Table 1 Descriptive statistics of series
Variables | Mean | Maximum | Minimum | Std. dev | No. of obs |
|---|---|---|---|---|---|
Panel sample | |||||
Full sample | |||||
\(bci\) | 100.1647 | 107.7152 | 87.4210 | 1.8043 | 6561 |
\(int\) | 2.4547 | 21.2500 | −0.7900 | 2.5946 | 6561 |
\(unm\) | 7.9365 | 27.9000 | 1.8000 | 4.3983 | 6561 |
Eurozone | |||||
\(bci\) | 100.2415 | 107.7152 | 87.4210 | 2.0978 | 3888 |
\(int\) | 1.9151 | 21.2500 | −0.4176 | 2.2094 | 3888 |
\(unm\) | 9.3276 | 27.9000 | 1.8000 | 4.7348 | 3888 |
Non-Eurozone | |||||
\(bci\) | 100.0530 | 103.9544 | 94.0971 | 1.2526 | 2673 |
\(int\) | 3.2395 | 19.8200 | −0.7900 | 1.2526 | 2673 |
\(unm\) | 5.9130 | 20.5000 | 1.8000 | 2.8230 | 2673 |
Global (cross-section invariant) series (2000M1–2020M03) | |||||
\(brent\) | 64.3794 | 132.7200 | 18.7100 | 29.8653 | 243 |
\(WTI\) | 61.5607 | 133.8800 | 19.3900 | 26.0753 | 243 |
\(epu\) | 121.4435 | 344.1584 | 47.2237 | 54.9635 | 243 |