$s_t$ , $p_t-p_t^{\ast }$ , $i_t-i_t^{\ast }$

$s_{t+1}$ , $p_t-p_t^{\ast }$ , $i_t-i_t^{\ast }$

$\Delta s_{t+1}$ , $\Delta \left(p_t-p_t^{\ast }\right)$ , $\Delta \left(i_t-i_t^{\ast }\right)$

Eigenv

$Max\lambda$

trace

Eigenv

$Max\lambda$

trace

Eigenv

$Max\lambda$

trace

0.0679

20.84

39.78

0.0617

18.85

40.37

0.1487

47.51

87.52

0.0483

14.66

18.95

0.0562

17.11

21.52

0.0817

25.14

40.01

0.0144

4.29

4.29

0.0148

4.40

4.40

0.0492

14.88

14.88