FEVD of the base model
| Response variable/forecast horizon | Emerging economies | Advanced economies | ||||
|---|---|---|---|---|---|---|
| Impulse variable | Impulse variable | |||||
| GDP | CPI | FSI | GDP | CPI | FSI | |
| GDP | ||||||
| 10 | 0.8611 | 0.1373 | 0.0016 | 0.5221 | 0.3952 | 0.0827 |
| 20 | 0.7634 | 0.2300 | 0.0063 | 0.4501 | 0.4846 | 0.0652 |
| GDP | ||||||
| 10 | 0.2310 | 0.7537 | 0.0152 | 0.2896 | 0.7018 | 0.0085 |
| 20 | 0.3693 | 0.6158 | 0.0150 | 0.3071 | 0.6683 | 0.0246 |
| GDP | ||||||
| 10 | 0.0848 | 0.2123 | 0.7029 | 0.1017 | 0.2053 | 0.6929 |
| 20 | 0.2015 | 0.1958 | 0.6027 | 0.1585 | 0.2082 | 0.6333 |
| Response variable/forecast horizon | Emerging economies | Advanced economies | ||||
|---|---|---|---|---|---|---|
| Impulse variable | Impulse variable | |||||
| GDP | CPI | FSI | GDP | CPI | FSI | |
| GDP | ||||||
| 10 | 0.8611 | 0.1373 | 0.0016 | 0.5221 | 0.3952 | 0.0827 |
| 20 | 0.7634 | 0.2300 | 0.0063 | 0.4501 | 0.4846 | 0.0652 |
| GDP | ||||||
| 10 | 0.2310 | 0.7537 | 0.0152 | 0.2896 | 0.7018 | 0.0085 |
| 20 | 0.3693 | 0.6158 | 0.0150 | 0.3071 | 0.6683 | 0.0246 |
| GDP | ||||||
| 10 | 0.0848 | 0.2123 | 0.7029 | 0.1017 | 0.2053 | 0.6929 |
| 20 | 0.2015 | 0.1958 | 0.6027 | 0.1585 | 0.2082 | 0.6333 |
Source(s): Own elaboration
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