M1 Money Aggregate

Lags

Y

π

EX

Inpt

2

Coefficient

(T-Ratio)

[Prob.]

0.0041*

(2.1234)

[0.042]

−0.0040

(−0.2253)

[0.823]

−0.2575*

(−2.1000)

[0.044]

18.4744**

(19.8715)

[0.000]

4

Coefficient

(T-Ratio)

[Prob.]

0.0011

(0.2743)

[0.786]

0.0153

(0.5453)

[0.590]

−0.1748

(−0.8384)

[0.409]

18.3202**

(12.2084)

[0.000]

6

Coefficient

(T-Ratio)

[Prob.]

0.0049

(1.8713)

0.073

0.0658

(1.6366)

[0.114]

−1.0491*

(−2.1632)

[0.040]

22.6567**

(7.1990)

[0.000]