Table 4 Correlation matrix of VAR-residuals (1976Q3–2018Q3)
| Â | RMG | INT | YG | INF | REER |
|---|---|---|---|---|---|
RMG | 1 | − 0.331 | − .280 | − .236 | .297 |
IL | − .331 | 1 | .225 | .113 | − .259 |
YG | − .280 | .225 | 1 | .050 | − .360 |
INF | − .236 | .113 | .050 | 1 | − .175 |
REER | .297 | − .259 | − .360 | − .175 | 1 |