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Table 8 Eigenvalue stability condition

From: Unemployment dynamics and the Beveridge curve in Greece

Eigenvalue

Modulus

0.8977185 + 0.2552436i

0.933299

0.8977185 − 0.2552436i

0.933299

0.5252072 + 0.2808765i

0.595596

0.5252072 − 0.2808765i

0.595596

−0.5355586

0.535559

−0.3401789

0.340179

−0.051685 + 0.3233111i

0.327416

−0.051685 − 0.3233111i

0.327416

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