Created
May 16, 2013 18:43
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quick replication of an Excel graph that was recoded in SPSS in 21 lines (excluding data preparation)
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require(ggplot2) | |
require(plyr) | |
require(xlsx) | |
# http://www.calculatedriskblog.com/2013/05/april-employment-report-165000-jobs-75.html | |
# https://andrewpwheeler.wordpress.com/2013/03/18/the-junk-charts-challenge-remaking-a-great-line-chart-in-spss/ | |
# http://www.minneapolisfed.org/publications_papers/studies/recession_perspective/ | |
link = "http://www.minneapolisfed.org/publications_papers/studies/recession_perspective/data/historical_recessions_recoveries_data_05_03_2013.xls" | |
file = "data/us.recessions.4807.xls" | |
data = "data/us.recessions.4807.txt" | |
if(!file.exists(data)) { | |
if(!file.exists(file)) download(link, file, mode = "wb") | |
file <- read.xlsx(file, 1, rowIndex = c(6, 8:80), colIndex = 1:12) | |
write.csv(file, data, row.names = FALSE) | |
} | |
data <- read.csv(data, stringsAsFactors = FALSE) | |
str(data) | |
names(data) <- c("t", gsub("X", "", names(data)[-1])) | |
data <- melt(data, id = "t", variable = "recession.year") | |
head(data) | |
notes <- ddply(na.omit(data), .(recession.year), summarise, | |
x = max(t) + 1, | |
y = value[max(t) + 1]) | |
qplot(data = data, x = t, y = value, group = recession.year, geom = "line") + | |
geom_line(data = subset(data, recession.year == 2007), | |
color = "red", size = 1) + | |
geom_text(data = notes, aes(x = x, y = y, label = recession.year), hjust = 0, | |
color = ifelse(notes$recession.year == 2007, "red", "black")) + | |
geom_hline(y = 0, linetype = "dashed") + | |
scale_x_continuous("Months after peak", lim = c(0, 75)) + | |
labs(y = "Cumulative decline from NBER peak") |
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