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)) |
| 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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