ANNEXE 7 : TEST DE STABILITE
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Roots of Characteristic Polynomial
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Endogenous variables: VRC VSBC VTCH TCR TINF
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Exogenous variables: C
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Lag specification: 1 4
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Date: 08/02/21 Time: 16:41
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Root
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Modulus
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0.726084 - 0.525749i
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0.896443
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0.726084 + 0.525749i
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0.896443
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0.085809 + 0.860742i
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0.865008
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0.085809 - 0.860742i
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0.865008
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-0.718422 - 0.481103i
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0.864634
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-0.718422 + 0.481103i
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0.864634
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-0.820076
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0.820076
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0.760249 - 0.262523i
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0.804299
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0.760249 + 0.262523i
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0.804299
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0.753475
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0.753475
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0.471301 + 0.581031i
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0.748145
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0.471301 - 0.581031i
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0.748145
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-0.667654 - 0.299460i
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0.731736
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-0.667654 + 0.299460i
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0.731736
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-0.339146 - 0.631854i
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0.717119
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-0.339146 + 0.631854i
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0.717119
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-0.134316 + 0.683020i
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0.696102
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-0.134316 - 0.683020i
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0.696102
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-0.104738 + 0.609602i
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0.618535
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-0.104738 - 0.609602i
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0.618535
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No root lies outside the unit circle.
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VAR satisfies the stability condition.
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ANNEXE 8 : SERIES
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obs
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TCR
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TINF
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VRC
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VTCH
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VSBC
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1988
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0,0060
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1,215
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0,03476
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0,43459
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20,54822
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1989
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-0,0136
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0,958
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0,01728
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1,43446
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-0,47267
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1990
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-0,0657
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2,332
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0,15197
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2,75999
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0,33237
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1991
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-0,0748
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36,449
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-0,16534
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2,70961
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-0,41660
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1992
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-0,1048
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29,896
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-0,14285
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287,03670
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-0,10086
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1993
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-0,1351
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46,517
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-0,70523
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19,62911
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0,61777
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1994
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-0,0387
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97,969
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1,61234
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259,59745
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0,17701
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1995
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0,0069
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3,703
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0,21468
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3,68601
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0,02635
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1996
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-0,0110
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6,980
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-0,43724
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6,21368
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0,31284
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1997
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-0,0541
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0,137
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-0,36655
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-0,01644
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-0,56104
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1998
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-0,0174
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1,348
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-0,59740
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1,24956
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-0,09166
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1999
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-0,0426
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1,348
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2,16302
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0,83673
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-0,25148
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2000
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-0,0689
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5,112
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-0,22735
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10,11111
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-0,32387
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2001
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-0,0212
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1,351
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-0,57721
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5,40159
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-0,28580
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2002
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0,0347
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0,158
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2,43422
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0,17907
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-0,40709
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2003
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0,0580
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0,044
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0,30927
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-0,02127
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-2,70408
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2004
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0,0660
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0,090
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1,20358
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0,19275
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0,14799
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2005
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0,0630
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0,215
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-0,40761
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-0,00792
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1,14382
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2006
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0,0530
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0,182
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0,27116
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0,19258
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-0,35071
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2007
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0,0630
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0,099
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0,13465
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-0,03969
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-5,76820
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2008
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0,0620
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0,276
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-0,57319
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0,21071
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-0,83833
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2009
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0,0290
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0,534
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11,76639
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0,49254
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-5,01389
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2010
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0,0710
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0,098
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0,29328
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0,00801
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-1,75329
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2011
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0,0690
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0,154
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-0,01935
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-0,01498
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0,27768
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2012
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0,0710
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0,027
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0,28495
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0,01872
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-0,88118
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2013
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0,0850
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0,011
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0,06694
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0,01279
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11,17095
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2014
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0,0950
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0,010
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-0,05643
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-0,00160
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-1,47868
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2015
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0,0690
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0,009
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-0,14685
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0,00234
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-0,24747
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2016
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0,0240
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0,236
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-0,39766
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0,29442
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-0,09144
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2017
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0,0280
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0,466
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-0,03365
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0,32646
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-1,79073
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2018
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0,0410
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0,072
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0,07651
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0,02728
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3,77522
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2019
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0,0440
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0,040
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-0,06913
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0,05500
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-0,59807
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2020
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0,0170
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0,155
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-0,13412
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0,17092
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3,70095
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