표 8 VECM 모형 장기균형 관계

변수명	공적분 계수	표준편차	t-통계량
부동산 PF-ABSTB 잔액	1
국고채	-3,036,719	-990,901	[-3.064]
CP	1,131,836	-791,306	[1.430]
CD	-10,434,881	-2,431,498	[-4.291]
Call 금리	12,511,190	-2,313,211	[5.408]
RMPI	25,094.47	-10,184.3	[2.464]
C	-1,043,751

주 : VECM, vector error correction model; PF-ABSTB, project financing asset backed short term bond; CP, commercial paper; CD, certificate of deposit; RMPI, real estate market pressure index.