Variable;"With Structural Break";"Without Structural Break"
Coefficient;t-Statistic;p-value;Coefficient;t-Statistic;p-value
Δ(CRED_POS);0.0014;0.1592;0.8822;1.0152;0.1495;0.1299
Δ(CRED_NEG);-0.5596;14.379***;0.0000;-0.0017;20.378***;0.0000
Δ(CRED_POS)(-1);0.0011;1.0324;0.8977;0.0129;0.2618;0.3521
Δ(CRED_NEG)(-1);-0.3972;10.1391***;0.0000;1.2914;2.1492**;0.0014
ΔEXRV_POS;-1.2130;-5.7489***;0.0000;-0.3871;-2.7989**;0.0036
ΔEXRV_NEG;0.0095;38.5109***;0.0000;0.1072;-3.8722;0.0003
ΔEXRV_POS(-1);-1.0251;-671.937***;0.0000;-1.7103;-6.957***;0.0000
ΔEXRV_NEG(-1);-1.8794;-153.674***;0.0000;-0.0014;-1.2093;0.5647
Δ(INF_POS);-1.2153;-2.8668**;0.0051;-0.0175;-2.0356**;0.0615
Δ(INF_NEG);-0.0266;-1.4523;0.4615;-0.0146;-0.4563;0.8245
Δ(INF_POS(-1));-0.0114;-3.1542***;0.0001;-0.0175;-2.0194**;0.0002
Δ(INF_NEG)(-1);-0.0003;-0.2915;0.6327;-0.0146;-0.2100;0.3194
"Adjustment size";-0.4468;-7.5065***;0.0000;-0.6672;-29.3879***;0.0000
INRD_POS;-1.3209;-5.3289***;0.0000;-2.3287;-4.1092***;0.0000
INRD_NEG;0.0246;0.2879;0.3891;0.0148;1.2235;0.2489
INRD_POS(-1);-0.0917;-1.9873**;0.0492;-0.0331;-6.1894***;0.0000
INRD_NEG(-1);0.0102;1.2409;0.682;0.0011;1.5268;0.3591
R-squared;0.6850;Mean(MSO);0.0731;R-squared;0.7892;Mean(MSO);0.0968
"Adjusted R-squared";0.64835;"S. D. (MSO)";0.0594;"Adj. R-squared";0.7239;"S. D. (MSO)";0.0397
"S. E. of regression";0.03352;"Akaike info criterion";-3.8039;"S. E. of regression";0.0556;"Akaike info criterion";-2.5872
"Sum squared resid";0.03913;"Schwarz criterion";3.5962;"SS Residuals";0.06522;"Schwarz criterion";-2.3489
"Log likelihood";79.2651;"Hannan-Quinn criterion";-3.7317;"Log likelihood";87.382;"Hannan-Quinn criterion";-2.3894