%∇P_1

EFFR_1

%∇GDP_1

%∇P (UNRES)

−0.074

−0.001

−0.004

%∇P (RES)

−0.074

−0.001

−0.004

(0.065)

(0.028)

(0.027)

EFFR (UNRES)

−0.029*

0.95

0.026

EFFR (RES)

−0.029*

0.95

0.026

(0.049)

(0.021)

(0.02)

%∇GDP (UNRES)

−0.008

−0.106

−0.003

%∇GDP (RES)

−0.008

−0.106

−0.003

(0.157)

(0.069)

(0.064)

Wald

5.90528e−20

*significant at 5% level