		(1)	(2)	(3)	(4)	(5)	(6)	(7)	(8)	(9)	(10)	(11)	(12)
VARIABLES	LABELS	gGDP_real_winsor	gGDP_real_winsor	gGDP_real_winsor	dG	dG	dG	gGDP_real_winsor_c	gGDP_real_winsor_c	gGDP_real_winsor_c	dG_c	dG_c	dG_c
													
dG		-0.02	0.13	-0.14									
		(0.09)	(0.21)	(0.15)									
dG_IV	dG_IV_c				0.90***	0.90***	0.80***						
					(0.03)	(0.04)	(0.10)						
dG_c	dG_c							-0.04	0.05	0.02			
								(0.13)	(0.29)	(0.23)			
dG_IV_c	dG_IV_c										0.92***	0.92***	0.89***
											(0.03)	(0.03)	(0.11)
													
Observations		3,930	921	3,009	3,930	921	3,009	3,698	866	2,832	3,698	866	2,832
Number of ID		232	55	177	232	55	177	232	55	177	232	55	177
F test		684.1	546.6	65.28				840.2	718.2	71.74			
Robust standard errors in parentheses													
*** p<0.01, ** p<0.05, * p<0.1													
