Journal for Labour Market Research

Table 2 SVAR results of Hungary before and after crisis

From: Labour mobility as an adjustment mechanism to asymmetric shocks in Europe: evidence from the Czech Republic, Hungary, Poland and Slovakia

	Before crisis		After crisis
	Coefficient	Std. error	Coefficient	Std. error
/a_1_1	1	(Constrained)	1	(Constrained)
/a_2_1	− 0.612***	0.045	0.1**	0.041
/a_3_1	− 0.528***	0.011	0.041**	0.016
/a_4_1	− 0.147**	0.0662	− 0.309	0.621
/a_1_2	0	(Constrained)	0	(Constrained)
/a_2_2	1	(Constrained)	1	(Constrained)
/a_3_2	− 0.111**	0.05	− 0.083**	0.041
/a_4_2	− 0.396***	0.115	− 2.276***	0.238
/a_1_3	0	(Constrained)	0	(Constrained)
/a_2_3	0	(Constrained)	0	(Constrained)
/a_3_3	1	(Constrained)	1	(Constrained)
/a_4_3	0.39***	0.113	− 3.248***	0.6464
/a_1_4	0	(Constrained)	0	(Constrained)
/a_2_4	0	(Constrained)	0	(Constrained)
/a_3_4	0	(Constrained)	0	(Constrained)
/a_4_4	1	(Constrained)	1	(Constrained)
/b_1_1	0.298***	0.041	0.292***	0.035
/b_2_1	0	(Constrained)	0	(Constrained)
/b_3_1	0	(Constrained)	0	(Constrained)
/b_4_1	0	(Constrained)	0	(Constrained)
/b_1_2	0	(Constrained)	0	(Constrained)
/b_2_2	0.068***	0.009	0.087***	0.011
/b_3_2	0	(Constrained)	0	(Constrained)
/b_4_2	0	(Constrained)	0	(Constrained)
/b_1_3	0	(Constrained)	0	(Constrained)
/b_2_3	0	(Constrained)	0	(Constrained)
/b_3_3	0.017***	0.002	0.027***	0.003
/b_4_3	0	(Constrained)	0	(Constrained)
/b_1_4	0	(Constrained)	0	(Constrained)
/b_2_4	0	(Constrained)	0	(Constrained)
/b_3_4	0	(Constrained)	0	(Constrained)
/b_4_4	1	(Constrained)	1	(Constrained)

LR test of identifying restrictions: chi2(1) = 93.66, Prob > chi2 = 0.000, Number of obs. = 26, Log likelihood = 72.19042. LR test of identifying restrictions: chi2(1) = 18.48, Prob > chi2 = 0.000, Number of obs. = 34, Log likelihood = 67.38943
^** denotes statistical significance of coefficients at 5% level, and ^*** denotes statistical significance of coefficients at 1% level

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