----------------------------------------------------------------------------------------------------
      name:  <unnamed>
       log:  C:\Users\Stan\Documents\Stata\Foreclosures\Paper/v5/Robustness/ForeclosurePriceNexus_Ro
> bustnessLog_Pre2007_Appendix.v5.txt
  log type:  text
 opened on:   8 May 2011, 18:38:39

. pvar dlemp dlsales dlperm dlhpi lfor if state ~= 52 , lag(12) irf(24) gmm monte list_imp "decomp 2
> 4"

Current memory allocation

                    current                                 memory usage
    settable          value     description                 (1M = 1024k)
    --------------------------------------------------------------------
    set maxvar         5000     max. variables allowed           1.947M
    set memory         1000M    max. data space              1,000.000M
    set matsize         800     max. RHS vars in models          4.950M
                                                            -----------
                                                             1,006.897M
(109 observations deleted)

Variable names in order: dlemp dlsales dlperm dlhpi lfor
GMM started : 18:38:39  
accumulating matrices equation 1,2,3,4,5,calculating b2sls
calculating big ZuuZ matrix
finished accumulating ZuuZ
_______ Results of the Estimation by system GMM_________
number of observations used : 3989
------------------------------------------------------------------------------
EQ1: dep.var     : h_dlemp

                    b_GMM      se_GMM       t_GMM
    L.h_dlemp   .31718716   .05145178   6.1647463
  L.h_dlsales  -.00126342   .00125427  -1.0072965
   L.h_dlperm   .00347371   .00068278   5.0875825
    L.h_dlhpi   .00010273   .01056633   .00972216
     L.h_lfor  -.00216586   .00073766  -2.9361124
   L2.h_dlemp   .17124854   .03723006   4.5997388
 L2.h_dlsales  -.00161063   .00144529  -1.1143979
  L2.h_dlperm    .0033678   .00085807   3.9248713
   L2.h_dlhpi  -.01724309   .00896668  -1.9230189
    L2.h_lfor  -.00065415   .00066435  -.98464872
   L3.h_dlemp   .09433872   .02529246   3.7299147
 L3.h_dlsales  -.00282707   .00139899  -2.0207849
  L3.h_dlperm   .00313466   .00089271   3.5114168
   L3.h_dlhpi   .00524441   .00810913   .64672981
    L3.h_lfor   .00021362   .00057439   .37190878
   L4.h_dlemp  -.14651556   .02851566  -5.1380728
 L4.h_dlsales  -.00159079   .00141757  -1.1221895
  L4.h_dlperm   .00202674   .00085109    2.381347
   L4.h_dlhpi  -.01010648   .00763067  -1.3244554
    L4.h_lfor  -.00086241   .00063276  -1.3629251
   L5.h_dlemp   .09592016   .02021357   4.7453356
 L5.h_dlsales  -.00059249   .00125013  -.47394749
  L5.h_dlperm   .00259974   .00084779   3.0664867
   L5.h_dlhpi   -.0230372   .00786849    -2.92778
    L5.h_lfor   .00051831   .00066992    .7736852
   L6.h_dlemp   .03004596   .02346854   1.2802653
 L6.h_dlsales   .00015934   .00118392   .13458769
  L6.h_dlperm   .00232537   .00089212    2.606555
   L6.h_dlhpi  -.01573642   .00787933  -1.9971777
    L6.h_lfor  -.00079195    .0006732  -1.1763925
   L7.h_dlemp  -.00323345    .0194669  -.16610004
 L7.h_dlsales   .00168761   .00101617   1.6607497
  L7.h_dlperm   .00117072   .00082564   1.4179586
   L7.h_dlhpi   .00181432   .00786994   .23053823
    L7.h_lfor  -.00087758   .00068805  -1.2754595
   L8.h_dlemp  -.16611306   .02075285  -8.0043508
 L8.h_dlsales   .00108442   .00099488   1.0900007
  L8.h_dlperm    .0009769   .00084241   1.1596468
   L8.h_dlhpi  -.00851724   .00759762   -1.121041
    L8.h_lfor   .00048276   .00073235   .65919538
   L9.h_dlemp   .06454594   .02051621   3.1460944
 L9.h_dlsales   -.0006607   .00091986  -.71825587
  L9.h_dlperm   .00205068   .00083655    2.451358
   L9.h_dlhpi  -.01009361   .00811567  -1.2437186
    L9.h_lfor   .00003697   .00067523   .05474978
  L10.h_dlemp   .01825907   .01947772   .93743389
L10.h_dlsales  -.00221818   .00079083  -2.8048811
 L10.h_dlperm   .00129666   .00085674   1.5134724
  L10.h_dlhpi  -.01615343   .00800258  -2.0185274
   L10.h_lfor   .00085463   .00077071   1.1088776
  L11.h_dlemp   .00751203   .01935973   .38802333
L11.h_dlsales  -.00127227   .00076381  -1.6656874
 L11.h_dlperm   .00119752   .00090802   1.3188286
  L11.h_dlhpi  -.03493904   .00924542  -3.7790656
   L11.h_lfor   .00049332   .00079379   .62147305
  L12.h_dlemp   -.0872448   .01961963  -4.4468119
L12.h_dlsales  -.00118522    .0007881  -1.5038887
 L12.h_dlperm    .0006763   .00078605   .86037112
  L12.h_dlhpi  -.02976704   .01035491  -2.8746779
   L12.h_lfor   .00044035    .0005772   .76291095
------------------------------------------------------------------------------
------------------------------------------------------------------------------
EQ2: dep.var     : h_dlsales

                    b_GMM      se_GMM       t_GMM
    L.h_dlemp  -.27450191   .70175153  -.39116681
  L.h_dlsales  -.26728848   .03290689  -8.1225677
   L.h_dlperm   .04292604   .01376347   3.1188392
    L.h_dlhpi   1.5305568   .22751865   6.7271707
     L.h_lfor   .00526497   .01551258   .33939973
   L2.h_dlemp   .86078524   .52928723   1.6263102
 L2.h_dlsales  -.12889808   .03209854  -4.0156996
  L2.h_dlperm   .02184986   .01386999   1.5753332
   L2.h_dlhpi   .22426247   .20602504   1.0885205
    L2.h_lfor   .03348562   .01421122   2.3562804
   L3.h_dlemp     -.98144   .47505191  -2.0659637
 L3.h_dlsales  -.07267529    .0335454  -2.1664753
  L3.h_dlperm   .03351257   .01345224   2.4912262
   L3.h_dlhpi  -.37923383   .18970042  -1.9991196
    L3.h_lfor  -.01559739   .01453046  -1.0734266
   L4.h_dlemp   .17926748   .42900794   .41786518
 L4.h_dlsales   .02909284    .0323996   .89793832
  L4.h_dlperm  -.01289896   .01592447  -.81000904
   L4.h_dlhpi  -.35379134   .19116012  -1.8507591
    L4.h_lfor   .00707124   .01474769    .4794815
   L5.h_dlemp   .03598953   .48872502   .07363963
 L5.h_dlsales   .01101508   .02763522   .39858852
  L5.h_dlperm   .00731827   .01577972    .4637768
   L5.h_dlhpi  -.35798059   .19409558  -1.8443521
    L5.h_lfor  -.01009021   .01512372  -.66717756
   L6.h_dlemp  -.23785336   .45797793  -.51935552
 L6.h_dlsales   .07056105   .02687252   2.6257697
  L6.h_dlperm   .00769241   .01626587   .47291707
   L6.h_dlhpi   .00729662   .18837235   .03873507
    L6.h_lfor   -.0020383   .01687502  -.12078799
   L7.h_dlemp  -.51826889   .43277472  -1.1975489
 L7.h_dlsales   .01918903   .02580156   .74371597
  L7.h_dlperm   .01408106   .01751769   .80381965
   L7.h_dlhpi   .59974952   .19552496   3.0673808
    L7.h_lfor   -.0178353   .01688072  -1.0565489
   L8.h_dlemp  -.16505919   .44777904  -.36861749
 L8.h_dlsales  -.01879325   .02372994   -.7919638
  L8.h_dlperm    .0154553   .01549143   .99766722
   L8.h_dlhpi  -.60424973   .20381789  -2.9646551
    L8.h_lfor   .02280084   .01828703   1.2468314
   L9.h_dlemp   .50262376   .45017027   1.1165192
 L9.h_dlsales  -.01836873   .02144701  -.85647029
  L9.h_dlperm   .04138413   .01685753   2.4549348
   L9.h_dlhpi   .01502224   .18968035   .07919766
    L9.h_lfor  -.00268082   .01495822   -.1792204
  L10.h_dlemp  -.93317741   .43460422   -2.147189
L10.h_dlsales   .03636457   .01816163    2.002275
 L10.h_dlperm   .01203484   .01573874   .76466355
  L10.h_dlhpi   .17709408   .20088341   .88157641
   L10.h_lfor   .01105084   .01523302   .72545295
  L11.h_dlemp   .06274362    .3942255   .15915668
L11.h_dlsales   .00502118    .0176116   .28510647
 L11.h_dlperm  -.00098701   .01620457   -.0609096
  L11.h_dlhpi  -.09151529   .22027263  -.41546372
   L11.h_lfor  -.00117482   .01382604  -.08497169
  L12.h_dlemp   .66718592   .43904703   1.5196229
L12.h_dlsales   .01525215   .01779765   .85697576
 L12.h_dlperm  -.01400771   .01510354  -.92744529
  L12.h_dlhpi   .02119019   .24105622    .0879056
   L12.h_lfor   -.0171196   .01223299  -1.3994617
------------------------------------------------------------------------------
------------------------------------------------------------------------------
EQ3: dep.var     : h_dlperm

                    b_GMM      se_GMM       t_GMM
    L.h_dlemp  -.39450406   1.7971406  -.21951764
  L.h_dlsales   .18103316   .07711217     2.34766
   L.h_dlperm  -.38347261   .05136744  -7.4652861
    L.h_dlhpi   1.9492234    .7347826   2.6527892
     L.h_lfor   .01799638   .03629601   .49582245
   L2.h_dlemp    2.485196   1.2947518   1.9194382
 L2.h_dlsales   .11030025   .09369902   1.1771762
  L2.h_dlperm  -.21674095   .06077756  -3.5661342
   L2.h_dlhpi   .42215098   .74625349   .56569381
    L2.h_lfor   .01808359   .02079925   .86943441
   L3.h_dlemp  -2.5132522   1.3090204  -1.9199489
 L3.h_dlsales   .09418225   .09700965   .97085448
  L3.h_dlperm    .0056501   .10862276   .05201585
   L3.h_dlhpi  -.49706182   .35913698  -1.3840452
    L3.h_lfor  -.01159539   .01714527  -.67630271
   L4.h_dlemp  -2.6999844   1.3108949  -2.0596497
 L4.h_dlsales   .03254369   .09038236   .36006679
  L4.h_dlperm  -.07886293   .09960022   -.7917947
   L4.h_dlhpi   -.0255266   .69288609  -.03684098
    L4.h_lfor   .01395342   .01745262   .79950285
   L5.h_dlemp   .15363984   .92462495    .1661645
 L5.h_dlsales   .02083862   .07491073   .27817941
  L5.h_dlperm   .11791543   .06665255    1.769106
   L5.h_dlhpi  -1.0038486   .53580355  -1.8735385
    L5.h_lfor    .0141901   .01811413    .7833718
   L6.h_dlemp   1.5759589   1.0258514   1.5362448
 L6.h_dlsales   .03703885   .06472785   .57222438
  L6.h_dlperm   .12520428   .08392832   1.4918001
   L6.h_dlhpi  -.35396441    .4326671  -.81809874
    L6.h_lfor  -.01883779   .01989581  -.94682197
   L7.h_dlemp   .64376743    1.066234   .60377685
 L7.h_dlsales   .05589553   .06118855   .91349656
  L7.h_dlperm   .00725035   .07058437   .10271889
   L7.h_dlhpi   .13348722   .43072908   .30990993
    L7.h_lfor  -.01297784   .01941555  -.66842514
   L8.h_dlemp  -.22783879   .81826364  -.27844179
 L8.h_dlsales    .0028599   .04460337   .06411839
  L8.h_dlperm  -.02389034   .07939054  -.30092169
   L8.h_dlhpi   -.1537696   .34821542  -.44159332
    L8.h_lfor    .0406649   .01727074    2.354555
   L9.h_dlemp     -.21736   .94496796  -.23001838
 L9.h_dlsales   -.0992117   .04685861  -2.1172564
  L9.h_dlperm   .11692827   .08764532   1.3341074
   L9.h_dlhpi  -.35496095   .42142046  -.84229643
    L9.h_lfor   .00215866   .01638052   .13178191
  L10.h_dlemp   .20692262   .73085478   .28312412
L10.h_dlsales  -.09968348   .04739613  -2.1031985
 L10.h_dlperm   .15655312   .08019286   1.9522076
  L10.h_dlhpi  -.18178238   .52564008  -.34583052
   L10.h_lfor  -.03739245   .01682848   -2.221974
  L11.h_dlemp    .0506249   .75210484   .06731097
L11.h_dlsales  -.13737936   .03761667   -3.652087
 L11.h_dlperm    .1707336   .07479207   2.2827766
  L11.h_dlhpi   -.3675278   .50248378  -.73142222
   L11.h_lfor  -.01538198   .01722968  -.89276036
  L12.h_dlemp   .85160927   .88791211   .95911437
L12.h_dlsales  -.10826444   .03040611  -3.5606147
 L12.h_dlperm   .13330406   .08454897    1.576649
  L12.h_dlhpi   .01519626   .59343603   .02560725
   L12.h_lfor    .0078808   .02500979    .3151086
------------------------------------------------------------------------------
------------------------------------------------------------------------------
EQ4: dep.var     : h_dlhpi

                    b_GMM      se_GMM       t_GMM
    L.h_dlemp  -.16357337   .08597299  -1.9026136
  L.h_dlsales   -.0074359   .00354536    -2.09736
   L.h_dlperm   .00485831   .00173547   2.7994285
    L.h_dlhpi   .25854466   .03652576   7.0784194
     L.h_lfor  -.00798617   .00199438  -4.0043276
   L2.h_dlemp  -.09391874   .06570943   -1.429304
 L2.h_dlsales  -.00683887   .00399922  -1.7100498
  L2.h_dlperm   .00540614    .0022506   2.4020954
   L2.h_dlhpi   .16487658   .02792671   5.9039024
    L2.h_lfor   .00124959   .00203259   .61477973
   L3.h_dlemp  -.11692325   .05366685  -2.1786865
 L3.h_dlsales   -.0079581   .00388839  -2.0466324
  L3.h_dlperm   .00391223   .00212559   1.8405365
   L3.h_dlhpi   .22929659   .02589155    8.856038
    L3.h_lfor  -.00025839   .00185992  -.13892792
   L4.h_dlemp  -.05035216   .05366838  -.93820909
 L4.h_dlsales  -.01069719   .00395356  -2.7057105
  L4.h_dlperm   .00481006    .0025455    1.889635
   L4.h_dlhpi     .027401   .02486968   1.1017831
    L4.h_lfor  -.00101341   .00172342  -.58802132
   L5.h_dlemp   -.0648707   .05237653  -1.2385453
 L5.h_dlsales  -.00196853   .00362482  -.54306995
  L5.h_dlperm   .00775612   .00221502   3.5016058
   L5.h_dlhpi  -.04183678    .0236901  -1.7660027
    L5.h_lfor  -.00162771   .00190402  -.85488328
   L6.h_dlemp  -.09701091   .05507344  -1.7614825
 L6.h_dlsales  -.00003346   .00325117  -.01029066
  L6.h_dlperm    .0081479   .00248264   3.2819477
   L6.h_dlhpi  -.03471043   .02302785  -1.5073243
    L6.h_lfor   .00092561   .00158507   .58395425
   L7.h_dlemp   .01542905   .05191333   .29720794
 L7.h_dlsales    .0033012   .00278083   1.1871268
  L7.h_dlperm   .00554987   .00245001   2.2652398
   L7.h_dlhpi  -.03250897   .02387031  -1.3618999
    L7.h_lfor  -.00088163   .00159227  -.55369386
   L8.h_dlemp  -.15209859   .05350639   -2.842625
 L8.h_dlsales  -.00654749   .00254209  -2.5756375
  L8.h_dlperm   .00501329   .00245696   2.0404488
   L8.h_dlhpi   .04234187   .02361518   1.7929938
    L8.h_lfor  -.00066333   .00141228  -.46968945
   L9.h_dlemp  -.01106557   .05615199   -.1970647
 L9.h_dlsales  -.00260107    .0024656   -1.054947
  L9.h_dlperm   .00466881   .00253263   1.8434666
   L9.h_dlhpi   .01907398   .02350189   .81159359
    L9.h_lfor   .00272205   .00161007   1.6906429
  L10.h_dlemp  -.10599108    .0551823   -1.920744
L10.h_dlsales   .00058411   .00236596   .24688031
 L10.h_dlperm   .00826051   .00262883   3.1422786
  L10.h_dlhpi    -.097787   .02632405  -3.7147399
   L10.h_lfor   .00100909   .00152217   .66292454
  L11.h_dlemp  -.06519191   .05525222  -1.1798967
L11.h_dlsales  -.00107677   .00222141  -.48472527
 L11.h_dlperm    .0043095   .00249028   1.7305276
  L11.h_dlhpi  -.10214748   .02763887   -3.695791
   L11.h_lfor    .0018025   .00163929   1.0995585
  L12.h_dlemp    -.022967   .05525357  -.41566544
L12.h_dlsales   .00116442   .00206474   .56395491
 L12.h_dlperm   .00455492   .00228029   1.9975154
  L12.h_dlhpi  -.03136649   .02984702  -1.0509085
   L12.h_lfor   .00076534   .00156871   .48788021
------------------------------------------------------------------------------
------------------------------------------------------------------------------
EQ5: dep.var     : h_lfor

                    b_GMM      se_GMM       t_GMM
    L.h_dlemp  -1.7337497   1.0889399  -1.5921445
  L.h_dlsales  -.03886303   .04654563  -.83494481
   L.h_dlperm  -.03657772   .01738236   -2.104301
    L.h_dlhpi  -1.4558515   .39070113  -3.7262535
     L.h_lfor   .65405478    .0472415    13.84492
   L2.h_dlemp  -.84509527   .81550958  -1.0362788
 L2.h_dlsales   .05074259   .05410923   .93778067
  L2.h_dlperm  -.07020369   .02238167  -3.1366598
   L2.h_dlhpi   -.4673913   .32485068  -1.4387882
    L2.h_lfor   .22941886   .05962842   3.8474752
   L3.h_dlemp  -1.5967786   .69902972  -2.2842786
 L3.h_dlsales    .0455996   .04736571   .96271322
  L3.h_dlperm  -.06683934   .02367419  -2.8232995
   L3.h_dlhpi  -1.1075928   .29170463   -3.796967
    L3.h_lfor   .08560191   .05988676   1.4293963
   L4.h_dlemp   .29534997   .71395507   .41368145
 L4.h_dlsales   .03983484   .04861655   .81936785
  L4.h_dlperm  -.05127645   .02357672  -2.1748764
   L4.h_dlhpi   .32439651   .34482246   .94076385
    L4.h_lfor   .04747983    .0495401   .95841205
   L5.h_dlemp  -1.1380266   .63036697  -1.8053398
 L5.h_dlsales  -.00851615   .04329351  -.19670721
  L5.h_dlperm  -.06614933   .02471274  -2.6767302
   L5.h_dlhpi   -.1363788   .33612349  -.40574017
    L5.h_lfor  -.01849836   .04078373  -.45357213
   L6.h_dlemp   1.4352251   .74307817   1.9314591
 L6.h_dlsales   .01245806   .04052644   .30740571
  L6.h_dlperm  -.09574086   .02595824  -3.6882644
   L6.h_dlhpi   .14633923   .34719561    .4214893
    L6.h_lfor  -.03388434   .03944297  -.85907186
   L7.h_dlemp   1.1341998   .73308795   1.5471538
 L7.h_dlsales   .04718055   .03695291   1.2767751
  L7.h_dlperm  -.07622757   .02634621  -2.8933029
   L7.h_dlhpi   .15218588   .35069822   .43395112
    L7.h_lfor   .05550287   .04153316   1.3363509
   L8.h_dlemp   1.5084151   .69407302   2.1732801
 L8.h_dlsales   .01577077   .03188913   .49454994
  L8.h_dlperm   -.0840533   .02797133   -3.004981
   L8.h_dlhpi  -.30799608   .31752879  -.96997845
    L8.h_lfor  -.04310966    .0546902   -.7882519
   L9.h_dlemp  -1.8379607   .73841246  -2.4890705
 L9.h_dlsales   .06203466   .03563688   1.7407435
  L9.h_dlperm  -.06818762   .02672799  -2.5511689
   L9.h_dlhpi   .65301832   .36685463   1.7800465
    L9.h_lfor   -.0659531   .03918705  -1.6830331
  L10.h_dlemp   .71349543   .80542243   .88586486
L10.h_dlsales   .01799064   .03046954   .59044686
 L10.h_dlperm  -.05503572   .02954534  -1.8627544
  L10.h_dlhpi   .51404917   .36403973   1.4120689
   L10.h_lfor   .04392908   .03704948   1.1856869
  L11.h_dlemp  -1.2017817   .76856362  -1.5636724
L11.h_dlsales   .03877853   .02838157    1.366328
 L11.h_dlperm  -.00127944   .02738504  -.04672047
  L11.h_dlhpi   .06448809   .37271631   .17302192
   L11.h_lfor  -.03767433   .03719913  -1.0127744
  L12.h_dlemp   .11089545   .67416854   .16449218
L12.h_dlsales  -.00084765   .02979697  -.02844752
 L12.h_dlperm   .01227443   .02308324   .53174627
  L12.h_dlhpi  -.29881655   .40695163  -.73428027
   L12.h_lfor    .0136226   .02578817   .52825006
------------------------------------------------------------------------------
just identified - Hansen statistic is not calculated 
these are summary  of residuals:

    Variable |       Obs        Mean    Std. Dev.       Min        Max
-------------+--------------------------------------------------------
    __00009I |      3990   -.0004414    .0039878  -.0706173   .0287605
    __00009L |      3990    .0040018    .0859071  -.9504451    .579237
    __00009O |      3989    .0042127    .1462375  -3.143858   1.076784
    __00009R |      3990   -.0014977    .0098778  -.0524216   .0628336
    __00009U |      3990   -.0031172    .1382752  -1.586013    2.29263
-------------+--------------------------------------------------------
       dlemp |      5508    .0040111    .0069631  -.0723462   .0675726
     dlsales |      5304    .0084751    .1081875  -.9608572   .8230836
      dlperm |      5504    .0043357    .1709912  -3.146739   2.144224
       dlhpi |      4693    .0130655    .0145341  -.0515022   .1191192
        lfor |      5559   -.2724965    .7145076  -3.912023    2.35802

symmetric uu[5,5]
              dlemp     dlsales      dlperm       dlhpi        lfor
  dlemp   .00001609
dlsales  -3.199e-06   .00739499
 dlperm   .00004101   .00170283   .02139778
  dlhpi   5.372e-06  -.00001206   9.333e-06   .00009981
   lfor  -.00004427  -.00041374   .00011618  -.00004714   .01910723
 
Residuals correlation matrix 

             |       u1       u2       u3       u4       u5
-------------+---------------------------------------------
          u1 |   1.0000 
             |
             |
          u2 |  -0.0045   1.0000 
             |   0.7757
             |
          u3 |   0.0736   0.1342   1.0000 
             |   0.0000   0.0000
             |
          u4 |   0.1197  -0.0072   0.0108   1.0000 
             |   0.0000   0.6486   0.4939
             |
          u5 |  -0.0837  -0.0334   0.0064  -0.0381   1.0000 
             |   0.0000   0.0351   0.6869   0.0160
             |
 
Variance-covariance matrix of residuals (u'u):

symmetric uu[5,5]
              dlemp     dlsales      dlperm       dlhpi        lfor
  dlemp   .00001609
dlsales  -3.199e-06   .00739499
 dlperm   .00004101   .00170283   .02139778
  dlhpi   5.372e-06  -.00001206   9.333e-06   .00009981
   lfor  -.00004427  -.00041374   .00011618  -.00004714   .01910723
 
Mean squared errors of regression (sqrt of diagonal elements of u'u)

rmse[1,5]
        dlemp    dlsales     dlperm      dlhpi       lfor
r1  .00401062  .08599415  .14627979  .00999055  .13822891
 
GMM finished : 18:38:42
 

Current memory allocation

                    current                                 memory usage
    settable          value     description                 (1M = 1024k)
    --------------------------------------------------------------------
    set maxvar         5000     max. variables allowed           1.947M
    set memory         1000M    max. data space              1,000.000M
    set matsize        5000     max. RHS vars in models        191.154M
                                                            -----------
                                                             1,193.102M
Starting Monte-Carlo loop : 18:38:42 , total 200 repetitions requested
i=6, i=12, i=18, i=24, i=30, i=36, i=42, i=48, i=54, i=60, i=66, i=72, i=78, i=84, i=90, i=96, i=102
> , i=108, i=114, i=120, i=126, i=132, i=138, i=144, i=150, i=156, i=162, i=168, i=174, i=180, i=186
> , i=192, i=198, i=200, finished Monte-Carlo loop : 18:39:14 
Impulse-responses of variable in varname to the shock in column variable

  +------------------------------------------------------------------------+
  | varname    s   order     dlemp   dlsales    dlperm     dlhpi      lfor |
  |------------------------------------------------------------------------|
  |   dlemp    0       1    0.0040    0.0000    0.0000    0.0000    0.0000 |
  |   dlemp    1       1    0.0013   -0.0000    0.0005    0.0000   -0.0003 |
  |   dlemp    2       1    0.0012   -0.0000    0.0005   -0.0001   -0.0004 |
  |   dlemp    3       1    0.0011   -0.0001    0.0005    0.0001   -0.0004 |
  |   dlemp    4       1    0.0002   -0.0000    0.0004   -0.0000   -0.0006 |
  |------------------------------------------------------------------------|
  |   dlemp    5       1    0.0006    0.0000    0.0005   -0.0002   -0.0005 |
  |   dlemp    6       1    0.0005    0.0001    0.0005   -0.0001   -0.0006 |
  |   dlemp    7       1    0.0004    0.0003    0.0005   -0.0000   -0.0007 |
  |   dlemp    8       1   -0.0002    0.0002    0.0005   -0.0001   -0.0007 |
  |   dlemp    9       1    0.0001    0.0001    0.0006   -0.0000   -0.0006 |
  |------------------------------------------------------------------------|
  |   dlemp   10       1    0.0001   -0.0000    0.0005   -0.0001   -0.0005 |
  |   dlemp   11       1    0.0000    0.0000    0.0006   -0.0005   -0.0004 |
  |   dlemp   12       1   -0.0001    0.0000    0.0005   -0.0006   -0.0002 |
  |   dlemp   13       1   -0.0001    0.0001    0.0004   -0.0005   -0.0001 |
  |   dlemp   14       1   -0.0001    0.0001    0.0004   -0.0005   -0.0001 |
  |------------------------------------------------------------------------|
  |   dlemp   15       1   -0.0001    0.0001    0.0003   -0.0005    0.0001 |
  |   dlemp   16       1    0.0001    0.0001    0.0002   -0.0004    0.0002 |
  |   dlemp   17       1    0.0000    0.0000    0.0002   -0.0005    0.0002 |
  |   dlemp   18       1    0.0001    0.0000    0.0001   -0.0004    0.0003 |
  |   dlemp   19       1    0.0001    0.0000    0.0000   -0.0004    0.0003 |
  |------------------------------------------------------------------------|
  |   dlemp   20       1    0.0002   -0.0000    0.0000   -0.0004    0.0003 |
  |   dlemp   21       1    0.0002   -0.0000   -0.0000   -0.0003    0.0003 |
  |   dlemp   22       1    0.0002   -0.0000   -0.0001   -0.0003    0.0003 |
  |   dlemp   23       1    0.0003   -0.0000   -0.0001   -0.0002    0.0003 |
  |   dlemp   24       1    0.0002   -0.0000   -0.0001   -0.0001    0.0002 |
  |------------------------------------------------------------------------|
  | dlsales    0       2   -0.0008    0.0860    0.0000    0.0000    0.0000 |
  | dlsales    1       2    0.0015   -0.0224    0.0062    0.0151    0.0007 |
  | dlsales    2       2    0.0025   -0.0054    0.0001    0.0028    0.0034 |
  | dlsales    3       2   -0.0047   -0.0021    0.0036   -0.0022   -0.0011 |
  | dlsales    4       2   -0.0013    0.0048   -0.0046    0.0003    0.0019 |
  |------------------------------------------------------------------------|
  | dlsales    5       2   -0.0014   -0.0016    0.0024   -0.0013   -0.0003 |
  | dlsales    6       2   -0.0030    0.0063    0.0024   -0.0005    0.0004 |
  | dlsales    7       2   -0.0018   -0.0007    0.0020    0.0063   -0.0016 |
  | dlsales    8       2   -0.0020   -0.0012    0.0012   -0.0063    0.0027 |
  | dlsales    9       2    0.0006   -0.0007    0.0036    0.0010    0.0012 |
  |------------------------------------------------------------------------|
  | dlsales   10       2   -0.0055    0.0041   -0.0024    0.0030    0.0033 |
  | dlsales   11       2   -0.0012   -0.0014    0.0008   -0.0027    0.0020 |
  | dlsales   12       2    0.0001    0.0012   -0.0008   -0.0025    0.0011 |
  | dlsales   13       2   -0.0019   -0.0003    0.0012   -0.0005    0.0020 |
  | dlsales   14       2    0.0001    0.0004   -0.0016   -0.0017    0.0027 |
  |------------------------------------------------------------------------|
  | dlsales   15       2   -0.0001   -0.0005   -0.0011   -0.0003    0.0022 |
  | dlsales   16       2   -0.0005    0.0012   -0.0016   -0.0007    0.0024 |
  | dlsales   17       2   -0.0004   -0.0005   -0.0001   -0.0009    0.0020 |
  | dlsales   18       2    0.0011   -0.0008   -0.0011   -0.0005    0.0021 |
  | dlsales   19       2    0.0006    0.0001   -0.0007    0.0002    0.0014 |
  |------------------------------------------------------------------------|
  | dlsales   20       2   -0.0001    0.0004   -0.0014   -0.0006    0.0014 |
  | dlsales   21       2    0.0006   -0.0003   -0.0014    0.0001    0.0013 |
  | dlsales   22       2    0.0005    0.0002   -0.0014    0.0004    0.0008 |
  | dlsales   23       2    0.0005   -0.0003   -0.0008    0.0004    0.0004 |
  | dlsales   24       2    0.0005   -0.0001   -0.0011    0.0003    0.0003 |
  |------------------------------------------------------------------------|
  |  dlperm    0       3    0.0102    0.0199    0.1446    0.0000    0.0000 |
  |  dlperm    1       3   -0.0032    0.0076   -0.0554    0.0192    0.0025 |
  |  dlperm    2       3    0.0084   -0.0031   -0.0079    0.0042    0.0013 |
  |  dlperm    3       3   -0.0109    0.0032    0.0187   -0.0033   -0.0012 |
  |  dlperm    4       3   -0.0123   -0.0033   -0.0160    0.0070    0.0030 |
  |------------------------------------------------------------------------|
  |  dlperm    5       3    0.0013    0.0015    0.0225   -0.0089    0.0037 |
  |  dlperm    6       3   -0.0003    0.0068    0.0068   -0.0014   -0.0005 |
  |  dlperm    7       3    0.0009    0.0043   -0.0154    0.0046    0.0013 |
  |  dlperm    8       3   -0.0014   -0.0026    0.0044   -0.0045    0.0065 |
  |  dlperm    9       3   -0.0053   -0.0066    0.0183   -0.0043    0.0032 |
  |------------------------------------------------------------------------|
  |  dlperm   10       3   -0.0020   -0.0004    0.0065   -0.0006    0.0009 |
  |  dlperm   11       3    0.0017   -0.0016    0.0111   -0.0073    0.0032 |
  |  dlperm   12       3    0.0033    0.0008    0.0015   -0.0024    0.0051 |
  |  dlperm   13       3   -0.0032    0.0065   -0.0168   -0.0020    0.0039 |
  |  dlperm   14       3   -0.0024   -0.0019    0.0068   -0.0054    0.0043 |
  |------------------------------------------------------------------------|
  |  dlperm   15       3   -0.0002   -0.0008    0.0022   -0.0014    0.0044 |
  |  dlperm   16       3    0.0019    0.0011   -0.0037   -0.0017    0.0040 |
  |  dlperm   17       3    0.0036    0.0006    0.0005   -0.0034    0.0041 |
  |  dlperm   18       3    0.0012    0.0000   -0.0060   -0.0011    0.0038 |
  |  dlperm   19       3    0.0005   -0.0004   -0.0019   -0.0019    0.0029 |
  |------------------------------------------------------------------------|
  |  dlperm   20       3    0.0004   -0.0022    0.0049   -0.0022    0.0020 |
  |  dlperm   21       3    0.0025   -0.0012   -0.0000   -0.0008    0.0016 |
  |  dlperm   22       3    0.0034    0.0009   -0.0033   -0.0004    0.0012 |
  |  dlperm   23       3    0.0011    0.0004   -0.0024   -0.0005    0.0010 |
  |  dlperm   24       3    0.0004    0.0002   -0.0036    0.0004    0.0005 |
  |------------------------------------------------------------------------|
  |   dlhpi    0       4    0.0013   -0.0001   -0.0000    0.0099    0.0000 |
  |   dlhpi    1       4   -0.0002   -0.0005    0.0007    0.0026   -0.0011 |
  |   dlhpi    2       4   -0.0003   -0.0004    0.0006    0.0024   -0.0008 |
  |   dlhpi    3       4   -0.0004   -0.0006    0.0004    0.0035   -0.0010 |
  |   dlhpi    4       4   -0.0005   -0.0009    0.0007    0.0024   -0.0013 |
  |------------------------------------------------------------------------|
  |   dlhpi    5       4   -0.0007   -0.0001    0.0012    0.0016   -0.0016 |
  |   dlhpi    6       4   -0.0009    0.0000    0.0013    0.0017   -0.0014 |
  |   dlhpi    7       4   -0.0005    0.0002    0.0011    0.0014   -0.0016 |
  |   dlhpi    8       4   -0.0010   -0.0005    0.0013    0.0018   -0.0017 |
  |   dlhpi    9       4   -0.0008   -0.0001    0.0013    0.0017   -0.0013 |
  |------------------------------------------------------------------------|
  |   dlhpi   10       4   -0.0012    0.0002    0.0020    0.0005   -0.0011 |
  |   dlhpi   11       4   -0.0014    0.0000    0.0014    0.0001   -0.0007 |
  |   dlhpi   12       4   -0.0011    0.0002    0.0015    0.0002   -0.0004 |
  |   dlhpi   13       4   -0.0011    0.0002    0.0010   -0.0000   -0.0001 |
  |   dlhpi   14       4   -0.0010    0.0001    0.0010   -0.0003    0.0002 |
  |------------------------------------------------------------------------|
  |   dlhpi   15       4   -0.0009    0.0002    0.0010   -0.0004    0.0005 |
  |   dlhpi   16       4   -0.0007    0.0001    0.0007   -0.0002    0.0007 |
  |   dlhpi   17       4   -0.0006    0.0000    0.0005   -0.0003    0.0009 |
  |   dlhpi   18       4   -0.0004    0.0000    0.0004   -0.0005    0.0011 |
  |   dlhpi   19       4   -0.0003    0.0000    0.0003   -0.0006    0.0012 |
  |------------------------------------------------------------------------|
  |   dlhpi   20       4   -0.0002   -0.0000    0.0002   -0.0005    0.0013 |
  |   dlhpi   21       4   -0.0000   -0.0000    0.0001   -0.0005    0.0013 |
  |   dlhpi   22       4    0.0001   -0.0000   -0.0001   -0.0004    0.0012 |
  |   dlhpi   23       4    0.0002   -0.0000   -0.0003   -0.0004    0.0012 |
  |   dlhpi   24       4    0.0002   -0.0001   -0.0003   -0.0003    0.0011 |
  |------------------------------------------------------------------------|
  |    lfor    0       5   -0.0110   -0.0049    0.0023   -0.0033    0.1376 |
  |    lfor    1       5   -0.0165   -0.0071   -0.0038   -0.0166    0.0900 |
  |    lfor    2       5   -0.0201   -0.0013   -0.0122   -0.0213    0.0925 |
  |    lfor    3       5   -0.0292   -0.0007   -0.0162   -0.0344    0.0951 |
  |    lfor    4       5   -0.0283    0.0010   -0.0209   -0.0355    0.1021 |
  |------------------------------------------------------------------------|
  |    lfor    5       5   -0.0336   -0.0016   -0.0284   -0.0425    0.1028 |
  |    lfor    6       5   -0.0274   -0.0003   -0.0411   -0.0463    0.1025 |
  |    lfor    7       5   -0.0229    0.0012   -0.0472   -0.0483    0.1122 |
  |    lfor    8       5   -0.0175   -0.0027   -0.0565   -0.0545    0.1103 |
  |    lfor    9       5   -0.0180    0.0009   -0.0621   -0.0501    0.1041 |
  |------------------------------------------------------------------------|
  |    lfor   10       5   -0.0119   -0.0025   -0.0677   -0.0474    0.1079 |
  |    lfor   11       5   -0.0110   -0.0002   -0.0691   -0.0464    0.1009 |
  |    lfor   12       5   -0.0081   -0.0021   -0.0725   -0.0443    0.0986 |
  |    lfor   13       5   -0.0023   -0.0023   -0.0792   -0.0373    0.0930 |
  |    lfor   14       5   -0.0003   -0.0023   -0.0801   -0.0315    0.0860 |
  |------------------------------------------------------------------------|
  |    lfor   15       5    0.0024   -0.0026   -0.0812   -0.0265    0.0782 |
  |    lfor   16       5    0.0044   -0.0026   -0.0811   -0.0195    0.0694 |
  |    lfor   17       5    0.0067   -0.0029   -0.0806   -0.0133    0.0612 |
  |    lfor   18       5    0.0073   -0.0038   -0.0796   -0.0078    0.0518 |
  |    lfor   19       5    0.0070   -0.0033   -0.0762   -0.0031    0.0427 |
  |------------------------------------------------------------------------|
  |    lfor   20       5    0.0064   -0.0037   -0.0727    0.0013    0.0343 |
  |    lfor   21       5    0.0050   -0.0031   -0.0679    0.0056    0.0252 |
  |    lfor   22       5    0.0039   -0.0031   -0.0631    0.0094    0.0173 |
  |    lfor   23       5    0.0025   -0.0026   -0.0585    0.0127    0.0101 |
  |    lfor   24       5    0.0004   -0.0021   -0.0534    0.0149    0.0038 |
  +------------------------------------------------------------------------+
s=4,8,12,16,20,24,
** variance-decompositions: percent of variation in the row variable explained by column variable

D[30,6]
                 s      dlemp    dlsales     dlperm      dlhpi       lfor
  dlemp          4  .94998641  .00065419  .03157139  .00070231   .0170857
dlsales          4  .00377088  .95918699  .00623179  .02919868  .00161165
 dlperm          4  .01193418  .01852685  .95357256   .0156073  .00035911
  dlhpi          4  .01580836  .00624686  .00765882   .9490673  .02121866
   lfor          4  .03387015  .00157466  .00881046  .03950814  .91623659
  dlemp          8  .85457078   .0046339  .06568647  .00232672  .07278213
dlsales          8  .00559268  .94796559  .01049657   .0336176  .00232755
 dlperm          8  .01701565  .02042828  .94101326  .02030526  .00123756
  dlhpi          8  .02400187  .01038867  .03678296  .85681918  .07200732
   lfor          8  .04462854  .00075411  .05142186  .08710576  .81608973
  dlemp         12  .76894076  .00708089  .10278144  .01189165  .10930527
dlsales         12  .00965913  .93304492  .01273322  .03956374    .004999
 dlperm         12  .01787147  .02177376  .93380701  .02307561  .00347215
  dlhpi         12  .04730909  .01044855  .08178085  .76552974  .09493176
   lfor         12  .03178501  .00053155  .12170606  .10707078   .7389066
  dlemp         16  .71825797  .00736423  .11908471  .05062497  .10466811
dlsales         16  .01003428  .92920813  .01331869  .04046968  .00696922
 dlperm         16  .01847828  .02303526  .92820146  .02406773  .00621728
  dlhpi         16  .06572034  .01063957  .10460023  .72699381  .09204605
   lfor         16  .02402812  .00048877  .19201145  .10068332  .68278834
  dlemp         20  .69271945  .00730105  .11784383  .07251331  .10962236
dlsales         20  .01023486  .92669276  .01378334  .04053176  .00875727
 dlperm         20  .01901791  .02297745   .9252557  .02461117  .00813778
  dlhpi         20  .06828322  .01035476   .1065196  .70655763  .10828479
   lfor         20  .02127646  .00056333  .25493596  .08891455  .63430969
  dlemp         24  .67830659  .00714306  .11485948   .0816448  .11804607
dlsales         24  .01030819  .92539138   .0144907  .04055141  .00925832
 dlperm         24   .0196355  .02316008   .9240396  .02474331  .00842151
  dlhpi         24  .06636189  .01002913  .10357182  .68682712  .13321004
   lfor         24  .02016099  .00065875  .29549479  .08396661  .59971886

. log close
      name:  <unnamed>
       log:  C:\Users\Stan\Documents\Stata\Foreclosures\Paper/v5/Robustness/ForeclosurePriceNexus_Ro
> bustnessLog_Pre2007_Appendix.v5.txt
  log type:  text
 closed on:   8 May 2011, 18:39:15
----------------------------------------------------------------------------------------------------
