From: Financial development during COVID-19 pandemic: the role of coronavirus testing and functional labs
Variance decomposition of LNM2: | |||||||
---|---|---|---|---|---|---|---|
Period | SE | ln(M2) | ln(CASES) | ln(CRITICAL) | ln(DEATHS) | ln(RECOVERED) | ln(TEST) |
September 2020 | 0.730966 | 85.02804 | 1.490629 | 0.408863 | 7.449837 | 3.729274 | 1.893360 |
October 2020 | 0.780594 | 75.68494 | 1.884322 | 2.707693 | 11.23269 | 3.802952 | 4.687405 |
November 2020 | 0.812652 | 70.52407 | 2.732716 | 3.236178 | 12.98988 | 3.865297 | 6.651859 |
December 2020 | 0.847079 | 66.26541 | 3.269542 | 3.490804 | 14.53051 | 4.879474 | 7.564254 |
January 2021 | 0.882484 | 61.77686 | 3.680853 | 3.752984 | 16.50954 | 5.922606 | 8.357161 |
February 2021 | 0.916970 | 58.17375 | 4.034943 | 4.327654 | 17.95710 | 6.035329 | 9.471224 |
March 2021 | 0.947479 | 55.27853 | 4.469051 | 4.687984 | 19.05354 | 6.093993 | 10.41690 |
April 2021 | 0.977078 | 52.69369 | 4.812020 | 4.837623 | 20.09932 | 6.559189 | 10.99816 |
May 2021 | 1.007749 | 50.21954 | 5.057744 | 5.038375 | 21.14500 | 7.031139 | 11.50821 |