Korea, Rep. of Luxembourg Mexico Netherlands New Zealand Norway Poland Portugal Slovak Rep. Spain Sweden Switzerland Turkey United Kingdom United States
1970:Q2–2009:Q3 1961:Q2–2009:Q2 1961:Q2–2009:Q2 1961:Q2–2009:Q3 1961:Q2–2009:Q2 1961:Q2–2009:Q3 1995:Q2–2009:Q3 1961:Q2–2009:Q3 1993:Q2–2009:Q3 1961:Q2–2009:Q3 1961:Q2–2009:Q3 1961:Q2–2009:Q3 1961:Q2–2009:Q2 1961:Q2–2009:Q3 1961:Q2–2009:Q3
–0.132** –0.079*** –0.021 –0.033 –0.116*** –0.076*** –0.256** –0.02 –0.061 0.004 –0.148*** –0.02 –0.054* –0.188*** –0.077***
2.029*** 0.208 2.653*** 0.383*** 0.753*** 0.435 3.474*** 0.960*** 0.793* –0.273 0.868*** 1.081*** 2.199*** 1.343*** 1.695***
0.205** 0.108*** 0.060** 0.054 0.200*** 0.071** 0.510** 0.038 0.076 –0.036 0.266*** 0.045 0.109* 0.385*** 0.154***
1.56 1.37 — — 1.73 0.93 1.99 — — — 1.79 — 2.03 2.05 1.99
Source: Authors' calculations. Note: Ordinary least squares estimation with robust standard errors. — = not available. ***p < 0.01, **p < 0.05, * p < 0.1. The multiplier is not reported when the coefficients used to calculate it are not significant.
1.83 — 3.65 2.42 1.97 1.33 — 2.62 — 3.73 — — 2.68 2.56 2.72
2.06 1.64 2.34 2.16 1.91 2.62 1.75 3.66 — 2.21 1.86 1.84 1.74 — —
107