| Summary | |||
| Estimated number of breaks: 1 | |||
| Method: Bai-Perron tests of L + 1 vs. L sequentially determined Breaks | |||
| Maximum number of breaks: 5 | |||
| Break: 2008M09 | |||
| Multiple breakpoint tests | |||
| Sequential F-statistic determined breaks: | 1 | ||
| Scaled | Critical | ||
| Variable | Break Test | F-statistic | Value** |
| Oil Prices | 0 vs. 1* | 27.48 | 8.58 |
| 1 vs. 2 | 7.32 | 10.13 | |
| Stock Prices | 0 vs. 1* | 29.99 | 8.58 |
| 1 vs. 2 | 9.22 | 10.13 | |
| Break(s): | Sequential | Repartition | |
| 1 | 2008M09 | 2008M09 | |