Home > Releases > Sticky Wages and Sectoral Labor Comovement > Relative Price of Equipment
Relative Price of Equipment (PERIC)
Observation:
Q4 2015: 0.77327 (+ more)Updated: Nov 9, 2016
Q4 2015:  0.77327  
Q3 2015:  0.77661  
Q2 2015:  0.78393  
Q1 2015:  0.79460  
Q4 2014:  0.79744 
Units:
Index 2009=1,Seasonally Adjusted
Frequency:
QuarterlyFor additional details see: R. DiCecio (2009). "Sticky wages and sectoral labor comovement," Journal of Economic Dynamics and Control, 33(3): 53853. (http://dx.doi.org/10.1016/j.jedc.2008.08.003).
Relative Price of Equipment
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For example, invert an exchange rate by using formula 1/a, where “a” refers to the first FRED data series added to this line. Or calculate the spread between 2 interest rates, a and b, by using the formula a  b.
Use the assigned data series variables (a, b, c, etc.) together with operators (+, , *, /, ^, etc.), parentheses {(,)}, and constants (1, 1.5, 2, etc.) to create your own formula (e.g., 1/a, ab, (a+b)/2, (a/(a+b+c))*100). As noted above, you may add other data series to this line before entering a formula.
Finally, you can change the units of your new series.
For additional details see: R. DiCecio (2009). "Sticky wages and sectoral labor comovement," Journal of Economic Dynamics and Control, 33(3): 53853. (http://dx.doi.org/10.1016/j.jedc.2008.08.003).
Relative Price of Equipment
Customize data:
Write a custom formula to transform one or more series or combine two or more series.
You can begin by adding a series to combine with your existing series.
Now create a custom formula to combine or transform the series.
Need help? []
For example, invert an exchange rate by using formula 1/a, where “a” refers to the first FRED data series added to this line. Or calculate the spread between 2 interest rates, a and b, by using the formula a  b.
Use the assigned data series variables (a, b, c, etc.) together with operators (+, , *, /, ^, etc.), parentheses {(,)}, and constants (1, 1.5, 2, etc.) to create your own formula (e.g., 1/a, ab, (a+b)/2, (a/(a+b+c))*100). As noted above, you may add other data series to this line before entering a formula.
Finally, you can change the units of your new series.
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Title  Release Dates  


Relative Price of Equipment  20140408  20160803 
Source  


DiCecio, Riccardo  20140408  20160803 
Release  


Sticky Wages and Sectoral Labor Comovement  20140408  20160803 
Units  


Index 2009=1  20140408  20160803 
Frequency  


Quarterly  20140408  20160803 
Seasonal Adjustment  


Seasonally Adjusted  20140408  20160803 
Notes  


Relative price of equipment is calculated as equipment deflator (https://fred.stlouisfed.org/series/EDEF) divided by consumption deflator (https://fred.stlouisfed.org/series/CONSDEF).
For additional details see: R. DiCecio (2009). "Sticky wages and sectoral labor comovement," Journal of Economic Dynamics and Control, 33(3): 53853. (http://dx.doi.org/10.1016/j.jedc.2008.08.003). 
20140408  20160803 
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