*** Sat, 3 Sep 2016 22:31:19 ***
VAR ESTIMATION RESULTS
endogenous variables:     realcons realgdp realinv 
exogenous variables:       
deterministic variables:  CONST TREND 
endogenous lags:          4 
exogenous lags:           0 
sample range:             [1960 Q1, 2009 Q3], T = 199

modulus of the eigenvalues of the reverse characteristic polynomial :
|z| = ( 1.5310     1.5310     2.0836     2.0836     4.4365     4.4365     1.5170     1.5170     1.0625     1.0625     1.2673     1.0127     )
Legend:
=======
              Equation 1   Equation 2  ...
------------------------------------------
Variable 1 | Coefficient          ...
           | (Std. Dev.)
           | {p - Value}
           | [t - Value]
Variable 2 |         ...
...
------------------------------------------


Lagged endogenous term:
=======================
              realcons   realgdp   realinv  
-------------------------------------------
realcons(t-1)|    1.389     1.254     0.939  
             |   (0.113)   (0.193)   (0.139) 
             |   {0.000}   {0.000}   {0.000} 
             |  [12.311]   [6.508]   [6.746] 
realgdp (t-1)|   -0.241     0.563    -0.153  
             |   (0.089)   (0.152)   (0.110) 
             |   {0.007}   {0.000}   {0.164} 
             |  [-2.710]   [3.708]  [-1.393] 
realinv (t-1)|    0.286     0.326     1.158  
             |   (0.104)   (0.178)   (0.128) 
             |   {0.006}   {0.066}   {0.000} 
             |   [2.754]   [1.835]   [9.035] 
realcons(t-2)|   -0.066    -0.612    -0.614  
             |   (0.189)   (0.322)   (0.233) 
             |   {0.725}   {0.058}   {0.008} 
             |  [-0.352]  [-1.899]  [-2.640] 
realgdp (t-2)|    0.011     0.338     0.181  
             |   (0.127)   (0.217)   (0.156) 
             |   {0.929}   {0.119}   {0.247} 
             |   [0.090]   [1.558]   [1.158] 
realinv (t-2)|   -0.103    -0.419    -0.313  
             |   (0.163)   (0.278)   (0.201) 
             |   {0.525}   {0.132}   {0.120} 
             |  [-0.635]  [-1.505]  [-1.557] 
realcons(t-3)|    0.101    -0.115    -0.146  
             |   (0.193)   (0.329)   (0.238) 
             |   {0.602}   {0.728}   {0.540} 
             |   [0.522]  [-0.348]  [-0.613] 
realgdp (t-3)|    0.009    -0.168    -0.207  
             |   (0.126)   (0.215)   (0.155) 
             |   {0.941}   {0.434}   {0.182} 
             |   [0.074]  [-0.783]  [-1.334] 
realinv (t-3)|   -0.069     0.113     0.242  
             |   (0.160)   (0.273)   (0.197) 
             |   {0.668}   {0.679}   {0.221} 
             |  [-0.429]   [0.414]   [1.223] 
realcons(t-4)|   -0.420    -0.410    -0.124  
             |   (0.130)   (0.223)   (0.161) 
             |   {0.001}   {0.066}   {0.440} 
             |  [-3.223]  [-1.841]  [-0.772] 
realgdp (t-4)|    0.210     0.186     0.157  
             |   (0.093)   (0.159)   (0.115) 
             |   {0.024}   {0.242}   {0.169} 
             |   [2.259]   [1.170]   [1.374] 
realinv (t-4)|   -0.095    -0.095    -0.201  
             |   (0.111)   (0.189)   (0.137) 
             |   {0.391}   {0.614}   {0.141} 
             |  [-0.859]  [-0.505]  [-1.473] 
-------------------------------------------


Deterministic term:
===================
          realcons   realgdp   realinv  
---------------------------------------
CONST   |   28.164    50.455   -14.771  
        |  (24.747)  (42.269)  (30.527) 
        |   {0.255}   {0.233}   {0.628} 
        |   [1.138]   [1.194]  [-0.484] 
TREND(t)|    0.394     0.520    -0.114  
        |   (0.352)   (0.601)   (0.434) 
        |   {0.263}   {0.387}   {0.792} 
        |   [1.118]   [0.865]  [-0.263] 
---------------------------------------

