|
| 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 |
|