DATA AND PROGRAMS FOR "WHAT MOVES INVESTMENT GROWTH?" (JMCB MANUSCRIPT 15-333)
AUTHORS: LONG CHEN, ZHI DA, BORJA LARRAIN

1) Raw Data ASCII:

This folder has the raw Flow of Funds quarterly data, Goyal's set of predictive variables (PredictorData2014), and annual Compustat data (aggregate and firm-level), all in ASCII format.

Files:
1.1) quarterly_data_dec_2015.txt
1.1) PredictorData2014.txt
1.3) compu_2015.csv
1.4) compu_ind_2015.csv
1.5) firm_new_2015.csv
 

2) Programs

This folder has the Excel spreadsheets, Stata .do and .dta files, and Matlab .m and .mat files used to produce the tables and figures in the paper.

2.1) tables_figures_Dec2015.xls: main tables in the paper.
2.2) agg_data_Dec_2015_complete.xlsx: starting from the raw data up to the main variance decompositions using Flow of Funds data
2.3) FoF_quarterly_updateDEC2015_complete.do: regressions and related computations needed for variance decompositions performed in (2.2)
2.4) FoF_quarterly_updateDEC2015_complete.dta: main data file used in (2.3)
2.5) Compustat_annual_updateDEC2015.do: regressions for Table 8 in the paper.
2.6) Compustat_annual_updateDEC2015.dta: main data file used in (2.5)
2.7) All "CDL_***.m" matlab files plus cpi_2015.mat: files for computing VARs and variance decompositions using Compustat data.