| Model 1 | Modle 2 | Model 3 | Model 4 | Model 5 |
C | 0.55*** (2.63) | 0.55*** (2.61) | 0.55*** (2.60) | 0.55 (1.32) | 0.66 (1.26) |
INFLATION | 0.16** (2.02) | 0.16** (2.02) | 0.16** (1.95) | 0.16 (1.13) | 0.12 (0.62) |
OUTPUT | 0.29*** (2.71) | 0.29*** (2.73) | 0.05*** (2.68) | 0.29** (2.29) | 0.29*** (2.38) |
S (−1) |
| 0.01 (0.36) | 0.71 (0.35) | 0.01 (0.46) | 0.03 (0.28) |
S (−2) |
|
| 0.87 (0.17) |
|
|
AdjR | 0.07 | 0.06 | 0.05 | 0.06 | 0.01 |
F | 4.04 | 3.29 | 2.45 | 3.29 |
|
DW | 0.03 | 0.03 | 0.03 | 0.03 | 0.07 |