Table 3 Correlation (all countries –...

Table 3

Correlation (all countries – full sample)

Variable	EPU	LLP	NPL
EPU	1.000
LLP	−0.097	1.000
	(−1.32)
	((0.18))
NPL	−0.085	0.919***	1.000
	(−1.15)	(31.61)
	((0.24))	((0.00))

Note(s): t-statistics are reported in single parenthesis. p-values are reported in double parenthesis. *** indicates statistical significance at the 1% level

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