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IZA Journal of European Labor Studies

Table 15 Eigenvalue stability condition (structural reforms VAR)

From: Unemployment dynamics and the Beveridge curve in Greece

Eigenvalue

Modulus

0.9293062 + 0.03336861i

0.929905

0.9293062 − 0.03336861i

0.929905

0.6784126

0.678413

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