| Pre-crises period | Post-crises period | |||||
---|---|---|---|---|---|---|---|
Trace Statistics | Maximum Eigen stat. | Trace Statistics | Maximum Eigen stat. | ||||
r ≤ = 0 | 21.72141a | r = 0 | 21.58154a | r ≤ = 0 | 7.625439 | r = 0 | 7.398024 |
r ≤ = 1 | 0.139866 | r = 1 | 0.139866 | r ≤ = 1 | 0.227415 | r = 1 | 0.227415 |