variable correlation coefficient

DEF_t

$DE{F}_t^2$

∆D_t

Div_t

∆W_t

C_t

X_t

DEF_t

1 -----

$DE{F}_t^2$

0.347028***

(0.0000)

1-----

∆D_i

0.258943***

(0.0000)

0.073180**

(0.0108)

1-----

Div_t

−0.082908***

(0.0039)

0.264070***

(0.0000)

0.101266***

(0.0004)

1-----

∆W_t

0.626276***

(0.0000)

0.382163***

(0.0000)

0.001528***

(0.9576)

−0.239616***

(0.0000)

1-----

C_t

−0.344287***

(0.0000)

0.346707***

(0.0000)

−0.050527*

(0.0787)

0.719605***

(0.0000)

−0.069993**

(0.0418)

1 -----

X_t

0.207763***

(0.0000)

0.358020***

(0.0000)

0.215305***

(0.0000)

0.57338***

(0.0000)

−0.23992**

(0.0000)

0.576197***

(0.0000)

1----