Table 5

VAR residual normality tests

Orthogonalization: Cholesky (Lutkepohl)
Null hypothesis: residuals are multivariate normal
Sample: 2018–2021
Included observations: 1,071
ComponentSkewnessChi-sqdfProb
1−0.0929481.54213410.2143
20.0639310.72955210.3930
30.2278639.26803010.0023
40.0907221.46914810.2255
Joint 13.0088640.0112
ComponentKurtosisChi-sqdfProb
14.12318956.2968010.0000
24.00625045.1845610.0000
35.867968367.051410.0000
4532.440512,508,70910.0000
Joint 12,509,17740.0000
ComponentJarque–BeradfProb
157.8389320.0000
245.9141120.0000
3376.319420.0000
412,508,71020.0000
Joint12,509,19080.0000

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