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Regression for Prime Rate
Dependent variable (+/- SE):
Prime Rate
Constant-16.544 (+/- 3.471)
p = 0.00005***
Real disposable income growth0.186 (+/- 0.029)
p = 0.00000***
Nominal disposable income growth-0.171 (+/- 0.029)
p = 0.00001***
Unemployment Rate-0.497 (+/- 0.056)
p = 0.000***
Dow Total Stock Market Index0.0001 (+/- 0.00001)
p = 0.00000***
30-year Treasury Yield-11.089 (+/- 1.892)
p = 0.00001***
LN_30-year Treasury Yield34.740 (+/- 5.199)
p = 0.00000***
20-year Treasury Yield31.531 (+/- 3.974)
p = 0.000***
LN_20-year Treasury Yield-55.819 (+/- 6.090)
p = 0.000***
20-year Treasury Yield_2-1.882 (+/- 0.390)
p = 0.00004***
Observations40
R20.973
Adjusted R20.965
Residual Std. Error0.262 (df = 30)
F Statistic121.131*** (df = 9; 30)
Note:*p<0.1; **p<0.05; ***p<0.01