Series

Levels

First differences

Trend

ADF

PP

ADF

PP

Eurb 3 m

−2.41

−2.23

−6.78

−6.84

Negative

Eurb 1 y

−2.42

−2.22

−7

−7.15

Negative

Eonia

−2.33

−2.34

−8.64

−13.79

Negative

MROR

−1.28

−1.28

−6.26

−11.98

Negative

IPI

−1.62

−2.03

−8.51

−15.68

Positive

Unemployment

−1.76

−0.856

−5.45

−5.58

Positive

Inflation

−1.47

−2.20

−7.88

−12.71

Negative

Core inflation

−1.78

−1.8

−16.49

−16.36

Negative

C. V. MacKinnon 1%, 5%, 10%

C. V. MacKinnon 1%, 5%, 10%

−4; −3.43; −3.139

−3.46; −2.87; −2.57