BD to INF causality

Countries

Long term

Medium term

Short term

0.01

0.05

1.00

1.50

2.00

2.50

Belgium

0.869

0.869

0.741

0.432

0.327

0.301

Cyprus

0.876

0.878

1.229

0.826

0.411

0.251

France

0.322

0.323

0.777

0.642

0.538

0.491

Germany

0.493

0.492

0.130

0.171

0.504

0.748

Netherlands

0.074

0.077

2.021

2.034

1.990

1.965

Spain

1.135

1.144

5.849

5.511

5.025

4.788

Sweden

1.099

1.097

0.497

0.589

0.638

0.659

UK

2.356

2.361

2.512

1.957

1.749

1.672