Endogenous variables: D(FEDR) D(YGAP) D(SAP) D(R) D(ZARX)

Exogenous variables: C

Lag specification: 1 5

Root

Modulus

0.973930

0.973930

0.817375 − 0.336646i

0.883986

0.817375 + 0.336646i

0.883986

0.616151 + 0.517721i

0.804784

0.616151 − 0.517721i

0.804784

0.134288 + 0.763305i

0.775028

0.134288 − 0.763305i

0.775028

−0.210375 + 0.732135i

0.761760

−0.210375 − 0.732135i

0.761760

0.759331

0.759331

−0.395716 − 0.639673i

0.752178

−0.395716 + 0.639673i

0.752178

−0.544812 + 0.456728i

0.710929

−0.544812 − 0.456728i

0.710929

0.437088 − 0.506262i

0.668840

0.437088 + 0.506262i

0.668840

−0.528613 + 0.344574i

0.631002

−0.528613 − 0.344574i

0.631002

0.010091 − 0.540546i

0.540640

0.010091 + 0.540546i

0.540640

−0.453869

0.453869

−0.257422 + 0.328211i

0.417119

−0.257422 − 0.328211i

0.417119

0.095420 + 0.103013i

0.140416

0.095420 − 0.103013i

0.140416

No root lies outside the unit circle.

VAR satisfies the stability condition.