Max p

Selected p

GDP

RPCE

GDPDEF

INVEST

WAGE

PROD

FEDFUNDS

PROFIT

M2

Benchmark

0.378

0.156

0.066

3.502

0.131

0.334

0.381

46.104

1.625

Lag 1 - 3

Lag = 1

0.338

0.155

0.075

3.150

0.133

0.358

0.384

43.059

1.608

lag 4

lag = 4

0.465

0.233

0.092

3.177

0.286

0.484

0.863

51.692

1.823

lag 5

lag = 5

0.507

0.249

0.109

3.273

0.315

0.651

1.175

49.865

2.224

lag 6

lag = 6

9.321

2.706

0.425

62.768

2.320

3.364

13.529

352.262

4.084