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Table 4 SVAR results of Slovakia 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

0.458***

0.027

 − 0.035**

0.015

/a_3_1

 − 0.36***

0.095

 − 0.021***

0.0002

/a_4_1

0.110**

0.0401

 − 0.23***

0.066

/a_1_2

0

(Constrained)

0

(Constrained)

/a_2_2

1

(Constrained)

1

(Constrained)

/a_3_2

 − 0.329***

0.068

 − 0.08***

0.002

/a_4_2

 − 1.663***

0.535

0.785***

0.0535

/a_1_3

0

(Constrained)

0

(Constrained)

/a_2_3

0

(Constrained)

0

(Constrained)

/a_3_3

1

(Constrained)

1

(Constrained)

/a_4_3

8.976***

0.144

1.350***

0.452

/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

0.281***

0.038

0.286***

0.036

/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

0.039***

0.005

0.033***

0.004269

/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

0.013***

0.001893

0.0003***

5.04e-05

/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) = 20.74, Prob > chi2 = 0.000, Number of obs. = 21, Log likelihood = 154.1757. LR test of identifying restrictions: chi2(1) = 38.88, Prob > chi2 = 0.000, Number of obs. = 31, Log likelihood = 224.4755
  2. ** denotes statistical significance of coefficients at 5% level, and *** denotes statistical significance of coefficients at 1% level