{
 "retrieved": "2026-11-14",
 "runs": {
  "bvar13_fx": {
   "model": "bvar",
   "spec": {
    "time": "year",
    "horizon": 6,
    "draws": 3000,
    "burn": 500,
    "seed": 7,
    "delta": 0,
    "lambda1": 0.1,
    "vars": [
     "fx_dep",
     "infl",
     "lend",
     "reserves",
     "gdp",
     "cons",
     "inv",
     "exp",
     "imp",
     "dep",
     "money",
     "credit",
     "unemp"
    ],
    "lags": 1
   },
   "error": null,
   "summary": [
    {
     "label": "Observations",
     "value": 33
    },
    {
     "label": "Prior",
     "value": "Minnesota (Litterman)"
    },
    {
     "label": "Lags",
     "value": 1
    },
    {
     "label": "lambda1",
     "value": 0.1
    },
    {
     "label": "Share of stable draws",
     "value": 1.0
    },
    {
     "label": "Distance from OLS (relative)",
     "value": 0.97
    }
   ],
   "nobs": 33,
   "tables": [
    {
     "title": "Unit-root tests",
     "rows": [
      [
       "fx_dep",
       0.0009,
       0.0069,
       0.0001,
       0.1,
       "I(0)"
      ],
      [
       "infl",
       0.0041,
       0.002,
       0.0,
       0.0734,
       "I(0)"
      ],
      [
       "lend",
       0.0001,
       0.0015,
       0.0,
       0.1,
       "I(0)"
      ],
      [
       "reserves",
       0.0005,
       0.8828,
       0.0001,
       0.1,
       "I(0)"
      ],
      [
       "gdp",
       0.0183,
       0.0567,
       0.0,
       0.0594,
       "I(0)"
      ],
      [
       "cons",
       0.0951,
       0.8579,
       0.0628,
       0.0217,
       "I(1) or I(2): borderline"
      ],
      [
       "inv",
       0.0569,
       0.3508,
       0.9408,
       0.0369,
       "I(2)?"
      ],
      [
       "exp",
       0.0001,
       0.178,
       0.1156,
       0.1,
       "I(0)"
      ],
      [
       "imp",
       0.0,
       0.2457,
       0.0019,
       0.1,
       "I(0)"
      ],
      [
       "dep",
       0.0869,
       0.2332,
       0.0,
       0.1,
       "I(1)"
      ],
      [
       "money",
       0.0006,
       0.0008,
       0.0004,
       0.0726,
       "I(0)"
      ],
      [
       "credit",
       0.0,
       0.0,
       0.0,
       0.0468,
       "I(0)"
      ],
      [
       "unemp",
       0.0,
       0.0,
       0.0011,
       0.1,
       "I(0)"
      ]
     ]
    },
    {
     "title": "Lag order: Bayesian marginal likelihood and BIC",
     "rows": [
      [
       1,
       -983.59,
       14.2983
      ],
      [
       2,
       -980.323,
       -264.6428
      ]
     ]
    },
    {
     "title": "Overall tightness lambda1 by marginal likelihood",
     "rows": [
      [
       0.02,
       -1028.777
      ],
      [
       0.05,
       -1024.298
      ],
      [
       0.1,
       -1014.047
      ],
      [
       0.2,
       -1000.412
      ],
      [
       0.5,
       -1008.805
      ],
      [
       1.0,
       -1057.214
      ],
      [
       5.0,
       -1281.75
      ]
     ]
    },
    {
     "title": "Equation: fx_dep",
     "rows": [
      [
       "const",
       3.028222,
       1.34901,
       0.486264,
       3.00844,
       5.709408,
       0.988
      ],
      [
       "L1.fx_dep",
       0.091813,
       0.083837,
       -0.071766,
       0.092261,
       0.252233,
       0.859
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      [
       "L1.infl",
       0.02717,
       0.082846,
       -0.132467,
       0.026723,
       0.187384,
       0.626
      ],
      [
       "L1.lend",
       -0.031542,
       0.220897,
       -0.456742,
       -0.034713,
       0.413948,
       0.438
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      [
       "L1.reserves",
       -0.007122,
       0.007013,
       -0.021384,
       -0.007145,
       0.006532,
       0.159
      ],
      [
       "L1.gdp",
       0.006353,
       0.161979,
       -0.301234,
       0.006596,
       0.320314,
       0.517
      ],
      [
       "L1.cons",
       0.019879,
       0.08685,
       -0.152009,
       0.019558,
       0.189231,
       0.593
      ],
      [
       "L1.inv",
       0.053288,
       0.259196,
       -0.464501,
       0.052094,
       0.563072,
       0.579
      ],
      [
       "L1.exp",
       0.053191,
       0.116911,
       -0.183917,
       0.053496,
       0.277318,
       0.681
      ],
      [
       "L1.imp",
       0.028597,
       0.073136,
       -0.109607,
       0.028868,
       0.171107,
       0.65
      ],
      [
       "L1.dep",
       0.019982,
       0.174137,
       -0.325623,
       0.02102,
       0.35735,
       0.558
      ],
      [
       "L1.money",
       -0.018313,
       0.062721,
       -0.142981,
       -0.017676,
       0.105707,
       0.375
      ],
      [
       "L1.credit",
       0.003648,
       0.088648,
       -0.167021,
       0.003858,
       0.174941,
       0.517
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      [
       "L1.unemp",
       -0.225927,
       0.36061,
       -0.91185,
       -0.220568,
       0.472203,
       0.271
      ]
     ]
    },
    {
     "title": "Equation: infl",
     "rows": [
      [
       "const",
       5.827323,
       0.916896,
       3.98536,
       5.824322,
       7.642685,
       1.0
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      [
       "L1.fx_dep",
       0.004984,
       0.027444,
       -0.049422,
       0.005291,
       0.057683,
       0.579
      ],
      [
       "L1.infl",
       0.098301,
       0.08726,
       -0.070196,
       0.096601,
       0.275394,
       0.87
      ],
      [
       "L1.lend",
       0.03552,
       0.131515,
       -0.229286,
       0.038157,
       0.297189,
       0.616
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      [
       "L1.reserves",
       0.001534,
       0.004103,
       -0.006563,
       0.001523,
       0.009616,
       0.654
      ],
      [
       "L1.gdp",
       0.010338,
       0.095656,
       -0.181769,
       0.011463,
       0.192411,
       0.541
      ],
      [
       "L1.cons",
       0.009403,
       0.05191,
       -0.093063,
       0.009848,
       0.109666,
       0.572
      ],
      [
       "L1.inv",
       -0.060819,
       0.156864,
       -0.369149,
       -0.062715,
       0.237085,
       0.354
      ],
      [
       "L1.exp",
       -0.009868,
       0.068799,
       -0.138784,
       -0.008579,
       0.12396,
       0.445
      ],
      [
       "L1.imp",
       -0.01008,
       0.043203,
       -0.095633,
       -0.0104,
       0.075747,
       0.41
      ],
      [
       "L1.dep",
       0.034304,
       0.100276,
       -0.162553,
       0.033736,
       0.230321,
       0.637
      ],
      [
       "L1.money",
       -0.006688,
       0.036042,
       -0.074033,
       -0.007657,
       0.064632,
       0.419
      ],
      [
       "L1.credit",
       0.000681,
       0.05184,
       -0.099092,
       0.001207,
       0.103554,
       0.509
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      [
       "L1.unemp",
       -0.160413,
       0.206909,
       -0.563633,
       -0.155682,
       0.246329,
       0.216
      ]
     ]
    },
    {
     "title": "Equation: lend",
     "rows": [
      [
       "const",
       -0.287901,
       0.292634,
       -0.867142,
       -0.288655,
       0.292266,
       0.17
      ],
      [
       "L1.fx_dep",
       0.008112,
       0.010561,
       -0.012793,
       0.008038,
       0.028148,
       0.786
      ],
      [
       "L1.infl",
       0.007429,
       0.017889,
       -0.027204,
       0.007114,
       0.042247,
       0.655
      ],
      [
       "L1.lend",
       0.02706,
       0.088264,
       -0.141809,
       0.027135,
       0.203425,
       0.617
      ],
      [
       "L1.reserves",
       -0.000997,
       0.001543,
       -0.003965,
       -0.001009,
       0.002118,
       0.26
      ],
      [
       "L1.gdp",
       0.009771,
       0.036283,
       -0.06268,
       0.009521,
       0.080522,
       0.609
      ],
      [
       "L1.cons",
       0.002417,
       0.018869,
       -0.033395,
       0.001911,
       0.040835,
       0.544
      ],
      [
       "L1.inv",
       -0.002345,
       0.055894,
       -0.114338,
       -0.002009,
       0.103488,
       0.488
      ],
      [
       "L1.exp",
       0.018674,
       0.025268,
       -0.030622,
       0.018406,
       0.068947,
       0.772
      ],
      [
       "L1.imp",
       0.006802,
       0.016351,
       -0.026158,
       0.00738,
       0.037601,
       0.664
      ],
      [
       "L1.dep",
       0.014028,
       0.038002,
       -0.062293,
       0.014415,
       0.088444,
       0.653
      ],
      [
       "L1.money",
       -0.000499,
       0.013375,
       -0.026717,
       -0.000442,
       0.026032,
       0.487
      ],
      [
       "L1.credit",
       0.006289,
       0.019282,
       -0.030076,
       0.005784,
       0.044789,
       0.622
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      [
       "L1.unemp",
       -0.069666,
       0.079594,
       -0.222309,
       -0.069659,
       0.086446,
       0.194
      ]
     ]
    },
    {
     "title": "Equation: reserves",
     "rows": [
      [
       "const",
       10.702701,
       9.221573,
       -7.350965,
       10.639915,
       30.289715,
       0.883
      ],
      [
       "L1.fx_dep",
       0.033637,
       0.330933,
       -0.627087,
       0.030225,
       0.68209,
       0.537
      ],
      [
       "L1.infl",
       0.012006,
       0.549923,
       -1.093293,
       0.024175,
       1.048146,
       0.514
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      [
       "L1.lend",
       0.847389,
       1.5027,
       -2.008778,
       0.820662,
       3.818078,
       0.719
      ],
      [
       "L1.reserves",
       0.066283,
       0.086238,
       -0.103095,
       0.065958,
       0.234714,
       0.783
      ],
      [
       "L1.gdp",
       0.086139,
       1.143666,
       -2.175138,
       0.087422,
       2.279636,
       0.534
      ],
      [
       "L1.cons",
       -0.077317,
       0.574748,
       -1.20172,
       -0.084836,
       1.072286,
       0.441
      ],
      [
       "L1.inv",
       -0.188163,
       1.768706,
       -3.702664,
       -0.201163,
       3.255092,
       0.455
      ],
      [
       "L1.exp",
       0.124663,
       0.778199,
       -1.424692,
       0.141787,
       1.654194,
       0.57
      ],
      [
       "L1.imp",
       0.066956,
       0.503581,
       -0.913219,
       0.065873,
       1.074942,
       0.555
      ],
      [
       "L1.dep",
       0.352275,
       1.176128,
       -1.959512,
       0.369598,
       2.600571,
       0.619
      ],
      [
       "L1.money",
       0.138792,
       0.417054,
       -0.693526,
       0.143698,
       0.9505,
       0.631
      ],
      [
       "L1.credit",
       0.009297,
       0.591654,
       -1.128757,
       0.010871,
       1.166715,
       0.509
      ],
      [
       "L1.unemp",
       1.234462,
       2.421495,
       -3.538211,
       1.272471,
       5.887107,
       0.694
      ]
     ]
    },
    {
     "title": "Equation: gdp",
     "rows": [
      [
       "const",
       4.878135,
       0.564625,
       3.78296,
       4.869362,
       5.961073,
       1.0
      ],
      [
       "L1.fx_dep",
       -0.005382,
       0.013937,
       -0.033176,
       -0.005571,
       0.021983,
       0.357
      ],
      [
       "L1.infl",
       0.004624,
       0.023147,
       -0.040622,
       0.004173,
       0.049334,
       0.574
      ],
      [
       "L1.lend",
       -0.034173,
       0.064123,
       -0.160902,
       -0.032359,
       0.089299,
       0.303
      ],
      [
       "L1.reserves",
       0.000631,
       0.002021,
       -0.003346,
       0.000636,
       0.004562,
       0.624
      ],
      [
       "L1.gdp",
       0.107649,
       0.088504,
       -0.06193,
       0.105769,
       0.282638,
       0.89
      ],
      [
       "L1.cons",
       0.020972,
       0.025375,
       -0.030021,
       0.021063,
       0.071409,
       0.795
      ],
      [
       "L1.inv",
       0.005351,
       0.075941,
       -0.143561,
       0.006727,
       0.151953,
       0.535
      ],
      [
       "L1.exp",
       -0.005729,
       0.033671,
       -0.070716,
       -0.006399,
       0.060509,
       0.43
      ],
      [
       "L1.imp",
       0.002552,
       0.021781,
       -0.039902,
       0.002508,
       0.045221,
       0.543
      ],
      [
       "L1.dep",
       -0.009984,
       0.049951,
       -0.106162,
       -0.01051,
       0.089339,
       0.417
      ],
      [
       "L1.money",
       -0.001261,
       0.017953,
       -0.036475,
       -0.001461,
       0.033905,
       0.469
      ],
      [
       "L1.credit",
       0.004157,
       0.025627,
       -0.045879,
       0.00341,
       0.053835,
       0.554
      ],
      [
       "L1.unemp",
       -0.013959,
       0.104835,
       -0.22218,
       -0.011806,
       0.187625,
       0.446
      ]
     ]
    },
    {
     "title": "Equation: cons",
     "rows": [
      [
       "const",
       4.086586,
       0.781358,
       2.5859,
       4.085536,
       5.673119,
       1.0
      ],
      [
       "L1.fx_dep",
       0.00362,
       0.02713,
       -0.04925,
       0.003328,
       0.057268,
       0.548
      ],
      [
       "L1.infl",
       0.009938,
       0.045232,
       -0.079273,
       0.009346,
       0.097606,
       0.585
      ],
      [
       "L1.lend",
       -0.019588,
       0.1237,
       -0.267885,
       -0.01775,
       0.2235,
       0.445
      ],
      [
       "L1.reserves",
       0.001655,
       0.003966,
       -0.005799,
       0.001575,
       0.009432,
       0.651
      ],
      [
       "L1.gdp",
       0.010793,
       0.091258,
       -0.172654,
       0.010963,
       0.195975,
       0.55
      ],
      [
       "L1.cons",
       0.088435,
       0.086808,
       -0.087057,
       0.088132,
       0.260757,
       0.851
      ],
      [
       "L1.inv",
       -0.073413,
       0.145667,
       -0.350457,
       -0.072768,
       0.219108,
       0.307
      ],
      [
       "L1.exp",
       -0.033391,
       0.064086,
       -0.165487,
       -0.032019,
       0.091379,
       0.303
      ],
      [
       "L1.imp",
       -0.017877,
       0.041414,
       -0.098615,
       -0.017648,
       0.06414,
       0.324
      ],
      [
       "L1.dep",
       -0.029817,
       0.097315,
       -0.216876,
       -0.029194,
       0.159362,
       0.376
      ],
      [
       "L1.money",
       -0.001765,
       0.03462,
       -0.069678,
       -0.002092,
       0.066949,
       0.476
      ],
      [
       "L1.credit",
       -0.00532,
       0.049295,
       -0.097632,
       -0.006209,
       0.090851,
       0.453
      ],
      [
       "L1.unemp",
       -0.033519,
       0.197594,
       -0.422728,
       -0.025772,
       0.352497,
       0.443
      ]
     ]
    }
   ]
  },
  "bvar13_fx_l2": {
   "model": "bvar",
   "spec": {
    "time": "year",
    "horizon": 6,
    "draws": 3000,
    "burn": 500,
    "seed": 7,
    "delta": 0,
    "lambda1": 0.1,
    "vars": [
     "fx_dep",
     "infl",
     "lend",
     "reserves",
     "gdp",
     "cons",
     "inv",
     "exp",
     "imp",
     "dep",
     "money",
     "credit",
     "unemp"
    ],
    "lags": 2
   },
   "error": null,
   "summary": [
    {
     "label": "Observations",
     "value": 32
    },
    {
     "label": "Prior",
     "value": "Minnesota (Litterman)"
    },
    {
     "label": "Lags",
     "value": 2
    },
    {
     "label": "lambda1",
     "value": 0.1
    },
    {
     "label": "Share of stable draws",
     "value": 1.0
    },
    {
     "label": "Distance from OLS (relative)",
     "value": 1.001
    }
   ],
   "nobs": 32,
   "tables": [
    {
     "title": "Unit-root tests",
     "rows": [
      [
       "fx_dep",
       0.0009,
       0.0069,
       0.0001,
       0.1,
       "I(0)"
      ],
      [
       "infl",
       0.0041,
       0.002,
       0.0,
       0.0734,
       "I(0)"
      ],
      [
       "lend",
       0.0001,
       0.0015,
       0.0,
       0.1,
       "I(0)"
      ],
      [
       "reserves",
       0.0005,
       0.8828,
       0.0001,
       0.1,
       "I(0)"
      ],
      [
       "gdp",
       0.0183,
       0.0567,
       0.0,
       0.0594,
       "I(0)"
      ],
      [
       "cons",
       0.0951,
       0.8579,
       0.0628,
       0.0217,
       "I(1) or I(2): borderline"
      ],
      [
       "inv",
       0.0569,
       0.3508,
       0.9408,
       0.0369,
       "I(2)?"
      ],
      [
       "exp",
       0.0001,
       0.178,
       0.1156,
       0.1,
       "I(0)"
      ],
      [
       "imp",
       0.0,
       0.2457,
       0.0019,
       0.1,
       "I(0)"
      ],
      [
       "dep",
       0.0869,
       0.2332,
       0.0,
       0.1,
       "I(1)"
      ],
      [
       "money",
       0.0006,
       0.0008,
       0.0004,
       0.0726,
       "I(0)"
      ],
      [
       "credit",
       0.0,
       0.0,
       0.0,
       0.0468,
       "I(0)"
      ],
      [
       "unemp",
       0.0,
       0.0,
       0.0011,
       0.1,
       "I(0)"
      ]
     ]
    },
    {
     "title": "Lag order: Bayesian marginal likelihood and BIC",
     "rows": [
      [
       1,
       -983.59,
       14.2983
      ],
      [
       2,
       -980.323,
       -264.6428
      ]
     ]
    },
    {
     "title": "Overall tightness lambda1 by marginal likelihood",
     "rows": [
      [
       0.02,
       -997.791
      ],
      [
       0.05,
       -992.342
      ],
      [
       0.1,
       -979.817
      ],
      [
       0.2,
       -961.717
      ],
      [
       0.5,
       -957.133
      ],
      [
       1.0,
       -988.986
      ],
      [
       5.0,
       -1220.2
      ]
     ]
    },
    {
     "title": "Equation: fx_dep",
     "rows": [
      [
       "const",
       3.278015,
       1.403409,
       0.476656,
       3.24727,
       5.983584,
       0.99
      ],
      [
       "L1.fx_dep",
       0.103632,
       0.084813,
       -0.05937,
       0.104367,
       0.274203,
       0.882
      ],
      [
       "L1.infl",
       0.028753,
       0.078373,
       -0.130649,
       0.028712,
       0.179891,
       0.644
      ],
      [
       "L1.lend",
       -0.036489,
       0.208959,
       -0.445427,
       -0.040139,
       0.373965,
       0.422
      ],
      [
       "L1.reserves",
       -0.00691,
       0.006914,
       -0.020477,
       -0.007043,
       0.006789,
       0.155
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      [
       "L1.gdp",
       0.001407,
       0.155719,
       -0.304172,
       0.001658,
       0.311964,
       0.503
      ],
      [
       "L1.cons",
       0.018192,
       0.083284,
       -0.140366,
       0.01915,
       0.178772,
       0.584
      ],
      [
       "L1.inv",
       0.04819,
       0.244839,
       -0.418142,
       0.04935,
       0.549192,
       0.586
      ],
      [
       "L1.exp",
       0.052554,
       0.109947,
       -0.162609,
       0.053963,
       0.271454,
       0.684
      ],
      [
       "L1.imp",
       0.030602,
       0.072893,
       -0.109585,
       0.030587,
       0.170498,
       0.655
      ],
      [
       "L1.dep",
       0.029943,
       0.173915,
       -0.308515,
       0.028217,
       0.364978,
       0.569
      ],
      [
       "L1.money",
       -0.017035,
       0.058153,
       -0.135568,
       -0.017229,
       0.096846,
       0.372
      ],
      [
       "L1.credit",
       0.001032,
       0.082255,
       -0.16062,
       0.000355,
       0.160383,
       0.501
      ],
      [
       "L1.unemp",
       -0.222363,
       0.345809,
       -0.898662,
       -0.22043,
       0.477016,
       0.261
      ],
      [
       "L2.fx_dep",
       -0.012853,
       0.047864,
       -0.110931,
       -0.012884,
       0.08219,
       0.39
      ],
      [
       "L2.infl",
       -0.001385,
       0.04081,
       -0.079414,
       -0.001719,
       0.076469,
       0.48
      ],
      [
       "L2.lend",
       -0.035488,
       0.10954,
       -0.250525,
       -0.033916,
       0.183784,
       0.375
      ],
      [
       "L2.reserves",
       5e-06,
       0.003616,
       -0.00726,
       -2e-06,
       0.00689,
       0.5
      ],
      [
       "L2.gdp",
       -0.018932,
       0.081245,
       -0.173192,
       -0.021434,
       0.14128,
       0.4
      ],
      [
       "L2.cons",
       -0.005988,
       0.042659,
       -0.091115,
       -0.00597,
       0.076817,
       0.446
      ],
      [
       "L2.inv",
       -0.027045,
       0.124027,
       -0.274476,
       -0.028536,
       0.219495,
       0.413
      ],
      [
       "L2.exp",
       -0.01729,
       0.055863,
       -0.129466,
       -0.01772,
       0.090767,
       0.38
      ],
      [
       "L2.imp",
       -0.009402,
       0.037493,
       -0.082454,
       -0.009426,
       0.066194,
       0.404
      ],
      [
       "L2.dep",
       -0.016365,
       0.092982,
       -0.201228,
       -0.017638,
       0.16492,
       0.43
      ],
      [
       "L2.money",
       -0.003902,
       0.030045,
       -0.063231,
       -0.003856,
       0.053577,
       0.452
      ]
     ]
    },
    {
     "title": "Equation: infl",
     "rows": [
      [
       "const",
       5.962269,
       0.94984,
       4.072428,
       5.940235,
       7.839023,
       1.0
      ],
      [
       "L1.fx_dep",
       0.00835,
       0.029542,
       -0.048496,
       0.008182,
       0.067047,
       0.61
      ],
      [
       "L1.infl",
       0.089432,
       0.086491,
       -0.077533,
       0.088826,
       0.257576,
       0.848
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      [
       "L1.lend",
       0.027333,
       0.127581,
       -0.223705,
       0.028017,
       0.283465,
       0.584
      ],
      [
       "L1.reserves",
       0.001543,
       0.00408,
       -0.006756,
       0.001636,
       0.009454,
       0.65
      ],
      [
       "L1.gdp",
       0.008913,
       0.095409,
       -0.175447,
       0.009096,
       0.199904,
       0.532
      ],
      [
       "L1.cons",
       0.008066,
       0.050127,
       -0.089437,
       0.00854,
       0.105094,
       0.56
      ],
      [
       "L1.inv",
       -0.062422,
       0.147498,
       -0.342245,
       -0.062361,
       0.233462,
       0.325
      ],
      [
       "L1.exp",
       -0.006727,
       0.067364,
       -0.140241,
       -0.00688,
       0.121879,
       0.46
      ],
      [
       "L1.imp",
       -0.011176,
       0.043896,
       -0.097762,
       -0.011016,
       0.074557,
       0.402
      ],
      [
       "L1.dep",
       0.022242,
       0.105508,
       -0.182881,
       0.023668,
       0.225328,
       0.586
      ],
      [
       "L1.money",
       -0.004974,
       0.036312,
       -0.077425,
       -0.003927,
       0.065165,
       0.458
      ],
      [
       "L1.credit",
       -0.002093,
       0.050473,
       -0.100658,
       -0.002025,
       0.096004,
       0.485
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      [
       "L1.unemp",
       -0.158237,
       0.2077,
       -0.559182,
       -0.157916,
       0.259719,
       0.221
      ],
      [
       "L2.fx_dep",
       0.000779,
       0.015153,
       -0.028703,
       0.000447,
       0.030679,
       0.517
      ],
      [
       "L2.infl",
       -0.001376,
       0.048863,
       -0.099172,
       -0.000541,
       0.09564,
       0.497
      ],
      [
       "L2.lend",
       0.005505,
       0.065642,
       -0.127697,
       0.00418,
       0.136481,
       0.521
      ],
      [
       "L2.reserves",
       0.000133,
       0.002145,
       -0.004052,
       0.000132,
       0.004204,
       0.523
      ],
      [
       "L2.gdp",
       0.004094,
       0.04782,
       -0.087541,
       0.002462,
       0.098623,
       0.525
      ],
      [
       "L2.cons",
       0.001654,
       0.025767,
       -0.049487,
       0.001771,
       0.052523,
       0.524
      ],
      [
       "L2.inv",
       -0.004846,
       0.07779,
       -0.156387,
       -0.006491,
       0.151819,
       0.464
      ],
      [
       "L2.exp",
       0.002677,
       0.034135,
       -0.063525,
       0.002646,
       0.068689,
       0.527
      ],
      [
       "L2.imp",
       0.003051,
       0.022277,
       -0.041823,
       0.00302,
       0.045692,
       0.562
      ],
      [
       "L2.dep",
       0.006352,
       0.055417,
       -0.102859,
       0.006711,
       0.115927,
       0.547
      ],
      [
       "L2.money",
       -0.000781,
       0.018342,
       -0.035331,
       -0.000872,
       0.036005,
       0.481
      ]
     ]
    },
    {
     "title": "Equation: lend",
     "rows": [
      [
       "const",
       -0.315682,
       0.323304,
       -0.932237,
       -0.311624,
       0.325651,
       0.17
      ],
      [
       "L1.fx_dep",
       0.008714,
       0.011068,
       -0.013589,
       0.008848,
       0.029963,
       0.784
      ],
      [
       "L1.infl",
       0.008389,
       0.018186,
       -0.028547,
       0.008343,
       0.043871,
       0.679
      ],
      [
       "L1.lend",
       0.029722,
       0.087966,
       -0.138368,
       0.026927,
       0.207653,
       0.618
      ],
      [
       "L1.reserves",
       -0.001033,
       0.001553,
       -0.004087,
       -0.00102,
       0.002028,
       0.249
      ],
      [
       "L1.gdp",
       0.009149,
       0.035727,
       -0.061532,
       0.010242,
       0.074995,
       0.603
      ],
      [
       "L1.cons",
       0.002435,
       0.018603,
       -0.035052,
       0.002354,
       0.039511,
       0.552
      ],
      [
       "L1.inv",
       -0.003776,
       0.057081,
       -0.112596,
       -0.004877,
       0.110854,
       0.468
      ],
      [
       "L1.exp",
       0.016485,
       0.024884,
       -0.032471,
       0.016434,
       0.066391,
       0.749
      ],
      [
       "L1.imp",
       0.00695,
       0.016887,
       -0.026358,
       0.007131,
       0.040202,
       0.662
      ],
      [
       "L1.dep",
       0.015748,
       0.041146,
       -0.065842,
       0.014862,
       0.095091,
       0.643
      ],
      [
       "L1.money",
       -0.000135,
       0.013275,
       -0.025857,
       -0.000102,
       0.02602,
       0.497
      ],
      [
       "L1.credit",
       0.005496,
       0.0188,
       -0.032464,
       0.005952,
       0.041448,
       0.624
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      [
       "L1.unemp",
       -0.068236,
       0.080644,
       -0.222463,
       -0.066761,
       0.09413,
       0.193
      ],
      [
       "L2.fx_dep",
       0.00011,
       0.005768,
       -0.011181,
       4.8e-05,
       0.011468,
       0.503
      ],
      [
       "L2.infl",
       0.000878,
       0.009154,
       -0.016486,
       0.000683,
       0.019405,
       0.528
      ],
      [
       "L2.lend",
       -0.004911,
       0.049684,
       -0.10384,
       -0.004895,
       0.093626,
       0.467
      ],
      [
       "L2.reserves",
       2.5e-05,
       0.000821,
       -0.001596,
       4e-05,
       0.001617,
       0.515
      ],
      [
       "L2.gdp",
       0.000127,
       0.018656,
       -0.035615,
       0.000457,
       0.036918,
       0.511
      ],
      [
       "L2.cons",
       0.001355,
       0.009858,
       -0.017473,
       0.00108,
       0.021612,
       0.539
      ],
      [
       "L2.inv",
       0.003429,
       0.028935,
       -0.055799,
       0.003968,
       0.059793,
       0.552
      ],
      [
       "L2.exp",
       0.001788,
       0.012874,
       -0.023576,
       0.001636,
       0.02762,
       0.552
      ],
      [
       "L2.imp",
       0.000954,
       0.008539,
       -0.016079,
       0.000885,
       0.017559,
       0.546
      ],
      [
       "L2.dep",
       -0.000614,
       0.020921,
       -0.040809,
       -0.001031,
       0.040457,
       0.479
      ],
      [
       "L2.money",
       -0.000174,
       0.006933,
       -0.013576,
       -0.000131,
       0.013257,
       0.493
      ]
     ]
    },
    {
     "title": "Equation: reserves",
     "rows": [
      [
       "const",
       8.793966,
       9.733696,
       -11.059511,
       8.889036,
       27.367658,
       0.823
      ],
      [
       "L1.fx_dep",
       0.01591,
       0.337875,
       -0.637966,
       0.016977,
       0.674188,
       0.521
      ],
      [
       "L1.infl",
       0.018546,
       0.561818,
       -1.06814,
       0.010118,
       1.136352,
       0.508
      ],
      [
       "L1.lend",
       0.818065,
       1.457751,
       -2.009949,
       0.80503,
       3.648926,
       0.714
      ],
      [
       "L1.reserves",
       0.061596,
       0.087999,
       -0.102796,
       0.060785,
       0.235109,
       0.75
      ],
      [
       "L1.gdp",
       0.097625,
       1.082919,
       -2.043637,
       0.087252,
       2.282211,
       0.53
      ],
      [
       "L1.cons",
       -0.039813,
       0.577153,
       -1.16015,
       -0.041325,
       1.073156,
       0.469
      ],
      [
       "L1.inv",
       -0.140161,
       1.720264,
       -3.503426,
       -0.162237,
       3.298191,
       0.463
      ],
      [
       "L1.exp",
       0.12075,
       0.783049,
       -1.421875,
       0.141584,
       1.657722,
       0.565
      ],
      [
       "L1.imp",
       0.058897,
       0.495757,
       -0.900257,
       0.066939,
       1.001114,
       0.551
      ],
      [
       "L1.dep",
       0.371782,
       1.220872,
       -1.907626,
       0.348361,
       2.795787,
       0.617
      ],
      [
       "L1.money",
       0.120775,
       0.403825,
       -0.672039,
       0.121477,
       0.914401,
       0.626
      ],
      [
       "L1.credit",
       0.008313,
       0.585666,
       -1.125641,
       0.008297,
       1.161196,
       0.503
      ],
      [
       "L1.unemp",
       1.184934,
       2.464396,
       -3.57655,
       1.187763,
       5.976477,
       0.696
      ],
      [
       "L2.fx_dep",
       0.039285,
       0.175327,
       -0.302307,
       0.039834,
       0.379484,
       0.589
      ],
      [
       "L2.infl",
       0.017167,
       0.284532,
       -0.54293,
       0.012662,
       0.57398,
       0.518
      ],
      [
       "L2.lend",
       0.099539,
       0.757032,
       -1.388553,
       0.092854,
       1.604639,
       0.556
      ],
      [
       "L2.reserves",
       -0.010111,
       0.048781,
       -0.104127,
       -0.009596,
       0.085951,
       0.413
      ],
      [
       "L2.gdp",
       0.136158,
       0.563013,
       -0.937352,
       0.141594,
       1.260092,
       0.596
      ],
      [
       "L2.cons",
       0.059115,
       0.297628,
       -0.528023,
       0.054429,
       0.64171,
       0.574
      ],
      [
       "L2.inv",
       0.014797,
       0.882668,
       -1.771206,
       0.014888,
       1.815158,
       0.508
      ],
      [
       "L2.exp",
       0.059458,
       0.409262,
       -0.728185,
       0.059785,
       0.878738,
       0.558
      ],
      [
       "L2.imp",
       0.027917,
       0.262517,
       -0.48578,
       0.022039,
       0.540908,
       0.533
      ],
      [
       "L2.dep",
       0.210122,
       0.646264,
       -1.065185,
       0.205674,
       1.476781,
       0.636
      ],
      [
       "L2.money",
       0.022016,
       0.209444,
       -0.394063,
       0.026654,
       0.422639,
       0.548
      ]
     ]
    },
    {
     "title": "Equation: gdp",
     "rows": [
      [
       "const",
       4.906527,
       0.620219,
       3.669476,
       4.908382,
       6.096212,
       1.0
      ],
      [
       "L1.fx_dep",
       -0.005807,
       0.014405,
       -0.035412,
       -0.005633,
       0.02261,
       0.34
      ],
      [
       "L1.infl",
       0.002978,
       0.02411,
       -0.043138,
       0.002837,
       0.050963,
       0.542
      ],
      [
       "L1.lend",
       -0.033307,
       0.064974,
       -0.160276,
       -0.034715,
       0.09713,
       0.296
      ],
      [
       "L1.reserves",
       0.000701,
       0.002093,
       -0.00334,
       0.000672,
       0.004818,
       0.628
      ],
      [
       "L1.gdp",
       0.098769,
       0.086518,
       -0.068246,
       0.099991,
       0.269698,
       0.872
      ],
      [
       "L1.cons",
       0.020028,
       0.025505,
       -0.029619,
       0.019873,
       0.071468,
       0.785
      ],
      [
       "L1.inv",
       0.005169,
       0.076734,
       -0.146632,
       0.005639,
       0.160198,
       0.532
      ],
      [
       "L1.exp",
       -0.005155,
       0.033609,
       -0.07086,
       -0.005316,
       0.060492,
       0.437
      ],
      [
       "L1.imp",
       0.001987,
       0.022748,
       -0.042988,
       0.001559,
       0.046752,
       0.528
      ],
      [
       "L1.dep",
       -0.012682,
       0.054532,
       -0.119285,
       -0.011669,
       0.091894,
       0.412
      ],
      [
       "L1.money",
       -0.000591,
       0.017687,
       -0.03646,
       -0.000369,
       0.033152,
       0.488
      ],
      [
       "L1.credit",
       0.003504,
       0.02531,
       -0.04571,
       0.00341,
       0.05298,
       0.547
      ],
      [
       "L1.unemp",
       -0.009181,
       0.107792,
       -0.217778,
       -0.009778,
       0.200415,
       0.465
      ],
      [
       "L2.fx_dep",
       -0.002632,
       0.007535,
       -0.017406,
       -0.002714,
       0.012091,
       0.364
      ],
      [
       "L2.infl",
       0.000658,
       0.012525,
       -0.023376,
       0.000465,
       0.025586,
       0.516
      ],
      [
       "L2.lend",
       -0.005731,
       0.033468,
       -0.071926,
       -0.005359,
       0.059747,
       0.436
      ],
      [
       "L2.reserves",
       0.00033,
       0.001118,
       -0.00188,
       0.000317,
       0.002527,
       0.612
      ],
      [
       "L2.gdp",
       0.011599,
       0.048448,
       -0.083087,
       0.009996,
       0.109259,
       0.584
      ],
      [
       "L2.cons",
       -5e-05,
       0.012861,
       -0.02556,
       -6.9e-05,
       0.025608,
       0.497
      ],
      [
       "L2.inv",
       -0.001258,
       0.038803,
       -0.077173,
       -0.001154,
       0.075778,
       0.487
      ],
      [
       "L2.exp",
       -0.004168,
       0.017633,
       -0.0374,
       -0.004013,
       0.030741,
       0.414
      ],
      [
       "L2.imp",
       -0.002612,
       0.011237,
       -0.023789,
       -0.002814,
       0.019834,
       0.398
      ],
      [
       "L2.dep",
       -0.005321,
       0.027474,
       -0.05743,
       -0.004953,
       0.048131,
       0.422
      ],
      [
       "L2.money",
       -0.000123,
       0.009131,
       -0.01798,
       -0.000267,
       0.018394,
       0.488
      ]
     ]
    },
    {
     "title": "Equation: cons",
     "rows": [
      [
       "const",
       4.130037,
       0.850101,
       2.507393,
       4.118595,
       5.776585,
       1.0
      ],
      [
       "L1.fx_dep",
       0.005512,
       0.028259,
       -0.050017,
       0.005571,
       0.061467,
       0.584
      ],
      [
       "L1.infl",
       0.007643,
       0.045077,
       -0.083278,
       0.007828,
       0.093749,
       0.563
      ],
      [
       "L1.lend",
       -0.023467,
       0.121807,
       -0.270442,
       -0.019773,
       0.215667,
       0.427
      ],
      [
       "L1.reserves",
       0.001962,
       0.003982,
       -0.005869,
       0.002011,
       0.009692,
       0.688
      ],
      [
       "L1.gdp",
       0.009143,
       0.08884,
       -0.166749,
       0.009934,
       0.182517,
       0.546
      ],
      [
       "L1.cons",
       0.083013,
       0.088427,
       -0.091818,
       0.083747,
       0.25281,
       0.823
      ],
      [
       "L1.inv",
       -0.067267,
       0.142126,
       -0.350226,
       -0.065563,
       0.210171,
       0.307
      ],
      [
       "L1.exp",
       -0.029915,
       0.063917,
       -0.153119,
       -0.029014,
       0.094724,
       0.321
      ],
      [
       "L1.imp",
       -0.01778,
       0.041371,
       -0.096755,
       -0.018093,
       0.062875,
       0.333
      ],
      [
       "L1.dep",
       -0.032455,
       0.103203,
       -0.230769,
       -0.033335,
       0.172909,
       0.372
      ],
      [
       "L1.money",
       -0.002573,
       0.034141,
       -0.069691,
       -0.001558,
       0.061629,
       0.476
      ],
      [
       "L1.credit",
       -0.005548,
       0.047405,
       -0.095906,
       -0.005406,
       0.08584,
       0.453
      ],
      [
       "L1.unemp",
       -0.039449,
       0.201523,
       -0.440319,
       -0.037891,
       0.343352,
       0.423
      ],
      [
       "L2.fx_dep",
       -0.000157,
       0.014746,
       -0.029088,
       0.000192,
       0.028759,
       0.505
      ],
      [
       "L2.infl",
       0.002578,
       0.023777,
       -0.043587,
       0.002438,
       0.047221,
       0.545
      ],
      [
       "L2.lend",
       -0.006134,
       0.06323,
       -0.131008,
       -0.005298,
       0.118551,
       0.471
      ],
      [
       "L2.reserves",
       0.000192,
       0.002079,
       -0.00394,
       0.000184,
       0.00429,
       0.534
      ],
      [
       "L2.gdp",
       0.007049,
       0.046133,
       -0.083049,
       0.006372,
       0.09881,
       0.558
      ],
      [
       "L2.cons",
       -0.006049,
       0.048527,
       -0.100801,
       -0.006626,
       0.085235,
       0.449
      ],
      [
       "L2.inv",
       -0.006956,
       0.0745,
       -0.152386,
       -0.006409,
       0.134083,
       0.467
      ],
      [
       "L2.exp",
       -0.005002,
       0.032824,
       -0.068869,
       -0.005306,
       0.060484,
       0.441
      ],
      [
       "L2.imp",
       -0.006274,
       0.021827,
       -0.048713,
       -0.006007,
       0.035926,
       0.382
      ],
      [
       "L2.dep",
       0.001258,
       0.053549,
       -0.103131,
       0.00162,
       0.10644,
       0.514
      ],
      [
       "L2.money",
       -0.002381,
       0.017634,
       -0.036999,
       -0.002682,
       0.03214,
       0.445
      ]
     ]
    }
   ]
  },
  "bvar13_fx_tight": {
   "model": "bvar",
   "spec": {
    "time": "year",
    "horizon": 6,
    "draws": 3000,
    "burn": 500,
    "seed": 7,
    "delta": 0,
    "lambda1": 0.2,
    "vars": [
     "fx_dep",
     "infl",
     "lend",
     "reserves",
     "gdp",
     "cons",
     "inv",
     "exp",
     "imp",
     "dep",
     "money",
     "credit",
     "unemp"
    ],
    "lags": 1
   },
   "error": null,
   "summary": [
    {
     "label": "Observations",
     "value": 33
    },
    {
     "label": "Prior",
     "value": "Minnesota (Litterman)"
    },
    {
     "label": "Lags",
     "value": 1
    },
    {
     "label": "lambda1",
     "value": 0.2
    },
    {
     "label": "Share of stable draws",
     "value": 1.0
    },
    {
     "label": "Distance from OLS (relative)",
     "value": 0.908
    }
   ],
   "nobs": 33,
   "tables": [
    {
     "title": "Unit-root tests",
     "rows": [
      [
       "fx_dep",
       0.0009,
       0.0069,
       0.0001,
       0.1,
       "I(0)"
      ],
      [
       "infl",
       0.0041,
       0.002,
       0.0,
       0.0734,
       "I(0)"
      ],
      [
       "lend",
       0.0001,
       0.0015,
       0.0,
       0.1,
       "I(0)"
      ],
      [
       "reserves",
       0.0005,
       0.8828,
       0.0001,
       0.1,
       "I(0)"
      ],
      [
       "gdp",
       0.0183,
       0.0567,
       0.0,
       0.0594,
       "I(0)"
      ],
      [
       "cons",
       0.0951,
       0.8579,
       0.0628,
       0.0217,
       "I(1) or I(2): borderline"
      ],
      [
       "inv",
       0.0569,
       0.3508,
       0.9408,
       0.0369,
       "I(2)?"
      ],
      [
       "exp",
       0.0001,
       0.178,
       0.1156,
       0.1,
       "I(0)"
      ],
      [
       "imp",
       0.0,
       0.2457,
       0.0019,
       0.1,
       "I(0)"
      ],
      [
       "dep",
       0.0869,
       0.2332,
       0.0,
       0.1,
       "I(1)"
      ],
      [
       "money",
       0.0006,
       0.0008,
       0.0004,
       0.0726,
       "I(0)"
      ],
      [
       "credit",
       0.0,
       0.0,
       0.0,
       0.0468,
       "I(0)"
      ],
      [
       "unemp",
       0.0,
       0.0,
       0.0011,
       0.1,
       "I(0)"
      ]
     ]
    },
    {
     "title": "Lag order: Bayesian marginal likelihood and BIC",
     "rows": [
      [
       1,
       -969.503,
       14.2983
      ],
      [
       2,
       -962.185,
       -264.6428
      ]
     ]
    },
    {
     "title": "Overall tightness lambda1 by marginal likelihood",
     "rows": [
      [
       0.02,
       -1028.777
      ],
      [
       0.05,
       -1024.298
      ],
      [
       0.1,
       -1014.047
      ],
      [
       0.2,
       -1000.412
      ],
      [
       0.5,
       -1008.805
      ],
      [
       1.0,
       -1057.214
      ],
      [
       5.0,
       -1281.75
      ]
     ]
    },
    {
     "title": "Equation: fx_dep",
     "rows": [
      [
       "const",
       2.736581,
       2.185705,
       -1.381972,
       2.70453,
       7.080716,
       0.894
      ],
      [
       "L1.fx_dep",
       0.169644,
       0.13046,
       -0.086326,
       0.170537,
       0.419901,
       0.894
      ],
      [
       "L1.infl",
       0.071006,
       0.150772,
       -0.218828,
       0.069944,
       0.362771,
       0.676
      ],
      [
       "L1.lend",
       -0.184477,
       0.412772,
       -0.979147,
       -0.185985,
       0.649606,
       0.326
      ],
      [
       "L1.reserves",
       -0.020188,
       0.012916,
       -0.046112,
       -0.020217,
       0.005418,
       0.058
      ],
      [
       "L1.gdp",
       -0.045222,
       0.297764,
       -0.633431,
       -0.04601,
       0.536083,
       0.436
      ],
      [
       "L1.cons",
       0.052526,
       0.160046,
       -0.271743,
       0.048764,
       0.368132,
       0.63
      ],
      [
       "L1.inv",
       0.145628,
       0.487463,
       -0.806593,
       0.141861,
       1.106639,
       0.615
      ],
      [
       "L1.exp",
       0.126385,
       0.218999,
       -0.325201,
       0.128928,
       0.548573,
       0.729
      ],
      [
       "L1.imp",
       0.072163,
       0.137226,
       -0.187801,
       0.072681,
       0.348311,
       0.696
      ],
      [
       "L1.dep",
       0.014812,
       0.313118,
       -0.606758,
       0.024522,
       0.624334,
       0.532
      ],
      [
       "L1.money",
       -0.053571,
       0.116238,
       -0.288328,
       -0.05312,
       0.177506,
       0.317
      ],
      [
       "L1.credit",
       0.006227,
       0.164973,
       -0.306249,
       0.003352,
       0.322253,
       0.51
      ],
      [
       "L1.unemp",
       -0.609956,
       0.662379,
       -1.848406,
       -0.614895,
       0.658337,
       0.183
      ]
     ]
    },
    {
     "title": "Equation: infl",
     "rows": [
      [
       "const",
       5.104956,
       1.424892,
       2.242472,
       5.100292,
       7.926101,
       1.0
      ],
      [
       "L1.fx_dep",
       0.013045,
       0.050124,
       -0.08645,
       0.013577,
       0.108937,
       0.613
      ],
      [
       "L1.infl",
       0.201273,
       0.134599,
       -0.061251,
       0.198948,
       0.472625,
       0.936
      ],
      [
       "L1.lend",
       0.090832,
       0.245736,
       -0.403139,
       0.095624,
       0.576955,
       0.656
      ],
      [
       "L1.reserves",
       0.005684,
       0.007524,
       -0.0093,
       0.005699,
       0.020469,
       0.774
      ],
      [
       "L1.gdp",
       0.013928,
       0.175899,
       -0.332495,
       0.015084,
       0.349792,
       0.537
      ],
      [
       "L1.cons",
       0.021367,
       0.094893,
       -0.161749,
       0.020525,
       0.206422,
       0.589
      ],
      [
       "L1.inv",
       -0.170766,
       0.295822,
       -0.75255,
       -0.176835,
       0.394817,
       0.289
      ],
      [
       "L1.exp",
       -0.031237,
       0.128553,
       -0.273561,
       -0.029452,
       0.219026,
       0.406
      ],
      [
       "L1.imp",
       -0.035023,
       0.081303,
       -0.197525,
       -0.034952,
       0.128465,
       0.331
      ],
      [
       "L1.dep",
       0.082745,
       0.182384,
       -0.266047,
       0.083502,
       0.440877,
       0.673
      ],
      [
       "L1.money",
       -0.013837,
       0.06729,
       -0.140425,
       -0.015134,
       0.120238,
       0.413
      ],
      [
       "L1.credit",
       0.00242,
       0.096476,
       -0.183621,
       0.001033,
       0.196603,
       0.507
      ],
      [
       "L1.unemp",
       -0.521644,
       0.379361,
       -1.260244,
       -0.511737,
       0.212115,
       0.081
      ]
     ]
    },
    {
     "title": "Equation: lend",
     "rows": [
      [
       "const",
       -0.443041,
       0.473665,
       -1.380614,
       -0.444262,
       0.49603,
       0.181
      ],
      [
       "L1.fx_dep",
       0.021983,
       0.019404,
       -0.015806,
       0.02198,
       0.058661,
       0.873
      ],
      [
       "L1.infl",
       0.017885,
       0.032603,
       -0.045224,
       0.01722,
       0.081493,
       0.703
      ],
      [
       "L1.lend",
       0.015383,
       0.143986,
       -0.257351,
       0.0146,
       0.304897,
       0.543
      ],
      [
       "L1.reserves",
       -0.002523,
       0.002821,
       -0.007966,
       -0.002527,
       0.003156,
       0.181
      ],
      [
       "L1.gdp",
       0.021026,
       0.06701,
       -0.112556,
       0.020368,
       0.151079,
       0.628
      ],
      [
       "L1.cons",
       0.00157,
       0.034612,
       -0.064576,
       0.000428,
       0.072323,
       0.505
      ],
      [
       "L1.inv",
       -0.016864,
       0.10452,
       -0.220293,
       -0.015465,
       0.181564,
       0.441
      ],
      [
       "L1.exp",
       0.049357,
       0.047399,
       -0.042826,
       0.049,
       0.141952,
       0.861
      ],
      [
       "L1.imp",
       0.014241,
       0.030771,
       -0.048504,
       0.015499,
       0.07418,
       0.68
      ],
      [
       "L1.dep",
       0.030756,
       0.069663,
       -0.10899,
       0.030773,
       0.166246,
       0.679
      ],
      [
       "L1.money",
       -0.001679,
       0.024788,
       -0.050072,
       -0.001296,
       0.048452,
       0.475
      ],
      [
       "L1.credit",
       0.017442,
       0.035798,
       -0.050614,
       0.016592,
       0.089431,
       0.68
      ],
      [
       "L1.unemp",
       -0.202977,
       0.146269,
       -0.484512,
       -0.201809,
       0.084483,
       0.084
      ]
     ]
    },
    {
     "title": "Equation: reserves",
     "rows": [
      [
       "const",
       7.996226,
       14.923297,
       -21.220071,
       7.894619,
       39.693945,
       0.706
      ],
      [
       "L1.fx_dep",
       0.125884,
       0.606851,
       -1.093477,
       0.121692,
       1.315406,
       0.578
      ],
      [
       "L1.infl",
       0.025155,
       1.000971,
       -2.007838,
       0.047111,
       1.922492,
       0.515
      ],
      [
       "L1.lend",
       2.675307,
       2.799713,
       -2.690329,
       2.67067,
       8.18907,
       0.833
      ],
      [
       "L1.reserves",
       0.15548,
       0.135452,
       -0.109378,
       0.153018,
       0.420753,
       0.875
      ],
      [
       "L1.gdp",
       0.489383,
       2.105975,
       -3.671545,
       0.509238,
       4.554549,
       0.588
      ],
      [
       "L1.cons",
       -0.279409,
       1.062134,
       -2.363403,
       -0.278317,
       1.86309,
       0.393
      ],
      [
       "L1.inv",
       -0.478064,
       3.333341,
       -7.109351,
       -0.490917,
       6.043646,
       0.438
      ],
      [
       "L1.exp",
       0.40312,
       1.451092,
       -2.504422,
       0.418735,
       3.23879,
       0.617
      ],
      [
       "L1.imp",
       0.164657,
       0.953472,
       -1.698527,
       0.169187,
       2.061584,
       0.57
      ],
      [
       "L1.dep",
       0.915545,
       2.11748,
       -3.268202,
       0.955346,
       4.957613,
       0.672
      ],
      [
       "L1.money",
       0.386782,
       0.773882,
       -1.158895,
       0.404771,
       1.881003,
       0.694
      ],
      [
       "L1.credit",
       -0.051283,
       1.099405,
       -2.210669,
       -0.043219,
       2.079695,
       0.48
      ],
      [
       "L1.unemp",
       3.735026,
       4.469145,
       -5.026463,
       3.743929,
       12.272007,
       0.8
      ]
     ]
    },
    {
     "title": "Equation: gdp",
     "rows": [
      [
       "const",
       3.99014,
       0.845773,
       2.349638,
       3.976998,
       5.612313,
       1.0
      ],
      [
       "L1.fx_dep",
       -0.013453,
       0.02545,
       -0.064152,
       -0.013713,
       0.036992,
       0.304
      ],
      [
       "L1.infl",
       0.013071,
       0.042162,
       -0.069324,
       0.012325,
       0.094381,
       0.614
      ],
      [
       "L1.lend",
       -0.108003,
       0.119231,
       -0.343979,
       -0.104223,
       0.12318,
       0.185
      ],
      [
       "L1.reserves",
       0.001982,
       0.003702,
       -0.005298,
       0.001958,
       0.00912,
       0.708
      ],
      [
       "L1.gdp",
       0.223834,
       0.13993,
       -0.043941,
       0.223445,
       0.502289,
       0.951
      ],
      [
       "L1.cons",
       0.057853,
       0.047371,
       -0.033569,
       0.057727,
       0.150545,
       0.888
      ],
      [
       "L1.inv",
       0.016678,
       0.142923,
       -0.264776,
       0.02022,
       0.295662,
       0.549
      ],
      [
       "L1.exp",
       -0.024021,
       0.062893,
       -0.144981,
       -0.024295,
       0.10086,
       0.345
      ],
      [
       "L1.imp",
       0.005804,
       0.041169,
       -0.073277,
       0.005404,
       0.085806,
       0.552
      ],
      [
       "L1.dep",
       -0.022781,
       0.090186,
       -0.196902,
       -0.023582,
       0.157574,
       0.398
      ],
      [
       "L1.money",
       -0.001569,
       0.033332,
       -0.067573,
       -0.001777,
       0.063903,
       0.479
      ],
      [
       "L1.credit",
       0.015795,
       0.047762,
       -0.077239,
       0.014342,
       0.108796,
       0.619
      ],
      [
       "L1.unemp",
       -0.020843,
       0.192521,
       -0.397961,
       -0.015261,
       0.352476,
       0.459
      ]
     ]
    },
    {
     "title": "Equation: cons",
     "rows": [
      [
       "const",
       3.355651,
       1.210923,
       1.029938,
       3.354025,
       5.814406,
       0.997
      ],
      [
       "L1.fx_dep",
       0.019806,
       0.049595,
       -0.077363,
       0.019135,
       0.118368,
       0.648
      ],
      [
       "L1.infl",
       0.028524,
       0.082306,
       -0.13293,
       0.027254,
       0.190001,
       0.638
      ],
      [
       "L1.lend",
       -0.049995,
       0.230739,
       -0.511419,
       -0.04815,
       0.399353,
       0.423
      ],
      [
       "L1.reserves",
       0.005002,
       0.007251,
       -0.008682,
       0.00486,
       0.018934,
       0.745
      ],
      [
       "L1.gdp",
       0.006512,
       0.170403,
       -0.323283,
       0.005186,
       0.348381,
       0.518
      ],
      [
       "L1.cons",
       0.222631,
       0.136516,
       -0.056888,
       0.220409,
       0.492178,
       0.947
      ],
      [
       "L1.inv",
       -0.221158,
       0.274604,
       -0.744822,
       -0.221013,
       0.317004,
       0.209
      ],
      [
       "L1.exp",
       -0.099438,
       0.119664,
       -0.348767,
       -0.096355,
       0.132056,
       0.203
      ],
      [
       "L1.imp",
       -0.058392,
       0.078066,
       -0.21202,
       -0.058726,
       0.094852,
       0.225
      ],
      [
       "L1.dep",
       -0.086822,
       0.176546,
       -0.430786,
       -0.086233,
       0.25314,
       0.308
      ],
      [
       "L1.money",
       -0.004072,
       0.064011,
       -0.129551,
       -0.005563,
       0.12441,
       0.468
      ],
      [
       "L1.credit",
       -0.011783,
       0.091821,
       -0.186613,
       -0.012764,
       0.170139,
       0.438
      ],
      [
       "L1.unemp",
       -0.099963,
       0.363563,
       -0.825732,
       -0.089636,
       0.619296,
       0.401
      ]
     ]
    }
   ]
  },
  "bvar13_mp": {
   "model": "bvar",
   "spec": {
    "time": "year",
    "horizon": 6,
    "draws": 3000,
    "burn": 500,
    "seed": 7,
    "delta": 0,
    "lambda1": 0.1,
    "vars": [
     "lend",
     "infl",
     "gdp",
     "credit",
     "money",
     "fx_dep",
     "reserves",
     "cons",
     "inv",
     "exp",
     "imp",
     "dep",
     "unemp"
    ],
    "lags": 1
   },
   "error": null,
   "summary": [
    {
     "label": "Observations",
     "value": 33
    },
    {
     "label": "Prior",
     "value": "Minnesota (Litterman)"
    },
    {
     "label": "Lags",
     "value": 1
    },
    {
     "label": "lambda1",
     "value": 0.1
    },
    {
     "label": "Share of stable draws",
     "value": 1.0
    },
    {
     "label": "Distance from OLS (relative)",
     "value": 0.969
    }
   ],
   "nobs": 33,
   "tables": [
    {
     "title": "Unit-root tests",
     "rows": [
      [
       "lend",
       0.0001,
       0.0015,
       0.0,
       0.1,
       "I(0)"
      ],
      [
       "infl",
       0.0041,
       0.002,
       0.0,
       0.0734,
       "I(0)"
      ],
      [
       "gdp",
       0.0183,
       0.0567,
       0.0,
       0.0594,
       "I(0)"
      ],
      [
       "credit",
       0.0,
       0.0,
       0.0,
       0.0468,
       "I(0)"
      ],
      [
       "money",
       0.0006,
       0.0008,
       0.0004,
       0.0726,
       "I(0)"
      ],
      [
       "fx_dep",
       0.0009,
       0.0069,
       0.0001,
       0.1,
       "I(0)"
      ],
      [
       "reserves",
       0.0005,
       0.8828,
       0.0001,
       0.1,
       "I(0)"
      ],
      [
       "cons",
       0.0951,
       0.8579,
       0.0628,
       0.0217,
       "I(1) or I(2): borderline"
      ],
      [
       "inv",
       0.0569,
       0.3508,
       0.9408,
       0.0369,
       "I(2)?"
      ],
      [
       "exp",
       0.0001,
       0.178,
       0.1156,
       0.1,
       "I(0)"
      ],
      [
       "imp",
       0.0,
       0.2457,
       0.0019,
       0.1,
       "I(0)"
      ],
      [
       "dep",
       0.0869,
       0.2332,
       0.0,
       0.1,
       "I(1)"
      ],
      [
       "unemp",
       0.0,
       0.0,
       0.0011,
       0.1,
       "I(0)"
      ]
     ]
    },
    {
     "title": "Lag order: Bayesian marginal likelihood and BIC",
     "rows": [
      [
       1,
       -983.59,
       14.2983
      ],
      [
       2,
       -980.323,
       -268.5636
      ]
     ]
    },
    {
     "title": "Overall tightness lambda1 by marginal likelihood",
     "rows": [
      [
       0.02,
       -1028.777
      ],
      [
       0.05,
       -1024.298
      ],
      [
       0.1,
       -1014.047
      ],
      [
       0.2,
       -1000.412
      ],
      [
       0.5,
       -1008.805
      ],
      [
       1.0,
       -1057.214
      ],
      [
       5.0,
       -1281.75
      ]
     ]
    },
    {
     "title": "Equation: lend",
     "rows": [
      [
       "const",
       -0.289651,
       0.28915,
       -0.834501,
       -0.293891,
       0.285041,
       0.153
      ],
      [
       "L1.lend",
       0.025847,
       0.086111,
       -0.148445,
       0.026592,
       0.188683,
       0.63
      ],
      [
       "L1.infl",
       0.007304,
       0.018153,
       -0.027798,
       0.00729,
       0.042278,
       0.651
      ],
      [
       "L1.gdp",
       0.009539,
       0.035723,
       -0.060877,
       0.010232,
       0.080672,
       0.611
      ],
      [
       "L1.credit",
       0.006693,
       0.018995,
       -0.031721,
       0.006589,
       0.043291,
       0.633
      ],
      [
       "L1.money",
       -0.000138,
       0.013242,
       -0.025874,
       -0.00018,
       0.025568,
       0.496
      ],
      [
       "L1.fx_dep",
       0.00826,
       0.010363,
       -0.011936,
       0.007931,
       0.028451,
       0.794
      ],
      [
       "L1.reserves",
       -0.00103,
       0.00153,
       -0.004071,
       -0.00101,
       0.001948,
       0.249
      ],
      [
       "L1.cons",
       0.002512,
       0.018722,
       -0.035584,
       0.002396,
       0.03748,
       0.549
      ],
      [
       "L1.inv",
       -0.004656,
       0.056451,
       -0.113604,
       -0.00519,
       0.109009,
       0.461
      ],
      [
       "L1.exp",
       0.016926,
       0.025287,
       -0.032688,
       0.016826,
       0.065094,
       0.748
      ],
      [
       "L1.imp",
       0.006596,
       0.016348,
       -0.025921,
       0.006684,
       0.038463,
       0.664
      ],
      [
       "L1.dep",
       0.014359,
       0.038331,
       -0.061155,
       0.014013,
       0.087885,
       0.639
      ],
      [
       "L1.unemp",
       -0.068339,
       0.078766,
       -0.217366,
       -0.067445,
       0.083605,
       0.198
      ]
     ]
    },
    {
     "title": "Equation: infl",
     "rows": [
      [
       "const",
       5.827323,
       0.916896,
       3.98536,
       5.824322,
       7.642685,
       1.0
      ],
      [
       "L1.lend",
       0.031132,
       0.126439,
       -0.222653,
       0.032793,
       0.271414,
       0.596
      ],
      [
       "L1.infl",
       0.09819,
       0.087376,
       -0.068948,
       0.097138,
       0.274301,
       0.868
      ],
      [
       "L1.gdp",
       0.011889,
       0.097572,
       -0.177302,
       0.009579,
       0.204669,
       0.542
      ],
      [
       "L1.credit",
       0.003781,
       0.051015,
       -0.095769,
       0.003824,
       0.104946,
       0.534
      ],
      [
       "L1.money",
       -0.006636,
       0.036557,
       -0.082219,
       -0.006508,
       0.064849,
       0.433
      ],
      [
       "L1.fx_dep",
       0.006213,
       0.029141,
       -0.052023,
       0.0058,
       0.063488,
       0.584
      ],
      [
       "L1.reserves",
       0.001267,
       0.004247,
       -0.006969,
       0.001251,
       0.009481,
       0.62
      ],
      [
       "L1.cons",
       0.006127,
       0.051168,
       -0.093184,
       0.005432,
       0.105689,
       0.542
      ],
      [
       "L1.inv",
       -0.059635,
       0.151969,
       -0.364091,
       -0.0623,
       0.248785,
       0.351
      ],
      [
       "L1.exp",
       -0.0063,
       0.066233,
       -0.135611,
       -0.006008,
       0.120907,
       0.464
      ],
      [
       "L1.imp",
       -0.011046,
       0.042981,
       -0.093426,
       -0.012128,
       0.074249,
       0.391
      ],
      [
       "L1.dep",
       0.031913,
       0.102787,
       -0.168342,
       0.033019,
       0.238255,
       0.625
      ],
      [
       "L1.unemp",
       -0.159585,
       0.206951,
       -0.562741,
       -0.154607,
       0.250478,
       0.219
      ]
     ]
    },
    {
     "title": "Equation: gdp",
     "rows": [
      [
       "const",
       4.878958,
       0.559545,
       3.771394,
       4.877517,
       5.988292,
       1.0
      ],
      [
       "L1.lend",
       -0.036224,
       0.064278,
       -0.163309,
       -0.036872,
       0.086317,
       0.29
      ],
      [
       "L1.infl",
       0.004139,
       0.023736,
       -0.042058,
       0.003779,
       0.050628,
       0.558
      ],
      [
       "L1.gdp",
       0.108539,
       0.087727,
       -0.060582,
       0.108884,
       0.285306,
       0.891
      ],
      [
       "L1.credit",
       0.004866,
       0.02548,
       -0.044298,
       0.00477,
       0.056909,
       0.573
      ],
      [
       "L1.money",
       -0.00089,
       0.01751,
       -0.036001,
       -0.000994,
       0.032915,
       0.48
      ],
      [
       "L1.fx_dep",
       -0.005614,
       0.013797,
       -0.032204,
       -0.005645,
       0.021757,
       0.338
      ],
      [
       "L1.reserves",
       0.000688,
       0.002027,
       -0.00342,
       0.00071,
       0.004592,
       0.632
      ],
      [
       "L1.cons",
       0.020849,
       0.025321,
       -0.027659,
       0.020772,
       0.068859,
       0.795
      ],
      [
       "L1.inv",
       0.005892,
       0.076335,
       -0.149729,
       0.008242,
       0.151597,
       0.541
      ],
      [
       "L1.exp",
       -0.005799,
       0.033313,
       -0.072502,
       -0.005665,
       0.05829,
       0.431
      ],
      [
       "L1.imp",
       0.001915,
       0.02116,
       -0.038692,
       0.0017,
       0.043252,
       0.533
      ],
      [
       "L1.dep",
       -0.010367,
       0.050407,
       -0.105021,
       -0.011255,
       0.087619,
       0.415
      ],
      [
       "L1.unemp",
       -0.010054,
       0.105798,
       -0.212609,
       -0.011488,
       0.199914,
       0.459
      ]
     ]
    },
    {
     "title": "Equation: credit",
     "rows": [
      [
       "const",
       0.920808,
       0.740868,
       -0.529637,
       0.915763,
       2.494443,
       0.897
      ],
      [
       "L1.lend",
       0.011452,
       0.123018,
       -0.229943,
       0.011398,
       0.251273,
       0.534
      ],
      [
       "L1.infl",
       -0.015254,
       0.044408,
       -0.1045,
       -0.014485,
       0.069102,
       0.374
      ],
      [
       "L1.gdp",
       -0.030575,
       0.092327,
       -0.214658,
       -0.02901,
       0.155501,
       0.37
      ],
      [
       "L1.credit",
       -0.003016,
       0.087485,
       -0.17448,
       -0.003503,
       0.169876,
       0.484
      ],
      [
       "L1.money",
       0.010325,
       0.034344,
       -0.055657,
       0.01098,
       0.077413,
       0.621
      ],
      [
       "L1.fx_dep",
       -0.009481,
       0.025933,
       -0.059681,
       -0.009604,
       0.041211,
       0.357
      ],
      [
       "L1.reserves",
       0.001853,
       0.003865,
       -0.005829,
       0.001823,
       0.009308,
       0.692
      ],
      [
       "L1.cons",
       -0.012452,
       0.047772,
       -0.107102,
       -0.011481,
       0.081244,
       0.4
      ],
      [
       "L1.inv",
       0.024135,
       0.142765,
       -0.257528,
       0.025125,
       0.310287,
       0.569
      ],
      [
       "L1.exp",
       0.008358,
       0.063069,
       -0.116314,
       0.009527,
       0.12896,
       0.55
      ],
      [
       "L1.imp",
       -0.004286,
       0.0404,
       -0.084292,
       -0.003432,
       0.075189,
       0.467
      ],
      [
       "L1.dep",
       -0.009576,
       0.094465,
       -0.190366,
       -0.009553,
       0.175278,
       0.456
      ],
      [
       "L1.unemp",
       0.041663,
       0.195161,
       -0.341721,
       0.04497,
       0.418512,
       0.589
      ]
     ]
    },
    {
     "title": "Equation: money",
     "rows": [
      [
       "const",
       1.00052,
       1.054037,
       -1.043942,
       0.984142,
       3.022138,
       0.829
      ],
      [
       "L1.lend",
       0.046195,
       0.172436,
       -0.297261,
       0.044624,
       0.387441,
       0.608
      ],
      [
       "L1.infl",
       -0.03131,
       0.062349,
       -0.151069,
       -0.032297,
       0.091004,
       0.311
      ],
      [
       "L1.gdp",
       -0.019221,
       0.131143,
       -0.274351,
       -0.02124,
       0.236948,
       0.434
      ],
      [
       "L1.credit",
       -0.000667,
       0.067614,
       -0.134504,
       -0.000654,
       0.133111,
       0.495
      ],
      [
       "L1.money",
       0.062309,
       0.088533,
       -0.112298,
       0.062229,
       0.236824,
       0.758
      ],
      [
       "L1.fx_dep",
       0.00058,
       0.037452,
       -0.071333,
       -2.4e-05,
       0.072297,
       0.5
      ],
      [
       "L1.reserves",
       0.001098,
       0.005516,
       -0.009727,
       0.001246,
       0.011704,
       0.586
      ],
      [
       "L1.cons",
       -0.016181,
       0.066426,
       -0.142093,
       -0.017683,
       0.116191,
       0.404
      ],
      [
       "L1.inv",
       0.057348,
       0.207027,
       -0.344406,
       0.054416,
       0.466272,
       0.606
      ],
      [
       "L1.exp",
       0.024228,
       0.088864,
       -0.145449,
       0.023428,
       0.202515,
       0.608
      ],
      [
       "L1.imp",
       -0.000956,
       0.057821,
       -0.115358,
       -0.001492,
       0.113599,
       0.49
      ],
      [
       "L1.dep",
       0.006622,
       0.135843,
       -0.258085,
       0.002645,
       0.270723,
       0.508
      ],
      [
       "L1.unemp",
       0.080636,
       0.281692,
       -0.472877,
       0.083516,
       0.6308,
       0.619
      ]
     ]
    },
    {
     "title": "Equation: fx_dep",
     "rows": [
      [
       "const",
       3.059749,
       1.339175,
       0.487714,
       3.057951,
       5.778917,
       0.989
      ],
      [
       "L1.lend",
       -0.027452,
       0.223737,
       -0.461817,
       -0.029131,
       0.414689,
       0.451
      ],
      [
       "L1.infl",
       0.029552,
       0.081381,
       -0.130919,
       0.028512,
       0.188124,
       0.642
      ],
      [
       "L1.gdp",
       0.000987,
       0.167362,
       -0.337519,
       -0.002165,
       0.32693,
       0.493
      ],
      [
       "L1.credit",
       0.002429,
       0.088971,
       -0.166767,
       0.000362,
       0.176582,
       0.503
      ],
      [
       "L1.money",
       -0.017862,
       0.061106,
       -0.137235,
       -0.019157,
       0.101198,
       0.38
      ],
      [
       "L1.fx_dep",
       0.093269,
       0.085436,
       -0.074332,
       0.094496,
       0.256194,
       0.857
      ],
      [
       "L1.reserves",
       -0.007425,
       0.007074,
       -0.020784,
       -0.007541,
       0.006609,
       0.148
      ],
      [
       "L1.cons",
       0.018037,
       0.087,
       -0.155756,
       0.019731,
       0.184177,
       0.594
      ],
      [
       "L1.inv",
       0.055749,
       0.262623,
       -0.464652,
       0.057886,
       0.575799,
       0.591
      ],
      [
       "L1.exp",
       0.052786,
       0.115565,
       -0.170472,
       0.053538,
       0.280232,
       0.675
      ],
      [
       "L1.imp",
       0.03245,
       0.074553,
       -0.11664,
       0.032075,
       0.178565,
       0.67
      ],
      [
       "L1.dep",
       0.028543,
       0.175733,
       -0.306076,
       0.025261,
       0.373913,
       0.554
      ],
      [
       "L1.unemp",
       -0.218235,
       0.355661,
       -0.914339,
       -0.205491,
       0.473668,
       0.274
      ]
     ]
    }
   ]
  },
  "var3": {
   "model": "var",
   "spec": {
    "vars": [
     "fx_dep",
     "infl",
     "gdp"
    ],
    "time": "year",
    "transform": "levels",
    "max_lags": 2,
    "horizon": 6
   },
   "error": null,
   "summary": [
    {
     "label": "Observations",
     "value": 33
    },
    {
     "label": "Lags",
     "value": 1
    },
    {
     "label": "Variables",
     "value": 3
    },
    {
     "label": "AIC",
     "value": 4.8179
    },
    {
     "label": "BIC",
     "value": 5.3621
    },
    {
     "label": "Stable",
     "value": "yes"
    }
   ],
   "nobs": 33,
   "tables": [
    {
     "title": "Lag-order selection",
     "rows": [
      [
       0,
       4.9445,
       5.0819,
       4.9901,
       140.4104
      ],
      [
       1,
       4.867,
       5.4166,
       5.0492,
       130.4423
      ],
      [
       2,
       4.8916,
       5.8535,
       5.2104,
       136.0645
      ]
     ]
    },
    {
     "title": "Equation: fx_dep",
     "rows": [
      [
       "const",
       0.048038,
       3.63983,
       0.0132,
       0.9896,
       -7.39625,
       7.492326
      ],
      [
       "L1.fx_dep",
       0.365433,
       0.167129,
       2.1865,
       0.037,
       0.023615,
       0.707251
      ],
      [
       "L1.infl",
       0.34772,
       0.292317,
       1.1895,
       0.2439,
       -0.250135,
       0.945576
      ],
      [
       "L1.gdp",
       0.000501,
       0.615527,
       0.0008,
       0.9994,
       -1.258393,
       1.259395
      ]
     ]
    },
    {
     "title": "Equation: infl",
     "rows": [
      [
       "const",
       3.69334,
       2.168455,
       1.7032,
       0.0992,
       -0.741648,
       8.128328
      ],
      [
       "L1.fx_dep",
       0.058224,
       0.099569,
       0.5848,
       0.5632,
       -0.145416,
       0.261865
      ],
      [
       "L1.infl",
       0.380079,
       0.17415,
       2.1825,
       0.0373,
       0.023902,
       0.736256
      ],
      [
       "L1.gdp",
       0.036567,
       0.366705,
       0.0997,
       0.9213,
       -0.713428,
       0.786563
      ]
     ]
    },
    {
     "title": "Equation: gdp",
     "rows": [
      [
       "const",
       3.277809,
       1.035743,
       3.1647,
       0.0036,
       1.159477,
       5.396141
      ],
      [
       "L1.fx_dep",
       -0.076179,
       0.047558,
       -1.6018,
       0.12,
       -0.173446,
       0.021088
      ],
      [
       "L1.infl",
       0.028047,
       0.083181,
       0.3372,
       0.7384,
       -0.142078,
       0.198172
      ],
      [
       "L1.gdp",
       0.428577,
       0.175153,
       2.4469,
       0.0207,
       0.070349,
       0.786805
      ]
     ]
    },
    {
     "title": "Granger causality tests",
     "rows": [
      [
       "infl -> fx_dep",
       1.415,
       0.2375,
       "F(1, 87); H0: infl does not Granger-cause fx_dep"
      ],
      [
       "gdp -> fx_dep",
       0.0,
       0.9994,
       "F(1, 87); H0: gdp does not Granger-cause fx_dep"
      ],
      [
       "fx_dep -> infl",
       0.3419,
       0.5602,
       "F(1, 87); H0: fx_dep does not Granger-cause infl"
      ],
      [
       "gdp -> infl",
       0.0099,
       0.9208,
       "F(1, 87); H0: gdp does not Granger-cause infl"
      ],
      [
       "fx_dep -> gdp",
       2.5658,
       0.1128,
       "F(1, 87); H0: fx_dep does not Granger-cause gdp"
      ],
      [
       "infl -> gdp",
       0.1137,
       0.7368,
       "F(1, 87); H0: infl does not Granger-cause gdp"
      ]
     ]
    },
    {
     "title": "Residual diagnostics and stability",
     "rows": [
      [
       "Portmanteau whiteness (45 df)",
       39.6098,
       0.699,
       "H0: no residual autocorrelation"
      ],
      [
       "Jarque-Bera normality (system)",
       10.5461,
       0.1035,
       "H0: normal residuals"
      ],
      [
       "Stability: smallest root modulus",
       2.0745,
       null,
       "stable if every root lies outside the unit circle (modulus > 1)"
      ]
     ]
    },
    {
     "title": "Forecast-error variance decomposition at horizon 6 (%)",
     "rows": [
      [
       "fx_dep",
       93.68,
       6.32,
       0.0
      ],
      [
       "infl",
       1.42,
       98.53,
       0.05
      ],
      [
       "gdp",
       9.11,
       3.66,
       87.23
      ]
     ]
    }
   ]
  },
  "var5_fx": {
   "model": "var",
   "spec": {
    "vars": [
     "fx_dep",
     "infl",
     "money",
     "gdp",
     "lend"
    ],
    "time": "year",
    "transform": "levels",
    "max_lags": 2,
    "horizon": 6
   },
   "error": null,
   "summary": [
    {
     "label": "Observations",
     "value": 33
    },
    {
     "label": "Lags",
     "value": 1
    },
    {
     "label": "Variables",
     "value": 5
    },
    {
     "label": "AIC",
     "value": 6.293
    },
    {
     "label": "BIC",
     "value": 7.6534
    },
    {
     "label": "Stable",
     "value": "yes"
    }
   ],
   "nobs": 33,
   "tables": [
    {
     "title": "Lag-order selection",
     "rows": [
      [
       0,
       6.3933,
       6.6224,
       6.4692,
       597.9072
      ],
      [
       1,
       6.3873,
       7.7614,
       6.8428,
       607.7423
      ],
      [
       2,
       6.9264,
       9.4456,
       7.7614,
       1178.8317
      ]
     ]
    },
    {
     "title": "Equation: fx_dep",
     "rows": [
      [
       "const",
       -0.711484,
       4.004069,
       -0.1777,
       0.8603,
       -8.927154,
       7.504186
      ],
      [
       "L1.fx_dep",
       0.519122,
       0.184548,
       2.8129,
       0.009,
       0.140461,
       0.897784
      ],
      [
       "L1.infl",
       0.50089,
       0.309027,
       1.6209,
       0.1167,
       -0.13318,
       1.134961
      ],
      [
       "L1.money",
       -0.139484,
       0.237177,
       -0.5881,
       0.5614,
       -0.626132,
       0.347164
      ],
      [
       "L1.gdp",
       -0.163877,
       0.621441,
       -0.2637,
       0.794,
       -1.438968,
       1.111214
      ],
      [
       "L1.lend",
       -1.758725,
       0.979787,
       -1.795,
       0.0839,
       -3.769081,
       0.251632
      ]
     ]
    },
    {
     "title": "Equation: infl",
     "rows": [
      [
       "const",
       3.964457,
       2.548024,
       1.5559,
       0.1314,
       -1.263657,
       9.192572
      ],
      [
       "L1.fx_dep",
       0.048086,
       0.117439,
       0.4095,
       0.6854,
       -0.192879,
       0.28905
      ],
      [
       "L1.infl",
       0.362675,
       0.196652,
       1.8442,
       0.0761,
       -0.040822,
       0.766171
      ],
      [
       "L1.money",
       -0.026142,
       0.15093,
       -0.1732,
       0.8638,
       -0.335824,
       0.283541
      ],
      [
       "L1.gdp",
       0.021074,
       0.395459,
       0.0533,
       0.9579,
       -0.790342,
       0.832489
      ],
      [
       "L1.lend",
       0.106291,
       0.623496,
       0.1705,
       0.8659,
       -1.173017,
       1.3856
      ]
     ]
    },
    {
     "title": "Equation: money",
     "rows": [
      [
       "const",
       4.212613,
       3.141036,
       1.3412,
       0.191,
       -2.232261,
       10.657487
      ],
      [
       "L1.fx_dep",
       -0.090135,
       0.144771,
       -0.6226,
       0.5388,
       -0.38718,
       0.20691
      ],
      [
       "L1.infl",
       -0.473018,
       0.24242,
       -1.9512,
       0.0615,
       -0.970422,
       0.024386
      ],
      [
       "L1.money",
       0.160625,
       0.186056,
       0.8633,
       0.3956,
       -0.221131,
       0.542381
      ],
      [
       "L1.gdp",
       -0.018449,
       0.487496,
       -0.0378,
       0.9701,
       -1.018709,
       0.98181
      ],
      [
       "L1.lend",
       1.254816,
       0.768605,
       1.6326,
       0.1142,
       -0.322231,
       2.831862
      ]
     ]
    },
    {
     "title": "Equation: gdp",
     "rows": [
      [
       "const",
       2.415759,
       1.129722,
       2.1384,
       0.0417,
       0.09776,
       4.733758
      ],
      [
       "L1.fx_dep",
       -0.024793,
       0.052069,
       -0.4762,
       0.6378,
       -0.13163,
       0.082044
      ],
      [
       "L1.infl",
       0.099345,
       0.08719,
       1.1394,
       0.2645,
       -0.079554,
       0.278244
      ],
      [
       "L1.money",
       0.050606,
       0.066918,
       0.7562,
       0.4561,
       -0.086698,
       0.187911
      ],
      [
       "L1.gdp",
       0.446081,
       0.175336,
       2.5442,
       0.017,
       0.086322,
       0.805839
      ],
      [
       "L1.lend",
       -0.561275,
       0.276441,
       -2.0304,
       0.0523,
       -1.128484,
       0.005934
      ]
     ]
    },
    {
     "title": "Equation: lend",
     "rows": [
      [
       "const",
       -2.221136,
       0.721329,
       -3.0792,
       0.0047,
       -3.701181,
       -0.741091
      ],
      [
       "L1.fx_dep",
       0.131195,
       0.033246,
       3.9462,
       0.0005,
       0.06298,
       0.19941
      ],
      [
       "L1.infl",
       0.119233,
       0.055671,
       2.1418,
       0.0414,
       0.005006,
       0.233461
      ],
      [
       "L1.money",
       0.046078,
       0.042727,
       1.0784,
       0.2904,
       -0.041591,
       0.133747
      ],
      [
       "L1.gdp",
       0.132426,
       0.111952,
       1.1829,
       0.2472,
       -0.09728,
       0.362133
      ],
      [
       "L1.lend",
       -0.261647,
       0.176508,
       -1.4824,
       0.1498,
       -0.623811,
       0.100517
      ]
     ]
    },
    {
     "title": "Granger causality tests",
     "rows": [
      [
       "infl -> fx_dep",
       2.6272,
       0.1074,
       "F(1, 135); H0: infl does not Granger-cause fx_dep"
      ],
      [
       "money -> fx_dep",
       0.3459,
       0.5574,
       "F(1, 135); H0: money does not Granger-cause fx_dep"
      ],
      [
       "gdp -> fx_dep",
       0.0695,
       0.7924,
       "F(1, 135); H0: gdp does not Granger-cause fx_dep"
      ],
      [
       "lend -> fx_dep",
       3.2221,
       0.0749,
       "F(1, 135); H0: lend does not Granger-cause fx_dep"
      ],
      [
       "fx_dep -> infl",
       0.1677,
       0.6829,
       "F(1, 135); H0: fx_dep does not Granger-cause infl"
      ],
      [
       "money -> infl",
       0.03,
       0.8628,
       "F(1, 135); H0: money does not Granger-cause infl"
      ],
      [
       "gdp -> infl",
       0.0028,
       0.9576,
       "F(1, 135); H0: gdp does not Granger-cause infl"
      ],
      [
       "lend -> infl",
       0.0291,
       0.8649,
       "F(1, 135); H0: lend does not Granger-cause infl"
      ],
      [
       "fx_dep -> money",
       0.3876,
       0.5346,
       "F(1, 135); H0: fx_dep does not Granger-cause money"
      ],
      [
       "infl -> money",
       3.8073,
       0.0531,
       "F(1, 135); H0: infl does not Granger-cause money"
      ],
      [
       "gdp -> money",
       0.0014,
       0.9699,
       "F(1, 135); H0: gdp does not Granger-cause money"
      ],
      [
       "lend -> money",
       2.6653,
       0.1049,
       "F(1, 135); H0: lend does not Granger-cause money"
      ],
      [
       "fx_dep -> gdp",
       0.2267,
       0.6347,
       "F(1, 135); H0: fx_dep does not Granger-cause gdp"
      ],
      [
       "infl -> gdp",
       1.2983,
       0.2565,
       "F(1, 135); H0: infl does not Granger-cause gdp"
      ],
      [
       "money -> gdp",
       0.5719,
       0.4508,
       "F(1, 135); H0: money does not Granger-cause gdp"
      ],
      [
       "lend -> gdp",
       4.1224,
       0.0443,
       "F(1, 135); H0: lend does not Granger-cause gdp"
      ],
      [
       "fx_dep -> lend",
       15.5723,
       0.0001,
       "F(1, 135); H0: fx_dep does not Granger-cause lend"
      ],
      [
       "infl -> lend",
       4.5871,
       0.034,
       "F(1, 135); H0: infl does not Granger-cause lend"
      ],
      [
       "money -> lend",
       1.163,
       0.2828,
       "F(1, 135); H0: money does not Granger-cause lend"
      ],
      [
       "gdp -> lend",
       1.3992,
       0.2389,
       "F(1, 135); H0: gdp does not Granger-cause lend"
      ]
     ]
    },
    {
     "title": "Residual diagnostics and stability",
     "rows": [
      [
       "Portmanteau whiteness (125 df)",
       106.7623,
       0.8794,
       "H0: no residual autocorrelation"
      ],
      [
       "Jarque-Bera normality (system)",
       30.1867,
       0.0008,
       "H0: normal residuals"
      ],
      [
       "Stability: smallest root modulus",
       1.7431,
       null,
       "stable if every root lies outside the unit circle (modulus > 1)"
      ]
     ]
    },
    {
     "title": "Forecast-error variance decomposition at horizon 6 (%)",
     "rows": [
      [
       "fx_dep",
       79.91,
       8.29,
       4.0,
       1.65,
       6.14
      ],
      [
       "infl",
       1.22,
       98.36,
       0.21,
       0.03,
       0.19
      ],
      [
       "money",
       2.84,
       14.97,
       76.47,
       0.31,
       5.41
      ],
      [
       "gdp",
       12.43,
       7.26,
       1.65,
       71.43,
       7.22
      ],
      [
       "lend",
       29.68,
       13.09,
       4.74,
       2.39,
       50.1
      ]
     ]
    }
   ]
  },
  "var5_mp": {
   "model": "var",
   "spec": {
    "vars": [
     "lend",
     "infl",
     "money",
     "gdp",
     "fx_dep"
    ],
    "time": "year",
    "transform": "levels",
    "max_lags": 2,
    "horizon": 6
   },
   "error": null,
   "summary": [
    {
     "label": "Observations",
     "value": 33
    },
    {
     "label": "Lags",
     "value": 1
    },
    {
     "label": "Variables",
     "value": 5
    },
    {
     "label": "AIC",
     "value": 6.293
    },
    {
     "label": "BIC",
     "value": 7.6534
    },
    {
     "label": "Stable",
     "value": "yes"
    }
   ],
   "nobs": 33,
   "tables": [
    {
     "title": "Lag-order selection",
     "rows": [
      [
       0,
       6.3933,
       6.6224,
       6.4692,
       597.9072
      ],
      [
       1,
       6.3873,
       7.7614,
       6.8428,
       607.7423
      ],
      [
       2,
       6.9264,
       9.4456,
       7.7614,
       1178.8317
      ]
     ]
    },
    {
     "title": "Equation: lend",
     "rows": [
      [
       "const",
       -2.221136,
       0.721329,
       -3.0792,
       0.0047,
       -3.701181,
       -0.741091
      ],
      [
       "L1.lend",
       -0.261647,
       0.176508,
       -1.4824,
       0.1498,
       -0.623811,
       0.100517
      ],
      [
       "L1.infl",
       0.119233,
       0.055671,
       2.1418,
       0.0414,
       0.005006,
       0.233461
      ],
      [
       "L1.money",
       0.046078,
       0.042727,
       1.0784,
       0.2904,
       -0.041591,
       0.133747
      ],
      [
       "L1.gdp",
       0.132426,
       0.111952,
       1.1829,
       0.2472,
       -0.09728,
       0.362133
      ],
      [
       "L1.fx_dep",
       0.131195,
       0.033246,
       3.9462,
       0.0005,
       0.06298,
       0.19941
      ]
     ]
    },
    {
     "title": "Equation: infl",
     "rows": [
      [
       "const",
       3.964457,
       2.548024,
       1.5559,
       0.1314,
       -1.263657,
       9.192572
      ],
      [
       "L1.lend",
       0.106291,
       0.623496,
       0.1705,
       0.8659,
       -1.173017,
       1.3856
      ],
      [
       "L1.infl",
       0.362675,
       0.196652,
       1.8442,
       0.0761,
       -0.040822,
       0.766171
      ],
      [
       "L1.money",
       -0.026142,
       0.15093,
       -0.1732,
       0.8638,
       -0.335824,
       0.283541
      ],
      [
       "L1.gdp",
       0.021074,
       0.395459,
       0.0533,
       0.9579,
       -0.790342,
       0.832489
      ],
      [
       "L1.fx_dep",
       0.048086,
       0.117439,
       0.4095,
       0.6854,
       -0.192879,
       0.28905
      ]
     ]
    },
    {
     "title": "Equation: money",
     "rows": [
      [
       "const",
       4.212613,
       3.141036,
       1.3412,
       0.191,
       -2.232261,
       10.657487
      ],
      [
       "L1.lend",
       1.254816,
       0.768605,
       1.6326,
       0.1142,
       -0.322231,
       2.831862
      ],
      [
       "L1.infl",
       -0.473018,
       0.24242,
       -1.9512,
       0.0615,
       -0.970422,
       0.024386
      ],
      [
       "L1.money",
       0.160625,
       0.186056,
       0.8633,
       0.3956,
       -0.221131,
       0.542381
      ],
      [
       "L1.gdp",
       -0.018449,
       0.487496,
       -0.0378,
       0.9701,
       -1.018709,
       0.98181
      ],
      [
       "L1.fx_dep",
       -0.090135,
       0.144771,
       -0.6226,
       0.5388,
       -0.38718,
       0.20691
      ]
     ]
    },
    {
     "title": "Equation: gdp",
     "rows": [
      [
       "const",
       2.415759,
       1.129722,
       2.1384,
       0.0417,
       0.09776,
       4.733758
      ],
      [
       "L1.lend",
       -0.561275,
       0.276441,
       -2.0304,
       0.0523,
       -1.128484,
       0.005934
      ],
      [
       "L1.infl",
       0.099345,
       0.08719,
       1.1394,
       0.2645,
       -0.079554,
       0.278244
      ],
      [
       "L1.money",
       0.050606,
       0.066918,
       0.7562,
       0.4561,
       -0.086698,
       0.187911
      ],
      [
       "L1.gdp",
       0.446081,
       0.175336,
       2.5442,
       0.017,
       0.086322,
       0.805839
      ],
      [
       "L1.fx_dep",
       -0.024793,
       0.052069,
       -0.4762,
       0.6378,
       -0.13163,
       0.082044
      ]
     ]
    },
    {
     "title": "Equation: fx_dep",
     "rows": [
      [
       "const",
       -0.711484,
       4.004069,
       -0.1777,
       0.8603,
       -8.927154,
       7.504186
      ],
      [
       "L1.lend",
       -1.758725,
       0.979787,
       -1.795,
       0.0839,
       -3.769081,
       0.251632
      ],
      [
       "L1.infl",
       0.50089,
       0.309027,
       1.6209,
       0.1167,
       -0.13318,
       1.134961
      ],
      [
       "L1.money",
       -0.139484,
       0.237177,
       -0.5881,
       0.5614,
       -0.626132,
       0.347164
      ],
      [
       "L1.gdp",
       -0.163877,
       0.621441,
       -0.2637,
       0.794,
       -1.438968,
       1.111214
      ],
      [
       "L1.fx_dep",
       0.519122,
       0.184548,
       2.8129,
       0.009,
       0.140461,
       0.897784
      ]
     ]
    },
    {
     "title": "Granger causality tests",
     "rows": [
      [
       "infl -> lend",
       4.5871,
       0.034,
       "F(1, 135); H0: infl does not Granger-cause lend"
      ],
      [
       "money -> lend",
       1.163,
       0.2828,
       "F(1, 135); H0: money does not Granger-cause lend"
      ],
      [
       "gdp -> lend",
       1.3992,
       0.2389,
       "F(1, 135); H0: gdp does not Granger-cause lend"
      ],
      [
       "fx_dep -> lend",
       15.5723,
       0.0001,
       "F(1, 135); H0: fx_dep does not Granger-cause lend"
      ],
      [
       "lend -> infl",
       0.0291,
       0.8649,
       "F(1, 135); H0: lend does not Granger-cause infl"
      ],
      [
       "money -> infl",
       0.03,
       0.8628,
       "F(1, 135); H0: money does not Granger-cause infl"
      ],
      [
       "gdp -> infl",
       0.0028,
       0.9576,
       "F(1, 135); H0: gdp does not Granger-cause infl"
      ],
      [
       "fx_dep -> infl",
       0.1677,
       0.6829,
       "F(1, 135); H0: fx_dep does not Granger-cause infl"
      ],
      [
       "lend -> money",
       2.6653,
       0.1049,
       "F(1, 135); H0: lend does not Granger-cause money"
      ],
      [
       "infl -> money",
       3.8073,
       0.0531,
       "F(1, 135); H0: infl does not Granger-cause money"
      ],
      [
       "gdp -> money",
       0.0014,
       0.9699,
       "F(1, 135); H0: gdp does not Granger-cause money"
      ],
      [
       "fx_dep -> money",
       0.3876,
       0.5346,
       "F(1, 135); H0: fx_dep does not Granger-cause money"
      ],
      [
       "lend -> gdp",
       4.1224,
       0.0443,
       "F(1, 135); H0: lend does not Granger-cause gdp"
      ],
      [
       "infl -> gdp",
       1.2983,
       0.2565,
       "F(1, 135); H0: infl does not Granger-cause gdp"
      ],
      [
       "money -> gdp",
       0.5719,
       0.4508,
       "F(1, 135); H0: money does not Granger-cause gdp"
      ],
      [
       "fx_dep -> gdp",
       0.2267,
       0.6347,
       "F(1, 135); H0: fx_dep does not Granger-cause gdp"
      ],
      [
       "lend -> fx_dep",
       3.2221,
       0.0749,
       "F(1, 135); H0: lend does not Granger-cause fx_dep"
      ],
      [
       "infl -> fx_dep",
       2.6272,
       0.1074,
       "F(1, 135); H0: infl does not Granger-cause fx_dep"
      ],
      [
       "money -> fx_dep",
       0.3459,
       0.5574,
       "F(1, 135); H0: money does not Granger-cause fx_dep"
      ],
      [
       "gdp -> fx_dep",
       0.0695,
       0.7924,
       "F(1, 135); H0: gdp does not Granger-cause fx_dep"
      ]
     ]
    },
    {
     "title": "Residual diagnostics and stability",
     "rows": [
      [
       "Portmanteau whiteness (125 df)",
       106.7623,
       0.8794,
       "H0: no residual autocorrelation"
      ],
      [
       "Jarque-Bera normality (system)",
       16.1407,
       0.0957,
       "H0: normal residuals"
      ],
      [
       "Stability: smallest root modulus",
       1.7431,
       null,
       "stable if every root lies outside the unit circle (modulus > 1)"
      ]
     ]
    },
    {
     "title": "Forecast-error variance decomposition at horizon 6 (%)",
     "rows": [
      [
       "lend",
       54.87,
       12.82,
       3.09,
       1.27,
       27.95
      ],
      [
       "infl",
       2.55,
       96.13,
       0.11,
       0.01,
       1.2
      ],
      [
       "money",
       9.0,
       18.61,
       70.45,
       0.2,
       1.75
      ],
      [
       "gdp",
       5.71,
       8.4,
       2.18,
       73.75,
       9.96
      ],
      [
       "fx_dep",
       6.86,
       10.1,
       1.92,
       1.97,
       79.15
      ]
     ]
    }
   ]
  },
  "svar3": {
   "model": "svar",
   "spec": {
    "vars": [
     "fx_dep",
     "infl",
     "gdp"
    ],
    "shock": "fx_dep",
    "time": "year",
    "lags": 1,
    "horizon": 6,
    "boot": 500,
    "level": "90"
   },
   "error": "Too few observations for the chosen number of variables and lags.",
   "summary": null,
   "nobs": null,
   "tables": null
  },
  "lp": {
   "model": "lp",
   "spec": {
    "y": "infl",
    "shock": "fx_dep",
    "controls": [
     "gdp",
     "lend",
     "money"
    ],
    "time": "year",
    "lags": 1,
    "horizon": 6,
    "scale": "sd",
    "cov": "hac"
   },
   "error": null,
   "summary": [
    {
     "label": "Observations (h = 0)",
     "value": 33
    },
    {
     "label": "Horizons",
     "value": 6
    },
    {
     "label": "Lags",
     "value": 1
    },
    {
     "label": "Shock std. dev.",
     "value": 4.0244
    },
    {
     "label": "Peak response",
     "value": 0.9872
    },
    {
     "label": "Peak horizon",
     "value": 6
    },
    {
     "label": "Standard errors",
     "value": "Newey-West"
    },
    {
     "label": "Estimator",
     "value": "OLS"
    }
   ],
   "nobs": 33,
   "tables": [
    {
     "title": "Impulse response by horizon",
     "rows": [
      [
       0,
       0.033851,
       0.509998,
       0.9471,
       -0.965744,
       1.033446,
       33
      ],
      [
       1,
       0.589633,
       0.490827,
       0.2296,
       -0.372388,
       1.551654,
       32
      ],
      [
       2,
       0.151095,
       0.366589,
       0.6802,
       -0.567419,
       0.869609,
       31
      ],
      [
       3,
       -0.226423,
       0.383931,
       0.5554,
       -0.978928,
       0.526082,
       30
      ],
      [
       4,
       -0.49615,
       0.640875,
       0.4388,
       -1.752264,
       0.759965,
       29
      ],
      [
       5,
       0.622391,
       0.47262,
       0.1879,
       -0.303945,
       1.548727,
       28
      ],
      [
       6,
       0.987166,
       0.430914,
       0.022,
       0.142575,
       1.831757,
       27
      ]
     ]
    },
    {
     "title": "Reading the response",
     "rows": [
      [
       "Horizons with a response significant at 5%",
       1,
       null,
       "6"
      ],
      [
       "Peak response",
       0.987166,
       null,
       "at horizon 6"
      ]
     ]
    }
   ]
  },
  "lp_mp": {
   "model": "lp",
   "spec": {
    "y": "infl",
    "shock": "lend",
    "controls": [
     "gdp",
     "fx_dep",
     "money"
    ],
    "time": "year",
    "lags": 1,
    "horizon": 6,
    "scale": "sd",
    "cov": "hac"
   },
   "error": null,
   "summary": [
    {
     "label": "Observations (h = 0)",
     "value": 33
    },
    {
     "label": "Horizons",
     "value": 6
    },
    {
     "label": "Lags",
     "value": 1
    },
    {
     "label": "Shock std. dev.",
     "value": 0.8252
    },
    {
     "label": "Peak response",
     "value": 0.6898
    },
    {
     "label": "Peak horizon",
     "value": 2
    },
    {
     "label": "Standard errors",
     "value": "Newey-West"
    },
    {
     "label": "Estimator",
     "value": "OLS"
    }
   ],
   "nobs": 33,
   "tables": [
    {
     "title": "Impulse response by horizon",
     "rows": [
      [
       0,
       0.425531,
       0.419492,
       0.3104,
       -0.396673,
       1.247735,
       33
      ],
      [
       1,
       0.564795,
       0.479111,
       0.2385,
       -0.374261,
       1.503852,
       32
      ],
      [
       2,
       0.68975,
       0.521891,
       0.1863,
       -0.333155,
       1.712656,
       31
      ],
      [
       3,
       -0.368313,
       0.482939,
       0.4457,
       -1.314873,
       0.578247,
       30
      ],
      [
       4,
       -0.290574,
       0.661902,
       0.6607,
       -1.587902,
       1.006754,
       29
      ],
      [
       5,
       0.448712,
       0.563612,
       0.426,
       -0.655968,
       1.553393,
       28
      ],
      [
       6,
       -0.00104,
       0.539443,
       0.9985,
       -1.058348,
       1.056268,
       27
      ]
     ]
    },
    {
     "title": "Reading the response",
     "rows": [
      [
       "Horizons with a response significant at 5%",
       0,
       null,
       "none"
      ],
      [
       "Peak response",
       0.68975,
       null,
       "at horizon 2"
      ]
     ]
    }
   ]
  }
 },
 "irf": {
  "bvar13_fx|infl<-fx_dep": {
   "x": [
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    1.0,
    2.0,
    3.0,
    4.0,
    5.0,
    6.0
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   "y": [
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    0.020112,
    0.005785,
    0.001041,
    0.000208,
    4.3e-05,
    8e-06
   ],
   "lo": [
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    -0.084544,
    -0.02157,
    -0.005277,
    -0.001426,
    -0.000373,
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   ],
   "hi": [
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    0.121099,
    0.034688,
    0.008769,
    0.002156,
    0.00054,
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  },
  "bvar13_fx|gdp<-fx_dep": {
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    1.0,
    2.0,
    3.0,
    4.0,
    5.0,
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   "y": [
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    -0.000771,
    -0.000116,
    -2.4e-05,
    -4e-06
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   "lo": [
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    -0.071701,
    -0.018932,
    -0.004754,
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    -0.000291,
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   "hi": [
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  "bvar13_fx_l2|infl<-fx_dep": {
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  },
  "bvar13_fx_tight|infl<-fx_dep": {
   "x": [
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    1.0,
    2.0,
    3.0,
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  },
  "bvar13_mp|infl<-lend": {
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    4.0,
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   "y": [
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    2.3e-05,
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    -0.000321,
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   "hi": [
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    0.029318,
    0.006817,
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  },
  "bvar13_mp|gdp<-lend": {
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    2.0,
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    4.0,
    5.0,
    6.0
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   "y": [
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    -0.000265,
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    -1e-06,
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    -0.0034,
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    0.02298,
    0.008826,
    0.002492,
    0.000691,
    0.000173,
    4.4e-05
   ]
  },
  "bvar13_mp|credit<-lend": {
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    1.0,
    2.0,
    3.0,
    4.0,
    5.0,
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    0.009462,
    0.002315,
    0.000523,
    3.9e-05,
    1.7e-05,
    1e-06
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    0.004796,
    0.000981,
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    5.8e-05
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  },
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    1.0,
    2.0,
    3.0,
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    6.0
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  },
  "var5_fx|infl<-fx_dep": {
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    1.0,
    2.0,
    3.0,
    4.0,
    5.0,
    6.0
   ],
   "y": [
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    0.01177,
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    1.046908,
    0.89455,
    0.566425,
    0.35214,
    0.215597,
    0.133233
   ]
  },
  "var5_mp|infl<-lend": {
   "x": [
    0.0,
    1.0,
    2.0,
    3.0,
    4.0,
    5.0,
    6.0
   ],
   "y": [
    0.345048,
    0.225883,
    0.031518,
    -0.01609,
    -0.008224,
    -0.000561,
    0.00066
   ],
   "lo": [
    -0.457094,
    -0.563027,
    -0.46672,
    -0.269576,
    -0.111911,
    -0.044551,
    -0.021183
   ],
   "hi": [
    1.147189,
    1.014793,
    0.529756,
    0.237396,
    0.095463,
    0.043429,
    0.022503
   ]
  },
  "lp|infl": {
   "x": [
    0.0,
    1.0,
    2.0,
    3.0,
    4.0,
    5.0,
    6.0
   ],
   "y": [
    0.033851,
    0.589633,
    0.151095,
    -0.226423,
    -0.49615,
    0.622391,
    0.987166
   ],
   "lo": [
    -0.965744,
    -0.372388,
    -0.567419,
    -0.978928,
    -1.752264,
    -0.303945,
    0.142575
   ],
   "hi": [
    1.033446,
    1.551654,
    0.869609,
    0.526082,
    0.759965,
    1.548727,
    1.831757
   ],
   "title": "Response of infl to one standard deviation of fx_dep"
  },
  "lp_mp|infl": {
   "x": [
    0.0,
    1.0,
    2.0,
    3.0,
    4.0,
    5.0,
    6.0
   ],
   "y": [
    0.425531,
    0.564795,
    0.68975,
    -0.368313,
    -0.290574,
    0.448712,
    -0.00104
   ],
   "lo": [
    -0.396673,
    -0.374261,
    -0.333155,
    -1.314873,
    -1.587902,
    -0.655968,
    -1.058348
   ],
   "hi": [
    1.247735,
    1.503852,
    1.712656,
    0.578247,
    1.006754,
    1.553393,
    1.056268
   ],
   "title": "Response of infl to one standard deviation of lend"
  }
 }
}