Augmented Dickey-Fuller

Phillips-Perron

No intercept No trend

No intercept No trend

No intercept No trend

No intercept No trend

Nominal interest

−0.150 (1)

−2.069 (1)

−0.026 (1)

−2.017 (1)

D (Int. nominal)

−6.194*** (0)

−6.378*** (0)

−6.198*** (0)

−6.382*** (0)

Neutre Interest

−3.377** (1)

−3.325* (1)

−3.183** (1)

−3,131 (1)

Inflation gap

−3.580** (1)

−3.670** (1)

−3.228** (1)

−3.378* (1)

Production gap

−2.987** (1)

−2.931 (1)

−2.651*(1)

−2.569 (1)

Exchange gap

−1.917 (1)

−1.960 (1)

−1.977 (1)

−2.163 (1)

D (Exchange gap)

−5.077*** (0)

−4.970*** (0)

−5.074*** (0)

−4.968*** (0)