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At 09:50 PM 10/11/2005, you wrote:
>> Robert Shiller's web site has an Excel file going back to 1881 if that
>> is far enough...
>
>The S&P 500 index was created in 1957 so any data before then is a best
>guess extrapolation. I think it's better to use the DJIA if you want
>"real" data going back more than a century. The two are pretty well
>correlated.
Other web sites also have it back to 1871 including the National Bureau of
Economic Research:
http://www.nber.org/databases/macrohistory/data/11/m11025a.db
so lots of people seem to think it must be OK. :-)
Bob
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