Post−Recession (April 2011-June 2014)

Lag

LogL

LR

FPE

AIC

SC

HQ

0

7546.842

NA

1.26E−12

−18.88321

−18.86562

−18.87645

1

7699.529

303.8467

8.82E−13

−19.24288

−19.17254

−19.21585

2

7749.042

98.15824

7.97E−13

−19.34429

−19.22119*

−19.297

3

7776.692

54.60789

7.61E−13

−19.39097

−19.21512

−19.32341*

4

7789.338

24.8808

7.54E−13

−19.4001

−19.1715

−19.31227

5

7799.882

20.66430*

7.51e−13*

−19.40396*

−19.12261

−19.29587

6

7804.313

8.65274

7.59E−13

−19.39252

−19.05842

−19.26417

7

7809.674

10.42517

7.66E−13

−19.38341

−18.99655

−19.23479

8

7816.109

12.46743

7.71E−13

−19.37699

−18.93738

−19.2081