Regression for Prime Rate
|
| Dependent variable (+/- SE): |
| |
| Prime Rate |
|
| Constant | -16.544 (+/- 3.471) |
| p = 0.00005*** |
| Real disposable income growth | 0.186 (+/- 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 Index | 0.0001 (+/- 0.00001) |
| p = 0.00000*** |
| 30-year Treasury Yield | -11.089 (+/- 1.892) |
| p = 0.00001*** |
| LN_30-year Treasury Yield | 34.740 (+/- 5.199) |
| p = 0.00000*** |
| 20-year Treasury Yield | 31.531 (+/- 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*** |
|
| Observations | 40 |
| R2 | 0.973 |
| Adjusted R2 | 0.965 |
| Residual Std. Error | 0.262 (df = 30) |
| F Statistic | 121.131*** (df = 9; 30) |
|
| Note: | *p<0.1; **p<0.05; ***p<0.01 |