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Mike Moffatt

Mike's Economics Blog

By Mike Moffatt, About.com Guide to Economics

How to Do a Painless Multivariate Econometrics Project

Wednesday January 7, 2004
I've gotten a lot of e-mails from students thanking me for "How to Do a Painless Econometrics Project", but told me they could not use the Okun's Law example as they needed to do a multivariate regression.

In "How to Do a Painless Multivariate Econometrics Project" I show students how they can quickly and easily do regression analysis in Microsoft Excel. In this example we calculate the marginal propensity to consume and see if the prime rate influences American consumption patterns. I have a feeling it will be one of the most popular articles on the site for years to come.

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