* Description of data series stored in wp_data1 datasets
* used by replication programs for E. Peneva and J. Rudd, 
* "The Passthrough of Labor Costs to Price Inflation"

*            February 21, 2017

* See Appendix A of the paper for detailed documentation
* of all data series (including sources and construction)


Series            Description

mbcore_expc       Core market-based PCE price index, adjusted for price controls (index level)
ecil              Hourly compensation, ECI measure (index level, 1994:Q4=100.0)
pccphl            Hourly compensation, Productivity and Costs measure (index level)
ur                Unemployment rate, percent
cbonairu          CBO NAIRU series, percent
trendprod         Trend productivity growth (annual rate, percent)
mbpcexfel         Core market-based PCE price index (index level)
pextcorepce       Extended core PCE price index (PCE price index less food and energy goods prices)
ext_nom_coreimp   Extended nominal core import series
splice_core       Extended nominal core PCE series
ext_dlnpimp       Extended core import price inflation series (annual rate, percent)

