
######################
####  DATA  ##########


##############
### FRANCE ###
##############

### 1975-2008
time_FRA<-c(1975,1976,1977,1978,1979,1980,1981,1982,1983,1984,1985,1986,1987,1988,1989,1990,1991,1992,1993,1994,1995,1996,1997,1998,1999,2000,2001,2002,2003,2004,2005,2006,2007,2008)
debtratio_FRA<-c(0.308555001,0.292681892,0.288162472,0.299068911,0.301455037,0.297384519,0.289763849,0.329178131,0.339340505,0.356149694,0.371262841,0.378682747,0.391755736,0.390237685,0.388857981,0.385549186,0.395149332,0.438732006,0.510423006,0.602375839,0.626535257,0.663342515,0.687974962,0.702592454,0.667915003,0.656444082,0.642582116,0.672947232,0.714335405,0.73915635,0.756934652,0.708728612,0.698630419,0.75668994)
debtratiolagged_FRA<-c(0.305814249,0.308555001,0.292681892,0.288162472,0.299068911,0.301455037,0.297384519,0.289763849,0.329178131,0.339340505,0.356149694,0.371262841,0.378682747,0.391755736,0.390237685,0.388857981,0.385549186,0.395149332,0.438732006,0.510423006,0.602375839,0.626535257,0.663342515,0.687974962,0.702592454,0.667915003,0.656444082,0.642582116,0.672947232,0.714335405,0.73915635,0.756934652,0.708728612,0.698630419)
psratio_FRA<-c(-0.019088197,-0.005705895,-0.005568702,-0.011574282,0.004158117,0.005414976,-0.012079082,-0.017339654,-0.009708198,-0.011198086,-0.011958747,-0.013279063,-0.001085766,-0.007180826,0.001731727,-0.002214369,-0.005779304,-0.020197329,-0.036599409,-0.025401866,-0.024452058,-0.008375753,-0.001794752,0.003990959,0.010035453,0.012035919,0.011887018,-0.004394202,-0.015176917,-0.010234036,-0.004826981,0.000728384,-0.00235114,-0.007996255)
GVar_FRA<-c(0.0273716843,0.0334245276,0.0075972679,-0.0021436048,-0.0174028251,-0.0162186828,0.0136334347,0.0296734884,0.0152908496,0.0171060488,0.0129852852,-0.0033696984,-0.0243235594,-0.0202346867,-0.0284072438,-0.0112059510,-0.0050541162,0.0098514796,0.0287623314,0.0099091208,0.0162785723,0.0054878102,-0.0009544132,-0.0284446241,-0.0038765773,-0.0047122217,-0.0082917920,0.0020126567,0.0043078032,0.0076051189,0.0103886318,0.0002048179,-0.0036316449,-0.0095879974)
YVar_FRA<-c(-0.001095623,0.016671939,0.024195807,-0.004894584,-0.001522719,-0.001324782,-0.007462436,-0.001290773,-0.010154546,-0.014192388,-0.017726558,-0.013566436,-0.014089955,0.003713475,0.024456429,0.032248816,0.022553808,0.016550199,-0.014689364,-0.014823166,-0.008787302,-0.019420865,-0.019062211,-0.020545135,0.003708902,0.021226031,0.017211769,0.007239468,-0.002049028,0.001779343,0.002843716,0.009516547,0.015078430,0.004151230)


#############
## GREECE  ##
#############

### 1976-2009
time_GRE<-c(1976,1977,1978,1979,1980,1981,1982,1983,1984,1985,1986,1987,1988,1989,1990,1991,1992,1993,1994,1995,1996,1997,1998,1999,2000,2001,2002,2003,2004,2005,2006,2007,2008,2009)
debtratio_GRE<-c(0.166771851,0.168255176,0.218183265,0.203193798,0.203260421,0.240730361,0.264481874,0.303085049,0.361486389,0.420652771,0.425359856,0.472909244,0.559260677,0.58622025,0.793240292,0.812668377,0.869456385,0.982802604,0.963273682,1.011006326,1.031251857,1.000061505,0.976736119,1.010952058,1.149301794,1.177385002,1.172419371,1.120250124,1.142408803,1.144968062,1.078943832,1.039441518,1.025544592,1.148763241)
debtratiolagged_GRE<-c(0.171326823,0.166771851,0.168255176,0.218183265,0.203193798,0.203260421,0.240730361,0.264481874,0.303085049,0.361486389,0.420652771,0.425359856,0.472909244,0.559260677,0.58622025,0.793240292,0.812668377,0.869456385,0.982802604,0.963273682,1.011006326,1.031251857,1.000061505,0.976736119,1.010952058,1.149301794,1.177385002,1.172419371,1.120250124,1.142408803,1.144968062,1.078943832,1.039441518,1.025544592)
psratio_GRE<-c(-0.004211185,-0.012586548,-0.013640639,-0.005943896,-0.00618131,-0.053298988,-0.04574776,-0.038648299,-0.039711123,-0.06144902,-0.039805556,-0.027248229,-0.039113254,-0.05622535,-0.052303448,-0.014454649,-0.008804045,-0.009617188,0.03817891,0.018300639,0.036501896,0.024250519,0.038160103,0.036537225,0.029607942,0.01522251,0.004009843,-0.010288165,-0.028055141,-0.009630348,0.009860723,0.002075637,-0.034087434,-0.081684527)
GVar_GRE<-c(-0.002998785,-0.002680118,0.012569960,0.005762078,-0.036099006,0.029341326,0.002696049,0.002056532,0.028567403,0.063678618,0.012010803,-0.042419884,-0.056348009,-0.012388057,0.063699334,0.001834597, 0.049960682,0.069191268,0.035644895,-0.048848951,-0.078316965,-0.040876457,-0.044052939,-0.033808235,0.026860099,0.004072491,-0.001439887,0.009775558,0.029098676,-0.026676188,-0.049963125,-0.017539132,0.039530358,0.044849043)
YVar_GRE<-c(0.0005177852,-0.0059758661,0.0476870448,0.0620940050,0.0545904758,0.0075594548,-0.0147766424,-0.0312440758,-0.0204647764,-0.0025553913,-0.0102443820,-0.0395342436,-0.0062704270,0.0245054625,0.0164667310,0.0402024899,0.0424693821,0.0202556963,0.0331808155,-0.0692194372,-0.0592226119,-0.0403492416,-0.0295753239,-0.0192075898,-0.0087938408,-0.0010051267,-0.0013416361,0.0193449800,0.0275312622,0.0118699370,0.0186439192,0.0265202396,0.0098147253,-0.0322341416)


#############
## IRELAND ##
#############

### 1975-2008
time_IRE<-c(1975,1976,1977,1978,1979,1980,1981,1982,1983,1984,1985,1986,1987,1988,1989,1990,1991,1992,1993,1994,1995,1996,1997,1998,1999,2000,2001,2002,2003,2004,2005,2006,2007,2008)
debtratio_IRE<-c(0.586596599,0.629290823,0.601060308,0.61995633,0.669706642,0.683874058,0.727652046,0.783016805,0.914901327,0.955371051,0.984125823,1.093674914,1.106419013,1.070362916,0.977986939,0.91394439,0.911477646,0.88710601,0.926315629,0.867922553,0.792202777,0.724256428,0.632597744,0.535805152,0.49173212,0.401504435,0.373848304,0.35234645,0.340542596,0.327092578,0.326933575,0.288380127,0.283194398,0.48494)
debtratiolagged_IRE<-c(0.531297815,0.586596599,0.629290823,0.601060308,0.61995633,0.669706642,0.683874058,0.727652046,0.783016805,0.914901327,0.955371051,0.984125823,1.093674914,1.106419013,1.070362916,0.977986939,0.91394439,0.911477646,0.88710601,0.926315629,0.867922553,0.792202777,0.724256428,0.632597744,0.535805152,0.49173212,0.401504435,0.373848304,0.35234645,0.340542596,0.327092578,0.326933575,0.288380127,0.283194398)
psratio_IRE<-c(-0.079629615,-0.035454047,-0.026258938,-0.042769114,-0.055404542,-0.061294842,-0.063671064,-0.061226267,-0.042043957,-0.021006681,-0.027551569,-0.029051938,-0.008706986,0.025131856,0.039043778,0.0378734,0.034577181,0.028957071,0.02737752,0.030249095,0.023455447,0.035720441,0.045128885,0.050445919,0.045082961,0.063164288,0.019401231,0.006102295,0.01408126,0.02329294,0.025130439,0.038446877,0.009840465,-0.074529506)
YVar_IRE<-c(-0.0210747694,-0.0446799549,0.0020751069,0.0332618605,0.0311667701,0.0288598168,0.0306778206,0.0242234576,-0.0143203097,0.0003292734,0.0007402487,-0.0254411794,-0.0118406120,0.0018994125,0.0233029144,0.0128354084,-0.0116082348,-0.0281860285,-0.0547919551,-0.0585658873,-0.0420285472,-0.0342253453,-0.0029925670,0.0053475970,0.0404479051,0.0582703475,0.0449789995,0.0403641802,0.0201380159,0.0051237909,0.0075912718,0.0046731691,0.0087751645,-0.0753271409)
GVar_IRE<-c(0.0006188379,-0.0480232998,-0.0894871458,-0.0401274789,-0.0080753778,0.0723705160,0.0695089812,0.1024621718,0.0427812831,0.0096236355,0.0333076513,0.0186081614,0.0247629281,-0.0069337517,-0.0848162938,-0.0631029994,-0.0220568124,0.0004746060,0.0003160758,0.0128520297,-0.0030552319,-0.0114136613,-0.0128131950,-0.0370394259,0.0105101666,-0.0379991272,0.0192191141,0.0268207261,-0.0034025952,-0.0156793214,-0.0188386171,-0.0235551325,0.0193882863,0.0627942962)


###########
## ITALY ##
###########

### 1972-2009
time_ITA<-c(1972,1973,1974,1975,1976,1977,1978,1979,1980,1981,1982,1983,1984,1985,1986,1987,1988,1989,1990,1991,1992,1993,1994,1995,1996,1997,1998,1999,2000,2001,2002,2003,2004,2005,2006,2007,2008,2009)
debtratio_ITA<-c(0.659016942,0.704306232,0.700292705,0.82355701,0.821371301,0.857102573,0.908709202,0.894829483,0.868277686,0.912044047,0.950248596,0.79515691,0.823758765,0.889192313,0.928101933,0.965086585,0.987970773,0.955202817,0.975541588,1.003824156,1.068702643,1.162494033,1.209264682,1.225448488,1.288604699,1.30263936,1.319952987,1.257765009,1.210265375,1.201772992,1.193600418,1.168348371,1.173048597,1.198675672,1.17142645,1.124589065,1.144046996,1.23575)
debtratiolagged_ITA<-c(0.595126738,0.659016942,0.704306232,0.700292705,0.82355701,0.821371301,0.857102573,0.908709202,0.894829483,0.868277686,0.912044047,0.950248596,0.79515691,0.823758765,0.889192313,0.928101933,0.965086585,0.987970773,0.955202817,0.975541588,1.003824156,1.068702643,1.162494033,1.209264682,1.225448488,1.288604699,1.30263936,1.319952987,1.257765009,1.210265375,1.201772992,1.193600418,1.168348371,1.173048597,1.198675672,1.17142645,1.124589065,1.144046996)
psratio_ITA<-c(-0.057263802,-0.050655281,-0.046051854,-0.079509288,-0.051560815,-0.039427638,-0.048559084,-0.046784309,-0.031063828,-0.065092952,-0.040273132,-0.027939896,-0.035246752,-0.044467452,-0.03796106,-0.040444671,-0.031358384,-0.027176818,-0.018398618,-0.004941795,0.013153485,0.020905393,0.015283556,0.03316752,0.038348602,0.060935225,0.047396424,0.045891618,0.052244526,0.029241213,0.02422795,0.01413175,0.010890698,0.001449075,0.011385617,0.032371003,0.021718532,-0.00606225)
YVar_ITA<-c(-0.021717831,0.008221514,0.026894529,-0.028803716,0.006254927,-0.005916443,0.002410169,0.025273718,0.033567068,0.009687351,-0.010281469,-0.021164481,-0.019510640,-0.013521022,-0.010487053,-0.007627798,0.010732005,0.021991615,0.021889919,0.018572523,0.004937253,-0.020317220,-0.014404484,-0.001992721,-0.012580407,-0.008685427,-0.012258692,-0.008865321,0.014623925,0.017801442,0.009918604,-0.001129901,0.001284105,0.001405439,0.014689731,0.020074100,0.005243480,-0.046283455)
GVar_ITA<-c(0.0178623932,-0.0059229095,-0.0247063239,0.0126617913,-0.0033254949,-0.0316073214,0.0100529849,-0.0134749997,-0.0228809435,0.0154943026,0.0140561141,0.0209453127,0.0023302513,0.0002661477,-0.0047551513,-0.0299676868,-0.0146617699,0.0078270273,0.0250018964,0.0367969406,0.0473515208,0.0419307345,0.0021984674,0.0049405275,0.0063566262,-0.0199408568,-0.0294603907,-0.0349947942,-0.0452067594,0.0056461496,-0.0102312184,0.0003724596,-0.0070576221,-0.0012214001,0.0196600390,0.0049131504,0.0019525609,0.0040333150)


###############
### Portugal ##
###############

### 1977-2009
time_POR<-c(1977,1978,1979,1980,1981,1982,1983,1984,1985,1986,1987,1988,1989,1990,1991,1992,1993,1994,1995,1996,1997,1998,1999,2000,2001,2002,2003,2004,2005,2006,2007,2008,2009)
debtratio_POR<-c(0.267499122,0.300181024,0.204831906,0.299267762,0.376860947,0.404129083,0.450951049,0.502014553,0.530130958,0.621219703,0.598338736,0.59343726,0.580769434,0.600022522,0.617453005,0.549938383,0.581567237,0.589634914,0.688198323,0.684436182,0.673813867,0.651821123,0.620839266,0.619762558,0.6331136,0.665111885,0.680311412,0.705546948,0.740044326,0.73105726,0.711277902,0.751641802,0.8379)
debtratiolagged_POR<-c(0.255676457,0.267499122,0.300181024,0.204831906,0.299267762,0.376860947,0.404129083,0.450951049,0.502014553,0.530130958,0.621219703,0.598338736,0.59343726,0.580769434,0.600022522,0.617453005,0.549938383,0.581567237,0.589634914,0.688198323,0.684436182,0.673813867,0.651821123,0.620839266,0.619762558,0.6331136,0.665111885,0.680311412,0.705546948,0.740044326,0.73105726,0.711277902,0.7516)
psratio_POR<-c(-0.016073563,-0.052068438,-0.038876455,-0.049797428,-0.048802983,-0.029748117,6.25252E-05,0.002148046,-0.022955438,0.003654541,0.00324121,0.027048402,0.028684967,0.018620685,0.011922089,0.03725682,-0.003370162,-0.011416999,0.00751139,0.004936006,0.003852643,-0.001632517,0.00248827,0.000899582,-0.012876261,2.82647E-05,-0.00182884,-0.007105758,-0.034844629,-0.011741285,0.002290913,0.002273395,-0.03888)
YVar_POR<-c(-0.0475988103,-0.0206429976,0.0067145370,0.0405231241,0.0369031638,0.0435456891,0.0310923076,0.0006711024,0.0187688702,-0.0906843600,-0.0544559054,-0.0282094304,0.0020038431,0.0300747595,0.0369301806,0.0357959551,0.0010229555,0.0023979070,-0.0458197735,-0.0326781743,-0.0361359436,-0.0397851198,0.0244474101,0.0405556711,0.0389137498,0.0277468505,0.0031811326,0.0039008837,-0.0002804376,0.0021004392,0.0097638343,0.0001452717,-0.0409086854)
GVar_POR<-c(-0.093757869,-0.013457720,-0.036748275,0.043560216,0.105956697,0.080020980,0.042148999,-0.009341062,0.050589497,-0.067076566,-0.077243267,-0.099423509,-0.076802924,0.012225868,0.072565369,0.084333830,0.072301180,0.027038891,-0.047394370,-0.021606559,-0.050354535,-0.066371845,0.004383666,0.012929388,0.034178269,0.011995742,0.006384363,0.019623210,0.028807815,-0.007838368,-0.021679481,-0.039312385,0.019364757)


###########
## SPAIN ##
###########

### 1980-2009
time_SPA<-c(1980,1981,1982,1983,1984,1985,1986,1987,1988,1989,1990,1991,1992,1993,1994,1995,1996,1997,1998,1999,2000,2001,2002,2003,2004,2005,2006,2007,2008,2009)
debtratio_SPA<-c(0.1949976,0.24111476,0.304884634,0.369049524,0.433593301,0.47969886,0.487549244,0.48729207,0.453107532,0.458032982,0.476785668,0.495533282,0.520783945,0.655407297,0.643087548,0.692809785,0.759850587,0.749986605,0.75334249,0.693896976,0.664687599,0.618633186,0.603273972,0.553479307,0.533709375,0.50641841,0.461602546,0.421057631,0.470381313,0.593136552)
debtratiolagged_SPA<-c(0.154666645,0.1949976,0.24111476,0.304884634,0.369049524,0.433593301,0.47969886,0.487549244,0.48729207,0.453107532,0.458032982,0.476785668,0.495533282,0.520783945,0.655407297,0.643087548,0.692809785,0.759850587,0.749986605,0.75334249,0.693896976,0.664687599,0.618633186,0.603273972,0.553479307,0.533709375,0.50641841,0.461602546,0.421057631,0.470381313)
psratio_SPA<-c(-0.031540212,-0.044789206,-0.062809584,-0.051570727,-0.050825873,-0.054227586,-0.038770366,-0.012412792,-0.008851734,-0.002840216,-0.01354161,-0.017513098,-0.005291416,-0.028369544,-0.023868329,-0.018300325,-0.001348569,0.008354794,0.005940837,0.018201167,0.019282427,0.019649526,0.018887667,0.018723281,0.014659197,0.025234597,0.03330238,0.030256571,-0.03042252,-0.085057171)
GVar_SPA<-c(-0.0267900128,-0.0038904779,0.0128295671,0.0073107007,-0.0192098755,0.0195623080,-0.0066571706,-0.0384787124,-0.0382543910,-0.0014290429,0.0235573765,0.0462254193,0.0476051676,0.0867775917,0.0413537987,-0.0013743315,-0.0214798025,-0.0362765484,-0.0287896511,-0.0249924337,-0.0152217271,-0.0161770074,-0.0085422319,-0.0203936222,-0.0078543579,-0.0184602236,-0.0175500731,-0.0006265155,0.0099964316,0.0572298478)
YVar_SPA<-c(0.0350245931,0.0059444169,-0.0075118181,-0.0139790649,-0.0253331373,-0.0303447692,-0.0268912230,-0.0032133451,0.0147324514,0.0329510983,0.0407953163,0.0371111140,0.0190095946,-0.0181939877,-0.0219244436,-0.0244238108,-0.0299452055,-0.0230301726,-0.0181476619,-0.0004682201,0.0144669058,0.0148939073,0.0083552317,0.0054402625,0.0056860759,0.0104706330,0.0205331807,0.0273252601,0.0050503529,-0.0543835349)

