**Appendix**


**Author details**

, Hirokuni Iiboshi<sup>2</sup>

2 Tokyo Metropolitan University, Tokyo, Japan

\*Address all correspondence to: iiboshi@tmu.ac.jp

provided the original work is properly cited.

© 2019 The Author(s). Licensee IntechOpen. This chapter is distributed under the terms of the Creative Commons Attribution License (http://creativecommons.org/licenses/ by/3.0), which permits unrestricted use, distribution, and reproduction in any medium,

*Notes: Table is composed from the following five columns, say Number, Model Variable Name,Transformation Procedures, Observation Explanations, Unit of Data, and Data Source. Abbreviations such as "PCE" and "SW (2007)", stand for personal consumption expenditure and Smets and Wouters (2007), respectively. In a column of the Transformation Procedures, numbers stand for 1: Demeaned, 2: Linear and De-trended, 3: Logarithm and Demeaned, 4: Logarithm, Linear De-trended, and Multiplied by 100, 5: Logarithm per Capita, Linear De-trended and Multiplied by 100, 6: De-trended using Hodrick-Prescott (HP) filter, 7: Logarithm, De-trended using HP Filter, and Multiplied by 100, 8: First Difference Logarithm, De-trended using HP Filter, and Multiplied by 400, 9: the*

*Reciprocal number, Logarithm, De-trended using HP Filter, and Multiplied 100.*

*A \* indicate a series that is deflated with the GDP deflator.*

*DOI: http://dx.doi.org/10.5772/intechopen.90729*

*Source of the Great Recession*

1 Musashi University, Tokyo, Japan

3 Tohoku University, Sendai, Japan

4 Kobe University, Kobe, Japan

\*, Tatsuyoshi Matsumae<sup>3</sup> and Shin-Ichi Nishiyama<sup>4</sup>

Ryo Hasumi<sup>1</sup>

**51**

### *Source of the Great Recession DOI: http://dx.doi.org/10.5772/intechopen.90729*

**No. Variables Proc. Observation explanation Unit of data Source**

 **Y2** 4 Industrial production index: final products Index 2007 = 100 FRB **Y3** 4 Industrial production index: total index Index 2007 = 100 FRB **Y4** 4 Industrial production index: products Index 2007 = 100 FRB **C2** 5\* PCE excluding food and energy Billions of dollars BEA

goods

nonresidential

capital goods

energy

**<sup>2</sup>** 9 Core capital leverage ratio PCA all insured

**<sup>3</sup>** 7 Domestically chartered commercial banks

**<sup>2</sup>** 3 Nonfarm nonfinancial non-corporate

38 **s2** 1 Charge-off rate on all loans and leases all

39 **s3** 1 Charge-off rate on all loans all commercial

40 **s4** 1 Charge-off rate on all loans banks 1st to

institutions

leverage ratio

leverage ratio

commercial banks

banks

100th largest by assets

**<sup>4</sup>** 7 Brokers and dealers leverage ratio Total asset/net

**<sup>3</sup>** 3 Nonfarm corporate leverage ratio Total asset/net

21 *π***<sup>2</sup>** 8 Core CPI excluding food and energy Index 2005 = 100 BEA

 *π***<sup>4</sup>** 8 Price index - PCE - Service Index 2005 = 100 BEA **w2** 4\* Average hourly earnings: manufacturing Dollars BLS **w3** 4\* Average hourly earnings: construction Dollars BLS **w4** 4\* Average hourly earnings: service Dollars BLS **L2** 4 Civilian Labor Force: Employed Total Thous. BLS **L3** 4 Employees, nonfarm: total private Thous. BLS **L4** 4 Employees, nonfarm: goods-producing Thous. BLS **RE2** 6 Bond yield: Moody's Baa industrial % per annum Bloomberg **RE3** 6 Bond yield: Moody's A corporate % per annum Bloomberg **RE4** 6 Bond yield: Moody's A industrial % per annum Bloomberg

18 **I2** 5 Real gross private domestic investment Billions of

17 **C4** 5 Real PCE, quality indexes; services Index 2005 = 100 BEA

Index 2005 = 100 BEA

Billions of dollars BEA

Millions of dollars DOC

Index 2005 = 100 BEA

BEA

FDIC

FRB

FOF

FOF

FRB

Chained 2005

Core capital/total asset

Total asset/net worth

worth

Total asset/net worth

worth

% per annum FRB

% per annum FRB

% per annum FRB

**Case C and Case D: The data-Rich Environment**

*Financial Crises - A Selection of Readings*

16 **C3** 5 Real PCE, quality indexes; non-durable

19 **I3** 5\* Gross private domestic investment: fixed

20 **I4** 5 Manufactures' new orders: non-defense

22 *π***<sup>3</sup>** 8 Price index - PCE excluding food and

33 **Lev<sup>F</sup>**

34 **Lev<sup>F</sup>**

35 **Lev<sup>F</sup>**

36 **Lev<sup>E</sup>**

37 **Lev<sup>E</sup>**

**50**

*Notes: Table is composed from the following five columns, say Number, Model Variable Name,Transformation Procedures, Observation Explanations, Unit of Data, and Data Source. Abbreviations such as "PCE" and "SW (2007)", stand for personal consumption expenditure and Smets and Wouters (2007), respectively. In a column of the Transformation Procedures, numbers stand for 1: Demeaned, 2: Linear and De-trended, 3: Logarithm and Demeaned, 4: Logarithm, Linear De-trended, and Multiplied by 100, 5: Logarithm per Capita, Linear De-trended and Multiplied by 100, 6: De-trended using Hodrick-Prescott (HP) filter, 7: Logarithm, De-trended using HP Filter, and Multiplied by 100, 8: First Difference Logarithm, De-trended using HP Filter, and Multiplied by 400, 9: the Reciprocal number, Logarithm, De-trended using HP Filter, and Multiplied 100. A \* indicate a series that is deflated with the GDP deflator.*
