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For this problem, you need the Excel file intdef_data and the text document intdef_description. The Excel file contains annual data for 1948-2003 on the three-month
For this problem, you need the Excel file intdef_data and the text document intdef_description. The Excel file contains annual data for 1948-2003 on the three-month Treasury bill rate, the consumer price inflation rate, and the federal budget deficit as a percentage of GDP. See the text document for additional details. (a) Estimate a regression of the 3-month Treasury bill rate on the consumer price inflation rate and the federal budget deficit as a percentage of GDP. Obtain Newey-West standard errors for . Report your results in table form and then interpret your results
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