Figure 1.
The chart titled L M R by country presents small scatter panels for 17 countries arranged in rows and columns. The countries are Austria, Belgium, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, and United Kingdom. The horizontal axis represents year with values from about 2005 to 2016. The vertical axis represents L M R with values from about 0 to 9. Each panel shows yearly points across the same range. Austria shows values near 3.5 to 4.0. Belgium shows values near 3.0 to 3.8 with a slight decrease. Denmark shows values near 1.5 to 2.0. Finland shows values near 4.5 to 5.2. France shows values near 4.5 to 5.5. Germany shows values near 5.0 to 6.0 with a drop to about 3.5 near 2015. Greece shows values near 4.5 to 6. Ireland shows values near 2.8 to 4.2 with fluctuations. Italy shows values near 4.0 to 4.7. Luxembourg shows values near 4.2 to 6.0. Netherlands shows values near 3.7 to 4.0. Norway shows values near 4.3 to 4.8 with a drop near 3.5 in later years. Portugal shows values rising from about 5.8 to 6.8 near 2010 then declining to about 4.5 and increasing again near 5.2. Spain shows values near 5.0 to 6.5. Sweden shows values near 3.5 to 4.5 with gradual decrease. Switzerland shows values near 1.0 to 2.0. United Kingdom shows values near 2.0 to 2.8 with a gradual decrease.LMR By country
Note(s): This figure plots the evolution of LMR index by country for each of the 17 countries in the sample over the period 2007–2016