GDP Growth
(1) (2) (3) (4) (5)
(Intercept) 0.009***0.006***0.004*** 0.0020.004***
(0.002) (0.001) (0.001) (0.002) (0.001)
Embedding 1 0.007
(0.010)
Embedding 2 0.022**
(0.008)
Embedding 3 -0.051*
(0.022)
Embedding 4 0.017
(0.010)
Embedding 5 0.020*
(0.009)
Embedding 6 0.046**0.011*** 0.008*
(0.015) (0.003) (0.003)
Lagged Growth 0.398***0.385***0.344***
(0.087) (0.089) (0.088)
Spread 0.000
(0.001)
Level 0.000
(0.000)
Obs. 115 115 114 114 114
BIC -859.151-860.263-860.391-857.429-864.499
0.169 0.093 0.158 0.168 0.203