Define a dummy variable equal to 1

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In october 1979 the federal reserve changed its policy of using finely tuned interest rate adjustement and instead began targeting the money supply. using the data in INTDEF.RAW, Define a dummy variable equal to 1 for years after 1979. Include this dummy in equation (10.15) to see if there is a shift in the interest rate equation after 1979. what do you conclude ?

Reference no: EM13759548

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