[Retracted] Quantitative Evaluation Model of Stock Market Liquidity by Macroeconomic Factors

Table 11

Coefficient significance of two-factor level values.

Variable	M1+CPI	ER + M1	ER + CPI
	Significantly positive at the 10% level	Not significant	Significantly negative at the 10% level
	Not significant	Significantly positive at the 5% level	Not significant