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Table 3 SVAR results of Poland 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

 − 0.14***

0.044

 − 0.09**

0.045

/a_3_1

 − 0.071***

0.021

0.24***

0.02

/a_4_1

0.233***

0.068

 − 0.31***

0.063

/a_1_2

0

(Constrained)

0

(Constrained)

/a_2_2

1

(Constrained)

1

(Constrained)

/a_3_2

 − 0.238**

0.091

 − 0.163**

0.076

/a_4_2

0.124***

0.0338

 − 0.450**

0.221

/a_1_3

0

(Constrained)

0

(Constrained)

/a_2_3

0

(Constrained)

0

(Constrained)

/a_3_3

1

(Constrained)

1

(Constrained)

/a_4_3

 − 1.444**

0.648

 − 0.891**

0.337

/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

0.289***

0.04

0.283***

0.034809

/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

0.065***

0.009

0.074***

0.009097

/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

0.03***

0.004

0.032***

0.003988

/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)

  1. LR test of identifying restrictions: chi2(1) = 40.21, Prob > chi2 = 0.000, Number of obs. = 26, Log likelihood = 58.42637. LR test of identifying restrictions: chi2(1) = 48.35, Prob > chi2 = 0.000, Number of obs. = 33, Log likelihood = 68.486
  2. ** denotes statistical significance of coefficients at 5% level, and *** denotes statistical significance of coefficients at 1% level