An Instrumental Monetary Policy Structure

Kenneth French's website (of the Fama and French 1993 fame; the data from that website facilitate that study's HML construct and the HMLd construct that is derived from HML in Obrimah 2023 - Obrimah, O.A. Underpricing of Initial Public Offerings (IPOs) and the Credibility of Underwriters' Pricing Services, SN Business & Economics 3: 45); the data are applied towards empirical tests of the efficacy of the new instrumental structure that is developed for assessing whether a monetary authority's monetary policy actions are beneficent to the welfare of a country's polity in Obrimah (2024) - "A New `Instrumental' Empirical Structure for Assessing the Qualitative (Welfare) Effects of any Monetary Policy Ideology", doi: 10.2139/ssrn.4857291.

With all of the data publicly available, the value of the data submission resides in the programming code that are submitted which facilitate the replicability of the findings in Obrimah (2024). The program calls up the relevant data as necessary, as such the data files are also submitted.