step,rule,n_before,n_after,n_removed,rationale
2024-01-31:window,keep quarters >= 1985-01-01,307,156,151,"post-1984 (Great Moderation) sample, chosen a priori"
2024-01-31:lag_pairs,"form (y_t, y_t-1) pairs; first window quarter used only as a lag",156,155,1,AR(1) needs one lag
2024-01-31:pandemic,drop pairs with y_t or y_t-1 in 2020Q2-2020Q3,155,152,3,extreme COVID quarters would dominate OLS
2024-04-30:window,keep quarters >= 1985-01-01,308,157,151,"post-1984 (Great Moderation) sample, chosen a priori"
2024-04-30:lag_pairs,"form (y_t, y_t-1) pairs; first window quarter used only as a lag",157,156,1,AR(1) needs one lag
2024-04-30:pandemic,drop pairs with y_t or y_t-1 in 2020Q2-2020Q3,156,153,3,extreme COVID quarters would dominate OLS
2024-07-31:window,keep quarters >= 1985-01-01,309,158,151,"post-1984 (Great Moderation) sample, chosen a priori"
2024-07-31:lag_pairs,"form (y_t, y_t-1) pairs; first window quarter used only as a lag",158,157,1,AR(1) needs one lag
2024-07-31:pandemic,drop pairs with y_t or y_t-1 in 2020Q2-2020Q3,157,154,3,extreme COVID quarters would dominate OLS
2024-10-31:window,keep quarters >= 1985-01-01,310,159,151,"post-1984 (Great Moderation) sample, chosen a priori"
2024-10-31:lag_pairs,"form (y_t, y_t-1) pairs; first window quarter used only as a lag",159,158,1,AR(1) needs one lag
2024-10-31:pandemic,drop pairs with y_t or y_t-1 in 2020Q2-2020Q3,158,155,3,extreme COVID quarters would dominate OLS
2025-01-31:window,keep quarters >= 1985-01-01,311,160,151,"post-1984 (Great Moderation) sample, chosen a priori"
2025-01-31:lag_pairs,"form (y_t, y_t-1) pairs; first window quarter used only as a lag",160,159,1,AR(1) needs one lag
2025-01-31:pandemic,drop pairs with y_t or y_t-1 in 2020Q2-2020Q3,159,156,3,extreme COVID quarters would dominate OLS
2025-04-30:window,keep quarters >= 1985-01-01,312,161,151,"post-1984 (Great Moderation) sample, chosen a priori"
2025-04-30:lag_pairs,"form (y_t, y_t-1) pairs; first window quarter used only as a lag",161,160,1,AR(1) needs one lag
2025-04-30:pandemic,drop pairs with y_t or y_t-1 in 2020Q2-2020Q3,160,157,3,extreme COVID quarters would dominate OLS
2025-07-31:window,keep quarters >= 1985-01-01,313,162,151,"post-1984 (Great Moderation) sample, chosen a priori"
2025-07-31:lag_pairs,"form (y_t, y_t-1) pairs; first window quarter used only as a lag",162,161,1,AR(1) needs one lag
2025-07-31:pandemic,drop pairs with y_t or y_t-1 in 2020Q2-2020Q3,161,158,3,extreme COVID quarters would dominate OLS
2025-12-31:window,keep quarters >= 1985-01-01,314,163,151,"post-1984 (Great Moderation) sample, chosen a priori"
2025-12-31:lag_pairs,"form (y_t, y_t-1) pairs; first window quarter used only as a lag",163,162,1,AR(1) needs one lag
2025-12-31:pandemic,drop pairs with y_t or y_t-1 in 2020Q2-2020Q3,162,159,3,extreme COVID quarters would dominate OLS