Table 8 Generalized forecast error... | Emerald Publishing

Table 8

Generalized forecast error variance decomposition of CPI (asymmetric VARX: M0(+))

Period (month)	m0_pos	ltir	exr	loan	cpi	gdp
1	3.78	0.69	20.75	5.98	64.67	4.13
2	3.26	3.51	18.43	8.60	61.65	4.55
3	3.09	3.71	17.80	9.32	61.21	4.87
4	3.01	3.88	17.53	9.50	60.90	5.18
5	2.98	3.96	17.42	9.50	60.67	5.47
6	2.98	4.00	17.37	9.47	60.46	5.72
7	2.99	4.03	17.34	9.43	60.27	5.94
8	3.00	4.05	17.33	9.39	60.11	6.12
9	3.01	4.06	17.33	9.36	59.97	6.27
10	3.01	4.07	17.33	9.33	59.86	6.40
11	3.02	4.08	17.33	9.31	59.76	6.51
12	3.02	4.08	17.33	9.29	59.68	6.59

Period (month)	m0_pos	ltir	exr	loan	cpi	gdp
1	3.78	0.69	20.75	5.98	64.67	4.13
2	3.26	3.51	18.43	8.60	61.65	4.55
3	3.09	3.71	17.80	9.32	61.21	4.87
4	3.01	3.88	17.53	9.50	60.90	5.18
5	2.98	3.96	17.42	9.50	60.67	5.47
6	2.98	4.00	17.37	9.47	60.46	5.72
7	2.99	4.03	17.34	9.43	60.27	5.94
8	3.00	4.05	17.33	9.39	60.11	6.12
9	3.01	4.06	17.33	9.36	59.97	6.27
10	3.01	4.07	17.33	9.33	59.86	6.40
11	3.02	4.08	17.33	9.31	59.76	6.51
12	3.02	4.08	17.33	9.29	59.68	6.59

Source(s): Authors’ own work