Table 3. Standard errors of impulse responses on Figure 4.

log8091	log8096	log9206	SQ8091	SQ8096	SQ9206	HP8091	HP8096	HP9206	BK8091	BK8096	BK9206
a	b	c	a	b	c	a	b	c	a	b	c
1	0.0046	-0.0003	-0.0380	0.0021	-0.0001	-0.0330	0.0024	-0.0002	-0.0320	-0.0003	-0.0007	-0.0023
S.E	(0.0019)	(0.0019)	(0.0043)	(0.0022)	(0.0019)	(0.0040)	(0.0021)	(0.0019)	(0.0040)	(0.0002)	(0.0002)	(0.0004)
2	0.0084	0.0006	-0.0421	0.0027	0.0009	-0.0310	0.0045	0.0007	-0.0278	-0.0009	-0.0005	-0.0058
S.E	(0.0033)	(0.0031)	(0.0077)	(0.0036)	(0.0031)	(0.0065)	(0.0035)	(0.0031)	(0.0067)	(0.0007)	(0.0008)	(0.0012)
3	0.0149	0.0055	-0.0486	0.0071	0.0058	-0.0322	0.0097	0.0056	-0.0280	-0.0010	0.0019	-0.0079
S.E	(0.0046)	(0.0045)	(0.0102)	(0.0049)	(0.0045)	(0.0077)	(0.0047)	(0.0045)	(0.0080)	(0.0012)	(0.0016)	(0.0022)
4	0.0128	0.0026	-0.0427	0.0043	0.0030	-0.0229	0.0078	0.0029	-0.0169	-0.0006	0.0056	-0.0073
S.E	(0.0057)	(0.0057)	(0.0126)	(0.0058)	(0.0057)	(0.0088)	(0.0057)	(0.0056)	(0.0092)	(0.0018)	(0.0027)	(0.0029)
5	0.0149	0.0019	-0.0472	0.0048	0.0024	-0.0234	0.0102	0.0028	-0.0148	0.0001	0.0083	-0.0053
S.E	(0.0065)	(0.0062)	(0.0139)	(0.0059)	(0.0062)	(0.0092)	(0.0064)	(0.0064)	(0.0099)	(0.0023)	(0.0038)	(0.0032)
6	0.0131	-0.0019	-0.0424	0.0022	-0.0015	-0.0176	0.0082	-0.0005	-0.0080	0.0003	0.0086	-0.0038
S.E	(0.0072)	(0.0065)	(0.0156)	(0.0061)	(0.0064)	(0.0105)	(0.0069)	(0.0071)	(0.0105)	(0.0027)	(0.0048)	(0.0032)
7	0.0131	-0.0040	-0.0356	0.0010	-0.0039	-0.0138	0.0072	-0.0031	-0.0034	0.0000	0.0069	-0.0029
S.E	(0.0077)	(0.0071)	(0.0169)	(0.0064)	(0.0065)	(0.0121)	(0.0071)	(0.0075)	(0.0109)	(0.0029)	(0.0056)	(0.0028)
8	0.0123	-0.0053	-0.0300	-0.0002	-0.0056	-0.0130	0.0051	-0.0038	-0.0012	-0.0009	0.0048	-0.0020
S.E	(0.0081)	(0.0078)	(0.0180)	(0.0071)	(0.0070)	(0.0131)	(0.0069)	(0.0074)	(0.0106)	(0.0031)	(0.0061)	(0.0027)
9	0.0122	-0.0063	-0.0258	-0.0011	-0.0073	-0.0135	0.0036	-0.0036	-0.0011	-0.0019	0.0033	-0.0014
S.E	(0.0084)	(0.0087)	(0.0189)	(0.0078)	(0.0075)	(0.0142)	(0.0066)	(0.0069)	(0.0103)	(0.0033)	(0.0066)	(0.0031)
10	0.0120	-0.0072	-0.0205	-0.0026	-0.0094	-0.0138	0.0019	-0.0031	-0.0002	-0.0030	0.0023	-0.0021
S.E	(0.0086)	(0.0094)	(0.0197)	(0.0082)	(0.0079)	(0.0148)	(0.0063)	(0.0062)	(0.0097)	(0.0036)	(0.0071)	(0.0035)
11	0.0117	-0.0083	-0.0158	-0.0045	-0.0122	-0.0148	0.0005	-0.0028	-0.0005	-0.0041	0.0012	-0.0042
S.E	(0.0087)	(0.0100)	(0.0204)	(0.0085)	(0.0083)	(0.0152)	(0.0060)	(0.0055)	(0.0090)	(0.0038)	(0.0076)	(0.0038)
12	0.0115	-0.0094	-0.0106	-0.0061	-0.0152	-0.0143	0.0000	-0.0027	0.0006	-0.0051	-0.0003	-0.0062
S.E	(0.0088)	(0.0107)	(0.0208)	(0.0086)	(0.0086)	(0.0156)	(0.0057)	(0.0049)	(0.0083)	(0.0041)	(0.0077)	(0.0041)
13	0.0108	-0.0101	-0.0064	-0.0074	-0.0181	-0.0139	-0.0004	-0.0026	0.0022	-0.0057	-0.0015	-0.0062
S.E	(0.0088)	(0.0112)	(0.0211)	(0.0089)	(0.0090)	(0.0160)	(0.0053)	(0.0043)	(0.0076)	(0.0044)	(0.0074)	(0.0047)
14	0.0110	-0.0104	-0.0043	-0.0081	-0.0205	-0.0139	-0.0001	-0.0026	0.0026	-0.0054	-0.0019	-0.0037
S.E	(0.0088)	(0.0118)	(0.0210)	(0.0090)	(0.0094)	(0.0163)	(0.0048)	(0.0039)	(0.0069)	(0.0048)	(0.0067)	(0.0051)
15	0.0103	-0.0107	-0.0031	-0.0093	-0.0227	-0.0142	-0.0002	-0.0025	0.0024	-0.0043	-0.0017	0.0000
S.E	(0.0088)	(0.0122)	(0.0206)	(0.0091)	(0.0099)	(0.0165)	(0.0044)	(0.0036)	(0.0062)	(0.0052)	(0.0060)	(0.0053)
16	0.0102	-0.0107	-0.0033	-0.0099	-0.0244	-0.0149	0.0002	-0.0019	0.0014	-0.0028	-0.0015	0.0034
S.E	(0.0090)	(0.0126)	(0.0197)	(0.0092)	(0.0103)	(0.0167)	(0.0040)	(0.0034)	(0.0055)	(0.0056)	(0.0054)	(0.0053)

Table 4. Standard errors of impulse responses on Figure 5.

log8091	log8096	log8206	log8706	SQ8091	SQ8096	SQ8206	SQ9706	HP8091	HP8096	HP9206	HP9706	BK8091	BK8096	BK9206
1	0.0045	0.0019	-0.0370	-0.0418	0.0026	0.0004	-0.0302	-0.0403	0.0023	0.0010	-0.0295	-0.0397	0.0001	-0.0006	-0.0021
S.E.	(0.0017)	(0.0017)	(0.0043)	(0.0058)	(0.0021)	(0.0018)	(0.0037)	(0.0056)	(0.0019)	(0.0018)	(0.0037)	(0.0056)	(0.0002)	(0.0002)	(0.0004)
2	0.0055	0.0038	-0.0411	-0.0355	0.0012	0.0008	-0.0302	-0.0343	0.0025	0.0021	-0.0254	-0.0300	0.0004	0.0002	-0.0051
S.E.	(0.0029)	(0.0026)	(0.0077)	(0.0109)	(0.0034)	(0.0029)	(0.0059)	(0.0103)	(0.0031)	(0.0029)	(0.0059)	(0.0106)	(0.0004)	(0.0007)	(0.0012)
3	0.0079	0.0091	-0.0477	-0.0355	0.0025	0.0047	-0.0319	-0.0358	0.0048	0.0073	-0.0228	-0.0291	0.0009	0.0037	-0.0058
S.E.	(0.0041)	(0.0036)	(0.0101)	(0.0137)	(0.0046)	(0.0040)	(0.0071)	(0.0126)	(0.0038)	(0.0039)	(0.0069)	(0.0126)	(0.0009)	(0.0015)	(0.0021)
4	0.0068	0.0075	-0.0425	-0.0232	-0.0004	0.0014	-0.0241	-0.0253	0.0027	0.0053	-0.0105	-0.0133	0.0015	0.0090	-0.0032
S.E.	(0.0054)	(0.0046)	(0.0127)	(0.0149)	(0.0059)	(0.0052)	(0.0086)	(0.0140)	(0.0046)	(0.0048)	(0.0075)	(0.0134)	(0.0016)	(0.0025)	(0.0027)
5	0.0102	0.0066	-0.0456	-0.0211	-0.0011	-0.0017	-0.0247	-0.0238	0.0059	0.0038	-0.0077	-0.0103	0.0018	0.0132	0.0006
S.E.	(0.0066)	(0.0051)	(0.0143)	(0.0150)	(0.0070)	(0.0068)	(0.0100)	(0.0147)	(0.0054)	(0.0065)	(0.0077)	(0.0133)	(0.0026)	(0.0037)	(0.0028)
6	0.0109	0.0043	-0.0393	-0.0051	-0.0032	-0.0067	-0.0194	-0.0070	0.0064	0.0011	-0.0006	0.0024	0.0017	0.0144	0.0029
S.E.	(0.0077)	(0.0059)	(0.0161)	(0.0162)	(0.0083)	(0.0066)	(0.0116)	(0.0164)	(0.0061)	(0.0060)	(0.0077)	(0.0129)	(0.0038)	(0.0048)	(0.0026)
7	0.0122	0.0038	-0.0311	0.0050	-0.0038	-0.0096	-0.0156	0.0023	0.0068	0.0000	0.0043	0.0094	0.0014	0.0122	0.0034
S.E.	(0.0085)	(0.0067)	(0.0173)	(0.0171)	(0.0097)	(0.0075)	(0.0131)	(0.0180)	(0.0065)	(0.0064)	(0.0080)	(0.0131)	(0.0048)	(0.0057)	(0.0023)
8	0.0122	0.0041	-0.0251	0.0076	-0.0056	-0.0112	-0.0138	0.0037	0.0058	0.0007	0.0053	0.0109	0.0013	0.0079	0.0031
S.E.	(0.0090)	(0.0076)	(0.0180)	(0.0175)	(0.0109)	(0.0086)	(0.0141)	(0.0192)	(0.0065)	(0.0063)	(0.0080)	(0.0132)	(0.0056)	(0.0063)	(0.0022)
9	0.0133	0.0042	-0.0213	-0.0018	-0.0067	-0.0127	-0.0157	-0.0077	0.0049	0.0019	0.0022	0.0019	0.0012	0.0025	0.0021
S.E.	(0.0094)	(0.0085)	(0.0185)	(0.0183)	(0.0120)	(0.0096)	(0.0148)	(0.0210)	(0.0062)	(0.0069)	(0.0081)	(0.0140)	(0.0062)	(0.0068)	(0.0023)
10	0.0141	0.0033	-0.0157	-0.0060	-0.0081	-0.0147	-0.0158	-0.0119	0.0088	0.0028	0.0001	0.0013	0.0004	-0.0031	-0.0002
S.E.	(0.0095)	(0.0092)	(0.0190)	(0.0189)	(0.0128)	(0.0103)	(0.0151)	(0.0225)	(0.0059)	(0.0053)	(0.0081)	(0.0141)	(0.0066)	(0.0076)	(0.0023)
11	0.0144	0.0022	-0.0124	-0.0152	-0.0087	-0.0173	-0.0175	-0.0211	0.0030	0.0031	-0.0036	-0.0054	-0.0012	-0.0082	-0.0036
S.E.	(0.0094)	(0.0100)	(0.0192)	(0.0189)	(0.0135)	(0.0110)	(0.0152)	(0.0229)	(0.0053)	(0.0048)	(0.0081)	(0.0132)	(0.0068)	(0.0090)	(0.0021)
12	0.0148	0.0009	-0.0084	-0.0189	-0.0089	-0.0198	-0.0172	-0.0253	0.0023	0.0026	-0.0052	-0.0064	-0.0027	-0.0116	-0.0069
S.E.	(0.0093)	(0.0107)	(0.0193)	(0.0187)	(0.0141)	(0.0116)	(0.0153)	(0.0234)	(0.0047)	(0.0043)	(0.0080)	(0.0119)	(0.0065)	(0.0103)	(0.0020)
13	0.0136	-0.0004	-0.0078	-0.0213	-0.0093	-0.0218	-0.0164	-0.0289	0.0014	0.0016	-0.0057	-0.0044	-0.0031	-0.0117	-0.0083
S.E.	(0.0092)	(0.0113)	(0.0193)	(0.0183)	(0.0144)	(0.0123)	(0.0153)	(0.0243)	(0.0042)	(0.0039)	(0.0079)	(0.0113)	(0.0058)	(0.0109)	(0.0025)
14	0.0132	-0.0013	-0.0077	-0.0216	-0.0091	-0.0230	-0.0146	-0.0298	0.0014	0.0009	-0.0058	-0.0054	-0.0021	-0.0080	-0.0074
S.E.	(0.0089)	(0.0119)	(0.0191)	(0.0183)	(0.0144)	(0.0129)	(0.0153)	(0.0255)	(0.0039)	(0.0039)	(0.0077)	(0.0107)	(0.0052)	(0.0107)	(0.0032)
15	0.0118	-0.0023	-0.0079	-0.0182	-0.0094	-0.0240	-0.0120	-0.0266	0.0011	0.0002	-0.0052	-0.0011	-0.0004	-0.0017	-0.0048
S.E.	(0.0087)	(0.0123)	(0.0186)	(0.0186)	(0.0144)	(0.0134)	(0.0152)	(0.0269)	(0.0039)	(0.0034)	(0.0074)	(0.0106)	(0.0065)	(0.0104)	(0.0039)
16	0.0107	-0.0032	-0.0082	-0.0151	-0.0094	-0.0248	-0.0089	-0.0234	0.0011	-0.0002	-0.0044	0.0011	0.0012	0.0045	-0.0017
S.E.	(0.0086)	(0.0