Variables

(1)

(2)

(3)

(4)

(5)

(1) lnRM2

1.000

(2) Infl

0.015

1.000

(3) lnRGDP

1.00*

0.015

1.000

(4) Exch

0.022

−0.06

0.022

1.000

(5) LIBOR

−0.01

0.23*

−0.02

−0.26*

1.000