From: 160 Years of aggregate supply and demand in Switzerland
CPI inflation | Real GDP growth | |
---|---|---|
First lag CPI inflation | 0.69 (0.09) | −0.24 (0.11) |
Second lag CPI inflation | −0.25 (0.10) | 0.05 (0.12) |
Third lag CPI inflation | 0.17 (0.09) | −0.12 (0.11) |
First lag real GDP growth | 0.42 (0.07) | −0.24 (0.09) |
Second lag real GDP growth | 0.17 (0.08) | −0.31 (0.09) |
Third lag real GDP growth | 0.04 (0.08) | 0.01 (0.10) |
Constant | −1.07 (0.59) | 4.33 (0.73) |
Log likelihood: -986.79 | No. of observations: 161 |