992m6 0.33744631 0.28040671 0.24483452 0.21326256 0.33136755 1.133801
1992m7 0.34835821 0.28830067 0.24957361 0.17609291 0.36027437 0.8194501
1992m8 0.34107015 0.3598405 0.31696117 0.20794522 0.34507756 2.75108
1992m9 0.31024331 0.3566614 0.27134671 0.18183403 0.31405435 1.827641
1992m10 0.27775325 0.20440532 0.29120736 0.20749032 0.34320202 0.2782489
1992m11 0.29882582 0.221572 0.26522321 0.24401316 0.34351737 0.7365854
1992m12 0.27969488 0.32624877 0.30954776 0.21732461 0.31133321 2.114446
1993m1 0.30251878 0.31165408 0.23477561 0.24162958 0.32107487 1.508031
1993m2 0.30407445 0.24940364 0.30924117 0.10125954 0.2781064 0.2077616
1993m3 0.35029883 0.22592977 0.20456184 0.26464558 0.2681981 0.9689912
1993m4 0.27560136 0.24007335 0.26414043 0.1453649 0.29715962 -0.1586974
1993m5 0.2787098 0.22669409 0.24730581 0.18459339 0.27692243 0.0421374
1993m6 0.28428819 0.22303833 0.22004099 0.23787638 0.17726542 0.7115051
1993m7 0.25087059 0.28566573 0.23504862 0.1828807 0.31332281 0.2395081
1993m8 0.24194201 0.23402002 0.24334653 0.19828704 0.29416279 -0.0701722
1993m9 0.29014827 0.2663209 0.17751184 0.23596907 0.23700672 0.526639
1993m10 0.33130927 0.22105603 0.20371478 0.17733673 0.31101138 -0.3687994
1993m11 0.25182478 0.17151311 0.15723026 0.20538321 0.28807623 -1.569006
1993m12 0.29377994 0.25044263 0.20568918 0.22722013 0.1616962 0.8654273
1994m1 0.24360024 0.19188246 0.17287529 0.10776401 0.32805962 -2.471273
1994m2 0.24023522 0.24276785 0.20840735 0.14195677 0.25147742 -0.8454701
1994m3 0.24987277 0.28888565 0.22551091 0.14581767 0.1503947 0.3564046
1994m4 0.20985656 0.17847457 0.21995809 0.20337101 0.2467501 -0.9385678
1994m5 0.27463813 0.25245822 0.22911578 0.24226502 0.25575805 0.8390343
1994m6 0.34050512 0.24867422 0.21711831 0.22133078 0.26803282 0.8138971
1994m7 0.24700957 0.23153947 0.25146938 0.12014055 0.28904861 -0.8394189
1994m8 0.23181707 0.19448953 0.24076189 0.15764664 0.2486069 -0.9047628
1994m9 0.18832989 0.29576802 0.2361736 0.17020503 0.34368627 -0.3018897
1994m10 0.30901818 0.22182304 0.17533918 0.1689104 0.38872645 -1.208171
1994m11 0.31864201 0.25939505 0.16402149 0.12618293 0.34189562 -1.149089
1994m12 0.39832492 0.26845653 0.27647654 0.17133957 0.28924632 1.433088
1995m1 0.45173502 0.21447399 0.16679536 0.15293549 0.27791861 -0.211682
1995m2 0.36788014 0.16607853 0.17155138 0.16353496 0.275922 -1.135655
1995m3 0.39157805 0.25206586 0.24919832 0.24519552 0.31463376 1.639242
1995m4 0.31232056 0.22577396 0.20051706 0.17247214 0.32191204 -0.5713713
1995m5 0.32177641 0.22039179 0.21053693 0.15278969 0.29836372 -0.5936133
1995m6 0.29836862 0.25012416 0.21823487 0.13788893 0.33310233 -0.6222423
1995m7 0.29333806 0.28677079 0.27508574 0.18414212 0.30164249 1.033459
1995m8 0.30341367 0.19315006 0.17054315 0.19909614 0.27629286 -0.8619382
1995m9 0.35698053 0.2092062 0.19808753 0.16033069 0.31071158 -0.5883911
1995m10 0.26156876 0.17241015 0.17989699 0.14670029 0.34061152 -2.104096
1995m11 0.32029527 0.28885724 0.15427162 0.18786366 0.29442639 -0.0347585
1995m12 0.3714438 0.22583699 0.19613209 0.16486246 0.31651721 -0.2957332
1996m1 0.35751767 0.32034191 0.25457528 0.15280889 0.2564691 1.426883
1996m2 0.40493634 0.21492032 0.23214881 0.17068702 0.26620776 0.4540539
1996m3 0.39731107 0.25121862 0.24521089 0.18517528 0.30567041 0.978197
1996m4 0.31142859 0.25784496 0.20504296 0.15776337 0.34212876 -0.4035544
1996m5 0.31075441 0.20016258 0.2308327 0.18140721 0.36864534 -0.6121953
1996m6 0.28665518 0.19737751 0.19649896 0.16626039 0.35836783 -1.315744
1996m7 0.29054203 0.28434379 0.16489504 0.19819377 0.29793596 -0.0608028
1996m8 0.25756316 0.25742595 0.19465785 0.1436174 0.34181202 -1.036824
1996m9 0.27577163 0.29920589 0.26890495 0.18160043 0.32608978 0.8706214
1996m10 0.3053494 0.22873558 0.1601125 0.17842774 0.33552582 -1.014957
1996m11 0.2547231 0.24788995 0.19536901 0.17328299 0.33714162 -0.8034578
1996m12 0.22892185 0.16583808 0.15697856 0.06679771 0.37952396 -3.697363
1997m1 0.26346532 0.28275335 0.21321731 0.1562663 0.36307025 -0.4402755
1997m2 0.25931958 0.21675351 0.16750259 0.19392446 0.32114365 -1.143605
1997m3 0.24794853 0.19405096 0.18076936 0.16096708 0.44082414 -2.152133
1997m4 0.26759606 0.21885401 0.12364311 0.17509784 0.31072223 -1.724879
1997m5 0.24423556 0.21750955 0.18645059 0.17199793 0.36620867 -1.441383
1997m6 0.29760661 0.15827762 0.19557902 0.13624513 0.32231054 -1.903723
1997m7 0.36660169 0.26523403 0.15573439 0.0705027 0.30050451 -1.332723
1997m8 0.28243478 0.22231779 0.16448422 0.15167944 0.32906386 -1.468745
1997m9 0.26874787 0.24961282 0.23556139 0.16543533 0.36992924 -0.4578961
1997m10 0.22071021 0.18498571 0.05474179 0.1693163 0.35516206 -3.415404
1997m11 0.29819947 0.22945204 0.21738651 0.07283375 0.34226534 -1.638388
1997m12 0.30271047 0.25211489 0.15668451 0.12878021 0.34541324 -1.40214
1998m1 0.29782989 0.32431732 0.18747754 0.10641657 0.33618107 -0.4879349
1998m2 0.25950597 0.19943973 0.23607804 0.15844247 0.33954857 -1.050201
1998m3 0.28558498 0.25627016 0.21138446 0.1793218 0.33439822 -0.2486598
1998m4 0.34882169 0.2039454 0.21768044 0.06929083 0.26441008 -1.340535
1998m5 0.29986199 0.21982129 0.17661188 0.1563709 0.33810653 -1.228981
1998m6 0.37029815 0.22721207 0.2239985 0.12959184 0.30692183 -0.3415849
1998m7 0.23760816 0.22296265 0.17484858 0.10898036 0.33334896 -2.140548
1998m8 0.30372497 0.21268528 0.25796801 0.18229058 0.34296645 -0.1086524
1998m9 0.32942965 0.20706961 0.18984857 0.12203626 0.36608141 -1.526213
1998m10 0.3720416 0.22307503 0.16644503 0.14498633 0.431399 -1.308105
1998m11 0.30567123 0.17232496 0.18702511 0.18916943 0.36450916 -1.345225
1998m12 0.32611947 0.16690867 0.22904128 0.17625657 0.35468877 -0.9159295
1999m1 0.27307535 0.14710519 0.18978287 0.12192582 0.40830301 -2.741495
1999m2 0.24952115 0.19644618 0.16251793 0.06024221 0.36776745 -3.181314
1999m3 0.3063185 0.21313847 0.16727094 0.14979279 0.40486967 -1.691107
1999m4 0.28447886 0.22516933 0.17649972 0.11956441 0.32833255 -1.649981
1999m5 0.29021917 0.17693904 0.19488814 0.10303163 0.35885765 -2.259893
1999m6 0.2273793 0.21963363 0.11832699 0.13610831 0.33648596 -2.577206
1999m7 0.26462966 0.17073202 0.23924867 0.10754573 0.43823932 -2.254516
1999m8 0.19985598 0.23343813 0.26368369 0.20741332 0.36061223 -0.2747796
1999m9 0.21175358 0.22260444 0.20788737 0.14314557 0.38673513 -1.762874
1999m10 0.26773083 0.18829819 0.10971235 0.11162781 0.38983833 -3.241297
1999m11 0.32008559 0.19798877 0.16626648 0.1744868 0.3897838 -1.448535
1999m12 0.19128403 0.20036988 0.23808152 0.19518683 0.36363786 -1.141575
2000m1 0.34393422 0.15820628 0.2370424 0.20168329 0.33845632 -0.4608136
2000m2 0.25926926 0.19274744 0.18547833 0.10098355 0.35238043 -2.386527
2000m3 0.28004188 0.19872462 0.15526539 0.15925216 0.3678911 -1.915787
2000m4 0.32203205 0.21331375 0.19196691 0.15119613 0.41768846 -1.344245
2000m5 0.27337367 0.18770617 0.18394613 0.14129495 0.34186791 -1.872906
2000m6 0.35265833 0.26673337 0.20215769 0.06139143 0.43421129 -1.497858
2000m7 0.44829667 0.21208249 0.28387051 0.20406124 0.38781584 1.201231
2000m8 0.4415128 0.30551719 0.20834495 0.21587454 0.43493747 1.34188
2000m9 0.47125181 0.26228022 0.19450673 0.20603457 0.44235282 0.7522426
2000m10 0.44238438 0.28017724 0.22179354 0.1627256 0.40669478 0.7127696
2000m11 0.43633131 0.27145372 0.24450341 0.140291 0.42385027 0.5070413
2000m12 0.43113795 0.24114399 0.2356723 0.21288961 0.41495165 0.8835633
2001m1 0.37414956 0.24685012 0.27639369 0.22553481 0.3067151 1.573778
2001m2 0.34716404 0.26317156 0.26712292 0.09432074 0.36136925 -0.2091383
2001m3 0.32480633 0.300207 0.24883136 0.15178304 0.38789262 0.413421
2001m4 0.31433004 0.24965231 0.32392243 0.24482259 0.3635935 1.743093
2001m5 0.37863201 0.23499174 0.33133261 0.1896495 0.42639289 1.221945
2001m6 0.43909044 0.25799676 0.31328173 0.16224419 0.4248174 1.37842
2001m7 0.40255109 0.26039818 0.26939643 0.21662516 0.40219103 1.378694
2001m8 0.40458019 0.25042608 0.23730918 0.13394244 0.37357204 0.0953965
2001m9 0.44727192 0.31193343 0.31765055 0.12865826 0.38016368 1.88361
2001m10 0.44043075 0.36411056 0.25631235 0.17816854 0.35727084 2.39958
2001m11 0.40556339 0.28622711 0.26987829 0.17932458 0.45227836 1.088702
2001m12 0.28087631 0.30338714 0.28239946 0.14873545 0.40556658 0.4315903
2002m1 0.34930899 0.26216883 0.26166501 0.1720365 0.35588126 0.6323268
2002m2 0.29090041 0.24491082 0.18060119 0.18639635 0.26763874 -0.3537517
2002m3 0.3060613 0.24272942 0.27707492 0.15865253 0.39052582 0.0153007
2002m4 0.35696461 0.29219786 0.24874585 0.1387286 0.3592458 0.4928059
2002m5 0.26395563 0.25680595 0.26883604 0.12142132 0.35500256 -0.4803336
2002m6 0.23902159 0.20691921 0.18746454 0.19503366 0.3852809 -1.396378
2002m7 0.39817747 0.22601679 0.27232625 0.20601421 0.37018083 0.990468
2002m8 0.28642492 0.20992982 0.28928243 0.19825933 0.31327158 0.3849777
2002m9 0.29187742 0.23512625 0.21562828 0.17742639 0.3118735 -0.3382072
2002m10 0.22051899 0.26223646 0.19690547 0.17352989 0.3098687 -0.7429069
2002m11 0.26104362 0.24196595 0.25532248 0.15533791 0.45010129 -0.7919086
2002m12 0.33010563 0.31825111 0.24565011 0.11130484 0.44504762 -0.0533234
2003m1 0.28502292 0.24538113 0.233646 0.17601494 0.32298543 -0.1244195
2003m2 0.24805258 0.28386258 0.2560906 0.14347686 0.39260968 -0.3095176
2003m3 0.32640802 0.29140512 0.26148599 0.15089015 0.34374845 0.6193928
2003m4 0.2884322 0.24366178 0.20551274 0.12857772 0.30272764 -0.8936033
2003m5 0.2415057 0.25859891 0.20717329 0.16241572 0.37233768 -0.8925307
2003m6 0.33840368 0.26478649 0.24317875 0.15703679 0.3764488 0.1387597
2003m7 0.16280093 0.13638124 0.11442587 0.1371987 0.34923659 -4.030514
2003m8 0.20585237 0.20506823 0.23727173 0.20423821 0.34275093 -0.8203233
2003m9 0.2616899 0.2505636 0.17148787 0.14517679 0.33393377 -1.297439
2003m10 0.19817973 0.21294554 0.20494709 0.1343148 0.32456089 -1.861475
2003m11 0.21187061 0.19743064 0.25040291 0.20192181 0.37501718 -0.8695746
2003m12 0.18057114 0.19643745 0.21212063 0.2622226 0.29966879 -0.5466301
2004m1 0.21169216 0.26638756 0.15421069 0.15461053 0.3474104 -1.581561
2004m2 0.20109333 0.18360945 0.16555658 0.18555735 0.27827607 -1.860222
2004m3 0.26803617 0.19790571 0.25261697 0.16323543 0.29487105 -0.6064066
2004m4 0.22967256 0.22315403 0.165976 0.21239689 0.30405349 -1.009755
2004m5 0.23963167 0.20691249 0.24963741 0.16339846 0.33694235 -0.8797931
2004m6 0.15431335 0.1801663 0.15124067 0.16357883 0.30875872 -2.729022
2004m7 0.16279408 0.24665121 0.19242366 0.10867568 0.31072413 -2.086829
2004m8 0.19006362 0.18279103 0.1816197 0.15540809 0.3407206 -2.339415
2004m9 0.21149374 0.2147713 0.1919216 0.18707724 0.28277036 -1.143945
2004m10 0.22516747 0.19215258 0.23825766 0.21805868 0.3830639 -0.8245381
2004m11 0.17770906 0.28147958 0.23400364 0.23864249 0.32981747 0.267004
2004m12 0.2316137 0.17050741 0.20571935 0.16003525 0.36593115 -1.981169
2005m1 0.12748432 0.19030984 0.23116602 0.1540808 0.37541735 -2.261958
2005m2 0.2040974 0.23996976 0.15261021 0.16258803 0.31924305 -1.754645
2005m3 0.24050233 0.22910388 0.27970394 0.22822658 0.39913382 0.2116854
2005m4 0.23754732 0.34544565 0.25293757 0.13805123 0.34531936 0.404755
2005m5 0.19294988 0.23605473 0.13740282 0.20008816 0.29251262 -1.516897
2005m6 0.18255661 0.17764424 0.17220081 0.10651241 0.3597027 -3.175954
2005m7 0.14540607 0.22134653 0.1592375 0.14315878 0.39776947 -2.794402
2005m8 0.24170002 0.25647504 0.18323125 0.16721326 0.33027369 -0.9686508
2005m9 0.22518703 0.21230789 0.22213541 0.10106229 0.35757033 -2.000301
2005m10 0.22449983 0.242593 0.23056114 0.17344142 0.35753641 -0.747672
2005m11 0.16959557 0.28858414 0.23591195 0.15188653 0.33354358 -0.6791074
2005m12 0.23190758 0.2614842 0.22371958 0.17884344 0.41276466 -0.7054781
2006m1 0.23505612 0.20410118 0.16161015 0.14594702 0.38087906 -2.279554
2006m2 0.22907284 0.24643387 0.18773394 0.19200735 0.36301294 -0.9589511
2006m3 0.30573336 0.24895545 0.17266565 0.1479848 0.35541309 -1.061589
2006m4 0.32632217 0.1822011 0.21031499 0.18422742 0.35872709 -0.8727438
2006m5 0.32196907 0.18394488 0.19868185 0.19582563 0.37755558 -0.949955
2006m6 0.33210698 0.21299091 0.23595042 0.19651283 0.39120156 -0.1824784
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