Re: Shiller Data
Right, that's where I got the data that I'm asking about. On that site he only says, "The price, dividend, and earnings series are from the same sources as described in Chapter 26 of my earlier book, (Market Volatility [Cambridge, Mass.: MIT Press, 1989])."
When I look at his S&P data compared to the S&P data that comes out of Yahoo, Shiller's "market" has a higher return and lower volatility than the S&P 500. Obviously, this concerns me when the data is used for portfolio survivability, and I wonder what adjustments he has made.