M2增量 | 0.1660 | 0.2542** | 0.2537** | 0.1659 |
PMI指数 | −0.3755** | −0.1358 | −0.2198 | −0.1876 |
银行资产负债率 | 5.1388** | — | — | — |
汇率 | — | 0.1265 | — | — |
股价 | — | — | 0.1948** | — |
房价 | — | — | — | −0.2103*** |
_cons | −4.0162** | 0.2536 | 0.3536* | 0.5216*** |
| 银行资产负债率 | 汇率 | 股价 | 房价 |
跨境资本流动 | 0.0369*** | −1.3185*** | −0.7319*** | 0.3939** |
_cons | 0.8947*** | 1.6408*** | 0.8842*** | 0.2974** |