Resreaxh methods in finance

Use the World Bank database (https://data.worldbank.org) to obtain the following:

Select a country

Select the sample period as the most recent 30 years

For the selected country download the following variables:

GDP growth (annual %)

Domestic credit to private sector by banks (% of GDP)

Military expenditure (% of GDP)

Estimate a multiple regression model with GDP growth as the dependent variable and the other two variables as the independent variables using OLS.

Calculate Whites test

Structure of the written report:

Introduction

Data and Methodology

Sample

Model

Estimation methods

Results and Discussion

Conclusion

References

The written report should be typed, double spaced, Times New Roman, Font size 12, word limit 1500.