Question 2) The following regression model will be estimated according to the data of real consumption expenditure (C), real disposable income (Yd), real wealth (W) and real interest rate (1) in the USA for the period 1947-2019. In C = B1 + B2 ln Yd + B3 In We + B4lt + u¢
Question 2) The following regression model will be estimated according to the data of real consumption expenditure (C), real disposable income (Yd), real wealth (W) and real interest rate (1) in the USA for the period 1947-2019. In C = B1 + B2 ln Yd + B3 In We + B4lt + u¢
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Transcribed Image Text:Year
C
Yd
W
1947
976,40
1035,20
5166,82
10,35
1948
998,10
1090,00
5280,76
4,72
1025,30
1090,90
1949
1095,60
5607,35
1,04
1950
1192,70
5759,52
0,41
1951
1107,10
1227,00
6086,06
5,28
1952
1142,40
1266,80
6243,86
0,28
1953
1197,20
1327,50
6355,61
0,56
1954
1221,90
1344,00
6797,03
0,14
1955
1310,40
1433,80
7172,24
0,26
1956
1348,80
1502,30
7375,18
0,74
1957
1381,80
1539,50
7315,29
0,26
1958
1393,00
1553,70
7869,98
0,57
1959
1470,70
1623,80
8188,05
2,30
1960
1510,80
1664,80 8351,76
1,51
1961
1541,20
1720,00
8971,87
1,30
1962
1617,30
1803,50
9091,55
1,40
1963
1684,00
1871,50
9436,10
2,06
1964
1784,80
2006,90 10003,40
2,03
1965
1897,60
2131,00 10562,81
2,11
1966
2006,10
2244,60 10522,04
2,02
1967
2066,20
2340,50 11312,07
1,21
1968
2184,20
2448,20 12145,41
1,05
1969
2264,80
2524,30 11672,25
1,73
1970
2317,50
2630,00 11650,04
1,17
1971
2405,20
2745,30 12312,92
0,71
1972
2550,50
2874,30 13499,92
0,16
1973
2675,90
3072,30 13080,96
1,41
1974
2653,70
3051,90 11868,79
1,04
1975
2710,90
3108,50 12634,36
3,53
1976
2868,90
3243,50 13456,78
0,66
1977
2992,10
3360,70 13786,31
1,19
1978
3124,70
3527,50 14450,50
0,11
1979
3203,20
3628,60 15340,00
1,70
1980
3193,00
3658,00 15964,95
2,30
1981
3236,00
3741,10 15964,99
4,70
1982
3275,50
3791,70 16312,51
4,45
1983
3454,30
3906,90 16944,85
4,69
1984
3640,60
4207,60 17526,75
5,85
1985
3820,90
4347,80 19068,35
4,33
1986
3981,20 4486,60 20530,04
3,77
1987
4113,40
4582,50 21235,69
2,82
1988
4279,50
4784,10 22331,99
3,29
1989
4393,70 4906,50 23659,80
4,32
1990
4474,50
5014,20 23105,13
3,60
1991
4466,60
5033,00 24050,21
1,80
1992
4594,50
5189,30 24418,20
1,01
5261,30 25092,33
5397,20 25218,60
1993
4748,90
0,62
1994
4928,10
2,21
1995
5075,60
5539,10 27439,73
3,33
1996
5237,50
5677,70 29448,19
3,08
1997
5423,90
5683,70
5854,50 32664,07
3,12
1998
6168,60 35587,02
3,58
1999
5968,40
6320,00 39591,26
3,25
2000
6257,80
6539,20 38167,72
3,58
2001
6251,81
6572,80 39908,77
3,70
2002
6432,27
6728,96 41639,29
3,88
2003
6612,73
6885,12 43369,80
4,05
2004
6793,19
7041,28 45100,32
4,23
2005
6973,65
7197,45 46830,83
4,40
2006
7154,12 7353,61 48561,35
4,58
2007
7334,58
7509,77 50291,86
4,75
2008
7468,42
7635,29 52025,01
4,92
2009
7633,35
7781,24 53756,40
5,09
2010
7798,27
7927,19 55487,80
5,26
2011
7963,19
8073,13 57219,19
5,43
2012
8128,12
8219,08 58950,58
5,60
2013
8293,04
8365,03 60681,98
5,77
2014
8457,97
8510,98 62413,37
5,95
2015
8622,89
8656,93 64144,76
6,12
2016
8787,81
8802,88 65876,16
6,29
2017
8952,74
8948,82 67607,55
6,46
2018
9117,66
9094,77 69338,94
6,63
2019
9282,58
9240,72 71070,34
6,80
Transcribed Image Text:Question 2) The following regression model will be estimated according to the data of real consumption expenditure (C), real
disposable income (Yd), real wealth (W) and real interest rate (1) in the USA for the period 1947-2019.
In C; = B1 + B2 ln Yd + Bz In We + B,le + u;
a) Estimate the model.
b) Find the variance amplification factor (VIF) values to test multicollinearity, what is the result?
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