Series | Phillips-Perron | PDF-GLS | ||
C | C/T | C | C/T | |
lnTB | −2.182 | −3.274 | −1.746 | −3.164 |
lnY | 0.611 | −0.919 | 1.870 | −1.742 |
lnRER | −2.287 | −3.138 | −2.293* | −2.932 |
ΔlnTB | −7.722* | −8.163* | −5.850* | −6.832* |
ΔlnY | −4.376* | −4.748* | −2.843* | −3.784* |
ΔlnRER | −6.940* | −6.864* | −7.018* | −7.027* |