Table 1 Descriptive statistics.
Variables | Obs | Mean | SD | Min | Max | p1 | p99 | Skew. | Kurt. |
|---|---|---|---|---|---|---|---|---|---|
Unemployment–real oil price model (Brent) | |||||||||
unempl | 160 | 12.185 | 10.711 | 1.531 | 45.144 | 1.578 | 43.801 | 1.143 | 3.483 |
ropbtr | 160 | 0.608 | 0.322 | 0.165 | 1.372 | 0.167 | 1.350 | 0.661 | 2.196 |
rgdp | 160 | 3.473e + 13 | 1.840e + 13 | 1.604e + 13 | 7.122e + 13 | 1.610e + 13 | 7.074e + 13 | 0.845 | 2.185 |
cpi | 160 | 53.234 | 64.445 | 0.365 | 248.882 | 0.365 | 243.242 | 1.316 | 3.836 |
lrate | 160 | 17.284 | 5.141 | 8.089 | 32.482 | 8.121 | 31.947 | 0.145 | 3.317 |
fdi | 160 | 1.481 | 1.309 | − 1.274 | 6.37 | − 1.233 | 6.233 | 1.360 | 5.813 |
Unemployment–real oil price model (WTI) | |||||||||
unempl | 148 | 12.956 | 10.771 | 1.531 | 45.144 | 1.619 | 43.801 | 1.059 | 3.298 |
rwti | 148 | 0.561 | 0.261 | 0.192 | 1.366 | 0.194 | 1.279 | 0.751 | 2.600 |
rgdp | 148 | 3.580e + 13 | 1.868e + 13 | 1.604e + 13 | 7.122e + 13 | 1.610e + 13 | 7.074e + 13 | 0.725 | 1.997 |
cpi | 148 | 57.516 | 65.162 | 0.500 | 248.882 | 0.514 | 243.242 | 1.223 | 3.587 |
lrate | 148 | 17.996 | 4.665 | 9.219 | 32.482 | 9.333 | 31.947 | 0.296 | 3.927 |
fdi | 148 | 1.605 | 1.252 | 0.024 | 6.37 | 0.221 | 6.233 | 1.696 | 6.159 |