THE ECONOMETRIC ANALYSIS OF THE DEPENDENCE BETWEEN THE CONSUMER, GDP AND THE INTEREST RATE USING THE EVIEWS PROGRAM

Abstract

In this paper is performed an econometric analysis of the dependence between of consumption, GDP and interest rates of 15 European Union countries over a period of three years. The main purpose of this paper is to show how this can be done using the Eviews program, the steps that we must go through this program and to forecast achievements of the phenomenon studied.

Keywords

• Gross Domestic Product (GDP)
• Method of Least Squares (MLS)
• Ordinary Least Squares (OLS)
• Eviews Program