|
| | GDP Growth |
| | (1) | (2) | (3) |
|
|
| (Intercept) | 0.004*** | 0.002 | 0.004*** |
| | (0.001) | (0.002) | (0.001) |
| Lagged Growth | 0.398*** | 0.385*** | 0.344*** |
| | (0.087) | (0.089) | (0.088) |
| Spread | | 0.000 | |
| | | (0.001) | |
| Level | | 0.000 | |
| | | (0.000) | |
| Embedding 6 | | | 0.008* |
| | | | (0.003) |
|
|
| Obs. | 114 | 114 | 114 |
| BIC | -860.391 | -857.429 | -864.499 |
| R² | 0.158 | 0.168 | 0.203 |
|