Sample (adjusted): 1997Q2 2016Q1

Included observations: 76 after adjustments

Convergence achieved after 10 iterations

MA Backcast: 1997Q1

Sample (adjusted): 1997Q2 2016Q1

Variable

Coefficient

Std. Error

t-Statistic

Prob.

AR (1)

0.555378

0.122424

4.536497

0.0000

MA (1)

0.456640

0.134248

3.401468

0.0011

R-squared

0.579268

Mean dependent var

−0.003815

Adjusted R-squared

0.573582

S.D. dependent var

0.205956

S.E. of regression

0.134491

Akaike info criterion

−1.148676

Sum squared resid

1.338498

Schwarz criterion

−1.087341

Log likelihood

45.64970

Hannan-Quinn criter.

−1.124164

Durbin-Watson stat

1.894332