Model 1

Model 2

Model 3 (First Difference of Model 2)

LN_CSXR

12364.4 (1.000)

12384.30 (1.000)

110.456 (1.000)

LN_FFR

3.3991 (0.9968)

3.7322 (0.9984)

3.7669 (0.9985)

LN_For_US

2.7087 (0.9856)

2.5714 (0.9806)

1.2564 (0.7168)

LN_UNEMP

1.8042 (0.9081)

2.4178 (0.9729)

1.8233 (0.9053)

DEFICIT

0.9944 (0.5582)

1.1619 (0.6656)

1.6930 (0.8769)

LN_MORT30

0.7084 (0.3351)

LOG_ARM

2.2569 (0.9618)

2.4997 (0.9772)