Write a discussion paper on Panel data collection downloaded to excel then R studioI want someone skilled in R studio and excel. I want to collect data from developing countries in Africa and data from south Africa that deals with inflation. You can choose any countries in Africa since I myself don’t have the data available. Panel data to be more exact, I’m using the taylor rule model(formula) r = p + 0.5y + 0.5(p – 2) + 2
Where:
* r = nominal fed funds rate
* p = the rate of inflation
* y = the percent deviation between current real GDP and the long-term linear trend in GDP
*Use log gdp- average of the log
*Calculate output gap in excel then load it into R
*I would like you to estimate the Interest rate for south Africa with the Taylor rule.
You first put the panel data in excel then convert it in R studio using the taylor rule model(formula)