Step

Std Error

DLN_FFR

DLN_ARM

DLN_FOR_US

DLN_UNEMP

DEFICIT

DLN_CSXR

1

0.00195025

1.570

7.688

0.721

0.044

2.401

87.576

2

0.00329646

1.315

8.489

0.281

0.049

0.930

88.936

3

0.00426754

1.899

6.109

0.324

0.589

0.913

90.165

4

0.00491196

4.419

5.233

0.799

0.548

2.000

87.000

5

0.00556856

4.467

4.172

1.189

5.153

4.975

80.043

6

0.00588991

4.144

3.862

1.071

5.839

5.923

79.160

7

0.00617221

4.430

3.823

1.601

5.502

5.499

79.143

8

0.00651734

7.724

3.825

3.392

4.935

5.603

74.521

9

0.00709635

12.758

4.544

5.099

5.572

5.662

66.367

10

0.00778300

17.007

4.023

7.693

8.640

4.757

57.880

11

0.00820722

17.990

3.853

8.605

11.487

4.288

53.777

12

0.00852257

18.405

3.611

8.790

14.024

4.224

50.945

13

0.00883580

17.943

3.375

8.887

15.216

4.402

50.176

14

0.00919835

18.037

3.116

9.172

14.996

4.490

50.190

15

0.00948950

17.658

2.929

9.128

14.555

4.474

51.256

16

0.00970588

17.597

2.928

9.184

14.265

4.455

51.571

17

0.00988925

17.810

3.276

9.047

14.427

4.316

51.124

18

0.01011891

18.788

4.209

9.070

14.180

4.214

49.538

19

0.01037526

18.858

5.031

9.806

14.272

4.346

47.687

20

0.01066629

18.690

5.384

10.889

14.611

4.474

45.953

21

0.01097339

18.587

5.679

11.828

15.131

4.405

44.370

22

0.01130675

18.455

6.217

12.505

15.789

4.206

42.828

23

0.01160513

17.846

7.373

12.668

16.607

4.066

41.440

24

0.01183356

17.251

8.905

12.792

16.684

3.991

40.377