Table 6

Correlation for G7 countries

VariableEPULLPNPL
EPU1.000  
LLP−0.1921.000 
 (−1.51)  
 ((0.13))  
NPL−0.219*0.948***1.000
 (−1.74)(23.14) 
 ((0.08))((0.00)) 

Note(s): t-statistics are reported in single parenthesis. p-values are reported in double parenthesis. *** and * indicate statistical significance at the 1 and 10% level, respectively

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