I have a problem regarding the correlation between two series of data.
The data is not normally distributed and I therefore need to use Newey-West corrected standard errors.
My problem lies in finding out how this can be done.
I have two datasets Y=y1,y2,....,yT and X=x1,x2,...,xT and want to use Excel.
Hope you can be of assistence.
The data is not normally distributed and I therefore need to use Newey-West corrected standard errors.
My problem lies in finding out how this can be done.
I have two datasets Y=y1,y2,....,yT and X=x1,x2,...,xT and want to use Excel.
Hope you can be of assistence.