R code to draw a figure similar to those in the Goyal-Welch paper, i.e.,
Up to 2020.
Version 1: Basic CSV, Clickable for Download
Version 2: Basic HTML Format, Downward Sorted
Version 3: Raw Format For Cut and paste
Original CSV Source of goyal-welch-a.csv and reverse-sort goyal-welch-a.csv.
Some Notes on Data Sources
- Recent CPI Data: imputed from CPI percent change. (Not fully consistent with revisions.)
- Gold: Average annual price (not at year end!) "https://www.statista.com/statistics/268027/change-in-gold-price-since-1990/".
- Index is the S&P 500 w/o dividends.
- Find other info at Amit's website.