Table 5

Correlation for non-EU countries

VariableEPULLPNPL
EPU1.000  
LLP0.0471.000 
 (0.52)  
 ((0.60))  
NPL0.0950.718***1.000
 (1.05)(11.36) 
 ((0.29))((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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