{\rtf1\par

\qc
Model 5: OLS, using observations 1960:02-1973:03 (T = 158)\par
Dependent variable: cons\par
\par
{\trowd \trqc \trgaph30\trleft-30\trrh262\cellx1900\cellx3300\cellx4700\cellx6100\
cellx7500\cellx8000
\intbl \qc {\i }\cell \qc {\i Coefficient}\cell \qc {\i Std. Error}\cell \qc {\i
t-ratio}\cell \qc {\i p-value}\cell \ql \cell \intbl \row
\trowd \trqc \trgaph30\trleft-30\trrh262\cellx1900\cellx3300\cellx4700\cellx6100\
cellx7500\cellx8000
\intbl\ql const\cell \qc \u8722?26.0818\cell \qc 14.9170\cell \qc \u8722?1.748\cell
\qc 0.0824\cell \ql *\cell \intbl \row
\trowd \trqc \trgaph30\trleft-30\trrh262\cellx1900\cellx3300\cellx4700\cellx6100\
cellx7500\cellx8000
\intbl\ql inc\cell \qc 0.507463\cell \qc 0.0278754\cell \qc 18.20\cell \qc <0.0001\
cell \ql ***\cell \intbl \row
\trowd \trqc \trgaph30\trleft-30\trrh262\cellx1900\cellx3300\cellx4700\cellx6100\
cellx7500\cellx8000
\intbl\ql inc_1\cell \qc \u8722?0.295968\cell \qc 0.0341347\cell \qc \u8722?8.671\
cell \qc <0.0001\cell \ql ***\cell \intbl \row
\trowd \trqc \trgaph30\trleft-30\trrh262\cellx1900\cellx3300\cellx4700\cellx6100\
cellx7500\cellx8000
\intbl\ql wpi\cell \qc \u8722?1.00622\cell \qc 0.0885392\cell \qc \u8722?11.36\cell
\qc <0.0001\cell \ql ***\cell \intbl \row
\trowd \trqc \trgaph30\trleft-30\trrh262\cellx1900\cellx3300\cellx4700\cellx6100\
cellx7500\cellx8000
\intbl\ql wpi_1\cell \qc 1.00737\cell \qc 0.0891554\cell \qc 11.30\cell \qc
<0.0001\cell \ql ***\cell \intbl \row
\trowd \trqc \trgaph30\trleft-30\trrh262\cellx1900\cellx3300\cellx4700\cellx6100\
cellx7500\cellx8000
\intbl\ql cons_1\cell \qc 0.816115\cell \qc 0.0269375\cell \qc 30.30\cell \qc
<0.0001\cell \ql ***\cell \intbl \row
}

\par
{\trowd \trqc \trgaph30\trleft-30\trrh262\cellx2500\cellx3800\cellx4200\cellx6700\
cellx8000
\intbl\ql Mean dependent var\cell\qr 875.8481\cell \qc \cell\ql S.D. dependent
var\cell\qr 13.53257\cell\intbl\row
\trowd \trqc \trgaph30\trleft-30\trrh262\cellx2500\cellx3800\cellx4200\cellx6700\
cellx8000
\intbl\ql Sum squared resid\cell\qr 178.2169\cell \qc \cell\ql S.E. of regression\
cell\qr 1.082811\cell\intbl\row
\trowd \trqc \trgaph30\trleft-30\trrh262\cellx2500\cellx3800\cellx4200\cellx6700\
cellx8000
\intbl\ql R-squared\cell\qr 0.993801\cell \qc \cell\ql Adjusted R-squared\cell\qr
0.993598\cell\intbl\row
\trowd \trqc \trgaph30\trleft-30\trrh262\cellx2500\cellx3800\cellx4200\cellx6700\
cellx8000
\intbl\ql F(5, 152)\cell\qr 4873.988\cell \qc \cell\ql P-value(F)\cell\qr 8.3e-
166\cell\intbl\row
\trowd \trqc \trgaph30\trleft-30\trrh262\cellx2500\cellx3800\cellx4200\cellx6700\
cellx8000
\intbl\ql Log-likelihood\cell\qr \u8722?233.7044\cell \qc \cell\ql Akaike
criterion\cell\qr 479.4088\cell\intbl\row
\trowd \trqc \trgaph30\trleft-30\trrh262\cellx2500\cellx3800\cellx4200\cellx6700\
cellx8000
\intbl\ql Schwarz criterion\cell\qr 497.7844\cell \qc \cell\ql Hannan-Quinn\cell\
qr 486.8713\cell\intbl\row
\trowd \trqc \trgaph30\trleft-30\trrh262\cellx2500\cellx3800\cellx4200\cellx6700\
cellx8000
\intbl\ql rho\cell\qr 0.016430\cell \qc \cell\ql Durbin's h\cell\qr 0.219481\
cell\intbl\row
}