The Correlation between Monetary Policy and Housing Price Change Based on a VAR Model

Table 3

Optimal lag-period test results.

Lag	LogL	LR	FPE	AIC	SC	HQ
1	290.2633	NA	1.09e-10	−14.4237	−14.0398	−14.2860
2	307.9213	29.8827	7.06e-11	−14.8677	−14.0999	−14.5922
3	326.4486	28.5035	4.41e-11	−15.3563	−14.2046	−14.9431
4	331.1505	6.5102	5.70e-11	−15.1359	−13.6003	−14.5849
5	336.3393	6.3862	7.38e-11	−14.9404	−13.0209	−14.2517
6	345.7963	10.1845	7.98e-11	−14.9639	−12.6605	−14.1374
7	356.9153	10.2636	8.36e-11	−15.0725	−12.3852	−14.1084
8	367.4198	8.0804	9.76e-11	−15.1497	−12.0785	−14.0478

Data source: Eviews 10 software calculation.