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Table 12 Eigenvalue stability condition (unemployment persistence SVAR)

From: Unemployment dynamics and the Beveridge curve in Greece

Eigenvalue

Modulus

0.8900651 + 0.1704689i

0.906243

0.8900651 − 0.1704689i

0.906243

0.7216574

0.721657

  1. All the eigenvalues lie inside the unit circle. VAR satisfies stability conditions