data = [0.928467646476  11.8716889412   20  0.418037507392  0.227382377518 ...
-0.705994063083 11.7522582094   21.25   1.09254424511   -1.29488274994 ...
-0.511895351926 9.68144025625   17.25   -1.66150408407  0.331508393098 ...
-0.990955971267 10.0890781236   17  1.43016275252   -2.43589670141 ...
-0.981233061806 12.1094840679   18.25   2.91293288733   -0.790246576864 ...
-0.882182844512 8.54559460406   15  0.419579139481  0.358729719566 ...
-0.930893002836 6.19238374422   12.5    -1.48847457959  0.739779938797 ...
1.53158206947   2.76544271886   11.5    -0.336216769682 0.455559918769 ...
2.2659052834    5.47418162513   11  0.306436789767  -0.0707985731221 ...
1.05419803797   6.35698426189   11  0.140700250477  0.620401487202 ...
1.20161076793   3.4253301593    11  0.461296492351  0.14354323987 ...
1.73934077971   4.70926070322   11.5    1.35798282982   0.38564694435 ...
1.71735262584   3.54232079749   12.5    2.9097529155    -0.804308583301 ...
0.426343657844  3.32719108897   13  1.64214862652   -1.18214664701 ...
1.67751812324   2.93444727338   11.25   0.344434910651  -1.6529373719 ...
1.37013301099   4.72303361923   11.75   2.61511526582   0.327684243041 ...
0.281231073781  4.4893853071    10.5    1.17043449257   1.12855106649 ...
1.53638992834   3.7325309699    10.25   -0.683947046728 0.11943538737 ...
1.68081431462   3.34729969129   10  1.41159342106   -1.59065680853 ...
-0.343321601133 5.05563513564   12  1.75117366498   -2.40127764642 ...
0.873415608666  3.2779996255    10.25   -1.39895866711  0.0971444398216 ...
0.26399696544   4.78229419828   9.75    0.0914692438124 0.299310457612 ...
-0.562233624818 3.88598638237   9.75    -0.0505384765105    0.332826708151 ...
2.15161914936   3.84859710132   8.75    -3.44811080489  0.789138678784 ...
1.2345093726    5.62225030942   9.5 -0.366945407434 2.32974981198 ...
1.62554967459   4.24667132831   10  -0.800958371402 0.0293183770935 ...
1.33035402527   2.75248979249   9.75    -0.855723113225 0.852493939813 ...
1.52078814077   3.53415985826   9.75    -3.37963469203  -1.05133958119 ...
1.16704983697   4.92754079464   10.75   -3.0142303324   0.459907431978 ...
0.277213572101  4.55532133037   11.75   -0.851995599415 2.03242034852 ...
0.842215068977  3.11164509647   12.25   -1.08290421696  0.014323281961 ...
1.05325028606   4.92882647578   13.5    -1.1953883867   0.706764750654 ...
0.453051253568  6.82998950103   13.5    0.111803656462  0.088462593153 ...
0.199885995525  5.82643354662   13.5    -0.920501518421 -0.26504958666 ...
0.137907999624  2.66076369132   13.5    -1.17122929812  -0.995642430514 ...
0.721949686709  5.70497876823   14.25   1.19378169018   -1.10644839651 ...
-0.418465249225 3.75861110232   14.75   -1.03131674824  0.188507675831 ...
-0.644028342116 4.15104788154   13.75   -1.48911756546  0.204560913792 ...
-0.848213852668 5.65580324027   12.75   0.677011703877  -0.849628054542 ...
-1.51954076928  11.4866911266   11.25   -0.446024680774 -0.456342350765 ...
0.265275055215  2.85472749592   9.75    -0.598778202436 -0.907311640831 ...
0.356162529063  2.29614015658   9.5 -0.46820788432  -1.22130883441 ...
0.368308864363  -0.539083504685 8   -0.781333991956 0.374007246518 ...
-0.145751412732 1.61507621789   8.25    3.68291932628   1.32438399845 ...
0.285457283664  2.14334055993   7   1.42819405379   -0.00818660844123 ...
0.372390129412  1.60000213334   6.25    0.626106424052  -0.10136772765 ...
0.382720203063  1.72614243263   7.25    4.89631941021   -1.10060711916 ...
0.737957515573  2.90430582851   6   -0.0422721010314    0.4178952497 ...
0.649532581668  0.657135682543  6   0.692066153971  0.422299120276 ...
0.627159201987  1.70352689913   5.75    2.62066711305   -1.29237304034 ...
0.905441299817  1.95663197267   5.5 1.5949697565    -0.27115830703 ...
1.49322577898   -2.08741765309  6.25    1.23027694802   0.418336889527 ...
1.48750731567   -1.57274121871  8   3.01660550994   -0.893958254365 ...
1.39783858087   2.22623066426   7   -0.80842319214  1.47625453886 ...
0.89274836317   1.30378081742   8   -0.249485058661 0.159871204185 ...
0.920652246088  4.1437741965    9.75    2.8204453623    0.178149239655 ...
-0.00264276644799   3.07989972052   8.75    -2.56342461535  2.105998353 ...
0.0198190461681 0.766283759256  8   -1.15838865989  1.56888883418 ...
0.440050515311  0.127570085801  7.5 0.0400753569995 0.028914333532 ...
0.129536637901  1.78174141526   6.75    0.959943962785  0.307781224401 ...
0.398549827172  3.03606770667   6.5 -0.340209794742 0.100979469478 ...
1.17174775425   0.629625188037  5.75    0.403003686814  0.902394579377 ...
0.991163981251  2.50862910684   4.75    -1.44963996982  1.16150986945 ...
0.967603566096  2.12003739013   4.75    0.610846030775  -0.889994896068 ...
1.14689383604   1.24185011459   4.75    2.01098091308   -1.73846431001 ...
1.32593824054   0.990713820685  4.75    -0.0955142989332    -0.0369257308362 ...
0.861135002644  -0.24744943605  6   1.72793107135   -0.691506789639 ...
1.26870850151   2.09844764887   6.5 1.50720217572   -1.31399187077 ...
0.260364987715  1.10650139716   6.5 1.13659047496   0.0720441664643 ...
1.09731242214   0.490796381346  7.25    4.59123894147   -2.14073070763 ...
1.63792841781   0.612652594286  6.75    1.79604605035   -0.644363995357 ...
1.48465576034   0.978295808687  6.75    -2.00753620902  1.39437534964 ...
1.0987608663    4.25212569087   6.25    -2.58901196498  2.56054320803 ...
1.42592178132   2.76984518311   6.25    0.888195752358  1.03114549274 ...
1.52958239462   1.31795955491   6.5 -0.902907564082 -0.0952198893776 ...
1.0170168994    2.14733589918   7   -1.3054866978   2.68803738466 ...
0.723253652257  3.43552889347   7.5 1.8213700853    0.592593586195 ...
1.24720806008   3.87383806577   7.5 0.0522300654168 0.988871238698 ...
0.482531471239  2.67793287032   7.5 2.9693944293    -0.108591166081 ...
0.154056100439  0.927269031704  6.75    0.119222057561  3.30489209451 ...
0.0694865769274 6.65916526788   6.25    0.889014476084  -2.83976849035 ...
-0.121267434867 0.341442615696  5.25    0.323053239216  -3.49289229012 ...
0.726473690375  -3.5423730964   4   2.19149290449   -3.20855054004 ...
1.39271709108   2.63121085718   3.75    0.88406577736   0.75622580197 ...
1.07502077727   5.88578836799   4.25    -2.55088273352  2.89018116374 ...
0.759049251607  4.24703604223   4.5 0.575687665685  -0.388292506167 ...
];

data = reshape(data,5,86)';
y_obs = data(:,1);
pie_obs = data(:,2);
R_obs = data(:,3);
de = data(:,4);
dq = data(:,5);

%Country: Canada
%Sample Range: 1981:2 to 2002:3
%Observations: 86
%Variables: Real GDP Growth [%], Inflation [annualized %], Nom Rate [%],
%           Exchange Rate Change [%], Terms of Trade Change [%]
