id	sid	tid	token	lemma	pos
amfbr-551	1	1	copyright	copyright	NOUN
amfbr-551	1	2	©	©	PROPN
amfbr-551	1	3	cc	cc	PROPN
amfbr-551	1	4	-	-	PUNCT
amfbr-551	1	5	by	by	ADP
amfbr-551	1	6	-	-	PUNCT
amfbr-551	1	7	nc	nc	PROPN
amfbr-551	1	8	2020	2020	NUM
amfbr-551	1	9	,	,	PUNCT
amfbr-551	1	10	cribfb	cribfb	PROPN
amfbr-551	1	11	|	|	ADV
amfbr-551	1	12	amfbr	amfbr	PROPN
amfbr-551	1	13	american	american	PROPN
amfbr-551	1	14	finance	finance	PROPN
amfbr-551	1	15	&	&	CCONJ
amfbr-551	1	16	banking	banking	PROPN
amfbr-551	1	17	review	review	PROPN
amfbr-551	1	18	;	;	PUNCT
amfbr-551	1	19	vol	vol	NOUN
amfbr-551	1	20	.	.	PROPN
amfbr-551	1	21	5	5	NUM
amfbr-551	1	22	,	,	PUNCT
amfbr-551	1	23	no	no	INTJ
amfbr-551	1	24	.	.	NOUN
amfbr-551	1	25	1	1	NUM
amfbr-551	1	26	;	;	PUNCT
amfbr-551	1	27	2020	2020	NUM
amfbr-551	1	28	issn	issn	VERB
amfbr-551	1	29	2576	2576	NUM
amfbr-551	1	30	-	-	SYM
amfbr-551	1	31	1226	1226	NUM
amfbr-551	1	32	e	e	NOUN
amfbr-551	1	33	-	-	NOUN
amfbr-551	1	34	issn	issn	PROPN
amfbr-551	1	35	2576	2576	NUM
amfbr-551	1	36	-	-	SYM
amfbr-551	1	37	1234	1234	NUM
amfbr-551	1	38	published	publish	VERB
amfbr-551	1	39	by	by	ADP
amfbr-551	1	40	centre	centre	NOUN
amfbr-551	1	41	for	for	ADP
amfbr-551	1	42	research	research	NOUN
amfbr-551	1	43	on	on	ADP
amfbr-551	1	44	islamic	islamic	ADJ
amfbr-551	1	45	banking	banking	PROPN
amfbr-551	1	46	&	&	CCONJ
amfbr-551	1	47	finance	finance	PROPN
amfbr-551	1	48	and	and	CCONJ
amfbr-551	1	49	business	business	NOUN
amfbr-551	1	50	,	,	PUNCT
amfbr-551	1	51	usa	usa	PROPN
amfbr-551	1	52	27	27	NUM
amfbr-551	1	53	the	the	DET
amfbr-551	1	54	dynamics	dynamic	NOUN
amfbr-551	1	55	of	of	ADP
amfbr-551	1	56	the	the	DET
amfbr-551	1	57	exchange	exchange	NOUN
amfbr-551	1	58	rate	rate	NOUN
amfbr-551	1	59	and	and	CCONJ
amfbr-551	1	60	extension	extension	NOUN
amfbr-551	1	61	of	of	ADP
amfbr-551	1	62	monetary	monetary	ADJ
amfbr-551	1	63	trilemma	trilemma	NOUN
amfbr-551	1	64	(	(	PUNCT
amfbr-551	1	65	iran	iran	PROPN
amfbr-551	1	66	economy	economy	NOUN
amfbr-551	1	67	case	case	NOUN
amfbr-551	1	68	study	study	NOUN
amfbr-551	1	69	)	)	PUNCT
amfbr-551	1	70	*	*	PUNCT
amfbr-551	1	71	*	*	PUNCT
amfbr-551	1	72	mahmoud	mahmoud	PROPN
amfbr-551	1	73	allahyarifard	allahyarifard	PROPN
amfbr-551	1	74	phd	phd	NOUN
amfbr-551	1	75	graduated	graduate	VERB
amfbr-551	1	76	from	from	ADP
amfbr-551	1	77	phd	phd	NOUN
amfbr-551	1	78	in	in	ADP
amfbr-551	1	79	economics	economics	PROPN
amfbr-551	1	80	ferdowsi	ferdowsi	PROPN
amfbr-551	1	81	university	university	PROPN
amfbr-551	1	82	of	of	ADP
amfbr-551	1	83	mashhad	mashhad	PROPN
amfbr-551	1	84	,	,	PUNCT
amfbr-551	1	85	iran	iran	PROPN
amfbr-551	1	86	e	e	NOUN
amfbr-551	1	87	-	-	NOUN
amfbr-551	1	88	mail	mail	NOUN
amfbr-551	1	89	:	:	PUNCT
amfbr-551	2	1	allahyarifard@gmail.com	allahyarifard@gmail.com	PROPN
amfbr-551	3	1	mostafa	mostafa	PROPN
amfbr-551	3	2	karimzadeh	karimzadeh	PROPN
amfbr-551	3	3	phd	phd	PROPN
amfbr-551	3	4	assistant	assistant	PROPN
amfbr-551	3	5	professor	professor	NOUN
amfbr-551	3	6	of	of	ADP
amfbr-551	3	7	economics	economics	PROPN
amfbr-551	3	8	ferdowsi	ferdowsi	PROPN
amfbr-551	3	9	university	university	PROPN
amfbr-551	3	10	of	of	ADP
amfbr-551	3	11	mashhad	mashhad	PROPN
amfbr-551	3	12	,	,	PUNCT
amfbr-551	3	13	iran	iran	PROPN
amfbr-551	3	14	e	e	NOUN
amfbr-551	3	15	-	-	NOUN
amfbr-551	3	16	mail	mail	NOUN
amfbr-551	3	17	:	:	PUNCT
amfbr-551	3	18	m.karimzadeh@um.ac.ir	m.karimzadeh@um.ac.ir	PROPN
amfbr-551	3	19	mohammad	mohammad	PROPN
amfbr-551	3	20	ali	ali	PROPN
amfbr-551	3	21	falahi	falahi	PROPN
amfbr-551	3	22	phd	phd	PROPN
amfbr-551	3	23	professor	professor	NOUN
amfbr-551	3	24	of	of	ADP
amfbr-551	3	25	economics	economics	PROPN
amfbr-551	3	26	ferdowsi	ferdowsi	PROPN
amfbr-551	3	27	university	university	PROPN
amfbr-551	3	28	of	of	ADP
amfbr-551	3	29	mashhad	mashhad	PROPN
amfbr-551	3	30	,	,	PUNCT
amfbr-551	3	31	iran	iran	PROPN
amfbr-551	3	32	e	e	NOUN
amfbr-551	3	33	-	-	NOUN
amfbr-551	3	34	mail	mail	NOUN
amfbr-551	3	35	:	:	PUNCT
amfbr-551	3	36	falahi@um.ac.ir	falahi@um.ac.ir	ADJ
amfbr-551	3	37	ali	ali	PROPN
amfbr-551	3	38	akbar	akbar	PROPN
amfbr-551	3	39	naji	naji	PROPN
amfbr-551	3	40	meidani	meidani	PROPN
amfbr-551	3	41	phd	phd	PROPN
amfbr-551	3	42	associate	associate	NOUN
amfbr-551	3	43	professor	professor	NOUN
amfbr-551	3	44	of	of	ADP
amfbr-551	3	45	economics	economics	PROPN
amfbr-551	3	46	ferdowsi	ferdowsi	PROPN
amfbr-551	3	47	university	university	PROPN
amfbr-551	3	48	of	of	ADP
amfbr-551	3	49	mashhad	mashhad	PROPN
amfbr-551	3	50	,	,	PUNCT
amfbr-551	3	51	iran	iran	PROPN
amfbr-551	3	52	e	e	NOUN
amfbr-551	3	53	-	-	NOUN
amfbr-551	3	54	mail	mail	NOUN
amfbr-551	3	55	:	:	PUNCT
amfbr-551	3	56	naji@um.ac.ir	naji@um.ac.ir	NOUN
amfbr-551	3	57	abstract	abstract	ADJ
amfbr-551	3	58	simultaneous	simultaneous	ADJ
amfbr-551	3	59	making	make	VERB
amfbr-551	3	60	policy	policy	NOUN
amfbr-551	3	61	of	of	ADP
amfbr-551	3	62	interest	interest	NOUN
amfbr-551	3	63	rates	rate	NOUN
amfbr-551	3	64	,	,	PUNCT
amfbr-551	3	65	exchange	exchange	NOUN
amfbr-551	3	66	rates	rate	NOUN
amfbr-551	3	67	and	and	CCONJ
amfbr-551	3	68	capital	capital	NOUN
amfbr-551	3	69	accounts	account	NOUN
amfbr-551	3	70	can	can	AUX
amfbr-551	3	71	be	be	AUX
amfbr-551	3	72	extended	extend	VERB
amfbr-551	3	73	to	to	ADP
amfbr-551	3	74	trilemma	trilemma	NOUN
amfbr-551	3	75	theory	theory	NOUN
amfbr-551	3	76	,	,	PUNCT
amfbr-551	3	77	contrary	contrary	ADV
amfbr-551	3	78	to	to	ADP
amfbr-551	3	79	its	its	PRON
amfbr-551	3	80	earlier	early	ADJ
amfbr-551	3	81	theories	theory	NOUN
amfbr-551	3	82	,	,	PUNCT
amfbr-551	3	83	provided	provide	VERB
amfbr-551	3	84	that	that	SCONJ
amfbr-551	3	85	the	the	DET
amfbr-551	3	86	imbalances	imbalance	NOUN
amfbr-551	3	87	of	of	ADP
amfbr-551	3	88	the	the	DET
amfbr-551	3	89	private	private	ADJ
amfbr-551	3	90	sector	sector	NOUN
amfbr-551	3	91	,	,	PUNCT
amfbr-551	3	92	the	the	DET
amfbr-551	3	93	government	government	NOUN
amfbr-551	3	94	and	and	CCONJ
amfbr-551	3	95	the	the	DET
amfbr-551	3	96	capital	capital	NOUN
amfbr-551	3	97	account	account	NOUN
amfbr-551	3	98	adjusted	adjust	VERB
amfbr-551	3	99	through	through	ADP
amfbr-551	3	100	the	the	DET
amfbr-551	3	101	policy	policy	NOUN
amfbr-551	3	102	variables	variable	NOUN
amfbr-551	3	103	such	such	ADJ
amfbr-551	3	104	as	as	ADP
amfbr-551	3	105	the	the	DET
amfbr-551	3	106	government	government	NOUN
amfbr-551	3	107	expenditures	expenditure	NOUN
amfbr-551	3	108	,	,	PUNCT
amfbr-551	3	109	the	the	DET
amfbr-551	3	110	interest	interest	NOUN
amfbr-551	3	111	rates	rate	NOUN
amfbr-551	3	112	on	on	ADP
amfbr-551	3	113	domestic	domestic	ADJ
amfbr-551	3	114	deposits	deposit	NOUN
amfbr-551	3	115	,	,	PUNCT
amfbr-551	3	116	the	the	DET
amfbr-551	3	117	interest	interest	NOUN
amfbr-551	3	118	rates	rate	NOUN
amfbr-551	3	119	on	on	ADP
amfbr-551	3	120	domestic	domestic	ADJ
amfbr-551	3	121	loans	loan	NOUN
amfbr-551	3	122	,	,	PUNCT
amfbr-551	3	123	effective	effective	ADJ
amfbr-551	3	124	exchange	exchange	NOUN
amfbr-551	3	125	rates	rate	NOUN
amfbr-551	3	126	,	,	PUNCT
amfbr-551	3	127	foreign	foreign	ADJ
amfbr-551	3	128	prices	price	NOUN
amfbr-551	3	129	and	and	CCONJ
amfbr-551	3	130	foreign	foreign	ADJ
amfbr-551	3	131	interest	interest	NOUN
amfbr-551	3	132	rates	rate	NOUN
amfbr-551	3	133	.	.	PUNCT
amfbr-551	4	1	on	on	ADP
amfbr-551	4	2	the	the	DET
amfbr-551	4	3	other	other	ADJ
amfbr-551	4	4	hand	hand	NOUN
amfbr-551	4	5	,	,	PUNCT
amfbr-551	4	6	the	the	DET
amfbr-551	4	7	components	component	NOUN
amfbr-551	4	8	of	of	ADP
amfbr-551	4	9	the	the	DET
amfbr-551	4	10	extension	extension	NOUN
amfbr-551	4	11	of	of	ADP
amfbr-551	4	12	trilemma	trilemma	NOUN
amfbr-551	4	13	theory	theory	NOUN
amfbr-551	4	14	in	in	ADP
amfbr-551	4	15	the	the	DET
amfbr-551	4	16	form	form	NOUN
amfbr-551	4	17	of	of	ADP
amfbr-551	4	18	internal	internal	ADJ
amfbr-551	4	19	and	and	CCONJ
amfbr-551	4	20	external	external	ADJ
amfbr-551	4	21	imbalances	imbalance	NOUN
amfbr-551	4	22	affect	affect	VERB
amfbr-551	4	23	the	the	DET
amfbr-551	4	24	exchange	exchange	NOUN
amfbr-551	4	25	rate	rate	NOUN
amfbr-551	4	26	.	.	PUNCT
amfbr-551	5	1	in	in	ADP
amfbr-551	5	2	other	other	ADJ
amfbr-551	5	3	words	word	NOUN
amfbr-551	5	4	,	,	PUNCT
amfbr-551	5	5	if	if	SCONJ
amfbr-551	5	6	the	the	DET
amfbr-551	5	7	real	real	ADJ
amfbr-551	5	8	sector	sector	NOUN
amfbr-551	5	9	markets	market	NOUN
amfbr-551	5	10	of	of	ADP
amfbr-551	5	11	the	the	DET
amfbr-551	5	12	economy	economy	NOUN
amfbr-551	5	13	are	be	AUX
amfbr-551	5	14	not	not	PART
amfbr-551	5	15	cleared	clear	VERB
amfbr-551	5	16	through	through	ADP
amfbr-551	5	17	the	the	DET
amfbr-551	5	18	aforementioned	aforementioned	ADJ
amfbr-551	5	19	trilemma	trilemma	NOUN
amfbr-551	5	20	components	component	NOUN
amfbr-551	5	21	,	,	PUNCT
amfbr-551	5	22	and	and	CCONJ
amfbr-551	5	23	policy	policy	NOUN
amfbr-551	5	24	variables	variable	NOUN
amfbr-551	5	25	,	,	PUNCT
amfbr-551	5	26	internal	internal	ADJ
amfbr-551	5	27	and	and	CCONJ
amfbr-551	5	28	external	external	ADJ
amfbr-551	5	29	imbalances	imbalance	NOUN
amfbr-551	5	30	will	will	AUX
amfbr-551	5	31	be	be	AUX
amfbr-551	5	32	affected	affect	VERB
amfbr-551	5	33	by	by	ADP
amfbr-551	5	34	opposite	opposite	ADJ
amfbr-551	5	35	direction	direction	NOUN
amfbr-551	5	36	of	of	ADP
amfbr-551	5	37	net	net	ADJ
amfbr-551	5	38	domestic	domestic	ADJ
amfbr-551	5	39	assets	asset	NOUN
amfbr-551	5	40	(	(	PUNCT
amfbr-551	5	41	δnda	δnda	NOUN
amfbr-551	5	42	)	)	PUNCT
amfbr-551	5	43	and	and	CCONJ
amfbr-551	5	44	net	net	ADJ
amfbr-551	5	45	foreign	foreign	ADJ
amfbr-551	5	46	assets	asset	NOUN
amfbr-551	5	47	(	(	PUNCT
amfbr-551	5	48	δnfa	δnfa	PROPN
amfbr-551	5	49	)	)	PUNCT
amfbr-551	5	50	of	of	ADP
amfbr-551	5	51	the	the	DET
amfbr-551	5	52	banking	banking	NOUN
amfbr-551	5	53	system	system	NOUN
amfbr-551	5	54	.	.	PUNCT
amfbr-551	6	1	this	this	PRON
amfbr-551	6	2	is	be	AUX
amfbr-551	6	3	in	in	ADP
amfbr-551	6	4	accordance	accordance	NOUN
amfbr-551	6	5	with	with	ADP
amfbr-551	6	6	the	the	DET
amfbr-551	6	7	fundamental	fundamental	ADJ
amfbr-551	6	8	principles	principle	NOUN
amfbr-551	6	9	of	of	ADP
amfbr-551	6	10	the	the	DET
amfbr-551	6	11	monetary	monetary	ADJ
amfbr-551	6	12	approach	approach	NOUN
amfbr-551	6	13	balance	balance	NOUN
amfbr-551	6	14	of	of	ADP
amfbr-551	6	15	payments	payment	NOUN
amfbr-551	6	16	and	and	CCONJ
amfbr-551	6	17	exchange	exchange	NOUN
amfbr-551	6	18	rate	rate	NOUN
amfbr-551	6	19	.	.	PUNCT
amfbr-551	7	1	policy	policy	NOUN
amfbr-551	7	2	variables	variable	NOUN
amfbr-551	7	3	do	do	AUX
amfbr-551	7	4	not	not	PART
amfbr-551	7	5	put	put	VERB
amfbr-551	7	6	pressure	pressure	NOUN
amfbr-551	7	7	on	on	ADP
amfbr-551	7	8	the	the	DET
amfbr-551	7	9	unofficial	unofficial	ADJ
amfbr-551	7	10	exchange	exchange	NOUN
amfbr-551	7	11	rate	rate	NOUN
amfbr-551	7	12	as	as	ADV
amfbr-551	7	13	long	long	ADV
amfbr-551	7	14	as	as	SCONJ
amfbr-551	7	15	they	they	PRON
amfbr-551	7	16	have	have	VERB
amfbr-551	7	17	the	the	DET
amfbr-551	7	18	same	same	ADJ
amfbr-551	7	19	effect	effect	NOUN
amfbr-551	7	20	on	on	ADP
amfbr-551	7	21	the	the	DET
amfbr-551	7	22	net	net	ADJ
amfbr-551	7	23	changes	change	NOUN
amfbr-551	7	24	in	in	ADP
amfbr-551	7	25	the	the	DET
amfbr-551	7	26	domestic	domestic	ADJ
amfbr-551	7	27	and	and	CCONJ
amfbr-551	7	28	foreign	foreign	ADJ
amfbr-551	7	29	assets	asset	NOUN
amfbr-551	7	30	of	of	ADP
amfbr-551	7	31	the	the	DET
amfbr-551	7	32	banking	banking	NOUN
amfbr-551	7	33	system	system	NOUN
amfbr-551	7	34	.	.	PUNCT
amfbr-551	8	1	the	the	DET
amfbr-551	8	2	purpose	purpose	NOUN
amfbr-551	8	3	of	of	ADP
amfbr-551	8	4	this	this	DET
amfbr-551	8	5	study	study	NOUN
amfbr-551	8	6	is	be	AUX
amfbr-551	8	7	to	to	PART
amfbr-551	8	8	consider	consider	VERB
amfbr-551	8	9	the	the	DET
amfbr-551	8	10	effect	effect	NOUN
amfbr-551	8	11	of	of	ADP
amfbr-551	8	12	internal	internal	ADJ
amfbr-551	8	13	and	and	CCONJ
amfbr-551	8	14	external	external	ADJ
amfbr-551	8	15	imbalances	imbalance	NOUN
amfbr-551	8	16	on	on	ADP
amfbr-551	8	17	exchange	exchange	NOUN
amfbr-551	8	18	rate	rate	NOUN
amfbr-551	8	19	through	through	ADP
amfbr-551	8	20	the	the	DET
amfbr-551	8	21	simultaneous	simultaneous	ADJ
amfbr-551	8	22	equations	equation	NOUN
amfbr-551	8	23	system	system	NOUN
amfbr-551	8	24	,	,	PUNCT
amfbr-551	8	25	generating	generate	VERB
amfbr-551	8	26	impulses	impulse	NOUN
amfbr-551	8	27	in	in	ADP
amfbr-551	8	28	policy	policy	NOUN
amfbr-551	8	29	variables	variable	NOUN
amfbr-551	8	30	,	,	PUNCT
amfbr-551	8	31	and	and	CCONJ
amfbr-551	8	32	examining	examine	VERB
amfbr-551	8	33	reactions	reaction	NOUN
amfbr-551	8	34	in	in	ADP
amfbr-551	8	35	iranian	iranian	ADJ
amfbr-551	8	36	economy	economy	NOUN
amfbr-551	8	37	.	.	PUNCT
amfbr-551	9	1	in	in	ADP
amfbr-551	9	2	this	this	DET
amfbr-551	9	3	paper	paper	NOUN
amfbr-551	9	4	,	,	PUNCT
amfbr-551	9	5	the	the	DET
amfbr-551	9	6	monetary	monetary	ADJ
amfbr-551	9	7	exchange	exchange	NOUN
amfbr-551	9	8	rate	rate	NOUN
amfbr-551	9	9	determination	determination	NOUN
amfbr-551	9	10	model	model	NOUN
amfbr-551	9	11	is	be	AUX
amfbr-551	9	12	analyzed	analyze	VERB
amfbr-551	9	13	and	and	CCONJ
amfbr-551	9	14	examined	examine	VERB
amfbr-551	9	15	by	by	ADP
amfbr-551	9	16	using	use	VERB
amfbr-551	9	17	the	the	DET
amfbr-551	9	18	extension	extension	NOUN
amfbr-551	9	19	of	of	ADP
amfbr-551	9	20	trilemma	trilemma	NOUN
amfbr-551	9	21	theory	theory	NOUN
amfbr-551	9	22	for	for	ADP
amfbr-551	9	23	macroeconomic	macroeconomic	ADJ
amfbr-551	9	24	data	datum	NOUN
amfbr-551	9	25	of	of	ADP
amfbr-551	9	26	iran	iran	PROPN
amfbr-551	9	27	in	in	ADP
amfbr-551	9	28	the	the	DET
amfbr-551	9	29	form	form	NOUN
amfbr-551	9	30	of	of	ADP
amfbr-551	9	31	internal	internal	ADJ
amfbr-551	9	32	and	and	CCONJ
amfbr-551	9	33	external	external	ADJ
amfbr-551	9	34	imbalances	imbalance	NOUN
amfbr-551	9	35	.	.	PUNCT
amfbr-551	10	1	the	the	DET
amfbr-551	10	2	results	result	NOUN
amfbr-551	10	3	of	of	ADP
amfbr-551	10	4	this	this	DET
amfbr-551	10	5	study	study	NOUN
amfbr-551	10	6	suggest	suggest	VERB
amfbr-551	10	7	that	that	SCONJ
amfbr-551	10	8	policy	policy	NOUN
amfbr-551	10	9	variables	variable	NOUN
amfbr-551	10	10	can	can	AUX
amfbr-551	10	11	stabilize	stabilize	VERB
amfbr-551	10	12	the	the	DET
amfbr-551	10	13	unofficial	unofficial	ADJ
amfbr-551	10	14	exchange	exchange	NOUN
amfbr-551	10	15	rate	rate	NOUN
amfbr-551	10	16	(	(	PUNCT
amfbr-551	10	17	with	with	ADP
amfbr-551	10	18	other	other	ADJ
amfbr-551	10	19	conditions	condition	NOUN
amfbr-551	10	20	being	be	AUX
amfbr-551	10	21	constant	constant	ADJ
amfbr-551	10	22	)	)	PUNCT
amfbr-551	10	23	through	through	ADP
amfbr-551	10	24	trading	trade	VERB
amfbr-551	10	25	off	off	ADP
amfbr-551	10	26	internal	internal	ADJ
amfbr-551	10	27	and	and	CCONJ
amfbr-551	10	28	external	external	ADJ
amfbr-551	10	29	imbalances	imbalance	NOUN
amfbr-551	10	30	.	.	PUNCT
amfbr-551	11	1	thus	thus	ADV
amfbr-551	11	2	,	,	PUNCT
amfbr-551	11	3	the	the	DET
amfbr-551	11	4	economic	economic	ADJ
amfbr-551	11	5	policymaker	policymaker	NOUN
amfbr-551	11	6	can	can	AUX
amfbr-551	11	7	,	,	PUNCT
amfbr-551	11	8	while	while	SCONJ
amfbr-551	11	9	independently	independently	ADV
amfbr-551	11	10	policing	police	VERB
amfbr-551	11	11	interest	interest	NOUN
amfbr-551	11	12	rates	rate	NOUN
amfbr-551	11	13	,	,	PUNCT
amfbr-551	11	14	capital	capital	NOUN
amfbr-551	11	15	accounts	account	NOUN
amfbr-551	11	16	and	and	CCONJ
amfbr-551	11	17	government	government	NOUN
amfbr-551	11	18	expenditures	expenditure	NOUN
amfbr-551	11	19	and	and	CCONJ
amfbr-551	11	20	other	other	ADJ
amfbr-551	11	21	policy	policy	NOUN
amfbr-551	11	22	variables	variable	NOUN
amfbr-551	11	23	in	in	ADP
amfbr-551	11	24	this	this	DET
amfbr-551	11	25	research	research	NOUN
amfbr-551	11	26	,	,	PUNCT
amfbr-551	11	27	maintain	maintain	VERB
amfbr-551	11	28	exchange	exchange	NOUN
amfbr-551	11	29	rate	rate	NOUN
amfbr-551	11	30	stability	stability	NOUN
amfbr-551	11	31	as	as	ADP
amfbr-551	11	32	a	a	DET
amfbr-551	11	33	strategic	strategic	ADJ
amfbr-551	11	34	variable	variable	NOUN
amfbr-551	11	35	and	and	CCONJ
amfbr-551	11	36	anchor	anchor	VERB
amfbr-551	11	37	the	the	DET
amfbr-551	11	38	general	general	ADJ
amfbr-551	11	39	level	level	NOUN
amfbr-551	11	40	of	of	ADP
amfbr-551	11	41	prices	price	NOUN
amfbr-551	11	42	.	.	PUNCT
amfbr-551	12	1	keywords	keyword	NOUN
amfbr-551	12	2	:	:	PUNCT
amfbr-551	12	3	trilemma	trilemma	NOUN
amfbr-551	12	4	,	,	PUNCT
amfbr-551	12	5	internal	internal	ADJ
amfbr-551	12	6	and	and	CCONJ
amfbr-551	12	7	external	external	ADJ
amfbr-551	12	8	equilibrium	equilibrium	NOUN
amfbr-551	12	9	,	,	PUNCT
amfbr-551	12	10	policy	policy	NOUN
amfbr-551	12	11	variables	variable	NOUN
amfbr-551	12	12	trade	trade	NOUN
amfbr-551	12	13	-	-	PUNCT
amfbr-551	12	14	off	off	NOUN
amfbr-551	12	15	,	,	PUNCT
amfbr-551	12	16	iran	iran	PROPN
amfbr-551	12	17	.	.	PUNCT
amfbr-551	13	1	jel	jel	PROPN
amfbr-551	13	2	classification	classification	NOUN
amfbr-551	13	3	:	:	PUNCT
amfbr-551	13	4	f31	f31	PROPN
amfbr-551	13	5	,	,	PUNCT
amfbr-551	13	6	f32	f32	NOUN
amfbr-551	13	7	,	,	PUNCT
amfbr-551	13	8	f3	f3	ADJ
amfbr-551	13	9	.	.	PUNCT
amfbr-551	14	1	*	*	PUNCT
amfbr-551	14	2	*	*	PUNCT
amfbr-551	14	3	this	this	DET
amfbr-551	14	4	article	article	NOUN
amfbr-551	14	5	is	be	AUX
amfbr-551	14	6	based	base	VERB
amfbr-551	14	7	on	on	ADP
amfbr-551	14	8	the	the	DET
amfbr-551	14	9	ph.d	ph.d	PROPN
amfbr-551	14	10	.	.	PUNCT
amfbr-551	15	1	dissertation	dissertation	NOUN
amfbr-551	15	2	of	of	ADP
amfbr-551	15	3	first	first	ADJ
amfbr-551	15	4	author	author	NOUN
amfbr-551	15	5	,	,	PUNCT
amfbr-551	15	6	entitled	entitle	VERB
amfbr-551	15	7	"	"	PUNCT
amfbr-551	15	8	investigating	investigate	VERB
amfbr-551	15	9	the	the	DET
amfbr-551	15	10	relationship	relationship	NOUN
amfbr-551	15	11	between	between	ADP
amfbr-551	15	12	internal	internal	ADJ
amfbr-551	15	13	and	and	CCONJ
amfbr-551	15	14	external	external	ADJ
amfbr-551	15	15	imbalances	imbalance	NOUN
amfbr-551	15	16	through	through	ADP
amfbr-551	15	17	the	the	DET
amfbr-551	15	18	extension	extension	NOUN
amfbr-551	15	19	of	of	ADP
amfbr-551	15	20	the	the	DET
amfbr-551	15	21	monetary	monetary	ADJ
amfbr-551	15	22	trilemma	trilemma	NOUN
amfbr-551	15	23	(	(	PUNCT
amfbr-551	15	24	the	the	DET
amfbr-551	15	25	case	case	NOUN
amfbr-551	15	26	study	study	NOUN
amfbr-551	15	27	of	of	ADP
amfbr-551	15	28	iran	iran	PROPN
amfbr-551	15	29	economy	economy	NOUN
amfbr-551	15	30	)	)	PUNCT
amfbr-551	15	31	"	"	PUNCT
amfbr-551	15	32	with	with	ADP
amfbr-551	15	33	the	the	DET
amfbr-551	15	34	supervisor	supervisor	NOUN
amfbr-551	15	35	of	of	ADP
amfbr-551	15	36	dr	dr	PROPN
amfbr-551	15	37	.	.	PROPN
amfbr-551	15	38	mostafa	mostafa	PROPN
amfbr-551	15	39	karimzadeh	karimzadeh	PROPN
amfbr-551	15	40	,	,	PUNCT
amfbr-551	15	41	dr	dr	PROPN
amfbr-551	15	42	.	.	PROPN
amfbr-551	15	43	mohammad	mohammad	PROPN
amfbr-551	15	44	ali	ali	PROPN
amfbr-551	15	45	falahi	falahi	PROPN
amfbr-551	15	46	and	and	CCONJ
amfbr-551	15	47	consulting	consulting	NOUN
amfbr-551	15	48	of	of	ADP
amfbr-551	15	49	dr	dr	PROPN
amfbr-551	15	50	.	.	PROPN
amfbr-551	15	51	ali	ali	PROPN
amfbr-551	15	52	akbar	akbar	PROPN
amfbr-551	15	53	naji	naji	PROPN
amfbr-551	15	54	meidani	meidani	PROPN
amfbr-551	15	55	.	.	PUNCT
amfbr-551	16	1	mailto:allahyarifard@gmail.com	mailto:allahyarifard@gmail.com	PROPN
amfbr-551	16	2	mailto:m.karimzadeh@um.ac.ir	mailto:m.karimzadeh@um.ac.ir	VERB
amfbr-551	17	1	mailto:falahi@um.ac.ir	mailto:falahi@um.ac.ir	PROPN
amfbr-551	17	2	mailto:naji@um.ac.ir	mailto:naji@um.ac.ir	VERB
amfbr-551	17	3	copyright	copyright	NOUN
amfbr-551	17	4	©	©	PROPN
amfbr-551	17	5	cc	cc	NOUN
amfbr-551	17	6	-	-	PUNCT
amfbr-551	17	7	by	by	ADP
amfbr-551	17	8	-	-	PUNCT
amfbr-551	17	9	nc	nc	PROPN
amfbr-551	17	10	2020	2020	NUM
amfbr-551	17	11	,	,	PUNCT
amfbr-551	17	12	cribfb	cribfb	PROPN
amfbr-551	17	13	|	|	ADV
amfbr-551	17	14	amfbr	amfbr	ADJ
amfbr-551	17	15	www.cribfb.com/journal/index.php/amfbr	www.cribfb.com/journal/index.php/amfbr	PROPN
amfbr-551	17	16	american	american	PROPN
amfbr-551	17	17	finance	finance	PROPN
amfbr-551	17	18	&	&	CCONJ
amfbr-551	17	19	banking	banking	PROPN
amfbr-551	17	20	review	review	PROPN
amfbr-551	17	21	vol	vol	NOUN
amfbr-551	17	22	.	.	PROPN
amfbr-551	18	1	5	5	NUM
amfbr-551	18	2	,	,	PUNCT
amfbr-551	18	3	no	no	INTJ
amfbr-551	18	4	.	.	NOUN
amfbr-551	18	5	1	1	NUM
amfbr-551	18	6	;	;	PUNCT
amfbr-551	18	7	2020	2020	NUM
amfbr-551	18	8	28	28	NUM
amfbr-551	18	9	1	1	NUM
amfbr-551	18	10	.	.	PUNCT
amfbr-551	19	1	introduction	introduction	NOUN
amfbr-551	19	2	the	the	DET
amfbr-551	19	3	impossibility	impossibility	NOUN
amfbr-551	19	4	of	of	ADP
amfbr-551	19	5	simultaneously	simultaneously	ADV
amfbr-551	19	6	policing	policing	NOUN
amfbr-551	19	7	of	of	ADP
amfbr-551	19	8	the	the	DET
amfbr-551	19	9	exchange	exchange	NOUN
amfbr-551	19	10	rate	rate	NOUN
amfbr-551	19	11	,	,	PUNCT
amfbr-551	19	12	the	the	DET
amfbr-551	19	13	capital	capital	NOUN
amfbr-551	19	14	account	account	NOUN
amfbr-551	19	15	,	,	PUNCT
amfbr-551	19	16	and	and	CCONJ
amfbr-551	19	17	the	the	DET
amfbr-551	19	18	interest	interest	NOUN
amfbr-551	19	19	rate	rate	NOUN
amfbr-551	19	20	in	in	ADP
amfbr-551	19	21	a	a	DET
amfbr-551	19	22	small	small	ADJ
amfbr-551	19	23	economy	economy	NOUN
amfbr-551	19	24	is	be	AUX
amfbr-551	19	25	called	call	VERB
amfbr-551	19	26	trilemma	trilemma	NOUN
amfbr-551	19	27	theory	theory	NOUN
amfbr-551	19	28	.	.	PUNCT
amfbr-551	20	1	assuming	assume	VERB
amfbr-551	20	2	that	that	SCONJ
amfbr-551	20	3	policymaking	policymake	VERB
amfbr-551	20	4	for	for	ADP
amfbr-551	20	5	each	each	PRON
amfbr-551	20	6	of	of	ADP
amfbr-551	20	7	the	the	DET
amfbr-551	20	8	aforementioned	aforementioned	ADJ
amfbr-551	20	9	variables	variable	NOUN
amfbr-551	20	10	in	in	ADP
amfbr-551	20	11	the	the	DET
amfbr-551	20	12	small	small	ADJ
amfbr-551	20	13	assumed	assumed	ADJ
amfbr-551	20	14	economy	economy	NOUN
amfbr-551	20	15	does	do	AUX
amfbr-551	20	16	not	not	PART
amfbr-551	20	17	affect	affect	VERB
amfbr-551	20	18	other	other	ADJ
amfbr-551	20	19	countries	country	NOUN
amfbr-551	20	20	(	(	PUNCT
amfbr-551	20	21	in	in	ADP
amfbr-551	20	22	case	case	NOUN
amfbr-551	20	23	of	of	ADP
amfbr-551	20	24	being	be	AUX
amfbr-551	20	25	ceteris	ceteris	ADJ
amfbr-551	20	26	paribus	paribus	NOUN
amfbr-551	20	27	)	)	PUNCT
amfbr-551	20	28	,	,	PUNCT
amfbr-551	20	29	the	the	DET
amfbr-551	20	30	key	key	ADJ
amfbr-551	20	31	question	question	NOUN
amfbr-551	20	32	is	be	AUX
amfbr-551	20	33	how	how	SCONJ
amfbr-551	20	34	the	the	DET
amfbr-551	20	35	transitional	transitional	ADJ
amfbr-551	20	36	mechanism	mechanism	NOUN
amfbr-551	20	37	of	of	ADP
amfbr-551	20	38	internal	internal	ADJ
amfbr-551	20	39	and	and	CCONJ
amfbr-551	20	40	external	external	ADJ
amfbr-551	20	41	imbalances	imbalance	NOUN
amfbr-551	20	42	in	in	ADP
amfbr-551	20	43	the	the	DET
amfbr-551	20	44	real	real	ADJ
amfbr-551	20	45	and	and	CCONJ
amfbr-551	20	46	monetary	monetary	ADJ
amfbr-551	20	47	sectors	sector	NOUN
amfbr-551	20	48	will	will	AUX
amfbr-551	20	49	effect	effect	VERB
amfbr-551	20	50	on	on	ADP
amfbr-551	20	51	the	the	DET
amfbr-551	20	52	exchange	exchange	NOUN
amfbr-551	20	53	rate	rate	NOUN
amfbr-551	20	54	?	?	PUNCT
amfbr-551	21	1	what	what	PRON
amfbr-551	21	2	are	be	AUX
amfbr-551	21	3	the	the	DET
amfbr-551	21	4	triggers	trigger	NOUN
amfbr-551	21	5	on	on	ADP
amfbr-551	21	6	the	the	DET
amfbr-551	21	7	exchange	exchange	NOUN
amfbr-551	21	8	rate	rate	NOUN
amfbr-551	21	9	in	in	ADP
amfbr-551	21	10	the	the	DET
amfbr-551	21	11	context	context	NOUN
amfbr-551	21	12	of	of	ADP
amfbr-551	21	13	trilemma	trilemma	NOUN
amfbr-551	21	14	?	?	PUNCT
amfbr-551	22	1	most	most	ADJ
amfbr-551	22	2	studies	study	NOUN
amfbr-551	22	3	in	in	ADP
amfbr-551	22	4	the	the	DET
amfbr-551	22	5	field	field	NOUN
amfbr-551	22	6	of	of	ADP
amfbr-551	22	7	trilemma	trilemma	NOUN
amfbr-551	22	8	emphasize	emphasize	VERB
amfbr-551	22	9	on	on	ADP
amfbr-551	22	10	these	these	DET
amfbr-551	22	11	three	three	NUM
amfbr-551	22	12	policy	policy	NOUN
amfbr-551	22	13	indicators	indicator	NOUN
amfbr-551	22	14	,	,	PUNCT
amfbr-551	22	15	but	but	CCONJ
amfbr-551	22	16	policy	policy	NOUN
amfbr-551	22	17	indicators	indicator	NOUN
amfbr-551	22	18	have	have	AUX
amfbr-551	22	19	been	be	AUX
amfbr-551	22	20	developed	develop	VERB
amfbr-551	22	21	in	in	ADP
amfbr-551	22	22	some	some	DET
amfbr-551	22	23	studies	study	NOUN
amfbr-551	22	24	.	.	PUNCT
amfbr-551	23	1	the	the	DET
amfbr-551	23	2	most	most	ADV
amfbr-551	23	3	important	important	ADJ
amfbr-551	23	4	developmental	developmental	ADJ
amfbr-551	23	5	theories	theory	NOUN
amfbr-551	23	6	of	of	ADP
amfbr-551	23	7	trilemma	trilemma	NOUN
amfbr-551	23	8	focused	focus	VERB
amfbr-551	23	9	on	on	ADP
amfbr-551	23	10	foreign	foreign	ADJ
amfbr-551	23	11	exchange	exchange	NOUN
amfbr-551	23	12	reserves	reserve	NOUN
amfbr-551	23	13	(	(	PUNCT
amfbr-551	23	14	aizenman	aizenman	NOUN
amfbr-551	23	15	&	&	CCONJ
amfbr-551	23	16	sengupta	sengupta	NOUN
amfbr-551	23	17	,	,	PUNCT
amfbr-551	23	18	2013	2013	NUM
amfbr-551	23	19	)	)	PUNCT
amfbr-551	23	20	so	so	SCONJ
amfbr-551	23	21	that	that	SCONJ
amfbr-551	23	22	internal	internal	ADJ
amfbr-551	23	23	and	and	CCONJ
amfbr-551	23	24	external	external	ADJ
amfbr-551	23	25	imbalances	imbalance	NOUN
amfbr-551	23	26	are	be	AUX
amfbr-551	23	27	moderated	moderate	VERB
amfbr-551	23	28	through	through	ADP
amfbr-551	23	29	open	open	ADJ
amfbr-551	23	30	market	market	NOUN
amfbr-551	23	31	operations	operation	NOUN
amfbr-551	23	32	(	(	PUNCT
amfbr-551	23	33	omos	omos	PROPN
amfbr-551	23	34	)	)	PUNCT
amfbr-551	23	35	or	or	CCONJ
amfbr-551	23	36	foreign	foreign	ADJ
amfbr-551	23	37	exchange	exchange	NOUN
amfbr-551	23	38	operations	operation	NOUN
amfbr-551	23	39	(	(	PUNCT
amfbr-551	23	40	fxos	fxos	NOUN
amfbr-551	23	41	)	)	PUNCT
amfbr-551	23	42	by	by	ADP
amfbr-551	23	43	economic	economic	ADJ
amfbr-551	23	44	policymakers	policymaker	NOUN
amfbr-551	23	45	.	.	PUNCT
amfbr-551	24	1	the	the	DET
amfbr-551	24	2	lack	lack	NOUN
amfbr-551	24	3	of	of	ADP
amfbr-551	24	4	sufficient	sufficient	ADJ
amfbr-551	24	5	foreign	foreign	ADJ
amfbr-551	24	6	exchange	exchange	NOUN
amfbr-551	24	7	reserves	reserve	NOUN
amfbr-551	24	8	to	to	PART
amfbr-551	24	9	balance	balance	VERB
amfbr-551	24	10	the	the	DET
amfbr-551	24	11	real	real	NOUN
amfbr-551	24	12	and	and	CCONJ
amfbr-551	24	13	the	the	DET
amfbr-551	24	14	monetary	monetary	ADJ
amfbr-551	24	15	sectors	sector	NOUN
amfbr-551	24	16	on	on	ADP
amfbr-551	24	17	the	the	DET
amfbr-551	24	18	one	one	NUM
amfbr-551	24	19	hand	hand	NOUN
amfbr-551	24	20	and	and	CCONJ
amfbr-551	24	21	the	the	DET
amfbr-551	24	22	simultaneous	simultaneous	ADJ
amfbr-551	24	23	policing	policing	NOUN
amfbr-551	24	24	of	of	ADP
amfbr-551	24	25	exchange	exchange	NOUN
amfbr-551	24	26	rate	rate	NOUN
amfbr-551	24	27	,	,	PUNCT
amfbr-551	24	28	interest	interest	NOUN
amfbr-551	24	29	rate	rate	NOUN
amfbr-551	24	30	and	and	CCONJ
amfbr-551	24	31	capital	capital	NOUN
amfbr-551	24	32	account	account	NOUN
amfbr-551	24	33	variables	variable	NOUN
amfbr-551	24	34	in	in	ADP
amfbr-551	24	35	a	a	DET
amfbr-551	24	36	small	small	ADJ
amfbr-551	24	37	country	country	NOUN
amfbr-551	24	38	with	with	ADP
amfbr-551	24	39	an	an	DET
amfbr-551	24	40	open	open	ADJ
amfbr-551	24	41	economy	economy	NOUN
amfbr-551	24	42	on	on	ADP
amfbr-551	24	43	the	the	DET
amfbr-551	24	44	other	other	ADJ
amfbr-551	24	45	hand	hand	NOUN
amfbr-551	24	46	is	be	AUX
amfbr-551	24	47	a	a	DET
amfbr-551	24	48	clear	clear	ADJ
amfbr-551	24	49	reason	reason	NOUN
amfbr-551	24	50	for	for	ADP
amfbr-551	24	51	creating	create	VERB
amfbr-551	24	52	balance	balance	NOUN
amfbr-551	24	53	of	of	ADP
amfbr-551	24	54	payments	payment	NOUN
amfbr-551	24	55	and	and	CCONJ
amfbr-551	24	56	foreign	foreign	ADJ
amfbr-551	24	57	exchange	exchange	NOUN
amfbr-551	24	58	crises	crisis	NOUN
amfbr-551	24	59	(	(	PUNCT
amfbr-551	24	60	krugman	krugman	NOUN
amfbr-551	24	61	,	,	PUNCT
amfbr-551	24	62	1979	1979	NUM
amfbr-551	24	63	)	)	PUNCT
amfbr-551	24	64	.	.	PUNCT
amfbr-551	25	1	the	the	DET
amfbr-551	25	2	mechanism	mechanism	NOUN
amfbr-551	25	3	of	of	ADP
amfbr-551	25	4	the	the	DET
amfbr-551	25	5	transition	transition	NOUN
amfbr-551	25	6	of	of	ADP
amfbr-551	25	7	internal	internal	ADJ
amfbr-551	25	8	and	and	CCONJ
amfbr-551	25	9	external	external	ADJ
amfbr-551	25	10	imbalances	imbalance	NOUN
amfbr-551	25	11	to	to	ADP
amfbr-551	25	12	the	the	DET
amfbr-551	25	13	foreign	foreign	ADJ
amfbr-551	25	14	exchange	exchange	NOUN
amfbr-551	25	15	sector	sector	NOUN
amfbr-551	25	16	through	through	ADP
amfbr-551	25	17	the	the	DET
amfbr-551	25	18	system	system	NOUN
amfbr-551	25	19	of	of	ADP
amfbr-551	25	20	simultaneous	simultaneous	ADJ
amfbr-551	25	21	equations	equation	NOUN
amfbr-551	25	22	is	be	AUX
amfbr-551	25	23	examined	examine	VERB
amfbr-551	25	24	in	in	ADP
amfbr-551	25	25	the	the	DET
amfbr-551	25	26	context	context	NOUN
amfbr-551	25	27	of	of	ADP
amfbr-551	25	28	the	the	DET
amfbr-551	25	29	extension	extension	NOUN
amfbr-551	25	30	of	of	ADP
amfbr-551	25	31	trilemma	trilemma	NOUN
amfbr-551	25	32	theory	theory	NOUN
amfbr-551	25	33	.	.	PUNCT
amfbr-551	26	1	it	it	PRON
amfbr-551	26	2	should	should	AUX
amfbr-551	26	3	be	be	AUX
amfbr-551	26	4	noted	note	VERB
amfbr-551	26	5	that	that	SCONJ
amfbr-551	26	6	in	in	ADP
amfbr-551	26	7	trilemma	trilemma	NOUN
amfbr-551	26	8	theory	theory	NOUN
amfbr-551	26	9	,	,	PUNCT
amfbr-551	26	10	the	the	DET
amfbr-551	26	11	emphasis	emphasis	NOUN
amfbr-551	26	12	is	be	AUX
amfbr-551	26	13	on	on	ADP
amfbr-551	26	14	exchange	exchange	NOUN
amfbr-551	26	15	rate	rate	NOUN
amfbr-551	26	16	stabilization	stabilization	NOUN
amfbr-551	26	17	(	(	PUNCT
amfbr-551	26	18	exchange	exchange	NOUN
amfbr-551	26	19	rate	rate	NOUN
amfbr-551	26	20	policy	policy	NOUN
amfbr-551	26	21	)	)	PUNCT
amfbr-551	26	22	,	,	PUNCT
amfbr-551	26	23	which	which	PRON
amfbr-551	26	24	is	be	AUX
amfbr-551	26	25	one	one	NUM
amfbr-551	26	26	of	of	ADP
amfbr-551	26	27	the	the	DET
amfbr-551	26	28	limitations	limitation	NOUN
amfbr-551	26	29	of	of	ADP
amfbr-551	26	30	trilemma	trilemma	NOUN
amfbr-551	26	31	ignored	ignore	VERB
amfbr-551	26	32	when	when	SCONJ
amfbr-551	26	33	the	the	DET
amfbr-551	26	34	exchange	exchange	NOUN
amfbr-551	26	35	rate	rate	NOUN
amfbr-551	26	36	floats	float	NOUN
amfbr-551	26	37	.	.	PUNCT
amfbr-551	27	1	since	since	SCONJ
amfbr-551	27	2	exchange	exchange	NOUN
amfbr-551	27	3	rate	rate	NOUN
amfbr-551	27	4	stabilization	stabilization	NOUN
amfbr-551	27	5	is	be	AUX
amfbr-551	27	6	important	important	ADJ
amfbr-551	27	7	in	in	ADP
amfbr-551	27	8	some	some	DET
amfbr-551	27	9	small	small	ADJ
amfbr-551	27	10	economies	economy	NOUN
amfbr-551	27	11	as	as	ADP
amfbr-551	27	12	an	an	DET
amfbr-551	27	13	anchor	anchor	NOUN
amfbr-551	27	14	of	of	ADP
amfbr-551	27	15	price	price	NOUN
amfbr-551	27	16	,	,	PUNCT
amfbr-551	27	17	any	any	DET
amfbr-551	27	18	variable	variable	ADJ
amfbr-551	27	19	influencing	influence	VERB
amfbr-551	27	20	exchange	exchange	NOUN
amfbr-551	27	21	rate	rate	NOUN
amfbr-551	27	22	stabilization	stabilization	NOUN
amfbr-551	27	23	is	be	AUX
amfbr-551	27	24	important	important	ADJ
amfbr-551	27	25	(	(	PUNCT
amfbr-551	27	26	maurice	maurice	NOUN
amfbr-551	27	27	,	,	PUNCT
amfbr-551	27	28	2005	2005	NUM
amfbr-551	27	29	)	)	PUNCT
amfbr-551	27	30	.	.	PUNCT
amfbr-551	28	1	2	2	X
amfbr-551	28	2	.	.	X
amfbr-551	28	3	literature	literature	NOUN
amfbr-551	28	4	review	review	PROPN
amfbr-551	28	5	according	accord	VERB
amfbr-551	28	6	to	to	ADP
amfbr-551	28	7	bidabad	bidabad	NOUN
amfbr-551	28	8	(	(	PUNCT
amfbr-551	28	9	2005	2005	NUM
amfbr-551	28	10	)	)	PUNCT
amfbr-551	28	11	the	the	DET
amfbr-551	28	12	items	item	NOUN
amfbr-551	28	13	affecting	affect	VERB
amfbr-551	28	14	balance	balance	NOUN
amfbr-551	28	15	of	of	ADP
amfbr-551	28	16	payment	payment	NOUN
amfbr-551	28	17	(	(	PUNCT
amfbr-551	28	18	bop	bop	INTJ
amfbr-551	28	19	)	)	PUNCT
amfbr-551	28	20	,	,	PUNCT
amfbr-551	28	21	import	import	NOUN
amfbr-551	28	22	and	and	CCONJ
amfbr-551	28	23	export	export	NOUN
amfbr-551	28	24	prices	price	NOUN
amfbr-551	28	25	,	,	PUNCT
amfbr-551	28	26	liquidity	liquidity	NOUN
amfbr-551	28	27	,	,	PUNCT
amfbr-551	28	28	interest	interest	NOUN
amfbr-551	28	29	rates	rate	NOUN
amfbr-551	28	30	,	,	PUNCT
amfbr-551	28	31	risk	risk	NOUN
amfbr-551	28	32	at	at	ADP
amfbr-551	28	33	both	both	CCONJ
amfbr-551	28	34	home	home	ADV
amfbr-551	28	35	and	and	CCONJ
amfbr-551	28	36	abroad	abroad	ADV
amfbr-551	28	37	,	,	PUNCT
amfbr-551	28	38	customs	custom	NOUN
amfbr-551	28	39	barriers	barrier	NOUN
amfbr-551	28	40	and	and	CCONJ
amfbr-551	28	41	restrictions	restriction	NOUN
amfbr-551	28	42	for	for	ADP
amfbr-551	28	43	export	export	NOUN
amfbr-551	28	44	and	and	CCONJ
amfbr-551	28	45	import	import	NOUN
amfbr-551	28	46	affect	affect	VERB
amfbr-551	28	47	the	the	DET
amfbr-551	28	48	exchange	exchange	NOUN
amfbr-551	28	49	rate	rate	NOUN
amfbr-551	28	50	.	.	PUNCT
amfbr-551	29	1	in	in	ADP
amfbr-551	29	2	this	this	DET
amfbr-551	29	3	study	study	NOUN
amfbr-551	29	4	,	,	PUNCT
amfbr-551	29	5	bidabad	bidabad	PROPN
amfbr-551	29	6	used	use	VERB
amfbr-551	29	7	the	the	DET
amfbr-551	29	8	equilibrium	equilibrium	NOUN
amfbr-551	29	9	condition	condition	NOUN
amfbr-551	29	10	of	of	ADP
amfbr-551	29	11	bop	bop	INTJ
amfbr-551	29	12	and	and	CCONJ
amfbr-551	29	13	using	use	VERB
amfbr-551	29	14	the	the	DET
amfbr-551	29	15	fischer	fischer	NOUN
amfbr-551	29	16	's	's	PART
amfbr-551	29	17	quantity	quantity	NOUN
amfbr-551	29	18	theory	theory	NOUN
amfbr-551	29	19	of	of	ADP
amfbr-551	29	20	money	money	NOUN
amfbr-551	29	21	(	(	PUNCT
amfbr-551	29	22	qtm	qtm	NOUN
amfbr-551	29	23	)	)	PUNCT
amfbr-551	29	24	(	(	PUNCT
amfbr-551	29	25	assuming	assume	VERB
amfbr-551	29	26	the	the	DET
amfbr-551	29	27	stability	stability	NOUN
amfbr-551	29	28	of	of	ADP
amfbr-551	29	29	velocity	velocity	NOUN
amfbr-551	29	30	of	of	ADP
amfbr-551	29	31	money	money	NOUN
amfbr-551	29	32	,	,	PUNCT
amfbr-551	29	33	prices	price	NOUN
amfbr-551	29	34	and	and	CCONJ
amfbr-551	29	35	earnings	earning	NOUN
amfbr-551	29	36	)	)	PUNCT
amfbr-551	29	37	to	to	PART
amfbr-551	29	38	determine	determine	VERB
amfbr-551	29	39	exchange	exchange	NOUN
amfbr-551	29	40	rate	rate	NOUN
amfbr-551	29	41	by	by	ADP
amfbr-551	29	42	the	the	DET
amfbr-551	29	43	imbalances	imbalance	NOUN
amfbr-551	29	44	of	of	ADP
amfbr-551	29	45	money	money	NOUN
amfbr-551	29	46	and	and	CCONJ
amfbr-551	29	47	goods	good	NOUN
amfbr-551	29	48	markets	market	NOUN
amfbr-551	29	49	at	at	ADP
amfbr-551	29	50	home	home	NOUN
amfbr-551	29	51	and	and	CCONJ
amfbr-551	29	52	abroad	abroad	ADV
amfbr-551	29	53	under	under	ADP
amfbr-551	29	54	specific	specific	ADJ
amfbr-551	29	55	assumptions	assumption	NOUN
amfbr-551	29	56	.	.	PUNCT
amfbr-551	30	1	according	accord	VERB
amfbr-551	30	2	to	to	ADP
amfbr-551	30	3	mundell	mundell	PROPN
amfbr-551	30	4	(	(	PUNCT
amfbr-551	30	5	1963	1963	NUM
amfbr-551	30	6	)	)	PUNCT
amfbr-551	30	7	;	;	PUNCT
amfbr-551	30	8	fleming	fleme	VERB
amfbr-551	30	9	(	(	PUNCT
amfbr-551	30	10	1962	1962	NUM
amfbr-551	30	11	)	)	PUNCT
amfbr-551	30	12	monetary	monetary	ADJ
amfbr-551	30	13	policy	policy	NOUN
amfbr-551	30	14	in	in	ADP
amfbr-551	30	15	terms	term	NOUN
amfbr-551	30	16	of	of	ADP
amfbr-551	30	17	floating	float	VERB
amfbr-551	30	18	exchange	exchange	NOUN
amfbr-551	30	19	rate	rate	NOUN
amfbr-551	30	20	and	and	CCONJ
amfbr-551	30	21	full	full	ADJ
amfbr-551	30	22	capital	capital	NOUN
amfbr-551	30	23	mobility	mobility	NOUN
amfbr-551	30	24	has	have	VERB
amfbr-551	30	25	the	the	DET
amfbr-551	30	26	most	most	ADJ
amfbr-551	30	27	effect	effect	NOUN
amfbr-551	30	28	on	on	ADP
amfbr-551	30	29	national	national	ADJ
amfbr-551	30	30	income	income	NOUN
amfbr-551	30	31	compared	compare	VERB
amfbr-551	30	32	to	to	ADP
amfbr-551	30	33	fixed	fix	VERB
amfbr-551	30	34	exchange	exchange	NOUN
amfbr-551	30	35	rate	rate	NOUN
amfbr-551	30	36	(	(	PUNCT
amfbr-551	30	37	in	in	ADP
amfbr-551	30	38	general	general	ADJ
amfbr-551	30	39	equilibrium	equilibrium	NOUN
amfbr-551	30	40	)	)	PUNCT
amfbr-551	30	41	.	.	PUNCT
amfbr-551	31	1	in	in	ADP
amfbr-551	31	2	sterilization	sterilization	NOUN
amfbr-551	31	3	conditions	condition	NOUN
amfbr-551	31	4	,	,	PUNCT
amfbr-551	31	5	the	the	DET
amfbr-551	31	6	volume	volume	NOUN
amfbr-551	31	7	of	of	ADP
amfbr-551	31	8	the	the	DET
amfbr-551	31	9	reserves	reserve	NOUN
amfbr-551	31	10	is	be	AUX
amfbr-551	31	11	not	not	PART
amfbr-551	31	12	effective	effective	ADJ
amfbr-551	31	13	on	on	ADP
amfbr-551	31	14	the	the	DET
amfbr-551	31	15	monetary	monetary	ADJ
amfbr-551	31	16	basis	basis	NOUN
amfbr-551	31	17	,	,	PUNCT
amfbr-551	31	18	in	in	ADP
amfbr-551	31	19	other	other	ADJ
amfbr-551	31	20	words	word	NOUN
amfbr-551	31	21	,	,	PUNCT
amfbr-551	31	22	if	if	SCONJ
amfbr-551	31	23	the	the	DET
amfbr-551	31	24	monetary	monetary	ADJ
amfbr-551	31	25	policy	policy	NOUN
amfbr-551	31	26	is	be	AUX
amfbr-551	31	27	expanded	expand	VERB
amfbr-551	31	28	under	under	ADP
amfbr-551	31	29	the	the	DET
amfbr-551	31	30	fixed	fix	VERB
amfbr-551	31	31	exchange	exchange	NOUN
amfbr-551	31	32	rate	rate	NOUN
amfbr-551	31	33	regime	regime	NOUN
amfbr-551	31	34	,	,	PUNCT
amfbr-551	31	35	reducing	reduce	VERB
amfbr-551	31	36	the	the	DET
amfbr-551	31	37	reserves	reserve	NOUN
amfbr-551	31	38	having	have	VERB
amfbr-551	31	39	a	a	DET
amfbr-551	31	40	negative	negative	ADJ
amfbr-551	31	41	impact	impact	NOUN
amfbr-551	31	42	on	on	ADP
amfbr-551	31	43	the	the	DET
amfbr-551	31	44	monetary	monetary	ADJ
amfbr-551	31	45	base	base	NOUN
amfbr-551	31	46	reduces	reduce	VERB
amfbr-551	31	47	the	the	DET
amfbr-551	31	48	liquidity	liquidity	NOUN
amfbr-551	31	49	that	that	PRON
amfbr-551	31	50	should	should	AUX
amfbr-551	31	51	be	be	AUX
amfbr-551	31	52	offset	offset	VERB
amfbr-551	31	53	by	by	ADP
amfbr-551	31	54	the	the	DET
amfbr-551	31	55	injection	injection	NOUN
amfbr-551	31	56	of	of	ADP
amfbr-551	31	57	new	new	ADJ
amfbr-551	31	58	money.the	money.the	DET
amfbr-551	31	59	policy	policy	NOUN
amfbr-551	31	60	should	should	AUX
amfbr-551	31	61	be	be	AUX
amfbr-551	31	62	short	short	ADJ
amfbr-551	31	63	-	-	PUNCT
amfbr-551	31	64	term	term	NOUN
amfbr-551	31	65	because	because	SCONJ
amfbr-551	31	66	,	,	PUNCT
amfbr-551	31	67	by	by	ADP
amfbr-551	31	68	continuously	continuously	ADV
amfbr-551	31	69	injecting	inject	VERB
amfbr-551	31	70	liquidity	liquidity	NOUN
amfbr-551	31	71	in	in	ADP
amfbr-551	31	72	order	order	NOUN
amfbr-551	31	73	to	to	PART
amfbr-551	31	74	counteract	counteract	VERB
amfbr-551	31	75	the	the	DET
amfbr-551	31	76	decline	decline	NOUN
amfbr-551	31	77	in	in	ADP
amfbr-551	31	78	the	the	DET
amfbr-551	31	79	reserves	reserve	NOUN
amfbr-551	31	80	and	and	CCONJ
amfbr-551	31	81	its	its	PRON
amfbr-551	31	82	monetary	monetary	ADJ
amfbr-551	31	83	effect	effect	NOUN
amfbr-551	31	84	,	,	PUNCT
amfbr-551	31	85	the	the	DET
amfbr-551	31	86	reserves	reserve	NOUN
amfbr-551	31	87	are	be	AUX
amfbr-551	31	88	continually	continually	ADV
amfbr-551	31	89	diminished	diminish	VERB
amfbr-551	31	90	,	,	PUNCT
amfbr-551	31	91	whereas	whereas	SCONJ
amfbr-551	31	92	in	in	ADP
amfbr-551	31	93	nonsterilization	nonsterilization	NOUN
amfbr-551	31	94	and	and	CCONJ
amfbr-551	31	95	fixed	fix	VERB
amfbr-551	31	96	exchange	exchange	NOUN
amfbr-551	31	97	rate	rate	NOUN
amfbr-551	31	98	regimes	regime	NOUN
amfbr-551	31	99	,	,	PUNCT
amfbr-551	31	100	the	the	DET
amfbr-551	31	101	reduction	reduction	NOUN
amfbr-551	31	102	of	of	ADP
amfbr-551	31	103	foreign	foreign	ADJ
amfbr-551	31	104	exchange	exchange	NOUN
amfbr-551	31	105	reserves	reserve	NOUN
amfbr-551	31	106	is	be	AUX
amfbr-551	31	107	effective	effective	ADJ
amfbr-551	31	108	on	on	ADP
amfbr-551	31	109	a	a	DET
amfbr-551	31	110	monetary	monetary	ADJ
amfbr-551	31	111	basis	basis	NOUN
amfbr-551	31	112	and	and	CCONJ
amfbr-551	31	113	the	the	DET
amfbr-551	31	114	effect	effect	NOUN
amfbr-551	31	115	of	of	ADP
amfbr-551	31	116	monetary	monetary	ADJ
amfbr-551	31	117	policy	policy	NOUN
amfbr-551	31	118	is	be	AUX
amfbr-551	31	119	neutralized	neutralize	VERB
amfbr-551	31	120	.	.	PUNCT
amfbr-551	32	1	fixed	fix	VERB
amfbr-551	32	2	exchange	exchange	NOUN
amfbr-551	32	3	rate	rate	NOUN
amfbr-551	32	4	and	and	CCONJ
amfbr-551	32	5	the	the	DET
amfbr-551	32	6	effects	effect	NOUN
amfbr-551	32	7	of	of	ADP
amfbr-551	32	8	sterilization	sterilization	NOUN
amfbr-551	32	9	of	of	ADP
amfbr-551	32	10	the	the	DET
amfbr-551	32	11	reserves	reserve	NOUN
amfbr-551	32	12	to	to	PART
amfbr-551	32	13	keep	keep	VERB
amfbr-551	32	14	equilibrium	equilibrium	NOUN
amfbr-551	32	15	is	be	AUX
amfbr-551	32	16	one	one	NUM
amfbr-551	32	17	of	of	ADP
amfbr-551	32	18	the	the	DET
amfbr-551	32	19	reasons	reason	NOUN
amfbr-551	32	20	for	for	ADP
amfbr-551	32	21	limiting	limit	VERB
amfbr-551	32	22	trilemma	trilemma	NOUN
amfbr-551	32	23	in	in	ADP
amfbr-551	32	24	concurrent	concurrent	ADJ
amfbr-551	32	25	interest	interest	NOUN
amfbr-551	32	26	rate	rate	NOUN
amfbr-551	32	27	and	and	CCONJ
amfbr-551	32	28	capital	capital	NOUN
amfbr-551	32	29	account	account	NOUN
amfbr-551	32	30	policy	policy	NOUN
amfbr-551	32	31	making	making	NOUN
amfbr-551	32	32	.	.	PUNCT
amfbr-551	33	1	frankel	frankel	NOUN
amfbr-551	33	2	(	(	PUNCT
amfbr-551	33	3	1983	1983	NUM
amfbr-551	33	4	)	)	PUNCT
amfbr-551	33	5	view	view	NOUN
amfbr-551	33	6	is	be	AUX
amfbr-551	33	7	another	another	DET
amfbr-551	33	8	important	important	ADJ
amfbr-551	33	9	monetary	monetary	ADJ
amfbr-551	33	10	base	base	NOUN
amfbr-551	33	11	theory	theory	NOUN
amfbr-551	33	12	in	in	ADP
amfbr-551	33	13	determination	determination	NOUN
amfbr-551	33	14	of	of	ADP
amfbr-551	33	15	exchange	exchange	NOUN
amfbr-551	33	16	rate	rate	NOUN
amfbr-551	33	17	.	.	PUNCT
amfbr-551	34	1	in	in	ADP
amfbr-551	34	2	general	general	ADJ
amfbr-551	34	3	,	,	PUNCT
amfbr-551	34	4	according	accord	VERB
amfbr-551	34	5	to	to	ADP
amfbr-551	34	6	the	the	DET
amfbr-551	34	7	theory	theory	NOUN
amfbr-551	34	8	,	,	PUNCT
amfbr-551	34	9	the	the	DET
amfbr-551	34	10	factors	factor	NOUN
amfbr-551	34	11	influencing	influence	VERB
amfbr-551	34	12	the	the	DET
amfbr-551	34	13	exchange	exchange	NOUN
amfbr-551	34	14	rate	rate	NOUN
amfbr-551	34	15	and	and	CCONJ
amfbr-551	34	16	bop	bop	NOUN
amfbr-551	34	17	are	be	AUX
amfbr-551	34	18	the	the	DET
amfbr-551	34	19	relative	relative	ADJ
amfbr-551	34	20	supply	supply	NOUN
amfbr-551	34	21	and	and	CCONJ
amfbr-551	34	22	demand	demand	NOUN
amfbr-551	34	23	for	for	ADP
amfbr-551	34	24	money	money	NOUN
amfbr-551	34	25	.	.	PUNCT
amfbr-551	35	1	in	in	ADP
amfbr-551	35	2	this	this	DET
amfbr-551	35	3	model	model	NOUN
amfbr-551	35	4	,	,	PUNCT
amfbr-551	35	5	for	for	ADP
amfbr-551	35	6	the	the	DET
amfbr-551	35	7	stability	stability	NOUN
amfbr-551	35	8	of	of	ADP
amfbr-551	35	9	money	money	NOUN
amfbr-551	35	10	demand	demand	NOUN
amfbr-551	35	11	function	function	NOUN
amfbr-551	35	12	,	,	PUNCT
amfbr-551	35	13	the	the	DET
amfbr-551	35	14	qtm	qtm	NOUN
amfbr-551	35	15	is	be	AUX
amfbr-551	35	16	used	use	VERB
amfbr-551	35	17	as	as	ADP
amfbr-551	35	18	the	the	DET
amfbr-551	35	19	basic	basic	ADJ
amfbr-551	35	20	theory	theory	NOUN
amfbr-551	35	21	of	of	ADP
amfbr-551	35	22	money	money	NOUN
amfbr-551	35	23	demand	demand	NOUN
amfbr-551	35	24	function	function	NOUN
amfbr-551	35	25	(	(	PUNCT
amfbr-551	35	26	first	first	ADJ
amfbr-551	35	27	assumption	assumption	NOUN
amfbr-551	35	28	)	)	PUNCT
amfbr-551	35	29	.	.	PUNCT
amfbr-551	36	1	according	accord	VERB
amfbr-551	36	2	to	to	ADP
amfbr-551	36	3	this	this	DET
amfbr-551	36	4	view	view	NOUN
amfbr-551	36	5	,	,	PUNCT
amfbr-551	36	6	the	the	DET
amfbr-551	36	7	economy	economy	NOUN
amfbr-551	36	8	is	be	AUX
amfbr-551	36	9	permanently	permanently	ADV
amfbr-551	36	10	in	in	ADP
amfbr-551	36	11	full	full	ADJ
amfbr-551	36	12	employment	employment	NOUN
amfbr-551	36	13	as	as	SCONJ
amfbr-551	36	14	prices	price	NOUN
amfbr-551	36	15	and	and	CCONJ
amfbr-551	36	16	wages	wage	NOUN
amfbr-551	36	17	adjusted	adjust	VERB
amfbr-551	36	18	rapidly	rapidly	ADV
amfbr-551	36	19	(	(	PUNCT
amfbr-551	36	20	second	second	ADJ
amfbr-551	36	21	hypothesis	hypothesis	NOUN
amfbr-551	36	22	)	)	PUNCT
amfbr-551	36	23	.	.	PUNCT
amfbr-551	37	1	also	also	ADV
amfbr-551	37	2	the	the	DET
amfbr-551	37	3	theory	theory	NOUN
amfbr-551	37	4	of	of	ADP
amfbr-551	37	5	purchasing	purchase	VERB
amfbr-551	37	6	power	power	NOUN
amfbr-551	37	7	parity	parity	NOUN
amfbr-551	37	8	(	(	PUNCT
amfbr-551	37	9	ppp	ppp	NOUN
amfbr-551	37	10	)	)	PUNCT
amfbr-551	37	11	(	(	PUNCT
amfbr-551	37	12	third	third	ADJ
amfbr-551	37	13	assumption	assumption	NOUN
amfbr-551	37	14	)	)	PUNCT
amfbr-551	37	15	is	be	AUX
amfbr-551	37	16	crucial	crucial	ADJ
amfbr-551	37	17	to	to	PART
amfbr-551	37	18	determine	determine	VERB
amfbr-551	37	19	the	the	DET
amfbr-551	37	20	exchange	exchange	NOUN
amfbr-551	37	21	rate	rate	NOUN
amfbr-551	37	22	.	.	PUNCT
amfbr-551	38	1	in	in	ADP
amfbr-551	38	2	the	the	DET
amfbr-551	38	3	monetary	monetary	ADJ
amfbr-551	38	4	bop	bop	NOUN
amfbr-551	38	5	model	model	PROPN
amfbr-551	38	6	,	,	PUNCT
amfbr-551	38	7	the	the	DET
amfbr-551	38	8	relative	relative	ADJ
amfbr-551	38	9	increase	increase	NOUN
amfbr-551	38	10	in	in	ADP
amfbr-551	38	11	the	the	DET
amfbr-551	38	12	supply	supply	NOUN
amfbr-551	38	13	of	of	ADP
amfbr-551	38	14	money	money	NOUN
amfbr-551	38	15	relative	relative	ADJ
amfbr-551	38	16	to	to	ADP
amfbr-551	38	17	the	the	DET
amfbr-551	38	18	demand	demand	NOUN
amfbr-551	38	19	for	for	ADP
amfbr-551	38	20	money	money	NOUN
amfbr-551	38	21	(	(	PUNCT
amfbr-551	38	22	the	the	DET
amfbr-551	38	23	increase	increase	NOUN
amfbr-551	38	24	in	in	ADP
amfbr-551	38	25	the	the	DET
amfbr-551	38	26	money	money	NOUN
amfbr-551	38	27	supply	supply	NOUN
amfbr-551	38	28	compared	compare	VERB
amfbr-551	38	29	to	to	ADP
amfbr-551	38	30	the	the	DET
amfbr-551	38	31	trading	trading	NOUN
amfbr-551	38	32	country	country	NOUN
amfbr-551	38	33	)	)	PUNCT
amfbr-551	38	34	is	be	AUX
amfbr-551	38	35	effective	effective	ADJ
amfbr-551	38	36	in	in	ADP
amfbr-551	38	37	raising	raise	VERB
amfbr-551	38	38	the	the	DET
amfbr-551	38	39	exchange	exchange	NOUN
amfbr-551	38	40	rate	rate	NOUN
amfbr-551	38	41	.	.	PUNCT
amfbr-551	39	1	it	it	PRON
amfbr-551	39	2	is	be	AUX
amfbr-551	39	3	therefore	therefore	ADV
amfbr-551	39	4	inferred	infer	VERB
amfbr-551	39	5	that	that	SCONJ
amfbr-551	39	6	any	any	PRON
amfbr-551	39	7	of	of	ADP
amfbr-551	39	8	the	the	DET
amfbr-551	39	9	factors	factor	NOUN
amfbr-551	39	10	affecting	affect	VERB
amfbr-551	39	11	money	money	NOUN
amfbr-551	39	12	supply	supply	NOUN
amfbr-551	39	13	and	and	CCONJ
amfbr-551	39	14	demand	demand	NOUN
amfbr-551	39	15	(	(	PUNCT
amfbr-551	39	16	money	money	NOUN
amfbr-551	39	17	supply	supply	NOUN
amfbr-551	39	18	sources	source	NOUN
amfbr-551	39	19	including	include	VERB
amfbr-551	39	20	net	net	ADJ
amfbr-551	39	21	domestic	domestic	ADJ
amfbr-551	39	22	and	and	CCONJ
amfbr-551	39	23	foreign	foreign	ADJ
amfbr-551	39	24	assets	asset	NOUN
amfbr-551	39	25	of	of	ADP
amfbr-551	39	26	the	the	DET
amfbr-551	39	27	banking	banking	NOUN
amfbr-551	39	28	system	system	NOUN
amfbr-551	39	29	)	)	PUNCT
amfbr-551	39	30	can	can	AUX
amfbr-551	39	31	lead	lead	VERB
amfbr-551	39	32	to	to	ADP
amfbr-551	39	33	exchange	exchange	VERB
amfbr-551	39	34	rate	rate	NOUN
amfbr-551	39	35	volatility	volatility	NOUN
amfbr-551	39	36	and	and	CCONJ
amfbr-551	39	37	force	force	VERB
amfbr-551	39	38	the	the	DET
amfbr-551	39	39	policy	policy	NOUN
amfbr-551	39	40	maker	maker	NOUN
amfbr-551	39	41	to	to	PART
amfbr-551	39	42	intervene	intervene	VERB
amfbr-551	39	43	,	,	PUNCT
amfbr-551	39	44	or	or	CCONJ
amfbr-551	39	45	without	without	ADP
amfbr-551	39	46	government	government	NOUN
amfbr-551	39	47	intervention	intervention	NOUN
amfbr-551	39	48	leading	lead	VERB
amfbr-551	39	49	to	to	ADP
amfbr-551	39	50	turbulence	turbulence	NOUN
amfbr-551	39	51	,	,	PUNCT
amfbr-551	39	52	and	and	CCONJ
amfbr-551	39	53	the	the	DET
amfbr-551	39	54	currency	currency	NOUN
amfbr-551	39	55	crisis	crisis	NOUN
amfbr-551	39	56	in	in	ADP
amfbr-551	39	57	the	the	DET
amfbr-551	39	58	economy	economy	NOUN
amfbr-551	39	59	as	as	ADV
amfbr-551	39	60	well	well	ADV
amfbr-551	39	61	.	.	PUNCT
amfbr-551	40	1	the	the	DET
amfbr-551	40	2	current	current	ADJ
amfbr-551	40	3	account	account	NOUN
amfbr-551	40	4	deficit	deficit	NOUN
amfbr-551	40	5	is	be	AUX
amfbr-551	40	6	one	one	NUM
amfbr-551	40	7	of	of	ADP
amfbr-551	40	8	the	the	DET
amfbr-551	40	9	factors	factor	NOUN
amfbr-551	40	10	influencing	influence	VERB
amfbr-551	40	11	the	the	DET
amfbr-551	40	12	exchange	exchange	NOUN
amfbr-551	40	13	rate	rate	NOUN
amfbr-551	40	14	in	in	ADP
amfbr-551	40	15	the	the	DET
amfbr-551	40	16	theoretical	theoretical	ADJ
amfbr-551	40	17	literature	literature	NOUN
amfbr-551	40	18	of	of	ADP
amfbr-551	40	19	the	the	DET
amfbr-551	40	20	monetary	monetary	ADJ
amfbr-551	40	21	model1	model1	NOUN
amfbr-551	40	22	.	.	PROPN
amfbr-551	40	23	1	1	NUM
amfbr-551	40	24	based	base	VERB
amfbr-551	40	25	on	on	ADP
amfbr-551	40	26	the	the	DET
amfbr-551	40	27	monetary	monetary	ADJ
amfbr-551	40	28	model	model	NOUN
amfbr-551	40	29	of	of	ADP
amfbr-551	40	30	exchange	exchange	NOUN
amfbr-551	40	31	rate	rate	NOUN
amfbr-551	40	32	,	,	PUNCT
amfbr-551	40	33	one	one	PRON
amfbr-551	40	34	can	can	AUX
amfbr-551	40	35	see	see	VERB
amfbr-551	40	36	how	how	SCONJ
amfbr-551	40	37	changes	change	NOUN
amfbr-551	40	38	in	in	ADP
amfbr-551	40	39	the	the	DET
amfbr-551	40	40	money	money	NOUN
amfbr-551	40	41	supply	supply	NOUN
amfbr-551	40	42	stimulate	stimulate	VERB
amfbr-551	40	43	the	the	DET
amfbr-551	40	44	exchange	exchange	NOUN
amfbr-551	40	45	rate.the	rate.the	DET
amfbr-551	40	46	demand	demand	NOUN
amfbr-551	40	47	(	(	PUNCT
amfbr-551	40	48	md	md	PROPN
amfbr-551	40	49	)	)	PUNCT
amfbr-551	40	50	and	and	CCONJ
amfbr-551	40	51	supply	supply	NOUN
amfbr-551	40	52	(	(	PUNCT
amfbr-551	40	53	ms	ms	NOUN
amfbr-551	40	54	)	)	PUNCT
amfbr-551	40	55	of	of	ADP
amfbr-551	40	56	money	money	NOUN
amfbr-551	40	57	equations	equation	NOUN
amfbr-551	40	58	in	in	ADP
amfbr-551	40	59	terms	term	NOUN
amfbr-551	40	60	of	of	ADP
amfbr-551	40	61	relative	relative	ADJ
amfbr-551	40	62	equilibrium	equilibrium	NOUN
amfbr-551	40	63	(	(	PUNCT
amfbr-551	40	64	based	base	VERB
amfbr-551	40	65	on	on	ADP
amfbr-551	40	66	qtm	qtm	NOUN
amfbr-551	40	67	)	)	PUNCT
amfbr-551	40	68	are	be	AUX
amfbr-551	40	69	defined	define	VERB
amfbr-551	40	70	as	as	SCONJ
amfbr-551	40	71	follows	follow	VERB
amfbr-551	40	72	for	for	ADP
amfbr-551	40	73	the	the	DET
amfbr-551	40	74	domestic	domestic	ADJ
amfbr-551	40	75	and	and	CCONJ
amfbr-551	40	76	foreign	foreign	ADJ
amfbr-551	40	77	country	country	NOUN
amfbr-551	40	78	:	:	PUNCT
amfbr-551	41	1	md=	md=	NOUN
amfbr-551	41	2	kpy	kpy	PROPN
amfbr-551	41	3	md*=	md*=	INTJ
amfbr-551	42	1	k*p*y	k*p*y	INTJ
amfbr-551	43	1	k	k	PROPN
amfbr-551	43	2	,	,	PUNCT
amfbr-551	43	3	k*>0	k*>0	PROPN
amfbr-551	43	4	where	where	SCONJ
amfbr-551	43	5	md	md	PROPN
amfbr-551	43	6	is	be	AUX
amfbr-551	43	7	money	money	NOUN
amfbr-551	43	8	demand	demand	NOUN
amfbr-551	43	9	,	,	PUNCT
amfbr-551	43	10	k	k	PROPN
amfbr-551	43	11	is	be	AUX
amfbr-551	43	12	income	income	NOUN
amfbr-551	43	13	elasticity	elasticity	NOUN
amfbr-551	43	14	of	of	ADP
amfbr-551	43	15	money	money	NOUN
amfbr-551	43	16	demand	demand	NOUN
amfbr-551	43	17	,	,	PUNCT
amfbr-551	43	18	p	p	NOUN
amfbr-551	43	19	is	be	AUX
amfbr-551	43	20	local	local	ADJ
amfbr-551	43	21	prices	price	NOUN
amfbr-551	43	22	index	index	NOUN
amfbr-551	43	23	,	,	PUNCT
amfbr-551	43	24	y	y	PROPN
amfbr-551	43	25	is	be	AUX
amfbr-551	43	26	real	real	ADJ
amfbr-551	43	27	national	national	ADJ
amfbr-551	43	28	income	income	NOUN
amfbr-551	43	29	,	,	PUNCT
amfbr-551	43	30	ms	ms	PROPN
amfbr-551	43	31	is	be	AUX
amfbr-551	43	32	money	money	NOUN
amfbr-551	43	33	supply	supply	NOUN
amfbr-551	43	34	and	and	CCONJ
amfbr-551	43	35	e	e	NOUN
amfbr-551	43	36	is	be	AUX
amfbr-551	43	37	the	the	DET
amfbr-551	43	38	exchange	exchange	NOUN
amfbr-551	43	39	rate	rate	NOUN
amfbr-551	43	40	(	(	PUNCT
amfbr-551	43	41	the	the	DET
amfbr-551	43	42	asterisk	asterisk	NOUN
amfbr-551	43	43	(	(	PUNCT
amfbr-551	43	44	*	*	PUNCT
amfbr-551	43	45	)	)	PUNCT
amfbr-551	43	46	represents	represent	VERB
amfbr-551	43	47	foreign	foreign	ADJ
amfbr-551	43	48	countries	country	NOUN
amfbr-551	43	49	variables	variable	NOUN
amfbr-551	43	50	)	)	PUNCT
amfbr-551	43	51	.	.	PUNCT
amfbr-551	44	1	in	in	ADP
amfbr-551	44	2	equilibrium	equilibrium	NOUN
amfbr-551	44	3	case	case	NOUN
amfbr-551	44	4	,	,	PUNCT
amfbr-551	44	5	equality	equality	NOUN
amfbr-551	44	6	of	of	ADP
amfbr-551	44	7	supply	supply	NOUN
amfbr-551	44	8	and	and	CCONJ
amfbr-551	44	9	demand	demand	NOUN
amfbr-551	44	10	of	of	ADP
amfbr-551	44	11	domestic	domestic	ADJ
amfbr-551	44	12	and	and	CCONJ
amfbr-551	44	13	foreign	foreign	ADJ
amfbr-551	44	14	currency	currency	NOUN
amfbr-551	44	15	,	,	PUNCT
amfbr-551	44	16	the	the	DET
amfbr-551	44	17	following	follow	VERB
amfbr-551	44	18	equations	equation	NOUN
amfbr-551	44	19	exist	exist	VERB
amfbr-551	44	20	:	:	PUNCT
amfbr-551	45	1	ms	ms	PROPN
amfbr-551	45	2	=	=	PROPN
amfbr-551	45	3	md	md	PROPN
amfbr-551	45	4	ms*=md	ms*=md	PROPN
amfbr-551	45	5	*	*	PUNCT
amfbr-551	46	1	copyright	copyright	NOUN
amfbr-551	46	2	©	©	PROPN
amfbr-551	46	3	cc	cc	PROPN
amfbr-551	46	4	-	-	PUNCT
amfbr-551	46	5	by	by	ADP
amfbr-551	46	6	-	-	PUNCT
amfbr-551	46	7	nc	nc	PROPN
amfbr-551	46	8	2020	2020	NUM
amfbr-551	46	9	,	,	PUNCT
amfbr-551	46	10	cribfb	cribfb	PROPN
amfbr-551	46	11	|	|	ADV
amfbr-551	46	12	amfbr	amfbr	ADJ
amfbr-551	46	13	www.cribfb.com/journal/index.php/amfbr	www.cribfb.com/journal/index.php/amfbr	PROPN
amfbr-551	46	14	american	american	PROPN
amfbr-551	46	15	finance	finance	PROPN
amfbr-551	46	16	&	&	CCONJ
amfbr-551	46	17	banking	banking	PROPN
amfbr-551	46	18	review	review	PROPN
amfbr-551	46	19	vol	vol	NOUN
amfbr-551	46	20	.	.	PROPN
amfbr-551	47	1	5	5	NUM
amfbr-551	47	2	,	,	PUNCT
amfbr-551	47	3	no	no	INTJ
amfbr-551	47	4	.	.	NOUN
amfbr-551	47	5	1	1	NUM
amfbr-551	47	6	;	;	PUNCT
amfbr-551	47	7	2020	2020	NUM
amfbr-551	47	8	29	29	NUM
amfbr-551	47	9	in	in	ADP
amfbr-551	47	10	the	the	DET
amfbr-551	47	11	research	research	NOUN
amfbr-551	47	12	of	of	ADP
amfbr-551	47	13	mussa	mussa	NOUN
amfbr-551	47	14	(	(	PUNCT
amfbr-551	47	15	1976	1976	NUM
amfbr-551	47	16	)	)	PUNCT
amfbr-551	47	17	four	four	NUM
amfbr-551	47	18	main	main	ADJ
amfbr-551	47	19	points	point	NOUN
amfbr-551	47	20	are	be	AUX
amfbr-551	47	21	made	make	VERB
amfbr-551	47	22	in	in	ADP
amfbr-551	47	23	the	the	DET
amfbr-551	47	24	development	development	NOUN
amfbr-551	47	25	of	of	ADP
amfbr-551	47	26	the	the	DET
amfbr-551	47	27	fundamental	fundamental	ADJ
amfbr-551	47	28	principles	principle	NOUN
amfbr-551	47	29	of	of	ADP
amfbr-551	47	30	the	the	DET
amfbr-551	47	31	monetary	monetary	ADJ
amfbr-551	47	32	base	base	NOUN
amfbr-551	47	33	of	of	ADP
amfbr-551	47	34	bop	bop	NOUN
amfbr-551	47	35	method	method	NOUN
amfbr-551	47	36	:	:	PUNCT
amfbr-551	47	37			PUNCT
amfbr-551	47	38	the	the	DET
amfbr-551	47	39	exchange	exchange	NOUN
amfbr-551	47	40	rate	rate	NOUN
amfbr-551	47	41	is	be	AUX
amfbr-551	47	42	the	the	DET
amfbr-551	47	43	relative	relative	ADJ
amfbr-551	47	44	value	value	NOUN
amfbr-551	47	45	of	of	ADP
amfbr-551	47	46	national	national	ADJ
amfbr-551	47	47	currencies	currency	NOUN
amfbr-551	47	48	rather	rather	ADV
amfbr-551	47	49	than	than	ADP
amfbr-551	47	50	national	national	ADJ
amfbr-551	47	51	product	product	NOUN
amfbr-551	47	52	.	.	PUNCT
amfbr-551	48	1			PUNCT
amfbr-551	49	1	the	the	DET
amfbr-551	49	2	exchange	exchange	NOUN
amfbr-551	49	3	rate	rate	NOUN
amfbr-551	49	4	is	be	AUX
amfbr-551	49	5	strongly	strongly	ADV
amfbr-551	49	6	influenced	influence	VERB
amfbr-551	49	7	by	by	ADP
amfbr-551	49	8	the	the	DET
amfbr-551	49	9	future	future	ADJ
amfbr-551	49	10	expectations	expectation	NOUN
amfbr-551	49	11	of	of	ADP
amfbr-551	49	12	asset	asset	NOUN
amfbr-551	49	13	owners	owner	NOUN
amfbr-551	49	14	that	that	PRON
amfbr-551	49	15	are	be	AUX
amfbr-551	49	16	affected	affect	VERB
amfbr-551	49	17	by	by	ADP
amfbr-551	49	18	the	the	DET
amfbr-551	49	19	exchange	exchange	NOUN
amfbr-551	49	20	rate	rate	NOUN
amfbr-551	49	21	,	,	PUNCT
amfbr-551	49	22	and	and	CCONJ
amfbr-551	49	23	these	these	DET
amfbr-551	49	24	expectations	expectation	NOUN
amfbr-551	49	25	are	be	AUX
amfbr-551	49	26	influenced	influence	VERB
amfbr-551	49	27	by	by	ADP
amfbr-551	49	28	monetary	monetary	ADJ
amfbr-551	49	29	policy	policy	NOUN
amfbr-551	49	30	.	.	PUNCT
amfbr-551	50	1			PART
amfbr-551	51	1	real	real	ADJ
amfbr-551	51	2	factors	factor	NOUN
amfbr-551	51	3	,	,	PUNCT
amfbr-551	51	4	as	as	ADP
amfbr-551	51	5	same	same	ADJ
amfbr-551	51	6	monetary	monetary	ADJ
amfbr-551	51	7	factors	factor	NOUN
amfbr-551	51	8	as	as	ADP
amfbr-551	51	9	,	,	PUNCT
amfbr-551	51	10	influence	influence	VERB
amfbr-551	51	11	the	the	DET
amfbr-551	51	12	behavior	behavior	NOUN
amfbr-551	51	13	of	of	ADP
amfbr-551	51	14	exchange	exchange	NOUN
amfbr-551	51	15	rate	rate	NOUN
amfbr-551	51	16	.	.	PUNCT
amfbr-551	52	1			PUNCT
amfbr-551	53	1	the	the	DET
amfbr-551	53	2	contradiction	contradiction	NOUN
amfbr-551	53	3	in	in	ADP
amfbr-551	53	4	the	the	DET
amfbr-551	53	5	nature	nature	NOUN
amfbr-551	53	6	of	of	ADP
amfbr-551	53	7	fixed	fix	VERB
amfbr-551	53	8	exchange	exchange	NOUN
amfbr-551	53	9	rate	rate	NOUN
amfbr-551	53	10	policy	policy	NOUN
amfbr-551	53	11	(	(	PUNCT
amfbr-551	53	12	trilemma	trilemma	NOUN
amfbr-551	53	13	)	)	PUNCT
amfbr-551	53	14	,	,	PUNCT
amfbr-551	53	15	though	though	SCONJ
amfbr-551	53	16	reduced	reduce	VERB
amfbr-551	53	17	by	by	ADP
amfbr-551	53	18	the	the	DET
amfbr-551	53	19	advent	advent	NOUN
amfbr-551	53	20	of	of	ADP
amfbr-551	53	21	managed	manage	VERB
amfbr-551	53	22	floating	float	VERB
amfbr-551	53	23	exchange	exchange	NOUN
amfbr-551	53	24	rates	rate	NOUN
amfbr-551	53	25	,	,	PUNCT
amfbr-551	53	26	but	but	CCONJ
amfbr-551	53	27	it	it	PRON
amfbr-551	53	28	has	have	AUX
amfbr-551	53	29	not	not	PART
amfbr-551	53	30	been	be	AUX
amfbr-551	53	31	entirely	entirely	ADV
amfbr-551	53	32	eliminated	eliminate	VERB
amfbr-551	53	33	.	.	PUNCT
amfbr-551	54	1	this	this	DET
amfbr-551	54	2	paper	paper	NOUN
amfbr-551	54	3	deals	deal	VERB
amfbr-551	54	4	with	with	ADP
amfbr-551	54	5	some	some	DET
amfbr-551	54	6	applications	application	NOUN
amfbr-551	54	7	of	of	ADP
amfbr-551	54	8	rational	rational	ADJ
amfbr-551	54	9	expectations	expectation	NOUN
amfbr-551	54	10	in	in	ADP
amfbr-551	54	11	exchange	exchange	NOUN
amfbr-551	54	12	rates	rate	NOUN
amfbr-551	54	13	.	.	PUNCT
amfbr-551	55	1	according	accord	VERB
amfbr-551	55	2	to	to	ADP
amfbr-551	55	3	maurice	maurice	PROPN
amfbr-551	55	4	(	(	PUNCT
amfbr-551	55	5	2005	2005	NUM
amfbr-551	55	6	)	)	PUNCT
amfbr-551	55	7	studies	study	NOUN
amfbr-551	55	8	,	,	PUNCT
amfbr-551	55	9	the	the	DET
amfbr-551	55	10	choice	choice	NOUN
amfbr-551	55	11	of	of	ADP
amfbr-551	55	12	a	a	DET
amfbr-551	55	13	fixed	fix	VERB
amfbr-551	55	14	exchange	exchange	NOUN
amfbr-551	55	15	rate	rate	NOUN
amfbr-551	55	16	regime	regime	NOUN
amfbr-551	55	17	in	in	ADP
amfbr-551	55	18	the	the	DET
amfbr-551	55	19	periphery	periphery	ADJ
amfbr-551	55	20	economies	economy	NOUN
amfbr-551	55	21	makes	make	VERB
amfbr-551	55	22	monetary	monetary	ADJ
amfbr-551	55	23	policy	policy	NOUN
amfbr-551	55	24	serve	serve	VERB
amfbr-551	55	25	to	to	PART
amfbr-551	55	26	stabilize	stabilize	VERB
amfbr-551	55	27	the	the	DET
amfbr-551	55	28	exchange	exchange	NOUN
amfbr-551	55	29	rate	rate	NOUN
amfbr-551	55	30	.	.	PUNCT
amfbr-551	56	1	in	in	ADP
amfbr-551	56	2	their	their	PRON
amfbr-551	56	3	work	work	NOUN
amfbr-551	56	4	,	,	PUNCT
amfbr-551	56	5	the	the	DET
amfbr-551	56	6	reasons	reason	NOUN
amfbr-551	56	7	for	for	ADP
amfbr-551	56	8	choosing	choose	VERB
amfbr-551	56	9	a	a	DET
amfbr-551	56	10	fixed	fix	VERB
amfbr-551	56	11	exchange	exchange	NOUN
amfbr-551	56	12	rate	rate	NOUN
amfbr-551	56	13	regime	regime	NOUN
amfbr-551	56	14	despite	despite	SCONJ
amfbr-551	56	15	the	the	DET
amfbr-551	56	16	monetary	monetary	ADJ
amfbr-551	56	17	policy	policy	NOUN
amfbr-551	56	18	sacrifice	sacrifice	NOUN
amfbr-551	56	19	are	be	AUX
amfbr-551	56	20	:	:	PUNCT
amfbr-551	56	21			PROPN
amfbr-551	56	22	unpredictable	unpredictable	ADJ
amfbr-551	56	23	exchange	exchange	NOUN
amfbr-551	56	24	rate	rate	NOUN
amfbr-551	56	25	volatility	volatility	NOUN
amfbr-551	56	26	is	be	AUX
amfbr-551	56	27	detrimental	detrimental	ADJ
amfbr-551	56	28	,	,	PUNCT
amfbr-551	56	29	and	and	CCONJ
amfbr-551	56	30	most	most	ADJ
amfbr-551	56	31	economists	economist	NOUN
amfbr-551	56	32	believe	believe	VERB
amfbr-551	56	33	that	that	SCONJ
amfbr-551	56	34	exchange	exchange	NOUN
amfbr-551	56	35	rate	rate	NOUN
amfbr-551	56	36	uncertainty	uncertainty	NOUN
amfbr-551	56	37	will	will	AUX
amfbr-551	56	38	reduce	reduce	VERB
amfbr-551	56	39	international	international	ADJ
amfbr-551	56	40	trade	trade	NOUN
amfbr-551	56	41	,	,	PUNCT
amfbr-551	56	42	reduce	reduce	VERB
amfbr-551	56	43	investment	investment	NOUN
amfbr-551	56	44	and	and	CCONJ
amfbr-551	56	45	harm	harm	VERB
amfbr-551	56	46	human	human	ADJ
amfbr-551	56	47	capital	capital	NOUN
amfbr-551	56	48	.	.	PUNCT
amfbr-551	57	1			PROPN
amfbr-551	58	1	fixed	fix	VERB
amfbr-551	58	2	exchange	exchange	NOUN
amfbr-551	58	3	rate	rate	NOUN
amfbr-551	58	4	avoids	avoid	VERB
amfbr-551	58	5	inflationary	inflationary	ADJ
amfbr-551	58	6	pressures	pressure	NOUN
amfbr-551	58	7	on	on	ADP
amfbr-551	58	8	the	the	DET
amfbr-551	58	9	economy	economy	NOUN
amfbr-551	58	10	,	,	PUNCT
amfbr-551	58	11	which	which	PRON
amfbr-551	58	12	may	may	AUX
amfbr-551	58	13	be	be	AUX
amfbr-551	58	14	due	due	ADJ
amfbr-551	58	15	to	to	ADP
amfbr-551	58	16	government	government	NOUN
amfbr-551	58	17	budget	budget	NOUN
amfbr-551	58	18	deficits	deficit	NOUN
amfbr-551	58	19	,	,	PUNCT
amfbr-551	58	20	wage	wage	NOUN
amfbr-551	58	21	policy	policy	NOUN
amfbr-551	58	22	and	and	CCONJ
amfbr-551	58	23	pricing	pricing	NOUN
amfbr-551	58	24	by	by	ADP
amfbr-551	58	25	private	private	ADJ
amfbr-551	58	26	sector	sector	NOUN
amfbr-551	58	27	.	.	PUNCT
amfbr-551	59	1	therefore	therefore	ADV
amfbr-551	59	2	,	,	PUNCT
amfbr-551	59	3	the	the	DET
amfbr-551	59	4	fixed	fix	VERB
amfbr-551	59	5	exchange	exchange	NOUN
amfbr-551	59	6	rate	rate	NOUN
amfbr-551	59	7	prevents	prevent	VERB
amfbr-551	59	8	the	the	DET
amfbr-551	59	9	incentives	incentive	NOUN
amfbr-551	59	10	to	to	PART
amfbr-551	59	11	follow	follow	VERB
amfbr-551	59	12	the	the	DET
amfbr-551	59	13	macroeconomic	macroeconomic	ADJ
amfbr-551	59	14	expansionary	expansionary	ADJ
amfbr-551	59	15	policies	policy	NOUN
amfbr-551	59	16	of	of	ADP
amfbr-551	59	17	the	the	DET
amfbr-551	59	18	government	government	NOUN
amfbr-551	59	19	.	.	PUNCT
amfbr-551	60	1			PROPN
amfbr-551	61	1	the	the	DET
amfbr-551	61	2	fixed	fix	VERB
amfbr-551	61	3	exchange	exchange	NOUN
amfbr-551	61	4	rate	rate	NOUN
amfbr-551	61	5	regime	regime	NOUN
amfbr-551	61	6	is	be	AUX
amfbr-551	61	7	seen	see	VERB
amfbr-551	61	8	as	as	ADP
amfbr-551	61	9	the	the	DET
amfbr-551	61	10	anchor	anchor	NOUN
amfbr-551	61	11	of	of	ADP
amfbr-551	61	12	prices	price	NOUN
amfbr-551	61	13	after	after	ADP
amfbr-551	61	14	a	a	DET
amfbr-551	61	15	period	period	NOUN
amfbr-551	61	16	of	of	ADP
amfbr-551	61	17	price	price	NOUN
amfbr-551	61	18	volatility	volatility	NOUN
amfbr-551	61	19	in	in	ADP
amfbr-551	61	20	some	some	DET
amfbr-551	61	21	economies	economy	NOUN
amfbr-551	61	22	to	to	PART
amfbr-551	61	23	determine	determine	VERB
amfbr-551	61	24	price	price	NOUN
amfbr-551	61	25	expectations	expectation	NOUN
amfbr-551	61	26	of	of	ADP
amfbr-551	61	27	the	the	DET
amfbr-551	61	28	goods	good	NOUN
amfbr-551	61	29	and	and	CCONJ
amfbr-551	61	30	services	service	NOUN
amfbr-551	61	31	for	for	ADP
amfbr-551	61	32	the	the	DET
amfbr-551	61	33	next	next	ADJ
amfbr-551	61	34	economic	economic	ADJ
amfbr-551	61	35	activity	activity	NOUN
amfbr-551	61	36	period	period	NOUN
amfbr-551	61	37	.	.	PUNCT
amfbr-551	62	1	aizenman	aizenman	NOUN
amfbr-551	62	2	&	&	CCONJ
amfbr-551	62	3	ito	ito	PROPN
amfbr-551	62	4	(	(	PUNCT
amfbr-551	62	5	2014	2014	NUM
amfbr-551	62	6	)	)	PUNCT
amfbr-551	62	7	examined	examine	VERB
amfbr-551	62	8	the	the	DET
amfbr-551	62	9	potential	potential	ADJ
amfbr-551	62	10	effect	effect	NOUN
amfbr-551	62	11	of	of	ADP
amfbr-551	62	12	divergence	divergence	NOUN
amfbr-551	62	13	on	on	ADP
amfbr-551	62	14	open	open	ADJ
amfbr-551	62	15	door	door	NOUN
amfbr-551	62	16	policies	policy	NOUN
amfbr-551	62	17	(	(	PUNCT
amfbr-551	62	18	capital	capital	NOUN
amfbr-551	62	19	mobility	mobility	NOUN
amfbr-551	62	20	)	)	PUNCT
amfbr-551	62	21	in	in	ADP
amfbr-551	62	22	the	the	DET
amfbr-551	62	23	context	context	NOUN
amfbr-551	62	24	of	of	ADP
amfbr-551	62	25	the	the	DET
amfbr-551	62	26	macroeconomic	macroeconomic	ADJ
amfbr-551	62	27	trilemma	trilemma	NOUN
amfbr-551	62	28	.	.	PUNCT
amfbr-551	63	1	they	they	PRON
amfbr-551	63	2	found	find	VERB
amfbr-551	63	3	that	that	SCONJ
amfbr-551	63	4	emerging	emerge	VERB
amfbr-551	63	5	countries	country	NOUN
amfbr-551	63	6	in	in	ADP
amfbr-551	63	7	the	the	DET
amfbr-551	63	8	past	past	ADJ
amfbr-551	63	9	15	15	NUM
amfbr-551	63	10	years	year	NOUN
amfbr-551	63	11	(	(	PUNCT
amfbr-551	63	12	since	since	SCONJ
amfbr-551	63	13	the	the	DET
amfbr-551	63	14	date	date	NOUN
amfbr-551	63	15	of	of	ADP
amfbr-551	63	16	the	the	DET
amfbr-551	63	17	survey	survey	NOUN
amfbr-551	63	18	)	)	PUNCT
amfbr-551	63	19	have	have	AUX
amfbr-551	63	20	adopted	adopt	VERB
amfbr-551	63	21	a	a	DET
amfbr-551	63	22	combination	combination	NOUN
amfbr-551	63	23	of	of	ADP
amfbr-551	63	24	policy	policy	NOUN
amfbr-551	63	25	indicators	indicator	NOUN
amfbr-551	63	26	of	of	ADP
amfbr-551	63	27	trilemma	trilemma	NOUN
amfbr-551	63	28	with	with	ADP
amfbr-551	63	29	the	the	DET
amfbr-551	63	30	least	least	ADJ
amfbr-551	63	31	relative	relative	ADJ
amfbr-551	63	32	deviation	deviation	NOUN
amfbr-551	63	33	of	of	ADP
amfbr-551	63	34	policies	policy	NOUN
amfbr-551	63	35	.	.	PUNCT
amfbr-551	64	1	they	they	PRON
amfbr-551	64	2	also	also	ADV
amfbr-551	64	3	found	find	VERB
amfbr-551	64	4	that	that	SCONJ
amfbr-551	64	5	countries	country	NOUN
amfbr-551	64	6	most	most	ADV
amfbr-551	64	7	likely	likely	ADJ
amfbr-551	64	8	to	to	PART
amfbr-551	64	9	deviate	deviate	VERB
amfbr-551	64	10	from	from	ADP
amfbr-551	64	11	policy	policy	NOUN
amfbr-551	64	12	indicators	indicator	NOUN
amfbr-551	64	13	are	be	AUX
amfbr-551	64	14	likely	likely	ADJ
amfbr-551	64	15	to	to	PART
amfbr-551	64	16	be	be	AUX
amfbr-551	64	17	in	in	ADP
amfbr-551	64	18	a	a	DET
amfbr-551	64	19	foreign	foreign	ADJ
amfbr-551	64	20	exchange	exchange	NOUN
amfbr-551	64	21	or	or	CCONJ
amfbr-551	64	22	debt	debt	NOUN
amfbr-551	64	23	crisis	crisis	NOUN
amfbr-551	64	24	.	.	PUNCT
amfbr-551	65	1	however	however	ADV
amfbr-551	65	2	,	,	PUNCT
amfbr-551	65	3	under	under	ADP
amfbr-551	65	4	developing	develop	VERB
amfbr-551	65	5	and	and	CCONJ
amfbr-551	65	6	emerging	emerge	VERB
amfbr-551	65	7	countries	country	NOUN
amfbr-551	65	8	with	with	ADP
amfbr-551	65	9	the	the	DET
amfbr-551	65	10	most	most	ADV
amfbr-551	65	11	relative	relative	ADJ
amfbr-551	65	12	deviation	deviation	NOUN
amfbr-551	65	13	from	from	ADP
amfbr-551	65	14	the	the	DET
amfbr-551	65	15	policies	policy	NOUN
amfbr-551	65	16	are	be	AUX
amfbr-551	65	17	less	less	ADV
amfbr-551	65	18	likely	likely	ADJ
amfbr-551	65	19	to	to	PART
amfbr-551	65	20	be	be	AUX
amfbr-551	65	21	disrupted	disrupt	VERB
amfbr-551	65	22	in	in	ADP
amfbr-551	65	23	the	the	DET
amfbr-551	65	24	event	event	NOUN
amfbr-551	65	25	of	of	ADP
amfbr-551	65	26	a	a	DET
amfbr-551	65	27	foreign	foreign	ADJ
amfbr-551	65	28	exchange	exchange	NOUN
amfbr-551	65	29	or	or	CCONJ
amfbr-551	65	30	banking	banking	NOUN
amfbr-551	65	31	crisis	crisis	NOUN
amfbr-551	65	32	.	.	PUNCT
amfbr-551	66	1	maurice	maurice	PROPN
amfbr-551	66	2	(	(	PUNCT
amfbr-551	66	3	2015	2015	NUM
amfbr-551	66	4	)	)	PUNCT
amfbr-551	66	5	examines	examine	VERB
amfbr-551	66	6	resilience	resilience	NOUN
amfbr-551	66	7	of	of	ADP
amfbr-551	66	8	emerging	emerge	VERB
amfbr-551	66	9	market	market	NOUN
amfbr-551	66	10	economies	economy	NOUN
amfbr-551	66	11	to	to	ADP
amfbr-551	66	12	financial	financial	ADJ
amfbr-551	66	13	and	and	CCONJ
amfbr-551	66	14	monetary	monetary	ADJ
amfbr-551	66	15	shocks	shock	NOUN
amfbr-551	66	16	of	of	ADP
amfbr-551	66	17	foreign	foreign	ADJ
amfbr-551	66	18	origin	origin	NOUN
amfbr-551	66	19	through	through	ADP
amfbr-551	66	20	the	the	DET
amfbr-551	66	21	monetary	monetary	ADJ
amfbr-551	66	22	policies	policy	NOUN
amfbr-551	66	23	of	of	ADP
amfbr-551	66	24	these	these	DET
amfbr-551	66	25	countries	country	NOUN
amfbr-551	66	26	.	.	PUNCT
amfbr-551	67	1	in	in	ADP
amfbr-551	67	2	other	other	ADJ
amfbr-551	67	3	words	word	NOUN
amfbr-551	67	4	,	,	PUNCT
amfbr-551	67	5	how	how	SCONJ
amfbr-551	67	6	the	the	DET
amfbr-551	67	7	emerging	emerge	VERB
amfbr-551	67	8	countries	country	NOUN
amfbr-551	67	9	'	'	PART
amfbr-551	67	10	interest	interest	NOUN
amfbr-551	67	11	rate	rate	NOUN
amfbr-551	67	12	policy	policy	NOUN
amfbr-551	67	13	is	be	AUX
amfbr-551	67	14	driven	drive	VERB
amfbr-551	67	15	by	by	ADP
amfbr-551	67	16	foreign	foreign	ADJ
amfbr-551	67	17	financial	financial	ADJ
amfbr-551	67	18	and	and	CCONJ
amfbr-551	67	19	monetary	monetary	ADJ
amfbr-551	67	20	shocks	shock	NOUN
amfbr-551	67	21	is	be	AUX
amfbr-551	67	22	important	important	ADJ
amfbr-551	67	23	in	in	ADP
amfbr-551	67	24	this	this	DET
amfbr-551	67	25	study	study	NOUN
amfbr-551	67	26	.	.	PUNCT
amfbr-551	68	1	the	the	DET
amfbr-551	68	2	trilemma	trilemma	NOUN
amfbr-551	68	3	first	first	ADV
amfbr-551	68	4	brings	bring	VERB
amfbr-551	68	5	to	to	PART
amfbr-551	68	6	mind	mind	NOUN
amfbr-551	68	7	that	that	SCONJ
amfbr-551	68	8	the	the	DET
amfbr-551	68	9	countries	country	NOUN
amfbr-551	68	10	with	with	ADP
amfbr-551	68	11	a	a	DET
amfbr-551	68	12	floating	float	VERB
amfbr-551	68	13	exchange	exchange	NOUN
amfbr-551	68	14	rate	rate	NOUN
amfbr-551	68	15	have	have	VERB
amfbr-551	68	16	a	a	DET
amfbr-551	68	17	much	much	ADV
amfbr-551	68	18	better	well	ADJ
amfbr-551	68	19	position	position	NOUN
amfbr-551	68	20	than	than	ADP
amfbr-551	68	21	those	those	DET
amfbr-551	68	22	countries	country	NOUN
amfbr-551	68	23	that	that	PRON
amfbr-551	68	24	sacrifice	sacrifice	VERB
amfbr-551	68	25	their	their	PRON
amfbr-551	68	26	monetary	monetary	ADJ
amfbr-551	68	27	policy	policy	NOUN
amfbr-551	68	28	,	,	PUNCT
amfbr-551	68	29	although	although	SCONJ
amfbr-551	68	30	the	the	DET
amfbr-551	68	31	floating	float	VERB
amfbr-551	68	32	exchange	exchange	NOUN
amfbr-551	68	33	rate	rate	NOUN
amfbr-551	68	34	regime	regime	NOUN
amfbr-551	68	35	by	by	ADP
amfbr-551	68	36	itself	itself	PRON
amfbr-551	68	37	does	do	AUX
amfbr-551	68	38	not	not	PART
amfbr-551	68	39	protect	protect	VERB
amfbr-551	68	40	countries	country	NOUN
amfbr-551	68	41	'	'	PART
amfbr-551	68	42	economies	economy	NOUN
amfbr-551	68	43	from	from	ADP
amfbr-551	68	44	foreign	foreign	ADJ
amfbr-551	68	45	and	and	CCONJ
amfbr-551	68	46	monetary	monetary	ADJ
amfbr-551	68	47	shocks	shock	NOUN
amfbr-551	68	48	.	.	PUNCT
amfbr-551	69	1	the	the	DET
amfbr-551	69	2	study	study	NOUN
amfbr-551	69	3	shows	show	VERB
amfbr-551	69	4	that	that	SCONJ
amfbr-551	69	5	,	,	PUNCT
amfbr-551	69	6	despite	despite	SCONJ
amfbr-551	69	7	the	the	DET
amfbr-551	69	8	potential	potential	ADJ
amfbr-551	69	9	economic	economic	ADJ
amfbr-551	69	10	benefits	benefit	NOUN
amfbr-551	69	11	of	of	ADP
amfbr-551	69	12	global	global	ADJ
amfbr-551	69	13	integration	integration	NOUN
amfbr-551	69	14	,	,	PUNCT
amfbr-551	69	15	globalization	globalization	NOUN
amfbr-551	69	16	weakens	weaken	VERB
amfbr-551	69	17	economic	economic	ADJ
amfbr-551	69	18	management	management	NOUN
amfbr-551	69	19	.	.	PUNCT
amfbr-551	70	1	in	in	ADP
amfbr-551	70	2	other	other	ADJ
amfbr-551	70	3	words	word	NOUN
amfbr-551	70	4	,	,	PUNCT
amfbr-551	70	5	the	the	DET
amfbr-551	70	6	trade	trade	NOUN
amfbr-551	70	7	-	-	PUNCT
amfbr-551	70	8	off	off	ADP
amfbr-551	70	9	efficiency	efficiency	NOUN
amfbr-551	70	10	of	of	ADP
amfbr-551	70	11	monetary	monetary	ADJ
amfbr-551	70	12	policy	policy	NOUN
amfbr-551	70	13	indicators	indicator	NOUN
amfbr-551	70	14	for	for	ADP
amfbr-551	70	15	achieving	achieve	VERB
amfbr-551	70	16	multiple	multiple	ADJ
amfbr-551	70	17	domestic	domestic	ADJ
amfbr-551	70	18	goals	goal	NOUN
amfbr-551	70	19	is	be	AUX
amfbr-551	70	20	undermined	undermine	VERB
amfbr-551	70	21	.	.	PUNCT
amfbr-551	71	1	ray	ray	PROPN
amfbr-551	71	2	's	's	PART
amfbr-551	71	3	(	(	PUNCT
amfbr-551	71	4	2016	2016	NUM
amfbr-551	71	5	)	)	PUNCT
amfbr-551	71	6	study	study	NOUN
amfbr-551	71	7	also	also	ADV
amfbr-551	71	8	suggests	suggest	VERB
amfbr-551	71	9	that	that	SCONJ
amfbr-551	71	10	the	the	DET
amfbr-551	71	11	exchange	exchange	NOUN
amfbr-551	71	12	rate	rate	NOUN
amfbr-551	71	13	regime	regime	NOUN
amfbr-551	71	14	(	(	PUNCT
amfbr-551	71	15	whether	whether	SCONJ
amfbr-551	71	16	fixed	fix	VERB
amfbr-551	71	17	or	or	CCONJ
amfbr-551	71	18	floating	float	VERB
amfbr-551	71	19	)	)	PUNCT
amfbr-551	71	20	affects	affect	VERB
amfbr-551	71	21	the	the	DET
amfbr-551	71	22	correlation	correlation	NOUN
amfbr-551	71	23	between	between	ADP
amfbr-551	71	24	the	the	DET
amfbr-551	71	25	short	short	ADJ
amfbr-551	71	26	-	-	PUNCT
amfbr-551	71	27	term	term	NOUN
amfbr-551	71	28	interest	interest	NOUN
amfbr-551	71	29	rates	rate	NOUN
amfbr-551	71	30	of	of	ADP
amfbr-551	71	31	periphery	periphery	NOUN
amfbr-551	71	32	and	and	CCONJ
amfbr-551	71	33	center	center	NOUN
amfbr-551	71	34	countries	country	NOUN
amfbr-551	71	35	,	,	PUNCT
amfbr-551	71	36	so	so	SCONJ
amfbr-551	71	37	that	that	SCONJ
amfbr-551	71	38	in	in	ADP
amfbr-551	71	39	the	the	DET
amfbr-551	71	40	floating	float	VERB
amfbr-551	71	41	exchange	exchange	NOUN
amfbr-551	71	42	rate	rate	NOUN
amfbr-551	71	43	regime	regime	NOUN
amfbr-551	71	44	,	,	PUNCT
amfbr-551	71	45	the	the	DET
amfbr-551	71	46	interest	interest	NOUN
amfbr-551	71	47	rates	rate	NOUN
amfbr-551	71	48	of	of	ADP
amfbr-551	71	49	these	these	DET
amfbr-551	71	50	countries	country	NOUN
amfbr-551	71	51	are	be	AUX
amfbr-551	71	52	less	less	ADV
amfbr-551	71	53	correlated	correlate	VERB
amfbr-551	71	54	and	and	CCONJ
amfbr-551	71	55	in	in	ADP
amfbr-551	71	56	the	the	DET
amfbr-551	71	57	fixed	fix	VERB
amfbr-551	71	58	exchange	exchange	NOUN
amfbr-551	71	59	rate	rate	NOUN
amfbr-551	71	60	regime	regime	NOUN
amfbr-551	71	61	,	,	PUNCT
amfbr-551	71	62	the	the	DET
amfbr-551	71	63	interest	interest	NOUN
amfbr-551	71	64	rates	rate	NOUN
amfbr-551	71	65	are	be	AUX
amfbr-551	71	66	higher	high	ADJ
amfbr-551	71	67	.	.	PUNCT
amfbr-551	72	1	magas	magas	PROPN
amfbr-551	72	2	(	(	PUNCT
amfbr-551	72	3	2018	2018	NUM
amfbr-551	72	4	)	)	PUNCT
amfbr-551	72	5	study	study	NOUN
amfbr-551	72	6	shows	show	VERB
amfbr-551	72	7	that	that	SCONJ
amfbr-551	72	8	the	the	DET
amfbr-551	72	9	resilience	resilience	NOUN
amfbr-551	72	10	of	of	ADP
amfbr-551	72	11	the	the	DET
amfbr-551	72	12	economy	economy	NOUN
amfbr-551	72	13	to	to	ADP
amfbr-551	72	14	external	external	ADJ
amfbr-551	72	15	shocks	shock	NOUN
amfbr-551	72	16	depends	depend	VERB
amfbr-551	72	17	not	not	PART
amfbr-551	72	18	only	only	ADV
amfbr-551	72	19	on	on	ADP
amfbr-551	72	20	the	the	DET
amfbr-551	72	21	structure	structure	NOUN
amfbr-551	72	22	of	of	ADP
amfbr-551	72	23	trilemma	trilemma	NOUN
amfbr-551	72	24	but	but	CCONJ
amfbr-551	72	25	also	also	ADV
amfbr-551	72	26	on	on	ADP
amfbr-551	72	27	other	other	ADJ
amfbr-551	72	28	macroeconomic	macroeconomic	ADJ
amfbr-551	72	29	components	component	NOUN
amfbr-551	72	30	.	.	PUNCT
amfbr-551	73	1	in	in	ADP
amfbr-551	73	2	this	this	DET
amfbr-551	73	3	regard	regard	NOUN
amfbr-551	73	4	,	,	PUNCT
amfbr-551	73	5	the	the	DET
amfbr-551	73	6	stability	stability	NOUN
amfbr-551	73	7	of	of	ADP
amfbr-551	73	8	the	the	DET
amfbr-551	73	9	budget	budget	NOUN
amfbr-551	73	10	and	and	CCONJ
amfbr-551	73	11	the	the	DET
amfbr-551	73	12	repayment	repayment	NOUN
amfbr-551	73	13	of	of	ADP
amfbr-551	73	14	external	external	ADJ
amfbr-551	73	15	debt	debt	NOUN
amfbr-551	73	16	is	be	AUX
amfbr-551	73	17	of	of	ADP
amfbr-551	73	18	particular	particular	ADJ
amfbr-551	73	19	importance	importance	NOUN
amfbr-551	73	20	.	.	PUNCT
amfbr-551	74	1	the	the	DET
amfbr-551	74	2	problem	problem	NOUN
amfbr-551	74	3	of	of	ADP
amfbr-551	74	4	reaction	reaction	NOUN
amfbr-551	74	5	to	to	ADP
amfbr-551	74	6	external	external	ADJ
amfbr-551	74	7	impulses	impulse	NOUN
amfbr-551	74	8	is	be	AUX
amfbr-551	74	9	not	not	PART
amfbr-551	74	10	limited	limit	VERB
amfbr-551	74	11	to	to	ADP
amfbr-551	74	12	trilemma	trilemma	NOUN
amfbr-551	74	13	.	.	PUNCT
amfbr-551	75	1	the	the	DET
amfbr-551	75	2	debt	debt	NOUN
amfbr-551	75	3	crisis	crisis	NOUN
amfbr-551	75	4	of	of	ADP
amfbr-551	75	5	portugal	portugal	PROPN
amfbr-551	75	6	and	and	CCONJ
amfbr-551	75	7	greece	greece	PROPN
amfbr-551	75	8	is	be	AUX
amfbr-551	75	9	one	one	NUM
amfbr-551	75	10	of	of	ADP
amfbr-551	75	11	the	the	DET
amfbr-551	75	12	recently	recently	ADV
amfbr-551	75	13	confirmed	confirm	VERB
amfbr-551	75	14	examples	example	NOUN
amfbr-551	75	15	of	of	ADP
amfbr-551	75	16	the	the	DET
amfbr-551	75	17	use	use	NOUN
amfbr-551	75	18	of	of	ADP
amfbr-551	75	19	the	the	DET
amfbr-551	75	20	european	european	ADJ
amfbr-551	75	21	currency	currency	NOUN
amfbr-551	75	22	(	(	PUNCT
amfbr-551	75	23	euro	euro	NOUN
amfbr-551	75	24	money	money	NOUN
amfbr-551	75	25	)	)	PUNCT
amfbr-551	75	26	as	as	ADP
amfbr-551	75	27	domestic	domestic	ADJ
amfbr-551	75	28	currency	currency	NOUN
amfbr-551	75	29	,	,	PUNCT
amfbr-551	75	30	whereas	whereas	SCONJ
amfbr-551	75	31	the	the	DET
amfbr-551	75	32	czech	czech	PROPN
amfbr-551	75	33	republic	republic	NOUN
amfbr-551	75	34	,	,	PUNCT
amfbr-551	75	35	despite	despite	SCONJ
amfbr-551	75	36	being	be	AUX
amfbr-551	75	37	a	a	DET
amfbr-551	75	38	traditional	traditional	ADJ
amfbr-551	75	39	conservative	conservative	ADJ
amfbr-551	75	40	non	non	ADJ
amfbr-551	75	41	-	-	ADJ
amfbr-551	75	42	euro	euro	ADJ
amfbr-551	75	43	european	european	ADJ
amfbr-551	75	44	member	member	NOUN
amfbr-551	75	45	,	,	PUNCT
amfbr-551	75	46	has	have	VERB
amfbr-551	75	47	relative	relative	ADJ
amfbr-551	75	48	independence	independence	NOUN
amfbr-551	75	49	in	in	ADP
amfbr-551	75	50	interest	interest	NOUN
amfbr-551	75	51	rate	rate	NOUN
amfbr-551	75	52	policy	policy	NOUN
amfbr-551	75	53	,	,	PUNCT
amfbr-551	75	54	and	and	CCONJ
amfbr-551	75	55	it	it	PRON
amfbr-551	75	56	resists	resist	VERB
amfbr-551	75	57	foreign	foreign	ADJ
amfbr-551	75	58	shocks	shock	NOUN
amfbr-551	75	59	well	well	ADV
amfbr-551	75	60	through	through	ADP
amfbr-551	75	61	its	its	PRON
amfbr-551	75	62	floating	float	VERB
amfbr-551	75	63	exchange	exchange	NOUN
amfbr-551	75	64	rate	rate	NOUN
amfbr-551	75	65	and	and	CCONJ
amfbr-551	75	66	interest	interest	NOUN
amfbr-551	75	67	rate	rate	NOUN
amfbr-551	75	68	margins	margin	NOUN
amfbr-551	75	69	.	.	PUNCT
amfbr-551	76	1	3	3	X
amfbr-551	76	2	.	.	X
amfbr-551	76	3	methodology	methodology	NOUN
amfbr-551	76	4	in	in	ADP
amfbr-551	76	5	this	this	DET
amfbr-551	76	6	paper	paper	NOUN
amfbr-551	76	7	,	,	PUNCT
amfbr-551	76	8	we	we	PRON
amfbr-551	76	9	try	try	VERB
amfbr-551	76	10	to	to	PART
amfbr-551	76	11	analyze	analyze	VERB
amfbr-551	76	12	the	the	DET
amfbr-551	76	13	effect	effect	NOUN
amfbr-551	76	14	of	of	ADP
amfbr-551	76	15	internal	internal	ADJ
amfbr-551	76	16	and	and	CCONJ
amfbr-551	76	17	external	external	ADJ
amfbr-551	76	18	imbalances	imbalance	NOUN
amfbr-551	76	19	on	on	ADP
amfbr-551	76	20	exchange	exchange	NOUN
amfbr-551	76	21	rate	rate	NOUN
amfbr-551	76	22	fluctuations	fluctuation	NOUN
amfbr-551	76	23	in	in	ADP
amfbr-551	76	24	line	line	NOUN
amfbr-551	76	25	with	with	ADP
amfbr-551	76	26	macroeconomic	macroeconomic	ADJ
amfbr-551	76	27	theories	theory	NOUN
amfbr-551	76	28	in	in	ADP
amfbr-551	76	29	real	real	ADJ
amfbr-551	76	30	and	and	CCONJ
amfbr-551	76	31	monetary	monetary	ADJ
amfbr-551	76	32	equilibrium	equilibrium	NOUN
amfbr-551	76	33	conditions	condition	NOUN
amfbr-551	76	34	based	base	VERB
amfbr-551	76	35	on	on	ADP
amfbr-551	76	36	trilemma	trilemma	NOUN
amfbr-551	76	37	framework	framework	NOUN
amfbr-551	76	38	.	.	PUNCT
amfbr-551	77	1	extending	extend	VERB
amfbr-551	77	2	of	of	ADP
amfbr-551	77	3	the	the	DET
amfbr-551	77	4	trilemma	trilemma	NOUN
amfbr-551	77	5	theory	theory	NOUN
amfbr-551	77	6	in	in	ADP
amfbr-551	77	7	determining	determine	VERB
amfbr-551	77	8	the	the	DET
amfbr-551	77	9	exchange	exchange	NOUN
amfbr-551	77	10	rate	rate	NOUN
amfbr-551	77	11	,	,	PUNCT
amfbr-551	77	12	applying	apply	VERB
amfbr-551	77	13	the	the	DET
amfbr-551	77	14	economic	economic	ADJ
amfbr-551	77	15	relations	relation	NOUN
amfbr-551	77	16	governing	govern	VERB
amfbr-551	77	17	the	the	DET
amfbr-551	77	18	structure	structure	NOUN
amfbr-551	77	19	of	of	ADP
amfbr-551	77	20	general	general	ADJ
amfbr-551	77	21	equilibrium	equilibrium	NOUN
amfbr-551	77	22	in	in	ADP
amfbr-551	77	23	the	the	DET
amfbr-551	77	24	k	k	PROPN
amfbr-551	77	25	,	,	PUNCT
amfbr-551	77	26	k*>0	k*>0	PROPN
amfbr-551	77	27	given	give	VERB
amfbr-551	77	28	the	the	DET
amfbr-551	77	29	relative	relative	ADJ
amfbr-551	77	30	supply	supply	NOUN
amfbr-551	77	31	and	and	CCONJ
amfbr-551	77	32	demand	demand	NOUN
amfbr-551	77	33	of	of	ADP
amfbr-551	77	34	money	money	NOUN
amfbr-551	77	35	in	in	ADP
amfbr-551	77	36	terms	term	NOUN
amfbr-551	77	37	of	of	ADP
amfbr-551	77	38	equilibrium	equilibrium	NOUN
amfbr-551	77	39	(	(	PUNCT
amfbr-551	77	40	based	base	VERB
amfbr-551	77	41	on	on	ADP
amfbr-551	77	42	the	the	DET
amfbr-551	77	43	above	above	ADJ
amfbr-551	77	44	equations	equation	NOUN
amfbr-551	77	45	)	)	PUNCT
amfbr-551	77	46	and	and	CCONJ
amfbr-551	77	47	ppp	ppp	PROPN
amfbr-551	77	48	,	,	PUNCT
amfbr-551	77	49	the	the	DET
amfbr-551	77	50	following	follow	VERB
amfbr-551	77	51	equation	equation	NOUN
amfbr-551	77	52	can	can	AUX
amfbr-551	77	53	be	be	AUX
amfbr-551	77	54	obtained	obtain	VERB
amfbr-551	77	55	:	:	PUNCT
amfbr-551	77	56	e	e	X
amfbr-551	77	57	=	=	SYM
amfbr-551	77	58	p	p	X
amfbr-551	77	59	/	/	SYM
amfbr-551	77	60	p	p	NOUN
amfbr-551	77	61	*	*	PUNCT
amfbr-551	77	62	ms	ms	PROPN
amfbr-551	77	63	/	/	SYM
amfbr-551	77	64	ms*=	ms*=	NOUN
amfbr-551	77	65	k.p.y/	k.p.y/	PROPN
amfbr-551	77	66	k*.p*.y	k*.p*.y	PROPN
amfbr-551	77	67	*	*	NOUN
amfbr-551	77	68	the	the	DET
amfbr-551	77	69	above	above	ADJ
amfbr-551	77	70	equation	equation	NOUN
amfbr-551	77	71	can	can	AUX
amfbr-551	77	72	be	be	AUX
amfbr-551	77	73	rewritten	rewrite	VERB
amfbr-551	77	74	as	as	ADP
amfbr-551	77	75	the	the	DET
amfbr-551	77	76	following	follow	VERB
amfbr-551	77	77	equation	equation	NOUN
amfbr-551	77	78	by	by	ADP
amfbr-551	77	79	ppp	ppp	NOUN
amfbr-551	77	80	equation	equation	NOUN
amfbr-551	77	81	and	and	CCONJ
amfbr-551	77	82	replacing	replace	VERB
amfbr-551	77	83	it	it	PRON
amfbr-551	77	84	with	with	ADP
amfbr-551	77	85	the	the	DET
amfbr-551	77	86	equilibrium	equilibrium	NOUN
amfbr-551	77	87	equations	equation	NOUN
amfbr-551	77	88	of	of	ADP
amfbr-551	77	89	money	money	NOUN
amfbr-551	77	90	supply	supply	NOUN
amfbr-551	77	91	and	and	CCONJ
amfbr-551	77	92	demand	demand	NOUN
amfbr-551	77	93	and	and	CCONJ
amfbr-551	77	94	solving	solve	VERB
amfbr-551	77	95	its	its	PRON
amfbr-551	77	96	reduced	reduce	VERB
amfbr-551	77	97	form	form	NOUN
amfbr-551	77	98	of	of	ADP
amfbr-551	77	99	exchange	exchange	NOUN
amfbr-551	77	100	rate	rate	NOUN
amfbr-551	77	101	as	as	SCONJ
amfbr-551	77	102	follows	follow	VERB
amfbr-551	77	103	:	:	PUNCT
amfbr-551	77	104	ms	ms	PROPN
amfbr-551	77	105	/	/	SYM
amfbr-551	77	106	ms*=	ms*=	NOUN
amfbr-551	77	107	k.y.e	k.y.e	ADJ
amfbr-551	77	108	/	/	SYM
amfbr-551	77	109	k*.y	k*.y	PROPN
amfbr-551	77	110	*	*	SYM
amfbr-551	77	111	e	e	NOUN
amfbr-551	77	112	=	=	PUNCT
amfbr-551	77	113	)	)	PUNCT
amfbr-551	77	114	ms/	ms/	ADJ
amfbr-551	77	115	ms*(/)k.y/	ms*(/)k.y/	PROPN
amfbr-551	77	116	k*.y	k*.y	PROPN
amfbr-551	77	117	*	*	PUNCT
amfbr-551	77	118	(	(	PUNCT
amfbr-551	77	119	copyright	copyright	NOUN
amfbr-551	77	120	©	©	PROPN
amfbr-551	77	121	cc	cc	PROPN
amfbr-551	77	122	-	-	PUNCT
amfbr-551	77	123	by	by	ADP
amfbr-551	77	124	-	-	PUNCT
amfbr-551	77	125	nc	nc	PROPN
amfbr-551	77	126	2020	2020	NUM
amfbr-551	77	127	,	,	PUNCT
amfbr-551	77	128	cribfb	cribfb	PROPN
amfbr-551	77	129	|	|	ADV
amfbr-551	77	130	amfbr	amfbr	ADJ
amfbr-551	77	131	www.cribfb.com/journal/index.php/amfbr	www.cribfb.com/journal/index.php/amfbr	PROPN
amfbr-551	77	132	american	american	PROPN
amfbr-551	77	133	finance	finance	PROPN
amfbr-551	77	134	&	&	CCONJ
amfbr-551	77	135	banking	banking	PROPN
amfbr-551	77	136	review	review	PROPN
amfbr-551	77	137	vol	vol	NOUN
amfbr-551	77	138	.	.	PROPN
amfbr-551	77	139	5	5	NUM
amfbr-551	77	140	,	,	PUNCT
amfbr-551	77	141	no	no	INTJ
amfbr-551	77	142	.	.	NOUN
amfbr-551	77	143	1	1	NUM
amfbr-551	77	144	;	;	PUNCT
amfbr-551	77	145	2020	2020	NUM
amfbr-551	77	146	30	30	NUM
amfbr-551	77	147	markets	market	NOUN
amfbr-551	77	148	for	for	ADP
amfbr-551	77	149	goods	good	NOUN
amfbr-551	77	150	and	and	CCONJ
amfbr-551	77	151	services	service	NOUN
amfbr-551	77	152	and	and	CCONJ
amfbr-551	77	153	money	money	NOUN
amfbr-551	77	154	and	and	CCONJ
amfbr-551	77	155	how	how	SCONJ
amfbr-551	77	156	they	they	PRON
amfbr-551	77	157	relate	relate	VERB
amfbr-551	77	158	to	to	ADP
amfbr-551	77	159	each	each	DET
amfbr-551	77	160	other	other	ADJ
amfbr-551	77	161	and	and	CCONJ
amfbr-551	77	162	having	have	VERB
amfbr-551	77	163	a	a	DET
amfbr-551	77	164	purely	purely	ADV
amfbr-551	77	165	theoretical	theoretical	ADJ
amfbr-551	77	166	framework	framework	NOUN
amfbr-551	77	167	based	base	VERB
amfbr-551	77	168	on	on	ADP
amfbr-551	77	169	the	the	DET
amfbr-551	77	170	applicable	applicable	ADJ
amfbr-551	77	171	principles	principle	NOUN
amfbr-551	77	172	of	of	ADP
amfbr-551	77	173	the	the	DET
amfbr-551	77	174	national	national	ADJ
amfbr-551	77	175	accounts	account	NOUN
amfbr-551	77	176	system	system	NOUN
amfbr-551	77	177	(	(	PUNCT
amfbr-551	77	178	2008	2008	NUM
amfbr-551	77	179	)	)	PUNCT
amfbr-551	77	180	and	and	CCONJ
amfbr-551	77	181	practical	practical	ADJ
amfbr-551	77	182	and	and	CCONJ
amfbr-551	77	183	applied	apply	VERB
amfbr-551	77	184	monetary	monetary	ADJ
amfbr-551	77	185	economic	economic	ADJ
amfbr-551	77	186	theories	theory	NOUN
amfbr-551	77	187	is	be	AUX
amfbr-551	77	188	achieved	achieve	VERB
amfbr-551	77	189	.	.	PUNCT
amfbr-551	78	1	assuming	assume	VERB
amfbr-551	78	2	that	that	SCONJ
amfbr-551	78	3	the	the	DET
amfbr-551	78	4	real	real	ADJ
amfbr-551	78	5	sector	sector	NOUN
amfbr-551	78	6	markets	market	NOUN
amfbr-551	78	7	are	be	AUX
amfbr-551	78	8	not	not	PART
amfbr-551	78	9	cleared	clear	VERB
amfbr-551	78	10	under	under	ADP
amfbr-551	78	11	this	this	DET
amfbr-551	78	12	model	model	NOUN
amfbr-551	78	13	so	so	SCONJ
amfbr-551	78	14	that	that	SCONJ
amfbr-551	78	15	it	it	PRON
amfbr-551	78	16	affects	affect	VERB
amfbr-551	78	17	the	the	DET
amfbr-551	78	18	net	net	ADJ
amfbr-551	78	19	changes	change	NOUN
amfbr-551	78	20	in	in	ADP
amfbr-551	78	21	the	the	DET
amfbr-551	78	22	assets	asset	NOUN
amfbr-551	78	23	(	(	PUNCT
amfbr-551	78	24	domestic	domestic	ADJ
amfbr-551	78	25	and	and	CCONJ
amfbr-551	78	26	foreign	foreign	ADJ
amfbr-551	78	27	assets	asset	NOUN
amfbr-551	78	28	)	)	PUNCT
amfbr-551	78	29	of	of	ADP
amfbr-551	78	30	the	the	DET
amfbr-551	78	31	banking	banking	NOUN
amfbr-551	78	32	system	system	NOUN
amfbr-551	78	33	multiplies	multiply	VERB
amfbr-551	78	34	velocity	velocity	NOUN
amfbr-551	78	35	of	of	ADP
amfbr-551	78	36	money	money	NOUN
amfbr-551	78	37	,	,	PUNCT
amfbr-551	78	38	and	and	CCONJ
amfbr-551	78	39	it	it	PRON
amfbr-551	78	40	effects	effect	VERB
amfbr-551	78	41	on	on	ADP
amfbr-551	78	42	the	the	DET
amfbr-551	78	43	exchange	exchange	NOUN
amfbr-551	78	44	rate	rate	NOUN
amfbr-551	78	45	as	as	ADV
amfbr-551	78	46	well	well	ADV
amfbr-551	78	47	,	,	PUNCT
amfbr-551	78	48	the	the	DET
amfbr-551	78	49	main	main	ADJ
amfbr-551	78	50	question	question	NOUN
amfbr-551	78	51	in	in	ADP
amfbr-551	78	52	this	this	DET
amfbr-551	78	53	paper	paper	NOUN
amfbr-551	78	54	is	be	AUX
amfbr-551	78	55	,	,	PUNCT
amfbr-551	78	56	what	what	PRON
amfbr-551	78	57	is	be	AUX
amfbr-551	78	58	the	the	DET
amfbr-551	78	59	role	role	NOUN
amfbr-551	78	60	of	of	ADP
amfbr-551	78	61	policy	policy	NOUN
amfbr-551	78	62	variables	variable	NOUN
amfbr-551	78	63	in	in	ADP
amfbr-551	78	64	imbalances	imbalance	NOUN
amfbr-551	78	65	so	so	SCONJ
amfbr-551	78	66	as	as	SCONJ
amfbr-551	78	67	to	to	PART
amfbr-551	78	68	stabilize	stabilize	VERB
amfbr-551	78	69	the	the	DET
amfbr-551	78	70	exchange	exchange	NOUN
amfbr-551	78	71	rate	rate	NOUN
amfbr-551	78	72	?	?	PUNCT
amfbr-551	79	1	the	the	DET
amfbr-551	79	2	exchange	exchange	NOUN
amfbr-551	79	3	rate	rate	NOUN
amfbr-551	79	4	fluctuations	fluctuation	NOUN
amfbr-551	79	5	resulting	result	VERB
amfbr-551	79	6	from	from	ADP
amfbr-551	79	7	the	the	DET
amfbr-551	79	8	model	model	NOUN
amfbr-551	79	9	presented	present	VERB
amfbr-551	79	10	in	in	ADP
amfbr-551	79	11	this	this	DET
amfbr-551	79	12	paper	paper	NOUN
amfbr-551	79	13	separates	separate	VERB
amfbr-551	79	14	the	the	DET
amfbr-551	79	15	role	role	NOUN
amfbr-551	79	16	of	of	ADP
amfbr-551	79	17	the	the	DET
amfbr-551	79	18	trilemma	trilemma	NOUN
amfbr-551	79	19	factors	factor	NOUN
amfbr-551	79	20	into	into	ADP
amfbr-551	79	21	two	two	NUM
amfbr-551	79	22	parts	part	NOUN
amfbr-551	79	23	of	of	ADP
amfbr-551	79	24	internal	internal	ADJ
amfbr-551	79	25	and	and	CCONJ
amfbr-551	79	26	external	external	ADJ
amfbr-551	79	27	imbalances	imbalance	NOUN
amfbr-551	79	28	affecting	affect	VERB
amfbr-551	79	29	the	the	DET
amfbr-551	79	30	exchange	exchange	NOUN
amfbr-551	79	31	rate	rate	NOUN
amfbr-551	79	32	.	.	PUNCT
amfbr-551	80	1	internal	internal	ADJ
amfbr-551	80	2	imbalances	imbalance	NOUN
amfbr-551	80	3	,	,	PUNCT
amfbr-551	80	4	including	include	VERB
amfbr-551	80	5	the	the	DET
amfbr-551	80	6	private	private	ADJ
amfbr-551	80	7	sector	sector	NOUN
amfbr-551	80	8	and	and	CCONJ
amfbr-551	80	9	the	the	DET
amfbr-551	80	10	public	public	ADJ
amfbr-551	80	11	sector	sector	NOUN
amfbr-551	80	12	deficits	deficit	NOUN
amfbr-551	80	13	increase	increase	VERB
amfbr-551	80	14	unofficial	unofficial	ADJ
amfbr-551	80	15	exchange	exchange	NOUN
amfbr-551	80	16	rate	rate	NOUN
amfbr-551	80	17	and	and	CCONJ
amfbr-551	80	18	external	external	ADJ
amfbr-551	80	19	imbalances	imbalance	NOUN
amfbr-551	80	20	(	(	PUNCT
amfbr-551	80	21	balance	balance	NOUN
amfbr-551	80	22	of	of	ADP
amfbr-551	80	23	payments	payment	NOUN
amfbr-551	80	24	surplus	surplus	NOUN
amfbr-551	80	25	)	)	PUNCT
amfbr-551	80	26	reduce	reduce	VERB
amfbr-551	80	27	it	it	PRON
amfbr-551	80	28	.	.	PUNCT
amfbr-551	81	1	in	in	ADP
amfbr-551	81	2	other	other	ADJ
amfbr-551	81	3	words	word	NOUN
amfbr-551	81	4	,	,	PUNCT
amfbr-551	81	5	this	this	DET
amfbr-551	81	6	paper	paper	NOUN
amfbr-551	81	7	attempts	attempt	VERB
amfbr-551	81	8	to	to	PART
amfbr-551	81	9	apply	apply	VERB
amfbr-551	81	10	policy	policy	NOUN
amfbr-551	81	11	variables	variable	NOUN
amfbr-551	81	12	such	such	ADJ
amfbr-551	81	13	as	as	ADP
amfbr-551	81	14	government	government	NOUN
amfbr-551	81	15	expenditures	expenditure	NOUN
amfbr-551	81	16	,	,	PUNCT
amfbr-551	81	17	interest	interest	NOUN
amfbr-551	81	18	rates	rate	NOUN
amfbr-551	81	19	on	on	ADP
amfbr-551	81	20	domestic	domestic	ADJ
amfbr-551	81	21	deposits	deposit	NOUN
amfbr-551	81	22	,	,	PUNCT
amfbr-551	81	23	interest	interest	NOUN
amfbr-551	81	24	rates	rate	NOUN
amfbr-551	81	25	on	on	ADP
amfbr-551	81	26	domestic	domestic	ADJ
amfbr-551	81	27	loans	loan	NOUN
amfbr-551	81	28	,	,	PUNCT
amfbr-551	81	29	export	export	NOUN
amfbr-551	81	30	,	,	PUNCT
amfbr-551	81	31	import	import	NOUN
amfbr-551	81	32	,	,	PUNCT
amfbr-551	81	33	capital	capital	NOUN
amfbr-551	81	34	inflows	inflow	NOUN
amfbr-551	81	35	and	and	CCONJ
amfbr-551	81	36	outflows	outflow	VERB
amfbr-551	81	37	effective	effective	ADJ
amfbr-551	81	38	exchange	exchange	NOUN
amfbr-551	81	39	rate	rate	NOUN
amfbr-551	81	40	,	,	PUNCT
amfbr-551	81	41	and	and	CCONJ
amfbr-551	81	42	analyzes	analyze	VERB
amfbr-551	81	43	opposite	opposite	ADJ
amfbr-551	81	44	effects	effect	NOUN
amfbr-551	81	45	through	through	ADP
amfbr-551	81	46	trading	trade	VERB
amfbr-551	81	47	off	off	ADP
amfbr-551	81	48	internal	internal	ADJ
amfbr-551	81	49	and	and	CCONJ
amfbr-551	81	50	external	external	ADJ
amfbr-551	81	51	imbalances	imbalance	NOUN
amfbr-551	81	52	in	in	ADP
amfbr-551	81	53	the	the	DET
amfbr-551	81	54	model	model	NOUN
amfbr-551	81	55	.	.	PUNCT
amfbr-551	82	1	3	3	X
amfbr-551	82	2	.	.	X
amfbr-551	82	3	exchange	exchange	NOUN
amfbr-551	82	4	rate	rate	NOUN
amfbr-551	82	5	determination	determination	NOUN
amfbr-551	82	6	3.1	3.1	NUM
amfbr-551	82	7	real	real	ADJ
amfbr-551	82	8	economy	economy	NOUN
amfbr-551	82	9	sector	sector	NOUN
amfbr-551	82	10	equilibrium	equilibrium	NOUN
amfbr-551	82	11	the	the	DET
amfbr-551	82	12	equilibrium	equilibrium	NOUN
amfbr-551	82	13	condition	condition	NOUN
amfbr-551	82	14	in	in	ADP
amfbr-551	82	15	the	the	DET
amfbr-551	82	16	real	real	ADJ
amfbr-551	82	17	sector	sector	NOUN
amfbr-551	82	18	of	of	ADP
amfbr-551	82	19	the	the	DET
amfbr-551	82	20	economy	economy	NOUN
amfbr-551	82	21	is	be	AUX
amfbr-551	82	22	obtained	obtain	VERB
amfbr-551	82	23	by	by	ADP
amfbr-551	82	24	the	the	DET
amfbr-551	82	25	following	follow	VERB
amfbr-551	82	26	equation	equation	NOUN
amfbr-551	82	27	in	in	ADP
amfbr-551	82	28	the	the	DET
amfbr-551	82	29	macro	macro	NOUN
amfbr-551	82	30	-	-	ADJ
amfbr-551	82	31	economic	economic	ADJ
amfbr-551	82	32	:	:	PUNCT
amfbr-551	82	33	i	i	PRON
amfbr-551	82	34	–	–	PUNCT
amfbr-551	82	35	s	s	X
amfbr-551	82	36	+	+	CCONJ
amfbr-551	82	37	g	g	PROPN
amfbr-551	82	38	–	–	PUNCT
amfbr-551	82	39	t	t	PROPN
amfbr-551	82	40	+	+	CCONJ
amfbr-551	82	41	ex	ex	X
amfbr-551	82	42	i	i	PRON
amfbr-551	82	43	m	m	VERB
amfbr-551	82	44	–	–	PUNCT
amfbr-551	82	45	rf	rf	NOUN
amfbr-551	82	46	=	=	SYM
amfbr-551	82	47	0	0	NUM
amfbr-551	83	1	(	(	PUNCT
amfbr-551	83	2	1	1	X
amfbr-551	83	3	)	)	PUNCT
amfbr-551	83	4	i	i	PRON
amfbr-551	83	5	:	:	PUNCT
amfbr-551	83	6	private	private	ADJ
amfbr-551	83	7	sector	sector	NOUN
amfbr-551	83	8	investment	investment	NOUN
amfbr-551	83	9	costs	cost	NOUN
amfbr-551	83	10	,	,	PUNCT
amfbr-551	83	11	s	s	X
amfbr-551	83	12	:	:	PUNCT
amfbr-551	83	13	private	private	ADJ
amfbr-551	83	14	savings	saving	NOUN
amfbr-551	83	15	,	,	PUNCT
amfbr-551	83	16	g	g	NOUN
amfbr-551	83	17	:	:	PUNCT
amfbr-551	83	18	government	government	NOUN
amfbr-551	83	19	expenditures	expenditure	NOUN
amfbr-551	83	20	(	(	PUNCT
amfbr-551	83	21	both	both	CCONJ
amfbr-551	83	22	investment	investment	NOUN
amfbr-551	83	23	and	and	CCONJ
amfbr-551	83	24	consumption	consumption	NOUN
amfbr-551	83	25	)	)	PUNCT
amfbr-551	83	26	,	,	PUNCT
amfbr-551	83	27	t	t	PROPN
amfbr-551	83	28	:	:	PUNCT
amfbr-551	83	29	net	net	ADJ
amfbr-551	83	30	indirect	indirect	ADJ
amfbr-551	83	31	taxes	taxis	NOUN
amfbr-551	83	32	,	,	PUNCT
amfbr-551	83	33	ex	ex	NOUN
amfbr-551	83	34	:	:	PUNCT
amfbr-551	83	35	export	export	NOUN
amfbr-551	83	36	,	,	PUNCT
amfbr-551	83	37	i	i	PRON
amfbr-551	83	38	m	m	VERB
amfbr-551	83	39	:	:	PUNCT
amfbr-551	83	40	import	import	NOUN
amfbr-551	83	41	and	and	CCONJ
amfbr-551	83	42	rf	rf	NOUN
amfbr-551	83	43	:	:	PUNCT
amfbr-551	83	44	net	net	ADJ
amfbr-551	83	45	foreign	foreign	ADJ
amfbr-551	83	46	transfer	transfer	NOUN
amfbr-551	83	47	payments	payment	NOUN
amfbr-551	83	48	.	.	PUNCT
amfbr-551	84	1	the	the	DET
amfbr-551	84	2	equation	equation	NOUN
amfbr-551	84	3	shows	show	VERB
amfbr-551	84	4	that	that	SCONJ
amfbr-551	84	5	the	the	DET
amfbr-551	84	6	balance	balance	NOUN
amfbr-551	84	7	of	of	ADP
amfbr-551	84	8	aggregate	aggregate	ADJ
amfbr-551	84	9	supply	supply	NOUN
amfbr-551	84	10	and	and	CCONJ
amfbr-551	84	11	aggregate	aggregate	ADJ
amfbr-551	84	12	demand	demand	NOUN
amfbr-551	84	13	,	,	PUNCT
amfbr-551	84	14	which	which	PRON
amfbr-551	84	15	means	mean	VERB
amfbr-551	84	16	that	that	SCONJ
amfbr-551	84	17	the	the	DET
amfbr-551	84	18	sum	sum	NOUN
amfbr-551	84	19	of	of	ADP
amfbr-551	84	20	the	the	DET
amfbr-551	84	21	following	follow	VERB
amfbr-551	84	22	items	item	NOUN
amfbr-551	84	23	at	at	ADP
amfbr-551	84	24	macroeconomic	macroeconomic	ADJ
amfbr-551	84	25	level	level	NOUN
amfbr-551	84	26	must	must	AUX
amfbr-551	84	27	be	be	AUX
amfbr-551	84	28	equal	equal	ADJ
amfbr-551	84	29	to	to	ADP
amfbr-551	84	30	zero	zero	NUM
amfbr-551	84	31	:	:	PUNCT
amfbr-551	84	32			X
amfbr-551	84	33	net	net	ADJ
amfbr-551	84	34	(	(	PUNCT
amfbr-551	84	35	deficit	deficit	NOUN
amfbr-551	84	36	or	or	CCONJ
amfbr-551	84	37	surplus	surplus	NOUN
amfbr-551	84	38	)	)	PUNCT
amfbr-551	84	39	private	private	ADJ
amfbr-551	84	40	sector	sector	NOUN
amfbr-551	84	41	savings	saving	NOUN
amfbr-551	84	42	or	or	CCONJ
amfbr-551	84	43	borrowings	borrowing	NOUN
amfbr-551	84	44	(	(	PUNCT
amfbr-551	84	45	i	i	NOUN
amfbr-551	84	46	-	-	PUNCT
amfbr-551	84	47	s	s	NOUN
amfbr-551	84	48	)	)	PUNCT
amfbr-551	84	49			PART
amfbr-551	84	50	government	government	NOUN
amfbr-551	84	51	financial	financial	ADJ
amfbr-551	84	52	budget	budget	NOUN
amfbr-551	84	53	(	(	PUNCT
amfbr-551	84	54	deficit	deficit	NOUN
amfbr-551	84	55	or	or	CCONJ
amfbr-551	84	56	surplus	surplus	NOUN
amfbr-551	84	57	)	)	PUNCT
amfbr-551	84	58	(	(	PUNCT
amfbr-551	84	59	g	g	PROPN
amfbr-551	84	60	t	t	PROPN
amfbr-551	84	61	)	)	PUNCT
amfbr-551	84	62			PART
amfbr-551	84	63	net	net	NOUN
amfbr-551	84	64	(	(	PUNCT
amfbr-551	84	65	deficit	deficit	NOUN
amfbr-551	84	66	or	or	CCONJ
amfbr-551	84	67	surplus	surplus	ADJ
amfbr-551	84	68	bop	bop	NOUN
amfbr-551	84	69	)	)	PUNCT
amfbr-551	84	70	external	external	ADJ
amfbr-551	84	71	sector	sector	NOUN
amfbr-551	84	72	(	(	PUNCT
amfbr-551	84	73	ex	ex	X
amfbr-551	84	74	i	i	NOUN
amfbr-551	84	75	m	m	VERB
amfbr-551	84	76	–	–	PUNCT
amfbr-551	84	77	rf	rf	ADJ
amfbr-551	84	78	)	)	PUNCT
amfbr-551	84	79	3.2	3.2	NUM
amfbr-551	84	80	monetary	monetary	ADJ
amfbr-551	84	81	sector	sector	NOUN
amfbr-551	84	82	equilibrium	equilibrium	NOUN
amfbr-551	84	83	the	the	DET
amfbr-551	84	84	equilibrium	equilibrium	NOUN
amfbr-551	84	85	condition	condition	NOUN
amfbr-551	84	86	in	in	ADP
amfbr-551	84	87	the	the	DET
amfbr-551	84	88	monetary	monetary	ADJ
amfbr-551	84	89	sector	sector	NOUN
amfbr-551	84	90	of	of	ADP
amfbr-551	84	91	the	the	DET
amfbr-551	84	92	economy	economy	NOUN
amfbr-551	84	93	is	be	AUX
amfbr-551	84	94	obtained	obtain	VERB
amfbr-551	84	95	by	by	ADP
amfbr-551	84	96	the	the	DET
amfbr-551	84	97	following	follow	VERB
amfbr-551	84	98	equation	equation	NOUN
amfbr-551	84	99	:	:	PUNCT
amfbr-551	84	100	nfa	nfa	PROPN
amfbr-551	84	101	+	+	NUM
amfbr-551	84	102	ncg	ncg	PROPN
amfbr-551	84	103	+	+	PROPN
amfbr-551	84	104	ncp	ncp	PROPN
amfbr-551	84	105	+	+	CCONJ
amfbr-551	84	106	nk	nk	PROPN
amfbr-551	84	107	=	=	PROPN
amfbr-551	84	108	m2	m2	PROPN
amfbr-551	84	109	=	=	PUNCT
amfbr-551	84	110	td	td	PROPN
amfbr-551	84	111	+	+	CCONJ
amfbr-551	84	112	dd	dd	NOUN
amfbr-551	84	113	+	+	CCONJ
amfbr-551	84	114	cu	cu	PROPN
amfbr-551	84	115	(	(	PUNCT
amfbr-551	84	116	2	2	NUM
amfbr-551	84	117	)	)	PUNCT
amfbr-551	84	118	on	on	ADP
amfbr-551	84	119	the	the	DET
amfbr-551	84	120	left	left	ADJ
amfbr-551	84	121	side	side	NOUN
amfbr-551	84	122	of	of	ADP
amfbr-551	84	123	the	the	DET
amfbr-551	84	124	above	above	ADJ
amfbr-551	84	125	equation	equation	NOUN
amfbr-551	84	126	,	,	PUNCT
amfbr-551	84	127	liquidity	liquidity	NOUN
amfbr-551	84	128	uses	use	NOUN
amfbr-551	84	129	(	(	PUNCT
amfbr-551	84	130	m2	m2	PROPN
amfbr-551	84	131	)	)	PUNCT
amfbr-551	84	132	include	include	VERB
amfbr-551	84	133	net	net	ADJ
amfbr-551	84	134	foreign	foreign	ADJ
amfbr-551	84	135	assets	asset	NOUN
amfbr-551	84	136	(	(	PUNCT
amfbr-551	84	137	nfa	nfa	PROPN
amfbr-551	84	138	)	)	PUNCT
amfbr-551	84	139	,	,	PUNCT
amfbr-551	84	140	net	net	ADJ
amfbr-551	84	141	domestic	domestic	ADJ
amfbr-551	84	142	assets	asset	NOUN
amfbr-551	84	143	(	(	PUNCT
amfbr-551	84	144	nda	nda	PROPN
amfbr-551	84	145	)	)	PUNCT
amfbr-551	84	146	(	(	PUNCT
amfbr-551	84	147	including	include	VERB
amfbr-551	84	148	net	net	ADJ
amfbr-551	84	149	claims	claim	NOUN
amfbr-551	84	150	on	on	ADP
amfbr-551	84	151	government	government	NOUN
amfbr-551	84	152	(	(	PUNCT
amfbr-551	84	153	ncg	ncg	PROPN
amfbr-551	84	154	)	)	PUNCT
amfbr-551	84	155	,	,	PUNCT
amfbr-551	84	156	net	net	ADJ
amfbr-551	84	157	claims	claim	NOUN
amfbr-551	84	158	on	on	ADP
amfbr-551	84	159	private	private	ADJ
amfbr-551	84	160	sector	sector	NOUN
amfbr-551	84	161	(	(	PUNCT
amfbr-551	84	162	ncp	ncp	NOUN
amfbr-551	84	163	)	)	PUNCT
amfbr-551	84	164	and	and	CCONJ
amfbr-551	84	165	net	net	ADJ
amfbr-551	84	166	capital	capital	NOUN
amfbr-551	84	167	account	account	NOUN
amfbr-551	84	168	of	of	ADP
amfbr-551	84	169	the	the	DET
amfbr-551	84	170	banking	banking	NOUN
amfbr-551	84	171	system	system	NOUN
amfbr-551	84	172	(	(	PUNCT
amfbr-551	84	173	nk	nk	PROPN
amfbr-551	84	174	)	)	PUNCT
amfbr-551	84	175	(	(	PUNCT
amfbr-551	84	176	in	in	ADP
amfbr-551	84	177	the	the	DET
amfbr-551	84	178	form	form	NOUN
amfbr-551	84	179	of	of	ADP
amfbr-551	84	180	non	non	ADJ
amfbr-551	84	181	-	-	ADJ
amfbr-551	84	182	returnable	returnable	ADJ
amfbr-551	84	183	assets	asset	NOUN
amfbr-551	84	184	)	)	PUNCT
amfbr-551	84	185	.	.	PUNCT
amfbr-551	85	1	liquidity	liquidity	NOUN
amfbr-551	85	2	items	item	NOUN
amfbr-551	85	3	to	to	ADP
amfbr-551	85	4	the	the	DET
amfbr-551	85	5	right	right	NOUN
amfbr-551	85	6	of	of	ADP
amfbr-551	85	7	the	the	DET
amfbr-551	85	8	equation	equation	NOUN
amfbr-551	85	9	include	include	VERB
amfbr-551	85	10	time	time	NOUN
amfbr-551	85	11	deposits	deposit	NOUN
amfbr-551	85	12	(	(	PUNCT
amfbr-551	85	13	tds	tds	PROPN
amfbr-551	85	14	)	)	PUNCT
amfbr-551	85	15	,	,	PUNCT
amfbr-551	85	16	demand	demand	NOUN
amfbr-551	85	17	deposits	deposit	NOUN
amfbr-551	85	18	(	(	PUNCT
amfbr-551	85	19	dds	dds	PROPN
amfbr-551	85	20	)	)	PUNCT
amfbr-551	85	21	and	and	CCONJ
amfbr-551	85	22	money	money	NOUN
amfbr-551	85	23	(	(	PUNCT
amfbr-551	85	24	banknotes	banknote	NOUN
amfbr-551	85	25	and	and	CCONJ
amfbr-551	85	26	coins	coin	NOUN
amfbr-551	85	27	)	)	PUNCT
amfbr-551	85	28	in	in	ADP
amfbr-551	85	29	circulation	circulation	NOUN
amfbr-551	85	30	(	(	PUNCT
amfbr-551	85	31	cu	cu	PROPN
amfbr-551	85	32	)	)	PUNCT
amfbr-551	85	33	.	.	PUNCT
amfbr-551	86	1	for	for	ADP
amfbr-551	86	2	convenience	convenience	NOUN
amfbr-551	86	3	,	,	PUNCT
amfbr-551	86	4	the	the	DET
amfbr-551	86	5	value	value	NOUN
amfbr-551	86	6	of	of	ADP
amfbr-551	86	7	nk	nk	PROPN
amfbr-551	86	8	in	in	ADP
amfbr-551	86	9	the	the	DET
amfbr-551	86	10	ncp	ncp	NOUN
amfbr-551	86	11	can	can	AUX
amfbr-551	86	12	be	be	AUX
amfbr-551	86	13	considered	consider	VERB
amfbr-551	86	14	and	and	CCONJ
amfbr-551	86	15	the	the	DET
amfbr-551	86	16	following	follow	VERB
amfbr-551	86	17	equation	equation	NOUN
amfbr-551	86	18	can	can	AUX
amfbr-551	86	19	be	be	AUX
amfbr-551	86	20	used	use	VERB
amfbr-551	86	21	to	to	PART
amfbr-551	86	22	define	define	VERB
amfbr-551	86	23	liquidity	liquidity	NOUN
amfbr-551	86	24	:	:	PUNCT
amfbr-551	86	25	m2	m2	PROPN
amfbr-551	86	26	=	=	PROPN
amfbr-551	86	27	ncp	ncp	PROPN
amfbr-551	86	28	+	+	PROPN
amfbr-551	86	29	ncg	ncg	PROPN
amfbr-551	86	30	+	+	PROPN
amfbr-551	86	31	nfa	nfa	PROPN
amfbr-551	86	32	(	(	PUNCT
amfbr-551	86	33	3	3	NUM
amfbr-551	86	34	)	)	PUNCT
amfbr-551	86	35	3.3	3.3	NUM
amfbr-551	86	36	the	the	DET
amfbr-551	86	37	relationship	relationship	NOUN
amfbr-551	86	38	between	between	ADP
amfbr-551	86	39	the	the	DET
amfbr-551	86	40	real	real	ADJ
amfbr-551	86	41	and	and	CCONJ
amfbr-551	86	42	the	the	DET
amfbr-551	86	43	monetary	monetary	ADJ
amfbr-551	86	44	sector	sector	NOUN
amfbr-551	86	45	according	accord	VERB
amfbr-551	86	46	to	to	ADP
amfbr-551	86	47	fisher	fisher	PROPN
amfbr-551	86	48	definition	definition	NOUN
amfbr-551	86	49	,	,	PUNCT
amfbr-551	86	50	the	the	DET
amfbr-551	86	51	qtm	qtm	NOUN
amfbr-551	86	52	is	be	AUX
amfbr-551	86	53	defined	define	VERB
amfbr-551	86	54	as	as	ADP
amfbr-551	86	55	the	the	DET
amfbr-551	86	56	following	follow	VERB
amfbr-551	86	57	equation	equation	NOUN
amfbr-551	86	58	(	(	PUNCT
amfbr-551	86	59	mankio	mankio	NOUN
amfbr-551	86	60	,	,	PUNCT
amfbr-551	86	61	107	107	NUM
amfbr-551	86	62	:	:	SYM
amfbr-551	86	63	2016	2016	NUM
amfbr-551	86	64	):	):	PUNCT
amfbr-551	86	65	m.v	m.v	PROPN
amfbr-551	86	66	=	=	PROPN
amfbr-551	86	67	p.t	p.t	PROPN
amfbr-551	86	68	=	=	SYM
amfbr-551	86	69	t	t	PROPN
amfbr-551	86	70	(	(	PUNCT
amfbr-551	86	71	4	4	NUM
amfbr-551	86	72	)	)	PUNCT
amfbr-551	86	73	here	here	ADV
amfbr-551	86	74	,	,	PUNCT
amfbr-551	86	75	m	m	PRON
amfbr-551	86	76	:	:	PUNCT
amfbr-551	86	77	supply	supply	NOUN
amfbr-551	86	78	(	(	PUNCT
amfbr-551	86	79	or	or	CCONJ
amfbr-551	86	80	demand	demand	NOUN
amfbr-551	86	81	for	for	ADP
amfbr-551	86	82	money	money	NOUN
amfbr-551	86	83	)	)	PUNCT
amfbr-551	86	84	,	,	PUNCT
amfbr-551	86	85	v	v	NOUN
amfbr-551	86	86	:	:	PUNCT
amfbr-551	86	87	velocity	velocity	NOUN
amfbr-551	86	88	of	of	ADP
amfbr-551	86	89	money	money	NOUN
amfbr-551	86	90	,	,	PUNCT
amfbr-551	86	91	p	p	X
amfbr-551	86	92	:	:	PUNCT
amfbr-551	86	93	price	price	NOUN
amfbr-551	86	94	level	level	NOUN
amfbr-551	86	95	,	,	PUNCT
amfbr-551	86	96	t	t	NOUN
amfbr-551	86	97	:	:	PUNCT
amfbr-551	86	98	quantity	quantity	NOUN
amfbr-551	86	99	of	of	ADP
amfbr-551	86	100	goods	good	NOUN
amfbr-551	86	101	or	or	CCONJ
amfbr-551	86	102	services	service	NOUN
amfbr-551	86	103	traded	trade	VERB
amfbr-551	86	104	,	,	PUNCT
amfbr-551	86	105	t	t	PROPN
amfbr-551	86	106	:	:	PUNCT
amfbr-551	86	107	value	value	NOUN
amfbr-551	86	108	of	of	ADP
amfbr-551	86	109	goods	good	NOUN
amfbr-551	86	110	and	and	CCONJ
amfbr-551	86	111	services	service	NOUN
amfbr-551	86	112	traded	trade	VERB
amfbr-551	86	113	in	in	ADP
amfbr-551	86	114	the	the	DET
amfbr-551	86	115	economy	economy	NOUN
amfbr-551	86	116	.	.	PUNCT
amfbr-551	87	1	in	in	ADP
amfbr-551	87	2	other	other	ADJ
amfbr-551	87	3	words	word	NOUN
amfbr-551	87	4	,	,	PUNCT
amfbr-551	87	5	persons	person	NOUN
amfbr-551	87	6	(	(	PUNCT
amfbr-551	87	7	2012	2012	NUM
amfbr-551	87	8	)	)	PUNCT
amfbr-551	87	9	in	in	ADP
amfbr-551	87	10	his	his	PRON
amfbr-551	87	11	book	book	NOUN
amfbr-551	87	12	,	,	PUNCT
amfbr-551	87	13	purchasing	purchase	VERB
amfbr-551	87	14	power	power	NOUN
amfbr-551	87	15	of	of	ADP
amfbr-551	87	16	money	money	NOUN
amfbr-551	87	17	,	,	PUNCT
amfbr-551	87	18	describes	describe	VERB
amfbr-551	87	19	the	the	DET
amfbr-551	87	20	relationship	relationship	NOUN
amfbr-551	87	21	between	between	ADP
amfbr-551	87	22	money	money	NOUN
amfbr-551	87	23	and	and	CCONJ
amfbr-551	87	24	transactions	transaction	NOUN
amfbr-551	87	25	in	in	ADP
amfbr-551	87	26	the	the	DET
amfbr-551	87	27	economy	economy	NOUN
amfbr-551	87	28	,	,	PUNCT
amfbr-551	87	29	while	while	SCONJ
amfbr-551	87	30	other	other	ADJ
amfbr-551	87	31	economists	economist	NOUN
amfbr-551	87	32	in	in	ADP
amfbr-551	87	33	qtm	qtm	NOUN
amfbr-551	87	34	explain	explain	VERB
amfbr-551	87	35	the	the	DET
amfbr-551	87	36	relationship	relationship	NOUN
amfbr-551	87	37	between	between	ADP
amfbr-551	87	38	income	income	NOUN
amfbr-551	87	39	and	and	CCONJ
amfbr-551	87	40	money	money	NOUN
amfbr-551	87	41	.	.	PUNCT
amfbr-551	88	1	in	in	ADP
amfbr-551	88	2	other	other	ADJ
amfbr-551	88	3	words	word	NOUN
amfbr-551	88	4	,	,	PUNCT
amfbr-551	88	5	the	the	DET
amfbr-551	88	6	following	follow	VERB
amfbr-551	88	7	can	can	AUX
amfbr-551	88	8	be	be	AUX
amfbr-551	88	9	said	say	VERB
amfbr-551	88	10	:	:	PUNCT
amfbr-551	88	11	m.v	m.v	PROPN
amfbr-551	88	12	=	=	SYM
amfbr-551	88	13	p.t	p.t	PROPN
amfbr-551	88	14	=	=	SYM
amfbr-551	88	15	t	t	PROPN
amfbr-551	88	16	=	=	PUNCT
amfbr-551	88	17	p.as	p.as	PROPN
amfbr-551	88	18	=	=	PUNCT
amfbr-551	88	19	p.ad	p.ad	NOUN
amfbr-551	88	20	=	=	PUNCT
amfbr-551	88	21	as	as	ADP
amfbr-551	88	22	=	=	NOUN
amfbr-551	88	23	ad	ad	NOUN
amfbr-551	88	24	(	(	PUNCT
amfbr-551	88	25	5	5	NUM
amfbr-551	88	26	)	)	PUNCT
amfbr-551	88	27	ad	ad	NOUN
amfbr-551	88	28	:	:	PUNCT
amfbr-551	88	29	aggregate	aggregate	ADJ
amfbr-551	88	30	demand	demand	NOUN
amfbr-551	88	31	in	in	ADP
amfbr-551	88	32	economy	economy	NOUN
amfbr-551	88	33	at	at	ADP
amfbr-551	88	34	constant	constant	ADJ
amfbr-551	88	35	price	price	NOUN
amfbr-551	88	36	,	,	PUNCT
amfbr-551	88	37	as	as	ADP
amfbr-551	88	38	:	:	PUNCT
amfbr-551	88	39	aggregate	aggregate	ADJ
amfbr-551	88	40	supply	supply	NOUN
amfbr-551	88	41	in	in	ADP
amfbr-551	88	42	economy	economy	NOUN
amfbr-551	88	43	at	at	ADP
amfbr-551	88	44	constant	constant	ADJ
amfbr-551	88	45	price	price	NOUN
amfbr-551	88	46	,	,	PUNCT
amfbr-551	88	47	as	as	ADP
amfbr-551	88	48	:	:	PUNCT
amfbr-551	88	49	aggregate	aggregate	ADJ
amfbr-551	88	50	supply	supply	NOUN
amfbr-551	88	51	in	in	ADP
amfbr-551	88	52	nominal	nominal	ADJ
amfbr-551	88	53	price	price	NOUN
amfbr-551	88	54	,	,	PUNCT
amfbr-551	88	55	and	and	CCONJ
amfbr-551	88	56	ad	ad	NOUN
amfbr-551	88	57	:	:	PUNCT
amfbr-551	88	58	aggregate	aggregate	ADJ
amfbr-551	88	59	demand	demand	NOUN
amfbr-551	88	60	in	in	ADP
amfbr-551	88	61	economy	economy	NOUN
amfbr-551	88	62	in	in	ADP
amfbr-551	88	63	nominal	nominal	ADJ
amfbr-551	88	64	price	price	NOUN
amfbr-551	88	65	.	.	PUNCT
amfbr-551	89	1	according	accord	VERB
amfbr-551	89	2	to	to	ADP
amfbr-551	89	3	the	the	DET
amfbr-551	89	4	above	above	ADJ
amfbr-551	89	5	equations	equation	NOUN
amfbr-551	89	6	,	,	PUNCT
amfbr-551	89	7	multiplying	multiply	VERB
amfbr-551	89	8	the	the	DET
amfbr-551	89	9	amount	amount	NOUN
amfbr-551	89	10	of	of	ADP
amfbr-551	89	11	money	money	NOUN
amfbr-551	89	12	by	by	ADP
amfbr-551	89	13	the	the	DET
amfbr-551	89	14	velocity	velocity	NOUN
amfbr-551	89	15	of	of	ADP
amfbr-551	89	16	money	money	NOUN
amfbr-551	89	17	is	be	AUX
amfbr-551	89	18	equal	equal	ADJ
amfbr-551	89	19	to	to	ADP
amfbr-551	89	20	the	the	DET
amfbr-551	89	21	value	value	NOUN
amfbr-551	89	22	of	of	ADP
amfbr-551	89	23	transactions	transaction	NOUN
amfbr-551	89	24	in	in	ADP
amfbr-551	89	25	the	the	DET
amfbr-551	89	26	economy	economy	NOUN
amfbr-551	89	27	.	.	PUNCT
amfbr-551	90	1	substituting	substitute	VERB
amfbr-551	90	2	equation	equation	NOUN
amfbr-551	90	3	(	(	PUNCT
amfbr-551	90	4	3	3	NUM
amfbr-551	90	5	)	)	PUNCT
amfbr-551	90	6	into	into	ADP
amfbr-551	90	7	equation	equation	NOUN
amfbr-551	90	8	(	(	PUNCT
amfbr-551	90	9	4	4	NUM
amfbr-551	90	10	)	)	PUNCT
amfbr-551	90	11	or	or	CCONJ
amfbr-551	90	12	(	(	PUNCT
amfbr-551	90	13	5	5	X
amfbr-551	90	14	)	)	PUNCT
amfbr-551	90	15	can	can	AUX
amfbr-551	90	16	be	be	AUX
amfbr-551	90	17	written	write	VERB
amfbr-551	90	18	as	as	SCONJ
amfbr-551	90	19	follows	follow	VERB
amfbr-551	90	20	:	:	PUNCT
amfbr-551	91	1	copyright	copyright	NOUN
amfbr-551	91	2	©	©	PROPN
amfbr-551	91	3	cc	cc	PROPN
amfbr-551	91	4	-	-	PUNCT
amfbr-551	91	5	by	by	ADP
amfbr-551	91	6	-	-	PUNCT
amfbr-551	91	7	nc	nc	PROPN
amfbr-551	91	8	2020	2020	NUM
amfbr-551	91	9	,	,	PUNCT
amfbr-551	91	10	cribfb	cribfb	PROPN
amfbr-551	91	11	|	|	ADV
amfbr-551	91	12	amfbr	amfbr	ADJ
amfbr-551	91	13	www.cribfb.com/journal/index.php/amfbr	www.cribfb.com/journal/index.php/amfbr	PROPN
amfbr-551	91	14	american	american	PROPN
amfbr-551	91	15	finance	finance	PROPN
amfbr-551	91	16	&	&	CCONJ
amfbr-551	91	17	banking	banking	PROPN
amfbr-551	91	18	review	review	PROPN
amfbr-551	91	19	vol	vol	NOUN
amfbr-551	91	20	.	.	PROPN
amfbr-551	91	21	5	5	NUM
amfbr-551	91	22	,	,	PUNCT
amfbr-551	91	23	no	no	INTJ
amfbr-551	91	24	.	.	NOUN
amfbr-551	91	25	1	1	NUM
amfbr-551	91	26	;	;	PUNCT
amfbr-551	91	27	2020	2020	NUM
amfbr-551	91	28	31	31	NUM
amfbr-551	91	29	m.v	m.v	PROPN
amfbr-551	91	30	=	=	SYM
amfbr-551	91	31	v[ncp	v[ncp	NOUN
amfbr-551	92	1	+	+	CCONJ
amfbr-551	92	2	ncg	ncg	PROPN
amfbr-551	92	3	+	+	PROPN
amfbr-551	92	4	nfa	nfa	X
amfbr-551	92	5	]	]	X
amfbr-551	92	6	=	=	PUNCT
amfbr-551	92	7	p.t	p.t	PROPN
amfbr-551	92	8	=	=	SYM
amfbr-551	92	9	p.as	p.as	NOUN
amfbr-551	92	10	=	=	NOUN
amfbr-551	92	11	as	as	ADP
amfbr-551	92	12	(	(	PUNCT
amfbr-551	92	13	6	6	NUM
amfbr-551	92	14	)	)	PUNCT
amfbr-551	92	15	in	in	ADP
amfbr-551	92	16	order	order	NOUN
amfbr-551	92	17	to	to	PART
amfbr-551	92	18	connect	connect	VERB
amfbr-551	92	19	a	a	DET
amfbr-551	92	20	relationship	relationship	NOUN
amfbr-551	92	21	between	between	ADP
amfbr-551	92	22	the	the	DET
amfbr-551	92	23	real	real	ADJ
amfbr-551	92	24	economy	economy	NOUN
amfbr-551	92	25	sector	sector	NOUN
amfbr-551	92	26	(	(	PUNCT
amfbr-551	92	27	goods	good	NOUN
amfbr-551	92	28	and	and	CCONJ
amfbr-551	92	29	services	service	NOUN
amfbr-551	92	30	)	)	PUNCT
amfbr-551	92	31	and	and	CCONJ
amfbr-551	92	32	the	the	DET
amfbr-551	92	33	monetary	monetary	ADJ
amfbr-551	92	34	sector	sector	NOUN
amfbr-551	92	35	in	in	ADP
amfbr-551	92	36	the	the	DET
amfbr-551	92	37	economy	economy	NOUN
amfbr-551	92	38	,	,	PUNCT
amfbr-551	92	39	the	the	DET
amfbr-551	92	40	above	above	ADJ
amfbr-551	92	41	equation	equation	NOUN
amfbr-551	92	42	is	be	AUX
amfbr-551	92	43	differentiated	differentiate	VERB
amfbr-551	92	44	.	.	PUNCT
amfbr-551	93	1	assuming	assume	VERB
amfbr-551	93	2	v	v	NOUN
amfbr-551	93	3	remains	remain	VERB
amfbr-551	93	4	unchanged	unchanged	ADJ
amfbr-551	93	5	,	,	PUNCT
amfbr-551	93	6	the	the	DET
amfbr-551	93	7	following	follow	VERB
amfbr-551	93	8	equation	equation	NOUN
amfbr-551	93	9	can	can	AUX
amfbr-551	93	10	be	be	AUX
amfbr-551	93	11	obtained	obtain	VERB
amfbr-551	93	12	:	:	PUNCT
amfbr-551	93	13	v.δm	v.δm	X
amfbr-551	93	14	=	=	NOUN
amfbr-551	93	15	v.δncp	v.δncp	NOUN
amfbr-551	93	16	+	+	CCONJ
amfbr-551	94	1	v.	v.	ADP
amfbr-551	94	2	δncg	δncg	NOUN
amfbr-551	94	3	+	+	NOUN
amfbr-551	94	4	v.δnfa	v.δnfa	NOUN
amfbr-551	94	5	(	(	PUNCT
amfbr-551	94	6	7	7	X
amfbr-551	94	7	)	)	PUNCT
amfbr-551	94	8	the	the	DET
amfbr-551	94	9	right	right	ADJ
amfbr-551	94	10	side	side	NOUN
amfbr-551	94	11	of	of	ADP
amfbr-551	94	12	the	the	DET
amfbr-551	94	13	equation	equation	NOUN
amfbr-551	94	14	(	(	PUNCT
amfbr-551	94	15	7	7	X
amfbr-551	94	16	)	)	PUNCT
amfbr-551	94	17	can	can	AUX
amfbr-551	94	18	be	be	AUX
amfbr-551	94	19	divided	divide	VERB
amfbr-551	94	20	into	into	ADP
amfbr-551	94	21	two	two	NUM
amfbr-551	94	22	groups	group	NOUN
amfbr-551	94	23	of	of	ADP
amfbr-551	94	24	banking	banking	NOUN
amfbr-551	94	25	system	system	NOUN
amfbr-551	94	26	assets	asset	NOUN
amfbr-551	94	27	:	:	PUNCT
amfbr-551	94	28	nda	nda	PROPN
amfbr-551	94	29	and	and	CCONJ
amfbr-551	94	30	nfa	nfa	PROPN
amfbr-551	94	31	.	.	PUNCT
amfbr-551	95	1	in	in	ADP
amfbr-551	95	2	other	other	ADJ
amfbr-551	95	3	words	word	NOUN
amfbr-551	95	4	,	,	PUNCT
amfbr-551	95	5	equation	equation	NOUN
amfbr-551	95	6	(	(	PUNCT
amfbr-551	95	7	7	7	X
amfbr-551	95	8	)	)	PUNCT
amfbr-551	95	9	can	can	AUX
amfbr-551	95	10	be	be	AUX
amfbr-551	95	11	rewritten	rewrite	VERB
amfbr-551	95	12	as	as	SCONJ
amfbr-551	95	13	equation	equation	NOUN
amfbr-551	95	14	(	(	PUNCT
amfbr-551	95	15	8)	8)	NUM
amfbr-551	95	16	:	:	PUNCT
amfbr-551	95	17	v.δm	v.δm	PROPN
amfbr-551	95	18	=	=	X
amfbr-551	95	19	v.δnda+v.δnfa	v.δnda+v.δnfa	X
amfbr-551	95	20	(	(	PUNCT
amfbr-551	95	21	8)	8)	NUM
amfbr-551	95	22	on	on	ADP
amfbr-551	95	23	the	the	DET
amfbr-551	95	24	left	left	ADJ
amfbr-551	95	25	side	side	NOUN
amfbr-551	95	26	of	of	ADP
amfbr-551	95	27	the	the	DET
amfbr-551	95	28	equation	equation	NOUN
amfbr-551	95	29	(	(	PUNCT
amfbr-551	95	30	8)	8)	NUM
amfbr-551	95	31	,	,	PUNCT
amfbr-551	95	32	the	the	DET
amfbr-551	95	33	changes	change	NOUN
amfbr-551	95	34	in	in	ADP
amfbr-551	95	35	the	the	DET
amfbr-551	95	36	supply	supply	NOUN
amfbr-551	95	37	or	or	CCONJ
amfbr-551	95	38	demand	demand	NOUN
amfbr-551	95	39	of	of	ADP
amfbr-551	95	40	money	money	NOUN
amfbr-551	95	41	multiply	multiply	ADV
amfbr-551	95	42	by	by	ADP
amfbr-551	95	43	the	the	DET
amfbr-551	95	44	velocity	velocity	NOUN
amfbr-551	95	45	of	of	ADP
amfbr-551	95	46	money	money	NOUN
amfbr-551	95	47	,	,	PUNCT
amfbr-551	95	48	can	can	AUX
amfbr-551	95	49	be	be	AUX
amfbr-551	95	50	divided	divide	VERB
amfbr-551	95	51	into	into	ADP
amfbr-551	95	52	two	two	NUM
amfbr-551	95	53	parts	part	NOUN
amfbr-551	95	54	the	the	DET
amfbr-551	95	55	sum	sum	NOUN
amfbr-551	95	56	of	of	ADP
amfbr-551	95	57	the	the	DET
amfbr-551	95	58	changes	change	NOUN
amfbr-551	95	59	of	of	ADP
amfbr-551	95	60	the	the	DET
amfbr-551	95	61	domestic	domestic	ADJ
amfbr-551	95	62	(	(	PUNCT
amfbr-551	95	63	δms	δms	NOUN
amfbr-551	95	64	)	)	PUNCT
amfbr-551	95	65	and	and	CCONJ
amfbr-551	95	66	foreign	foreign	ADJ
amfbr-551	95	67	(	(	PUNCT
amfbr-551	95	68	δms	δms	NOUN
amfbr-551	95	69	*	*	NOUN
amfbr-551	95	70	)	)	PUNCT
amfbr-551	95	71	money	money	NOUN
amfbr-551	95	72	supply	supply	NOUN
amfbr-551	95	73	(	(	PUNCT
amfbr-551	95	74	in	in	ADP
amfbr-551	95	75	the	the	DET
amfbr-551	95	76	domestic	domestic	ADJ
amfbr-551	95	77	money	money	NOUN
amfbr-551	95	78	)	)	PUNCT
amfbr-551	95	79	multiply	multiply	ADV
amfbr-551	95	80	by	by	ADP
amfbr-551	95	81	the	the	DET
amfbr-551	95	82	velocity	velocity	NOUN
amfbr-551	95	83	of	of	ADP
amfbr-551	95	84	money	money	NOUN
amfbr-551	95	85	(	(	PUNCT
amfbr-551	95	86	v	v	NOUN
amfbr-551	95	87	)	)	PUNCT
amfbr-551	95	88	.	.	PUNCT
amfbr-551	96	1	in	in	ADP
amfbr-551	96	2	other	other	ADJ
amfbr-551	96	3	words	word	NOUN
amfbr-551	96	4	,	,	PUNCT
amfbr-551	96	5	the	the	DET
amfbr-551	96	6	left	left	NOUN
amfbr-551	96	7	of	of	ADP
amfbr-551	96	8	equation	equation	NOUN
amfbr-551	96	9	(	(	PUNCT
amfbr-551	96	10	8)	8)	NUM
amfbr-551	96	11	can	can	AUX
amfbr-551	96	12	be	be	AUX
amfbr-551	96	13	written	write	VERB
amfbr-551	96	14	as	as	ADP
amfbr-551	96	15	:	:	PUNCT
amfbr-551	96	16	v	v	NUM
amfbr-551	96	17	.δm	.δm	PUNCT
amfbr-551	96	18	=	=	SYM
amfbr-551	96	19	v	v	NOUN
amfbr-551	96	20	(	(	PUNCT
amfbr-551	96	21	δms	δms	NOUN
amfbr-551	96	22	+	+	NOUN
amfbr-551	96	23	δms	δms	NOUN
amfbr-551	96	24	*	*	NOUN
amfbr-551	96	25	)	)	PUNCT
amfbr-551	96	26	(	(	PUNCT
amfbr-551	96	27	9	9	NUM
amfbr-551	96	28	)	)	PUNCT
amfbr-551	96	29	since	since	SCONJ
amfbr-551	96	30	the	the	DET
amfbr-551	96	31	result	result	NOUN
amfbr-551	96	32	of	of	ADP
amfbr-551	96	33	changes	change	NOUN
amfbr-551	96	34	in	in	ADP
amfbr-551	96	35	domestic	domestic	ADJ
amfbr-551	96	36	money	money	NOUN
amfbr-551	96	37	supply	supply	NOUN
amfbr-551	96	38	multiply	multiply	NOUN
amfbr-551	96	39	by	by	ADP
amfbr-551	96	40	the	the	DET
amfbr-551	96	41	domestic	domestic	ADJ
amfbr-551	96	42	velocity	velocity	NOUN
amfbr-551	96	43	of	of	ADP
amfbr-551	96	44	money	money	NOUN
amfbr-551	96	45	comes	come	VERB
amfbr-551	96	46	from	from	ADP
amfbr-551	96	47	the	the	DET
amfbr-551	96	48	changes	change	NOUN
amfbr-551	96	49	in	in	ADP
amfbr-551	96	50	net	net	ADJ
amfbr-551	96	51	domestic	domestic	ADJ
amfbr-551	96	52	assets	asset	NOUN
amfbr-551	96	53	of	of	ADP
amfbr-551	96	54	the	the	DET
amfbr-551	96	55	banking	banking	NOUN
amfbr-551	96	56	system	system	NOUN
amfbr-551	96	57	multiply	multiply	NOUN
amfbr-551	96	58	by	by	ADP
amfbr-551	96	59	the	the	DET
amfbr-551	96	60	velocity	velocity	NOUN
amfbr-551	96	61	of	of	ADP
amfbr-551	96	62	money	money	NOUN
amfbr-551	96	63	(	(	PUNCT
amfbr-551	96	64	v.δnda	v.δnda	ADJ
amfbr-551	96	65	)	)	PUNCT
amfbr-551	96	66	,	,	PUNCT
amfbr-551	96	67	and	and	CCONJ
amfbr-551	96	68	the	the	DET
amfbr-551	96	69	result	result	NOUN
amfbr-551	96	70	of	of	ADP
amfbr-551	96	71	changes	change	NOUN
amfbr-551	96	72	in	in	ADP
amfbr-551	96	73	the	the	DET
amfbr-551	96	74	foreign	foreign	ADJ
amfbr-551	96	75	money	money	NOUN
amfbr-551	96	76	supply	supply	NOUN
amfbr-551	96	77	multiply	multiply	NOUN
amfbr-551	96	78	by	by	ADP
amfbr-551	96	79	the	the	DET
amfbr-551	96	80	foreign	foreign	ADJ
amfbr-551	96	81	velocity	velocity	NOUN
amfbr-551	96	82	of	of	ADP
amfbr-551	96	83	money	money	NOUN
amfbr-551	96	84	caused	cause	VERB
amfbr-551	96	85	by	by	ADP
amfbr-551	96	86	the	the	DET
amfbr-551	96	87	changes	change	NOUN
amfbr-551	96	88	in	in	ADP
amfbr-551	96	89	the	the	DET
amfbr-551	96	90	net	net	ADJ
amfbr-551	96	91	foreign	foreign	ADJ
amfbr-551	96	92	assets	asset	NOUN
amfbr-551	96	93	of	of	ADP
amfbr-551	96	94	the	the	DET
amfbr-551	96	95	banking	banking	NOUN
amfbr-551	96	96	system	system	NOUN
amfbr-551	96	97	multiply	multiply	NOUN
amfbr-551	96	98	by	by	ADP
amfbr-551	96	99	the	the	DET
amfbr-551	96	100	velocity	velocity	NOUN
amfbr-551	96	101	of	of	ADP
amfbr-551	96	102	money	money	NOUN
amfbr-551	96	103	(	(	PUNCT
amfbr-551	96	104	in	in	ADP
amfbr-551	96	105	domestic	domestic	ADJ
amfbr-551	96	106	money	money	NOUN
amfbr-551	96	107	)	)	PUNCT
amfbr-551	96	108	,	,	PUNCT
amfbr-551	96	109	so	so	CCONJ
amfbr-551	96	110	by	by	ADP
amfbr-551	96	111	using	use	VERB
amfbr-551	96	112	the	the	DET
amfbr-551	96	113	equation	equation	NOUN
amfbr-551	96	114	(	(	PUNCT
amfbr-551	96	115	8)	8)	NUM
amfbr-551	96	116	and	and	CCONJ
amfbr-551	96	117	(	(	PUNCT
amfbr-551	96	118	9	9	NUM
amfbr-551	96	119	)	)	PUNCT
amfbr-551	96	120	,	,	PUNCT
amfbr-551	96	121	we	we	PRON
amfbr-551	96	122	can	can	AUX
amfbr-551	96	123	write	write	VERB
amfbr-551	96	124	the	the	DET
amfbr-551	96	125	following	follow	VERB
amfbr-551	96	126	equations	equation	NOUN
amfbr-551	96	127	:	:	PUNCT
amfbr-551	97	1	v.	v.	CCONJ
amfbr-551	97	2	δms=	δms=	NUM
amfbr-551	97	3	v.δnda	v.δnda	NOUN
amfbr-551	97	4	(	(	PUNCT
amfbr-551	97	5	10	10	NUM
amfbr-551	97	6	)	)	PUNCT
amfbr-551	97	7	v.e.δms*=v.δnfa	v.e.δms*=v.δnfa	NOUN
amfbr-551	97	8	(	(	PUNCT
amfbr-551	97	9	11	11	NUM
amfbr-551	97	10	)	)	PUNCT
amfbr-551	97	11	assuming	assume	VERB
amfbr-551	97	12	,	,	PUNCT
amfbr-551	97	13	the	the	DET
amfbr-551	97	14	foreign	foreign	ADJ
amfbr-551	97	15	prices	price	NOUN
amfbr-551	97	16	stability	stability	NOUN
amfbr-551	97	17	,	,	PUNCT
amfbr-551	97	18	only	only	ADV
amfbr-551	97	19	one	one	NUM
amfbr-551	97	20	foreign	foreign	ADJ
amfbr-551	97	21	currency	currency	NOUN
amfbr-551	97	22	in	in	ADP
amfbr-551	97	23	outside	outside	ADP
amfbr-551	97	24	the	the	DET
amfbr-551	97	25	world	world	NOUN
amfbr-551	97	26	that	that	PRON
amfbr-551	97	27	can	can	AUX
amfbr-551	97	28	be	be	AUX
amfbr-551	97	29	converted	convert	VERB
amfbr-551	97	30	into	into	ADP
amfbr-551	97	31	domestic	domestic	ADJ
amfbr-551	97	32	currency	currency	NOUN
amfbr-551	97	33	by	by	ADP
amfbr-551	97	34	the	the	DET
amfbr-551	97	35	exchange	exchange	NOUN
amfbr-551	97	36	rate	rate	NOUN
amfbr-551	97	37	(	(	PUNCT
amfbr-551	97	38	e	e	NOUN
amfbr-551	97	39	)	)	PUNCT
amfbr-551	97	40	,	,	PUNCT
amfbr-551	97	41	given	give	VERB
amfbr-551	97	42	the	the	DET
amfbr-551	97	43	stability	stability	NOUN
amfbr-551	97	44	of	of	ADP
amfbr-551	97	45	the	the	DET
amfbr-551	97	46	domestic	domestic	ADJ
amfbr-551	97	47	-	-	PUNCT
amfbr-551	97	48	to	to	ADP
amfbr-551	97	49	-	-	PUNCT
amfbr-551	97	50	foreign	foreign	ADJ
amfbr-551	97	51	money	money	NOUN
amfbr-551	97	52	demand	demand	NOUN
amfbr-551	97	53	ratio	ratio	NOUN
amfbr-551	97	54	(	(	PUNCT
amfbr-551	97	55	k.y/	k.y/	PROPN
amfbr-551	97	56	k*.y	k*.y	PROPN
amfbr-551	97	57	*	*	PUNCT
amfbr-551	97	58	=	=	SYM
amfbr-551	97	59	1	1	NUM
amfbr-551	97	60	)	)	PUNCT
amfbr-551	97	61	,	,	PUNCT
amfbr-551	97	62	purchasing	purchase	VERB
amfbr-551	97	63	power	power	NOUN
amfbr-551	97	64	parity	parity	NOUN
amfbr-551	97	65	(	(	PUNCT
amfbr-551	97	66	ppp=	ppp=	NOUN
amfbr-551	97	67	p	p	NOUN
amfbr-551	97	68	/	/	SYM
amfbr-551	97	69	p	p	NOUN
amfbr-551	97	70	*	*	NOUN
amfbr-551	97	71	)	)	PUNCT
amfbr-551	97	72	validity	validity	NOUN
amfbr-551	97	73	,	,	PUNCT
amfbr-551	97	74	so	so	CCONJ
amfbr-551	97	75	in	in	ADP
amfbr-551	97	76	accordance	accordance	NOUN
amfbr-551	97	77	with	with	ADP
amfbr-551	97	78	the	the	DET
amfbr-551	97	79	monetary	monetary	ADJ
amfbr-551	97	80	model	model	NOUN
amfbr-551	97	81	exchange	exchange	NOUN
amfbr-551	97	82	rates	rate	NOUN
amfbr-551	97	83	,	,	PUNCT
amfbr-551	97	84	the	the	DET
amfbr-551	97	85	following	follow	VERB
amfbr-551	97	86	equations	equation	NOUN
amfbr-551	97	87	can	can	AUX
amfbr-551	97	88	be	be	AUX
amfbr-551	97	89	defined	define	VERB
amfbr-551	97	90	for	for	ADP
amfbr-551	97	91	the	the	DET
amfbr-551	97	92	exchange	exchange	NOUN
amfbr-551	97	93	rate	rate	NOUN
amfbr-551	97	94	.	.	PUNCT
amfbr-551	98	1	e	e	X
amfbr-551	98	2	=	=	SYM
amfbr-551	98	3	ms/	ms/	ADJ
amfbr-551	98	4	ms*/	ms*/	PROPN
amfbr-551	98	5	k.	k.	PROPN
amfbr-551	98	6	y/	y/	VERB
amfbr-551	99	1	k	k	X
amfbr-551	99	2	*	*	PUNCT
amfbr-551	99	3	.	.	PUNCT
amfbr-551	100	1	y*=	y*=	PROPN
amfbr-551	100	2	nda	nda	PROPN
amfbr-551	100	3	/	/	SYM
amfbr-551	100	4	nfa	nfa	PROPN
amfbr-551	100	5	(	(	PUNCT
amfbr-551	100	6	12	12	NUM
amfbr-551	100	7	)	)	PUNCT
amfbr-551	100	8	v.δe=	v.δe=	NOUN
amfbr-551	100	9	v.δnda/	v.δnda/	PROPN
amfbr-551	100	10	v.δnfa	v.δnfa	NOUN
amfbr-551	100	11	(	(	PUNCT
amfbr-551	100	12	13	13	NUM
amfbr-551	100	13	)	)	PUNCT
amfbr-551	100	14	by	by	ADP
amfbr-551	100	15	simplifying	simplify	VERB
amfbr-551	100	16	algebraic	algebraic	ADJ
amfbr-551	100	17	equation	equation	NOUN
amfbr-551	100	18	(	(	PUNCT
amfbr-551	100	19	12	12	NUM
amfbr-551	100	20	)	)	PUNCT
amfbr-551	100	21	and	and	CCONJ
amfbr-551	100	22	taking	take	VERB
amfbr-551	100	23	the	the	DET
amfbr-551	100	24	logarithm	logarithm	NOUN
amfbr-551	100	25	and	and	CCONJ
amfbr-551	100	26	the	the	DET
amfbr-551	100	27	derivative	derivative	NOUN
amfbr-551	100	28	from	from	ADP
amfbr-551	100	29	the	the	DET
amfbr-551	100	30	both	both	DET
amfbr-551	100	31	sides	side	NOUN
amfbr-551	100	32	,	,	PUNCT
amfbr-551	100	33	the	the	DET
amfbr-551	100	34	following	follow	VERB
amfbr-551	100	35	equation	equation	NOUN
amfbr-551	100	36	is	be	AUX
amfbr-551	100	37	obtained	obtain	VERB
amfbr-551	100	38	:	:	PUNCT
amfbr-551	100	39	(	(	PUNCT
amfbr-551	100	40	14	14	NUM
amfbr-551	100	41	)	)	PUNCT
amfbr-551	100	42	the	the	DET
amfbr-551	100	43	equation	equation	NOUN
amfbr-551	100	44	shows	show	VERB
amfbr-551	100	45	that	that	SCONJ
amfbr-551	100	46	the	the	DET
amfbr-551	100	47	percentage	percentage	NOUN
amfbr-551	100	48	of	of	ADP
amfbr-551	100	49	exchange	exchange	NOUN
amfbr-551	100	50	rate	rate	NOUN
amfbr-551	100	51	changes	change	NOUN
amfbr-551	100	52	,	,	PUNCT
amfbr-551	100	53	in	in	SCONJ
amfbr-551	100	54	case	case	NOUN
amfbr-551	100	55	ceteris	ceteris	NOUN
amfbr-551	100	56	paribus	paribus	NOUN
amfbr-551	100	57	mentioned	mention	VERB
amfbr-551	100	58	in	in	ADP
amfbr-551	100	59	this	this	DET
amfbr-551	100	60	study	study	NOUN
amfbr-551	100	61	,	,	PUNCT
amfbr-551	100	62	is	be	AUX
amfbr-551	100	63	directly	directly	ADV
amfbr-551	100	64	related	relate	VERB
amfbr-551	100	65	to	to	ADP
amfbr-551	100	66	the	the	DET
amfbr-551	100	67	percentage	percentage	NOUN
amfbr-551	100	68	of	of	ADP
amfbr-551	100	69	nda	nda	NOUN
amfbr-551	100	70	and	and	CCONJ
amfbr-551	100	71	inversely	inversely	ADV
amfbr-551	100	72	related	relate	VERB
amfbr-551	100	73	to	to	ADP
amfbr-551	100	74	the	the	DET
amfbr-551	100	75	percentage	percentage	NOUN
amfbr-551	100	76	nfa	nfa	PROPN
amfbr-551	100	77	of	of	ADP
amfbr-551	100	78	the	the	DET
amfbr-551	100	79	banking	banking	NOUN
amfbr-551	100	80	system	system	NOUN
amfbr-551	100	81	.	.	PUNCT
amfbr-551	101	1	it	it	PRON
amfbr-551	101	2	is	be	AUX
amfbr-551	101	3	now	now	ADV
amfbr-551	101	4	possible	possible	ADJ
amfbr-551	101	5	to	to	PART
amfbr-551	101	6	examine	examine	VERB
amfbr-551	101	7	each	each	PRON
amfbr-551	101	8	of	of	ADP
amfbr-551	101	9	the	the	DET
amfbr-551	101	10	components	component	NOUN
amfbr-551	101	11	of	of	ADP
amfbr-551	101	12	the	the	DET
amfbr-551	101	13	liquidity	liquidity	NOUN
amfbr-551	101	14	utilization	utilization	NOUN
amfbr-551	101	15	arises	arise	VERB
amfbr-551	101	16	from	from	ADP
amfbr-551	101	17	what	what	PRON
amfbr-551	101	18	part	part	NOUN
amfbr-551	101	19	of	of	ADP
amfbr-551	101	20	the	the	DET
amfbr-551	101	21	real	real	ADJ
amfbr-551	101	22	economy	economy	NOUN
amfbr-551	101	23	changes	change	VERB
amfbr-551	101	24	in	in	ADP
amfbr-551	101	25	equilibrium	equilibrium	NOUN
amfbr-551	101	26	.	.	PUNCT
amfbr-551	102	1	by	by	ADP
amfbr-551	102	2	comparing	compare	VERB
amfbr-551	102	3	the	the	DET
amfbr-551	102	4	components	component	NOUN
amfbr-551	102	5	of	of	ADP
amfbr-551	102	6	changes	change	NOUN
amfbr-551	102	7	in	in	ADP
amfbr-551	102	8	the	the	DET
amfbr-551	102	9	monetary	monetary	ADJ
amfbr-551	102	10	sector	sector	NOUN
amfbr-551	102	11	to	to	ADP
amfbr-551	102	12	the	the	DET
amfbr-551	102	13	imbalances	imbalance	NOUN
amfbr-551	102	14	in	in	ADP
amfbr-551	102	15	the	the	DET
amfbr-551	102	16	real	real	ADJ
amfbr-551	102	17	sector	sector	NOUN
amfbr-551	102	18	,	,	PUNCT
amfbr-551	102	19	one	one	PRON
amfbr-551	102	20	can	can	AUX
amfbr-551	102	21	infer	infer	VERB
amfbr-551	102	22	the	the	DET
amfbr-551	102	23	concept	concept	NOUN
amfbr-551	102	24	of	of	ADP
amfbr-551	102	25	the	the	DET
amfbr-551	102	26	reasons	reason	NOUN
amfbr-551	102	27	for	for	ADP
amfbr-551	102	28	the	the	DET
amfbr-551	102	29	imbalances	imbalance	NOUN
amfbr-551	102	30	in	in	ADP
amfbr-551	102	31	the	the	DET
amfbr-551	102	32	money	money	NOUN
amfbr-551	102	33	sector	sector	NOUN
amfbr-551	102	34	resulting	result	VERB
amfbr-551	102	35	from	from	ADP
amfbr-551	102	36	the	the	DET
amfbr-551	102	37	imbalances	imbalance	NOUN
amfbr-551	102	38	in	in	ADP
amfbr-551	102	39	the	the	DET
amfbr-551	102	40	real	real	ADJ
amfbr-551	102	41	sector	sector	NOUN
amfbr-551	102	42	of	of	ADP
amfbr-551	102	43	the	the	DET
amfbr-551	102	44	economy	economy	NOUN
amfbr-551	102	45	as	as	SCONJ
amfbr-551	102	46	follows	follow	VERB
amfbr-551	102	47	:	:	PUNCT
amfbr-551	102	48	(	(	PUNCT
amfbr-551	102	49	i	i	X
amfbr-551	102	50	–	–	PUNCT
amfbr-551	102	51	s	s	X
amfbr-551	102	52	)	)	PUNCT
amfbr-551	102	53	≡	≡	PROPN
amfbr-551	103	1	v.δncp	v.δncp	NOUN
amfbr-551	103	2	(	(	PUNCT
amfbr-551	103	3	g	g	PROPN
amfbr-551	103	4	–	–	PUNCT
amfbr-551	103	5	t	t	PROPN
amfbr-551	103	6	)	)	PUNCT
amfbr-551	103	7	≡	≡	PROPN
amfbr-551	103	8	v.δncg	v.δncg	PRON
amfbr-551	103	9	(	(	PUNCT
amfbr-551	103	10	15	15	NUM
amfbr-551	103	11	)	)	PUNCT
amfbr-551	103	12	(	(	PUNCT
amfbr-551	103	13	ex	ex	X
amfbr-551	103	14	–	–	PUNCT
amfbr-551	103	15	i	i	PRON
amfbr-551	103	16	m	m	VERB
amfbr-551	103	17	–	–	PUNCT
amfbr-551	103	18	rf	rf	ADJ
amfbr-551	103	19	)	)	PUNCT
amfbr-551	103	20	≡	≡	PROPN
amfbr-551	103	21	v.δnfa	v.δnfa	ADP
amfbr-551	103	22	the	the	DET
amfbr-551	103	23	above	above	ADJ
amfbr-551	103	24	accounting	accounting	NOUN
amfbr-551	103	25	equations	equation	NOUN
amfbr-551	103	26	mean	mean	VERB
amfbr-551	103	27	that	that	PRON
amfbr-551	103	28	:	:	PUNCT
amfbr-551	103	29	e	e	AUX
amfbr-551	103	30	nda	nda	PROPN
amfbr-551	103	31	nfa	nfa	PROPN
amfbr-551	103	32			VERB
amfbr-551	103	33	copyright	copyright	NOUN
amfbr-551	103	34	©	©	PROPN
amfbr-551	103	35	cc	cc	PROPN
amfbr-551	103	36	-	-	PUNCT
amfbr-551	103	37	by	by	ADP
amfbr-551	103	38	-	-	PUNCT
amfbr-551	103	39	nc	nc	PROPN
amfbr-551	103	40	2020	2020	NUM
amfbr-551	103	41	,	,	PUNCT
amfbr-551	103	42	cribfb	cribfb	PROPN
amfbr-551	103	43	|	|	ADV
amfbr-551	103	44	amfbr	amfbr	ADJ
amfbr-551	103	45	www.cribfb.com/journal/index.php/amfbr	www.cribfb.com/journal/index.php/amfbr	PROPN
amfbr-551	103	46	american	american	PROPN
amfbr-551	103	47	finance	finance	PROPN
amfbr-551	103	48	&	&	CCONJ
amfbr-551	103	49	banking	banking	PROPN
amfbr-551	103	50	review	review	PROPN
amfbr-551	103	51	vol	vol	NOUN
amfbr-551	103	52	.	.	PROPN
amfbr-551	103	53	5	5	NUM
amfbr-551	103	54	,	,	PUNCT
amfbr-551	103	55	no	no	INTJ
amfbr-551	103	56	.	.	NOUN
amfbr-551	103	57	1	1	NUM
amfbr-551	103	58	;	;	PUNCT
amfbr-551	103	59	2020	2020	NUM
amfbr-551	103	60	32	32	NUM
amfbr-551	103	61			NOUN
amfbr-551	103	62	private	private	ADJ
amfbr-551	103	63	sector	sector	NOUN
amfbr-551	103	64	deficit	deficit	NOUN
amfbr-551	103	65	(	(	PUNCT
amfbr-551	103	66	deficit	deficit	NOUN
amfbr-551	103	67	or	or	CCONJ
amfbr-551	103	68	surplus	surplus	NOUN
amfbr-551	103	69	)	)	PUNCT
amfbr-551	103	70	,	,	PUNCT
amfbr-551	103	71	(	(	PUNCT
amfbr-551	103	72	i	i	PROPN
amfbr-551	103	73	-	-	PUNCT
amfbr-551	103	74	s	s	X
amfbr-551	103	75	)	)	PUNCT
amfbr-551	103	76	by	by	ADP
amfbr-551	103	77	using	use	VERB
amfbr-551	103	78	the	the	DET
amfbr-551	103	79	banking	banking	NOUN
amfbr-551	103	80	system	system	NOUN
amfbr-551	103	81	resources	resource	NOUN
amfbr-551	103	82	,	,	PUNCT
amfbr-551	103	83	causes	cause	VERB
amfbr-551	103	84	changes	change	NOUN
amfbr-551	103	85	in	in	ADP
amfbr-551	103	86	ncp	ncp	PROPN
amfbr-551	103	87	of	of	ADP
amfbr-551	103	88	banking	banking	NOUN
amfbr-551	103	89	system	system	NOUN
amfbr-551	103	90	to	to	ADP
amfbr-551	103	91	the	the	DET
amfbr-551	103	92	same	same	ADJ
amfbr-551	103	93	extent	extent	NOUN
amfbr-551	103	94	.	.	PUNCT
amfbr-551	104	1			PART
amfbr-551	104	2	government	government	NOUN
amfbr-551	104	3	budget	budget	NOUN
amfbr-551	104	4	surplus	surplus	NOUN
amfbr-551	104	5	(	(	PUNCT
amfbr-551	104	6	or	or	CCONJ
amfbr-551	104	7	deficit	deficit	NOUN
amfbr-551	104	8	)	)	PUNCT
amfbr-551	104	9	,	,	PUNCT
amfbr-551	104	10	(	(	PUNCT
amfbr-551	104	11	g	g	PROPN
amfbr-551	104	12	-	-	PUNCT
amfbr-551	104	13	t	t	NOUN
amfbr-551	104	14	)	)	PUNCT
amfbr-551	104	15	,	,	PUNCT
amfbr-551	104	16	causes	cause	VERB
amfbr-551	104	17	changes	change	NOUN
amfbr-551	104	18	in	in	ADP
amfbr-551	104	19	ncg	ncg	PROPN
amfbr-551	104	20	of	of	ADP
amfbr-551	104	21	banking	banking	NOUN
amfbr-551	104	22	system	system	NOUN
amfbr-551	104	23	to	to	ADP
amfbr-551	104	24	the	the	DET
amfbr-551	104	25	same	same	ADJ
amfbr-551	104	26	extent	extent	NOUN
amfbr-551	104	27	.	.	PUNCT
amfbr-551	105	1			X
amfbr-551	105	2	surplus	surplus	NOUN
amfbr-551	105	3	(	(	PUNCT
amfbr-551	105	4	or	or	CCONJ
amfbr-551	105	5	deficit	deficit	NOUN
amfbr-551	105	6	)	)	PUNCT
amfbr-551	105	7	foreign	foreign	ADJ
amfbr-551	105	8	sector	sector	NOUN
amfbr-551	105	9	,	,	PUNCT
amfbr-551	105	10	(	(	PUNCT
amfbr-551	105	11	ex	ex	NOUN
amfbr-551	105	12	-	-	ADJ
amfbr-551	105	13	im	im	ADV
amfbr-551	105	14	-	-	PUNCT
amfbr-551	105	15	rf	rf	NOUN
amfbr-551	105	16	)	)	PUNCT
amfbr-551	105	17	in	in	ADP
amfbr-551	105	18	foreign	foreign	ADJ
amfbr-551	105	19	currency	currency	NOUN
amfbr-551	105	20	,	,	PUNCT
amfbr-551	105	21	causes	cause	VERB
amfbr-551	105	22	changes	change	NOUN
amfbr-551	105	23	in	in	ADP
amfbr-551	105	24	nfa	nfa	PROPN
amfbr-551	105	25	of	of	ADP
amfbr-551	105	26	the	the	DET
amfbr-551	105	27	banking	banking	NOUN
amfbr-551	105	28	system	system	NOUN
amfbr-551	105	29	to	to	ADP
amfbr-551	105	30	the	the	DET
amfbr-551	105	31	same	same	ADJ
amfbr-551	105	32	extent	extent	NOUN
amfbr-551	105	33	.	.	PUNCT
amfbr-551	106	1	here	here	ADV
amfbr-551	106	2	,	,	PUNCT
amfbr-551	106	3	inserting	insert	VERB
amfbr-551	106	4	the	the	DET
amfbr-551	106	5	accounting	accounting	NOUN
amfbr-551	106	6	equation	equation	NOUN
amfbr-551	106	7	(	(	PUNCT
amfbr-551	106	8	15	15	NUM
amfbr-551	106	9	)	)	PUNCT
amfbr-551	106	10	into	into	ADP
amfbr-551	106	11	equation	equation	NOUN
amfbr-551	106	12	(	(	PUNCT
amfbr-551	106	13	13	13	NUM
amfbr-551	106	14	)	)	PUNCT
amfbr-551	106	15	then	then	ADV
amfbr-551	106	16	we	we	PRON
amfbr-551	106	17	can	can	AUX
amfbr-551	106	18	arrive	arrive	VERB
amfbr-551	106	19	at	at	ADP
amfbr-551	106	20	equation	equation	NOUN
amfbr-551	106	21	(	(	PUNCT
amfbr-551	106	22	16	16	NUM
amfbr-551	106	23	):	):	PUNCT
amfbr-551	106	24	v.δe=	v.δe=	PRON
amfbr-551	106	25	(	(	PUNCT
amfbr-551	106	26	i	i	NOUN
amfbr-551	106	27	-	-	PUNCT
amfbr-551	106	28	s	s	NOUN
amfbr-551	106	29	)	)	PUNCT
amfbr-551	106	30	+	+	CCONJ
amfbr-551	106	31	(	(	PUNCT
amfbr-551	106	32	g	g	PROPN
amfbr-551	106	33	-	-	PUNCT
amfbr-551	106	34	t	t	NOUN
amfbr-551	106	35	)	)	PUNCT
amfbr-551	106	36	/)ex	/)ex	NOUN
amfbr-551	106	37	-	-	PUNCT
amfbr-551	106	38	im	im	NOUN
amfbr-551	106	39	-	-	PUNCT
amfbr-551	106	40	rf	rf	NOUN
amfbr-551	106	41	)	)	PUNCT
amfbr-551	106	42	(	(	PUNCT
amfbr-551	106	43	16	16	NUM
amfbr-551	106	44	)	)	PUNCT
amfbr-551	106	45	the	the	DET
amfbr-551	106	46	right	right	ADJ
amfbr-551	106	47	-	-	PUNCT
amfbr-551	106	48	hand	hand	NOUN
amfbr-551	106	49	side	side	NOUN
amfbr-551	106	50	of	of	ADP
amfbr-551	106	51	equation	equation	NOUN
amfbr-551	106	52	(	(	PUNCT
amfbr-551	106	53	16	16	NUM
amfbr-551	106	54	)	)	PUNCT
amfbr-551	106	55	suggests	suggest	VERB
amfbr-551	106	56	the	the	DET
amfbr-551	106	57	relationship	relationship	NOUN
amfbr-551	106	58	between	between	ADP
amfbr-551	106	59	exchange	exchange	NOUN
amfbr-551	106	60	rate	rate	NOUN
amfbr-551	106	61	,	,	PUNCT
amfbr-551	106	62	income	income	NOUN
amfbr-551	106	63	,	,	PUNCT
amfbr-551	106	64	and	and	CCONJ
amfbr-551	106	65	bop	bop	VERB
amfbr-551	106	66	through	through	ADP
amfbr-551	106	67	absorption	absorption	NOUN
amfbr-551	106	68	method	method	NOUN
amfbr-551	106	69	(	(	PUNCT
amfbr-551	106	70	pilbim	pilbim	PROPN
amfbr-551	106	71	,	,	PUNCT
amfbr-551	106	72	1998	1998	NUM
amfbr-551	106	73	)	)	PUNCT
amfbr-551	106	74	.	.	PUNCT
amfbr-551	107	1	in	in	ADP
amfbr-551	107	2	other	other	ADJ
amfbr-551	107	3	words	word	NOUN
amfbr-551	107	4	,	,	PUNCT
amfbr-551	107	5	although	although	SCONJ
amfbr-551	107	6	internal	internal	ADJ
amfbr-551	107	7	and	and	CCONJ
amfbr-551	107	8	external	external	ADJ
amfbr-551	107	9	imbalances	imbalance	NOUN
amfbr-551	107	10	in	in	ADP
amfbr-551	107	11	the	the	DET
amfbr-551	107	12	case	case	NOUN
amfbr-551	107	13	of	of	ADP
amfbr-551	107	14	non	non	ADJ
amfbr-551	107	15	-	-	ADJ
amfbr-551	107	16	trade	trade	NOUN
amfbr-551	107	17	-	-	PUNCT
amfbr-551	107	18	off	off	NOUN
amfbr-551	107	19	the	the	DET
amfbr-551	107	20	nda	nda	NOUN
amfbr-551	107	21	and	and	CCONJ
amfbr-551	107	22	the	the	DET
amfbr-551	107	23	nfa	nfa	PROPN
amfbr-551	107	24	affect	affect	VERB
amfbr-551	107	25	the	the	DET
amfbr-551	107	26	liquidity	liquidity	NOUN
amfbr-551	107	27	,	,	PUNCT
amfbr-551	107	28	under	under	ADP
amfbr-551	107	29	these	these	DET
amfbr-551	107	30	circumstances	circumstance	NOUN
amfbr-551	107	31	,	,	PUNCT
amfbr-551	107	32	it	it	PRON
amfbr-551	107	33	can	can	AUX
amfbr-551	107	34	have	have	VERB
amfbr-551	107	35	an	an	DET
amfbr-551	107	36	opposite	opposite	ADJ
amfbr-551	107	37	effect	effect	NOUN
amfbr-551	107	38	on	on	ADP
amfbr-551	107	39	the	the	DET
amfbr-551	107	40	exchange	exchange	NOUN
amfbr-551	107	41	rate	rate	NOUN
amfbr-551	107	42	.	.	PUNCT
amfbr-551	108	1	the	the	DET
amfbr-551	108	2	equation	equation	NOUN
amfbr-551	108	3	(	(	PUNCT
amfbr-551	108	4	16	16	NUM
amfbr-551	108	5	)	)	PUNCT
amfbr-551	108	6	highlights	highlight	NOUN
amfbr-551	108	7	an	an	DET
amfbr-551	108	8	important	important	ADJ
amfbr-551	108	9	issue	issue	NOUN
amfbr-551	108	10	in	in	ADP
amfbr-551	108	11	determining	determine	VERB
amfbr-551	108	12	of	of	ADP
amfbr-551	108	13	the	the	DET
amfbr-551	108	14	exchange	exchange	NOUN
amfbr-551	108	15	rate	rate	NOUN
amfbr-551	108	16	,	,	PUNCT
amfbr-551	108	17	so	so	SCONJ
amfbr-551	108	18	that	that	SCONJ
amfbr-551	108	19	the	the	PRON
amfbr-551	108	20	greater	great	ADJ
amfbr-551	108	21	the	the	DET
amfbr-551	108	22	foreign	foreign	ADJ
amfbr-551	108	23	exchange	exchange	NOUN
amfbr-551	108	24	reserves	reserve	NOUN
amfbr-551	108	25	due	due	ADP
amfbr-551	108	26	to	to	ADP
amfbr-551	108	27	the	the	DET
amfbr-551	108	28	bop	bop	NOUN
amfbr-551	108	29	surplus	surplus	NOUN
amfbr-551	108	30	(	(	PUNCT
amfbr-551	108	31	external	external	ADJ
amfbr-551	108	32	imbalances	imbalance	NOUN
amfbr-551	108	33	)	)	PUNCT
amfbr-551	108	34	than	than	ADP
amfbr-551	108	35	the	the	DET
amfbr-551	108	36	private	private	ADJ
amfbr-551	108	37	and	and	CCONJ
amfbr-551	108	38	public	public	ADJ
amfbr-551	108	39	sector	sector	NOUN
amfbr-551	108	40	imbalances	imbalance	NOUN
amfbr-551	108	41	(	(	PUNCT
amfbr-551	108	42	internal	internal	ADJ
amfbr-551	108	43	imbalances	imbalance	NOUN
amfbr-551	108	44	)	)	PUNCT
amfbr-551	108	45	,	,	PUNCT
amfbr-551	108	46	the	the	DET
amfbr-551	108	47	unofficial	unofficial	ADJ
amfbr-551	108	48	exchange	exchange	NOUN
amfbr-551	108	49	rate	rate	NOUN
amfbr-551	108	50	expectations	expectation	NOUN
amfbr-551	108	51	decrease	decrease	NOUN
amfbr-551	108	52	,	,	PUNCT
amfbr-551	108	53	and	and	CCONJ
amfbr-551	108	54	conversely	conversely	ADV
amfbr-551	108	55	,	,	PUNCT
amfbr-551	108	56	the	the	PRON
amfbr-551	108	57	greater	great	ADJ
amfbr-551	108	58	the	the	DET
amfbr-551	108	59	internal	internal	ADJ
amfbr-551	108	60	imbalance	imbalance	NOUN
amfbr-551	108	61	than	than	ADP
amfbr-551	108	62	the	the	DET
amfbr-551	108	63	external	external	ADJ
amfbr-551	108	64	imbalance	imbalance	NOUN
amfbr-551	108	65	,	,	PUNCT
amfbr-551	108	66	the	the	DET
amfbr-551	108	67	unofficial	unofficial	ADJ
amfbr-551	108	68	exchange	exchange	NOUN
amfbr-551	108	69	rate	rate	NOUN
amfbr-551	108	70	market	market	NOUN
amfbr-551	108	71	expectations	expectation	NOUN
amfbr-551	108	72	increase	increase	VERB
amfbr-551	108	73	as	as	ADV
amfbr-551	108	74	well	well	ADV
amfbr-551	108	75	.	.	PUNCT
amfbr-551	109	1	the	the	DET
amfbr-551	109	2	above	above	ADJ
amfbr-551	109	3	equation	equation	NOUN
amfbr-551	109	4	somehow	somehow	ADV
amfbr-551	109	5	illustrates	illustrate	VERB
amfbr-551	109	6	the	the	DET
amfbr-551	109	7	extension	extension	NOUN
amfbr-551	109	8	of	of	ADP
amfbr-551	109	9	the	the	DET
amfbr-551	109	10	trilemma	trilemma	NOUN
amfbr-551	109	11	theory	theory	NOUN
amfbr-551	109	12	(	(	PUNCT
amfbr-551	109	13	allahyarifard	allahyarifard	PROPN
amfbr-551	109	14	et	et	PROPN
amfbr-551	109	15	al	al	PROPN
amfbr-551	109	16	.	.	PROPN
amfbr-551	109	17	,	,	PUNCT
amfbr-551	109	18	2019	2019	NUM
amfbr-551	109	19	)	)	PUNCT
amfbr-551	109	20	,	,	PUNCT
amfbr-551	109	21	the	the	DET
amfbr-551	109	22	effect	effect	NOUN
amfbr-551	109	23	of	of	ADP
amfbr-551	109	24	internal	internal	ADJ
amfbr-551	109	25	(	(	PUNCT
amfbr-551	109	26	i	i	PROPN
amfbr-551	109	27	-	-	PUNCT
amfbr-551	109	28	s	s	NOUN
amfbr-551	109	29	)	)	PUNCT
amfbr-551	109	30	+	+	CCONJ
amfbr-551	109	31	(	(	PUNCT
amfbr-551	109	32	g	g	PROPN
amfbr-551	109	33	-	-	PUNCT
amfbr-551	109	34	t	t	NOUN
amfbr-551	109	35	)	)	PUNCT
amfbr-551	109	36	and	and	CCONJ
amfbr-551	109	37	external	external	ADJ
amfbr-551	109	38	(	(	PUNCT
amfbr-551	109	39	ex	ex	NOUN
amfbr-551	109	40	-	-	ADJ
amfbr-551	109	41	im	im	ADV
amfbr-551	109	42	-	-	PUNCT
amfbr-551	109	43	rf	rf	NOUN
amfbr-551	109	44	)	)	PUNCT
amfbr-551	109	45	imbalances	imbalance	NOUN
amfbr-551	109	46	on	on	ADP
amfbr-551	109	47	the	the	DET
amfbr-551	109	48	effect	effect	NOUN
amfbr-551	109	49	of	of	ADP
amfbr-551	109	50	money	money	NOUN
amfbr-551	109	51	changes	change	NOUN
amfbr-551	109	52	multiplied	multiply	VERB
amfbr-551	109	53	by	by	ADP
amfbr-551	109	54	velocity	velocity	NOUN
amfbr-551	109	55	of	of	ADP
amfbr-551	109	56	money2	money2	NOUN
amfbr-551	109	57	.	.	PUNCT
amfbr-551	110	1	equation	equation	NOUN
amfbr-551	110	2	(	(	PUNCT
amfbr-551	110	3	17	17	NUM
amfbr-551	110	4	)	)	PUNCT
amfbr-551	110	5	shows	show	VERB
amfbr-551	110	6	the	the	DET
amfbr-551	110	7	variables	variable	NOUN
amfbr-551	110	8	that	that	PRON
amfbr-551	110	9	influence	influence	VERB
amfbr-551	110	10	the	the	DET
amfbr-551	110	11	behavior	behavior	NOUN
amfbr-551	110	12	of	of	ADP
amfbr-551	110	13	the	the	DET
amfbr-551	110	14	principal	principal	ADJ
amfbr-551	110	15	components	component	NOUN
amfbr-551	110	16	of	of	ADP
amfbr-551	110	17	equation	equation	NOUN
amfbr-551	110	18	(	(	PUNCT
amfbr-551	110	19	16	16	NUM
amfbr-551	110	20	):	):	PUNCT
amfbr-551	110	21	v.δe	v.δe	PROPN
amfbr-551	110	22	=	=	PUNCT
amfbr-551	110	23	(	(	PUNCT
amfbr-551	110	24	i	i	PRON
amfbr-551	110	25	(	(	PUNCT
amfbr-551	110	26	il	il	PROPN
amfbr-551	110	27	,	,	PUNCT
amfbr-551	110	28	irolpv	irolpv	NOUN
amfbr-551	110	29	)	)	PUNCT
amfbr-551	110	30	–	–	PUNCT
amfbr-551	110	31	s	s	X
amfbr-551	110	32	(	(	PUNCT
amfbr-551	110	33	i	i	PROPN
amfbr-551	110	34	d	d	PROPN
amfbr-551	110	35	,	,	PUNCT
amfbr-551	110	36	y	y	NOUN
amfbr-551	110	37	)	)	PUNCT
amfbr-551	110	38	)	)	PUNCT
amfbr-551	111	1	+	+	CCONJ
amfbr-551	111	2	(	(	PUNCT
amfbr-551	111	3	g	g	NOUN
amfbr-551	111	4	–	–	PUNCT
amfbr-551	111	5	t(y))/($.)(eex.ex$((eex.p*/p	t(y))/($.)(eex.ex$((eex.p*/p	PROPN
amfbr-551	111	6	)	)	PUNCT
amfbr-551	111	7	,	,	PUNCT
amfbr-551	111	8	irxoild	irxoild	NOUN
amfbr-551	111	9	,	,	PUNCT
amfbr-551	111	10	y	y	PROPN
amfbr-551	111	11	)	)	PUNCT
amfbr-551	111	12	–	–	PUNCT
amfbr-551	111	13	eem.im$((eem.p*/p	eem.im$((eem.p*/p	NOUN
amfbr-551	111	14	)	)	PUNCT
amfbr-551	111	15	,	,	PUNCT
amfbr-551	111	16	(	(	PUNCT
amfbr-551	111	17	ex$	ex$	ADP
amfbr-551	111	18	+	+	PUNCT
amfbr-551	111	19	tx$	tx$	ADV
amfbr-551	111	20	-tm$	-tm$	NUM
amfbr-551	111	21	)	)	PUNCT
amfbr-551	111	22	)	)	PUNCT
amfbr-551	112	1	+	+	CCONJ
amfbr-551	112	2	eexf.tx$((ideexf	eexf.tx$((ideexf	NOUN
amfbr-551	112	3	.id	.id	NOUN
amfbr-551	112	4	*	*	NOUN
amfbr-551	112	5	)	)	PUNCT
amfbr-551	112	6	,	,	PUNCT
amfbr-551	112	7	p	p	NOUN
amfbr-551	112	8	)	)	PUNCT
amfbr-551	112	9	–	–	PUNCT
amfbr-551	112	10	eemf.tm$(ideemf	eemf.tm$(ideemf	PROPN
amfbr-551	112	11	.	.	PUNCT
amfbr-551	113	1	i	i	PRON
amfbr-551	113	2	d	d	PROPN
amfbr-551	113	3	*	*	PUNCT
amfbr-551	113	4	)	)	PUNCT
amfbr-551	113	5	)	)	PUNCT
amfbr-551	113	6	)	)	PUNCT
amfbr-551	114	1	(	(	PUNCT
amfbr-551	114	2	17	17	NUM
amfbr-551	114	3	)	)	PUNCT
amfbr-551	114	4	equation	equation	NOUN
amfbr-551	114	5	(	(	PUNCT
amfbr-551	114	6	17	17	NUM
amfbr-551	114	7	)	)	PUNCT
amfbr-551	114	8	shows	show	VERB
amfbr-551	114	9	the	the	DET
amfbr-551	114	10	reduced	reduce	VERB
amfbr-551	114	11	form	form	NOUN
amfbr-551	114	12	of	of	ADP
amfbr-551	114	13	the	the	DET
amfbr-551	114	14	equilibrium	equilibrium	NOUN
amfbr-551	114	15	exchange	exchange	NOUN
amfbr-551	114	16	rate	rate	NOUN
amfbr-551	114	17	in	in	ADP
amfbr-551	114	18	terms	term	NOUN
amfbr-551	114	19	of	of	ADP
amfbr-551	114	20	both	both	CCONJ
amfbr-551	114	21	the	the	DET
amfbr-551	114	22	monetary	monetary	ADJ
amfbr-551	114	23	and	and	CCONJ
amfbr-551	114	24	real	real	ADJ
amfbr-551	114	25	sector	sector	NOUN
amfbr-551	114	26	economy	economy	NOUN
amfbr-551	114	27	equilibrium	equilibrium	NOUN
amfbr-551	114	28	.	.	PUNCT
amfbr-551	115	1	in	in	ADP
amfbr-551	115	2	equation	equation	NOUN
amfbr-551	115	3	(	(	PUNCT
amfbr-551	115	4	17	17	NUM
amfbr-551	115	5	)	)	PUNCT
amfbr-551	115	6	il	il	PROPN
amfbr-551	115	7	:	:	PUNCT
amfbr-551	115	8	interest	interest	NOUN
amfbr-551	115	9	rates	rate	NOUN
amfbr-551	115	10	on	on	ADP
amfbr-551	115	11	domestic	domestic	ADJ
amfbr-551	115	12	loans	loan	NOUN
amfbr-551	115	13	,	,	PUNCT
amfbr-551	115	14	irolpv	irolpv	NOUN
amfbr-551	115	15	:	:	PUNCT
amfbr-551	115	16	obligated	obligate	VERB
amfbr-551	115	17	loan	loan	NOUN
amfbr-551	115	18	,	,	PUNCT
amfbr-551	115	19	i	i	PROPN
amfbr-551	115	20	d	d	PROPN
amfbr-551	115	21	:	:	PUNCT
amfbr-551	115	22	interest	interest	NOUN
amfbr-551	115	23	rates	rate	NOUN
amfbr-551	115	24	on	on	ADP
amfbr-551	115	25	domestic	domestic	ADJ
amfbr-551	115	26	deposits	deposit	NOUN
amfbr-551	115	27	,	,	PUNCT
amfbr-551	115	28	y	y	PROPN
amfbr-551	115	29	national	national	PROPN
amfbr-551	115	30	income	income	NOUN
amfbr-551	115	31	or	or	CCONJ
amfbr-551	115	32	gdp	gdp	NOUN
amfbr-551	115	33	at	at	ADP
amfbr-551	115	34	nominal	nominal	ADJ
amfbr-551	115	35	prices	price	NOUN
amfbr-551	115	36	,	,	PUNCT
amfbr-551	115	37	y	y	NOUN
amfbr-551	115	38	:	:	PUNCT
amfbr-551	115	39	national	national	ADJ
amfbr-551	115	40	income	income	NOUN
amfbr-551	115	41	or	or	CCONJ
amfbr-551	115	42	gdp	gdp	NOUN
amfbr-551	115	43	at	at	ADP
amfbr-551	115	44	constant	constant	ADJ
amfbr-551	115	45	prices	price	NOUN
amfbr-551	115	46	(	(	PUNCT
amfbr-551	115	47	as	as	ADP
amfbr-551	115	48	a	a	DET
amfbr-551	115	49	production	production	NOUN
amfbr-551	115	50	capacity	capacity	NOUN
amfbr-551	115	51	)	)	PUNCT
amfbr-551	115	52	,	,	PUNCT
amfbr-551	115	53	eex	eex	INTJ
amfbr-551	115	54	:	:	PUNCT
amfbr-551	115	55	effective	effective	ADJ
amfbr-551	115	56	exchange	exchange	NOUN
amfbr-551	115	57	rate	rate	NOUN
amfbr-551	115	58	of	of	ADP
amfbr-551	115	59	export	export	NOUN
amfbr-551	115	60	,	,	PUNCT
amfbr-551	115	61	irxoild	irxoild	NOUN
amfbr-551	115	62	:	:	PUNCT
amfbr-551	115	63	oil	oil	NOUN
amfbr-551	115	64	export	export	NOUN
amfbr-551	115	65	,	,	PUNCT
amfbr-551	115	66	eem	eem	PROPN
amfbr-551	115	67	:	:	PUNCT
amfbr-551	115	68	effective	effective	ADJ
amfbr-551	115	69	exchange	exchange	NOUN
amfbr-551	115	70	rate	rate	NOUN
amfbr-551	115	71	of	of	ADP
amfbr-551	115	72	import	import	NOUN
amfbr-551	115	73	,	,	PUNCT
amfbr-551	115	74	eexf	eexf	NOUN
amfbr-551	115	75	:	:	PUNCT
amfbr-551	115	76	effective	effective	ADJ
amfbr-551	115	77	exchange	exchange	NOUN
amfbr-551	115	78	rate	rate	NOUN
amfbr-551	115	79	of	of	ADP
amfbr-551	115	80	production	production	NOUN
amfbr-551	115	81	factor	factor	NOUN
amfbr-551	115	82	export	export	NOUN
amfbr-551	115	83	,	,	PUNCT
amfbr-551	115	84	eemf	eemf	PROPN
amfbr-551	115	85	:	:	PUNCT
amfbr-551	115	86	effective	effective	ADJ
amfbr-551	115	87	exchange	exchange	NOUN
amfbr-551	115	88	rate	rate	NOUN
amfbr-551	115	89	of	of	ADP
amfbr-551	115	90	production	production	NOUN
amfbr-551	115	91	factor	factor	NOUN
amfbr-551	115	92	import	import	NOUN
amfbr-551	115	93	,	,	PUNCT
amfbr-551	115	94	p	p	X
amfbr-551	115	95	:	:	PUNCT
amfbr-551	115	96	domestic	domestic	ADJ
amfbr-551	115	97	prices	price	NOUN
amfbr-551	115	98	index	index	NOUN
amfbr-551	115	99	,	,	PUNCT
amfbr-551	115	100	p	p	X
amfbr-551	115	101	*	*	NOUN
amfbr-551	115	102	:	:	PUNCT
amfbr-551	115	103	foreign	foreign	ADJ
amfbr-551	115	104	prices	price	NOUN
amfbr-551	115	105	index	index	NOUN
amfbr-551	115	106	and	and	CCONJ
amfbr-551	115	107	i	i	PROPN
amfbr-551	115	108	d	d	PROPN
amfbr-551	115	109	*	*	PUNCT
amfbr-551	115	110	:	:	PUNCT
amfbr-551	115	111	interest	interest	NOUN
amfbr-551	115	112	rate	rate	NOUN
amfbr-551	115	113	on	on	ADP
amfbr-551	115	114	foreign	foreign	ADJ
amfbr-551	115	115	deposits	deposit	NOUN
amfbr-551	115	116	.	.	PUNCT
amfbr-551	116	1	the	the	DET
amfbr-551	116	2	$	$	SYM
amfbr-551	116	3	suffix	suffix	NOUN
amfbr-551	116	4	is	be	AUX
amfbr-551	116	5	to	to	PART
amfbr-551	116	6	express	express	VERB
amfbr-551	116	7	variables	variable	NOUN
amfbr-551	116	8	in	in	ADP
amfbr-551	116	9	foreign	foreign	ADJ
amfbr-551	116	10	currency	currency	NOUN
amfbr-551	116	11	.	.	PUNCT
amfbr-551	117	1	3.4	3.4	NUM
amfbr-551	117	2	exchange	exchange	NOUN
amfbr-551	117	3	rate	rate	NOUN
amfbr-551	117	4	dynamics	dynamic	NOUN
amfbr-551	117	5	based	base	VERB
amfbr-551	117	6	on	on	ADP
amfbr-551	117	7	krugman	krugman	PROPN
amfbr-551	117	8	's	's	PART
amfbr-551	117	9	(	(	PUNCT
amfbr-551	117	10	1991	1991	NUM
amfbr-551	117	11	)	)	PUNCT
amfbr-551	117	12	target	target	NOUN
amfbr-551	117	13	zone	zone	NOUN
amfbr-551	117	14	regime	regime	NOUN
amfbr-551	117	15	,	,	PUNCT
amfbr-551	117	16	the	the	DET
amfbr-551	117	17	exchange	exchange	NOUN
amfbr-551	117	18	rate	rate	NOUN
amfbr-551	117	19	is	be	AUX
amfbr-551	117	20	determined	determine	VERB
amfbr-551	117	21	by	by	ADP
amfbr-551	117	22	the	the	DET
amfbr-551	117	23	following	follow	VERB
amfbr-551	117	24	equation	equation	NOUN
amfbr-551	117	25	.	.	PUNCT
amfbr-551	118	1	(	(	PUNCT
amfbr-551	118	2	18	18	NUM
amfbr-551	118	3	)	)	PUNCT
amfbr-551	118	4	where	where	SCONJ
amfbr-551	118	5	ek	ek	PROPN
amfbr-551	118	6	is	be	AUX
amfbr-551	118	7	the	the	DET
amfbr-551	118	8	(	(	PUNCT
amfbr-551	118	9	log	log	NOUN
amfbr-551	118	10	of	of	ADP
amfbr-551	118	11	the	the	DET
amfbr-551	118	12	)	)	PUNCT
amfbr-551	118	13	spot	spot	NOUN
amfbr-551	118	14	price	price	NOUN
amfbr-551	118	15	of	of	ADP
amfbr-551	118	16	foreign	foreign	ADJ
amfbr-551	118	17	exchange	exchange	NOUN
amfbr-551	118	18	,	,	PUNCT
amfbr-551	118	19	m	m	VERB
amfbr-551	118	20	the	the	DET
amfbr-551	118	21	domestic	domestic	ADJ
amfbr-551	118	22	money	money	NOUN
amfbr-551	118	23	supply	supply	NOUN
amfbr-551	118	24	,	,	PUNCT
amfbr-551	118	25	v	v	ADP
amfbr-551	118	26	a	a	DET
amfbr-551	118	27	shift	shift	NOUN
amfbr-551	118	28	term	term	NOUN
amfbr-551	118	29	representing	represent	VERB
amfbr-551	118	30	velocity	velocity	NOUN
amfbr-551	118	31	shocks	shock	NOUN
amfbr-551	118	32	,	,	PUNCT
amfbr-551	118	33	and	and	CCONJ
amfbr-551	118	34	the	the	DET
amfbr-551	118	35	last	last	ADJ
amfbr-551	118	36	term	term	NOUN
amfbr-551	118	37	is	be	AUX
amfbr-551	118	38	the	the	DET
amfbr-551	118	39	expected	expect	VERB
amfbr-551	118	40	rate	rate	NOUN
amfbr-551	118	41	of	of	ADP
amfbr-551	118	42	depreciation	depreciation	NOUN
amfbr-551	118	43	.	.	PUNCT
amfbr-551	119	1	since	since	SCONJ
amfbr-551	119	2	,	,	PUNCT
amfbr-551	119	3	krugman	krugman	PROPN
amfbr-551	119	4	(	(	PUNCT
amfbr-551	119	5	1991	1991	NUM
amfbr-551	119	6	)	)	PUNCT
amfbr-551	119	7	considers	consider	VERB
amfbr-551	119	8	the	the	DET
amfbr-551	119	9	equation	equation	NOUN
amfbr-551	119	10	(	(	PUNCT
amfbr-551	119	11	18	18	NUM
amfbr-551	119	12	)	)	PUNCT
amfbr-551	119	13	for	for	ADP
amfbr-551	119	14	the	the	DET
amfbr-551	119	15	mathematical	mathematical	ADJ
amfbr-551	119	16	modeling	modeling	NOUN
amfbr-551	119	17	of	of	ADP
amfbr-551	119	18	exchange	exchange	NOUN
amfbr-551	119	19	rate	rate	NOUN
amfbr-551	119	20	under	under	ADP
amfbr-551	119	21	a	a	DET
amfbr-551	119	22	target	target	NOUN
amfbr-551	119	23	zone	zone	NOUN
amfbr-551	119	24	regime	regime	NOUN
amfbr-551	119	25	such	such	ADJ
amfbr-551	119	26	that	that	SCONJ
amfbr-551	119	27	m	m	PROPN
amfbr-551	119	28	changes	change	NOUN
amfbr-551	119	29	caused	cause	VERB
amfbr-551	119	30	by	by	ADP
amfbr-551	119	31	omo	omo	NOUN
amfbr-551	119	32	and	and	CCONJ
amfbr-551	119	33	fxo	fxo	PROPN
amfbr-551	119	34	are	be	AUX
amfbr-551	119	35	assigned	assign	VERB
amfbr-551	119	36	to	to	PART
amfbr-551	119	37	keep	keep	VERB
amfbr-551	119	38	the	the	DET
amfbr-551	119	39	minimum	minimum	NOUN
amfbr-551	119	40	and	and	CCONJ
amfbr-551	119	41	maximum	maximum	ADJ
amfbr-551	119	42	targeting	targeting	NOUN
amfbr-551	119	43	intervals	interval	NOUN
amfbr-551	119	44	[	[	PUNCT
amfbr-551	119	45	,	,	PUNCT
amfbr-551	119	46	]	]	X
amfbr-551	119	47	e	e	X
amfbr-551	119	48	e	e	X
amfbr-551	119	49	.	.	PUNCT
amfbr-551	120	1	in	in	ADP
amfbr-551	120	2	the	the	DET
amfbr-551	120	3	model	model	NOUN
amfbr-551	120	4	,	,	PUNCT
amfbr-551	120	5	there	there	PRON
amfbr-551	120	6	are	be	VERB
amfbr-551	120	7	two	two	NUM
amfbr-551	120	8	fundamental	fundamental	ADJ
amfbr-551	120	9	factors	factor	NOUN
amfbr-551	120	10	that	that	PRON
amfbr-551	120	11	affect	affect	VERB
amfbr-551	120	12	the	the	DET
amfbr-551	120	13	exchange	exchange	NOUN
amfbr-551	120	14	rate	rate	NOUN
amfbr-551	120	15	,	,	PUNCT
amfbr-551	120	16	money	money	NOUN
amfbr-551	120	17	supply	supply	NOUN
amfbr-551	120	18	(	(	PUNCT
amfbr-551	120	19	m	m	NOUN
amfbr-551	120	20	)	)	PUNCT
amfbr-551	120	21	to	to	PART
amfbr-551	120	22	stabilize	stabilize	VERB
amfbr-551	120	23	the	the	DET
amfbr-551	120	24	exchange	exchange	NOUN
amfbr-551	120	25	rate	rate	NOUN
amfbr-551	120	26	in	in	ADP
amfbr-551	120	27	the	the	DET
amfbr-551	120	28	minimum	minimum	ADJ
amfbr-551	120	29	and	and	CCONJ
amfbr-551	120	30	maximum	maximum	ADJ
amfbr-551	120	31	intervals	interval	NOUN
amfbr-551	120	32	and	and	CCONJ
amfbr-551	120	33	velocity	velocity	NOUN
amfbr-551	120	34	shift	shift	NOUN
amfbr-551	120	35	term	term	NOUN
amfbr-551	120	36	(	(	PUNCT
amfbr-551	120	37	v	v	NOUN
amfbr-551	120	38	)	)	PUNCT
amfbr-551	120	39	.	.	PUNCT
amfbr-551	121	1	if	if	SCONJ
amfbr-551	121	2	the	the	DET
amfbr-551	121	3	exchange	exchange	NOUN
amfbr-551	121	4	rate	rate	NOUN
amfbr-551	121	5	is	be	AUX
amfbr-551	121	6	within	within	ADP
amfbr-551	121	7	the	the	DET
amfbr-551	121	8	minimum	minimum	ADJ
amfbr-551	121	9	and	and	CCONJ
amfbr-551	121	10	maximum	maximum	ADJ
amfbr-551	121	11	range	range	NOUN
amfbr-551	121	12	,	,	PUNCT
amfbr-551	121	13	the	the	DET
amfbr-551	121	14	value	value	NOUN
amfbr-551	121	15	of	of	ADP
amfbr-551	121	16	m	m	PROPN
amfbr-551	121	17	is	be	AUX
amfbr-551	121	18	constant	constant	ADJ
amfbr-551	121	19	and	and	CCONJ
amfbr-551	121	20	exchange	exchange	NOUN
amfbr-551	121	21	rate	rate	NOUN
amfbr-551	121	22	expectations	expectation	NOUN
amfbr-551	121	23	are	be	AUX
amfbr-551	121	24	e	e	NOUN
amfbr-551	121	25	[	[	X
amfbr-551	121	26	ds]/	ds]/	NOUN
amfbr-551	121	27	dt	dt	X
amfbr-551	121	28	=	=	NOUN
amfbr-551	121	29	0	0	NUM
amfbr-551	121	30	.	.	PUNCT
amfbr-551	122	1	under	under	ADP
amfbr-551	122	2	these	these	DET
amfbr-551	122	3	conditions	condition	NOUN
amfbr-551	122	4	,	,	PUNCT
amfbr-551	122	5	the	the	DET
amfbr-551	122	6	exchange	exchange	NOUN
amfbr-551	122	7	rate	rate	NOUN
amfbr-551	122	8	fluctuations	fluctuation	NOUN
amfbr-551	122	9	between	between	ADP
amfbr-551	122	10	the	the	DET
amfbr-551	122	11	minimum	minimum	NOUN
amfbr-551	122	12	and	and	CCONJ
amfbr-551	122	13	maximum	maximum	ADJ
amfbr-551	122	14	depend	depend	VERB
amfbr-551	122	15	on	on	ADP
amfbr-551	122	16	the	the	DET
amfbr-551	122	17	transfer	transfer	NOUN
amfbr-551	122	18	rate	rate	NOUN
amfbr-551	122	19	(	(	PUNCT
amfbr-551	122	20	v	v	NOUN
amfbr-551	122	21	)	)	PUNCT
amfbr-551	122	22	and	and	CCONJ
amfbr-551	122	23	m	m	PROPN
amfbr-551	122	24	,	,	PUNCT
amfbr-551	122	25	which	which	PRON
amfbr-551	122	26	is	be	AUX
amfbr-551	122	27	similar	similar	ADJ
amfbr-551	122	28	to	to	ADP
amfbr-551	122	29	(	(	PUNCT
amfbr-551	122	30	12	12	NUM
amfbr-551	122	31	)	)	PUNCT
amfbr-551	122	32	and	and	CCONJ
amfbr-551	122	33	(	(	PUNCT
amfbr-551	122	34	14	14	NUM
amfbr-551	122	35	)	)	PUNCT
amfbr-551	122	36	.	.	PUNCT
amfbr-551	123	1	4	4	X
amfbr-551	123	2	.	.	X
amfbr-551	123	3	empirical	empirical	ADJ
amfbr-551	123	4	application	application	NOUN
amfbr-551	123	5	to	to	PART
amfbr-551	123	6	study	study	VERB
amfbr-551	123	7	the	the	DET
amfbr-551	123	8	effect	effect	NOUN
amfbr-551	123	9	of	of	ADP
amfbr-551	123	10	internal	internal	ADJ
amfbr-551	123	11	and	and	CCONJ
amfbr-551	123	12	external	external	ADJ
amfbr-551	123	13	imbalances	imbalance	NOUN
amfbr-551	123	14	on	on	ADP
amfbr-551	123	15	the	the	DET
amfbr-551	123	16	exchange	exchange	NOUN
amfbr-551	123	17	rate	rate	NOUN
amfbr-551	123	18	and	and	CCONJ
amfbr-551	123	19	policy	policy	NOUN
amfbr-551	123	20	influencing	influence	VERB
amfbr-551	123	21	variables	variable	NOUN
amfbr-551	123	22	on	on	ADP
amfbr-551	123	23	the	the	DET
amfbr-551	123	24	behavior	behavior	NOUN
amfbr-551	123	25	of	of	ADP
amfbr-551	123	26	model	model	NOUN
amfbr-551	123	27	endogenous	endogenous	ADJ
amfbr-551	123	28	variables	variable	NOUN
amfbr-551	123	29	in	in	ADP
amfbr-551	123	30	different	different	ADJ
amfbr-551	123	31	scenarios	scenario	NOUN
amfbr-551	123	32	and	and	CCONJ
amfbr-551	123	33	how	how	SCONJ
amfbr-551	123	34	they	they	PRON
amfbr-551	123	35	trade	trade	VERB
amfbr-551	123	36	-	-	PUNCT
amfbr-551	123	37	off	off	NOUN
amfbr-551	123	38	with	with	ADP
amfbr-551	123	39	one	one	NUM
amfbr-551	123	40	another	another	DET
amfbr-551	123	41	in	in	ADP
amfbr-551	123	42	the	the	DET
amfbr-551	123	43	iran	iran	PROPN
amfbr-551	123	44	economy	economy	NOUN
amfbr-551	123	45	,	,	PUNCT
amfbr-551	123	46	it	it	PRON
amfbr-551	123	47	is	be	AUX
amfbr-551	123	48	necessary	necessary	ADJ
amfbr-551	123	49	to	to	PART
amfbr-551	123	50	use	use	VERB
amfbr-551	123	51	a	a	DET
amfbr-551	123	52	system	system	NOUN
amfbr-551	123	53	of	of	ADP
amfbr-551	123	54	simultaneous	simultaneous	ADJ
amfbr-551	123	55	equations	equation	NOUN
amfbr-551	123	56	.	.	PUNCT
amfbr-551	124	1	the	the	DET
amfbr-551	124	2	time	time	NOUN
amfbr-551	124	3	series	series	PROPN
amfbr-551	124	4	data	data	PROPN
amfbr-551	124	5	of	of	ADP
amfbr-551	124	6	iran	iran	PROPN
amfbr-551	124	7	's	's	PART
amfbr-551	124	8	macroeconomic	macroeconomic	ADJ
amfbr-551	124	9	variables3	variables3	NOUN
amfbr-551	125	1	in	in	ADP
amfbr-551	125	2	the	the	DET
amfbr-551	125	3	current	current	ADJ
amfbr-551	125	4	study	study	NOUN
amfbr-551	125	5	are	be	AUX
amfbr-551	125	6	from	from	ADP
amfbr-551	125	7	1959	1959	NUM
amfbr-551	125	8	to	to	ADP
amfbr-551	125	9	2016	2016	NUM
amfbr-551	125	10	ad	ad	NOUN
amfbr-551	125	11	(	(	PUNCT
amfbr-551	125	12	according	accord	VERB
amfbr-551	125	13	to	to	ADP
amfbr-551	125	14	1338	1338	NUM
amfbr-551	125	15	-	-	SYM
amfbr-551	125	16	1396	1396	NUM
amfbr-551	125	17	hijri	hijri	ADJ
amfbr-551	125	18	shamsi	shamsi	NOUN
amfbr-551	125	19	)	)	PUNCT
amfbr-551	125	20	.	.	PUNCT
amfbr-551	126	1	the	the	DET
amfbr-551	126	2	equations	equation	NOUN
amfbr-551	126	3	have	have	AUX
amfbr-551	126	4	been	be	AUX
amfbr-551	126	5	tested	test	VERB
amfbr-551	126	6	several	several	ADJ
amfbr-551	126	7	times	time	NOUN
amfbr-551	126	8	,	,	PUNCT
amfbr-551	126	9	and	and	CCONJ
amfbr-551	126	10	the	the	DET
amfbr-551	126	11	best	good	ADJ
amfbr-551	126	12	ones	one	NOUN
amfbr-551	126	13	have	have	VERB
amfbr-551	126	14	2	2	NUM
amfbr-551	126	15	the	the	DET
amfbr-551	126	16	extension	extension	NOUN
amfbr-551	126	17	of	of	ADP
amfbr-551	126	18	the	the	DET
amfbr-551	126	19	trilemma	trilemma	NOUN
amfbr-551	126	20	(	(	PUNCT
amfbr-551	126	21	allahyarifard	allahyarifard	PROPN
amfbr-551	126	22	et	et	PROPN
amfbr-551	126	23	al	al	PROPN
amfbr-551	126	24	.	.	PROPN
amfbr-551	126	25	,	,	PUNCT
amfbr-551	126	26	2019	2019	NUM
amfbr-551	126	27	)	)	PUNCT
amfbr-551	126	28	is	be	AUX
amfbr-551	126	29	deduced	deduce	VERB
amfbr-551	126	30	as	as	SCONJ
amfbr-551	126	31	follows	follow	VERB
amfbr-551	126	32	:	:	PUNCT
amfbr-551	126	33	v	v	X
amfbr-551	126	34	.δm	.δm	PUNCT
amfbr-551	127	1	=	=	PUNCT
amfbr-551	127	2	)	)	PUNCT
amfbr-551	127	3	i	i	PRON
amfbr-551	127	4	–	–	PUNCT
amfbr-551	127	5	s	s	X
amfbr-551	127	6	)	)	PUNCT
amfbr-551	127	7	+	+	NUM
amfbr-551	127	8	)	)	PUNCT
amfbr-551	127	9	g	g	PROPN
amfbr-551	127	10	–	–	PUNCT
amfbr-551	127	11	t	t	PROPN
amfbr-551	127	12	)	)	PUNCT
amfbr-551	127	13	+	+	X
amfbr-551	127	14	)	)	PUNCT
amfbr-551	127	15	ex	ex	X
amfbr-551	127	16	–	–	PUNCT
amfbr-551	127	17	i	i	PRON
amfbr-551	127	18	m	m	VERB
amfbr-551	127	19	–	–	PUNCT
amfbr-551	127	20	rf	rf	VERB
amfbr-551	127	21	(	(	PUNCT
amfbr-551	127	22	3	3	NUM
amfbr-551	127	23	the	the	DET
amfbr-551	127	24	data	datum	NOUN
amfbr-551	127	25	in	in	ADP
amfbr-551	127	26	this	this	DET
amfbr-551	127	27	study	study	NOUN
amfbr-551	127	28	are	be	AUX
amfbr-551	127	29	derived	derive	VERB
amfbr-551	127	30	from	from	ADP
amfbr-551	127	31	the	the	DET
amfbr-551	127	32	bank	bank	NOUN
amfbr-551	127	33	of	of	ADP
amfbr-551	127	34	iran	iran	PROPN
amfbr-551	127	35	time	time	PROPN
amfbr-551	127	36	series	series	PROPN
amfbr-551	127	37	macroeconomic	macroeconomic	PROPN
amfbr-551	127	38	variables	variable	NOUN
amfbr-551	127	39	database	database	NOUN
amfbr-551	127	40	.	.	PUNCT
amfbr-551	128	1			ADJ
amfbr-551	128	2			PROPN
amfbr-551	128	3	/ke	/ke	NOUN
amfbr-551	128	4	m	m	VERB
amfbr-551	128	5	v	v	NUM
amfbr-551	128	6	e	e	X
amfbr-551	128	7	ds	ds	NOUN
amfbr-551	128	8	dt	dt	NOUN
amfbr-551	128	9			ADV
amfbr-551	129	1			PROPN
amfbr-551	129	2	copyright	copyright	NOUN
amfbr-551	129	3	©	©	PROPN
amfbr-551	129	4	cc	cc	NOUN
amfbr-551	129	5	-	-	PUNCT
amfbr-551	129	6	by	by	ADP
amfbr-551	129	7	-	-	PUNCT
amfbr-551	129	8	nc	nc	PROPN
amfbr-551	129	9	2020	2020	NUM
amfbr-551	129	10	,	,	PUNCT
amfbr-551	129	11	cribfb	cribfb	PROPN
amfbr-551	129	12	|	|	ADV
amfbr-551	129	13	amfbr	amfbr	ADJ
amfbr-551	129	14	www.cribfb.com/journal/index.php/amfbr	www.cribfb.com/journal/index.php/amfbr	PROPN
amfbr-551	129	15	american	american	PROPN
amfbr-551	129	16	finance	finance	PROPN
amfbr-551	129	17	&	&	CCONJ
amfbr-551	129	18	banking	banking	PROPN
amfbr-551	129	19	review	review	PROPN
amfbr-551	129	20	vol	vol	NOUN
amfbr-551	129	21	.	.	PROPN
amfbr-551	130	1	5	5	NUM
amfbr-551	130	2	,	,	PUNCT
amfbr-551	130	3	no	no	INTJ
amfbr-551	130	4	.	.	NOUN
amfbr-551	130	5	1	1	NUM
amfbr-551	130	6	;	;	PUNCT
amfbr-551	130	7	2020	2020	NUM
amfbr-551	130	8	33	33	NUM
amfbr-551	130	9	been	be	AUX
amfbr-551	130	10	estimated	estimate	VERB
amfbr-551	130	11	.	.	PUNCT
amfbr-551	131	1	it	it	PRON
amfbr-551	131	2	should	should	AUX
amfbr-551	131	3	be	be	AUX
amfbr-551	131	4	borne	bear	VERB
amfbr-551	131	5	in	in	ADP
amfbr-551	131	6	mind	mind	NOUN
amfbr-551	131	7	that	that	SCONJ
amfbr-551	131	8	endogenous	endogenous	ADJ
amfbr-551	131	9	and	and	CCONJ
amfbr-551	131	10	exogenous	exogenous	ADJ
amfbr-551	131	11	variables	variable	NOUN
amfbr-551	131	12	(	(	PUNCT
amfbr-551	131	13	policy	policy	NOUN
amfbr-551	131	14	variables	variable	NOUN
amfbr-551	131	15	)	)	PUNCT
amfbr-551	131	16	are	be	AUX
amfbr-551	131	17	divided	divide	VERB
amfbr-551	131	18	into	into	ADP
amfbr-551	131	19	two	two	NUM
amfbr-551	131	20	parts	part	NOUN
amfbr-551	131	21	:	:	PUNCT
amfbr-551	131	22	flow	flow	NOUN
amfbr-551	131	23	and	and	CCONJ
amfbr-551	131	24	inventory	inventory	NOUN
amfbr-551	131	25	,	,	PUNCT
amfbr-551	131	26	so	so	SCONJ
amfbr-551	131	27	the	the	DET
amfbr-551	131	28	balance	balance	NOUN
amfbr-551	131	29	between	between	ADP
amfbr-551	131	30	the	the	DET
amfbr-551	131	31	left	left	ADJ
amfbr-551	131	32	and	and	CCONJ
amfbr-551	131	33	right	right	ADJ
amfbr-551	131	34	variables	variable	NOUN
amfbr-551	131	35	of	of	ADP
amfbr-551	131	36	the	the	DET
amfbr-551	131	37	structural	structural	ADJ
amfbr-551	131	38	equations	equation	NOUN
amfbr-551	131	39	is	be	AUX
amfbr-551	131	40	considered	consider	VERB
amfbr-551	131	41	in	in	ADP
amfbr-551	131	42	this	this	DET
amfbr-551	131	43	study	study	NOUN
amfbr-551	131	44	.	.	PUNCT
amfbr-551	132	1	4.1	4.1	NUM
amfbr-551	132	2	system	system	NOUN
amfbr-551	132	3	of	of	ADP
amfbr-551	132	4	simultaneous	simultaneous	ADJ
amfbr-551	132	5	equations	equation	NOUN
amfbr-551	132	6	since	since	SCONJ
amfbr-551	132	7	the	the	DET
amfbr-551	132	8	exchange	exchange	NOUN
amfbr-551	132	9	rate	rate	NOUN
amfbr-551	132	10	equation	equation	NOUN
amfbr-551	132	11	(	(	PUNCT
amfbr-551	132	12	equation	equation	NOUN
amfbr-551	132	13	17	17	NUM
amfbr-551	132	14	)	)	PUNCT
amfbr-551	132	15	is	be	AUX
amfbr-551	132	16	a	a	DET
amfbr-551	132	17	function	function	NOUN
amfbr-551	132	18	of	of	ADP
amfbr-551	132	19	the	the	DET
amfbr-551	132	20	components	component	NOUN
amfbr-551	132	21	of	of	ADP
amfbr-551	132	22	internal	internal	ADJ
amfbr-551	132	23	and	and	CCONJ
amfbr-551	132	24	external	external	ADJ
amfbr-551	132	25	imbalances	imbalance	NOUN
amfbr-551	132	26	derived	derive	VERB
amfbr-551	132	27	from	from	ADP
amfbr-551	132	28	the	the	DET
amfbr-551	132	29	extension	extension	NOUN
amfbr-551	132	30	of	of	ADP
amfbr-551	132	31	the	the	DET
amfbr-551	132	32	trilemma	trilemma	NOUN
amfbr-551	132	33	theory	theory	NOUN
amfbr-551	132	34	.	.	PUNCT
amfbr-551	133	1	thus	thus	ADV
amfbr-551	133	2	,	,	PUNCT
amfbr-551	133	3	it	it	PRON
amfbr-551	133	4	can	can	AUX
amfbr-551	133	5	be	be	AUX
amfbr-551	133	6	shown	show	VERB
amfbr-551	133	7	in	in	ADP
amfbr-551	133	8	the	the	DET
amfbr-551	133	9	context	context	NOUN
amfbr-551	133	10	of	of	ADP
amfbr-551	133	11	a	a	DET
amfbr-551	133	12	system	system	NOUN
amfbr-551	133	13	of	of	ADP
amfbr-551	133	14	equations	equation	NOUN
amfbr-551	133	15	that	that	SCONJ
amfbr-551	133	16	the	the	DET
amfbr-551	133	17	internal	internal	ADJ
amfbr-551	133	18	imbalances	imbalance	NOUN
amfbr-551	133	19	include	include	VERB
amfbr-551	133	20	the	the	DET
amfbr-551	133	21	imbalance	imbalance	NOUN
amfbr-551	133	22	of	of	ADP
amfbr-551	133	23	the	the	DET
amfbr-551	133	24	private	private	ADJ
amfbr-551	133	25	sector	sector	NOUN
amfbr-551	133	26	investment	investment	NOUN
amfbr-551	133	27	-	-	PUNCT
amfbr-551	133	28	national	national	ADJ
amfbr-551	133	29	savings	saving	NOUN
amfbr-551	133	30	,	,	PUNCT
amfbr-551	133	31	government	government	NOUN
amfbr-551	133	32	deficit	deficit	NOUN
amfbr-551	133	33	and	and	CCONJ
amfbr-551	133	34	the	the	DET
amfbr-551	133	35	external	external	ADJ
amfbr-551	133	36	sector	sector	NOUN
amfbr-551	133	37	imbalances	imbalance	NOUN
amfbr-551	133	38	,	,	PUNCT
amfbr-551	133	39	including	include	VERB
amfbr-551	133	40	bop	bop	ADV
amfbr-551	133	41	,	,	PUNCT
amfbr-551	133	42	affecting	affect	VERB
amfbr-551	133	43	the	the	DET
amfbr-551	133	44	unofficial	unofficial	ADJ
amfbr-551	133	45	exchange	exchange	NOUN
amfbr-551	133	46	rate	rate	NOUN
amfbr-551	133	47	.	.	PUNCT
amfbr-551	134	1	4.1.1	4.1.1	NUM
amfbr-551	134	2	system	system	NOUN
amfbr-551	134	3	of	of	ADP
amfbr-551	134	4	equations	equation	NOUN
amfbr-551	134	5	the	the	DET
amfbr-551	134	6	equation	equation	NOUN
amfbr-551	134	7	(	(	PUNCT
amfbr-551	134	8	19	19	NUM
amfbr-551	134	9	)	)	PUNCT
amfbr-551	134	10	to	to	ADP
amfbr-551	134	11	(	(	PUNCT
amfbr-551	134	12	26	26	NUM
amfbr-551	134	13	)	)	PUNCT
amfbr-551	134	14	is	be	AUX
amfbr-551	134	15	the	the	DET
amfbr-551	134	16	structural	structural	ADJ
amfbr-551	134	17	equation	equation	NOUN
amfbr-551	134	18	of	of	ADP
amfbr-551	134	19	the	the	DET
amfbr-551	134	20	equation	equation	NOUN
amfbr-551	134	21	(	(	PUNCT
amfbr-551	134	22	17	17	NUM
amfbr-551	134	23	)	)	PUNCT
amfbr-551	134	24	.	.	PUNCT
amfbr-551	135	1	(	(	PUNCT
amfbr-551	135	2	19	19	NUM
amfbr-551	135	3	)	)	PUNCT
amfbr-551	135	4	the	the	DET
amfbr-551	135	5	above	above	ADJ
amfbr-551	135	6	equation	equation	NOUN
amfbr-551	135	7	confirms	confirm	VERB
amfbr-551	135	8	the	the	DET
amfbr-551	135	9	effect	effect	NOUN
amfbr-551	135	10	of	of	ADP
amfbr-551	135	11	internal	internal	ADJ
amfbr-551	135	12	and	and	CCONJ
amfbr-551	135	13	external	external	ADJ
amfbr-551	135	14	imbalances	imbalance	NOUN
amfbr-551	135	15	on	on	ADP
amfbr-551	135	16	the	the	DET
amfbr-551	135	17	exchange	exchange	NOUN
amfbr-551	135	18	rate	rate	NOUN
amfbr-551	135	19	.	.	PUNCT
amfbr-551	136	1	(	(	PUNCT
amfbr-551	136	2	20	20	NUM
amfbr-551	136	3	)	)	PUNCT
amfbr-551	136	4	investment	investment	NOUN
amfbr-551	136	5	equation	equation	NOUN
amfbr-551	136	6	(	(	PUNCT
amfbr-551	136	7	equation	equation	NOUN
amfbr-551	136	8	(	(	PUNCT
amfbr-551	136	9	20	20	NUM
amfbr-551	136	10	)	)	PUNCT
amfbr-551	136	11	)	)	PUNCT
amfbr-551	136	12	as	as	ADP
amfbr-551	136	13	a	a	DET
amfbr-551	136	14	result	result	NOUN
amfbr-551	136	15	of	of	ADP
amfbr-551	136	16	economics	economic	NOUN
amfbr-551	136	17	theory	theory	NOUN
amfbr-551	136	18	,	,	PUNCT
amfbr-551	136	19	the	the	DET
amfbr-551	136	20	inverse	inverse	NOUN
amfbr-551	136	21	function	function	NOUN
amfbr-551	136	22	of	of	ADP
amfbr-551	136	23	the	the	DET
amfbr-551	136	24	interest	interest	NOUN
amfbr-551	136	25	rate	rate	NOUN
amfbr-551	136	26	.	.	PUNCT
amfbr-551	137	1	(	(	PUNCT
amfbr-551	137	2	21	21	NUM
amfbr-551	137	3	)	)	PUNCT
amfbr-551	137	4	according	accord	VERB
amfbr-551	137	5	to	to	ADP
amfbr-551	137	6	the	the	DET
amfbr-551	137	7	keynesian	keynesian	ADJ
amfbr-551	137	8	model	model	NOUN
amfbr-551	137	9	,	,	PUNCT
amfbr-551	137	10	the	the	DET
amfbr-551	137	11	savings	saving	NOUN
amfbr-551	137	12	equation	equation	NOUN
amfbr-551	137	13	is	be	AUX
amfbr-551	137	14	considered	consider	VERB
amfbr-551	137	15	as	as	ADP
amfbr-551	137	16	a	a	DET
amfbr-551	137	17	function	function	NOUN
amfbr-551	137	18	of	of	ADP
amfbr-551	137	19	national	national	ADJ
amfbr-551	137	20	income	income	NOUN
amfbr-551	137	21	.	.	PUNCT
amfbr-551	138	1	(	(	PUNCT
amfbr-551	138	2	22	22	NUM
amfbr-551	138	3	)	)	PUNCT
amfbr-551	138	4	the	the	DET
amfbr-551	138	5	equation	equation	NOUN
amfbr-551	138	6	of	of	ADP
amfbr-551	138	7	government	government	NOUN
amfbr-551	138	8	tax	tax	NOUN
amfbr-551	138	9	revenue	revenue	NOUN
amfbr-551	138	10	is	be	AUX
amfbr-551	138	11	considered	consider	VERB
amfbr-551	138	12	as	as	ADP
amfbr-551	138	13	a	a	DET
amfbr-551	138	14	function	function	NOUN
amfbr-551	138	15	of	of	ADP
amfbr-551	138	16	national	national	ADJ
amfbr-551	138	17	income	income	NOUN
amfbr-551	138	18	according	accord	VERB
amfbr-551	138	19	to	to	ADP
amfbr-551	138	20	economic	economic	ADJ
amfbr-551	138	21	theories	theory	NOUN
amfbr-551	138	22	.	.	PUNCT
amfbr-551	139	1	(	(	PUNCT
amfbr-551	139	2	23	23	NUM
amfbr-551	139	3	)	)	PUNCT
amfbr-551	139	4	in	in	ADP
amfbr-551	139	5	the	the	DET
amfbr-551	139	6	above	above	ADJ
amfbr-551	139	7	equation	equation	NOUN
amfbr-551	139	8	,	,	PUNCT
amfbr-551	139	9	the	the	DET
amfbr-551	139	10	export	export	NOUN
amfbr-551	139	11	at	at	ADP
amfbr-551	139	12	constant	constant	ADJ
amfbr-551	139	13	prices	price	NOUN
amfbr-551	139	14	(	(	PUNCT
amfbr-551	139	15	in	in	ADP
amfbr-551	139	16	foreign	foreign	ADJ
amfbr-551	139	17	currency	currency	NOUN
amfbr-551	139	18	)	)	PUNCT
amfbr-551	139	19	is	be	AUX
amfbr-551	139	20	shown	show	VERB
amfbr-551	139	21	as	as	ADP
amfbr-551	139	22	a	a	DET
amfbr-551	139	23	function	function	NOUN
amfbr-551	139	24	of	of	ADP
amfbr-551	139	25	the	the	DET
amfbr-551	139	26	effective	effective	ADJ
amfbr-551	139	27	export	export	NOUN
amfbr-551	139	28	exchange	exchange	NOUN
amfbr-551	139	29	rate	rate	NOUN
amfbr-551	139	30	and	and	CCONJ
amfbr-551	139	31	the	the	DET
amfbr-551	139	32	gdp	gdp	NOUN
amfbr-551	139	33	at	at	ADP
amfbr-551	139	34	constant	constant	ADJ
amfbr-551	139	35	prices	price	NOUN
amfbr-551	139	36	as	as	ADP
amfbr-551	139	37	a	a	DET
amfbr-551	139	38	production	production	NOUN
amfbr-551	139	39	capacity	capacity	NOUN
amfbr-551	139	40	(	(	PUNCT
amfbr-551	139	41	24	24	NUM
amfbr-551	139	42	)	)	PUNCT
amfbr-551	139	43	(	(	PUNCT
amfbr-551	139	44	25	25	NUM
amfbr-551	139	45	)	)	PUNCT
amfbr-551	139	46			NOUN
amfbr-551	140	1			PROPN
amfbr-551	140	2			NOUN
amfbr-551	140	3			PROPN
amfbr-551	140	4	irem	irem	PROPN
amfbr-551	140	5	c(1	c(1	PROPN
amfbr-551	140	6	)	)	PUNCT
amfbr-551	140	7	c(2	c(2	PROPN
amfbr-551	140	8	)	)	PUNCT
amfbr-551	141	1	*	*	PUNCT
amfbr-551	141	2	irem	irem	PROPN
amfbr-551	141	3	(	(	PUNCT
amfbr-551	141	4	1	1	NUM
amfbr-551	141	5	)	)	PUNCT
amfbr-551	141	6	c(3)*d(iripv	c(3)*d(iripv	X
amfbr-551	142	1	irsv	irsv	PROPN
amfbr-551	142	2	irgv	irgv	VERB
amfbr-551	142	3	irgrtv	irgrtv	NOUN
amfbr-551	142	4	)	)	PUNCT
amfbr-551	143	1	c(4)*d(irxv	c(4)*d(irxv	NOUN
amfbr-551	143	2	/	/	SYM
amfbr-551	143	3	ireex	ireex	ADJ
amfbr-551	143	4	irmv	irmv	NOUN
amfbr-551	143	5	/	/	SYM
amfbr-551	143	6	ireem	ireem	NOUN
amfbr-551	143	7	irxfyv	irxfyv	PROPN
amfbr-551	143	8	/	/	SYM
amfbr-551	143	9	ireexfy	ireexfy	PROPN
amfbr-551	143	10	irmfyv	irmfyv	PROPN
amfbr-551	143	11	/	/	SYM
amfbr-551	143	12	ireemfy	ireemfy	NOUN
amfbr-551	143	13	)	)	PUNCT
amfbr-551	144	1	iv	iv	X
amfbr-551	144	2	:	:	PUNCT
amfbr-551	144	3	c	c	X
amfbr-551	144	4	,	,	PUNCT
amfbr-551	144	5	irem	irem	PROPN
amfbr-551	144	6	2	2	NUM
amfbr-551	144	7	,	,	PUNCT
amfbr-551	144	8	iripv	iripv	NOUN
amfbr-551	144	9	irsv	irsv	PROPN
amfbr-551	144	10	irgv	irgv	VERB
amfbr-551	144	11	irgrtv	irgrtv	NOUN
amfbr-551	144	12	,	,	PUNCT
amfbr-551	144	13	irxv	irxv	NOUN
amfbr-551	144	14	/	/	SYM
amfbr-551	144	15	ireex	ireex	ADJ
amfbr-551	144	16	irmv	irmv	NOUN
amfbr-551	144	17	/	/	SYM
amfbr-551	144	18	ireem	ireem	NOUN
amfbr-551	144	19	irxfyv	irxfyv	PROPN
amfbr-551	144	20	/	/	SYM
amfbr-551	144	21	ireexfy	ireexfy	NOUN
amfbr-551	144	22	irmfyv	irmfyv	PROPN
amfbr-551	144	23	/	/	SYM
amfbr-551	144	24	ire	ire	ADJ
amfbr-551	144	25			PROPN
amfbr-551	144	26			ADJ
amfbr-551	144	27			PROPN
amfbr-551	144	28			VERB
amfbr-551	144	29			PROPN
amfbr-551	144	30			VERB
amfbr-551	144	31			PROPN
amfbr-551	144	32			VERB
amfbr-551	144	33			PROPN
amfbr-551	144	34			CCONJ
amfbr-551	144	35			PROPN
amfbr-551	144	36			PROPN
amfbr-551	144	37			PROPN
amfbr-551	144	38			PUNCT
amfbr-551	144	39			PROPN
amfbr-551	144	40			PROPN
amfbr-551	144	41			ADV
amfbr-551	144	42			DET
amfbr-551	144	43	emfy	emfy	ADJ
amfbr-551	144	44	,	,	PUNCT
amfbr-551	144	45	irird	irird	NOUN
amfbr-551	144	46	,	,	PUNCT
amfbr-551	144	47	irirl	irirl	ADJ
amfbr-551	144	48			NOUN
amfbr-551	144	49			SYM
amfbr-551	144	50			NOUN
amfbr-551	144	51			SYM
amfbr-551	144	52			NOUN
amfbr-551	144	53			SYM
amfbr-551	144	54			NOUN
amfbr-551	144	55			SYM
amfbr-551	144	56			NOUN
amfbr-551	144	57			PUNCT
amfbr-551	144	58			NOUN
amfbr-551	145	1			NOUN
amfbr-551	146	1			PUNCT
amfbr-551	146	2			NOUN
amfbr-551	146	3			SYM
amfbr-551	146	4			NOUN
amfbr-551	146	5			SYM
amfbr-551	146	6			NOUN
amfbr-551	146	7			PUNCT
amfbr-551	146	8			NOUN
amfbr-551	146	9			NOUN
amfbr-551	146	10			PROPN
amfbr-551	146	11	iripv	iripv	VERB
amfbr-551	146	12	 	 	SPACE
amfbr-551	146	13	c	c	PROPN
amfbr-551	146	14	10	10	NUM
amfbr-551	146	15	c	c	NOUN
amfbr-551	146	16	11	11	NUM
amfbr-551	146	17	*	*	PUNCT
amfbr-551	146	18	iripv	iripv	NOUN
amfbr-551	146	19	1	1	NUM
amfbr-551	146	20	c	c	NOUN
amfbr-551	146	21	12	12	NUM
amfbr-551	146	22	*	*	NOUN
amfbr-551	146	23	irolpv	irolpv	NOUN
amfbr-551	146	24	c	c	NOUN
amfbr-551	146	25	13	13	NUM
amfbr-551	146	26	*	*	VERB
amfbr-551	146	27	irirl	irirl	NOUN
amfbr-551	146	28	irirl	irirl	NOUN
amfbr-551	146	29	1	1	NUM
amfbr-551	146	30	c	c	NOUN
amfbr-551	146	31	14	14	NUM
amfbr-551	146	32	*	*	PUNCT
amfbr-551	146	33	d92	d92	PROPN
amfbr-551	146	34	iv	iv	X
amfbr-551	146	35	:	:	PUNCT
amfbr-551	146	36	c	c	X
amfbr-551	146	37	,	,	PUNCT
amfbr-551	146	38	iripv	iripv	NOUN
amfbr-551	146	39	2	2	NUM
amfbr-551	146	40	,	,	PUNCT
amfbr-551	146	41	irolpv	irolpv	NOUN
amfbr-551	146	42	1	1	NUM
amfbr-551	146	43	,	,	PUNCT
amfbr-551	146	44	irirl	irirl	ADJ
amfbr-551	146	45	irirl	irirl	NOUN
amfbr-551	146	46	1	1	NUM
amfbr-551	146	47	,	,	PUNCT
amfbr-551	146	48	d92	d92	PROPN
amfbr-551	146	49	    	    	SPACE
amfbr-551	146	50			PROPN
amfbr-551	146	51			ADJ
amfbr-551	146	52			PROPN
amfbr-551	146	53			ADV
amfbr-551	146	54			PUNCT
amfbr-551	146	55			PROPN
amfbr-551	146	56			PROPN
amfbr-551	146	57			PUNCT
amfbr-551	146	58			PROPN
amfbr-551	146	59			PROPN
amfbr-551	146	60			PROPN
amfbr-551	146	61			PROPN
amfbr-551	146	62			NOUN
amfbr-551	146	63			PROPN
amfbr-551	146	64	irsv	irsv	PROPN
amfbr-551	146	65	c(20	c(20	PROPN
amfbr-551	146	66	)	)	PUNCT
amfbr-551	146	67	c(21)*irird	c(21)*irird	PROPN
amfbr-551	146	68	c(22)*irgdpmv	c(22)*irgdpmv	PROPN
amfbr-551	146	69	(	(	PUNCT
amfbr-551	146	70	1	1	NUM
amfbr-551	146	71	)	)	PUNCT
amfbr-551	146	72	iv	iv	NOUN
amfbr-551	146	73	:	:	PUNCT
amfbr-551	146	74	c	c	X
amfbr-551	146	75	,	,	PUNCT
amfbr-551	146	76	irird	irird	NOUN
amfbr-551	146	77	1	1	NUM
amfbr-551	146	78	,	,	PUNCT
amfbr-551	146	79	irgdpmv	irgdpmv	PROPN
amfbr-551	146	80			PROPN
amfbr-551	146	81			ADV
amfbr-551	146	82			PUNCT
amfbr-551	146	83			PROPN
amfbr-551	146	84			PROPN
amfbr-551	146	85			NOUN
amfbr-551	147	1			PUNCT
amfbr-551	147	2			NOUN
amfbr-551	147	3			SYM
amfbr-551	147	4			NOUN
amfbr-551	147	5			SYM
amfbr-551	147	6			NOUN
amfbr-551	147	7			SYM
amfbr-551	147	8			NOUN
amfbr-551	147	9			SYM
amfbr-551	147	10			NOUN
amfbr-551	147	11			SYM
amfbr-551	147	12			NOUN
amfbr-551	147	13			SYM
amfbr-551	147	14			NOUN
amfbr-551	147	15			PUNCT
amfbr-551	147	16			NOUN
amfbr-551	148	1			X
amfbr-551	149	1			PROPN
amfbr-551	150	1	irgrtv	irgrtv	NOUN
amfbr-551	151	1	c	c	NOUN
amfbr-551	151	2	30	30	NUM
amfbr-551	151	3	c	c	NOUN
amfbr-551	151	4	31	31	NUM
amfbr-551	151	5	*	*	PUNCT
amfbr-551	151	6	irgrtv	irgrtv	NOUN
amfbr-551	151	7	1	1	NUM
amfbr-551	151	8	c	c	NOUN
amfbr-551	151	9	32	32	NUM
amfbr-551	151	10	*	*	PUNCT
amfbr-551	152	1	d	d	X
amfbr-551	152	2	irgdpmv	irgdpmv	PROPN
amfbr-551	152	3	c	c	PROPN
amfbr-551	152	4	33	33	NUM
amfbr-551	152	5	*	*	NOUN
amfbr-551	152	6	d89	d89	PROPN
amfbr-551	152	7	c	c	PROPN
amfbr-551	152	8	34	34	NUM
amfbr-551	152	9	*	*	NOUN
amfbr-551	152	10	d91	d91	PROPN
amfbr-551	152	11	iv	iv	X
amfbr-551	152	12	:	:	PUNCT
amfbr-551	152	13	c	c	X
amfbr-551	152	14	,	,	PUNCT
amfbr-551	152	15	irgrtv	irgrtv	NOUN
amfbr-551	152	16	2	2	NUM
amfbr-551	152	17	,	,	PUNCT
amfbr-551	152	18	irgdpmv	irgdpmv	VERB
amfbr-551	152	19	irgdpmv	irgdpmv	PROPN
amfbr-551	152	20	1	1	NUM
amfbr-551	152	21	,	,	PUNCT
amfbr-551	152	22	d89	d89	NOUN
amfbr-551	152	23	,	,	PUNCT
amfbr-551	152	24	d91	d91	NOUN
amfbr-551	152	25			PROPN
amfbr-551	152	26			ADJ
amfbr-551	152	27			PROPN
amfbr-551	152	28			VERB
amfbr-551	152	29			PUNCT
amfbr-551	152	30			PUNCT
amfbr-551	152	31			PROPN
amfbr-551	152	32			PROPN
amfbr-551	152	33			PROPN
amfbr-551	152	34			NOUN
amfbr-551	152	35			SYM
amfbr-551	152	36			NOUN
amfbr-551	152	37			SYM
amfbr-551	152	38			NOUN
amfbr-551	152	39			SYM
amfbr-551	152	40			NOUN
amfbr-551	152	41			PROPN
amfbr-551	152	42	irxdfcpi	irxdfcpi	NOUN
amfbr-551	152	43	(	(	PUNCT
amfbr-551	152	44	c(40	c(40	NOUN
amfbr-551	152	45	)	)	PUNCT
amfbr-551	152	46	c(41)*irxdfcpi	c(41)*irxdfcpi	NOUN
amfbr-551	152	47	(	(	PUNCT
amfbr-551	152	48	1	1	NUM
amfbr-551	152	49	)	)	PUNCT
amfbr-551	152	50	c(42)*(irxoild	c(42)*(irxoild	NOUN
amfbr-551	152	51	/	/	SYM
amfbr-551	152	52	fcpi	fcpi	NOUN
amfbr-551	152	53	irxoild	irxoild	NOUN
amfbr-551	152	54	(	(	PUNCT
amfbr-551	152	55	1	1	NUM
amfbr-551	152	56	)	)	PUNCT
amfbr-551	152	57	/	/	SYM
amfbr-551	152	58	fcpi	fcpi	PROPN
amfbr-551	152	59	(	(	PUNCT
amfbr-551	152	60	1	1	NUM
amfbr-551	152	61	)	)	PUNCT
amfbr-551	152	62	)	)	PUNCT
amfbr-551	153	1	c(43)*ireex*fcpi	c(43)*ireex*fcpi	CCONJ
amfbr-551	153	2	/	/	SYM
amfbr-551	153	3	irpgdpm	irpgdpm	NOUN
amfbr-551	153	4	c(44)*d(irgdpm	c(44)*d(irgdpm	NOUN
amfbr-551	153	5	)	)	PUNCT
amfbr-551	153	6	iv	iv	NUM
amfbr-551	153	7	:	:	PUNCT
amfbr-551	153	8	c	c	X
amfbr-551	153	9	,	,	PUNCT
amfbr-551	153	10	irxdfcpi	irxdfcpi	NOUN
amfbr-551	153	11	2	2	NUM
amfbr-551	153	12	,	,	PUNCT
amfbr-551	153	13	irxoild	irxoild	NOUN
amfbr-551	153	14	/	/	SYM
amfbr-551	153	15	fcpi	fcpi	PROPN
amfbr-551	153	16	,	,	PUNCT
amfbr-551	153	17	ireex*fcpi	ireex*fcpi	NOUN
amfbr-551	153	18	1	1	NUM
amfbr-551	153	19	/	/	SYM
amfbr-551	153	20	irpgdpm	irpgdpm	NOUN
amfbr-551	153	21	1	1	NUM
amfbr-551	153	22	,	,	PUNCT
amfbr-551	153	23	irgdpm	irgdpm	X
amfbr-551	153	24	/	/	SYM
amfbr-551	153	25	irgdpm	irgdpm	PROPN
amfbr-551	153	26	1	1	NUM
amfbr-551	153	27	,	,	PUNCT
amfbr-551	153	28	ireexfy	ireexfy	NOUN
amfbr-551	153	29	,	,	PUNCT
amfbr-551	153	30	i	i	PRON
amfbr-551	153	31			PROPN
amfbr-551	153	32			PUNCT
amfbr-551	153	33			PROPN
amfbr-551	153	34			VERB
amfbr-551	153	35			PROPN
amfbr-551	153	36			PROPN
amfbr-551	153	37			PROPN
amfbr-551	153	38			PUNCT
amfbr-551	153	39			PUNCT
amfbr-551	153	40			PROPN
amfbr-551	153	41			PROPN
amfbr-551	153	42			PROPN
amfbr-551	153	43			PROPN
amfbr-551	153	44	reemfy	reemfy	VERB
amfbr-551	153	45			NOUN
amfbr-551	153	46			SYM
amfbr-551	153	47			NOUN
amfbr-551	153	48			SYM
amfbr-551	153	49			NOUN
amfbr-551	153	50			SYM
amfbr-551	153	51			NOUN
amfbr-551	153	52			PROPN
amfbr-551	153	53	irmdcifp	irmdcifp	NOUN
amfbr-551	153	54	(	(	PUNCT
amfbr-551	153	55	c(50	c(50	NOUN
amfbr-551	153	56	)	)	PUNCT
amfbr-551	154	1	c(51)*irmdcifp	c(51)*irmdcifp	PROPN
amfbr-551	154	2	(	(	PUNCT
amfbr-551	154	3	1	1	NUM
amfbr-551	154	4	)	)	PUNCT
amfbr-551	154	5	c(52)*(ireem*fcpi	c(52)*(ireem*fcpi	NOUN
amfbr-551	154	6	/	/	SYM
amfbr-551	154	7	irpgdpm	irpgdpm	NOUN
amfbr-551	154	8	)	)	PUNCT
amfbr-551	154	9	c(53)*d(irxd	c(53)*d(irxd	NOUN
amfbr-551	154	10	irxfyv	irxfyv	NOUN
amfbr-551	154	11	/	/	SYM
amfbr-551	154	12	ireexfy	ireexfy	PROPN
amfbr-551	154	13	irmfyv	irmfyv	PROPN
amfbr-551	154	14	/	/	SYM
amfbr-551	154	15	ireemfy	ireemfy	NOUN
amfbr-551	154	16	)	)	PUNCT
amfbr-551	154	17	iv	iv	X
amfbr-551	154	18	:	:	PUNCT
amfbr-551	155	1	c	c	X
amfbr-551	155	2	,	,	PUNCT
amfbr-551	155	3	ireem	ireem	NOUN
amfbr-551	155	4	1	1	NUM
amfbr-551	155	5	,	,	PUNCT
amfbr-551	155	6	fcpi	fcpi	ADV
amfbr-551	155	7	1	1	NUM
amfbr-551	155	8	,	,	PUNCT
amfbr-551	155	9	irpgdpm	irpgdpm	NOUN
amfbr-551	155	10	1	1	NUM
amfbr-551	155	11	,	,	PUNCT
amfbr-551	155	12	irxd	irxd	NOUN
amfbr-551	155	13	irxfyv	irxfyv	NOUN
amfbr-551	155	14	/	/	SYM
amfbr-551	155	15	ireexfy	ireexfy	NOUN
amfbr-551	155	16	irmfyv	irmfyv	PROPN
amfbr-551	155	17	/	/	SYM
amfbr-551	155	18	ireemfv	ireemfv	VERB
amfbr-551	156	1			NUM
amfbr-551	156	2			ADJ
amfbr-551	156	3			PROPN
amfbr-551	156	4			VERB
amfbr-551	156	5			PUNCT
amfbr-551	156	6			PUNCT
amfbr-551	156	7			PROPN
amfbr-551	156	8			PROPN
amfbr-551	156	9			PROPN
amfbr-551	156	10			PROPN
amfbr-551	156	11			PUNCT
amfbr-551	156	12			NOUN
amfbr-551	156	13			NOUN
amfbr-551	156	14			SYM
amfbr-551	156	15			NOUN
amfbr-551	156	16			SYM
amfbr-551	156	17			NOUN
amfbr-551	156	18			SYM
amfbr-551	156	19			NOUN
amfbr-551	156	20			SYM
amfbr-551	156	21			NOUN
amfbr-551	156	22			SYM
amfbr-551	156	23			NOUN
amfbr-551	156	24			SYM
amfbr-551	156	25			NOUN
amfbr-551	156	26			SYM
amfbr-551	156	27			NOUN
amfbr-551	156	28			SYM
amfbr-551	156	29			NOUN
amfbr-551	156	30			SYM
amfbr-551	156	31			NOUN
amfbr-551	156	32			SYM
amfbr-551	156	33			NOUN
amfbr-551	156	34			PUNCT
amfbr-551	156	35			NOUN
amfbr-551	156	36			PROPN
amfbr-551	156	37	irxfyv	irxfyv	NOUN
amfbr-551	156	38	c	c	NOUN
amfbr-551	156	39	60	60	NUM
amfbr-551	156	40	c	c	NOUN
amfbr-551	156	41	61	61	NUM
amfbr-551	156	42	*	*	NOUN
amfbr-551	156	43	irxfyv	irxfyv	NOUN
amfbr-551	156	44	1	1	NUM
amfbr-551	156	45	c	c	PROPN
amfbr-551	156	46	62	62	NUM
amfbr-551	156	47	*	*	NOUN
amfbr-551	156	48	irird	irird	NOUN
amfbr-551	156	49	fir	fir	NOUN
amfbr-551	156	50	*	*	PUNCT
amfbr-551	156	51	ireexfy	ireexfy	PROPN
amfbr-551	156	52	c	c	PROPN
amfbr-551	156	53	63	63	NUM
amfbr-551	156	54	*	*	PUNCT
amfbr-551	156	55	d91	d91	PROPN
amfbr-551	156	56	c	c	PROPN
amfbr-551	156	57	64	64	NUM
amfbr-551	156	58	*	*	NOUN
amfbr-551	156	59	d88	d88	PROPN
amfbr-551	156	60	c	c	NOUN
amfbr-551	156	61	65	65	NUM
amfbr-551	156	62	*	*	NOUN
amfbr-551	156	63	d93	d93	NOUN
amfbr-551	156	64	c	c	NOUN
amfbr-551	156	65	66	66	NUM
amfbr-551	156	66	*	*	PUNCT
amfbr-551	156	67	d92	d92	PROPN
amfbr-551	156	68	iv	iv	X
amfbr-551	156	69	:	:	PUNCT
amfbr-551	156	70	irird	irird	NOUN
amfbr-551	156	71	1	1	NUM
amfbr-551	156	72	,	,	PUNCT
amfbr-551	156	73	fir	fir	NOUN
amfbr-551	156	74	1	1	NUM
amfbr-551	156	75	,	,	PUNCT
amfbr-551	156	76	ireexfy	ireexfy	NOUN
amfbr-551	156	77	1	1	NUM
amfbr-551	156	78	,	,	PUNCT
amfbr-551	156	79	d91	d91	NOUN
amfbr-551	156	80	,	,	PUNCT
amfbr-551	156	81	d88	d88	PROPN
amfbr-551	156	82	,	,	PUNCT
amfbr-551	156	83	d93	d93	NOUN
amfbr-551	156	84	,	,	PUNCT
amfbr-551	156	85	d92	d92	PROPN
amfbr-551	156	86			PROPN
amfbr-551	156	87			ADV
amfbr-551	156	88			PROPN
amfbr-551	156	89			VERB
amfbr-551	156	90			PROPN
amfbr-551	156	91			PROPN
amfbr-551	156	92			PROPN
amfbr-551	156	93			PUNCT
amfbr-551	156	94			PUNCT
amfbr-551	156	95			PROPN
amfbr-551	156	96			PROPN
amfbr-551	156	97			PROPN
amfbr-551	156	98	copyright	copyright	NOUN
amfbr-551	156	99	©	©	PROPN
amfbr-551	156	100	cc	cc	PROPN
amfbr-551	156	101	-	-	PUNCT
amfbr-551	156	102	by	by	ADP
amfbr-551	156	103	-	-	PUNCT
amfbr-551	156	104	nc	nc	PROPN
amfbr-551	156	105	2020	2020	NUM
amfbr-551	156	106	,	,	PUNCT
amfbr-551	156	107	cribfb	cribfb	PROPN
amfbr-551	156	108	|	|	ADV
amfbr-551	156	109	amfbr	amfbr	ADJ
amfbr-551	156	110	www.cribfb.com/journal/index.php/amfbr	www.cribfb.com/journal/index.php/amfbr	PROPN
amfbr-551	156	111	american	american	PROPN
amfbr-551	156	112	finance	finance	PROPN
amfbr-551	156	113	&	&	CCONJ
amfbr-551	156	114	banking	banking	PROPN
amfbr-551	156	115	review	review	PROPN
amfbr-551	156	116	vol	vol	NOUN
amfbr-551	156	117	.	.	PROPN
amfbr-551	156	118	5	5	NUM
amfbr-551	156	119	,	,	PUNCT
amfbr-551	156	120	no	no	INTJ
amfbr-551	156	121	.	.	NOUN
amfbr-551	156	122	1	1	NUM
amfbr-551	156	123	;	;	PUNCT
amfbr-551	156	124	2020	2020	NUM
amfbr-551	156	125	34	34	NUM
amfbr-551	156	126	foreign	foreign	ADJ
amfbr-551	156	127	currency	currency	NOUN
amfbr-551	156	128	imports	import	NOUN
amfbr-551	156	129	at	at	ADP
amfbr-551	156	130	constant	constant	ADJ
amfbr-551	156	131	prices	price	NOUN
amfbr-551	156	132	are	be	AUX
amfbr-551	156	133	considered	consider	VERB
amfbr-551	156	134	as	as	ADP
amfbr-551	156	135	a	a	DET
amfbr-551	156	136	function	function	NOUN
amfbr-551	156	137	of	of	ADP
amfbr-551	156	138	the	the	DET
amfbr-551	156	139	effective	effective	ADJ
amfbr-551	156	140	exchange	exchange	NOUN
amfbr-551	156	141	rate	rate	NOUN
amfbr-551	156	142	of	of	ADP
amfbr-551	156	143	import	import	NOUN
amfbr-551	156	144	and	and	CCONJ
amfbr-551	156	145	export	export	NOUN
amfbr-551	156	146	earnings	earning	NOUN
amfbr-551	156	147	.	.	PUNCT
amfbr-551	157	1	export	export	NOUN
amfbr-551	157	2	and	and	CCONJ
amfbr-551	157	3	import	import	NOUN
amfbr-551	157	4	of	of	ADP
amfbr-551	157	5	factor	factor	NOUN
amfbr-551	157	6	income	income	NOUN
amfbr-551	157	7	from	from	ADP
amfbr-551	157	8	abroad	abroad	ADV
amfbr-551	157	9	(	(	PUNCT
amfbr-551	157	10	equations	equation	NOUN
amfbr-551	157	11	25	25	NUM
amfbr-551	157	12	and	and	CCONJ
amfbr-551	157	13	26	26	NUM
amfbr-551	157	14	)	)	PUNCT
amfbr-551	157	15	according	accord	VERB
amfbr-551	157	16	to	to	ADP
amfbr-551	157	17	frankel	frankel	NOUN
amfbr-551	157	18	(	(	PUNCT
amfbr-551	157	19	1983	1983	NUM
amfbr-551	157	20	)	)	PUNCT
amfbr-551	157	21	are	be	AUX
amfbr-551	157	22	considered	consider	VERB
amfbr-551	157	23	as	as	ADP
amfbr-551	157	24	a	a	DET
amfbr-551	157	25	function	function	NOUN
amfbr-551	157	26	of	of	ADP
amfbr-551	157	27	the	the	DET
amfbr-551	157	28	difference	difference	NOUN
amfbr-551	157	29	between	between	ADP
amfbr-551	157	30	domestic	domestic	ADJ
amfbr-551	157	31	interest	interest	NOUN
amfbr-551	157	32	rates	rate	NOUN
amfbr-551	157	33	.	.	PUNCT
amfbr-551	158	1	(	(	PUNCT
amfbr-551	158	2	26	26	NUM
amfbr-551	158	3	)	)	PUNCT
amfbr-551	158	4	model	model	NOUN
amfbr-551	158	5	accounting	accounting	NOUN
amfbr-551	158	6	equations	equation	NOUN
amfbr-551	158	7	to	to	PART
amfbr-551	158	8	tight	tight	VERB
amfbr-551	158	9	the	the	DET
amfbr-551	158	10	closure	closure	NOUN
amfbr-551	158	11	includes	include	VERB
amfbr-551	158	12	:	:	PUNCT
amfbr-551	158	13	irxd	irxd	PROPN
amfbr-551	158	14	≡	≡	PROPN
amfbr-551	158	15	irxdfcpi*fcpi	irxdfcpi*fcpi	PROPN
amfbr-551	158	16	(	(	PUNCT
amfbr-551	158	17	27	27	NUM
amfbr-551	158	18	)	)	PUNCT
amfbr-551	158	19	the	the	DET
amfbr-551	158	20	above	above	ADJ
amfbr-551	158	21	accounting	accounting	NOUN
amfbr-551	158	22	equation	equation	NOUN
amfbr-551	158	23	shows	show	VERB
amfbr-551	158	24	the	the	DET
amfbr-551	158	25	relationship	relationship	NOUN
amfbr-551	158	26	between	between	ADP
amfbr-551	158	27	nominal	nominal	ADJ
amfbr-551	158	28	exports	export	NOUN
amfbr-551	158	29	(	(	PUNCT
amfbr-551	158	30	million	million	NUM
amfbr-551	158	31	dollars	dollar	NOUN
amfbr-551	158	32	)	)	PUNCT
amfbr-551	158	33	and	and	CCONJ
amfbr-551	158	34	real	real	ADJ
amfbr-551	158	35	exports	export	NOUN
amfbr-551	158	36	(	(	PUNCT
amfbr-551	158	37	million	million	NUM
amfbr-551	158	38	dollars	dollar	NOUN
amfbr-551	158	39	)	)	PUNCT
amfbr-551	158	40	.	.	PUNCT
amfbr-551	159	1	irxv≡	irxv≡	PROPN
amfbr-551	159	2	(	(	PUNCT
amfbr-551	159	3	ireex	ireex	NOUN
amfbr-551	159	4	*	*	NOUN
amfbr-551	159	5	irxd)/1000	irxd)/1000	X
amfbr-551	159	6	(	(	PUNCT
amfbr-551	159	7	28	28	NUM
amfbr-551	159	8	)	)	PUNCT
amfbr-551	159	9	the	the	DET
amfbr-551	159	10	above	above	ADJ
amfbr-551	159	11	equation	equation	NOUN
amfbr-551	159	12	indicates	indicate	VERB
amfbr-551	159	13	the	the	DET
amfbr-551	159	14	relationship	relationship	NOUN
amfbr-551	159	15	between	between	ADP
amfbr-551	159	16	the	the	DET
amfbr-551	159	17	nominal	nominal	ADJ
amfbr-551	159	18	exports	export	NOUN
amfbr-551	159	19	(	(	PUNCT
amfbr-551	159	20	billion	billion	NUM
amfbr-551	159	21	rials	rial	NOUN
amfbr-551	159	22	)	)	PUNCT
amfbr-551	159	23	and	and	CCONJ
amfbr-551	159	24	the	the	DET
amfbr-551	159	25	nominal	nominal	ADJ
amfbr-551	159	26	exports	export	NOUN
amfbr-551	159	27	(	(	PUNCT
amfbr-551	159	28	million	million	NUM
amfbr-551	159	29	dollars	dollar	NOUN
amfbr-551	159	30	)	)	PUNCT
amfbr-551	159	31	.	.	PUNCT
amfbr-551	160	1	irmd≡	irmd≡	NOUN
amfbr-551	160	2	irmdcifp*ircifp	irmdcifp*ircifp	PROPN
amfbr-551	160	3	(	(	PUNCT
amfbr-551	160	4	29	29	NUM
amfbr-551	160	5	)	)	PUNCT
amfbr-551	160	6	the	the	DET
amfbr-551	160	7	above	above	ADJ
amfbr-551	160	8	equation	equation	NOUN
amfbr-551	160	9	indicates	indicate	VERB
amfbr-551	160	10	that	that	SCONJ
amfbr-551	160	11	the	the	DET
amfbr-551	160	12	relationship	relationship	NOUN
amfbr-551	160	13	between	between	ADP
amfbr-551	160	14	nominal	nominal	ADJ
amfbr-551	160	15	imports	import	NOUN
amfbr-551	160	16	(	(	PUNCT
amfbr-551	160	17	million	million	NUM
amfbr-551	160	18	dollars	dollar	NOUN
amfbr-551	160	19	)	)	PUNCT
amfbr-551	160	20	and	and	CCONJ
amfbr-551	160	21	real	real	ADJ
amfbr-551	160	22	imports	import	NOUN
amfbr-551	160	23	(	(	PUNCT
amfbr-551	160	24	million	million	NUM
amfbr-551	160	25	dollars	dollar	NOUN
amfbr-551	160	26	)	)	PUNCT
amfbr-551	160	27	.	.	PUNCT
amfbr-551	161	1	irmv≡	irmv≡	NOUN
amfbr-551	161	2	(	(	PUNCT
amfbr-551	161	3	ireem	ireem	PROPN
amfbr-551	161	4	*	*	PUNCT
amfbr-551	161	5	irmd)/1000	irmd)/1000	X
amfbr-551	161	6	(	(	PUNCT
amfbr-551	161	7	30	30	NUM
amfbr-551	161	8	)	)	PUNCT
amfbr-551	161	9	the	the	DET
amfbr-551	161	10	above	above	ADJ
amfbr-551	161	11	equation	equation	NOUN
amfbr-551	161	12	indicates	indicate	VERB
amfbr-551	161	13	the	the	DET
amfbr-551	161	14	relationship	relationship	NOUN
amfbr-551	161	15	between	between	ADP
amfbr-551	161	16	nominal	nominal	ADJ
amfbr-551	161	17	imports	import	NOUN
amfbr-551	161	18	(	(	PUNCT
amfbr-551	161	19	billion	billion	NUM
amfbr-551	161	20	rials	rial	NOUN
amfbr-551	161	21	)	)	PUNCT
amfbr-551	161	22	and	and	CCONJ
amfbr-551	161	23	nominal	nominal	ADJ
amfbr-551	161	24	imports	import	NOUN
amfbr-551	161	25	(	(	PUNCT
amfbr-551	161	26	million	million	NUM
amfbr-551	161	27	dollars	dollar	NOUN
amfbr-551	161	28	)	)	PUNCT
amfbr-551	161	29	.	.	PUNCT
amfbr-551	162	1	irgdpmv≡	irgdpmv≡	NOUN
amfbr-551	162	2	ircv+	ircv+	PROPN
amfbr-551	162	3	iriv+	iriv+	PUNCT
amfbr-551	162	4	irgv+	irgv+	X
amfbr-551	162	5	irxvirmv+	irxvirmv+	ADP
amfbr-551	162	6	irdisv+	irdisv+	PRON
amfbr-551	162	7	irnitv	irnitv	ADJ
amfbr-551	162	8	(	(	PUNCT
amfbr-551	162	9	31	31	NUM
amfbr-551	162	10	)	)	PUNCT
amfbr-551	162	11	the	the	DET
amfbr-551	162	12	above	above	ADJ
amfbr-551	162	13	equation	equation	NOUN
amfbr-551	162	14	illustrates	illustrate	VERB
amfbr-551	162	15	the	the	DET
amfbr-551	162	16	relationship	relationship	NOUN
amfbr-551	162	17	between	between	ADP
amfbr-551	162	18	nominal	nominal	ADJ
amfbr-551	162	19	gdp	gdp	NOUN
amfbr-551	162	20	and	and	CCONJ
amfbr-551	162	21	its	its	PRON
amfbr-551	162	22	accounting	accounting	NOUN
amfbr-551	162	23	components	component	NOUN
amfbr-551	162	24	(	(	PUNCT
amfbr-551	162	25	billion	billion	NUM
amfbr-551	162	26	rials	rial	NOUN
amfbr-551	162	27	)	)	PUNCT
amfbr-551	162	28	.	.	PUNCT
amfbr-551	163	1	irpgdpm≡	irpgdpm≡	PROPN
amfbr-551	163	2	irgdpmv	irgdpmv	PROPN
amfbr-551	163	3	/	/	SYM
amfbr-551	163	4	irgdpm	irgdpm	PROPN
amfbr-551	163	5	(	(	PUNCT
amfbr-551	163	6	32	32	NUM
amfbr-551	163	7	)	)	PUNCT
amfbr-551	163	8	the	the	DET
amfbr-551	163	9	above	above	ADJ
amfbr-551	163	10	equation	equation	NOUN
amfbr-551	163	11	indicates	indicate	VERB
amfbr-551	163	12	the	the	DET
amfbr-551	163	13	relationship	relationship	NOUN
amfbr-551	163	14	between	between	ADP
amfbr-551	163	15	real	real	ADJ
amfbr-551	163	16	gdp	gdp	NOUN
amfbr-551	163	17	and	and	CCONJ
amfbr-551	163	18	nominal	nominal	PROPN
amfbr-551	163	19	gdp	gdp	PROPN
amfbr-551	163	20	,	,	PUNCT
amfbr-551	163	21	agregate	agregate	PROPN
amfbr-551	163	22	price	price	NOUN
amfbr-551	163	23	deflator	deflator	NOUN
amfbr-551	163	24	.	.	PUNCT
amfbr-551	164	1	irgdpm≡	irgdpm≡	PROPN
amfbr-551	164	2	(	(	PUNCT
amfbr-551	164	3	ircv+	ircv+	PROPN
amfbr-551	164	4	iriv+irgv+	iriv+irgv+	PUNCT
amfbr-551	164	5	irxvirmv+	irxvirmv+	VERB
amfbr-551	164	6	irdisv+	irdisv+	NOUN
amfbr-551	164	7	irnitv)/irpgdpm	irnitv)/irpgdpm	NOUN
amfbr-551	164	8	(	(	PUNCT
amfbr-551	164	9	33	33	NUM
amfbr-551	164	10	)	)	PUNCT
amfbr-551	164	11	the	the	DET
amfbr-551	164	12	above	above	ADJ
amfbr-551	164	13	equation	equation	NOUN
amfbr-551	164	14	illustrates	illustrate	VERB
amfbr-551	164	15	the	the	DET
amfbr-551	164	16	relationship	relationship	NOUN
amfbr-551	164	17	between	between	ADP
amfbr-551	164	18	real	real	ADJ
amfbr-551	164	19	gdp	gdp	NOUN
amfbr-551	164	20	and	and	CCONJ
amfbr-551	164	21	its	its	PRON
amfbr-551	164	22	accounting	accounting	NOUN
amfbr-551	164	23	components	component	NOUN
amfbr-551	164	24	(	(	PUNCT
amfbr-551	164	25	billion	billion	NUM
amfbr-551	164	26	rials	rial	NOUN
amfbr-551	164	27	)	)	PUNCT
amfbr-551	164	28	.	.	PUNCT
amfbr-551	165	1	endogenous	endogenous	ADJ
amfbr-551	165	2	variables	variable	NOUN
amfbr-551	165	3	1	1	NUM
amfbr-551	165	4	irem	irem	NOUN
amfbr-551	165	5	market	market	NOUN
amfbr-551	165	6	exchange	exchange	NOUN
amfbr-551	165	7	rate	rate	NOUN
amfbr-551	165	8	,	,	PUNCT
amfbr-551	165	9	rials	rial	NOUN
amfbr-551	165	10	/	/	SYM
amfbr-551	165	11	dollar	dollar	NOUN
amfbr-551	165	12	2	2	NUM
amfbr-551	165	13	irgrtv	irgrtv	NOUN
amfbr-551	165	14	government	government	NOUN
amfbr-551	165	15	tax	tax	NOUN
amfbr-551	165	16	revenue	revenue	NOUN
amfbr-551	165	17	,	,	PUNCT
amfbr-551	165	18	billion	billion	NUM
amfbr-551	165	19	rials	rial	NOUN
amfbr-551	165	20	3	3	NUM
amfbr-551	165	21	iripv	iripv	NOUN
amfbr-551	165	22	private	private	ADJ
amfbr-551	165	23	investment	investment	NOUN
amfbr-551	165	24	at	at	ADP
amfbr-551	165	25	current	current	ADJ
amfbr-551	165	26	prices	price	NOUN
amfbr-551	165	27	,	,	PUNCT
amfbr-551	165	28	billion	billion	NUM
amfbr-551	165	29	rials	rial	NOUN
amfbr-551	165	30	4	4	NUM
amfbr-551	165	31	irmd	irmd	ADV
amfbr-551	165	32	import	import	VERB
amfbr-551	165	33	at	at	ADP
amfbr-551	165	34	current	current	ADJ
amfbr-551	165	35	prices	price	NOUN
amfbr-551	165	36	,	,	PUNCT
amfbr-551	165	37	million	million	NUM
amfbr-551	165	38	dollar	dollar	NOUN
amfbr-551	165	39	5	5	NUM
amfbr-551	165	40	irmv	irmv	NOUN
amfbr-551	165	41	import	import	NOUN
amfbr-551	165	42	at	at	ADP
amfbr-551	165	43	current	current	ADJ
amfbr-551	165	44	prices	price	NOUN
amfbr-551	165	45	,	,	PUNCT
amfbr-551	165	46	billion	billion	NUM
amfbr-551	165	47	rials	rial	NOUN
amfbr-551	165	48	6	6	NUM
amfbr-551	165	49	irsv	irsv	NOUN
amfbr-551	165	50	private	private	ADJ
amfbr-551	165	51	saving	saving	NOUN
amfbr-551	165	52	at	at	ADP
amfbr-551	165	53	current	current	ADJ
amfbr-551	165	54	prices	price	NOUN
amfbr-551	165	55	,	,	PUNCT
amfbr-551	165	56	billion	billion	NUM
amfbr-551	165	57	rials	rial	NOUN
amfbr-551	165	58	7	7	NUM
amfbr-551	165	59	irmdcifp	irmdcifp	ADJ
amfbr-551	165	60	real	real	ADJ
amfbr-551	165	61	import	import	NOUN
amfbr-551	165	62	,	,	PUNCT
amfbr-551	165	63	million	million	NUM
amfbr-551	165	64	dollars	dollar	NOUN
amfbr-551	165	65	8	8	NUM
amfbr-551	165	66	irmfyv	irmfyv	NOUN
amfbr-551	165	67	nominal	nominal	ADJ
amfbr-551	165	68	import	import	NOUN
amfbr-551	165	69	of	of	ADP
amfbr-551	165	70	factor	factor	NOUN
amfbr-551	165	71	income	income	NOUN
amfbr-551	165	72	from	from	ADP
amfbr-551	165	73	abroad	abroad	ADV
amfbr-551	165	74	,	,	PUNCT
amfbr-551	165	75	billion	billion	NUM
amfbr-551	165	76	rials	rial	NOUN
amfbr-551	165	77			NOUN
amfbr-551	165	78			PUNCT
amfbr-551	165	79			NOUN
amfbr-551	165	80			SYM
amfbr-551	165	81			NOUN
amfbr-551	165	82			PUNCT
amfbr-551	165	83			NOUN
amfbr-551	166	1			NOUN
amfbr-551	167	1			PUNCT
amfbr-551	168	1	irmfyv	irmfyv	X
amfbr-551	169	1	(	(	PUNCT
amfbr-551	169	2	c(70	c(70	NOUN
amfbr-551	169	3	)	)	PUNCT
amfbr-551	169	4	c(71)*irmfyv	c(71)*irmfyv	NOUN
amfbr-551	169	5	(	(	PUNCT
amfbr-551	169	6	1	1	NUM
amfbr-551	169	7	)	)	PUNCT
amfbr-551	169	8	c(72)*(irird	c(72)*(irird	PROPN
amfbr-551	169	9	fir	fir	NOUN
amfbr-551	169	10	*	*	NOUN
amfbr-551	169	11	ireemfy	ireemfy	NOUN
amfbr-551	169	12	)	)	PUNCT
amfbr-551	170	1	c(73)*d(irgdpmv	c(73)*d(irgdpmv	PROPN
amfbr-551	170	2	)	)	PUNCT
amfbr-551	170	3	iv	iv	X
amfbr-551	170	4	:	:	PUNCT
amfbr-551	171	1	c	c	X
amfbr-551	171	2	,	,	PUNCT
amfbr-551	171	3	irmfyv	irmfyv	PROPN
amfbr-551	171	4	2	2	NUM
amfbr-551	171	5	,	,	PUNCT
amfbr-551	171	6	irird	irird	NOUN
amfbr-551	171	7	1	1	NUM
amfbr-551	171	8	fir	fir	NOUN
amfbr-551	171	9	1	1	NUM
amfbr-551	171	10	*	*	NOUN
amfbr-551	171	11	ireemfy	ireemfy	NOUN
amfbr-551	171	12	1	1	NUM
amfbr-551	171	13	,	,	PUNCT
amfbr-551	171	14	irgdpmv	irgdpmv	PROPN
amfbr-551	171	15			PROPN
amfbr-551	171	16			ADV
amfbr-551	171	17			PROPN
amfbr-551	171	18			VERB
amfbr-551	171	19			PROPN
amfbr-551	171	20			CCONJ
amfbr-551	171	21			PROPN
amfbr-551	171	22			PROPN
amfbr-551	171	23			PROPN
amfbr-551	171	24			PROPN
amfbr-551	171	25			NOUN
amfbr-551	171	26	copyright	copyright	NOUN
amfbr-551	171	27	©	©	PROPN
amfbr-551	171	28	cc	cc	PROPN
amfbr-551	171	29	-	-	PUNCT
amfbr-551	171	30	by	by	ADP
amfbr-551	171	31	-	-	PUNCT
amfbr-551	171	32	nc	nc	PROPN
amfbr-551	171	33	2020	2020	NUM
amfbr-551	171	34	,	,	PUNCT
amfbr-551	171	35	cribfb	cribfb	PROPN
amfbr-551	171	36	|	|	ADV
amfbr-551	171	37	amfbr	amfbr	ADJ
amfbr-551	171	38	www.cribfb.com/journal/index.php/amfbr	www.cribfb.com/journal/index.php/amfbr	PROPN
amfbr-551	172	1	american	american	PROPN
amfbr-551	172	2	finance	finance	PROPN
amfbr-551	172	3	&	&	CCONJ
amfbr-551	172	4	banking	banking	PROPN
amfbr-551	172	5	review	review	PROPN
amfbr-551	172	6	vol	vol	NOUN
amfbr-551	172	7	.	.	PROPN
amfbr-551	172	8	5	5	NUM
amfbr-551	172	9	,	,	PUNCT
amfbr-551	172	10	no	no	INTJ
amfbr-551	172	11	.	.	NOUN
amfbr-551	172	12	1	1	NUM
amfbr-551	172	13	;	;	PUNCT
amfbr-551	172	14	2020	2020	NUM
amfbr-551	172	15	35	35	NUM
amfbr-551	172	16	9	9	NUM
amfbr-551	172	17	irpgdpm	irpgdpm	NOUN
amfbr-551	172	18	gross	gross	ADJ
amfbr-551	172	19	domestic	domestic	ADJ
amfbr-551	172	20	product	product	NOUN
amfbr-551	172	21	price	price	NOUN
amfbr-551	172	22	deflator	deflator	NOUN
amfbr-551	172	23	10	10	NUM
amfbr-551	172	24	irxfyv	irxfyv	NOUN
amfbr-551	172	25	nominal	nominal	ADJ
amfbr-551	172	26	export	export	NOUN
amfbr-551	172	27	of	of	ADP
amfbr-551	172	28	factor	factor	NOUN
amfbr-551	172	29	income	income	NOUN
amfbr-551	172	30	from	from	ADP
amfbr-551	172	31	abroad	abroad	ADV
amfbr-551	172	32	,	,	PUNCT
amfbr-551	172	33	billion	billion	NUM
amfbr-551	172	34	rials	rial	NOUN
amfbr-551	172	35	11	11	NUM
amfbr-551	172	36	irxd	irxd	NOUN
amfbr-551	172	37	export	export	NOUN
amfbr-551	172	38	,	,	PUNCT
amfbr-551	172	39	million	million	NUM
amfbr-551	172	40	dollars	dollar	NOUN
amfbr-551	172	41	12	12	NUM
amfbr-551	172	42	irxdfcpi	irxdfcpi	NOUN
amfbr-551	172	43	real	real	ADJ
amfbr-551	172	44	export	export	NOUN
amfbr-551	172	45	,	,	PUNCT
amfbr-551	172	46	million	million	NUM
amfbr-551	172	47	dollars	dollar	NOUN
amfbr-551	172	48	13	13	NUM
amfbr-551	172	49	irxv	irxv	NOUN
amfbr-551	172	50	nominal	nominal	PROPN
amfbr-551	172	51	export	export	NOUN
amfbr-551	172	52	,	,	PUNCT
amfbr-551	172	53	billion	billion	NUM
amfbr-551	172	54	rials	rial	NOUN
amfbr-551	172	55	14	14	NUM
amfbr-551	172	56	irgdpm	irgdpm	NOUN
amfbr-551	172	57	real	real	ADJ
amfbr-551	172	58	gross	gross	ADJ
amfbr-551	172	59	domestic	domestic	ADJ
amfbr-551	172	60	product	product	NOUN
amfbr-551	172	61	at	at	ADP
amfbr-551	172	62	market	market	NOUN
amfbr-551	172	63	prices	price	NOUN
amfbr-551	172	64	,	,	PUNCT
amfbr-551	172	65	billion	billion	NUM
amfbr-551	172	66	rials	rial	NOUN
amfbr-551	172	67	15	15	NUM
amfbr-551	172	68	irgdpmv	irgdpmv	ADJ
amfbr-551	172	69	nominal	nominal	ADJ
amfbr-551	172	70	gross	gross	ADJ
amfbr-551	172	71	domestic	domestic	ADJ
amfbr-551	172	72	products	product	NOUN
amfbr-551	172	73	at	at	ADP
amfbr-551	172	74	market	market	NOUN
amfbr-551	172	75	price	price	NOUN
amfbr-551	172	76	,	,	PUNCT
amfbr-551	172	77	billion	billion	NUM
amfbr-551	172	78	rials	rial	NOUN
amfbr-551	172	79	exogenous	exogenous	ADJ
amfbr-551	172	80	variables	variable	NOUN
amfbr-551	172	81	1	1	NUM
amfbr-551	172	82	fcpi	fcpi	ADJ
amfbr-551	172	83	average	average	ADJ
amfbr-551	172	84	oecd	oecd	PROPN
amfbr-551	172	85	consumer	consumer	NOUN
amfbr-551	172	86	price	price	NOUN
amfbr-551	172	87	index	index	NOUN
amfbr-551	172	88	2	2	NUM
amfbr-551	172	89	fir	fir	NOUN
amfbr-551	172	90	average	average	ADJ
amfbr-551	172	91	oecd	oecd	PROPN
amfbr-551	172	92	interest	interest	NOUN
amfbr-551	172	93	rate	rate	NOUN
amfbr-551	172	94	(	(	PUNCT
amfbr-551	172	95	banking	banking	NOUN
amfbr-551	172	96	system	system	NOUN
amfbr-551	172	97	)	)	PUNCT
amfbr-551	172	98	3	3	NUM
amfbr-551	172	99	ircv	ircv	ADJ
amfbr-551	172	100	nominal	nominal	ADJ
amfbr-551	172	101	private	private	ADJ
amfbr-551	172	102	consumption	consumption	NOUN
amfbr-551	172	103	,	,	PUNCT
amfbr-551	172	104	billion	billion	NUM
amfbr-551	172	105	rials	rial	NOUN
amfbr-551	172	106	4	4	NUM
amfbr-551	172	107	ircpi	ircpi	NOUN
amfbr-551	172	108	consumer	consumer	NOUN
amfbr-551	172	109	price	price	NOUN
amfbr-551	172	110	index	index	NOUN
amfbr-551	172	111	5	5	NUM
amfbr-551	172	112	ircifp	ircifp	PROPN
amfbr-551	172	113	import	import	NOUN
amfbr-551	172	114	cif	cif	PROPN
amfbr-551	172	115	price	price	NOUN
amfbr-551	172	116	index	index	NOUN
amfbr-551	172	117	6	6	NUM
amfbr-551	172	118	irdisv	irdisv	NOUN
amfbr-551	172	119	nominal	nominal	ADJ
amfbr-551	172	120	discrepancies	discrepancy	NOUN
amfbr-551	172	121	,	,	PUNCT
amfbr-551	172	122	billion	billion	NUM
amfbr-551	172	123	rials	rial	NOUN
amfbr-551	172	124	7	7	NUM
amfbr-551	172	125	ireem	ireem	NOUN
amfbr-551	172	126	effective	effective	ADJ
amfbr-551	172	127	exchange	exchange	NOUN
amfbr-551	172	128	rate	rate	NOUN
amfbr-551	172	129	for	for	ADP
amfbr-551	172	130	import	import	NOUN
amfbr-551	172	131	8	8	NUM
amfbr-551	172	132	ireemfy	ireemfy	NOUN
amfbr-551	172	133	effective	effective	ADJ
amfbr-551	172	134	exchange	exchange	NOUN
amfbr-551	172	135	rate	rate	NOUN
amfbr-551	172	136	for	for	ADP
amfbr-551	172	137	import	import	NOUN
amfbr-551	172	138	of	of	ADP
amfbr-551	172	139	factor	factor	NOUN
amfbr-551	172	140	income	income	NOUN
amfbr-551	172	141	from	from	ADP
amfbr-551	172	142	abroad	abroad	ADV
amfbr-551	172	143	9	9	NUM
amfbr-551	172	144	ireex	ireex	NOUN
amfbr-551	172	145	effective	effective	ADJ
amfbr-551	172	146	exchange	exchange	NOUN
amfbr-551	172	147	rate	rate	NOUN
amfbr-551	172	148	for	for	ADP
amfbr-551	172	149	export	export	NOUN
amfbr-551	172	150	10	10	NUM
amfbr-551	172	151	ireexfy	ireexfy	NOUN
amfbr-551	172	152	effective	effective	ADJ
amfbr-551	172	153	exchange	exchange	NOUN
amfbr-551	172	154	rate	rate	NOUN
amfbr-551	172	155	for	for	ADP
amfbr-551	172	156	export	export	NOUN
amfbr-551	172	157	of	of	ADP
amfbr-551	172	158	factor	factor	NOUN
amfbr-551	172	159	income	income	NOUN
amfbr-551	172	160	from	from	ADP
amfbr-551	172	161	abroad	abroad	ADV
amfbr-551	172	162	11	11	NUM
amfbr-551	172	163	irgv	irgv	ADJ
amfbr-551	172	164	nominal	nominal	ADJ
amfbr-551	172	165	government	government	NOUN
amfbr-551	172	166	consumption	consumption	NOUN
amfbr-551	172	167	,	,	PUNCT
amfbr-551	172	168	billion	billion	NUM
amfbr-551	172	169	rials	rial	NOUN
amfbr-551	172	170	12	12	NUM
amfbr-551	172	171	irnitv	irnitv	ADJ
amfbr-551	172	172	nominal	nominal	ADJ
amfbr-551	172	173	net	net	ADJ
amfbr-551	172	174	indirect	indirect	ADJ
amfbr-551	172	175	taxes	taxis	NOUN
amfbr-551	172	176	,	,	PUNCT
amfbr-551	172	177	billion	billion	NUM
amfbr-551	172	178	rials	rial	NOUN
amfbr-551	172	179	13	13	NUM
amfbr-551	172	180	irolpv	irolpv	NOUN
amfbr-551	172	181	government	government	NOUN
amfbr-551	172	182	budget	budget	NOUN
amfbr-551	172	183	obligatory	obligatory	ADJ
amfbr-551	172	184	loans	loan	NOUN
amfbr-551	172	185	granted	grant	VERB
amfbr-551	172	186	to	to	ADP
amfbr-551	172	187	private	private	ADJ
amfbr-551	172	188	sector	sector	NOUN
amfbr-551	172	189	14	14	NUM
amfbr-551	172	190	irird	irird	NOUN
amfbr-551	172	191	saving	save	VERB
amfbr-551	172	192	deposits	deposit	NOUN
amfbr-551	172	193	weighted	weight	VERB
amfbr-551	172	194	average	average	ADJ
amfbr-551	172	195	interest	interest	NOUN
amfbr-551	172	196	rate	rate	NOUN
amfbr-551	172	197	(	(	PUNCT
amfbr-551	172	198	banking	banking	NOUN
amfbr-551	172	199	system	system	NOUN
amfbr-551	172	200	)	)	PUNCT
amfbr-551	172	201	15	15	NUM
amfbr-551	172	202	irirl	irirl	NOUN
amfbr-551	172	203	loans	loan	NOUN
amfbr-551	172	204	weighted	weight	VERB
amfbr-551	172	205	average	average	ADJ
amfbr-551	172	206	interest	interest	NOUN
amfbr-551	172	207	rate	rate	NOUN
amfbr-551	172	208	(	(	PUNCT
amfbr-551	172	209	banking	banking	NOUN
amfbr-551	172	210	system	system	NOUN
amfbr-551	172	211	)	)	PUNCT
amfbr-551	172	212	16	16	NUM
amfbr-551	172	213	irxoild	irxoild	NOUN
amfbr-551	172	214	export	export	NOUN
amfbr-551	172	215	of	of	ADP
amfbr-551	172	216	oil	oil	NOUN
amfbr-551	172	217	,	,	PUNCT
amfbr-551	172	218	million	million	NUM
amfbr-551	172	219	dollars	dollar	NOUN
amfbr-551	172	220	17	17	NUM
amfbr-551	172	221	d88	d88	ADJ
amfbr-551	172	222	dummy	dummy	ADJ
amfbr-551	172	223	variable	variable	NOUN
amfbr-551	172	224	for	for	ADP
amfbr-551	172	225	the	the	DET
amfbr-551	172	226	1388	1388	NUM
amfbr-551	172	227	18	18	NUM
amfbr-551	172	228	d89	d89	NOUN
amfbr-551	172	229	dummy	dummy	ADJ
amfbr-551	172	230	variable	variable	NOUN
amfbr-551	172	231	for	for	ADP
amfbr-551	172	232	the	the	DET
amfbr-551	172	233	1389	1389	NUM
amfbr-551	172	234	19	19	NUM
amfbr-551	172	235	d91	d91	ADJ
amfbr-551	172	236	dummy	dummy	ADJ
amfbr-551	172	237	variable	variable	NOUN
amfbr-551	172	238	for	for	ADP
amfbr-551	172	239	the	the	DET
amfbr-551	172	240	1391	1391	NUM
amfbr-551	172	241	20	20	NUM
amfbr-551	172	242	d92	d92	NOUN
amfbr-551	172	243	dummy	dummy	ADJ
amfbr-551	172	244	variable	variable	NOUN
amfbr-551	172	245	for	for	ADP
amfbr-551	172	246	the	the	DET
amfbr-551	172	247	1392	1392	NUM
amfbr-551	172	248	21	21	NUM
amfbr-551	172	249	d93	d93	NOUN
amfbr-551	172	250	dummy	dummy	ADJ
amfbr-551	172	251	variable	variable	NOUN
amfbr-551	172	252	for	for	ADP
amfbr-551	172	253	the	the	DET
amfbr-551	172	254	1393	1393	NUM
amfbr-551	172	255	4.1.2	4.1.2	NUM
amfbr-551	172	256	structural	structural	ADJ
amfbr-551	172	257	equations	equation	NOUN
amfbr-551	172	258	identification	identification	NOUN
amfbr-551	172	259	in	in	ADP
amfbr-551	172	260	general	general	ADJ
amfbr-551	172	261	,	,	PUNCT
amfbr-551	172	262	before	before	ADP
amfbr-551	172	263	estimating	estimate	VERB
amfbr-551	172	264	the	the	DET
amfbr-551	172	265	parameters	parameter	NOUN
amfbr-551	172	266	of	of	ADP
amfbr-551	172	267	the	the	DET
amfbr-551	172	268	model	model	NOUN
amfbr-551	172	269	equations	equation	NOUN
amfbr-551	172	270	,	,	PUNCT
amfbr-551	172	271	it	it	PRON
amfbr-551	172	272	is	be	AUX
amfbr-551	172	273	necessary	necessary	ADJ
amfbr-551	172	274	to	to	PART
amfbr-551	172	275	identify	identify	VERB
amfbr-551	172	276	the	the	DET
amfbr-551	172	277	order	order	NOUN
amfbr-551	172	278	(	(	PUNCT
amfbr-551	172	279	necessary	necessary	ADJ
amfbr-551	172	280	condition	condition	NOUN
amfbr-551	172	281	)	)	PUNCT
amfbr-551	172	282	and	and	CCONJ
amfbr-551	172	283	the	the	DET
amfbr-551	172	284	rank	rank	NOUN
amfbr-551	172	285	condition	condition	NOUN
amfbr-551	172	286	(	(	PUNCT
amfbr-551	172	287	necessary	necessary	ADJ
amfbr-551	172	288	and	and	CCONJ
amfbr-551	172	289	sufficient	sufficient	ADJ
amfbr-551	172	290	condition	condition	NOUN
amfbr-551	172	291	)	)	PUNCT
amfbr-551	172	292	for	for	ADP
amfbr-551	172	293	consistent	consistent	ADJ
amfbr-551	172	294	estimation4	estimation4	PROPN
amfbr-551	172	295	.	.	PUNCT
amfbr-551	173	1	as	as	SCONJ
amfbr-551	173	2	can	can	AUX
amfbr-551	173	3	be	be	AUX
amfbr-551	173	4	seen	see	VERB
amfbr-551	173	5	in	in	ADP
amfbr-551	173	6	equations	equation	NOUN
amfbr-551	173	7	(	(	PUNCT
amfbr-551	173	8	19	19	NUM
amfbr-551	173	9	)	)	PUNCT
amfbr-551	173	10	to	to	ADP
amfbr-551	173	11	(	(	PUNCT
amfbr-551	173	12	33	33	NUM
amfbr-551	173	13	)	)	PUNCT
amfbr-551	173	14	there	there	PRON
amfbr-551	173	15	is	be	VERB
amfbr-551	173	16	a	a	DET
amfbr-551	173	17	stochastic	stochastic	ADJ
amfbr-551	173	18	equation	equation	NOUN
amfbr-551	173	19	or	or	CCONJ
amfbr-551	173	20	an	an	DET
amfbr-551	173	21	accounting	accounting	NOUN
amfbr-551	173	22	equation	equation	NOUN
amfbr-551	173	23	for	for	ADP
amfbr-551	173	24	each	each	DET
amfbr-551	173	25	endogenous	endogenous	ADJ
amfbr-551	173	26	variable	variable	NOUN
amfbr-551	173	27	in	in	ADP
amfbr-551	173	28	equation	equation	NOUN
amfbr-551	173	29	(	(	PUNCT
amfbr-551	173	30	19	19	NUM
amfbr-551	173	31	)	)	PUNCT
amfbr-551	173	32	.	.	PUNCT
amfbr-551	174	1	the	the	DET
amfbr-551	174	2	absence	absence	NOUN
amfbr-551	174	3	of	of	ADP
amfbr-551	174	4	linear	linear	ADJ
amfbr-551	174	5	combination	combination	NOUN
amfbr-551	174	6	in	in	ADP
amfbr-551	174	7	the	the	DET
amfbr-551	174	8	vectors	vector	NOUN
amfbr-551	174	9	of	of	ADP
amfbr-551	174	10	the	the	DET
amfbr-551	174	11	instrumental	instrumental	ADJ
amfbr-551	174	12	variables	variable	NOUN
amfbr-551	174	13	and	and	CCONJ
amfbr-551	174	14	other	other	ADJ
amfbr-551	174	15	independent	independent	ADJ
amfbr-551	174	16	variables	variable	NOUN
amfbr-551	174	17	determines	determine	VERB
amfbr-551	174	18	the	the	DET
amfbr-551	174	19	rank	rank	NOUN
amfbr-551	174	20	condition	condition	NOUN
amfbr-551	174	21	.	.	PUNCT
amfbr-551	175	1	in	in	ADP
amfbr-551	175	2	other	other	ADJ
amfbr-551	175	3	4	4	NUM
amfbr-551	175	4	if	if	SCONJ
amfbr-551	175	5	the	the	DET
amfbr-551	175	6	structural	structural	ADJ
amfbr-551	175	7	equation	equation	NOUN
amfbr-551	175	8	has	have	VERB
amfbr-551	175	9	an	an	DET
amfbr-551	175	10	endogenous	endogenous	ADJ
amfbr-551	175	11	variable	variable	NOUN
amfbr-551	175	12	(	(	PUNCT
amfbr-551	175	13	y1	y1	NOUN
amfbr-551	175	14	)	)	PUNCT
amfbr-551	175	15	on	on	ADP
amfbr-551	175	16	the	the	DET
amfbr-551	175	17	left	left	NOUN
amfbr-551	175	18	,	,	PUNCT
amfbr-551	175	19	an	an	DET
amfbr-551	175	20	endogenous	endogenous	ADJ
amfbr-551	175	21	variable	variable	NOUN
amfbr-551	175	22	(	(	PUNCT
amfbr-551	175	23	g1	g1	PROPN
amfbr-551	175	24	)	)	PUNCT
amfbr-551	175	25	and	and	CCONJ
amfbr-551	175	26	an	an	DET
amfbr-551	175	27	independent	independent	ADJ
amfbr-551	175	28	variable	variable	NOUN
amfbr-551	175	29	(	(	PUNCT
amfbr-551	175	30	k1	k1	NOUN
amfbr-551	175	31	)	)	PUNCT
amfbr-551	175	32	on	on	ADP
amfbr-551	175	33	the	the	DET
amfbr-551	175	34	right	right	NOUN
amfbr-551	175	35	,	,	PUNCT
amfbr-551	175	36	so	so	SCONJ
amfbr-551	175	37	that	that	SCONJ
amfbr-551	175	38	the	the	DET
amfbr-551	175	39	endogenous	endogenous	ADJ
amfbr-551	175	40	variable	variable	NOUN
amfbr-551	175	41	to	to	ADP
amfbr-551	175	42	the	the	DET
amfbr-551	175	43	right	right	NOUN
amfbr-551	175	44	of	of	ADP
amfbr-551	175	45	the	the	DET
amfbr-551	175	46	equation	equation	NOUN
amfbr-551	175	47	is	be	AUX
amfbr-551	175	48	correlated	correlate	VERB
amfbr-551	175	49	with	with	ADP
amfbr-551	175	50	the	the	DET
amfbr-551	175	51	error	error	NOUN
amfbr-551	175	52	term	term	NOUN
amfbr-551	175	53	,	,	PUNCT
amfbr-551	175	54	then	then	ADV
amfbr-551	175	55	the	the	DET
amfbr-551	175	56	estimation	estimation	NOUN
amfbr-551	175	57	of	of	ADP
amfbr-551	175	58	the	the	DET
amfbr-551	175	59	model	model	NOUN
amfbr-551	175	60	equation	equation	NOUN
amfbr-551	175	61	coefficients	coefficient	NOUN
amfbr-551	175	62	is	be	AUX
amfbr-551	175	63	inconsistent	inconsistent	ADJ
amfbr-551	175	64	under	under	ADP
amfbr-551	175	65	the	the	DET
amfbr-551	175	66	ols	ol	NOUN
amfbr-551	175	67	method	method	NOUN
amfbr-551	175	68	.	.	PUNCT
amfbr-551	176	1	if	if	SCONJ
amfbr-551	176	2	there	there	PRON
amfbr-551	176	3	is	be	VERB
amfbr-551	176	4	a	a	DET
amfbr-551	176	5	structural	structural	ADJ
amfbr-551	176	6	equation	equation	NOUN
amfbr-551	176	7	for	for	ADP
amfbr-551	176	8	each	each	DET
amfbr-551	176	9	right	right	ADJ
amfbr-551	176	10	endogenous	endogenous	ADJ
amfbr-551	176	11	variable	variable	NOUN
amfbr-551	176	12	to	to	PART
amfbr-551	176	13	describe	describe	VERB
amfbr-551	176	14	its	its	PRON
amfbr-551	176	15	behavior	behavior	NOUN
amfbr-551	176	16	then	then	ADV
amfbr-551	176	17	it	it	PRON
amfbr-551	176	18	is	be	AUX
amfbr-551	176	19	called	call	VERB
amfbr-551	176	20	a	a	DET
amfbr-551	176	21	complete	complete	ADJ
amfbr-551	176	22	system	system	NOUN
amfbr-551	176	23	of	of	ADP
amfbr-551	176	24	equations	equation	NOUN
amfbr-551	176	25	.	.	PUNCT
amfbr-551	177	1	assuming	assume	VERB
amfbr-551	177	2	that	that	SCONJ
amfbr-551	177	3	k	k	PROPN
amfbr-551	177	4	independent	independent	ADJ
amfbr-551	177	5	variables	variable	NOUN
amfbr-551	177	6	exist	exist	VERB
amfbr-551	177	7	in	in	ADP
amfbr-551	177	8	the	the	DET
amfbr-551	177	9	system	system	NOUN
amfbr-551	177	10	of	of	ADP
amfbr-551	177	11	equations	equation	NOUN
amfbr-551	177	12	,	,	PUNCT
amfbr-551	177	13	then	then	ADV
amfbr-551	177	14	the	the	DET
amfbr-551	177	15	minimum	minimum	ADJ
amfbr-551	177	16	number	number	NOUN
amfbr-551	177	17	of	of	ADP
amfbr-551	177	18	independent	independent	ADJ
amfbr-551	177	19	variables	variable	NOUN
amfbr-551	177	20	necessary	necessary	ADJ
amfbr-551	177	21	for	for	ADP
amfbr-551	177	22	consistent	consistent	ADJ
amfbr-551	177	23	estimation	estimation	NOUN
amfbr-551	177	24	in	in	ADP
amfbr-551	177	25	the	the	DET
amfbr-551	177	26	structural	structural	ADJ
amfbr-551	177	27	equations	equation	NOUN
amfbr-551	177	28	is	be	AUX
amfbr-551	177	29	obtained	obtain	VERB
amfbr-551	177	30	through	through	ADP
amfbr-551	177	31	the	the	DET
amfbr-551	177	32	order	order	NOUN
amfbr-551	177	33	condition	condition	NOUN
amfbr-551	177	34	for	for	ADP
amfbr-551	177	35	identification	identification	NOUN
amfbr-551	177	36	.	.	PUNCT
amfbr-551	178	1	the	the	DET
amfbr-551	178	2	order	order	NOUN
amfbr-551	178	3	condition	condition	NOUN
amfbr-551	178	4	is	be	AUX
amfbr-551	178	5	obtained	obtain	VERB
amfbr-551	178	6	from	from	ADP
amfbr-551	178	7	2	2	NUM
amfbr-551	178	8	1k	1k	NOUN
amfbr-551	178	9	g	g	NOUN
amfbr-551	178	10	provided	provide	VERB
amfbr-551	178	11	k2	k2	PROPN
amfbr-551	178	12	=	=	SYM
amfbr-551	178	13	kk1	kk1	PROPN
amfbr-551	178	14	;	;	PUNCT
amfbr-551	178	15	k2	k2	PROPN
amfbr-551	178	16	is	be	AUX
amfbr-551	178	17	the	the	DET
amfbr-551	178	18	number	number	NOUN
amfbr-551	178	19	of	of	ADP
amfbr-551	178	20	the	the	DET
amfbr-551	178	21	independent	independent	ADJ
amfbr-551	178	22	variables	variable	NOUN
amfbr-551	178	23	outside	outside	ADP
amfbr-551	178	24	the	the	DET
amfbr-551	178	25	equation	equation	NOUN
amfbr-551	178	26	examined	examine	VERB
amfbr-551	178	27	for	for	ADP
amfbr-551	178	28	identification	identification	NOUN
amfbr-551	178	29	in	in	ADP
amfbr-551	178	30	the	the	DET
amfbr-551	178	31	equation	equation	NOUN
amfbr-551	178	32	system	system	NOUN
amfbr-551	178	33	that	that	PRON
amfbr-551	178	34	affect	affect	VERB
amfbr-551	178	35	the	the	DET
amfbr-551	178	36	behavior	behavior	NOUN
amfbr-551	178	37	of	of	ADP
amfbr-551	178	38	the	the	DET
amfbr-551	178	39	endogenous	endogenous	ADJ
amfbr-551	178	40	variables	variable	NOUN
amfbr-551	178	41	to	to	ADP
amfbr-551	178	42	the	the	DET
amfbr-551	178	43	right	right	NOUN
amfbr-551	178	44	of	of	ADP
amfbr-551	178	45	the	the	DET
amfbr-551	178	46	equation	equation	NOUN
amfbr-551	178	47	.	.	PUNCT
amfbr-551	179	1	it	it	PRON
amfbr-551	179	2	should	should	AUX
amfbr-551	179	3	keep	keep	VERB
amfbr-551	179	4	in	in	ADP
amfbr-551	179	5	mind	mind	NOUN
amfbr-551	179	6	that	that	SCONJ
amfbr-551	179	7	the	the	DET
amfbr-551	179	8	order	order	NOUN
amfbr-551	179	9	condition	condition	NOUN
amfbr-551	179	10	is	be	AUX
amfbr-551	179	11	necessary	necessary	ADJ
amfbr-551	179	12	to	to	PART
amfbr-551	179	13	identify	identify	VERB
amfbr-551	179	14	and	and	CCONJ
amfbr-551	179	15	the	the	DET
amfbr-551	179	16	rank	rank	NOUN
amfbr-551	179	17	condition	condition	NOUN
amfbr-551	179	18	is	be	AUX
amfbr-551	179	19	sufficient	sufficient	ADJ
amfbr-551	179	20	as	as	ADV
amfbr-551	179	21	well	well	ADV
amfbr-551	179	22	.	.	PUNCT
amfbr-551	180	1	also	also	ADV
amfbr-551	180	2	,	,	PUNCT
amfbr-551	180	3	without	without	ADP
amfbr-551	180	4	using	use	VERB
amfbr-551	180	5	the	the	DET
amfbr-551	180	6	matrices	matrix	NOUN
amfbr-551	180	7	used	use	VERB
amfbr-551	180	8	to	to	PART
amfbr-551	180	9	obtain	obtain	VERB
amfbr-551	180	10	the	the	DET
amfbr-551	180	11	rank	rank	NOUN
amfbr-551	180	12	order	order	NOUN
amfbr-551	180	13	,	,	PUNCT
amfbr-551	180	14	the	the	DET
amfbr-551	180	15	two	two	NUM
amfbr-551	180	16	-	-	PUNCT
amfbr-551	180	17	stage	stage	NOUN
amfbr-551	180	18	least	least	ADJ
amfbr-551	180	19	squares	square	NOUN
amfbr-551	180	20	(	(	PUNCT
amfbr-551	180	21	2sls	2sls	NOUN
amfbr-551	180	22	)	)	PUNCT
amfbr-551	180	23	method	method	NOUN
amfbr-551	180	24	can	can	AUX
amfbr-551	180	25	have	have	VERB
amfbr-551	180	26	a	a	DET
amfbr-551	180	27	consistent	consistent	ADJ
amfbr-551	180	28	estimate	estimate	NOUN
amfbr-551	180	29	for	for	ADP
amfbr-551	180	30	the	the	DET
amfbr-551	180	31	parameters	parameter	NOUN
amfbr-551	180	32	,	,	PUNCT
amfbr-551	180	33	so	so	SCONJ
amfbr-551	180	34	that	that	SCONJ
amfbr-551	180	35	in	in	ADP
amfbr-551	180	36	the	the	DET
amfbr-551	180	37	first	first	ADJ
amfbr-551	180	38	step	step	NOUN
amfbr-551	180	39	,	,	PUNCT
amfbr-551	180	40	the	the	DET
amfbr-551	180	41	endogenous	endogenous	ADJ
amfbr-551	180	42	variables	variable	NOUN
amfbr-551	180	43	of	of	ADP
amfbr-551	180	44	the	the	DET
amfbr-551	180	45	equation	equation	NOUN
amfbr-551	180	46	are	be	AUX
amfbr-551	180	47	obtained	obtain	VERB
amfbr-551	180	48	using	use	VERB
amfbr-551	180	49	the	the	DET
amfbr-551	180	50	other	other	ADJ
amfbr-551	180	51	independent	independent	ADJ
amfbr-551	180	52	variables	variable	NOUN
amfbr-551	180	53	affecting	affect	VERB
amfbr-551	180	54	the	the	DET
amfbr-551	180	55	behavior	behavior	NOUN
amfbr-551	180	56	of	of	ADP
amfbr-551	180	57	the	the	DET
amfbr-551	180	58	endogenous	endogenous	ADJ
amfbr-551	180	59	variable	variable	NOUN
amfbr-551	180	60	are	be	AUX
amfbr-551	180	61	estimated	estimate	VERB
amfbr-551	180	62	by	by	ADP
amfbr-551	180	63	the	the	DET
amfbr-551	180	64	ols	ol	NOUN
amfbr-551	180	65	method	method	NOUN
amfbr-551	180	66	and	and	CCONJ
amfbr-551	180	67	secondly	secondly	ADV
amfbr-551	180	68	,	,	PUNCT
amfbr-551	180	69	by	by	ADP
amfbr-551	180	70	estimating	estimate	VERB
amfbr-551	180	71	the	the	DET
amfbr-551	180	72	variables	variable	NOUN
amfbr-551	180	73	in	in	ADP
amfbr-551	180	74	the	the	DET
amfbr-551	180	75	first	first	ADJ
amfbr-551	180	76	step	step	NOUN
amfbr-551	180	77	,	,	PUNCT
amfbr-551	180	78	the	the	DET
amfbr-551	180	79	endogenous	endogenous	ADJ
amfbr-551	180	80	variable	variable	NOUN
amfbr-551	180	81	to	to	ADP
amfbr-551	180	82	the	the	DET
amfbr-551	180	83	left	left	NOUN
amfbr-551	180	84	of	of	ADP
amfbr-551	180	85	the	the	DET
amfbr-551	180	86	equation	equation	NOUN
amfbr-551	180	87	is	be	AUX
amfbr-551	180	88	estimated	estimate	VERB
amfbr-551	180	89	.	.	PUNCT
amfbr-551	181	1	therefore	therefore	ADV
amfbr-551	181	2	,	,	PUNCT
amfbr-551	181	3	the	the	DET
amfbr-551	181	4	order	order	NOUN
amfbr-551	181	5	condition	condition	NOUN
amfbr-551	181	6	identification	identification	NOUN
amfbr-551	181	7	requirement	requirement	NOUN
amfbr-551	181	8	in	in	ADP
amfbr-551	181	9	the	the	DET
amfbr-551	181	10	2sls	2sls	NOUN
amfbr-551	181	11	method	method	NOUN
amfbr-551	181	12	is	be	AUX
amfbr-551	181	13	sufficient	sufficient	ADJ
amfbr-551	181	14	for	for	ADP
amfbr-551	181	15	consistent	consistent	ADJ
amfbr-551	181	16	estimation	estimation	NOUN
amfbr-551	181	17	of	of	ADP
amfbr-551	181	18	model	model	NOUN
amfbr-551	181	19	equations	equation	NOUN
amfbr-551	181	20	(	(	PUNCT
amfbr-551	181	21	baltagi	baltagi	NOUN
amfbr-551	181	22	,	,	PUNCT
amfbr-551	181	23	2008	2008	NUM
amfbr-551	181	24	:	:	PUNCT
amfbr-551	181	25	pp.256	pp.256	PROPN
amfbr-551	181	26	:	:	PUNCT
amfbr-551	181	27	277	277	NUM
amfbr-551	181	28	)	)	PUNCT
amfbr-551	181	29	.	.	PUNCT
amfbr-551	182	1	in	in	ADP
amfbr-551	182	2	the	the	DET
amfbr-551	182	3	model	model	NOUN
amfbr-551	182	4	examined	examine	VERB
amfbr-551	182	5	in	in	ADP
amfbr-551	182	6	this	this	DET
amfbr-551	182	7	paper	paper	NOUN
amfbr-551	182	8	,	,	PUNCT
amfbr-551	182	9	equation	equation	NOUN
amfbr-551	182	10	(	(	PUNCT
amfbr-551	182	11	19	19	NUM
amfbr-551	182	12	)	)	PUNCT
amfbr-551	182	13	has	have	VERB
amfbr-551	182	14	7	7	NUM
amfbr-551	182	15	endogenous	endogenous	ADJ
amfbr-551	182	16	variables	variable	NOUN
amfbr-551	182	17	on	on	ADP
amfbr-551	182	18	the	the	DET
amfbr-551	182	19	right	right	NOUN
amfbr-551	182	20	and	and	CCONJ
amfbr-551	182	21	9	9	NUM
amfbr-551	182	22	structural	structural	ADJ
amfbr-551	182	23	equations	equation	NOUN
amfbr-551	182	24	that	that	PRON
amfbr-551	182	25	each	each	DET
amfbr-551	182	26	equation	equation	NOUN
amfbr-551	182	27	is	be	AUX
amfbr-551	182	28	estimated	estimate	VERB
amfbr-551	182	29	from	from	ADP
amfbr-551	182	30	at	at	ADV
amfbr-551	182	31	least	least	ADV
amfbr-551	182	32	one	one	NUM
amfbr-551	182	33	independent	independent	ADJ
amfbr-551	182	34	variable	variable	NOUN
amfbr-551	182	35	outside	outside	ADP
amfbr-551	182	36	of	of	ADP
amfbr-551	182	37	equation	equation	NOUN
amfbr-551	182	38	(	(	PUNCT
amfbr-551	182	39	19	19	NUM
amfbr-551	182	40	)	)	PUNCT
amfbr-551	182	41	.	.	PUNCT
amfbr-551	183	1	therefore	therefore	ADV
amfbr-551	183	2	,	,	PUNCT
amfbr-551	183	3	the	the	DET
amfbr-551	183	4	order	order	NOUN
amfbr-551	183	5	condition	condition	NOUN
amfbr-551	183	6	is	be	AUX
amfbr-551	183	7	over	over	ADV
amfbr-551	183	8	-	-	PUNCT
amfbr-551	183	9	identified	identify	VERB
amfbr-551	183	10	which	which	PRON
amfbr-551	183	11	can	can	AUX
amfbr-551	183	12	be	be	AUX
amfbr-551	183	13	estimated	estimate	VERB
amfbr-551	183	14	by	by	ADP
amfbr-551	183	15	using	use	VERB
amfbr-551	183	16	the	the	DET
amfbr-551	183	17	2sls	2sls	NUM
amfbr-551	183	18	method	method	NOUN
amfbr-551	183	19	.	.	PUNCT
amfbr-551	184	1	the	the	DET
amfbr-551	184	2	recent	recent	ADJ
amfbr-551	184	3	issue	issue	NOUN
amfbr-551	184	4	is	be	AUX
amfbr-551	184	5	also	also	ADV
amfbr-551	184	6	mentioned	mention	VERB
amfbr-551	184	7	in	in	ADP
amfbr-551	184	8	chapter15	chapter15	NOUN
amfbr-551	184	9	of	of	ADP
amfbr-551	184	10	the	the	DET
amfbr-551	184	11	book	book	NOUN
amfbr-551	184	12	econometrics	econometrics	NOUN
amfbr-551	184	13	analyzes	analyze	NOUN
amfbr-551	184	14	(	(	PUNCT
amfbr-551	184	15	green	green	ADJ
amfbr-551	184	16	,	,	PUNCT
amfbr-551	184	17	2002	2002	NUM
amfbr-551	184	18	:	:	PUNCT
amfbr-551	184	19	393	393	NUM
amfbr-551	184	20	)	)	PUNCT
amfbr-551	184	21	that	that	SCONJ
amfbr-551	184	22	"	"	PUNCT
amfbr-551	184	23	it	it	PRON
amfbr-551	184	24	is	be	AUX
amfbr-551	184	25	unusual	unusual	ADJ
amfbr-551	184	26	for	for	SCONJ
amfbr-551	184	27	a	a	DET
amfbr-551	184	28	model	model	NOUN
amfbr-551	184	29	to	to	PART
amfbr-551	184	30	pass	pass	VERB
amfbr-551	184	31	the	the	DET
amfbr-551	184	32	order	order	NOUN
amfbr-551	184	33	but	but	CCONJ
amfbr-551	184	34	not	not	PART
amfbr-551	184	35	the	the	DET
amfbr-551	184	36	rank	rank	NOUN
amfbr-551	184	37	condition	condition	NOUN
amfbr-551	184	38	"	"	PUNCT
amfbr-551	184	39	.	.	PUNCT
amfbr-551	185	1	copyright	copyright	NOUN
amfbr-551	185	2	©	©	PROPN
amfbr-551	185	3	cc	cc	PROPN
amfbr-551	185	4	-	-	PUNCT
amfbr-551	185	5	by	by	ADP
amfbr-551	185	6	-	-	PUNCT
amfbr-551	185	7	nc	nc	PROPN
amfbr-551	185	8	2020	2020	NUM
amfbr-551	185	9	,	,	PUNCT
amfbr-551	185	10	cribfb	cribfb	PROPN
amfbr-551	185	11	|	|	ADV
amfbr-551	185	12	amfbr	amfbr	ADJ
amfbr-551	185	13	www.cribfb.com/journal/index.php/amfbr	www.cribfb.com/journal/index.php/amfbr	PROPN
amfbr-551	185	14	american	american	PROPN
amfbr-551	185	15	finance	finance	PROPN
amfbr-551	185	16	&	&	CCONJ
amfbr-551	185	17	banking	banking	PROPN
amfbr-551	185	18	review	review	PROPN
amfbr-551	185	19	vol	vol	NOUN
amfbr-551	185	20	.	.	PROPN
amfbr-551	186	1	5	5	NUM
amfbr-551	186	2	,	,	PUNCT
amfbr-551	186	3	no	no	INTJ
amfbr-551	186	4	.	.	NOUN
amfbr-551	186	5	1	1	NUM
amfbr-551	186	6	;	;	PUNCT
amfbr-551	186	7	2020	2020	NUM
amfbr-551	186	8	36	36	NUM
amfbr-551	186	9	words	word	NOUN
amfbr-551	186	10	,	,	PUNCT
amfbr-551	186	11	if	if	SCONJ
amfbr-551	186	12	the	the	DET
amfbr-551	186	13	model	model	NOUN
amfbr-551	186	14	of	of	ADP
amfbr-551	186	15	the	the	DET
amfbr-551	186	16	m	m	PROPN
amfbr-551	186	17	equations	equation	NOUN
amfbr-551	186	18	and	and	CCONJ
amfbr-551	186	19	the	the	DET
amfbr-551	186	20	m	m	NOUN
amfbr-551	186	21	endogenous	endogenous	ADJ
amfbr-551	186	22	variables	variable	NOUN
amfbr-551	186	23	can	can	AUX
amfbr-551	186	24	only	only	ADV
amfbr-551	186	25	have	have	VERB
amfbr-551	186	26	at	at	ADV
amfbr-551	186	27	least	least	ADV
amfbr-551	186	28	one	one	NUM
amfbr-551	186	29	non	non	ADJ
amfbr-551	186	30	-	-	ADJ
amfbr-551	186	31	zero	zero	ADJ
amfbr-551	186	32	determinant	determinant	NOUN
amfbr-551	186	33	of	of	ADP
amfbr-551	186	34	the	the	DET
amfbr-551	186	35	matrix	matrix	NOUN
amfbr-551	186	36	(	(	PUNCT
amfbr-551	186	37	m-1	m-1	NOUN
amfbr-551	186	38	)	)	PUNCT
amfbr-551	187	1	*	*	PUNCT
amfbr-551	187	2	(	(	PUNCT
amfbr-551	187	3	m-1	m-1	NOUN
amfbr-551	187	4	)	)	PUNCT
amfbr-551	187	5	related	relate	VERB
amfbr-551	187	6	to	to	ADP
amfbr-551	187	7	the	the	DET
amfbr-551	187	8	coefficients	coefficient	NOUN
amfbr-551	187	9	of	of	ADP
amfbr-551	187	10	the	the	DET
amfbr-551	187	11	endogenous	endogenous	ADJ
amfbr-551	187	12	and	and	CCONJ
amfbr-551	187	13	predetermined	predetermine	VERB
amfbr-551	187	14	variables	variable	NOUN
amfbr-551	187	15	outside	outside	ADP
amfbr-551	187	16	the	the	DET
amfbr-551	187	17	examined	examine	VERB
amfbr-551	187	18	equation	equation	NOUN
amfbr-551	187	19	but	but	CCONJ
amfbr-551	187	20	included	include	VERB
amfbr-551	187	21	in	in	ADP
amfbr-551	187	22	other	other	ADJ
amfbr-551	187	23	model	model	NOUN
amfbr-551	187	24	equations	equation	NOUN
amfbr-551	187	25	is	be	AUX
amfbr-551	187	26	identified	identify	VERB
amfbr-551	187	27	(	(	PUNCT
amfbr-551	187	28	gujarati	gujarati	PROPN
amfbr-551	187	29	,	,	PUNCT
amfbr-551	187	30	2004	2004	NUM
amfbr-551	187	31	)	)	PUNCT
amfbr-551	187	32	.	.	PUNCT
amfbr-551	188	1	the	the	DET
amfbr-551	188	2	model	model	NOUN
amfbr-551	188	3	has	have	VERB
amfbr-551	188	4	8	8	NUM
amfbr-551	188	5	random	random	ADJ
amfbr-551	188	6	equations	equation	NOUN
amfbr-551	188	7	,	,	PUNCT
amfbr-551	188	8	7	7	NUM
amfbr-551	188	9	accounting	accounting	NOUN
amfbr-551	188	10	equations	equation	NOUN
amfbr-551	188	11	,	,	PUNCT
amfbr-551	188	12	15	15	NUM
amfbr-551	188	13	endogenous	endogenous	ADJ
amfbr-551	188	14	variables	variable	NOUN
amfbr-551	188	15	(	(	PUNCT
amfbr-551	188	16	m	m	NOUN
amfbr-551	188	17	=	=	NOUN
amfbr-551	188	18	15	15	NUM
amfbr-551	188	19	)	)	PUNCT
amfbr-551	188	20	and	and	CCONJ
amfbr-551	188	21	28	28	NUM
amfbr-551	188	22	pre	pre	ADJ
amfbr-551	188	23	-	-	ADJ
amfbr-551	188	24	determined	determined	ADJ
amfbr-551	188	25	explanatory	explanatory	ADJ
amfbr-551	188	26	variables	variable	NOUN
amfbr-551	188	27	(	(	PUNCT
amfbr-551	188	28	k	k	NOUN
amfbr-551	188	29	=	=	SYM
amfbr-551	188	30	33)5	33)5	NUM
amfbr-551	188	31	.	.	PUNCT
amfbr-551	189	1	so	so	ADV
amfbr-551	189	2	the	the	DET
amfbr-551	189	3	model	model	NOUN
amfbr-551	189	4	equations	equation	NOUN
amfbr-551	189	5	(	(	PUNCT
amfbr-551	189	6	equation19	equation19	NOUN
amfbr-551	189	7	to	to	ADP
amfbr-551	189	8	26	26	NUM
amfbr-551	189	9	)	)	PUNCT
amfbr-551	189	10	are	be	AUX
amfbr-551	189	11	over	over	ADV
amfbr-551	189	12	-	-	PUNCT
amfbr-551	189	13	identified	identify	VERB
amfbr-551	189	14	.	.	PUNCT
amfbr-551	190	1	4.1.3	4.1.3	NUM
amfbr-551	190	2	stationary	stationary	NOUN
amfbr-551	190	3	of	of	ADP
amfbr-551	190	4	the	the	DET
amfbr-551	190	5	variables	variable	NOUN
amfbr-551	190	6	consideration	consideration	NOUN
amfbr-551	190	7	as	as	SCONJ
amfbr-551	190	8	can	can	AUX
amfbr-551	190	9	be	be	AUX
amfbr-551	190	10	seen	see	VERB
amfbr-551	190	11	in	in	ADP
amfbr-551	190	12	the	the	DET
amfbr-551	190	13	table	table	NOUN
amfbr-551	190	14	(	(	PUNCT
amfbr-551	190	15	1	1	NUM
amfbr-551	190	16	)	)	PUNCT
amfbr-551	190	17	,	,	PUNCT
amfbr-551	190	18	some	some	DET
amfbr-551	190	19	variables	variable	NOUN
amfbr-551	190	20	are	be	AUX
amfbr-551	190	21	at	at	ADP
amfbr-551	190	22	least	least	ADJ
amfbr-551	190	23	first	first	ADJ
amfbr-551	190	24	-	-	PUNCT
amfbr-551	190	25	order	order	NOUN
amfbr-551	190	26	integrated	integrate	VERB
amfbr-551	190	27	i(1	i(1	NOUN
amfbr-551	190	28	)	)	PUNCT
amfbr-551	190	29	,	,	PUNCT
amfbr-551	190	30	and	and	CCONJ
amfbr-551	190	31	the	the	DET
amfbr-551	190	32	first	first	ADJ
amfbr-551	190	33	differences	difference	NOUN
amfbr-551	190	34	are	be	AUX
amfbr-551	190	35	used	use	VERB
amfbr-551	190	36	in	in	ADP
amfbr-551	190	37	the	the	DET
amfbr-551	190	38	regression	regression	NOUN
amfbr-551	190	39	equations	equation	NOUN
amfbr-551	190	40	for	for	ADP
amfbr-551	190	41	being	be	AUX
amfbr-551	190	42	stationary	stationary	ADJ
amfbr-551	190	43	.	.	PUNCT
amfbr-551	191	1	therefore	therefore	ADV
amfbr-551	191	2	,	,	PUNCT
amfbr-551	191	3	in	in	ADP
amfbr-551	191	4	order	order	NOUN
amfbr-551	191	5	to	to	PART
amfbr-551	191	6	avoid	avoid	VERB
amfbr-551	191	7	spurious	spurious	ADJ
amfbr-551	191	8	regressions	regression	NOUN
amfbr-551	191	9	in	in	ADP
amfbr-551	191	10	the	the	DET
amfbr-551	191	11	system	system	NOUN
amfbr-551	191	12	of	of	ADP
amfbr-551	191	13	equations	equation	NOUN
amfbr-551	191	14	,	,	PUNCT
amfbr-551	191	15	first	first	ADJ
amfbr-551	191	16	-	-	PUNCT
amfbr-551	191	17	order	order	NOUN
amfbr-551	191	18	difference	difference	NOUN
amfbr-551	191	19	is	be	AUX
amfbr-551	191	20	used	use	VERB
amfbr-551	191	21	.	.	PUNCT
amfbr-551	192	1	according	accord	VERB
amfbr-551	192	2	to	to	ADP
amfbr-551	192	3	table	table	NOUN
amfbr-551	192	4	(	(	PUNCT
amfbr-551	192	5	2	2	NUM
amfbr-551	192	6	)	)	PUNCT
amfbr-551	192	7	,	,	PUNCT
amfbr-551	192	8	all	all	DET
amfbr-551	192	9	the	the	DET
amfbr-551	192	10	parameters	parameter	NOUN
amfbr-551	192	11	of	of	ADP
amfbr-551	192	12	lagged	lag	VERB
amfbr-551	192	13	variables	variable	NOUN
amfbr-551	192	14	of	of	ADP
amfbr-551	192	15	the	the	DET
amfbr-551	192	16	structural	structural	ADJ
amfbr-551	192	17	equations	equation	NOUN
amfbr-551	192	18	are	be	AUX
amfbr-551	192	19	approximately	approximately	ADV
amfbr-551	192	20	equal	equal	ADJ
amfbr-551	192	21	to	to	ADP
amfbr-551	192	22	one	one	NUM
amfbr-551	192	23	,	,	PUNCT
amfbr-551	192	24	and	and	CCONJ
amfbr-551	192	25	mathematically	mathematically	ADV
amfbr-551	192	26	if	if	SCONJ
amfbr-551	192	27	the	the	DET
amfbr-551	192	28	lagged	lag	VERB
amfbr-551	192	29	variable	variable	NOUN
amfbr-551	192	30	is	be	AUX
amfbr-551	192	31	moved	move	VERB
amfbr-551	192	32	to	to	ADP
amfbr-551	192	33	the	the	DET
amfbr-551	192	34	left	left	NOUN
amfbr-551	192	35	of	of	ADP
amfbr-551	192	36	the	the	DET
amfbr-551	192	37	equation	equation	NOUN
amfbr-551	192	38	then	then	ADV
amfbr-551	192	39	the	the	DET
amfbr-551	192	40	endogenous	endogenous	ADJ
amfbr-551	192	41	variable	variable	ADJ
amfbr-551	192	42	difference	difference	NOUN
amfbr-551	192	43	is	be	AUX
amfbr-551	192	44	obtained6	obtained6	PROPN
amfbr-551	192	45	.	.	PUNCT
amfbr-551	193	1	in	in	ADP
amfbr-551	193	2	other	other	ADJ
amfbr-551	193	3	hand	hand	NOUN
amfbr-551	193	4	,	,	PUNCT
amfbr-551	193	5	after	after	ADP
amfbr-551	193	6	numerous	numerous	ADJ
amfbr-551	193	7	and	and	CCONJ
amfbr-551	193	8	repeated	repeat	VERB
amfbr-551	193	9	reviews	review	NOUN
amfbr-551	193	10	this	this	DET
amfbr-551	193	11	solution	solution	NOUN
amfbr-551	193	12	can	can	AUX
amfbr-551	193	13	be	be	AUX
amfbr-551	193	14	solved	solve	VERB
amfbr-551	193	15	first	first	ADV
amfbr-551	193	16	,	,	PUNCT
amfbr-551	193	17	i(1	i(1	PROPN
amfbr-551	193	18	)	)	PUNCT
amfbr-551	193	19	and	and	CCONJ
amfbr-551	193	20	random	random	ADJ
amfbr-551	193	21	walk	walk	NOUN
amfbr-551	193	22	by	by	ADP
amfbr-551	193	23	first	first	ADJ
amfbr-551	193	24	order	order	NOUN
amfbr-551	193	25	difference	difference	NOUN
amfbr-551	193	26	through	through	ADP
amfbr-551	193	27	insertion	insertion	NOUN
amfbr-551	193	28	of	of	ADP
amfbr-551	193	29	first	first	ADJ
amfbr-551	193	30	order	order	NOUN
amfbr-551	193	31	lagged	lag	VERB
amfbr-551	193	32	dependent	dependent	ADJ
amfbr-551	193	33	variable	variable	NOUN
amfbr-551	193	34	to	to	ADP
amfbr-551	193	35	the	the	DET
amfbr-551	193	36	right	right	NOUN
amfbr-551	193	37	,	,	PUNCT
amfbr-551	193	38	then	then	ADV
amfbr-551	193	39	by	by	ADP
amfbr-551	193	40	using	use	VERB
amfbr-551	193	41	the	the	DET
amfbr-551	193	42	residual	residual	ADJ
amfbr-551	193	43	inverse	inverse	NOUN
amfbr-551	193	44	through	through	ADP
amfbr-551	193	45	weighted	weight	VERB
amfbr-551	193	46	least	least	ADJ
amfbr-551	193	47	squares	square	NOUN
amfbr-551	193	48	method	method	NOUN
amfbr-551	193	49	(	(	PUNCT
amfbr-551	193	50	wlss	wlss	ADV
amfbr-551	193	51	)	)	PUNCT
amfbr-551	193	52	eliminate	eliminate	VERB
amfbr-551	193	53	variance	variance	NOUN
amfbr-551	193	54	heterogeneity	heterogeneity	NOUN
amfbr-551	193	55	of	of	ADP
amfbr-551	193	56	the	the	DET
amfbr-551	193	57	residuals	residual	NOUN
amfbr-551	193	58	that	that	PRON
amfbr-551	193	59	have	have	VERB
amfbr-551	193	60	more	more	ADJ
amfbr-551	193	61	than	than	ADP
amfbr-551	193	62	first	first	ADJ
amfbr-551	193	63	-	-	PUNCT
amfbr-551	193	64	order	order	NOUN
amfbr-551	193	65	integrated	integrate	VERB
amfbr-551	193	66	i	i	PRON
amfbr-551	193	67	(	(	PUNCT
amfbr-551	193	68	1)7	1)7	NUM
amfbr-551	193	69	.	.	PUNCT
amfbr-551	193	70	table	table	NOUN
amfbr-551	193	71	1	1	NUM
amfbr-551	193	72	.	.	PUNCT
amfbr-551	193	73	generalized	generalize	VERB
amfbr-551	193	74	dickey	dickey	PROPN
amfbr-551	193	75	-	-	PUNCT
amfbr-551	193	76	fuller	full	ADJ
amfbr-551	193	77	unit	unit	NOUN
amfbr-551	193	78	root	root	NOUN
amfbr-551	193	79	test	test	NOUN
amfbr-551	193	80	on	on	ADP
amfbr-551	193	81	the	the	DET
amfbr-551	193	82	level	level	NOUN
amfbr-551	193	83	of	of	ADP
amfbr-551	193	84	the	the	DET
amfbr-551	193	85	model	model	NOUN
amfbr-551	193	86	variables	variable	NOUN
amfbr-551	193	87	variable	variable	ADJ
amfbr-551	193	88	augmented	augment	VERB
amfbr-551	193	89	dickey	dickey	PROPN
amfbr-551	193	90	-	-	PUNCT
amfbr-551	193	91	fuller	full	ADJ
amfbr-551	193	92	test	test	NOUN
amfbr-551	193	93	statistic	statistic	NOUN
amfbr-551	193	94	prob	prob	NOUN
amfbr-551	193	95	.	.	PUNCT
amfbr-551	194	1	*	*	PUNCT
amfbr-551	194	2	t	t	NOUN
amfbr-551	194	3	-	-	PUNCT
amfbr-551	194	4	statistic	statistic	NOUN
amfbr-551	194	5	irem	irem	VERB
amfbr-551	194	6	1.579045	1.579045	NUM
amfbr-551	194	7	0.9707	0.9707	NUM
amfbr-551	194	8	-1.946764	-1.946764	NOUN
amfbr-551	194	9	iripv	iripv	PROPN
amfbr-551	194	10	-4.655605	-4.655605	NOUN
amfbr-551	195	1	0.0000	0.0000	NUM
amfbr-551	195	2	-1.947975	-1.947975	NOUN
amfbr-551	195	3	irsv	irsv	NOUN
amfbr-551	195	4	0.317437	0.317437	NUM
amfbr-551	195	5	0.7732	0.7732	NUM
amfbr-551	195	6	-1.947975	-1.947975	NOUN
amfbr-551	195	7	irgv	irgv	VERB
amfbr-551	195	8	6.668408	6.668408	NUM
amfbr-551	195	9	1.0000	1.0000	NUM
amfbr-551	195	10	-1.947520	-1.947520	NOUN
amfbr-551	195	11	irxv	irxv	VERB
amfbr-551	195	12	2.965434	2.965434	NUM
amfbr-551	195	13	0.9990	0.9990	NUM
amfbr-551	195	14	-1.947975	-1.947975	NOUN
amfbr-551	195	15	irmv	irmv	NOUN
amfbr-551	195	16	-.225549	-.225549	PUNCT
amfbr-551	195	17	0.5997	0.5997	NUM
amfbr-551	195	18	-1.947975	-1.947975	NOUN
amfbr-551	195	19	irxfyv	irxfyv	NOUN
amfbr-551	195	20	3.373523	3.373523	NUM
amfbr-551	195	21	0.9997	0.9997	NUM
amfbr-551	195	22	-1.947975	-1.947975	PROPN
amfbr-551	195	23	irmfyv	irmfyv	PROPN
amfbr-551	195	24	-4.31828	-4.31828	PROPN
amfbr-551	195	25	0.0001	0.0001	NUM
amfbr-551	195	26	-1.947975	-1.947975	NOUN
amfbr-551	195	27	irolpv	irolpv	NOUN
amfbr-551	195	28	-2.309784	-2.309784	NOUN
amfbr-551	195	29	0.0214	0.0214	NUM
amfbr-551	195	30	-1.946654	-1.946654	ADJ
amfbr-551	195	31	irirl	irirl	NOUN
amfbr-551	195	32	0.665009	0.665009	NUM
amfbr-551	195	33	0.8568	0.8568	NUM
amfbr-551	195	34	-1.946654	-1.946654	ADJ
amfbr-551	195	35	irird	irird	NOUN
amfbr-551	195	36	1.518375	1.518375	NUM
amfbr-551	195	37	0.9668	0.9668	NUM
amfbr-551	195	38	-1.946764	-1.946764	NOUN
amfbr-551	195	39	irgdpmv	irgdpmv	VERB
amfbr-551	195	40	1.390017	1.390017	NUM
amfbr-551	195	41	0.9569	0.9569	NUM
amfbr-551	195	42	-1.947975	-1.947975	NOUN
amfbr-551	195	43	irxdfcpi	irxdfcpi	PROPN
amfbr-551	195	44	-0.930043	-0.930043	PROPN
amfbr-551	195	45	0.3095	0.3095	NUM
amfbr-551	195	46	-1.946654	-1.946654	PROPN
amfbr-551	195	47	irxoild	irxoild	PROPN
amfbr-551	195	48	-0.760627	-0.760627	PROPN
amfbr-551	195	49	0.3824	0.3824	NUM
amfbr-551	195	50	-1.946654	-1.946654	PROPN
amfbr-551	195	51	fcpi	fcpi	PROPN
amfbr-551	195	52	-1.157899	-1.157899	PROPN
amfbr-551	195	53	0.2222	0.2222	NUM
amfbr-551	195	54	-1.946996	-1.946996	NOUN
amfbr-551	195	55	ireex	ireex	NOUN
amfbr-551	195	56	5.273733	5.273733	NUM
amfbr-551	195	57	1.0000	1.0000	NUM
amfbr-551	195	58	-1.946654	-1.946654	ADJ
amfbr-551	195	59	irpgdpm	irpgdpm	NOUN
amfbr-551	195	60	2.875961	2.875961	NUM
amfbr-551	195	61	0.9987	0.9987	NUM
amfbr-551	195	62	-1.947975	-1.947975	NOUN
amfbr-551	195	63	irmdcifp	irmdcifp	ADJ
amfbr-551	195	64	-1.575963	-1.575963	NOUN
amfbr-551	195	65	0.1074	0.1074	NUM
amfbr-551	195	66	-1.946764	-1.946764	NOUN
amfbr-551	195	67	ireem	ireem	VERB
amfbr-551	195	68	2.595083	2.595083	NUM
amfbr-551	195	69	0.9972	0.9972	NUM
amfbr-551	195	70	-1.947975	-1.947975	NOUN
amfbr-551	195	71	irxd	irxd	NOUN
amfbr-551	195	72	.177568	.177568	PROPN
amfbr-551	195	73	0.7341	0.7341	NUM
amfbr-551	195	74	-1.946654	-1.946654	ADJ
amfbr-551	195	75	ireexfy	ireexfy	NOUN
amfbr-551	195	76	1.270808	1.270808	NUM
amfbr-551	195	77	0.9467	0.9467	NUM
amfbr-551	195	78	-1.946654	-1.946654	ADJ
amfbr-551	195	79	5	5	NUM
amfbr-551	195	80	number	number	NOUN
amfbr-551	195	81	of	of	ADP
amfbr-551	195	82	independent	independent	ADJ
amfbr-551	195	83	variables	variable	NOUN
amfbr-551	195	84	in	in	ADP
amfbr-551	195	85	the	the	DET
amfbr-551	195	86	model	model	NOUN
amfbr-551	195	87	(	(	PUNCT
amfbr-551	195	88	26	26	NUM
amfbr-551	195	89	)	)	PUNCT
amfbr-551	196	1	+	+	CCONJ
amfbr-551	196	2	number	number	NOUN
amfbr-551	196	3	of	of	ADP
amfbr-551	196	4	lagged	lag	VERB
amfbr-551	196	5	endogenous	endogenous	ADJ
amfbr-551	196	6	variables	variable	NOUN
amfbr-551	196	7	(	(	PUNCT
amfbr-551	196	8	7	7	NUM
amfbr-551	196	9	)	)	PUNCT
amfbr-551	196	10	=	=	NOUN
amfbr-551	196	11	number	number	NOUN
amfbr-551	196	12	of	of	ADP
amfbr-551	196	13	explanatory	explanatory	ADJ
amfbr-551	196	14	and	and	CCONJ
amfbr-551	196	15	predetermined	predetermined	ADJ
amfbr-551	196	16	variables	variable	NOUN
amfbr-551	196	17	(	(	PUNCT
amfbr-551	196	18	k	k	NOUN
amfbr-551	196	19	=	=	SYM
amfbr-551	196	20	33	33	NUM
amfbr-551	196	21	)	)	PUNCT
amfbr-551	196	22	.	.	PUNCT
amfbr-551	197	1	the	the	DET
amfbr-551	197	2	26	26	NUM
amfbr-551	197	3	independent	independent	ADJ
amfbr-551	197	4	variables	variable	NOUN
amfbr-551	197	5	included	include	VERB
amfbr-551	197	6	:	:	PUNCT
amfbr-551	197	7	5	5	NUM
amfbr-551	197	8	dummy	dummy	ADJ
amfbr-551	197	9	variables	variable	NOUN
amfbr-551	197	10	+	+	CCONJ
amfbr-551	197	11	5	5	NUM
amfbr-551	197	12	weighted	weighted	ADJ
amfbr-551	197	13	variables	variable	NOUN
amfbr-551	197	14	(	(	PUNCT
amfbr-551	197	15	residuals	residual	NOUN
amfbr-551	197	16	of	of	ADP
amfbr-551	197	17	the	the	DET
amfbr-551	197	18	model	model	NOUN
amfbr-551	197	19	equations	equation	NOUN
amfbr-551	197	20	)	)	PUNCT
amfbr-551	197	21	to	to	PART
amfbr-551	197	22	eliminate	eliminate	VERB
amfbr-551	197	23	heteroskedasticity	heteroskedasticity	NOUN
amfbr-551	197	24	+	+	CCONJ
amfbr-551	197	25	16	16	NUM
amfbr-551	197	26	policy	policy	NOUN
amfbr-551	197	27	variables	variable	NOUN
amfbr-551	197	28	.	.	PUNCT
amfbr-551	198	1	6	6	NUM
amfbr-551	198	2	the	the	DET
amfbr-551	198	3	stability	stability	NOUN
amfbr-551	198	4	of	of	ADP
amfbr-551	198	5	the	the	DET
amfbr-551	198	6	endogenous	endogenous	ADJ
amfbr-551	198	7	variables	variable	NOUN
amfbr-551	198	8	of	of	ADP
amfbr-551	198	9	the	the	DET
amfbr-551	198	10	structural	structural	ADJ
amfbr-551	198	11	equations	equation	NOUN
amfbr-551	198	12	of	of	ADP
amfbr-551	198	13	this	this	DET
amfbr-551	198	14	model	model	NOUN
amfbr-551	198	15	,	,	PUNCT
amfbr-551	198	16	without	without	ADP
amfbr-551	198	17	considering	consider	VERB
amfbr-551	198	18	the	the	DET
amfbr-551	198	19	lagged	lag	VERB
amfbr-551	198	20	endogenous	endogenous	ADJ
amfbr-551	198	21	variable	variable	NOUN
amfbr-551	198	22	on	on	ADP
amfbr-551	198	23	the	the	DET
amfbr-551	198	24	right	right	NOUN
amfbr-551	198	25	of	of	ADP
amfbr-551	198	26	the	the	DET
amfbr-551	198	27	equations	equation	NOUN
amfbr-551	198	28	,	,	PUNCT
amfbr-551	198	29	can	can	AUX
amfbr-551	198	30	be	be	AUX
amfbr-551	198	31	examined	examine	VERB
amfbr-551	198	32	by	by	ADP
amfbr-551	198	33	engle	engle	PROPN
amfbr-551	198	34	-	-	PUNCT
amfbr-551	198	35	granger	granger	PROPN
amfbr-551	198	36	method	method	PROPN
amfbr-551	198	37	.	.	PUNCT
amfbr-551	199	1	the	the	DET
amfbr-551	199	2	stability	stability	NOUN
amfbr-551	199	3	results	result	NOUN
amfbr-551	199	4	are	be	AUX
amfbr-551	199	5	discussed	discuss	VERB
amfbr-551	199	6	in	in	ADP
amfbr-551	199	7	table	table	NOUN
amfbr-551	199	8	(	(	PUNCT
amfbr-551	199	9	3	3	NUM
amfbr-551	199	10	)	)	PUNCT
amfbr-551	199	11	.	.	PUNCT
amfbr-551	200	1	7	7	NUM
amfbr-551	200	2	economic	economic	ADJ
amfbr-551	200	3	theories	theory	NOUN
amfbr-551	200	4	refer	refer	VERB
amfbr-551	200	5	to	to	ADP
amfbr-551	200	6	possible	possible	ADJ
amfbr-551	200	7	equilibrium	equilibrium	NOUN
amfbr-551	200	8	relationships	relationship	NOUN
amfbr-551	200	9	between	between	ADP
amfbr-551	200	10	variables	variable	NOUN
amfbr-551	200	11	,	,	PUNCT
amfbr-551	200	12	but	but	CCONJ
amfbr-551	200	13	do	do	AUX
amfbr-551	200	14	not	not	PART
amfbr-551	200	15	explain	explain	VERB
amfbr-551	200	16	the	the	DET
amfbr-551	200	17	relevant	relevant	ADJ
amfbr-551	200	18	adjustment	adjustment	NOUN
amfbr-551	200	19	processes	process	NOUN
amfbr-551	200	20	at	at	ADP
amfbr-551	200	21	work	work	NOUN
amfbr-551	200	22	.	.	PUNCT
amfbr-551	201	1	if	if	SCONJ
amfbr-551	201	2	there	there	PRON
amfbr-551	201	3	is	be	VERB
amfbr-551	201	4	an	an	DET
amfbr-551	201	5	equilibrium	equilibrium	NOUN
amfbr-551	201	6	relationship	relationship	NOUN
amfbr-551	201	7	,	,	PUNCT
amfbr-551	201	8	then	then	ADV
amfbr-551	201	9	the	the	DET
amfbr-551	201	10	variables	variable	NOUN
amfbr-551	201	11	specified	specify	VERB
amfbr-551	201	12	in	in	ADP
amfbr-551	201	13	the	the	DET
amfbr-551	201	14	relationship	relationship	NOUN
amfbr-551	201	15	should	should	AUX
amfbr-551	201	16	be	be	AUX
amfbr-551	201	17	cointegrated	cointegrate	VERB
amfbr-551	201	18	.	.	PUNCT
amfbr-551	202	1	testing	test	VERB
amfbr-551	202	2	for	for	ADP
amfbr-551	202	3	cointegration	cointegration	NOUN
amfbr-551	202	4	is	be	AUX
amfbr-551	202	5	,	,	PUNCT
amfbr-551	202	6	in	in	ADP
amfbr-551	202	7	fact	fact	NOUN
amfbr-551	202	8	,	,	PUNCT
amfbr-551	202	9	the	the	DET
amfbr-551	202	10	test	test	NOUN
amfbr-551	202	11	of	of	ADP
amfbr-551	202	12	equilibrium	equilibrium	NOUN
amfbr-551	202	13	relation	relation	NOUN
amfbr-551	202	14	,	,	PUNCT
amfbr-551	202	15	and	and	CCONJ
amfbr-551	202	16	hence	hence	ADV
amfbr-551	202	17	of	of	ADP
amfbr-551	202	18	whether	whether	SCONJ
amfbr-551	202	19	the	the	DET
amfbr-551	202	20	model	model	NOUN
amfbr-551	202	21	is	be	AUX
amfbr-551	202	22	well	well	ADV
amfbr-551	202	23	defined	define	VERB
amfbr-551	202	24	.	.	PUNCT
amfbr-551	203	1	when	when	SCONJ
amfbr-551	203	2	the	the	DET
amfbr-551	203	3	variables	variable	NOUN
amfbr-551	203	4	are	be	AUX
amfbr-551	203	5	cointegrated	cointegrate	VERB
amfbr-551	203	6	,	,	PUNCT
amfbr-551	203	7	the	the	DET
amfbr-551	203	8	estimates	estimate	NOUN
amfbr-551	203	9	of	of	ADP
amfbr-551	203	10	the	the	DET
amfbr-551	203	11	long	long	ADV
amfbr-551	203	12	-	-	PUNCT
amfbr-551	203	13	run	run	VERB
amfbr-551	203	14	equilibrium	equilibrium	NOUN
amfbr-551	203	15	parameters	parameter	NOUN
amfbr-551	203	16	are	be	AUX
amfbr-551	203	17	consistent	consistent	ADJ
amfbr-551	203	18	and	and	CCONJ
amfbr-551	203	19	highly	highly	ADV
amfbr-551	203	20	efficient	efficient	ADJ
amfbr-551	203	21	.	.	PUNCT
amfbr-551	204	1	indeed	indeed	ADV
amfbr-551	204	2	these	these	DET
amfbr-551	204	3	estimates	estimate	NOUN
amfbr-551	204	4	are	be	AUX
amfbr-551	204	5	"	"	PUNCT
amfbr-551	204	6	super	super	ADV
amfbr-551	204	7	consistent	consistent	ADJ
amfbr-551	204	8	"	"	PUNCT
amfbr-551	204	9	,	,	PUNCT
amfbr-551	204	10	converging	converge	VERB
amfbr-551	204	11	even	even	ADV
amfbr-551	204	12	more	more	ADV
amfbr-551	204	13	quickly	quickly	ADV
amfbr-551	204	14	in	in	ADP
amfbr-551	204	15	probability	probability	NOUN
amfbr-551	204	16	to	to	ADP
amfbr-551	204	17	the	the	DET
amfbr-551	204	18	true	true	ADJ
amfbr-551	204	19	parameter	parameter	NOUN
amfbr-551	204	20	values	value	NOUN
amfbr-551	204	21	than	than	ADP
amfbr-551	204	22	the	the	DET
amfbr-551	204	23	least	least	ADJ
amfbr-551	204	24	-	-	PUNCT
amfbr-551	204	25	squares	square	NOUN
amfbr-551	204	26	estimator	estimator	NOUN
amfbr-551	204	27	in	in	ADP
amfbr-551	204	28	the	the	DET
amfbr-551	204	29	standard	standard	ADJ
amfbr-551	204	30	case	case	NOUN
amfbr-551	204	31	.	.	PUNCT
amfbr-551	205	1	this	this	DET
amfbr-551	205	2	consistency	consistency	NOUN
amfbr-551	205	3	property	property	NOUN
amfbr-551	205	4	does	do	AUX
amfbr-551	205	5	not	not	PART
amfbr-551	205	6	require	require	VERB
amfbr-551	205	7	the	the	DET
amfbr-551	205	8	absence	absence	NOUN
amfbr-551	205	9	of	of	ADP
amfbr-551	205	10	correlation	correlation	NOUN
amfbr-551	205	11	between	between	ADP
amfbr-551	205	12	the	the	DET
amfbr-551	205	13	right	right	ADJ
amfbr-551	205	14	-	-	PUNCT
amfbr-551	205	15	hand	hand	NOUN
amfbr-551	205	16	-	-	PUNCT
amfbr-551	205	17	side	side	NOUN
amfbr-551	205	18	variables	variable	NOUN
amfbr-551	205	19	and	and	CCONJ
amfbr-551	205	20	the	the	DET
amfbr-551	205	21	error	error	NOUN
amfbr-551	205	22	term	term	NOUN
amfbr-551	205	23	,	,	PUNCT
amfbr-551	205	24	unlike	unlike	ADP
amfbr-551	205	25	consistency	consistency	NOUN
amfbr-551	205	26	results	result	NOUN
amfbr-551	205	27	in	in	ADP
amfbr-551	205	28	the	the	DET
amfbr-551	205	29	usual	usual	ADJ
amfbr-551	205	30	classical	classical	ADJ
amfbr-551	205	31	regression	regression	NOUN
amfbr-551	205	32	-	-	PUNCT
amfbr-551	205	33	model	model	NOUN
amfbr-551	205	34	context	context	NOUN
amfbr-551	205	35	(	(	PUNCT
amfbr-551	205	36	perman	perman	NOUN
amfbr-551	205	37	,	,	PUNCT
amfbr-551	205	38	1991	1991	NUM
amfbr-551	205	39	)	)	PUNCT
amfbr-551	205	40	.	.	PUNCT
amfbr-551	206	1	copyright	copyright	NOUN
amfbr-551	206	2	©	©	PROPN
amfbr-551	206	3	cc	cc	PROPN
amfbr-551	206	4	-	-	PUNCT
amfbr-551	206	5	by	by	ADP
amfbr-551	206	6	-	-	PUNCT
amfbr-551	206	7	nc	nc	PROPN
amfbr-551	206	8	2020	2020	NUM
amfbr-551	206	9	,	,	PUNCT
amfbr-551	206	10	cribfb	cribfb	PROPN
amfbr-551	206	11	|	|	ADV
amfbr-551	206	12	amfbr	amfbr	ADJ
amfbr-551	206	13	www.cribfb.com/journal/index.php/amfbr	www.cribfb.com/journal/index.php/amfbr	PROPN
amfbr-551	206	14	american	american	PROPN
amfbr-551	206	15	finance	finance	PROPN
amfbr-551	206	16	&	&	CCONJ
amfbr-551	206	17	banking	banking	PROPN
amfbr-551	206	18	review	review	PROPN
amfbr-551	206	19	vol	vol	NOUN
amfbr-551	206	20	.	.	PROPN
amfbr-551	207	1	5	5	NUM
amfbr-551	207	2	,	,	PUNCT
amfbr-551	207	3	no	no	INTJ
amfbr-551	207	4	.	.	NOUN
amfbr-551	207	5	1	1	NUM
amfbr-551	207	6	;	;	PUNCT
amfbr-551	207	7	2020	2020	NUM
amfbr-551	207	8	37	37	NUM
amfbr-551	207	9	ireemfy	ireemfy	NOUN
amfbr-551	207	10	7.721210	7.721210	NUM
amfbr-551	207	11	0.9999	0.9999	NUM
amfbr-551	207	12	-1.947248	-1.947248	NOUN
amfbr-551	207	13	fir	fir	NOUN
amfbr-551	207	14	-0.574141	-0.574141	PROPN
amfbr-551	207	15	0.4643	0.4643	NUM
amfbr-551	207	16	-1.946654	-1.946654	ADJ
amfbr-551	207	17	source	source	NOUN
amfbr-551	207	18	:	:	PUNCT
amfbr-551	207	19	obtained	obtain	VERB
amfbr-551	207	20	from	from	ADP
amfbr-551	207	21	results	result	NOUN
amfbr-551	207	22	of	of	ADP
amfbr-551	207	23	the	the	DET
amfbr-551	207	24	research	research	NOUN
amfbr-551	207	25	some	some	DET
amfbr-551	207	26	economic	economic	ADJ
amfbr-551	207	27	events	event	NOUN
amfbr-551	207	28	and	and	CCONJ
amfbr-551	207	29	structural	structural	ADJ
amfbr-551	207	30	failures	failure	NOUN
amfbr-551	207	31	in	in	ADP
amfbr-551	207	32	some	some	DET
amfbr-551	207	33	variables	variable	NOUN
amfbr-551	207	34	were	be	AUX
amfbr-551	207	35	corrected	correct	VERB
amfbr-551	207	36	through	through	ADP
amfbr-551	207	37	dummy	dummy	ADJ
amfbr-551	207	38	variables	variable	NOUN
amfbr-551	207	39	.	.	PUNCT
amfbr-551	208	1	the	the	DET
amfbr-551	208	2	statistics	statistic	NOUN
amfbr-551	208	3	of	of	ADP
amfbr-551	208	4	f	f	PROPN
amfbr-551	208	5	and	and	CCONJ
amfbr-551	208	6	its	its	PRON
amfbr-551	208	7	probability	probability	NOUN
amfbr-551	208	8	are	be	AUX
amfbr-551	208	9	highly	highly	ADV
amfbr-551	208	10	acceptable	acceptable	ADJ
amfbr-551	208	11	such	such	ADJ
amfbr-551	208	12	that	that	SCONJ
amfbr-551	208	13	the	the	DET
amfbr-551	208	14	standard	standard	ADJ
amfbr-551	208	15	deviation	deviation	NOUN
amfbr-551	208	16	error	error	NOUN
amfbr-551	208	17	statistics	statistic	NOUN
amfbr-551	208	18	,	,	PUNCT
amfbr-551	208	19	t	t	PROPN
amfbr-551	208	20	,	,	PUNCT
amfbr-551	208	21	and	and	CCONJ
amfbr-551	208	22	significant	significant	ADJ
amfbr-551	208	23	probability	probability	NOUN
amfbr-551	208	24	close	close	ADJ
amfbr-551	208	25	to	to	ADP
amfbr-551	208	26	zero	zero	NUM
amfbr-551	208	27	confirm	confirm	VERB
amfbr-551	208	28	the	the	DET
amfbr-551	208	29	parameters	parameter	NOUN
amfbr-551	208	30	(	(	PUNCT
amfbr-551	208	31	see	see	VERB
amfbr-551	208	32	table	table	NOUN
amfbr-551	208	33	2	2	NUM
amfbr-551	208	34	)	)	PUNCT
amfbr-551	208	35	.	.	PUNCT
amfbr-551	209	1	4.2	4.2	NUM
amfbr-551	209	2	estimation	estimation	NOUN
amfbr-551	209	3	of	of	ADP
amfbr-551	209	4	the	the	DET
amfbr-551	209	5	system	system	NOUN
amfbr-551	209	6	of	of	ADP
amfbr-551	209	7	equations	equation	NOUN
amfbr-551	209	8	by	by	ADP
amfbr-551	209	9	ols	ol	NOUN
amfbr-551	209	10	,	,	PUNCT
amfbr-551	209	11	2sls	2sls	NUM
amfbr-551	209	12	and	and	CCONJ
amfbr-551	209	13	3sls	3sls	NUM
amfbr-551	209	14	methods	method	NOUN
amfbr-551	209	15	since	since	SCONJ
amfbr-551	209	16	the	the	DET
amfbr-551	209	17	explanatory	explanatory	ADJ
amfbr-551	209	18	variables	variable	NOUN
amfbr-551	209	19	in	in	ADP
amfbr-551	209	20	the	the	DET
amfbr-551	209	21	simultaneous	simultaneous	ADJ
amfbr-551	209	22	equations	equation	NOUN
amfbr-551	209	23	are	be	AUX
amfbr-551	209	24	correlated	correlate	VERB
amfbr-551	209	25	with	with	ADP
amfbr-551	209	26	the	the	DET
amfbr-551	209	27	error	error	NOUN
amfbr-551	209	28	term	term	NOUN
amfbr-551	209	29	,	,	PUNCT
amfbr-551	209	30	so	so	ADV
amfbr-551	209	31	the	the	DET
amfbr-551	209	32	ols	ols	PROPN
amfbr-551	209	33	parameter	parameter	PROPN
amfbr-551	209	34	estimation	estimation	NOUN
amfbr-551	209	35	is	be	AUX
amfbr-551	209	36	not	not	PART
amfbr-551	209	37	consistent	consistent	ADJ
amfbr-551	209	38	with	with	ADP
amfbr-551	209	39	classical	classical	ADJ
amfbr-551	209	40	econometric	econometric	ADJ
amfbr-551	209	41	issues8	issues8	NOUN
amfbr-551	209	42	,	,	PUNCT
amfbr-551	209	43	so	so	SCONJ
amfbr-551	209	44	it	it	PRON
amfbr-551	209	45	is	be	AUX
amfbr-551	209	46	necessary	necessary	ADJ
amfbr-551	209	47	to	to	PART
amfbr-551	209	48	use	use	VERB
amfbr-551	209	49	the	the	DET
amfbr-551	209	50	2sls	2sls	NOUN
amfbr-551	209	51	or	or	CCONJ
amfbr-551	209	52	3sls	3sls	NUM
amfbr-551	209	53	(	(	PUNCT
amfbr-551	209	54	iv	iv	NOUN
amfbr-551	209	55	)	)	PUNCT
amfbr-551	209	56	variables	variable	NOUN
amfbr-551	209	57	to	to	PART
amfbr-551	209	58	estimate	estimate	VERB
amfbr-551	209	59	the	the	DET
amfbr-551	209	60	regression	regression	NOUN
amfbr-551	209	61	equations	equation	NOUN
amfbr-551	209	62	parameters	parameter	NOUN
amfbr-551	209	63	.	.	PUNCT
amfbr-551	210	1	three	three	NUM
amfbr-551	210	2	-	-	PUNCT
amfbr-551	210	3	stage	stage	NOUN
amfbr-551	210	4	least	least	ADJ
amfbr-551	210	5	squares	square	NOUN
amfbr-551	210	6	method	method	NOUN
amfbr-551	210	7	(	(	PUNCT
amfbr-551	210	8	3sls	3sls	NOUN
amfbr-551	210	9	)	)	PUNCT
amfbr-551	210	10	is	be	AUX
amfbr-551	210	11	a	a	DET
amfbr-551	210	12	version	version	NOUN
amfbr-551	210	13	of	of	ADP
amfbr-551	210	14	two	two	NUM
amfbr-551	210	15	-	-	PUNCT
amfbr-551	210	16	stage	stage	NOUN
amfbr-551	210	17	least	least	ADJ
amfbr-551	210	18	squares	square	NOUN
amfbr-551	210	19	(	(	PUNCT
amfbr-551	210	20	2sls	2sls	NOUN
amfbr-551	210	21	)	)	PUNCT
amfbr-551	210	22	in	in	ADP
amfbr-551	210	23	the	the	DET
amfbr-551	210	24	seemingly	seemingly	ADV
amfbr-551	210	25	unrelated	unrelated	ADJ
amfbr-551	210	26	regression	regression	NOUN
amfbr-551	210	27	equations	equation	NOUN
amfbr-551	210	28	(	(	PUNCT
amfbr-551	210	29	sur	sur	PROPN
amfbr-551	210	30	)	)	PUNCT
amfbr-551	210	31	.	.	PUNCT
amfbr-551	211	1	on	on	ADP
amfbr-551	211	2	the	the	DET
amfbr-551	211	3	other	other	ADJ
amfbr-551	211	4	hand	hand	NOUN
amfbr-551	211	5	,	,	PUNCT
amfbr-551	211	6	if	if	SCONJ
amfbr-551	211	7	the	the	DET
amfbr-551	211	8	structural	structural	ADJ
amfbr-551	211	9	equation	equation	NOUN
amfbr-551	211	10	error	error	NOUN
amfbr-551	211	11	term	term	NOUN
amfbr-551	211	12	has	have	VERB
amfbr-551	211	13	heteroskedasticity	heteroskedasticity	NOUN
amfbr-551	211	14	and	and	CCONJ
amfbr-551	211	15	the	the	DET
amfbr-551	211	16	correlation	correlation	NOUN
amfbr-551	211	17	between	between	ADP
amfbr-551	211	18	error	error	NOUN
amfbr-551	211	19	terms	term	NOUN
amfbr-551	211	20	with	with	ADP
amfbr-551	211	21	each	each	DET
amfbr-551	211	22	other	other	ADJ
amfbr-551	211	23	structural	structural	ADJ
amfbr-551	211	24	equation	equation	NOUN
amfbr-551	211	25	is	be	AUX
amfbr-551	211	26	recognized	recognize	VERB
amfbr-551	211	27	,	,	PUNCT
amfbr-551	211	28	then	then	ADV
amfbr-551	211	29	3sls	3sls	NUM
amfbr-551	211	30	is	be	AUX
amfbr-551	211	31	more	more	ADV
amfbr-551	211	32	efficient	efficient	ADJ
amfbr-551	211	33	(	(	PUNCT
amfbr-551	211	34	less	less	ADJ
amfbr-551	211	35	variance	variance	NOUN
amfbr-551	211	36	)	)	PUNCT
amfbr-551	211	37	than	than	ADP
amfbr-551	211	38	2sls9	2sls9	NUM
amfbr-551	211	39	.	.	PUNCT
amfbr-551	212	1	if	if	SCONJ
amfbr-551	212	2	there	there	PRON
amfbr-551	212	3	is	be	VERB
amfbr-551	212	4	no	no	DET
amfbr-551	212	5	correlation	correlation	NOUN
amfbr-551	212	6	between	between	ADP
amfbr-551	212	7	the	the	DET
amfbr-551	212	8	error	error	NOUN
amfbr-551	212	9	terms	term	NOUN
amfbr-551	212	10	of	of	ADP
amfbr-551	212	11	the	the	DET
amfbr-551	212	12	simultaneous	simultaneous	ADJ
amfbr-551	212	13	equations	equation	NOUN
amfbr-551	212	14	,	,	PUNCT
amfbr-551	212	15	then	then	ADV
amfbr-551	212	16	the	the	DET
amfbr-551	212	17	results	result	NOUN
amfbr-551	212	18	of	of	ADP
amfbr-551	212	19	the	the	DET
amfbr-551	212	20	estimators	estimator	NOUN
amfbr-551	212	21	in	in	ADP
amfbr-551	212	22	the	the	DET
amfbr-551	212	23	2sls	2sls	PROPN
amfbr-551	212	24	and	and	CCONJ
amfbr-551	212	25	3sls	3sls	NUM
amfbr-551	212	26	methods	method	NOUN
amfbr-551	212	27	are	be	AUX
amfbr-551	212	28	the	the	DET
amfbr-551	212	29	same	same	ADJ
amfbr-551	212	30	.	.	PUNCT
amfbr-551	213	1	another	another	DET
amfbr-551	213	2	point	point	NOUN
amfbr-551	213	3	is	be	AUX
amfbr-551	213	4	that	that	SCONJ
amfbr-551	213	5	since	since	SCONJ
amfbr-551	213	6	2sls	2sls	NOUN
amfbr-551	213	7	is	be	AUX
amfbr-551	213	8	a	a	DET
amfbr-551	213	9	single	single	ADJ
amfbr-551	213	10	-	-	PUNCT
amfbr-551	213	11	equation	equation	NOUN
amfbr-551	213	12	estimation	estimation	NOUN
amfbr-551	213	13	method	method	NOUN
amfbr-551	213	14	it	it	PRON
amfbr-551	213	15	is	be	AUX
amfbr-551	213	16	not	not	PART
amfbr-551	213	17	possible	possible	ADJ
amfbr-551	213	18	to	to	PART
amfbr-551	213	19	examine	examine	VERB
amfbr-551	213	20	the	the	DET
amfbr-551	213	21	covariance	covariance	NOUN
amfbr-551	213	22	between	between	ADP
amfbr-551	213	23	the	the	DET
amfbr-551	213	24	residuals	residual	NOUN
amfbr-551	213	25	of	of	ADP
amfbr-551	213	26	the	the	DET
amfbr-551	213	27	equations	equation	NOUN
amfbr-551	213	28	.	.	PUNCT
amfbr-551	214	1	table	table	NOUN
amfbr-551	214	2	2	2	NUM
amfbr-551	214	3	.	.	PUNCT
amfbr-551	214	4	results	result	NOUN
amfbr-551	214	5	of	of	ADP
amfbr-551	214	6	estimates	estimate	NOUN
amfbr-551	214	7	and	and	CCONJ
amfbr-551	214	8	statistics	statistic	NOUN
amfbr-551	214	9	by	by	ADP
amfbr-551	214	10	ols	ols	PROPN
amfbr-551	214	11	,	,	PUNCT
amfbr-551	214	12	2sls	2sls	NUM
amfbr-551	214	13	and	and	CCONJ
amfbr-551	214	14	3sls	3sls	NUM
amfbr-551	214	15	methods	method	NOUN
amfbr-551	214	16	variable	variable	ADJ
amfbr-551	214	17	type	type	NOUN
amfbr-551	214	18	of	of	ADP
amfbr-551	214	19	estimates	estimate	NOUN
amfbr-551	214	20	coefficient	coefficient	VERB
amfbr-551	214	21	std	std	NOUN
amfbr-551	214	22	.	.	NOUN
amfbr-551	214	23	error	error	NOUN
amfbr-551	214	24	t	t	NOUN
amfbr-551	214	25	-	-	PUNCT
amfbr-551	214	26	statistic	statistic	NOUN
amfbr-551	214	27	prob	prob	NOUN
amfbr-551	214	28	.	.	PUNCT
amfbr-551	215	1	intercept	intercept	PROPN
amfbr-551	215	2	ols	ol	NOUN
amfbr-551	215	3	261.45	261.45	NUM
amfbr-551	215	4	28.39	28.39	NUM
amfbr-551	215	5	9.21	9.21	NUM
amfbr-551	215	6	0.0000	0.0000	NUM
amfbr-551	215	7	2sls	2sls	NUM
amfbr-551	216	1	306.40	306.40	NUM
amfbr-551	216	2	66.93	66.93	NUM
amfbr-551	216	3	4.59	4.59	NUM
amfbr-551	216	4	0.0000	0.0000	NUM
amfbr-551	217	1	3sls	3sls	NUM
amfbr-551	217	2	264.95	264.95	NUM
amfbr-551	217	3	78.77	78.77	NUM
amfbr-551	217	4	3.36	3.36	NUM
amfbr-551	217	5	0.0008	0.0008	NUM
amfbr-551	217	6	8	8	NUM
amfbr-551	217	7	the	the	DET
amfbr-551	217	8	estimators	estimator	NOUN
amfbr-551	217	9	are	be	AUX
amfbr-551	217	10	consistent	consistent	ADJ
amfbr-551	217	11	when	when	SCONJ
amfbr-551	217	12	the	the	DET
amfbr-551	217	13	assumption	assumption	NOUN
amfbr-551	217	14	that	that	SCONJ
amfbr-551	217	15	xt	xt	PROPN
amfbr-551	217	16	is	be	AUX
amfbr-551	217	17	non	non	ADJ
amfbr-551	217	18	-	-	ADJ
amfbr-551	217	19	random	random	ADJ
amfbr-551	217	20	,	,	PUNCT
amfbr-551	217	21	or	or	CCONJ
amfbr-551	217	22	no	no	DET
amfbr-551	217	23	correlation	correlation	NOUN
amfbr-551	217	24	between	between	ADP
amfbr-551	217	25	the	the	DET
amfbr-551	217	26	explanatory	explanatory	ADJ
amfbr-551	217	27	variables	variable	NOUN
amfbr-551	217	28	and	and	CCONJ
amfbr-551	217	29	the	the	DET
amfbr-551	217	30	disturbance	disturbance	NOUN
amfbr-551	217	31	component	component	NOUN
amfbr-551	217	32	is	be	AUX
amfbr-551	217	33	proved	prove	VERB
amfbr-551	217	34	.	.	PUNCT
amfbr-551	218	1	that	that	PRON
amfbr-551	218	2	is	be	AUX
amfbr-551	218	3	,	,	PUNCT
amfbr-551	218	4	despite	despite	SCONJ
amfbr-551	218	5	the	the	DET
amfbr-551	218	6	autocorrelation	autocorrelation	NOUN
amfbr-551	218	7	with	with	ADP
amfbr-551	218	8	increasing	increase	VERB
amfbr-551	218	9	sample	sample	NOUN
amfbr-551	218	10	size	size	NOUN
amfbr-551	218	11	,	,	PUNCT
amfbr-551	218	12	the	the	DET
amfbr-551	218	13	variance	variance	NOUN
amfbr-551	218	14	of	of	ADP
amfbr-551	218	15	the	the	DET
amfbr-551	218	16	estimating	estimate	VERB
amfbr-551	218	17	parameters	parameter	NOUN
amfbr-551	218	18	tends	tend	VERB
amfbr-551	218	19	to	to	ADP
amfbr-551	218	20	zero	zero	NUM
amfbr-551	218	21	,	,	PUNCT
amfbr-551	218	22	ie	ie	ADJ
amfbr-551	218	23	:	:	PUNCT
amfbr-551	218	24	𝑝𝑙𝑖𝑚(	𝑝𝑙𝑖𝑚(	PROPN
amfbr-551	218	25	�	�	PROPN
amfbr-551	218	26	̂	̂	NOUN
amfbr-551	218	27	�	�	NOUN
amfbr-551	218	28	)	)	PUNCT
amfbr-551	218	29	=	=	SYM
amfbr-551	218	30	𝛽	𝛽	NOUN
amfbr-551	218	31	9	9	NUM
amfbr-551	218	32	2sls	2sls	NOUN
amfbr-551	218	33	is	be	AUX
amfbr-551	218	34	a	a	DET
amfbr-551	218	35	single	single	ADJ
amfbr-551	218	36	equation	equation	NOUN
amfbr-551	218	37	estimator	estimator	NOUN
amfbr-551	218	38	that	that	PRON
amfbr-551	218	39	does	do	AUX
amfbr-551	218	40	not	not	PART
amfbr-551	218	41	take	take	VERB
amfbr-551	218	42	into	into	ADP
amfbr-551	218	43	account	account	NOUN
amfbr-551	218	44	the	the	DET
amfbr-551	218	45	covariances	covariance	NOUN
amfbr-551	218	46	between	between	ADP
amfbr-551	218	47	the	the	DET
amfbr-551	218	48	residuals	residual	NOUN
amfbr-551	218	49	of	of	ADP
amfbr-551	218	50	simultaneous	simultaneous	ADJ
amfbr-551	218	51	equations	equation	NOUN
amfbr-551	218	52	,	,	PUNCT
amfbr-551	218	53	so	so	SCONJ
amfbr-551	218	54	this	this	DET
amfbr-551	218	55	method	method	NOUN
amfbr-551	218	56	is	be	AUX
amfbr-551	218	57	generally	generally	ADV
amfbr-551	218	58	not	not	PART
amfbr-551	218	59	efficient	efficient	ADJ
amfbr-551	218	60	.	.	PUNCT
amfbr-551	219	1	in	in	ADP
amfbr-551	219	2	contrast	contrast	NOUN
amfbr-551	219	3	,	,	PUNCT
amfbr-551	219	4	3sls	3sls	PROPN
amfbr-551	219	5	is	be	AUX
amfbr-551	219	6	a	a	DET
amfbr-551	219	7	systematic	systematic	ADJ
amfbr-551	219	8	method	method	NOUN
amfbr-551	219	9	for	for	ADP
amfbr-551	219	10	simultaneous	simultaneous	ADJ
amfbr-551	219	11	estimation	estimation	NOUN
amfbr-551	219	12	of	of	ADP
amfbr-551	219	13	all	all	DET
amfbr-551	219	14	coefficients	coefficient	NOUN
amfbr-551	219	15	of	of	ADP
amfbr-551	219	16	the	the	DET
amfbr-551	219	17	model	model	NOUN
amfbr-551	219	18	,	,	PUNCT
amfbr-551	219	19	after	after	ADP
amfbr-551	219	20	simultaneous	simultaneous	ADJ
amfbr-551	219	21	estimation	estimation	NOUN
amfbr-551	219	22	of	of	ADP
amfbr-551	219	23	all	all	DET
amfbr-551	219	24	coefficients	coefficient	NOUN
amfbr-551	219	25	,	,	PUNCT
amfbr-551	219	26	the	the	DET
amfbr-551	219	27	weights	weight	NOUN
amfbr-551	219	28	are	be	AUX
amfbr-551	219	29	formed	form	VERB
amfbr-551	219	30	,	,	PUNCT
amfbr-551	219	31	and	and	CCONJ
amfbr-551	219	32	the	the	DET
amfbr-551	219	33	model	model	NOUN
amfbr-551	219	34	is	be	AUX
amfbr-551	219	35	again	again	ADV
amfbr-551	219	36	estimated	estimate	VERB
amfbr-551	219	37	using	use	VERB
amfbr-551	219	38	the	the	DET
amfbr-551	219	39	estimated	estimate	VERB
amfbr-551	219	40	weight	weight	NOUN
amfbr-551	219	41	matrix	matrix	NOUN
amfbr-551	219	42	.	.	PUNCT
amfbr-551	220	1	system	system	NOUN
amfbr-551	220	2	estimators	estimator	NOUN
amfbr-551	220	3	such	such	ADJ
amfbr-551	220	4	as	as	ADP
amfbr-551	220	5	3sls	3sls	NUM
amfbr-551	220	6	consider	consider	VERB
amfbr-551	220	7	zero	zero	NUM
amfbr-551	220	8	constraints	constraint	NOUN
amfbr-551	220	9	of	of	ADP
amfbr-551	220	10	each	each	DET
amfbr-551	220	11	structural	structural	ADJ
amfbr-551	220	12	equation	equation	NOUN
amfbr-551	220	13	as	as	ADP
amfbr-551	220	14	the	the	DET
amfbr-551	220	15	variance	variance	NOUN
amfbr-551	220	16	-	-	PUNCT
amfbr-551	220	17	covariance	covariance	NOUN
amfbr-551	220	18	matrix	matrix	NOUN
amfbr-551	220	19	of	of	ADP
amfbr-551	220	20	the	the	DET
amfbr-551	220	21	whole	whole	ADJ
amfbr-551	220	22	system	system	NOUN
amfbr-551	220	23	of	of	ADP
amfbr-551	220	24	equations	equation	NOUN
amfbr-551	220	25	residuals	residual	NOUN
amfbr-551	220	26	.	.	PUNCT
amfbr-551	221	1	the	the	DET
amfbr-551	221	2	first	first	ADJ
amfbr-551	221	3	two	two	NUM
amfbr-551	221	4	stages	stage	NOUN
amfbr-551	221	5	of	of	ADP
amfbr-551	221	6	3sls	3sls	NUM
amfbr-551	221	7	are	be	AUX
amfbr-551	221	8	similar	similar	ADJ
amfbr-551	221	9	to	to	ADP
amfbr-551	221	10	2sls	2sls	NOUN
amfbr-551	221	11	,	,	PUNCT
amfbr-551	221	12	and	and	CCONJ
amfbr-551	221	13	the	the	DET
amfbr-551	221	14	third	third	ADJ
amfbr-551	221	15	stage	stage	NOUN
amfbr-551	221	16	uses	use	VERB
amfbr-551	221	17	feasible	feasible	ADJ
amfbr-551	221	18	generalized	generalized	ADJ
amfbr-551	221	19	least	least	ADJ
amfbr-551	221	20	squares	square	NOUN
amfbr-551	221	21	(	(	PUNCT
amfbr-551	221	22	fgls	fgls	NUM
amfbr-551	221	23	)	)	PUNCT
amfbr-551	221	24	in	in	ADP
amfbr-551	221	25	the	the	DET
amfbr-551	221	26	same	same	ADJ
amfbr-551	221	27	way	way	NOUN
amfbr-551	221	28	as	as	ADP
amfbr-551	221	29	sur	sur	PROPN
amfbr-551	221	30	.	.	PUNCT
amfbr-551	222	1	3sls	3sls	NOUN
amfbr-551	222	2	uses	use	VERB
amfbr-551	222	3	the	the	DET
amfbr-551	222	4	2sls	2sls	NOUN
amfbr-551	222	5	residuals	residual	NOUN
amfbr-551	222	6	for	for	ADP
amfbr-551	222	7	consistent	consistent	ADJ
amfbr-551	222	8	estimation	estimation	NOUN
amfbr-551	222	9	of	of	ADP
amfbr-551	222	10	the	the	DET
amfbr-551	222	11	structural	structural	ADJ
amfbr-551	222	12	equation	equation	NOUN
amfbr-551	222	13	(	(	PUNCT
amfbr-551	222	14	σ	σ	NOUN
amfbr-551	222	15	)	)	PUNCT
amfbr-551	222	16	covariance	covariance	NOUN
amfbr-551	222	17	matrices	matrix	NOUN
amfbr-551	222	18	.	.	PUNCT
amfbr-551	223	1	in	in	ADP
amfbr-551	223	2	3sls	3sls	NUM
amfbr-551	223	3	,	,	PUNCT
amfbr-551	223	4	structural	structural	ADJ
amfbr-551	223	5	equations	equation	NOUN
amfbr-551	223	6	overlap	overlap	VERB
amfbr-551	223	7	like	like	ADP
amfbr-551	223	8	sur	sur	PROPN
amfbr-551	223	9	,	,	PUNCT
amfbr-551	223	10	in	in	ADP
amfbr-551	223	11	mathematical	mathematical	ADJ
amfbr-551	223	12	terms	term	NOUN
amfbr-551	223	13	.	.	PUNCT
amfbr-551	224	1	so	so	ADV
amfbr-551	224	2	consider	consider	VERB
amfbr-551	224	3	:	:	PUNCT
amfbr-551	224	4	y	y	PROPN
amfbr-551	224	5	=	=	PUNCT
amfbr-551	224	6	z	z	NOUN
amfbr-551	225	1	u	u	PROPN
amfbr-551	225	2			VERB
amfbr-551	225	3	1	1	NUM
amfbr-551	225	4	1	1	NUM
amfbr-551	225	5	1	1	NUM
amfbr-551	225	6	1	1	NUM
amfbr-551	225	7	2	2	NUM
amfbr-551	225	8	2	2	NUM
amfbr-551	225	9	2	2	NUM
amfbr-551	225	10	2	2	NUM
amfbr-551	225	11	0	0	NUM
amfbr-551	225	12	0	0	NUM
amfbr-551	225	13	0	0	NUM
amfbr-551	225	14	0	0	NUM
amfbr-551	225	15	0	0	NUM
amfbr-551	225	16	0	0	NUM
amfbr-551	225	17	.	.	PUNCT
amfbr-551	226	1	;	;	PUNCT
amfbr-551	226	2	;	;	PUNCT
amfbr-551	226	3	;	;	PUNCT
amfbr-551	226	4	.	.	PUNCT
amfbr-551	226	5	.	.	PUNCT
amfbr-551	226	6	.	.	PUNCT
amfbr-551	226	7	.	.	PUNCT
amfbr-551	226	8	.	.	PUNCT
amfbr-551	226	9	.	.	PUNCT
amfbr-551	227	1	.	.	PUNCT
amfbr-551	228	1	0	0	NUM
amfbr-551	228	2	0	0	NUM
amfbr-551	228	3	0	0	NUM
amfbr-551	229	1	g	g	NOUN
amfbr-551	229	2	g	g	PROPN
amfbr-551	229	3	g	g	PROPN
amfbr-551	229	4	g	g	PROPN
amfbr-551	229	5	y	y	PROPN
amfbr-551	229	6	z	z	PROPN
amfbr-551	229	7	u	u	PROPN
amfbr-551	229	8	y	y	PROPN
amfbr-551	229	9	z	z	PROPN
amfbr-551	229	10	u	u	PROPN
amfbr-551	229	11	y	y	PROPN
amfbr-551	229	12	z	z	PROPN
amfbr-551	229	13	u	u	PROPN
amfbr-551	229	14	z	z	PROPN
amfbr-551	229	15	u	u	NOUN
amfbr-551	229	16	y	y	PROPN
amfbr-551	229	17			NUM
amfbr-551	229	18			NUM
amfbr-551	229	19			PROPN
amfbr-551	229	20			NUM
amfbr-551	229	21			PROPN
amfbr-551	229	22			ADJ
amfbr-551	229	23			PROPN
amfbr-551	229	24			ADJ
amfbr-551	229	25			PROPN
amfbr-551	229	26			ADJ
amfbr-551	229	27			PROPN
amfbr-551	229	28			X
amfbr-551	229	29			ADJ
amfbr-551	229	30			NOUN
amfbr-551	229	31			NOUN
amfbr-551	229	32			NOUN
amfbr-551	229	33			NOUN
amfbr-551	229	34			NOUN
amfbr-551	229	35			NOUN
amfbr-551	229	36			PROPN
amfbr-551	229	37			NOUN
amfbr-551	229	38			NOUN
amfbr-551	229	39			NOUN
amfbr-551	229	40			NOUN
amfbr-551	229	41			NOUN
amfbr-551	229	42			PROPN
amfbr-551	229	43			PROPN
amfbr-551	230	1			NUM
amfbr-551	231	1			NUM
amfbr-551	232	1			NUM
amfbr-551	232	2			NOUN
amfbr-551	232	3			NOUN
amfbr-551	232	4			NOUN
amfbr-551	232	5			NOUN
amfbr-551	232	6			NOUN
amfbr-551	232	7			NOUN
amfbr-551	232	8			PROPN
amfbr-551	232	9			NOUN
amfbr-551	232	10			NOUN
amfbr-551	232	11			NOUN
amfbr-551	232	12			NOUN
amfbr-551	232	13			NOUN
amfbr-551	232	14			NOUN
amfbr-551	232	15			NOUN
amfbr-551	232	16			VERB
amfbr-551	232	17			PROPN
amfbr-551	232	18			NOUN
amfbr-551	232	19			PROPN
amfbr-551	232	20			AUX
amfbr-551	232	21			NOUN
amfbr-551	232	22			PROPN
amfbr-551	232	23			PROPN
amfbr-551	232	24	where	where	SCONJ
amfbr-551	232	25	in	in	ADP
amfbr-551	232	26	:	:	PUNCT
amfbr-551	232	27	u	u	NOUN
amfbr-551	232	28	with	with	ADP
amfbr-551	232	29	0	0	NUM
amfbr-551	232	30	mean	mean	ADJ
amfbr-551	232	31	and	and	CCONJ
amfbr-551	232	32	ti	ti	ADJ
amfbr-551	232	33	variance	variance	NOUN
amfbr-551	232	34	-	-	PUNCT
amfbr-551	232	35	covariance	covariance	NOUN
amfbr-551	232	36	indicating	indicate	VERB
amfbr-551	232	37	the	the	DET
amfbr-551	232	38	correlation	correlation	NOUN
amfbr-551	232	39	between	between	ADP
amfbr-551	232	40	the	the	DET
amfbr-551	232	41	residuals	residual	NOUN
amfbr-551	232	42	of	of	ADP
amfbr-551	232	43	the	the	DET
amfbr-551	232	44	structural	structural	ADJ
amfbr-551	232	45	equations	equation	NOUN
amfbr-551	232	46	.	.	PUNCT
amfbr-551	233	1	'	'	PUNCT
amfbr-551	233	2	,	,	PUNCT
amfbr-551	233	3	(	(	PUNCT
amfbr-551	233	4	)	)	PUNCT
amfbr-551	233	5	ij	ij	INTJ
amfbr-551	234	1	i	i	PRON
amfbr-551	234	2	j	j	PROPN
amfbr-551	235	1	ij	ij	INTJ
amfbr-551	235	2	te	te	ADP
amfbr-551	235	3	u	u	PROPN
amfbr-551	235	4	u	u	PROPN
amfbr-551	235	5	i	i	PROPN
amfbr-551	235	6			PROPN
amfbr-551	235	7			PROPN
amfbr-551	235	8			NUM
amfbr-551	235	9			PROPN
amfbr-551	235	10	,	,	PUNCT
amfbr-551	235	11	and	and	CCONJ
amfbr-551	235	12	the	the	DET
amfbr-551	235	13	marker	marker	NOUN
amfbr-551	235	14	represents	represent	VERB
amfbr-551	235	15	the	the	DET
amfbr-551	235	16	kronecker	kronecker	NOUN
amfbr-551	235	17	variance	variance	NOUN
amfbr-551	235	18	residual	residual	ADJ
amfbr-551	235	19	covariance	covariance	NOUN
amfbr-551	235	20	.	.	PUNCT
amfbr-551	236	1	if	if	SCONJ
amfbr-551	236	2	there	there	PRON
amfbr-551	236	3	is	be	VERB
amfbr-551	236	4	no	no	DET
amfbr-551	236	5	correlation	correlation	NOUN
amfbr-551	236	6	between	between	ADP
amfbr-551	236	7	the	the	DET
amfbr-551	236	8	residuals	residual	NOUN
amfbr-551	236	9	of	of	ADP
amfbr-551	236	10	the	the	DET
amfbr-551	236	11	structural	structural	ADJ
amfbr-551	236	12	equations	equation	NOUN
amfbr-551	236	13	with	with	ADP
amfbr-551	236	14	each	each	DET
amfbr-551	236	15	other	other	ADJ
amfbr-551	236	16	then	then	NOUN
amfbr-551	236	17	0ij	0ij	PROPN
amfbr-551	237	1			NUM
amfbr-551	237	2	,	,	PUNCT
amfbr-551	237	3	as	as	ADP
amfbr-551	237	4	a	a	DET
amfbr-551	237	5	diagonal	diagonal	ADJ
amfbr-551	237	6	matrix	matrix	NOUN
amfbr-551	237	7	,	,	PUNCT
amfbr-551	237	8	therefore	therefore	ADV
amfbr-551	237	9	the	the	DET
amfbr-551	237	10	estimators	estimator	NOUN
amfbr-551	237	11	of	of	ADP
amfbr-551	237	12	the	the	DET
amfbr-551	237	13	least	least	ADJ
amfbr-551	237	14	squares	square	NOUN
amfbr-551	237	15	and	and	CCONJ
amfbr-551	237	16	ordinary	ordinary	ADJ
amfbr-551	237	17	least	least	ADJ
amfbr-551	237	18	squares	square	NOUN
amfbr-551	237	19	are	be	AUX
amfbr-551	237	20	similar	similar	ADJ
amfbr-551	237	21	(	(	PUNCT
amfbr-551	237	22	baltagi	baltagi	NOUN
amfbr-551	237	23	,	,	PUNCT
amfbr-551	237	24	2008	2008	NUM
amfbr-551	237	25	:	:	PUNCT
amfbr-551	238	1	pp.256	pp.256	PROPN
amfbr-551	238	2	:	:	PUNCT
amfbr-551	238	3	277	277	NUM
amfbr-551	238	4	)	)	PUNCT
amfbr-551	238	5	.	.	PUNCT
amfbr-551	239	1	copyright	copyright	NOUN
amfbr-551	239	2	©	©	PROPN
amfbr-551	239	3	cc	cc	PROPN
amfbr-551	239	4	-	-	PUNCT
amfbr-551	239	5	by	by	ADP
amfbr-551	239	6	-	-	PUNCT
amfbr-551	239	7	nc	nc	PROPN
amfbr-551	239	8	2020	2020	NUM
amfbr-551	239	9	,	,	PUNCT
amfbr-551	239	10	cribfb	cribfb	PROPN
amfbr-551	239	11	|	|	ADV
amfbr-551	239	12	amfbr	amfbr	ADJ
amfbr-551	239	13	www.cribfb.com/journal/index.php/amfbr	www.cribfb.com/journal/index.php/amfbr	PROPN
amfbr-551	239	14	american	american	PROPN
amfbr-551	239	15	finance	finance	PROPN
amfbr-551	239	16	&	&	CCONJ
amfbr-551	239	17	banking	banking	PROPN
amfbr-551	239	18	review	review	PROPN
amfbr-551	239	19	vol	vol	NOUN
amfbr-551	239	20	.	.	PROPN
amfbr-551	240	1	5	5	NUM
amfbr-551	240	2	,	,	PUNCT
amfbr-551	240	3	no	no	INTJ
amfbr-551	240	4	.	.	NOUN
amfbr-551	240	5	1	1	NUM
amfbr-551	240	6	;	;	PUNCT
amfbr-551	241	1	2020	2020	NUM
amfbr-551	241	2	38	38	NUM
amfbr-551	241	3	irem(-1	irem(-1	ADJ
amfbr-551	241	4	)	)	PUNCT
amfbr-551	241	5	ols	ol	NOUN
amfbr-551	241	6	1.014	1.014	NUM
amfbr-551	241	7	0.002	0.002	NUM
amfbr-551	241	8	484.84	484.84	NUM
amfbr-551	241	9	0.00000	0.00000	NUM
amfbr-551	241	10	2sls	2sls	NOUN
amfbr-551	241	11	1.011	1.011	NUM
amfbr-551	241	12	0.003	0.003	NUM
amfbr-551	241	13	296.53	296.53	NUM
amfbr-551	241	14	0.0000	0.0000	NUM
amfbr-551	242	1	3sls	3sls	NUM
amfbr-551	242	2	1.016	1.016	NUM
amfbr-551	242	3	0.007	0.007	NUM
amfbr-551	242	4	144.93	144.93	NUM
amfbr-551	242	5	0.0000	0.0000	NUM
amfbr-551	242	6	d(iripvirsv+	d(iripvirsv+	NOUN
amfbr-551	242	7	irgv	irgv	NOUN
amfbr-551	242	8	irgrtv	irgrtv	NOUN
amfbr-551	242	9	)	)	PUNCT
amfbr-551	242	10	ols	ol	VERB
amfbr-551	242	11	0.001	0.001	NUM
amfbr-551	242	12	0.00008	0.00008	NUM
amfbr-551	242	13	13.11	13.11	NUM
amfbr-551	242	14	0.0000	0.0000	NUM
amfbr-551	242	15	2sls	2sls	NOUN
amfbr-551	242	16	0.001	0.001	NUM
amfbr-551	242	17	0.0001	0.0001	NUM
amfbr-551	242	18	9.42	9.42	NUM
amfbr-551	242	19	0.0000	0.0000	NUM
amfbr-551	243	1	3sls	3sls	NUM
amfbr-551	243	2	0.0009	0.0009	NUM
amfbr-551	243	3	0.00002	0.00002	NUM
amfbr-551	243	4	4.01	4.01	NUM
amfbr-551	243	5	0.0000	0.0000	NUM
amfbr-551	243	6	d(irxv	d(irxv	NOUN
amfbr-551	243	7	/	/	SYM
amfbr-551	243	8	ireex	ireex	NOUN
amfbr-551	243	9	)	)	PUNCT
amfbr-551	243	10	(	(	PUNCT
amfbr-551	243	11	irmv	irmv	NOUN
amfbr-551	243	12	/	/	SYM
amfbr-551	243	13	ireem	ireem	NOUN
amfbr-551	243	14	)	)	PUNCT
amfbr-551	244	1	+	+	CCONJ
amfbr-551	244	2	(	(	PUNCT
amfbr-551	244	3	irxfyv	irxfyv	PROPN
amfbr-551	244	4	/	/	SYM
amfbr-551	244	5	ireexfy)(irmfyv	ireexfy)(irmfyv	NOUN
amfbr-551	244	6	/	/	SYM
amfbr-551	244	7	ireemfy	ireemfy	NOUN
amfbr-551	244	8	)	)	PUNCT
amfbr-551	244	9	ols	ol	NOUN
amfbr-551	245	1	-13.79	-13.79	NUM
amfbr-551	245	2	2.39	2.39	NUM
amfbr-551	245	3	-5.77	-5.77	NUM
amfbr-551	245	4	0.0000	0.0000	NUM
amfbr-551	245	5	2sls	2sls	X
amfbr-551	245	6	-17.55	-17.55	NUM
amfbr-551	245	7	5.64	5.64	NUM
amfbr-551	245	8	-3.11	-3.11	NUM
amfbr-551	245	9	0.0030	0.0030	NUM
amfbr-551	245	10	3sls	3sls	PROPN
amfbr-551	245	11	-14.42	-14.42	PUNCT
amfbr-551	245	12	6.62	6.62	NUM
amfbr-551	245	13	-2.18	-2.18	NUM
amfbr-551	245	14	0.0299	0.0299	NUM
amfbr-551	245	15	intercept	intercept	NOUN
amfbr-551	245	16	ols	ol	NOUN
amfbr-551	245	17	7067.74	7067.74	NUM
amfbr-551	245	18	7243.03	7243.03	NUM
amfbr-551	245	19	0.98	0.98	NUM
amfbr-551	245	20	0.3337	0.3337	NUM
amfbr-551	245	21	2sls	2sls	NUM
amfbr-551	245	22	6309.48	6309.48	NUM
amfbr-551	245	23	7795.32	7795.32	NUM
amfbr-551	245	24	0.81	0.81	NUM
amfbr-551	245	25	0.4220	0.4220	NUM
amfbr-551	246	1	3sls	3sls	NUM
amfbr-551	246	2	6284.52	6284.52	NUM
amfbr-551	246	3	7423.56	7423.56	NUM
amfbr-551	246	4	0.85	0.85	NUM
amfbr-551	246	5	0.3984	0.3984	NUM
amfbr-551	246	6	iripv(-1	iripv(-1	NUM
amfbr-551	246	7	)	)	PUNCT
amfbr-551	246	8	ols	ol	NOUN
amfbr-551	246	9	1.08	1.08	NUM
amfbr-551	246	10	0.01	0.01	NUM
amfbr-551	246	11	104.60	104.60	NUM
amfbr-551	246	12	0.0000	0.0000	NUM
amfbr-551	247	1	2sls	2sls	NUM
amfbr-551	247	2	1.07	1.07	NUM
amfbr-551	247	3	0.02	0.02	NUM
amfbr-551	247	4	63.97	63.97	NUM
amfbr-551	247	5	0.0000	0.0000	NUM
amfbr-551	247	6	3sls	3sls	NUM
amfbr-551	247	7	1.07	1.07	NUM
amfbr-551	247	8	0.02	0.02	NUM
amfbr-551	247	9	2567	2567	NUM
amfbr-551	247	10	0.0000	0.0000	NUM
amfbr-551	247	11	irolpv	irolpv	NOUN
amfbr-551	247	12	ols	ol	NOUN
amfbr-551	247	13	0.56	0.56	NUM
amfbr-551	247	14	0.06	0.06	NUM
amfbr-551	247	15	9.12	9.12	NUM
amfbr-551	247	16	0.0000	0.0000	NUM
amfbr-551	247	17	2sls	2sls	NUM
amfbr-551	247	18	0.69	0.69	NUM
amfbr-551	247	19	0.14	0.14	NUM
amfbr-551	247	20	5.13	5.13	NUM
amfbr-551	247	21	0.0000	0.0000	NUM
amfbr-551	248	1	3sls	3sls	NUM
amfbr-551	248	2	0.69	0.69	NUM
amfbr-551	248	3	0.13	0.13	NUM
amfbr-551	248	4	5.38	5.38	NUM
amfbr-551	248	5	0.0000	0.0000	NUM
amfbr-551	248	6	(	(	PUNCT
amfbr-551	248	7	irirl	irirl	NOUN
amfbr-551	248	8	-	-	PUNCT
amfbr-551	248	9	irirl(-1	irirl(-1	ADJ
amfbr-551	248	10	)	)	PUNCT
amfbr-551	248	11	)	)	PUNCT
amfbr-551	248	12	ols	ol	NOUN
amfbr-551	249	1	-12039.17	-12039.17	PROPN
amfbr-551	250	1	5279.18	5279.18	NUM
amfbr-551	250	2	-2.28	-2.28	NUM
amfbr-551	251	1	0.0267	0.0267	NUM
amfbr-551	251	2	2sls	2sls	X
amfbr-551	251	3	-16725.79	-16725.79	SYM
amfbr-551	251	4	6975.73	6975.73	NUM
amfbr-551	251	5	-2.40	-2.40	NUM
amfbr-551	251	6	0.0202	0.0202	NUM
amfbr-551	251	7	3sls	3sls	NUM
amfbr-551	251	8	-16710.36	-16710.36	NOUN
amfbr-551	251	9	6655.21	6655.21	NUM
amfbr-551	251	10	-2.51	-2.51	NUM
amfbr-551	251	11	0.124	0.124	NUM
amfbr-551	251	12	d92	d92	NOUN
amfbr-551	251	13	ols	ol	NOUN
amfbr-551	251	14	-467599.5	-467599.5	ADV
amfbr-551	251	15	58073.07	58073.07	NUM
amfbr-551	251	16	-8.05	-8.05	NOUN
amfbr-551	251	17	0.0000	0.0000	NUM
amfbr-551	251	18	2sls	2sls	NUM
amfbr-551	251	19	-518314.8	-518314.8	SYM
amfbr-551	251	20	77059.63	77059.63	NUM
amfbr-551	251	21	-6.73	-6.73	NUM
amfbr-551	251	22	0.0000	0.0000	NUM
amfbr-551	251	23	3sls	3sls	NUM
amfbr-551	251	24	-518246.5	-518246.5	NOUN
amfbr-551	251	25	72536.69	72536.69	NUM
amfbr-551	251	26	-7.05	-7.05	NUM
amfbr-551	251	27	0.0000	0.0000	NUM
amfbr-551	251	28	intercept	intercept	NOUN
amfbr-551	251	29	ols	ol	NOUN
amfbr-551	251	30	-250670.9	-250670.9	PROPN
amfbr-551	251	31	17986.51	17986.51	NUM
amfbr-551	252	1	-13.94	-13.94	NUM
amfbr-551	252	2	0.0000	0.0000	NUM
amfbr-551	252	3	2sls	2sls	NUM
amfbr-551	253	1	-312893	-312893	PROPN
amfbr-551	253	2	33811.88	33811.88	NUM
amfbr-551	253	3	-9.25	-9.25	NOUN
amfbr-551	253	4	0.0000	0.0000	NUM
amfbr-551	253	5	3sls	3sls	NUM
amfbr-551	253	6	-244555.1	-244555.1	SYM
amfbr-551	253	7	35909.34	35909.34	NUM
amfbr-551	253	8	-6.81	-6.81	NUM
amfbr-551	253	9	0.0000	0.0000	NUM
amfbr-551	253	10	irird	irird	NOUN
amfbr-551	253	11	ols	ol	NOUN
amfbr-551	253	12	38276.33	38276.33	NUM
amfbr-551	253	13	2628.25	2628.25	NUM
amfbr-551	253	14	14.56	14.56	NUM
amfbr-551	253	15	0.0000	0.0000	NUM
amfbr-551	253	16	2sls	2sls	NUM
amfbr-551	253	17	47386.45	47386.45	NUM
amfbr-551	253	18	4947.54	4947.54	NUM
amfbr-551	253	19	9.58	9.58	NUM
amfbr-551	253	20	0.0000	0.0000	NUM
amfbr-551	253	21	3sls	3sls	NUM
amfbr-551	253	22	37959.78	37959.78	NUM
amfbr-551	253	23	5217.06	5217.06	NUM
amfbr-551	253	24	7.28	7.28	NUM
amfbr-551	253	25	0.0000	0.0000	NUM
amfbr-551	253	26	irgdpmv(-1	irgdpmv(-1	PROPN
amfbr-551	253	27	)	)	PUNCT
amfbr-551	253	28	ols	ol	NOUN
amfbr-551	253	29	0.39	0.39	NUM
amfbr-551	253	30	0.008	0.008	NUM
amfbr-551	253	31	49.15	49.15	NUM
amfbr-551	253	32	0.0000	0.0000	NUM
amfbr-551	253	33	2sls	2sls	NUM
amfbr-551	254	1	0.37	0.37	NUM
amfbr-551	254	2	0.015	0.015	NUM
amfbr-551	254	3	25.02	25.02	NUM
amfbr-551	254	4	0.0000	0.0000	NUM
amfbr-551	254	5	3sls	3sls	NUM
amfbr-551	254	6	0.39	0.39	NUM
amfbr-551	254	7	0.01	0.01	NUM
amfbr-551	254	8	25.58	25.58	NUM
amfbr-551	254	9	0.0000	0.0000	NUM
amfbr-551	254	10	intercept	intercept	NOUN
amfbr-551	254	11	ols	ol	NOUN
amfbr-551	254	12	-892.62	-892.62	PROPN
amfbr-551	254	13	2313.75	2313.75	NUM
amfbr-551	254	14	-0.39	-0.39	NOUN
amfbr-551	254	15	0.7012	0.7012	NUM
amfbr-551	254	16	2sls	2sls	NUM
amfbr-551	254	17	-962.83	-962.83	PROPN
amfbr-551	254	18	2363.62	2363.62	NUM
amfbr-551	254	19	-0.41	-0.41	CCONJ
amfbr-551	254	20	0.6855	0.6855	NUM
amfbr-551	254	21	3sls	3sls	NUM
amfbr-551	254	22	-893.82	-893.82	PROPN
amfbr-551	254	23	2254.57	2254.57	NUM
amfbr-551	254	24	-0.40	-0.40	NUM
amfbr-551	254	25	0.6920	0.6920	NUM
amfbr-551	254	26	irgrtv(-1	irgrtv(-1	NOUN
amfbr-551	254	27	)	)	PUNCT
amfbr-551	254	28	ols	ol	VERB
amfbr-551	254	29	1.16	1.16	NUM
amfbr-551	254	30	0.02	0.02	NUM
amfbr-551	254	31	53.55	53.55	NUM
amfbr-551	254	32	0.0000	0.0000	NUM
amfbr-551	254	33	2sls	2sls	NUM
amfbr-551	254	34	1.16	1.16	NUM
amfbr-551	254	35	0.02	0.02	NUM
amfbr-551	254	36	52.34	52.34	NUM
amfbr-551	254	37	0.0000	0.0000	NUM
amfbr-551	254	38	3sls	3sls	NUM
amfbr-551	254	39	1.16	1.16	NUM
amfbr-551	254	40	0.02	0.02	NUM
amfbr-551	254	41	54.88	54.88	NUM
amfbr-551	254	42	0.0000	0.0000	NUM
amfbr-551	254	43	d(irgdpmv	d(irgdpmv	X
amfbr-551	254	44	)	)	PUNCT
amfbr-551	254	45	ols	ol	VERB
amfbr-551	254	46	0.04	0.04	NUM
amfbr-551	254	47	0.007	0.007	NUM
amfbr-551	254	48	5.27	5.27	NUM
amfbr-551	254	49	0.0000	0.0000	NUM
amfbr-551	255	1	2sls	2sls	NUM
amfbr-551	255	2	0.04	0.04	NUM
amfbr-551	255	3	0.007	0.007	NUM
amfbr-551	255	4	4.99	4.99	NUM
amfbr-551	255	5	0.0000	0.0000	NUM
amfbr-551	255	6	3sls	3sls	NUM
amfbr-551	255	7	0.04	0.04	NUM
amfbr-551	255	8	0.007	0.007	NUM
amfbr-551	255	9	5.24	5.24	NUM
amfbr-551	255	10	0.0000	0.0000	NUM
amfbr-551	255	11	d89	d89	NOUN
amfbr-551	255	12	ols	ol	NOUN
amfbr-551	256	1	-94729.88	-94729.88	NOUN
amfbr-551	256	2	16077.64	16077.64	NUM
amfbr-551	256	3	-5.89	-5.89	NUM
amfbr-551	256	4	0.0000	0.0000	NUM
amfbr-551	256	5	2sls	2sls	X
amfbr-551	257	1	-94958.33	-94958.33	PROPN
amfbr-551	257	2	16242.40	16242.40	NUM
amfbr-551	257	3	-5.85	-5.85	NOUN
amfbr-551	257	4	0.0000	0.0000	NUM
amfbr-551	257	5	3sls	3sls	NUM
amfbr-551	257	6	-95007.14	-95007.14	NOUN
amfbr-551	257	7	15496.55	15496.55	NUM
amfbr-551	257	8	-6.13	-6.13	NUM
amfbr-551	257	9	0.0000	0.0000	NUM
amfbr-551	257	10	d91	d91	NOUN
amfbr-551	257	11	ols	ol	NOUN
amfbr-551	257	12	-53079.03	-53079.03	PROPN
amfbr-551	257	13	16217.26	16217.26	NUM
amfbr-551	257	14	-3.27	-3.27	NUM
amfbr-551	257	15	0.0019	0.0019	NUM
amfbr-551	257	16	2sls	2sls	NUM
amfbr-551	257	17	-53565.12	-53565.12	NUM
amfbr-551	257	18	16387.80	16387.80	NUM
amfbr-551	257	19	-3.27	-3.27	NUM
amfbr-551	257	20	0.0019	0.0019	NUM
amfbr-551	257	21	3sls	3sls	PROPN
amfbr-551	257	22	-53941.74	-53941.74	PROPN
amfbr-551	257	23	15634.96	15634.96	NUM
amfbr-551	257	24	-3.45	-3.45	NUM
amfbr-551	257	25	0.0006	0.0006	NUM
amfbr-551	257	26	intercept	intercept	NOUN
amfbr-551	257	27	ols	ol	NOUN
amfbr-551	257	28	-1520.59	-1520.59	VERB
amfbr-551	257	29	160.35	160.35	NUM
amfbr-551	257	30	-9.48	-9.48	NUM
amfbr-551	257	31	0.0000	0.0000	NUM
amfbr-551	257	32	2sls	2sls	X
amfbr-551	257	33	-1395.74	-1395.74	NUM
amfbr-551	257	34	154.00	154.00	NUM
amfbr-551	257	35	-9.06	-9.06	NUM
amfbr-551	257	36	0.0000	0.0000	NUM
amfbr-551	257	37	3sls	3sls	NUM
amfbr-551	258	1	-1763.34	-1763.34	NUM
amfbr-551	258	2	452.68	452.68	NUM
amfbr-551	258	3	-3.89	-3.89	NOUN
amfbr-551	258	4	0.0001	0.0001	NUM
amfbr-551	258	5	copyright	copyright	NOUN
amfbr-551	258	6	©	©	PROPN
amfbr-551	258	7	cc	cc	NOUN
amfbr-551	258	8	-	-	PUNCT
amfbr-551	258	9	by	by	ADP
amfbr-551	258	10	-	-	PUNCT
amfbr-551	258	11	nc	nc	PROPN
amfbr-551	258	12	2020	2020	NUM
amfbr-551	258	13	,	,	PUNCT
amfbr-551	258	14	cribfb	cribfb	PROPN
amfbr-551	258	15	|	|	ADV
amfbr-551	258	16	amfbr	amfbr	ADJ
amfbr-551	258	17	www.cribfb.com/journal/index.php/amfbr	www.cribfb.com/journal/index.php/amfbr	PROPN
amfbr-551	258	18	american	american	PROPN
amfbr-551	258	19	finance	finance	PROPN
amfbr-551	258	20	&	&	CCONJ
amfbr-551	258	21	banking	banking	PROPN
amfbr-551	258	22	review	review	PROPN
amfbr-551	258	23	vol	vol	NOUN
amfbr-551	258	24	.	.	PROPN
amfbr-551	259	1	5	5	NUM
amfbr-551	259	2	,	,	PUNCT
amfbr-551	259	3	no	no	INTJ
amfbr-551	259	4	.	.	NOUN
amfbr-551	259	5	1	1	NUM
amfbr-551	259	6	;	;	PUNCT
amfbr-551	259	7	2020	2020	NUM
amfbr-551	259	8	39	39	NUM
amfbr-551	259	9	irxdfcpi(-1	irxdfcpi(-1	PROPN
amfbr-551	259	10	)	)	PUNCT
amfbr-551	259	11	ols	ol	VERB
amfbr-551	259	12	1/00	1/00	NUM
amfbr-551	259	13	0.003	0.003	NUM
amfbr-551	259	14	334.40	334.40	NUM
amfbr-551	259	15	0.0000	0.0000	NUM
amfbr-551	259	16	2sls	2sls	NUM
amfbr-551	259	17	1/00	1/00	NUM
amfbr-551	259	18	0.002	0.002	NUM
amfbr-551	259	19	450.74	450.74	NUM
amfbr-551	259	20	0.0000	0.0000	NUM
amfbr-551	259	21	3sls	3sls	NUM
amfbr-551	259	22	1/00	1/00	NUM
amfbr-551	259	23	0.009	0.009	NUM
amfbr-551	259	24	115.07	115.07	NUM
amfbr-551	259	25	0.0000	0.0000	NUM
amfbr-551	259	26	irxoild	irxoild	NOUN
amfbr-551	259	27	/	/	SYM
amfbr-551	259	28	fcpi	fcpi	NOUN
amfbr-551	259	29	-	-	PUNCT
amfbr-551	259	30	irxoild(1)/fcpi(-1	irxoild(1)/fcpi(-1	NOUN
amfbr-551	259	31	)	)	PUNCT
amfbr-551	259	32	ols	ol	NOUN
amfbr-551	260	1	0.83	0.83	NUM
amfbr-551	260	2	0.1	0.1	NUM
amfbr-551	260	3	57.13	57.13	NUM
amfbr-551	260	4	0.0000	0.0000	NUM
amfbr-551	260	5	2sls	2sls	NUM
amfbr-551	260	6	0.83	0.83	NUM
amfbr-551	260	7	0.01	0.01	NUM
amfbr-551	260	8	71.37	71.37	NUM
amfbr-551	260	9	0.0000	0.0000	NUM
amfbr-551	260	10	3sls	3sls	NUM
amfbr-551	260	11	0.84	0.84	NUM
amfbr-551	260	12	0.03	0.03	NUM
amfbr-551	260	13	25.25	25.25	NUM
amfbr-551	260	14	0.0000	0.0000	NUM
amfbr-551	260	15	ireex*fcpi	ireex*fcpi	NOUN
amfbr-551	260	16	/	/	SYM
amfbr-551	260	17	irpgdpm	irpgdpm	NOUN
amfbr-551	260	18	ols	ol	NOUN
amfbr-551	260	19	0.17	0.17	NUM
amfbr-551	260	20	0.03	0.03	NUM
amfbr-551	260	21	5.69	5.69	NUM
amfbr-551	260	22	0.0000	0.0000	NUM
amfbr-551	260	23	2sls	2sls	NOUN
amfbr-551	260	24	0.14	0.14	NUM
amfbr-551	260	25	0.03	0.03	NUM
amfbr-551	260	26	4.52	4.52	NUM
amfbr-551	260	27	0.0000	0.0000	NUM
amfbr-551	261	1	3sls	3sls	NUM
amfbr-551	261	2	0.22	0.22	NUM
amfbr-551	261	3	0.09	0.09	NUM
amfbr-551	261	4	2.36	2.36	NUM
amfbr-551	261	5	0.0188	0.0188	NUM
amfbr-551	261	6	d(irgdpm	d(irgdpm	NOUN
amfbr-551	261	7	)	)	PUNCT
amfbr-551	261	8	ols	ol	NOUN
amfbr-551	261	9	0.03	0.03	NUM
amfbr-551	261	10	0.003	0.003	NUM
amfbr-551	261	11	13.46	13.46	NUM
amfbr-551	261	12	0.0000	0.0000	NUM
amfbr-551	262	1	2sls	2sls	NUM
amfbr-551	262	2	0.003	0.003	NUM
amfbr-551	262	3	0.001	0.001	NUM
amfbr-551	262	4	23.32	23.32	NUM
amfbr-551	262	5	0.0000	0.0000	NUM
amfbr-551	262	6	3sls	3sls	NUM
amfbr-551	262	7	0.03	0.03	NUM
amfbr-551	262	8	0.007	0.007	NUM
amfbr-551	262	9	4.46	4.46	NUM
amfbr-551	262	10	0.0000	0.0000	NUM
amfbr-551	262	11	intercept	intercept	NOUN
amfbr-551	262	12	ols	ol	NOUN
amfbr-551	262	13	112846.9	112846.9	NUM
amfbr-551	262	14	5624.06	5624.06	NUM
amfbr-551	262	15	20.06	20.06	NUM
amfbr-551	262	16	0.0000	0.0000	NUM
amfbr-551	262	17	2sls	2sls	NUM
amfbr-551	262	18	119149.1	119149.1	NUM
amfbr-551	262	19	6066.96	6066.96	NUM
amfbr-551	262	20	19.64	19.64	NUM
amfbr-551	262	21	0.0000	0.0000	NUM
amfbr-551	263	1	3sls	3sls	NUM
amfbr-551	263	2	83608.23	83608.23	NUM
amfbr-551	263	3	20792.606	20792.606	NUM
amfbr-551	263	4	4.02	4.02	NUM
amfbr-551	263	5	0.0001	0.0001	NUM
amfbr-551	263	6	irmdcifp(-1	irmdcifp(-1	PROPN
amfbr-551	263	7	)	)	PUNCT
amfbr-551	263	8	ols	ol	NOUN
amfbr-551	263	9	0.91	0.91	NUM
amfbr-551	263	10	0.02	0.02	NUM
amfbr-551	263	11	47.64	47.64	NUM
amfbr-551	263	12	0.0000	0.0000	NUM
amfbr-551	263	13	2sls	2sls	NUM
amfbr-551	263	14	0.90	0.90	NUM
amfbr-551	263	15	0.02	0.02	NUM
amfbr-551	263	16	43.47	43.47	NUM
amfbr-551	263	17	0.0000	0.0000	NUM
amfbr-551	264	1	3sls	3sls	NUM
amfbr-551	264	2	0.97	0.97	NUM
amfbr-551	264	3	0.06	0.06	NUM
amfbr-551	264	4	15.83	15.83	NUM
amfbr-551	264	5	0.0000	0.0000	NUM
amfbr-551	264	6	(	(	PUNCT
amfbr-551	264	7	ireem*fcpi	ireem*fcpi	NOUN
amfbr-551	264	8	/	/	SYM
amfbr-551	264	9	irpgdpm	irpgdpm	NOUN
amfbr-551	264	10	)	)	PUNCT
amfbr-551	264	11	ols	ol	NOUN
amfbr-551	265	1	-14.16	-14.16	PROPN
amfbr-551	265	2	0.65	0.65	NUM
amfbr-551	265	3	-21.86	-21.86	NUM
amfbr-551	265	4	0.0000	0.0000	NUM
amfbr-551	265	5	2sls	2sls	X
amfbr-551	266	1	-14.90	-14.90	PROPN
amfbr-551	266	2	0.69	0.69	NUM
amfbr-551	266	3	-21.39	-21.39	PROPN
amfbr-551	266	4	0.0000	0.0000	NUM
amfbr-551	267	1	3sls	3sls	NUM
amfbr-551	267	2	-10.62	-10.62	SYM
amfbr-551	267	3	2.44	2.44	NUM
amfbr-551	267	4	-4.35	-4.35	NUM
amfbr-551	267	5	0.0000	0.0000	NUM
amfbr-551	267	6	d(irxd+irxfyv	d(irxd+irxfyv	NOUN
amfbr-551	267	7	/	/	SYM
amfbr-551	267	8	ireexfyirmfyv	ireexfyirmfyv	NOUN
amfbr-551	267	9	/	/	SYM
amfbr-551	267	10	ireemfy	ireemfy	NOUN
amfbr-551	267	11	)	)	PUNCT
amfbr-551	267	12	ols	ol	VERB
amfbr-551	267	13	1.43	1.43	NUM
amfbr-551	267	14	0.08	0.08	NUM
amfbr-551	267	15	19.18	19.18	NUM
amfbr-551	267	16	0.0000	0.0000	NUM
amfbr-551	267	17	2sls	2sls	NUM
amfbr-551	267	18	1.52	1.52	NUM
amfbr-551	267	19	0.08	0.08	NUM
amfbr-551	267	20	19.00	19.00	NUM
amfbr-551	267	21	0.0000	0.0000	NUM
amfbr-551	267	22	3sls	3sls	NUM
amfbr-551	267	23	1.12	1.12	NUM
amfbr-551	267	24	0.26	0.26	NUM
amfbr-551	267	25	4.34	4.34	NUM
amfbr-551	267	26	0.0000	0.0000	NUM
amfbr-551	267	27	intercept	intercept	NOUN
amfbr-551	267	28	ols	ol	NOUN
amfbr-551	267	29	-369.85	-369.85	PROPN
amfbr-551	267	30	212.73	212.73	NUM
amfbr-551	267	31	-1.74	-1.74	NUM
amfbr-551	267	32	0.0883	0.0883	NUM
amfbr-551	267	33	2sls	2sls	NUM
amfbr-551	267	34	-298.12	-298.12	PROPN
amfbr-551	267	35	255.62	255.62	NUM
amfbr-551	267	36	-1.17	-1.17	NUM
amfbr-551	267	37	0.2491	0.2491	NUM
amfbr-551	267	38	3sls	3sls	NUM
amfbr-551	267	39	-311.13	-311.13	PROPN
amfbr-551	267	40	239.03	239.03	NUM
amfbr-551	267	41	-1.30	-1.30	NUM
amfbr-551	267	42	0.1937	0.1937	NUM
amfbr-551	267	43	irxfyv	irxfyv	NOUN
amfbr-551	267	44	(	(	PUNCT
amfbr-551	267	45	-1	-1	NOUN
amfbr-551	267	46	)	)	PUNCT
amfbr-551	267	47	ols	ol	NOUN
amfbr-551	267	48	0.96	0.96	NUM
amfbr-551	267	49	0.02	0.02	NUM
amfbr-551	268	1	50.32	50.32	NUM
amfbr-551	268	2	0.0000	0.0000	NUM
amfbr-551	268	3	2sls	2sls	NUM
amfbr-551	268	4	0.95	0.95	NUM
amfbr-551	268	5	0.03	0.03	NUM
amfbr-551	268	6	31.04	31.04	NUM
amfbr-551	268	7	0.0000	0.0000	NUM
amfbr-551	268	8	3sls	3sls	NUM
amfbr-551	268	9	0.95	0.95	NUM
amfbr-551	268	10	0.03	0.03	NUM
amfbr-551	268	11	33.17	33.17	NUM
amfbr-551	268	12	0.0000	0.0000	NUM
amfbr-551	268	13	irird	irird	NOUN
amfbr-551	268	14	-	-	PUNCT
amfbr-551	268	15	fir*ireexfy	fir*ireexfy	NOUN
amfbr-551	268	16	ols	ols	X
amfbr-551	268	17	-0.25	-0.25	NUM
amfbr-551	268	18	0.03	0.03	NUM
amfbr-551	268	19	-7.85	-7.85	ADP
amfbr-551	268	20	0.0000	0.0000	NUM
amfbr-551	268	21	2sls	2sls	NUM
amfbr-551	268	22	-0.24	-0.24	NUM
amfbr-551	268	23	0.06	0.06	NUM
amfbr-551	268	24	-4.13	-4.13	NUM
amfbr-551	268	25	0.0001	0.0001	NUM
amfbr-551	268	26	3sls	3sls	NUM
amfbr-551	268	27	-0.24	-0.24	NOUN
amfbr-551	268	28	0.05	0.05	NUM
amfbr-551	268	29	-4.50	-4.50	PRON
amfbr-551	268	30	0.0000	0.0000	NUM
amfbr-551	268	31	d91	d91	PROPN
amfbr-551	268	32	ols	ol	NOUN
amfbr-551	268	33	28230.86	28230.86	NUM
amfbr-551	268	34	1302.04	1302.04	NUM
amfbr-551	268	35	21.68	21.68	NUM
amfbr-551	268	36	0.0000	0.0000	NUM
amfbr-551	268	37	2sls	2sls	NUM
amfbr-551	268	38	28438.76	28438.76	PROPN
amfbr-551	268	39	1337.61	1337.61	NUM
amfbr-551	268	40	21.26	21.26	NUM
amfbr-551	268	41	0.0000	0.0000	NUM
amfbr-551	268	42	3sls	3sls	NUM
amfbr-551	268	43	28446.82	28446.82	NUM
amfbr-551	268	44	1251.62	1251.62	NUM
amfbr-551	268	45	22.73	22.73	NUM
amfbr-551	268	46	0.0000	0.0000	NUM
amfbr-551	268	47	d88	d88	PROPN
amfbr-551	268	48	ols	ol	NOUN
amfbr-551	268	49	-15367.00	-15367.00	PROPN
amfbr-551	268	50	1305.66	1305.66	NUM
amfbr-551	268	51	-11.77	-11.77	SYM
amfbr-551	268	52	0.0000	0.0000	NUM
amfbr-551	268	53	2sls	2sls	NUM
amfbr-551	268	54	-15224.69	-15224.69	NOUN
amfbr-551	268	55	1327.01	1327.01	NUM
amfbr-551	268	56	-11.47	-11.47	PROPN
amfbr-551	268	57	0.0000	0.0000	NUM
amfbr-551	268	58	3sls	3sls	NUM
amfbr-551	268	59	-15251.71	-15251.71	SYM
amfbr-551	268	60	-1241.11	-1241.11	PUNCT
amfbr-551	268	61	-12.29	-12.29	PUNCT
amfbr-551	268	62	0.0000	0.0000	NUM
amfbr-551	268	63	d93	d93	NOUN
amfbr-551	268	64	ols	ol	NOUN
amfbr-551	268	65	-22578.59	-22578.59	NUM
amfbr-551	268	66	1645.75	1645.75	NUM
amfbr-551	268	67	-13.72	-13.72	PUNCT
amfbr-551	268	68	0.0000	0.0000	NUM
amfbr-551	268	69	2sls	2sls	X
amfbr-551	268	70	-22255/00	-22255/00	X
amfbr-551	268	71	1868.64	1868.64	NUM
amfbr-551	268	72	-11.91	-11.91	NUM
amfbr-551	268	73	0.0000	0.0000	NUM
amfbr-551	269	1	3sls	3sls	NOUN
amfbr-551	269	2	-22285.11	-22285.11	PROPN
amfbr-551	269	3	1748.68	1748.68	NUM
amfbr-551	269	4	-12.74	-12.74	SYM
amfbr-551	269	5	0.0000	0.0000	NUM
amfbr-551	269	6	d92	d92	NOUN
amfbr-551	269	7	ols	ol	NOUN
amfbr-551	269	8	17001.52	17001.52	NUM
amfbr-551	269	9	1449.77	1449.77	NUM
amfbr-551	269	10	11.73	11.73	NUM
amfbr-551	269	11	0.0000	0.0000	NUM
amfbr-551	270	1	2sls	2sls	NUM
amfbr-551	270	2	17405.01	17405.01	NUM
amfbr-551	270	3	1464.6	1464.6	NUM
amfbr-551	270	4	11.88	11.88	NUM
amfbr-551	270	5	0.0000	0.0000	NUM
amfbr-551	271	1	3sls	3sls	NUM
amfbr-551	271	2	17316.56	17316.56	NUM
amfbr-551	271	3	1367.71	1367.71	NUM
amfbr-551	271	4	12.66	12.66	NUM
amfbr-551	271	5	0.0000	0.0000	NUM
amfbr-551	271	6	intercept	intercept	NOUN
amfbr-551	271	7	ols	ol	NOUN
amfbr-551	271	8	5.96	5.96	NUM
amfbr-551	271	9	0.15	0.15	NUM
amfbr-551	271	10	38.51	38.51	NUM
amfbr-551	271	11	0.0000	0.0000	NUM
amfbr-551	271	12	2sls	2sls	NUM
amfbr-551	271	13	5.62	5.62	NUM
amfbr-551	271	14	0.18	0.18	NUM
amfbr-551	271	15	30.84	30.84	NUM
amfbr-551	271	16	0.0000	0.0000	NUM
amfbr-551	272	1	3sls	3sls	NUM
amfbr-551	272	2	4.93	4.93	NUM
amfbr-551	272	3	1.32	1.32	NUM
amfbr-551	272	4	3.73	3.73	NUM
amfbr-551	272	5	0.0002	0.0002	NUM
amfbr-551	272	6	irmfyv(-1	irmfyv(-1	NOUN
amfbr-551	272	7	)	)	PUNCT
amfbr-551	272	8	ols	ol	NOUN
amfbr-551	273	1	1.04	1.04	NUM
amfbr-551	273	2	0.005	0.005	NUM
amfbr-551	273	3	210.96	210.96	NUM
amfbr-551	273	4	0.0000	0.0000	NUM
amfbr-551	273	5	2sls	2sls	NUM
amfbr-551	273	6	1.05	1.05	NUM
amfbr-551	273	7	0.006	0.006	NUM
amfbr-551	273	8	184.17	184.17	NUM
amfbr-551	273	9	0.0000	0.0000	NUM
amfbr-551	273	10	3sls	3sls	NUM
amfbr-551	273	11	1.06	1.06	NUM
amfbr-551	273	12	0.04	0.04	NUM
amfbr-551	273	13	25.76	25.76	NUM
amfbr-551	273	14	0.0000	0.0000	NUM
amfbr-551	273	15	(	(	PUNCT
amfbr-551	273	16	irird	irird	NOUN
amfbr-551	273	17	fir*ireemfy	fir*ireemfy	PROPN
amfbr-551	273	18	)	)	PUNCT
amfbr-551	273	19	ols	ol	NOUN
amfbr-551	273	20	0.008	0.008	NUM
amfbr-551	273	21	0.001	0.001	NUM
amfbr-551	273	22	40.61	40.61	NUM
amfbr-551	273	23	0.0000	0.0000	NUM
amfbr-551	273	24	copyright	copyright	NOUN
amfbr-551	273	25	©	©	PROPN
amfbr-551	273	26	cc	cc	NOUN
amfbr-551	273	27	-	-	PUNCT
amfbr-551	273	28	by	by	ADP
amfbr-551	273	29	-	-	PUNCT
amfbr-551	273	30	nc	nc	PROPN
amfbr-551	273	31	2020	2020	NUM
amfbr-551	273	32	,	,	PUNCT
amfbr-551	273	33	cribfb	cribfb	PROPN
amfbr-551	274	1	|	|	ADV
amfbr-551	274	2	amfbr	amfbr	ADJ
amfbr-551	274	3	www.cribfb.com/journal/index.php/amfbr	www.cribfb.com/journal/index.php/amfbr	PROPN
amfbr-551	274	4	american	american	PROPN
amfbr-551	274	5	finance	finance	PROPN
amfbr-551	274	6	&	&	CCONJ
amfbr-551	274	7	banking	banking	PROPN
amfbr-551	274	8	review	review	PROPN
amfbr-551	274	9	vol	vol	NOUN
amfbr-551	274	10	.	.	PROPN
amfbr-551	275	1	5	5	NUM
amfbr-551	275	2	,	,	PUNCT
amfbr-551	275	3	no	no	INTJ
amfbr-551	275	4	.	.	NOUN
amfbr-551	275	5	1	1	NUM
amfbr-551	275	6	;	;	PUNCT
amfbr-551	275	7	2020	2020	NUM
amfbr-551	276	1	40	40	NUM
amfbr-551	276	2	2sls	2sls	NUM
amfbr-551	276	3	0.007	0.007	NUM
amfbr-551	276	4	0.0002	0.0002	NUM
amfbr-551	276	5	31.35	31.35	NUM
amfbr-551	276	6	0.0000	0.0000	NUM
amfbr-551	276	7	3sls	3sls	NUM
amfbr-551	276	8	0.006	0.006	NUM
amfbr-551	276	9	0.001	0.001	NUM
amfbr-551	276	10	5.56	5.56	NUM
amfbr-551	276	11	0.0000	0.0000	NUM
amfbr-551	276	12	d(irgdpm	d(irgdpm	NOUN
amfbr-551	276	13	)	)	PUNCT
amfbr-551	276	14	ols	ol	VERB
amfbr-551	276	15	0.001	0.001	NUM
amfbr-551	276	16	0.00006	0.00006	NUM
amfbr-551	276	17	25.98	25.98	NUM
amfbr-551	276	18	0.0000	0.0000	NUM
amfbr-551	276	19	2sls	2sls	NOUN
amfbr-551	276	20	0.001	0.001	NUM
amfbr-551	276	21	0.000006	0.000006	NUM
amfbr-551	276	22	202.62	202.62	NUM
amfbr-551	276	23	0.0000	0.0000	NUM
amfbr-551	276	24	3sls	3sls	NUM
amfbr-551	276	25	0.001	0.001	NUM
amfbr-551	276	26	0.00005	0.00005	NUM
amfbr-551	276	27	2.35	2.35	NUM
amfbr-551	276	28	0.0191	0.0191	NUM
amfbr-551	276	29	source	source	NOUN
amfbr-551	276	30	:	:	PUNCT
amfbr-551	276	31	obtained	obtain	VERB
amfbr-551	276	32	from	from	ADP
amfbr-551	276	33	results	result	NOUN
amfbr-551	276	34	of	of	ADP
amfbr-551	276	35	the	the	DET
amfbr-551	276	36	research	research	NOUN
amfbr-551	276	37	according	accord	VERB
amfbr-551	276	38	to	to	ADP
amfbr-551	276	39	the	the	DET
amfbr-551	276	40	table	table	NOUN
amfbr-551	276	41	(	(	PUNCT
amfbr-551	276	42	2	2	NUM
amfbr-551	276	43	)	)	PUNCT
amfbr-551	276	44	,	,	PUNCT
amfbr-551	276	45	r	r	NOUN
amfbr-551	276	46	-	-	PUNCT
amfbr-551	276	47	squared	square	VERB
amfbr-551	276	48	and	and	CCONJ
amfbr-551	276	49	adjusted	adjust	VERB
amfbr-551	276	50	r	r	NOUN
amfbr-551	276	51	-	-	PUNCT
amfbr-551	276	52	squared	square	VERB
amfbr-551	276	53	show	show	NOUN
amfbr-551	276	54	very	very	ADV
amfbr-551	276	55	good	good	ADJ
amfbr-551	276	56	explanatory	explanatory	ADJ
amfbr-551	276	57	power	power	NOUN
amfbr-551	276	58	of	of	ADP
amfbr-551	276	59	the	the	DET
amfbr-551	276	60	equations	equation	NOUN
amfbr-551	276	61	.	.	PUNCT
amfbr-551	277	1	the	the	DET
amfbr-551	277	2	use	use	NOUN
amfbr-551	277	3	of	of	ADP
amfbr-551	277	4	lagged	lag	VERB
amfbr-551	277	5	first	first	ADJ
amfbr-551	277	6	order	order	NOUN
amfbr-551	277	7	endogenous	endogenous	ADJ
amfbr-551	277	8	variables	variable	NOUN
amfbr-551	277	9	on	on	ADP
amfbr-551	277	10	the	the	DET
amfbr-551	277	11	right	right	NOUN
amfbr-551	277	12	of	of	ADP
amfbr-551	277	13	the	the	DET
amfbr-551	277	14	equations	equation	NOUN
amfbr-551	277	15	increases	increase	VERB
amfbr-551	277	16	r	r	NOUN
amfbr-551	277	17	-	-	PUNCT
amfbr-551	277	18	squared	square	VERB
amfbr-551	277	19	(	(	PUNCT
amfbr-551	277	20	r2	r2	PROPN
amfbr-551	277	21	)	)	PUNCT
amfbr-551	277	22	.	.	PUNCT
amfbr-551	278	1	dorbin	dorbin	PROPN
amfbr-551	278	2	-	-	PUNCT
amfbr-551	278	3	watson	watson	PROPN
amfbr-551	278	4	's	's	PART
amfbr-551	278	5	statistics	statistic	NOUN
amfbr-551	278	6	show	show	VERB
amfbr-551	278	7	good	good	ADJ
amfbr-551	278	8	quality	quality	NOUN
amfbr-551	278	9	model	model	NOUN
amfbr-551	278	10	equations	equation	NOUN
amfbr-551	278	11	specifications	specification	NOUN
amfbr-551	278	12	and	and	CCONJ
amfbr-551	278	13	no	no	DET
amfbr-551	278	14	serial	serial	ADJ
amfbr-551	278	15	correlation	correlation	NOUN
amfbr-551	278	16	in	in	ADP
amfbr-551	278	17	the	the	DET
amfbr-551	278	18	residuals	residual	NOUN
amfbr-551	278	19	.	.	PUNCT
amfbr-551	279	1	it	it	PRON
amfbr-551	279	2	should	should	AUX
amfbr-551	279	3	be	be	AUX
amfbr-551	279	4	noted	note	VERB
amfbr-551	279	5	that	that	SCONJ
amfbr-551	279	6	in	in	ADP
amfbr-551	279	7	cases	case	NOUN
amfbr-551	279	8	of	of	ADP
amfbr-551	279	9	the	the	DET
amfbr-551	279	10	high	high	ADJ
amfbr-551	279	11	r	r	NOUN
amfbr-551	279	12	-	-	PUNCT
amfbr-551	279	13	squared	square	VERB
amfbr-551	279	14	,	,	PUNCT
amfbr-551	279	15	it	it	PRON
amfbr-551	279	16	is	be	AUX
amfbr-551	279	17	not	not	PART
amfbr-551	279	18	necessary	necessary	ADJ
amfbr-551	279	19	to	to	PART
amfbr-551	279	20	consider	consider	VERB
amfbr-551	279	21	the	the	DET
amfbr-551	279	22	dorbin	dorbin	PROPN
amfbr-551	279	23	-	-	PUNCT
amfbr-551	279	24	watson	watson	PROPN
amfbr-551	279	25	's	's	PART
amfbr-551	279	26	statistic	statistic	NOUN
amfbr-551	279	27	on	on	ADP
amfbr-551	279	28	the	the	DET
amfbr-551	279	29	problem	problem	NOUN
amfbr-551	279	30	of	of	ADP
amfbr-551	279	31	the	the	DET
amfbr-551	279	32	serial	serial	ADJ
amfbr-551	279	33	correlation	correlation	NOUN
amfbr-551	279	34	of	of	ADP
amfbr-551	279	35	the	the	DET
amfbr-551	279	36	residuals	residual	NOUN
amfbr-551	279	37	,	,	PUNCT
amfbr-551	279	38	this	this	PRON
amfbr-551	279	39	is	be	AUX
amfbr-551	279	40	not	not	PART
amfbr-551	279	41	.	.	PUNCT
amfbr-551	280	1	however	however	ADV
amfbr-551	280	2	,	,	PUNCT
amfbr-551	280	3	acceptable	acceptable	ADJ
amfbr-551	280	4	either	either	CCONJ
amfbr-551	280	5	weak	weak	ADJ
amfbr-551	280	6	serial	serial	ADJ
amfbr-551	280	7	correlation	correlation	NOUN
amfbr-551	280	8	or	or	CCONJ
amfbr-551	280	9	when	when	SCONJ
amfbr-551	280	10	the	the	DET
amfbr-551	280	11	statistic	statistic	NOUN
amfbr-551	280	12	falls	fall	VERB
amfbr-551	280	13	within	within	ADP
amfbr-551	280	14	the	the	DET
amfbr-551	280	15	uncertain	uncertain	ADJ
amfbr-551	280	16	limits	limit	NOUN
amfbr-551	280	17	of	of	ADP
amfbr-551	280	18	serial	serial	ADJ
amfbr-551	280	19	correlation	correlation	NOUN
amfbr-551	280	20	in	in	ADP
amfbr-551	280	21	the	the	DET
amfbr-551	280	22	dorbin	dorbin	PROPN
amfbr-551	280	23	-	-	PUNCT
amfbr-551	280	24	watson	watson	PROPN
amfbr-551	280	25	's	's	PART
amfbr-551	280	26	table	table	NOUN
amfbr-551	280	27	.	.	PUNCT
amfbr-551	281	1	note	note	VERB
amfbr-551	281	2	that	that	SCONJ
amfbr-551	281	3	the	the	DET
amfbr-551	281	4	dorbin	dorbin	PROPN
amfbr-551	281	5	-	-	PUNCT
amfbr-551	281	6	watson	watson	PROPN
amfbr-551	281	7	's	's	PART
amfbr-551	281	8	statistic	statistic	NOUN
amfbr-551	281	9	is	be	AUX
amfbr-551	281	10	not	not	PART
amfbr-551	281	11	usable	usable	ADJ
amfbr-551	281	12	for	for	ADP
amfbr-551	281	13	the	the	DET
amfbr-551	281	14	expression	expression	NOUN
amfbr-551	281	15	of	of	ADP
amfbr-551	281	16	the	the	DET
amfbr-551	281	17	residuals	residual	NOUN
amfbr-551	281	18	due	due	ADP
amfbr-551	281	19	to	to	ADP
amfbr-551	281	20	the	the	DET
amfbr-551	281	21	existence	existence	NOUN
amfbr-551	281	22	of	of	ADP
amfbr-551	281	23	an	an	DET
amfbr-551	281	24	endogenous	endogenous	ADJ
amfbr-551	281	25	lagged	lag	VERB
amfbr-551	281	26	variable	variable	NOUN
amfbr-551	281	27	on	on	ADP
amfbr-551	281	28	the	the	DET
amfbr-551	281	29	right	right	NOUN
amfbr-551	281	30	of	of	ADP
amfbr-551	281	31	the	the	DET
amfbr-551	281	32	equation	equation	NOUN
amfbr-551	281	33	.	.	PUNCT
amfbr-551	282	1	it	it	PRON
amfbr-551	282	2	should	should	AUX
amfbr-551	282	3	keep	keep	VERB
amfbr-551	282	4	in	in	ADP
amfbr-551	282	5	mind	mind	NOUN
amfbr-551	282	6	that	that	SCONJ
amfbr-551	282	7	if	if	SCONJ
amfbr-551	282	8	r2	r2	PROPN
amfbr-551	282	9	is	be	AUX
amfbr-551	282	10	high	high	ADJ
amfbr-551	282	11	,	,	PUNCT
amfbr-551	282	12	the	the	DET
amfbr-551	282	13	estimates	estimate	NOUN
amfbr-551	282	14	of	of	ADP
amfbr-551	282	15	the	the	DET
amfbr-551	282	16	equations	equation	NOUN
amfbr-551	282	17	in	in	ADP
amfbr-551	282	18	the	the	DET
amfbr-551	282	19	two	two	NUM
amfbr-551	282	20	methods	method	NOUN
amfbr-551	282	21	ols	ol	NOUN
amfbr-551	282	22	and	and	CCONJ
amfbr-551	282	23	2sls	2sls	NOUN
amfbr-551	282	24	are	be	AUX
amfbr-551	282	25	very	very	ADV
amfbr-551	282	26	close	close	ADJ
amfbr-551	282	27	to	to	ADP
amfbr-551	282	28	each	each	DET
amfbr-551	282	29	other	other	ADJ
amfbr-551	282	30	(	(	PUNCT
amfbr-551	282	31	gujarati	gujarati	PROPN
amfbr-551	282	32	,	,	PUNCT
amfbr-551	282	33	2004	2004	NUM
amfbr-551	282	34	,	,	PUNCT
amfbr-551	282	35	p.	p.	NOUN
amfbr-551	282	36	879	879	NUM
amfbr-551	282	37	)	)	PUNCT
amfbr-551	282	38	.	.	PUNCT
amfbr-551	283	1	in	in	ADP
amfbr-551	283	2	order	order	NOUN
amfbr-551	283	3	to	to	PART
amfbr-551	283	4	examine	examine	VERB
amfbr-551	283	5	the	the	DET
amfbr-551	283	6	residual	residual	ADJ
amfbr-551	283	7	stability	stability	NOUN
amfbr-551	283	8	,	,	PUNCT
amfbr-551	283	9	prior	prior	ADV
amfbr-551	283	10	to	to	ADP
amfbr-551	283	11	simulating	simulate	VERB
amfbr-551	283	12	the	the	DET
amfbr-551	283	13	actual	actual	ADJ
amfbr-551	283	14	data	datum	NOUN
amfbr-551	283	15	,	,	PUNCT
amfbr-551	283	16	it	it	PRON
amfbr-551	283	17	is	be	AUX
amfbr-551	283	18	necessary	necessary	ADJ
amfbr-551	283	19	to	to	PART
amfbr-551	283	20	examine	examine	VERB
amfbr-551	283	21	the	the	DET
amfbr-551	283	22	dickey	dickey	PROPN
amfbr-551	283	23	-	-	PUNCT
amfbr-551	283	24	fuller	full	ADJ
amfbr-551	283	25	unit	unit	NOUN
amfbr-551	283	26	root	root	NOUN
amfbr-551	283	27	test	test	NOUN
amfbr-551	283	28	according	accord	VERB
amfbr-551	283	29	to	to	ADP
amfbr-551	283	30	the	the	DET
amfbr-551	283	31	table	table	NOUN
amfbr-551	283	32	(	(	PUNCT
amfbr-551	283	33	3	3	NUM
amfbr-551	283	34	)	)	PUNCT
amfbr-551	283	35	.	.	PUNCT
amfbr-551	284	1	table	table	NOUN
amfbr-551	284	2	3	3	NUM
amfbr-551	284	3	.	.	PUNCT
amfbr-551	284	4	group	group	NOUN
amfbr-551	284	5	unit	unit	NOUN
amfbr-551	284	6	root	root	PROPN
amfbr-551	284	7	test	test	NOUN
amfbr-551	284	8	:	:	PUNCT
amfbr-551	284	9	summary	summary	NOUN
amfbr-551	284	10	series	series	NOUN
amfbr-551	284	11	:	:	PUNCT
amfbr-551	284	12	resid04	resid04	ADJ
amfbr-551	284	13	,	,	PUNCT
amfbr-551	284	14	resid06	resid06	ADJ
amfbr-551	284	15	,	,	PUNCT
amfbr-551	284	16	resid08	resid08	ADJ
amfbr-551	284	17	,	,	PUNCT
amfbr-551	284	18	resid09	resid09	ADJ
amfbr-551	284	19	,	,	PUNCT
amfbr-551	284	20	resid10	resid10	PROPN
amfbr-551	284	21	,	,	PUNCT
amfbr-551	284	22	resid11	resid11	NOUN
amfbr-551	284	23	,	,	PUNCT
amfbr-551	284	24	resid12	resid12	NOUN
amfbr-551	284	25	,	,	PUNCT
amfbr-551	284	26	resid13	resid13	NOUN
amfbr-551	284	27	date	date	NOUN
amfbr-551	284	28	:	:	PUNCT
amfbr-551	284	29	05/27/19	05/27/19	NUM
amfbr-551	284	30	time	time	NOUN
amfbr-551	284	31	:	:	PUNCT
amfbr-551	284	32	02:37	02:37	NUM
amfbr-551	284	33	sample	sample	NOUN
amfbr-551	284	34	:	:	PUNCT
amfbr-551	284	35	1338	1338	NUM
amfbr-551	284	36	1395	1395	NUM
amfbr-551	284	37	exogenous	exogenous	ADJ
amfbr-551	284	38	variables	variable	NOUN
amfbr-551	284	39	:	:	PUNCT
amfbr-551	284	40	none	none	NOUN
amfbr-551	284	41	automatic	automatic	ADJ
amfbr-551	284	42	selection	selection	NOUN
amfbr-551	284	43	of	of	ADP
amfbr-551	284	44	maximum	maximum	ADJ
amfbr-551	284	45	lags	lag	NOUN
amfbr-551	284	46	automatic	automatic	ADJ
amfbr-551	284	47	lag	lag	NOUN
amfbr-551	284	48	length	length	NOUN
amfbr-551	284	49	selection	selection	NOUN
amfbr-551	284	50	based	base	VERB
amfbr-551	284	51	on	on	ADP
amfbr-551	284	52	sic	sic	ADJ
amfbr-551	284	53	:	:	SYM
amfbr-551	284	54	0	0	NUM
amfbr-551	284	55	to	to	PART
amfbr-551	284	56	8	8	NUM
amfbr-551	284	57	newey	newey	NOUN
amfbr-551	284	58	-	-	PUNCT
amfbr-551	284	59	west	west	ADJ
amfbr-551	284	60	automatic	automatic	ADJ
amfbr-551	284	61	bandwidth	bandwidth	ADJ
amfbr-551	284	62	selection	selection	NOUN
amfbr-551	284	63	and	and	CCONJ
amfbr-551	284	64	bartlett	bartlett	PROPN
amfbr-551	284	65	kernel	kernel	PROPN
amfbr-551	284	66	cross	cross	PROPN
amfbr-551	284	67	method	method	PROPN
amfbr-551	284	68	statistic	statistic	PROPN
amfbr-551	284	69	prob	prob	NOUN
amfbr-551	284	70	.	.	PUNCT
amfbr-551	285	1	*	*	PUNCT
amfbr-551	285	2	*	*	PUNCT
amfbr-551	285	3	sections	section	NOUN
amfbr-551	285	4	obs	obs	PROPN
amfbr-551	285	5	null	null	PROPN
amfbr-551	285	6	:	:	PUNCT
amfbr-551	285	7	unit	unit	NOUN
amfbr-551	285	8	root	root	NOUN
amfbr-551	285	9	(	(	PUNCT
amfbr-551	285	10	assumes	assume	VERB
amfbr-551	285	11	common	common	ADJ
amfbr-551	285	12	unit	unit	NOUN
amfbr-551	285	13	root	root	NOUN
amfbr-551	285	14	process	process	NOUN
amfbr-551	285	15	)	)	PUNCT
amfbr-551	286	1	levin	levin	PROPN
amfbr-551	286	2	,	,	PUNCT
amfbr-551	286	3	lin	lin	PROPN
amfbr-551	286	4	&	&	CCONJ
amfbr-551	286	5	chu	chu	PROPN
amfbr-551	286	6	t	t	PROPN
amfbr-551	286	7	*	*	PROPN
amfbr-551	286	8	-18.0355	-18.0355	PROPN
amfbr-551	286	9	0.0000	0.0000	NUM
amfbr-551	286	10	8	8	NUM
amfbr-551	286	11	432	432	NUM
amfbr-551	286	12	null	null	NOUN
amfbr-551	286	13	:	:	PUNCT
amfbr-551	286	14	unit	unit	NOUN
amfbr-551	286	15	root	root	NOUN
amfbr-551	286	16	(	(	PUNCT
amfbr-551	286	17	assumes	assume	VERB
amfbr-551	286	18	individual	individual	ADJ
amfbr-551	286	19	unit	unit	NOUN
amfbr-551	286	20	root	root	NOUN
amfbr-551	286	21	process	process	NOUN
amfbr-551	286	22	)	)	PUNCT
amfbr-551	286	23	adf	adf	PROPN
amfbr-551	286	24	fisher	fisher	PROPN
amfbr-551	286	25	chi	chi	PROPN
amfbr-551	286	26	-	-	PUNCT
amfbr-551	286	27	square	square	ADJ
amfbr-551	286	28	407.884	407.884	NUM
amfbr-551	286	29	0.0000	0.0000	NUM
amfbr-551	286	30	8	8	NUM
amfbr-551	286	31	432	432	NUM
amfbr-551	286	32	pp	pp	ADP
amfbr-551	286	33	fisher	fisher	PROPN
amfbr-551	286	34	chi	chi	ADJ
amfbr-551	286	35	-	-	PUNCT
amfbr-551	286	36	square	square	ADJ
amfbr-551	286	37	933.188	933.188	NUM
amfbr-551	286	38	0.0000	0.0000	NUM
amfbr-551	286	39	8	8	NUM
amfbr-551	286	40	443	443	NUM
amfbr-551	286	41	*	*	NOUN
amfbr-551	286	42	*	*	NOUN
amfbr-551	286	43	probabilities	probability	NOUN
amfbr-551	286	44	for	for	ADP
amfbr-551	286	45	fisher	fisher	NOUN
amfbr-551	286	46	tests	test	NOUN
amfbr-551	286	47	are	be	AUX
amfbr-551	286	48	computed	compute	VERB
amfbr-551	286	49	using	use	VERB
amfbr-551	286	50	an	an	DET
amfbr-551	286	51	asymptotic	asymptotic	ADJ
amfbr-551	286	52	chi	chi	NOUN
amfbr-551	286	53	-square	-square	NOUN
amfbr-551	286	54	distribution	distribution	NOUN
amfbr-551	286	55	.	.	PUNCT
amfbr-551	287	1	all	all	DET
amfbr-551	287	2	other	other	ADJ
amfbr-551	287	3	tests	test	NOUN
amfbr-551	287	4	assume	assume	VERB
amfbr-551	287	5	asymptotic	asymptotic	ADJ
amfbr-551	287	6	normality	normality	NOUN
amfbr-551	287	7	.	.	PUNCT
amfbr-551	288	1	source	source	NOUN
amfbr-551	288	2	:	:	PUNCT
amfbr-551	288	3	obtained	obtain	VERB
amfbr-551	288	4	from	from	ADP
amfbr-551	288	5	results	result	NOUN
amfbr-551	288	6	of	of	ADP
amfbr-551	288	7	the	the	DET
amfbr-551	288	8	research	research	NOUN
amfbr-551	288	9	according	accord	VERB
amfbr-551	288	10	to	to	ADP
amfbr-551	288	11	the	the	DET
amfbr-551	288	12	statistics	statistic	NOUN
amfbr-551	288	13	of	of	ADP
amfbr-551	288	14	the	the	DET
amfbr-551	288	15	table	table	NOUN
amfbr-551	288	16	(	(	PUNCT
amfbr-551	288	17	3	3	NUM
amfbr-551	288	18	)	)	PUNCT
amfbr-551	288	19	based	base	VERB
amfbr-551	288	20	on	on	ADP
amfbr-551	288	21	the	the	DET
amfbr-551	288	22	engle	engle	NOUN
amfbr-551	288	23	-	-	PUNCT
amfbr-551	288	24	granger	granger	PROPN
amfbr-551	288	25	method	method	PROPN
amfbr-551	288	26	,	,	PUNCT
amfbr-551	288	27	the	the	DET
amfbr-551	288	28	residuals	residual	NOUN
amfbr-551	288	29	of	of	ADP
amfbr-551	288	30	the	the	DET
amfbr-551	288	31	regression	regression	NOUN
amfbr-551	288	32	equations	equation	NOUN
amfbr-551	288	33	of	of	ADP
amfbr-551	288	34	the	the	DET
amfbr-551	288	35	model	model	NOUN
amfbr-551	288	36	were	be	AUX
amfbr-551	288	37	evaluated	evaluate	VERB
amfbr-551	288	38	for	for	ADP
amfbr-551	288	39	stability	stability	NOUN
amfbr-551	288	40	,	,	PUNCT
amfbr-551	288	41	the	the	DET
amfbr-551	288	42	results	result	NOUN
amfbr-551	288	43	show	show	VERB
amfbr-551	288	44	both	both	CCONJ
amfbr-551	288	45	common	common	ADJ
amfbr-551	288	46	or	or	CCONJ
amfbr-551	288	47	individual	individual	ADJ
amfbr-551	288	48	do	do	AUX
amfbr-551	288	49	not	not	PART
amfbr-551	288	50	have	have	VERB
amfbr-551	288	51	any	any	DET
amfbr-551	288	52	unit	unit	NOUN
amfbr-551	288	53	root	root	NOUN
amfbr-551	288	54	.	.	PUNCT
amfbr-551	289	1	4.3	4.3	NUM
amfbr-551	289	2	simulation	simulation	NOUN
amfbr-551	289	3	after	after	ADP
amfbr-551	289	4	estimating	estimate	VERB
amfbr-551	289	5	the	the	DET
amfbr-551	289	6	parameters	parameter	NOUN
amfbr-551	289	7	,	,	PUNCT
amfbr-551	289	8	the	the	DET
amfbr-551	289	9	model	model	NOUN
amfbr-551	289	10	was	be	AUX
amfbr-551	289	11	solved	solve	VERB
amfbr-551	289	12	statically	statically	ADV
amfbr-551	289	13	for	for	ADP
amfbr-551	289	14	the	the	DET
amfbr-551	289	15	ex	ex	ADJ
amfbr-551	289	16	-	-	ADJ
amfbr-551	289	17	post	post	ADJ
amfbr-551	289	18	simulation	simulation	NOUN
amfbr-551	289	19	by	by	ADP
amfbr-551	289	20	using	use	VERB
amfbr-551	289	21	the	the	DET
amfbr-551	289	22	broyden	broyden	ADJ
amfbr-551	289	23	method	method	NOUN
amfbr-551	289	24	.	.	PUNCT
amfbr-551	290	1	the	the	DET
amfbr-551	290	2	time	time	NOUN
amfbr-551	290	3	searies	searie	NOUN
amfbr-551	290	4	of	of	ADP
amfbr-551	290	5	the	the	DET
amfbr-551	290	6	main	main	ADJ
amfbr-551	290	7	equation	equation	NOUN
amfbr-551	290	8	of	of	ADP
amfbr-551	290	9	the	the	DET
amfbr-551	290	10	proposed	propose	VERB
amfbr-551	290	11	model	model	NOUN
amfbr-551	290	12	for	for	ADP
amfbr-551	290	13	real	real	ADJ
amfbr-551	290	14	(	(	PUNCT
amfbr-551	290	15	squared	square	VERB
amfbr-551	290	16	)	)	PUNCT
amfbr-551	290	17	and	and	CCONJ
amfbr-551	290	18	simulated	simulate	VERB
amfbr-551	290	19	(	(	PUNCT
amfbr-551	290	20	starred	starred	ADJ
amfbr-551	290	21	)	)	PUNCT
amfbr-551	290	22	information	information	NOUN
amfbr-551	290	23	is	be	AUX
amfbr-551	290	24	shown	show	VERB
amfbr-551	290	25	in	in	ADP
amfbr-551	290	26	figure	figure	NOUN
amfbr-551	290	27	(	(	PUNCT
amfbr-551	290	28	1	1	NUM
amfbr-551	290	29	)	)	PUNCT
amfbr-551	290	30	.	.	PUNCT
amfbr-551	291	1	copyright	copyright	NOUN
amfbr-551	291	2	©	©	PROPN
amfbr-551	291	3	cc	cc	PROPN
amfbr-551	291	4	-	-	PUNCT
amfbr-551	291	5	by	by	ADP
amfbr-551	291	6	-	-	PUNCT
amfbr-551	291	7	nc	nc	PROPN
amfbr-551	291	8	2020	2020	NUM
amfbr-551	291	9	,	,	PUNCT
amfbr-551	291	10	cribfb	cribfb	PROPN
amfbr-551	291	11	|	|	ADV
amfbr-551	291	12	amfbr	amfbr	ADJ
amfbr-551	291	13	www.cribfb.com/journal/index.php/amfbr	www.cribfb.com/journal/index.php/amfbr	PROPN
amfbr-551	291	14	american	american	PROPN
amfbr-551	291	15	finance	finance	PROPN
amfbr-551	291	16	&	&	CCONJ
amfbr-551	291	17	banking	banking	PROPN
amfbr-551	291	18	review	review	PROPN
amfbr-551	291	19	vol	vol	NOUN
amfbr-551	291	20	.	.	PROPN
amfbr-551	292	1	5	5	NUM
amfbr-551	292	2	,	,	PUNCT
amfbr-551	292	3	no	no	INTJ
amfbr-551	292	4	.	.	NOUN
amfbr-551	292	5	1	1	NUM
amfbr-551	292	6	;	;	PUNCT
amfbr-551	292	7	2020	2020	NUM
amfbr-551	292	8	41	41	NUM
amfbr-551	292	9	figure	figure	NOUN
amfbr-551	292	10	(	(	PUNCT
amfbr-551	292	11	1	1	NUM
amfbr-551	292	12	):	):	PUNCT
amfbr-551	292	13	an	an	DET
amfbr-551	292	14	informal	informal	ADJ
amfbr-551	292	15	exchange	exchange	NOUN
amfbr-551	292	16	rate	rate	NOUN
amfbr-551	292	17	trend	trend	NOUN
amfbr-551	292	18	chart	chart	NOUN
amfbr-551	292	19	based	base	VERB
amfbr-551	292	20	on	on	ADP
amfbr-551	292	21	real	real	ADJ
amfbr-551	292	22	and	and	CCONJ
amfbr-551	292	23	simulated	simulated	ADJ
amfbr-551	292	24	information	information	NOUN
amfbr-551	292	25	source	source	NOUN
amfbr-551	292	26	:	:	PUNCT
amfbr-551	292	27	obtained	obtain	VERB
amfbr-551	292	28	from	from	ADP
amfbr-551	292	29	results	result	NOUN
amfbr-551	292	30	of	of	ADP
amfbr-551	292	31	the	the	DET
amfbr-551	292	32	research	research	NOUN
amfbr-551	292	33	4.4	4.4	NUM
amfbr-551	292	34	model	model	NOUN
amfbr-551	292	35	evaluation	evaluation	NOUN
amfbr-551	292	36	to	to	PART
amfbr-551	292	37	evaluate	evaluate	VERB
amfbr-551	292	38	the	the	DET
amfbr-551	292	39	model	model	NOUN
amfbr-551	292	40	,	,	PUNCT
amfbr-551	292	41	the	the	DET
amfbr-551	292	42	root	root	NOUN
amfbr-551	292	43	mean	mean	VERB
amfbr-551	292	44	square	square	ADJ
amfbr-551	292	45	error	error	NOUN
amfbr-551	292	46	(	(	PUNCT
amfbr-551	292	47	rmsp	rmsp	NOUN
amfbr-551	292	48	(	(	PUNCT
amfbr-551	292	49	e	e	NOUN
amfbr-551	292	50	)	)	PUNCT
amfbr-551	292	51	)	)	PUNCT
amfbr-551	292	52	method	method	NOUN
amfbr-551	292	53	,	,	PUNCT
amfbr-551	292	54	which	which	PRON
amfbr-551	292	55	represents	represent	VERB
amfbr-551	292	56	the	the	DET
amfbr-551	292	57	percentage	percentage	NOUN
amfbr-551	292	58	error	error	NOUN
amfbr-551	292	59	of	of	ADP
amfbr-551	292	60	the	the	DET
amfbr-551	292	61	simulated	simulate	VERB
amfbr-551	292	62	variable	variable	NOUN
amfbr-551	292	63	in	in	ADP
amfbr-551	292	64	the	the	DET
amfbr-551	292	65	model	model	NOUN
amfbr-551	292	66	,	,	PUNCT
amfbr-551	292	67	was	be	AUX
amfbr-551	292	68	used	use	VERB
amfbr-551	292	69	as	as	SCONJ
amfbr-551	292	70	follows	follow	VERB
amfbr-551	292	71	:	:	PUNCT
amfbr-551	292	72	2	2	NUM
amfbr-551	292	73	1	1	NUM
amfbr-551	292	74	(	(	PUNCT
amfbr-551	292	75	)	)	PUNCT
amfbr-551	292	76	(	(	PUNCT
amfbr-551	292	77	)	)	PUNCT
amfbr-551	292	78	100	100	NUM
amfbr-551	292	79	.	.	PUNCT
amfbr-551	293	1	m	m	VERB
amfbr-551	293	2	t	t	NOUN
amfbr-551	294	1	i	i	PRON
amfbr-551	294	2	t	t	PROPN
amfbr-551	294	3	e	e	X
amfbr-551	294	4	y	y	PROPN
amfbr-551	294	5	rmsp	rmsp	NOUN
amfbr-551	294	6	e	e	PROPN
amfbr-551	294	7	m	m	VERB
amfbr-551	294	8			VERB
amfbr-551	294	9			ADJ
amfbr-551	294	10			X
amfbr-551	294	11	(	(	PUNCT
amfbr-551	294	12	34	34	NUM
amfbr-551	294	13	)	)	PUNCT
amfbr-551	294	14	et	et	NOUN
amfbr-551	294	15	=	=	PUNCT
amfbr-551	294	16	yt	yt	PROPN
amfbr-551	294	17	–	–	PUNCT
amfbr-551	294	18	ŷ	ŷ	NUM
amfbr-551	294	19	:	:	PUNCT
amfbr-551	294	20	simulated	simulated	ADJ
amfbr-551	294	21	variable	variable	ADJ
amfbr-551	294	22	error	error	NOUN
amfbr-551	294	23	yt	yt	NOUN
amfbr-551	294	24	:	:	PUNCT
amfbr-551	294	25	the	the	DET
amfbr-551	294	26	actual	actual	ADJ
amfbr-551	294	27	variable	variable	NOUN
amfbr-551	294	28	ŷ	ŷ	PROPN
amfbr-551	294	29	:	:	PUNCT
amfbr-551	294	30	simulated	simulated	ADJ
amfbr-551	294	31	variable	variable	ADJ
amfbr-551	294	32	table	table	NOUN
amfbr-551	294	33	4	4	NUM
amfbr-551	294	34	.	.	PUNCT
amfbr-551	294	35	root	root	NOUN
amfbr-551	294	36	mean	mean	VERB
amfbr-551	294	37	square	square	ADJ
amfbr-551	294	38	error	error	NOUN
amfbr-551	294	39	of	of	ADP
amfbr-551	294	40	simulated	simulate	VERB
amfbr-551	294	41	error	error	NOUN
amfbr-551	294	42	(	(	PUNCT
amfbr-551	294	43	rmsp	rmsp	NOUN
amfbr-551	294	44	(	(	PUNCT
amfbr-551	294	45	e	e	NOUN
amfbr-551	294	46	)	)	PUNCT
amfbr-551	294	47	)	)	PUNCT
amfbr-551	294	48	1998	1998	NUM
amfbr-551	294	49	-	-	SYM
amfbr-551	294	50	2016	2016	NUM
amfbr-551	294	51	irmfyv	irmfyv	NOUN
amfbr-551	294	52	irxfyv	irxfyv	PROPN
amfbr-551	294	53	irmv	irmv	NOUN
amfbr-551	294	54	irxv	irxv	PROPN
amfbr-551	294	55	irgrtv	irgrtv	PROPN
amfbr-551	294	56	irsv	irsv	PROPN
amfbr-551	294	57	iripv	iripv	PROPN
amfbr-551	294	58	irem	irem	PROPN
amfbr-551	294	59	type	type	NOUN
amfbr-551	294	60	of	of	ADP
amfbr-551	294	61	estimation	estimation	NOUN
amfbr-551	294	62	34.09	34.09	NUM
amfbr-551	294	63	41.25	41.25	NUM
amfbr-551	294	64	48.64	48.64	NUM
amfbr-551	294	65	15.64	15.64	NUM
amfbr-551	294	66	17.88	17.88	NUM
amfbr-551	294	67	40.28	40.28	NUM
amfbr-551	294	68	10.79	10.79	NUM
amfbr-551	294	69	13.58	13.58	NUM
amfbr-551	294	70	ols	ol	NOUN
amfbr-551	294	71	34.27	34.27	NUM
amfbr-551	294	72	41.25	41.25	NUM
amfbr-551	294	73	50.61	50.61	NUM
amfbr-551	295	1	15.73	15.73	NUM
amfbr-551	295	2	17.87	17.87	NUM
amfbr-551	295	3	46.86	46.86	NUM
amfbr-551	295	4	10.64	10.64	NUM
amfbr-551	295	5	14.02	14.02	NUM
amfbr-551	295	6	2sls	2sls	NOUN
amfbr-551	295	7	35.47	35.47	NUM
amfbr-551	295	8	43.00	43.00	NUM
amfbr-551	295	9	43.50	43.50	NUM
amfbr-551	295	10	13.03	13.03	NUM
amfbr-551	295	11	16.99	16.99	NUM
amfbr-551	295	12	40.39	40.39	NUM
amfbr-551	295	13	10.64	10.64	NUM
amfbr-551	295	14	13.28	13.28	NUM
amfbr-551	295	15	3sls	3sls	NUM
amfbr-551	295	16	irpgdpm	irpgdpm	NOUN
amfbr-551	295	17	irmdcifp	irmdcifp	ADJ
amfbr-551	295	18	irxdfcpi	irxdfcpi	NOUN
amfbr-551	296	1	irmd	irmd	VERB
amfbr-551	296	2	irxd	irxd	VERB
amfbr-551	296	3	irgdpmv	irgdpmv	VERB
amfbr-551	296	4	0.000001	0.000001	NUM
amfbr-551	296	5	48.64	48.64	NUM
amfbr-551	296	6	15.64	15.64	NUM
amfbr-551	296	7	48.64	48.64	NUM
amfbr-551	296	8	15.64	15.64	NUM
amfbr-551	296	9	12.59	12.59	NUM
amfbr-551	296	10	ols	ol	NOUN
amfbr-551	296	11	0.00001	0.00001	NUM
amfbr-551	296	12	50.61	50.61	NUM
amfbr-551	296	13	15.73	15.73	NUM
amfbr-551	296	14	50.61	50.61	NUM
amfbr-551	296	15	158.73	158.73	NUM
amfbr-551	296	16	12.97	12.97	NUM
amfbr-551	296	17	2sls	2sls	NUM
amfbr-551	296	18	0.00001	0.00001	NUM
amfbr-551	296	19	43.50	43.50	NUM
amfbr-551	296	20	13.02	13.02	NUM
amfbr-551	296	21	43.50	43.50	NUM
amfbr-551	296	22	13.02	13.02	NUM
amfbr-551	296	23	10.98	10.98	NUM
amfbr-551	296	24	3sls	3sls	NUM
amfbr-551	296	25	source	source	NOUN
amfbr-551	296	26	:	:	PUNCT
amfbr-551	296	27	obtained	obtain	VERB
amfbr-551	296	28	from	from	ADP
amfbr-551	296	29	results	result	NOUN
amfbr-551	296	30	of	of	ADP
amfbr-551	296	31	the	the	DET
amfbr-551	296	32	research	research	NOUN
amfbr-551	296	33	table	table	NOUN
amfbr-551	296	34	(	(	PUNCT
amfbr-551	296	35	4	4	X
amfbr-551	296	36	)	)	PUNCT
amfbr-551	296	37	shows	show	VERB
amfbr-551	296	38	the	the	DET
amfbr-551	296	39	root	root	NOUN
amfbr-551	296	40	mean	mean	VERB
amfbr-551	296	41	square	square	ADJ
amfbr-551	296	42	error	error	NOUN
amfbr-551	296	43	of	of	ADP
amfbr-551	296	44	the	the	DET
amfbr-551	296	45	endogenous	endogenous	ADJ
amfbr-551	296	46	variables	variable	NOUN
amfbr-551	296	47	for	for	ADP
amfbr-551	296	48	the	the	DET
amfbr-551	296	49	18	18	NUM
amfbr-551	296	50	-	-	PUNCT
amfbr-551	296	51	year	year	NOUN
amfbr-551	296	52	period	period	NOUN
amfbr-551	296	53	ending	end	VERB
amfbr-551	296	54	in	in	ADP
amfbr-551	296	55	2016	2016	NUM
amfbr-551	296	56	,	,	PUNCT
amfbr-551	296	57	which	which	PRON
amfbr-551	296	58	illustrates	illustrate	VERB
amfbr-551	296	59	the	the	DET
amfbr-551	296	60	appropriate	appropriate	ADJ
amfbr-551	296	61	model	model	NOUN
amfbr-551	296	62	explanation	explanation	NOUN
amfbr-551	296	63	.	.	PUNCT
amfbr-551	297	1	4.5	4.5	NUM
amfbr-551	297	2	impulse	impulse	ADJ
amfbr-551	297	3	analysis	analysis	NOUN
amfbr-551	297	4	after	after	ADP
amfbr-551	297	5	simulation	simulation	NOUN
amfbr-551	297	6	of	of	ADP
amfbr-551	297	7	endogenous	endogenous	ADJ
amfbr-551	297	8	variables	variable	NOUN
amfbr-551	297	9	through	through	ADP
amfbr-551	297	10	comparative	comparative	ADJ
amfbr-551	297	11	static	static	ADJ
amfbr-551	297	12	solution	solution	NOUN
amfbr-551	297	13	of	of	ADP
amfbr-551	297	14	the	the	DET
amfbr-551	297	15	model	model	NOUN
amfbr-551	297	16	and	and	CCONJ
amfbr-551	297	17	examining	examine	VERB
amfbr-551	297	18	the	the	DET
amfbr-551	297	19	validity	validity	NOUN
amfbr-551	297	20	of	of	ADP
amfbr-551	297	21	the	the	DET
amfbr-551	297	22	model	model	NOUN
amfbr-551	297	23	,	,	PUNCT
amfbr-551	297	24	by	by	ADP
amfbr-551	297	25	generating	generate	VERB
amfbr-551	297	26	impulse	impulse	NOUN
amfbr-551	297	27	in	in	ADP
amfbr-551	297	28	each	each	PRON
amfbr-551	297	29	of	of	ADP
amfbr-551	297	30	the	the	DET
amfbr-551	297	31	exogenous	exogenous	ADJ
amfbr-551	297	32	variables	variable	NOUN
amfbr-551	297	33	,	,	PUNCT
amfbr-551	297	34	several	several	ADJ
amfbr-551	297	35	scenarios	scenario	NOUN
amfbr-551	297	36	can	can	AUX
amfbr-551	297	37	be	be	AUX
amfbr-551	297	38	defined	define	VERB
amfbr-551	297	39	with	with	ADP
amfbr-551	297	40	respect	respect	NOUN
amfbr-551	297	41	to	to	ADP
amfbr-551	297	42	impulse	impulse	ADJ
amfbr-551	297	43	and	and	CCONJ
amfbr-551	297	44	response	response	NOUN
amfbr-551	297	45	of	of	ADP
amfbr-551	297	46	the	the	DET
amfbr-551	297	47	endogenous	endogenous	ADJ
amfbr-551	297	48	variables	variable	NOUN
amfbr-551	297	49	.	.	PUNCT
amfbr-551	298	1	the	the	DET
amfbr-551	298	2	analysis	analysis	NOUN
amfbr-551	298	3	shows	show	VERB
amfbr-551	298	4	that	that	SCONJ
amfbr-551	298	5	despite	despite	SCONJ
amfbr-551	298	6	the	the	DET
amfbr-551	298	7	imbalances	imbalance	NOUN
amfbr-551	298	8	in	in	ADP
amfbr-551	298	9	the	the	DET
amfbr-551	298	10	real	real	ADJ
amfbr-551	298	11	sectors	sector	NOUN
amfbr-551	298	12	of	of	ADP
amfbr-551	298	13	the	the	DET
amfbr-551	298	14	economy	economy	NOUN
amfbr-551	298	15	,	,	PUNCT
amfbr-551	298	16	the	the	DET
amfbr-551	298	17	0	0	NUM
amfbr-551	298	18	5,000	5,000	NUM
amfbr-551	298	19	10,000	10,000	NUM
amfbr-551	298	20	15,000	15,000	NUM
amfbr-551	298	21	20,000	20,000	NUM
amfbr-551	298	22	25,000	25,000	NUM
amfbr-551	298	23	30,000	30,000	NUM
amfbr-551	298	24	35,000	35,000	NUM
amfbr-551	298	25	40,000	40,000	NUM
amfbr-551	298	26	40	40	NUM
amfbr-551	298	27	45	45	NUM
amfbr-551	298	28	50	50	NUM
amfbr-551	298	29	55	55	NUM
amfbr-551	298	30	60	60	NUM
amfbr-551	298	31	65	65	NUM
amfbr-551	298	32	70	70	NUM
amfbr-551	298	33	75	75	NUM
amfbr-551	298	34	80	80	NUM
amfbr-551	298	35	85	85	NUM
amfbr-551	298	36	90	90	NUM
amfbr-551	298	37	95	95	NUM
amfbr-551	298	38	irem	irem	PROPN
amfbr-551	298	39	irem	irem	PROPN
amfbr-551	298	40	(	(	PUNCT
amfbr-551	298	41	baseline	baseline	PROPN
amfbr-551	298	42	)	)	PUNCT
amfbr-551	298	43	irem	irem	PROPN
amfbr-551	298	44	copyright	copyright	NOUN
amfbr-551	299	1	©	©	PROPN
amfbr-551	299	2	cc	cc	PROPN
amfbr-551	299	3	-	-	PUNCT
amfbr-551	299	4	by	by	ADP
amfbr-551	299	5	-	-	PUNCT
amfbr-551	299	6	nc	nc	PROPN
amfbr-551	299	7	2020	2020	NUM
amfbr-551	299	8	,	,	PUNCT
amfbr-551	299	9	cribfb	cribfb	PROPN
amfbr-551	299	10	|	|	ADV
amfbr-551	299	11	amfbr	amfbr	ADJ
amfbr-551	299	12	www.cribfb.com/journal/index.php/amfbr	www.cribfb.com/journal/index.php/amfbr	PROPN
amfbr-551	299	13	american	american	PROPN
amfbr-551	299	14	finance	finance	PROPN
amfbr-551	299	15	&	&	CCONJ
amfbr-551	299	16	banking	banking	PROPN
amfbr-551	299	17	review	review	PROPN
amfbr-551	299	18	vol	vol	NOUN
amfbr-551	299	19	.	.	PROPN
amfbr-551	300	1	5	5	NUM
amfbr-551	300	2	,	,	PUNCT
amfbr-551	300	3	no	no	INTJ
amfbr-551	300	4	.	.	NOUN
amfbr-551	300	5	1	1	NUM
amfbr-551	300	6	;	;	PUNCT
amfbr-551	300	7	2020	2020	NUM
amfbr-551	300	8	42	42	NUM
amfbr-551	300	9	unofficial	unofficial	ADJ
amfbr-551	300	10	market	market	NOUN
amfbr-551	300	11	exchange	exchange	NOUN
amfbr-551	300	12	rate	rate	NOUN
amfbr-551	300	13	does	do	AUX
amfbr-551	300	14	not	not	PART
amfbr-551	300	15	fluctuate	fluctuate	VERB
amfbr-551	300	16	if	if	SCONJ
amfbr-551	300	17	internal	internal	ADJ
amfbr-551	300	18	and	and	CCONJ
amfbr-551	300	19	external	external	ADJ
amfbr-551	300	20	imbalances	imbalance	NOUN
amfbr-551	300	21	are	be	AUX
amfbr-551	300	22	cleared	clear	VERB
amfbr-551	300	23	through	through	ADP
amfbr-551	300	24	the	the	DET
amfbr-551	300	25	trade	trade	NOUN
amfbr-551	300	26	-	-	PUNCT
amfbr-551	300	27	off	off	NOUN
amfbr-551	300	28	private	private	ADJ
amfbr-551	300	29	,	,	PUNCT
amfbr-551	300	30	government	government	NOUN
amfbr-551	300	31	and	and	CCONJ
amfbr-551	300	32	bop	bop	NOUN
amfbr-551	300	33	imbalances	imbalance	NOUN
amfbr-551	300	34	.	.	PUNCT
amfbr-551	301	1	the	the	DET
amfbr-551	301	2	response	response	NOUN
amfbr-551	301	3	of	of	ADP
amfbr-551	301	4	the	the	DET
amfbr-551	301	5	impulses	impulse	NOUN
amfbr-551	301	6	considered	consider	VERB
amfbr-551	301	7	varies	vary	VERB
amfbr-551	301	8	according	accord	VERB
amfbr-551	301	9	to	to	ADP
amfbr-551	301	10	the	the	DET
amfbr-551	301	11	type	type	NOUN
amfbr-551	301	12	of	of	ADP
amfbr-551	301	13	relationship	relationship	NOUN
amfbr-551	301	14	of	of	ADP
amfbr-551	301	15	the	the	DET
amfbr-551	301	16	exogenous	exogenous	ADJ
amfbr-551	301	17	variables	variable	NOUN
amfbr-551	301	18	.	.	PUNCT
amfbr-551	302	1	various	various	ADJ
amfbr-551	302	2	scenarios	scenario	NOUN
amfbr-551	302	3	with	with	ADP
amfbr-551	302	4	the	the	DET
amfbr-551	302	5	assumption	assumption	NOUN
amfbr-551	302	6	that	that	SCONJ
amfbr-551	302	7	other	other	ADJ
amfbr-551	302	8	conditions	condition	NOUN
amfbr-551	302	9	are	be	AUX
amfbr-551	302	10	stable	stable	ADJ
amfbr-551	302	11	(	(	PUNCT
amfbr-551	302	12	ceteris	ceteris	NOUN
amfbr-551	302	13	paribus	paribus	NOUN
amfbr-551	302	14	)	)	PUNCT
amfbr-551	302	15	over	over	ADP
amfbr-551	302	16	the	the	DET
amfbr-551	302	17	18	18	NUM
amfbr-551	302	18	-	-	PUNCT
amfbr-551	302	19	year	year	NOUN
amfbr-551	302	20	period	period	NOUN
amfbr-551	302	21	ending	end	VERB
amfbr-551	302	22	in	in	ADP
amfbr-551	302	23	2016	2016	NUM
amfbr-551	302	24	are	be	AUX
amfbr-551	302	25	shown	show	VERB
amfbr-551	302	26	in	in	ADP
amfbr-551	302	27	table	table	NOUN
amfbr-551	302	28	(	(	PUNCT
amfbr-551	302	29	5	5	NUM
amfbr-551	302	30	)	)	PUNCT
amfbr-551	302	31	.	.	PUNCT
amfbr-551	303	1	table	table	NOUN
amfbr-551	303	2	5	5	NUM
amfbr-551	303	3	.	.	PUNCT
amfbr-551	304	1	exchange	exchange	NOUN
amfbr-551	304	2	of	of	ADP
amfbr-551	304	3	imbalances	imbalance	NOUN
amfbr-551	304	4	in	in	ADP
amfbr-551	304	5	real	real	ADJ
amfbr-551	304	6	sector	sector	NOUN
amfbr-551	304	7	due	due	ADP
amfbr-551	304	8	to	to	ADP
amfbr-551	304	9	shocks	shock	NOUN
amfbr-551	304	10	(	(	PUNCT
amfbr-551	304	11	ols	ols	PROPN
amfbr-551	304	12	/	/	SYM
amfbr-551	304	13	2sls	2sls	PROPN
amfbr-551	304	14	/	/	SYM
amfbr-551	304	15	3sls	3sls	NUM
amfbr-551	304	16	1	1	NUM
amfbr-551	304	17	%	%	NOUN
amfbr-551	304	18	impulse	impulse	ADJ
amfbr-551	304	19	foreign	foreign	ADJ
amfbr-551	304	20	deposit	deposit	NOUN
amfbr-551	304	21	interest	interest	NOUN
amfbr-551	304	22	rate	rate	NOUN
amfbr-551	304	23	10	10	NUM
amfbr-551	304	24	%	%	NOUN
amfbr-551	304	25	impulse	impulse	ADJ
amfbr-551	304	26	foreign	foreign	ADJ
amfbr-551	304	27	prices	price	NOUN
amfbr-551	304	28	10	10	NUM
amfbr-551	304	29	%	%	NOUN
amfbr-551	304	30	impulse	impulse	ADJ
amfbr-551	304	31	effective	effective	ADJ
amfbr-551	304	32	exchange	exchange	NOUN
amfbr-551	304	33	rare	rare	ADJ
amfbr-551	304	34	1	1	NUM
amfbr-551	304	35	%	%	NOUN
amfbr-551	304	36	impulse	impulse	ADJ
amfbr-551	304	37	domestic	domestic	ADJ
amfbr-551	304	38	loan	loan	NOUN
amfbr-551	304	39	interest	interest	NOUN
amfbr-551	304	40	rate	rate	NOUN
amfbr-551	304	41	1	1	NUM
amfbr-551	304	42	%	%	NOUN
amfbr-551	304	43	impulse	impulse	ADJ
amfbr-551	304	44	domestic	domestic	ADJ
amfbr-551	304	45	deposit	deposit	NOUN
amfbr-551	304	46	interest	interest	NOUN
amfbr-551	304	47	rate	rate	NOUN
amfbr-551	304	48	10	10	NUM
amfbr-551	304	49	%	%	NOUN
amfbr-551	304	50	impulse	impulse	ADJ
amfbr-551	304	51	on	on	ADP
amfbr-551	304	52	government	government	NOUN
amfbr-551	304	53	spending	spending	NOUN
amfbr-551	304	54	type	type	NOUN
amfbr-551	304	55	of	of	ADP
amfbr-551	304	56	estimation	estimation	NOUN
amfbr-551	304	57	-1.07	-1.07	PROPN
amfbr-551	304	58	ols	ol	NOUN
amfbr-551	304	59	iripv	iripv	VERB
amfbr-551	304	60	-1.48	-1.48	PROPN
amfbr-551	304	61	2sls	2sls	NUM
amfbr-551	304	62	-1.48	-1.48	X
amfbr-551	304	63	3sls	3sls	NUM
amfbr-551	304	64	2.70	2.70	NUM
amfbr-551	304	65	ols	ol	NOUN
amfbr-551	304	66	irsv	irsv	ADV
amfbr-551	304	67	3.37	3.37	NUM
amfbr-551	304	68	2sls	2sls	NUM
amfbr-551	304	69	2.78	2.78	NUM
amfbr-551	304	70	3sls	3sls	NUM
amfbr-551	304	71	0.62	0.62	NUM
amfbr-551	304	72	2.11	2.11	NUM
amfbr-551	304	73	0.60	0.60	NUM
amfbr-551	304	74	ols	ol	NOUN
amfbr-551	304	75	irgrtv	irgrtv	VERB
amfbr-551	304	76	0.54	0.54	NUM
amfbr-551	304	77	2.11	2.11	NUM
amfbr-551	304	78	0.57	0.57	NUM
amfbr-551	304	79	2sls	2sls	NUM
amfbr-551	304	80	0.72	0.72	NUM
amfbr-551	304	81	1.72	1.72	NUM
amfbr-551	304	82	0.63	0.63	NUM
amfbr-551	304	83	3sls	3sls	NUM
amfbr-551	304	84	11.11	11.11	NUM
amfbr-551	304	85	13.53	13.53	NUM
amfbr-551	304	86	0.83	0.83	NUM
amfbr-551	304	87	ols	ol	NOUN
amfbr-551	304	88	irxv	irxv	VERB
amfbr-551	304	89	10.97	10.97	NUM
amfbr-551	304	90	13.53	13.53	NUM
amfbr-551	304	91	0.80	0.80	NUM
amfbr-551	304	92	2sls	2sls	NOUN
amfbr-551	304	93	11.18	11.18	NUM
amfbr-551	304	94	12.71	12.71	NUM
amfbr-551	304	95	0.80	0.80	NUM
amfbr-551	304	96	3sls	3sls	NUM
amfbr-551	304	97	3.25	3.25	NUM
amfbr-551	304	98	-0.12	-0.12	NUM
amfbr-551	304	99	1.74	1.74	NUM
amfbr-551	304	100	ols	ol	NOUN
amfbr-551	304	101	irmv	irmv	NOUN
amfbr-551	304	102	3.29	3.29	NUM
amfbr-551	304	103	-0.47	-0.47	NUM
amfbr-551	304	104	1.77	1.77	NUM
amfbr-551	304	105	2sls	2sls	NUM
amfbr-551	304	106	384	384	NUM
amfbr-551	304	107	-5.63	-5.63	NUM
amfbr-551	304	108	1.32	1.32	NUM
amfbr-551	304	109	3sls	3sls	NUM
amfbr-551	304	110	5.36	5.36	NUM
amfbr-551	304	111	1.87	1.87	NUM
amfbr-551	304	112	ols	ol	NOUN
amfbr-551	304	113	irxfyv	irxfyv	NOUN
amfbr-551	304	114	5.14	5.14	NUM
amfbr-551	304	115	1.79	1.79	NUM
amfbr-551	304	116	2sls	2sls	NUM
amfbr-551	304	117	5.24	5.24	NUM
amfbr-551	304	118	1.83	1.83	NUM
amfbr-551	304	119	3sls	3sls	NUM
amfbr-551	304	120	-0.11	-0.11	NUM
amfbr-551	304	121	017	017	NUM
amfbr-551	304	122	1.16	1.16	NUM
amfbr-551	304	123	0.36	0.36	NUM
amfbr-551	304	124	ols	ol	NOUN
amfbr-551	304	125	irmfyv	irmfyv	PROPN
amfbr-551	304	126	-0.10	-0.10	NUM
amfbr-551	304	127	0.11	0.11	NUM
amfbr-551	304	128	1.10	1.10	NUM
amfbr-551	304	129	0.33	0.33	NUM
amfbr-551	304	130	2sls	2sls	NUM
amfbr-551	304	131	-0.09	-0.09	NUM
amfbr-551	304	132	0.21	0.21	NUM
amfbr-551	304	133	0.73	0.73	NUM
amfbr-551	304	134	0.30	0.30	NUM
amfbr-551	304	135	3sls	3sls	NUM
amfbr-551	304	136	-0.03	-0.03	NUM
amfbr-551	304	137	-0.26	-0.26	NOUN
amfbr-551	304	138	-1.30	-1.30	NUM
amfbr-551	304	139	0.13	0.13	NUM
amfbr-551	304	140	ols	ols	PROPN
amfbr-551	304	141	irem	irem	PROPN
amfbr-551	304	142	-0.03	-0.03	PROPN
amfbr-551	304	143	-0.28	-0.28	PROPN
amfbr-551	304	144	-1.68	-1.68	PROPN
amfbr-551	304	145	0.16	0.16	NUM
amfbr-551	304	146	2sls	2sls	NUM
amfbr-551	304	147	-0.03	-0.03	NUM
amfbr-551	304	148	-0.35	-0.35	NUM
amfbr-551	304	149	-1.10	-1.10	NOUN
amfbr-551	304	150	0.09	0.09	NUM
amfbr-551	304	151	3sls	3sls	NUM
amfbr-551	304	152	source	source	NOUN
amfbr-551	304	153	:	:	PUNCT
amfbr-551	304	154	obtained	obtain	VERB
amfbr-551	304	155	from	from	ADP
amfbr-551	304	156	results	result	NOUN
amfbr-551	304	157	of	of	ADP
amfbr-551	304	158	the	the	DET
amfbr-551	304	159	research	research	NOUN
amfbr-551	304	160	according	accord	VERB
amfbr-551	304	161	to	to	ADP
amfbr-551	304	162	table	table	NOUN
amfbr-551	304	163	(	(	PUNCT
amfbr-551	304	164	5	5	NUM
amfbr-551	304	165	)	)	PUNCT
amfbr-551	304	166	,	,	PUNCT
amfbr-551	304	167	a	a	DET
amfbr-551	304	168	10	10	NUM
amfbr-551	304	169	%	%	NOUN
amfbr-551	304	170	increase	increase	NOUN
amfbr-551	304	171	in	in	ADP
amfbr-551	304	172	government	government	NOUN
amfbr-551	304	173	expenditures	expenditure	NOUN
amfbr-551	304	174	,	,	PUNCT
amfbr-551	304	175	after	after	ADP
amfbr-551	304	176	trading	trade	VERB
amfbr-551	304	177	off	off	ADP
amfbr-551	304	178	internal	internal	ADJ
amfbr-551	304	179	and	and	CCONJ
amfbr-551	304	180	external	external	ADJ
amfbr-551	304	181	imbalances	imbalance	NOUN
amfbr-551	304	182	,	,	PUNCT
amfbr-551	304	183	has	have	VERB
amfbr-551	304	184	an	an	DET
amfbr-551	304	185	effect	effect	NOUN
amfbr-551	304	186	on	on	ADP
amfbr-551	304	187	the	the	DET
amfbr-551	304	188	unofficial	unofficial	ADJ
amfbr-551	304	189	exchange	exchange	NOUN
amfbr-551	304	190	rate	rate	NOUN
amfbr-551	304	191	about	about	ADV
amfbr-551	304	192	0.09	0.09	NUM
amfbr-551	304	193	%	%	NOUN
amfbr-551	304	194	to	to	ADP
amfbr-551	304	195	0.16	0.16	NUM
amfbr-551	304	196	%	%	NOUN
amfbr-551	304	197	(	(	PUNCT
amfbr-551	304	198	in	in	ADP
amfbr-551	304	199	case	case	NOUN
amfbr-551	304	200	ceteris	ceteris	NOUN
amfbr-551	304	201	paribus	paribus	NOUN
amfbr-551	304	202	)	)	PUNCT
amfbr-551	304	203	.	.	PUNCT
amfbr-551	305	1	in	in	ADP
amfbr-551	305	2	other	other	ADJ
amfbr-551	305	3	words	word	NOUN
amfbr-551	305	4	,	,	PUNCT
amfbr-551	305	5	under	under	ADP
amfbr-551	305	6	general	general	ADJ
amfbr-551	305	7	equilibrium	equilibrium	NOUN
amfbr-551	305	8	as	as	ADV
amfbr-551	305	9	long	long	ADV
amfbr-551	305	10	as	as	SCONJ
amfbr-551	305	11	the	the	DET
amfbr-551	305	12	government	government	NOUN
amfbr-551	305	13	expenditures	expenditure	NOUN
amfbr-551	305	14	shocks	shock	NOUN
amfbr-551	305	15	are	be	AUX
amfbr-551	305	16	offset	offset	VERB
amfbr-551	305	17	through	through	ADP
amfbr-551	305	18	external	external	ADJ
amfbr-551	305	19	sector	sector	NOUN
amfbr-551	305	20	imbalances	imbalance	NOUN
amfbr-551	305	21	,	,	PUNCT
amfbr-551	305	22	it	it	PRON
amfbr-551	305	23	will	will	AUX
amfbr-551	305	24	not	not	PART
amfbr-551	305	25	have	have	VERB
amfbr-551	305	26	an	an	DET
amfbr-551	305	27	involuntary	involuntary	ADJ
amfbr-551	305	28	effect	effect	NOUN
amfbr-551	305	29	on	on	ADP
amfbr-551	305	30	the	the	DET
amfbr-551	305	31	unofficial	unofficial	ADJ
amfbr-551	305	32	exchange	exchange	NOUN
amfbr-551	305	33	rate	rate	NOUN
amfbr-551	305	34	.	.	PUNCT
amfbr-551	306	1	the	the	DET
amfbr-551	306	2	impact	impact	NOUN
amfbr-551	306	3	of	of	ADP
amfbr-551	306	4	other	other	ADJ
amfbr-551	306	5	policy	policy	NOUN
amfbr-551	306	6	variable	variable	NOUN
amfbr-551	306	7	shocks	shock	NOUN
amfbr-551	306	8	on	on	ADP
amfbr-551	306	9	unofficial	unofficial	ADJ
amfbr-551	306	10	exchange	exchange	NOUN
amfbr-551	306	11	rates	rate	NOUN
amfbr-551	306	12	such	such	ADJ
amfbr-551	306	13	as	as	ADP
amfbr-551	306	14	interest	interest	NOUN
amfbr-551	306	15	rates	rate	NOUN
amfbr-551	306	16	on	on	ADP
amfbr-551	306	17	domestic	domestic	ADJ
amfbr-551	306	18	deposits	deposit	NOUN
amfbr-551	306	19	,	,	PUNCT
amfbr-551	306	20	interest	interest	NOUN
amfbr-551	306	21	rates	rate	NOUN
amfbr-551	306	22	on	on	ADP
amfbr-551	306	23	domestic	domestic	ADJ
amfbr-551	306	24	loans	loan	NOUN
amfbr-551	306	25	,	,	PUNCT
amfbr-551	306	26	effective	effective	ADJ
amfbr-551	306	27	exchange	exchange	NOUN
amfbr-551	306	28	rates	rate	NOUN
amfbr-551	306	29	on	on	ADP
amfbr-551	306	30	exported	export	VERB
amfbr-551	306	31	-	-	PUNCT
amfbr-551	306	32	imported	import	VERB
amfbr-551	306	33	goods	good	NOUN
amfbr-551	306	34	and	and	CCONJ
amfbr-551	306	35	services	service	NOUN
amfbr-551	306	36	,	,	PUNCT
amfbr-551	306	37	exporedimported	exporedimporte	VERB
amfbr-551	306	38	factor	factor	NOUN
amfbr-551	306	39	income	income	NOUN
amfbr-551	306	40	from	from	ADP
amfbr-551	306	41	abroad	abroad	ADV
amfbr-551	306	42	,	,	PUNCT
amfbr-551	306	43	foreign	foreign	ADJ
amfbr-551	306	44	prices	price	NOUN
amfbr-551	306	45	,	,	PUNCT
amfbr-551	306	46	and	and	CCONJ
amfbr-551	306	47	foreign	foreign	ADJ
amfbr-551	306	48	interest	interest	NOUN
amfbr-551	306	49	rates	rate	NOUN
amfbr-551	306	50	can	can	AUX
amfbr-551	306	51	be	be	AUX
amfbr-551	306	52	similarly	similarly	ADV
amfbr-551	306	53	analyzed	analyze	VERB
amfbr-551	306	54	.	.	PUNCT
amfbr-551	307	1	5	5	X
amfbr-551	307	2	.	.	X
amfbr-551	307	3	concluding	conclude	VERB
amfbr-551	307	4	remarks	remark	VERB
amfbr-551	307	5	the	the	DET
amfbr-551	307	6	main	main	ADJ
amfbr-551	307	7	purpose	purpose	NOUN
amfbr-551	307	8	of	of	ADP
amfbr-551	307	9	this	this	DET
amfbr-551	307	10	paper	paper	NOUN
amfbr-551	307	11	is	be	AUX
amfbr-551	307	12	to	to	PART
amfbr-551	307	13	provide	provide	VERB
amfbr-551	307	14	a	a	DET
amfbr-551	307	15	theoretical	theoretical	ADJ
amfbr-551	307	16	framework	framework	NOUN
amfbr-551	307	17	for	for	ADP
amfbr-551	307	18	examination	examination	NOUN
amfbr-551	307	19	of	of	ADP
amfbr-551	307	20	the	the	DET
amfbr-551	307	21	relationship	relationship	NOUN
amfbr-551	307	22	between	between	ADP
amfbr-551	307	23	internal	internal	ADJ
amfbr-551	307	24	and	and	CCONJ
amfbr-551	307	25	external	external	ADJ
amfbr-551	307	26	imbalances	imbalance	NOUN
amfbr-551	307	27	and	and	CCONJ
amfbr-551	307	28	the	the	DET
amfbr-551	307	29	unofficial	unofficial	ADJ
amfbr-551	307	30	exchange	exchange	NOUN
amfbr-551	307	31	rate	rate	NOUN
amfbr-551	307	32	.	.	PUNCT
amfbr-551	308	1	based	base	VERB
amfbr-551	308	2	on	on	ADP
amfbr-551	308	3	the	the	DET
amfbr-551	308	4	extension	extension	NOUN
amfbr-551	308	5	of	of	ADP
amfbr-551	308	6	the	the	DET
amfbr-551	308	7	trilemma	trilemma	NOUN
amfbr-551	308	8	theory	theory	NOUN
amfbr-551	308	9	in	in	ADP
amfbr-551	308	10	general	general	ADJ
amfbr-551	308	11	equilibrium	equilibrium	NOUN
amfbr-551	308	12	framework	framework	NOUN
amfbr-551	308	13	,	,	PUNCT
amfbr-551	308	14	the	the	DET
amfbr-551	308	15	trade	trade	NOUN
amfbr-551	308	16	-	-	PUNCT
amfbr-551	308	17	off	off	NOUN
amfbr-551	308	18	between	between	ADP
amfbr-551	308	19	the	the	DET
amfbr-551	308	20	real	real	ADJ
amfbr-551	308	21	sector	sector	NOUN
amfbr-551	308	22	imbalances	imbalance	NOUN
amfbr-551	308	23	of	of	ADP
amfbr-551	308	24	the	the	DET
amfbr-551	308	25	economy	economy	NOUN
amfbr-551	308	26	reduces	reduce	VERB
amfbr-551	308	27	the	the	DET
amfbr-551	308	28	impact	impact	NOUN
amfbr-551	308	29	of	of	ADP
amfbr-551	308	30	internal	internal	ADJ
amfbr-551	308	31	and	and	CCONJ
amfbr-551	308	32	external	external	ADJ
amfbr-551	308	33	imbalances	imbalance	NOUN
amfbr-551	308	34	on	on	ADP
amfbr-551	308	35	the	the	DET
amfbr-551	308	36	unofficial	unofficial	ADJ
amfbr-551	308	37	exchange	exchange	NOUN
amfbr-551	308	38	rate	rate	NOUN
amfbr-551	308	39	.	.	PUNCT
amfbr-551	309	1	in	in	ADP
amfbr-551	309	2	other	other	ADJ
amfbr-551	309	3	words	word	NOUN
amfbr-551	309	4	,	,	PUNCT
amfbr-551	309	5	this	this	DET
amfbr-551	309	6	paper	paper	NOUN
amfbr-551	309	7	shows	show	VERB
amfbr-551	309	8	that	that	SCONJ
amfbr-551	309	9	the	the	DET
amfbr-551	309	10	policy	policy	NOUN
amfbr-551	309	11	variables	variable	NOUN
amfbr-551	309	12	affecting	affect	VERB
amfbr-551	309	13	the	the	DET
amfbr-551	309	14	real	real	ADJ
amfbr-551	309	15	economy	economy	NOUN
amfbr-551	309	16	components	component	NOUN
amfbr-551	309	17	so	so	SCONJ
amfbr-551	309	18	that	that	SCONJ
amfbr-551	309	19	internal	internal	ADJ
amfbr-551	309	20	and	and	CCONJ
amfbr-551	309	21	external	external	ADJ
amfbr-551	309	22	imbalances	imbalance	NOUN
amfbr-551	309	23	have	have	AUX
amfbr-551	309	24	moderated	moderate	VERB
amfbr-551	309	25	each	each	DET
amfbr-551	309	26	other	other	ADJ
amfbr-551	309	27	,	,	PUNCT
amfbr-551	309	28	it	it	PRON
amfbr-551	309	29	is	be	AUX
amfbr-551	309	30	then	then	ADV
amfbr-551	309	31	possible	possible	ADJ
amfbr-551	309	32	to	to	PART
amfbr-551	309	33	avoid	avoid	VERB
amfbr-551	309	34	high	high	ADJ
amfbr-551	309	35	volatili	volatili	NOUN
amfbr-551	309	36	ty	ty	INTJ
amfbr-551	309	37	of	of	ADP
amfbr-551	309	38	the	the	DET
amfbr-551	309	39	copyright	copyright	NOUN
amfbr-551	309	40	©	©	PROPN
amfbr-551	309	41	cc	cc	PROPN
amfbr-551	309	42	-	-	PUNCT
amfbr-551	309	43	by	by	ADP
amfbr-551	309	44	-	-	PUNCT
amfbr-551	309	45	nc	nc	PROPN
amfbr-551	309	46	2020	2020	NUM
amfbr-551	309	47	,	,	PUNCT
amfbr-551	309	48	cribfb	cribfb	PROPN
amfbr-551	309	49	|	|	ADV
amfbr-551	310	1	amfbr	amfbr	ADJ
amfbr-551	310	2	www.cribfb.com/journal/index.php/amfbr	www.cribfb.com/journal/index.php/amfbr	PROPN
amfbr-551	310	3	american	american	PROPN
amfbr-551	310	4	finance	finance	PROPN
amfbr-551	310	5	&	&	CCONJ
amfbr-551	310	6	banking	banking	PROPN
amfbr-551	310	7	review	review	PROPN
amfbr-551	310	8	vol	vol	NOUN
amfbr-551	310	9	.	.	PROPN
amfbr-551	311	1	5	5	NUM
amfbr-551	311	2	,	,	PUNCT
amfbr-551	311	3	no	no	INTJ
amfbr-551	311	4	.	.	NOUN
amfbr-551	311	5	1	1	NUM
amfbr-551	311	6	;	;	PUNCT
amfbr-551	311	7	2020	2020	NUM
amfbr-551	311	8	43	43	NUM
amfbr-551	311	9	exchange	exchange	NOUN
amfbr-551	311	10	rate	rate	NOUN
amfbr-551	311	11	as	as	ADP
amfbr-551	311	12	one	one	NUM
amfbr-551	311	13	of	of	ADP
amfbr-551	311	14	the	the	DET
amfbr-551	311	15	key	key	ADJ
amfbr-551	311	16	elements	element	NOUN
amfbr-551	311	17	of	of	ADP
amfbr-551	311	18	the	the	DET
amfbr-551	311	19	trilemma	trilemma	NOUN
amfbr-551	311	20	theory	theory	NOUN
amfbr-551	311	21	.	.	PUNCT
amfbr-551	312	1	trading	trade	VERB
amfbr-551	312	2	off	off	ADP
amfbr-551	312	3	financial	financial	ADJ
amfbr-551	312	4	imbalances	imbalance	NOUN
amfbr-551	312	5	in	in	ADP
amfbr-551	312	6	the	the	DET
amfbr-551	312	7	private	private	ADJ
amfbr-551	312	8	,	,	PUNCT
amfbr-551	312	9	public	public	ADJ
amfbr-551	312	10	and	and	CCONJ
amfbr-551	312	11	foreign	foreign	ADJ
amfbr-551	312	12	sectors	sector	NOUN
amfbr-551	312	13	of	of	ADP
amfbr-551	312	14	the	the	DET
amfbr-551	312	15	economy	economy	NOUN
amfbr-551	312	16	enables	enable	VERB
amfbr-551	312	17	the	the	DET
amfbr-551	312	18	equilibrium	equilibrium	NOUN
amfbr-551	312	19	of	of	ADP
amfbr-551	312	20	the	the	DET
amfbr-551	312	21	real	real	ADJ
amfbr-551	312	22	sector	sector	NOUN
amfbr-551	312	23	to	to	PART
amfbr-551	312	24	be	be	AUX
amfbr-551	312	25	maintained	maintain	VERB
amfbr-551	312	26	without	without	ADP
amfbr-551	312	27	involuntary	involuntary	ADJ
amfbr-551	312	28	shock	shock	NOUN
amfbr-551	312	29	(	(	PUNCT
amfbr-551	312	30	with	with	ADP
amfbr-551	312	31	other	other	ADJ
amfbr-551	312	32	factors	factor	NOUN
amfbr-551	312	33	remaining	remain	VERB
amfbr-551	312	34	constant	constant	ADJ
amfbr-551	312	35	)	)	PUNCT
amfbr-551	312	36	,	,	PUNCT
amfbr-551	312	37	and	and	CCONJ
amfbr-551	312	38	the	the	DET
amfbr-551	312	39	unofficial	unofficial	ADJ
amfbr-551	312	40	exchange	exchange	NOUN
amfbr-551	312	41	rate	rate	NOUN
amfbr-551	312	42	is	be	AUX
amfbr-551	312	43	less	less	ADV
amfbr-551	312	44	volatile	volatile	ADJ
amfbr-551	312	45	.	.	PUNCT
amfbr-551	313	1	failure	failure	NOUN
amfbr-551	313	2	to	to	ADP
amfbr-551	313	3	clear	clear	ADJ
amfbr-551	313	4	internal	internal	ADJ
amfbr-551	313	5	and	and	CCONJ
amfbr-551	313	6	external	external	ADJ
amfbr-551	313	7	imbalances	imbalance	NOUN
amfbr-551	313	8	in	in	ADP
amfbr-551	313	9	the	the	DET
amfbr-551	313	10	real	real	ADJ
amfbr-551	313	11	sector	sector	NOUN
amfbr-551	313	12	of	of	ADP
amfbr-551	313	13	the	the	DET
amfbr-551	313	14	economy	economy	NOUN
amfbr-551	313	15	,	,	PUNCT
amfbr-551	313	16	the	the	DET
amfbr-551	313	17	imbalances	imbalance	NOUN
amfbr-551	313	18	in	in	ADP
amfbr-551	313	19	the	the	DET
amfbr-551	313	20	form	form	NOUN
amfbr-551	313	21	of	of	ADP
amfbr-551	313	22	changes	change	NOUN
amfbr-551	313	23	in	in	ADP
amfbr-551	313	24	the	the	DET
amfbr-551	313	25	net	net	ADJ
amfbr-551	313	26	domestic	domestic	ADJ
amfbr-551	313	27	and	and	CCONJ
amfbr-551	313	28	foreign	foreign	ADJ
amfbr-551	313	29	assets	asset	NOUN
amfbr-551	313	30	of	of	ADP
amfbr-551	313	31	the	the	DET
amfbr-551	313	32	banking	banking	NOUN
amfbr-551	313	33	system	system	NOUN
amfbr-551	313	34	is	be	AUX
amfbr-551	313	35	transferred	transfer	VERB
amfbr-551	313	36	to	to	ADP
amfbr-551	313	37	the	the	DET
amfbr-551	313	38	unofficial	unofficial	ADJ
amfbr-551	313	39	exchange	exchange	NOUN
amfbr-551	313	40	rate	rate	NOUN
amfbr-551	313	41	.	.	PUNCT
amfbr-551	314	1	the	the	DET
amfbr-551	314	2	use	use	NOUN
amfbr-551	314	3	of	of	ADP
amfbr-551	314	4	simultaneous	simultaneous	ADJ
amfbr-551	314	5	equations	equation	NOUN
amfbr-551	314	6	for	for	ADP
amfbr-551	314	7	time	time	NOUN
amfbr-551	314	8	series	series	PROPN
amfbr-551	314	9	data	datum	NOUN
amfbr-551	314	10	of	of	ADP
amfbr-551	314	11	macroeconomic	macroeconomic	ADJ
amfbr-551	314	12	variables	variable	NOUN
amfbr-551	314	13	of	of	ADP
amfbr-551	314	14	iran	iran	PROPN
amfbr-551	314	15	proves	prove	VERB
amfbr-551	314	16	the	the	DET
amfbr-551	314	17	above	above	ADJ
amfbr-551	314	18	theory	theory	NOUN
amfbr-551	314	19	so	so	SCONJ
amfbr-551	314	20	that	that	SCONJ
amfbr-551	314	21	any	any	DET
amfbr-551	314	22	impulse	impulse	NOUN
amfbr-551	314	23	in	in	ADP
amfbr-551	314	24	the	the	DET
amfbr-551	314	25	policy	policy	NOUN
amfbr-551	314	26	variables	variable	NOUN
amfbr-551	314	27	confirms	confirm	VERB
amfbr-551	314	28	the	the	DET
amfbr-551	314	29	effect	effect	NOUN
amfbr-551	314	30	on	on	ADP
amfbr-551	314	31	the	the	DET
amfbr-551	314	32	exchange	exchange	NOUN
amfbr-551	314	33	rate	rate	NOUN
amfbr-551	314	34	.	.	PUNCT
amfbr-551	315	1	in	in	ADP
amfbr-551	315	2	other	other	ADJ
amfbr-551	315	3	words	word	NOUN
amfbr-551	315	4	,	,	PUNCT
amfbr-551	315	5	a	a	DET
amfbr-551	315	6	10	10	NUM
amfbr-551	315	7	percent	percent	NOUN
amfbr-551	315	8	increase	increase	NOUN
amfbr-551	315	9	in	in	ADP
amfbr-551	315	10	government	government	NOUN
amfbr-551	315	11	expenditures	expenditure	NOUN
amfbr-551	315	12	,	,	PUNCT
amfbr-551	315	13	will	will	AUX
amfbr-551	315	14	increase	increase	VERB
amfbr-551	315	15	the	the	DET
amfbr-551	315	16	unofficial	unofficial	ADJ
amfbr-551	315	17	exchange	exchange	NOUN
amfbr-551	315	18	rate	rate	NOUN
amfbr-551	315	19	fluctuation	fluctuation	NOUN
amfbr-551	315	20	by	by	ADP
amfbr-551	315	21	0.9	0.9	NUM
amfbr-551	315	22	-	-	SYM
amfbr-551	315	23	0.16	0.16	NUM
amfbr-551	315	24	percent	percent	NOUN
amfbr-551	315	25	.	.	PUNCT
amfbr-551	316	1	any	any	DET
amfbr-551	316	2	impulse	impulse	NOUN
amfbr-551	316	3	is	be	AUX
amfbr-551	316	4	driven	drive	VERB
amfbr-551	316	5	by	by	ADP
amfbr-551	316	6	other	other	ADJ
amfbr-551	316	7	policy	policy	NOUN
amfbr-551	316	8	variables	variable	NOUN
amfbr-551	316	9	,	,	PUNCT
amfbr-551	316	10	such	such	ADJ
amfbr-551	316	11	as	as	ADP
amfbr-551	316	12	rising	rise	VERB
amfbr-551	316	13	domestic	domestic	ADJ
amfbr-551	316	14	interest	interest	NOUN
amfbr-551	316	15	rates	rate	NOUN
amfbr-551	316	16	(	(	PUNCT
amfbr-551	316	17	which	which	PRON
amfbr-551	316	18	lead	lead	VERB
amfbr-551	316	19	to	to	ADP
amfbr-551	316	20	increased	increase	VERB
amfbr-551	316	21	national	national	ADJ
amfbr-551	316	22	savings	saving	NOUN
amfbr-551	316	23	or	or	CCONJ
amfbr-551	316	24	reduced	reduce	VERB
amfbr-551	316	25	demand	demand	NOUN
amfbr-551	316	26	for	for	ADP
amfbr-551	316	27	real	real	ADJ
amfbr-551	316	28	balances	balance	NOUN
amfbr-551	316	29	)	)	PUNCT
amfbr-551	316	30	or	or	CCONJ
amfbr-551	316	31	increasing	increase	VERB
amfbr-551	316	32	tax	tax	NOUN
amfbr-551	316	33	revenues	revenue	NOUN
amfbr-551	316	34	or	or	CCONJ
amfbr-551	316	35	affecting	affect	VERB
amfbr-551	316	36	the	the	DET
amfbr-551	316	37	external	external	ADJ
amfbr-551	316	38	sector	sector	NOUN
amfbr-551	316	39	,	,	PUNCT
amfbr-551	316	40	then	then	ADV
amfbr-551	316	41	the	the	DET
amfbr-551	316	42	imbalances	imbalance	NOUN
amfbr-551	316	43	in	in	ADP
amfbr-551	316	44	the	the	DET
amfbr-551	316	45	real	real	ADJ
amfbr-551	316	46	sector	sector	NOUN
amfbr-551	316	47	of	of	ADP
amfbr-551	316	48	the	the	DET
amfbr-551	316	49	economy	economy	NOUN
amfbr-551	316	50	can	can	AUX
amfbr-551	316	51	be	be	AUX
amfbr-551	316	52	moderated	moderate	VERB
amfbr-551	316	53	by	by	ADP
amfbr-551	316	54	the	the	DET
amfbr-551	316	55	increase	increase	NOUN
amfbr-551	316	56	in	in	ADP
amfbr-551	316	57	government	government	NOUN
amfbr-551	316	58	expenditures	expenditure	NOUN
amfbr-551	316	59	.	.	PUNCT
amfbr-551	317	1	the	the	DET
amfbr-551	317	2	issue	issue	NOUN
amfbr-551	317	3	of	of	ADP
amfbr-551	317	4	trade	trade	NOUN
amfbr-551	317	5	-	-	PUNCT
amfbr-551	317	6	off	off	NOUN
amfbr-551	317	7	between	between	ADP
amfbr-551	317	8	the	the	DET
amfbr-551	317	9	imbalances	imbalance	NOUN
amfbr-551	317	10	can	can	AUX
amfbr-551	317	11	be	be	AUX
amfbr-551	317	12	analyzed	analyze	VERB
amfbr-551	317	13	in	in	ADP
amfbr-551	317	14	the	the	DET
amfbr-551	317	15	form	form	NOUN
amfbr-551	317	16	of	of	ADP
amfbr-551	317	17	different	different	ADJ
amfbr-551	317	18	impulses	impulse	NOUN
amfbr-551	317	19	in	in	ADP
amfbr-551	317	20	policy	policy	NOUN
amfbr-551	317	21	variables	variable	NOUN
amfbr-551	317	22	and	and	CCONJ
amfbr-551	317	23	the	the	DET
amfbr-551	317	24	response	response	NOUN
amfbr-551	317	25	of	of	ADP
amfbr-551	317	26	real	real	ADJ
amfbr-551	317	27	-	-	PUNCT
amfbr-551	317	28	sector	sector	NOUN
amfbr-551	317	29	endogenous	endogenous	ADJ
amfbr-551	317	30	variables	variable	NOUN
amfbr-551	317	31	in	in	ADP
amfbr-551	317	32	different	different	ADJ
amfbr-551	317	33	scenarios	scenario	NOUN
amfbr-551	317	34	.	.	PUNCT
amfbr-551	318	1	simply	simply	ADV
amfbr-551	318	2	put	put	VERB
amfbr-551	318	3	,	,	PUNCT
amfbr-551	318	4	the	the	DET
amfbr-551	318	5	purpose	purpose	NOUN
amfbr-551	318	6	of	of	ADP
amfbr-551	318	7	this	this	DET
amfbr-551	318	8	article	article	NOUN
amfbr-551	318	9	is	be	AUX
amfbr-551	318	10	to	to	PART
amfbr-551	318	11	illustrate	illustrate	VERB
amfbr-551	318	12	the	the	DET
amfbr-551	318	13	important	important	ADJ
amfbr-551	318	14	point	point	NOUN
amfbr-551	318	15	that	that	SCONJ
amfbr-551	318	16	,	,	PUNCT
amfbr-551	318	17	as	as	ADV
amfbr-551	318	18	long	long	ADV
amfbr-551	318	19	as	as	SCONJ
amfbr-551	318	20	macroeconomic	macroeconomic	ADJ
amfbr-551	318	21	policy	policy	NOUN
amfbr-551	318	22	-	-	PUNCT
amfbr-551	318	23	making	making	NOUN
amfbr-551	318	24	has	have	VERB
amfbr-551	318	25	a	a	DET
amfbr-551	318	26	neutral	neutral	ADJ
amfbr-551	318	27	effect	effect	NOUN
amfbr-551	318	28	on	on	ADP
amfbr-551	318	29	the	the	DET
amfbr-551	318	30	financial	financial	ADJ
amfbr-551	318	31	markets	market	NOUN
amfbr-551	318	32	of	of	ADP
amfbr-551	318	33	the	the	DET
amfbr-551	318	34	private	private	ADJ
amfbr-551	318	35	sector	sector	NOUN
amfbr-551	318	36	,	,	PUNCT
amfbr-551	318	37	the	the	DET
amfbr-551	318	38	government	government	NOUN
amfbr-551	318	39	sector	sector	NOUN
amfbr-551	318	40	and	and	CCONJ
amfbr-551	318	41	the	the	DET
amfbr-551	318	42	external	external	ADJ
amfbr-551	318	43	sector	sector	NOUN
amfbr-551	318	44	,	,	PUNCT
amfbr-551	318	45	it	it	PRON
amfbr-551	318	46	does	do	AUX
amfbr-551	318	47	not	not	PART
amfbr-551	318	48	cause	cause	VERB
amfbr-551	318	49	real	real	ADJ
amfbr-551	318	50	and	and	CCONJ
amfbr-551	318	51	currency	currency	NOUN
amfbr-551	318	52	fluctuations	fluctuation	NOUN
amfbr-551	318	53	.	.	PUNCT
amfbr-551	319	1	from	from	ADP
amfbr-551	319	2	a	a	DET
amfbr-551	319	3	theoretical	theoretical	ADJ
amfbr-551	319	4	point	point	NOUN
amfbr-551	319	5	of	of	ADP
amfbr-551	319	6	view	view	NOUN
amfbr-551	319	7	,	,	PUNCT
amfbr-551	319	8	this	this	PRON
amfbr-551	319	9	can	can	AUX
amfbr-551	319	10	be	be	AUX
amfbr-551	319	11	seen	see	VERB
amfbr-551	319	12	as	as	ADP
amfbr-551	319	13	a	a	DET
amfbr-551	319	14	new	new	ADJ
amfbr-551	319	15	approach	approach	NOUN
amfbr-551	319	16	to	to	ADP
amfbr-551	319	17	the	the	DET
amfbr-551	319	18	development	development	NOUN
amfbr-551	319	19	of	of	ADP
amfbr-551	319	20	the	the	DET
amfbr-551	319	21	trilemma	trilemma	NOUN
amfbr-551	319	22	theory	theory	NOUN
amfbr-551	319	23	that	that	PRON
amfbr-551	319	24	has	have	VERB
amfbr-551	319	25	a	a	DET
amfbr-551	319	26	realistic	realistic	ADJ
amfbr-551	319	27	and	and	CCONJ
amfbr-551	319	28	practical	practical	ADJ
amfbr-551	319	29	view	view	NOUN
amfbr-551	319	30	of	of	ADP
amfbr-551	319	31	equilibrium	equilibrium	NOUN
amfbr-551	319	32	in	in	ADP
amfbr-551	319	33	the	the	DET
amfbr-551	319	34	real	real	ADJ
amfbr-551	319	35	,	,	PUNCT
amfbr-551	319	36	monetary	monetary	ADJ
amfbr-551	319	37	and	and	CCONJ
amfbr-551	319	38	foreign	foreign	ADJ
amfbr-551	319	39	exchange	exchange	NOUN
amfbr-551	319	40	rate	rate	NOUN
amfbr-551	319	41	sectors	sector	NOUN
amfbr-551	319	42	.	.	PUNCT
amfbr-551	320	1	the	the	DET
amfbr-551	320	2	econometric	econometric	ADJ
amfbr-551	320	3	study	study	NOUN
amfbr-551	320	4	of	of	ADP
amfbr-551	320	5	the	the	DET
amfbr-551	320	6	empirical	empirical	ADJ
amfbr-551	320	7	application	application	NOUN
amfbr-551	320	8	in	in	ADP
amfbr-551	320	9	this	this	DET
amfbr-551	320	10	paper	paper	NOUN
amfbr-551	320	11	suggests	suggest	VERB
amfbr-551	320	12	a	a	DET
amfbr-551	320	13	strong	strong	ADJ
amfbr-551	320	14	confirmation	confirmation	NOUN
amfbr-551	320	15	of	of	ADP
amfbr-551	320	16	the	the	DET
amfbr-551	320	17	recent	recent	ADJ
amfbr-551	320	18	expression	expression	NOUN
amfbr-551	320	19	.	.	PUNCT
amfbr-551	321	1	references	reference	NOUN
amfbr-551	321	2	aizenman	aizenman	NOUN
amfbr-551	321	3	,	,	PUNCT
amfbr-551	321	4	j.	j.	PROPN
amfbr-551	321	5	,	,	PUNCT
amfbr-551	321	6	&	&	CCONJ
amfbr-551	321	7	sengupta	sengupta	PROPN
amfbr-551	321	8	,	,	PUNCT
amfbr-551	321	9	r.	r.	PROPN
amfbr-551	321	10	(	(	PUNCT
amfbr-551	321	11	2013	2013	NUM
amfbr-551	321	12	)	)	PUNCT
amfbr-551	321	13	.	.	PUNCT
amfbr-551	322	1	financial	financial	ADJ
amfbr-551	322	2	trilemma	trilemma	NOUN
amfbr-551	322	3	in	in	ADP
amfbr-551	322	4	c	c	PROPN
amfbr-551	322	5	hina	hina	NOUN
amfbr-551	322	6	and	and	CCONJ
amfbr-551	322	7	a	a	DET
amfbr-551	322	8	comparative	comparative	ADJ
amfbr-551	322	9	analysis	analysis	NOUN
amfbr-551	322	10	with	with	ADP
amfbr-551	322	11	i	i	PROPN
amfbr-551	322	12	ndia	ndia	PROPN
amfbr-551	322	13	.	.	PUNCT
amfbr-551	323	1	pacific	pacific	PROPN
amfbr-551	323	2	economic	economic	PROPN
amfbr-551	323	3	review	review	PROPN
amfbr-551	323	4	,	,	PUNCT
amfbr-551	323	5	18(2	18(2	NUM
amfbr-551	323	6	)	)	PUNCT
amfbr-551	323	7	,	,	PUNCT
amfbr-551	323	8	123	123	NUM
amfbr-551	323	9	-	-	SYM
amfbr-551	323	10	146	146	NUM
amfbr-551	323	11	.	.	PUNCT
amfbr-551	323	12	aizenman	aizenman	NOUN
amfbr-551	323	13	,	,	PUNCT
amfbr-551	323	14	j.	j.	PROPN
amfbr-551	323	15	,	,	PUNCT
amfbr-551	323	16	&	&	CCONJ
amfbr-551	323	17	ito	ito	PROPN
amfbr-551	323	18	,	,	PUNCT
amfbr-551	323	19	h.	h.	PROPN
amfbr-551	323	20	(	(	PUNCT
amfbr-551	323	21	2014	2014	NUM
amfbr-551	323	22	)	)	PUNCT
amfbr-551	323	23	.	.	PUNCT
amfbr-551	324	1	living	live	VERB
amfbr-551	324	2	with	with	ADP
amfbr-551	324	3	the	the	DET
amfbr-551	324	4	trilemma	trilemma	NOUN
amfbr-551	324	5	constraint	constraint	NOUN
amfbr-551	324	6	:	:	PUNCT
amfbr-551	324	7	relative	relative	ADJ
amfbr-551	324	8	trilemma	trilemma	NOUN
amfbr-551	324	9	policy	policy	NOUN
amfbr-551	324	10	divergence	divergence	NOUN
amfbr-551	324	11	,	,	PUNCT
amfbr-551	324	12	crises	crisis	NOUN
amfbr-551	324	13	,	,	PUNCT
amfbr-551	324	14	and	and	CCONJ
amfbr-551	324	15	output	output	NOUN
amfbr-551	324	16	losses	loss	NOUN
amfbr-551	324	17	for	for	ADP
amfbr-551	324	18	developing	develop	VERB
amfbr-551	324	19	countries	country	NOUN
amfbr-551	324	20	.	.	PUNCT
amfbr-551	325	1	journal	journal	PROPN
amfbr-551	325	2	of	of	ADP
amfbr-551	325	3	international	international	ADJ
amfbr-551	325	4	money	money	NOUN
amfbr-551	325	5	and	and	CCONJ
amfbr-551	325	6	finance	finance	NOUN
amfbr-551	325	7	,	,	PUNCT
amfbr-551	325	8	49	49	NUM
amfbr-551	325	9	,	,	PUNCT
amfbr-551	325	10	28	28	NUM
amfbr-551	325	11	-	-	SYM
amfbr-551	325	12	51	51	NUM
amfbr-551	325	13	.	.	PUNCT
amfbr-551	326	1	allahyarifard	allahyarifard	PROPN
amfbr-551	326	2	,	,	PUNCT
amfbr-551	326	3	m.	m.	NOUN
amfbr-551	326	4	,	,	PUNCT
amfbr-551	326	5	falahi	falahi	NOUN
amfbr-551	326	6	,	,	PUNCT
amfbr-551	326	7	m.	m.	NOUN
amfbr-551	326	8	a.	a.	PROPN
amfbr-551	326	9	,	,	PUNCT
amfbr-551	326	10	karimzadeh	karimzadeh	PROPN
amfbr-551	326	11	,	,	PUNCT
amfbr-551	326	12	m.	m.	NOUN
amfbr-551	326	13	,	,	PUNCT
amfbr-551	326	14	&	&	CCONJ
amfbr-551	326	15	najimeydani	najimeydani	PROPN
amfbr-551	326	16	,	,	PUNCT
amfbr-551	326	17	a.	a.	NOUN
amfbr-551	326	18	a.	a.	NOUN
amfbr-551	326	19	(	(	PUNCT
amfbr-551	326	20	2019	2019	NUM
amfbr-551	326	21	)	)	PUNCT
amfbr-551	326	22	.	.	PUNCT
amfbr-551	327	1	the	the	DET
amfbr-551	327	2	internal	internal	ADJ
amfbr-551	327	3	and	and	CCONJ
amfbr-551	327	4	external	external	ADJ
amfbr-551	327	5	disequilibrium	disequilibrium	NOUN
amfbr-551	327	6	relationship	relationship	NOUN
amfbr-551	327	7	in	in	ADP
amfbr-551	327	8	economy	economy	NOUN
amfbr-551	327	9	and	and	CCONJ
amfbr-551	327	10	extending	extend	VERB
amfbr-551	327	11	of	of	ADP
amfbr-551	327	12	monetary	monetary	ADJ
amfbr-551	327	13	trilemma	trilemma	NOUN
amfbr-551	327	14	(	(	PUNCT
amfbr-551	327	15	the	the	DET
amfbr-551	327	16	case	case	NOUN
amfbr-551	327	17	study	study	NOUN
amfbr-551	327	18	of	of	ADP
amfbr-551	327	19	iran	iran	PROPN
amfbr-551	327	20	economy	economy	PROPN
amfbr-551	327	21	)	)	PUNCT
amfbr-551	327	22	.	.	PUNCT
amfbr-551	328	1	econometric	econometric	ADJ
amfbr-551	328	2	modelling	modelling	NOUN
amfbr-551	328	3	,	,	PUNCT
amfbr-551	328	4	4(2	4(2	NUM
amfbr-551	328	5	)	)	PUNCT
amfbr-551	328	6	,	,	PUNCT
amfbr-551	328	7	77	77	NUM
amfbr-551	328	8	-	-	SYM
amfbr-551	328	9	108	108	NUM
amfbr-551	328	10	.	.	PUNCT
amfbr-551	329	1	baltagi	baltagi	NOUN
amfbr-551	329	2	,	,	PUNCT
amfbr-551	329	3	b.	b.	PROPN
amfbr-551	329	4	h.	h.	PROPN
amfbr-551	329	5	(	(	PUNCT
amfbr-551	329	6	2008	2008	NUM
amfbr-551	329	7	)	)	PUNCT
amfbr-551	329	8	.	.	PUNCT
amfbr-551	330	1	econometrics	econometric	NOUN
amfbr-551	330	2	.	.	PUNCT
amfbr-551	331	1	4th	4th	ADJ
amfbr-551	331	2	ed	ed	NOUN
amfbr-551	331	3	.	.	PROPN
amfbr-551	331	4	,	,	PUNCT
amfbr-551	331	5	berlin	berlin	PROPN
amfbr-551	331	6	,	,	PUNCT
amfbr-551	331	7	springer	springer	NOUN
amfbr-551	331	8	.	.	PUNCT
amfbr-551	332	1	bidabad	bidabad	PROPN
amfbr-551	332	2	,	,	PUNCT
amfbr-551	332	3	b.	b.	PROPN
amfbr-551	332	4	(	(	PUNCT
amfbr-551	332	5	2005	2005	NUM
amfbr-551	332	6	)	)	PUNCT
amfbr-551	332	7	.	.	PUNCT
amfbr-551	333	1	macroeconometric	macroeconometric	ADJ
amfbr-551	333	2	model	model	NOUN
amfbr-551	333	3	of	of	ADP
amfbr-551	333	4	iran	iran	PROPN
amfbr-551	333	5	.	.	PUNCT
amfbr-551	334	1	5th	5th	ADJ
amfbr-551	334	2	ed	ed	NOUN
amfbr-551	334	3	.	.	PROPN
amfbr-551	334	4	,	,	PUNCT
amfbr-551	334	5	tehran	tehran	PROPN
amfbr-551	334	6	:	:	PUNCT
amfbr-551	334	7	monetary	monetary	PROPN
amfbr-551	334	8	&	&	CCONJ
amfbr-551	334	9	banking	banking	PROPN
amfbr-551	334	10	research	research	PROPN
amfbr-551	334	11	institute	institute	PROPN
amfbr-551	334	12	of	of	ADP
amfbr-551	334	13	iran	iran	PROPN
amfbr-551	334	14	.	.	PUNCT
amfbr-551	335	1	fleming	fleming	PROPN
amfbr-551	335	2	,	,	PUNCT
amfbr-551	335	3	j.m	j.m	PROPN
amfbr-551	335	4	.	.	PROPN
amfbr-551	335	5	(	(	PUNCT
amfbr-551	335	6	1962	1962	NUM
amfbr-551	335	7	)	)	PUNCT
amfbr-551	335	8	.	.	PUNCT
amfbr-551	336	1	domestic	domestic	ADJ
amfbr-551	336	2	financial	financial	ADJ
amfbr-551	336	3	policies	policy	NOUN
amfbr-551	336	4	under	under	ADP
amfbr-551	336	5	fixed	fix	VERB
amfbr-551	336	6	and	and	CCONJ
amfbr-551	336	7	under	under	ADP
amfbr-551	336	8	floating	float	VERB
amfbr-551	336	9	exchange	exchange	NOUN
amfbr-551	336	10	rates	rate	NOUN
amfbr-551	336	11	.	.	PUNCT
amfbr-551	337	1	imf	imf	PROPN
amfbr-551	337	2	econ	econ	PROPN
amfbr-551	337	3	rev	rev	PROPN
amfbr-551	337	4	,	,	PUNCT
amfbr-551	337	5	9(3	9(3	NUM
amfbr-551	337	6	)	)	PUNCT
amfbr-551	337	7	,	,	PUNCT
amfbr-551	337	8	369–380	369–380	NUM
amfbr-551	337	9	.	.	PUNCT
amfbr-551	338	1	frankel	frankel	PROPN
amfbr-551	338	2	,	,	PUNCT
amfbr-551	338	3	j.	j.	PROPN
amfbr-551	338	4	a.	a.	PROPN
amfbr-551	338	5	(	(	PUNCT
amfbr-551	338	6	1983	1983	NUM
amfbr-551	338	7	)	)	PUNCT
amfbr-551	338	8	.	.	PUNCT
amfbr-551	339	1	monetary	monetary	ADJ
amfbr-551	339	2	and	and	CCONJ
amfbr-551	339	3	portfolio	portfolio	NOUN
amfbr-551	339	4	-	-	PUNCT
amfbr-551	339	5	balance	balance	NOUN
amfbr-551	339	6	models	model	NOUN
amfbr-551	339	7	of	of	ADP
amfbr-551	339	8	exchange	exchange	NOUN
amfbr-551	339	9	rate	rate	NOUN
amfbr-551	339	10	determination	determination	NOUN
amfbr-551	339	11	,	,	PUNCT
amfbr-551	339	12	in	in	ADP
amfbr-551	339	13	economic	economic	ADJ
amfbr-551	339	14	interdependence	interdependence	NOUN
amfbr-551	339	15	and	and	CCONJ
amfbr-551	339	16	flexible	flexible	ADJ
amfbr-551	339	17	exchange	exchange	NOUN
amfbr-551	339	18	rates	rate	NOUN
amfbr-551	339	19	.	.	PUNCT
amfbr-551	340	1	js	js	ADJ
amfbr-551	340	2	bhandari	bhandari	NOUN
amfbr-551	340	3	and	and	CCONJ
amfbr-551	340	4	bh	bh	PROPN
amfbr-551	340	5	putnam	putnam	PROPN
amfbr-551	340	6	(	(	PUNCT
amfbr-551	340	7	eds	ed	NOUN
amfbr-551	340	8	.	.	PUNCT
amfbr-551	340	9	)	)	PUNCT
amfbr-551	340	10	,	,	PUNCT
amfbr-551	340	11	mit	mit	PROPN
amfbr-551	340	12	press	press	PROPN
amfbr-551	340	13	,	,	PUNCT
amfbr-551	340	14	cambridge	cambridge	PROPN
amfbr-551	340	15	ma	ma	PROPN
amfbr-551	340	16	.	.	PROPN
amfbr-551	340	17	greene	greene	PROPN
amfbr-551	340	18	,	,	PUNCT
amfbr-551	340	19	w.	w.	PROPN
amfbr-551	340	20	h.	h.	PROPN
amfbr-551	340	21	(	(	PUNCT
amfbr-551	340	22	2002	2002	NUM
amfbr-551	340	23	)	)	PUNCT
amfbr-551	340	24	.	.	PUNCT
amfbr-551	341	1	econometric	econometric	ADJ
amfbr-551	341	2	analysis	analysis	NOUN
amfbr-551	341	3	,	,	PUNCT
amfbr-551	341	4	5th	5th	ADJ
amfbr-551	341	5	edition	edition	NOUN
amfbr-551	341	6	.	.	PUNCT
amfbr-551	342	1	prentice	prentice	PROPN
amfbr-551	342	2	hall	hall	PROPN
amfbr-551	342	3	:	:	PUNCT
amfbr-551	342	4	upper	upper	ADJ
amfbr-551	342	5	saddle	saddle	PROPN
amfbr-551	342	6	river	river	PROPN
amfbr-551	342	7	,	,	PUNCT
amfbr-551	342	8	nj	nj	PROPN
amfbr-551	342	9	.	.	PUNCT
amfbr-551	343	1	gujarati	gujarati	PROPN
amfbr-551	343	2	,	,	PUNCT
amfbr-551	343	3	d.	d.	PROPN
amfbr-551	343	4	(	(	PUNCT
amfbr-551	343	5	2004	2004	NUM
amfbr-551	343	6	)	)	PUNCT
amfbr-551	343	7	.	.	PUNCT
amfbr-551	344	1	basic	basic	ADJ
amfbr-551	344	2	econometrics	econometric	NOUN
amfbr-551	344	3	.	.	PUNCT
amfbr-551	345	1	translated	translate	VERB
amfbr-551	345	2	by	by	ADP
amfbr-551	345	3	abrishami	abrishami	PROPN
amfbr-551	345	4	,	,	PUNCT
amfbr-551	345	5	hamid	hamid	PROPN
amfbr-551	345	6	,	,	PUNCT
amfbr-551	345	7	tehran	tehran	PROPN
amfbr-551	345	8	university	university	NOUN
amfbr-551	345	9	publications	publication	NOUN
amfbr-551	345	10	.	.	PUNCT
amfbr-551	346	1	krugman	krugman	PROPN
amfbr-551	346	2	,	,	PUNCT
amfbr-551	346	3	p.	p.	NOUN
amfbr-551	346	4	(	(	PUNCT
amfbr-551	346	5	1979	1979	NUM
amfbr-551	346	6	)	)	PUNCT
amfbr-551	346	7	.	.	PUNCT
amfbr-551	347	1	a	a	DET
amfbr-551	347	2	model	model	NOUN
amfbr-551	347	3	of	of	ADP
amfbr-551	347	4	balance	balance	NOUN
amfbr-551	347	5	-	-	PUNCT
amfbr-551	347	6	of	of	ADP
amfbr-551	347	7	-	-	PUNCT
amfbr-551	347	8	payments	payment	NOUN
amfbr-551	347	9	crises	crisis	NOUN
amfbr-551	347	10	,	,	PUNCT
amfbr-551	347	11	journal	journal	NOUN
amfbr-551	347	12	of	of	ADP
amfbr-551	347	13	money	money	NOUN
amfbr-551	347	14	,	,	PUNCT
amfbr-551	347	15	credit	credit	NOUN
amfbr-551	347	16	and	and	CCONJ
amfbr-551	347	17	banking	banking	NOUN
amfbr-551	347	18	,	,	PUNCT
amfbr-551	347	19	11(3	11(3	NUM
amfbr-551	347	20	)	)	PUNCT
amfbr-551	347	21	,	,	PUNCT
amfbr-551	347	22	311	311	NUM
amfbr-551	347	23	-	-	SYM
amfbr-551	347	24	325	325	NUM
amfbr-551	347	25	.	.	PUNCT
amfbr-551	348	1	krugman	krugman	PROPN
amfbr-551	348	2	,	,	PUNCT
amfbr-551	348	3	p.	p.	PROPN
amfbr-551	348	4	r.	r.	PROPN
amfbr-551	348	5	(	(	PUNCT
amfbr-551	348	6	1991	1991	NUM
amfbr-551	348	7	)	)	PUNCT
amfbr-551	348	8	.	.	PUNCT
amfbr-551	349	1	target	target	NOUN
amfbr-551	349	2	zones	zone	NOUN
amfbr-551	349	3	and	and	CCONJ
amfbr-551	349	4	exchange	exchange	NOUN
amfbr-551	349	5	rate	rate	NOUN
amfbr-551	349	6	dynamics	dynamic	NOUN
amfbr-551	349	7	,	,	PUNCT
amfbr-551	349	8	the	the	DET
amfbr-551	349	9	quarterly	quarterly	ADJ
amfbr-551	349	10	journal	journal	NOUN
amfbr-551	349	11	of	of	ADP
amfbr-551	349	12	economics	economic	NOUN
amfbr-551	349	13	,	,	PUNCT
amfbr-551	349	14	106(3	106(3	NUM
amfbr-551	349	15	)	)	PUNCT
amfbr-551	349	16	,	,	PUNCT
amfbr-551	349	17	669	669	NUM
amfbr-551	349	18	-	-	SYM
amfbr-551	349	19	682	682	NUM
amfbr-551	349	20	.	.	PUNCT
amfbr-551	349	21	magas	magas	PROPN
amfbr-551	349	22	,	,	PUNCT
amfbr-551	349	23	i.	i.	PROPN
amfbr-551	349	24	(	(	PUNCT
amfbr-551	349	25	2018	2018	NUM
amfbr-551	349	26	)	)	PUNCT
amfbr-551	349	27	.	.	PUNCT
amfbr-551	350	1	financial	financial	ADJ
amfbr-551	350	2	adjustment	adjustment	NOUN
amfbr-551	350	3	in	in	ADP
amfbr-551	350	4	small	small	ADJ
amfbr-551	350	5	,	,	PUNCT
amfbr-551	350	6	open	open	ADJ
amfbr-551	350	7	economies	economy	NOUN
amfbr-551	350	8	in	in	ADP
amfbr-551	350	9	light	light	NOUN
amfbr-551	350	10	of	of	ADP
amfbr-551	350	11	the	the	DET
amfbr-551	350	12	“	"	PUNCT
amfbr-551	350	13	impossible	impossible	ADJ
amfbr-551	350	14	trinity	trinity	NOUN
amfbr-551	350	15	”	"	PUNCT
amfbr-551	350	16	trilemma	trilemma	NOUN
amfbr-551	350	17	.	.	PUNCT
amfbr-551	351	1	financial	financial	ADJ
amfbr-551	351	2	and	and	CCONJ
amfbr-551	351	3	economic	economic	ADJ
amfbr-551	351	4	review	review	NOUN
amfbr-551	351	5	,	,	PUNCT
amfbr-551	351	6	17(1	17(1	NUM
amfbr-551	351	7	)	)	PUNCT
amfbr-551	351	8	,	,	PUNCT
amfbr-551	351	9	5–33	5–33	PROPN
amfbr-551	351	10	.	.	PUNCT
amfbr-551	352	1	mankiew	mankiew	PROPN
amfbr-551	352	2	,	,	PUNCT
amfbr-551	352	3	n.	n.	PROPN
amfbr-551	352	4	g.	g.	PROPN
amfbr-551	352	5	(	(	PUNCT
amfbr-551	352	6	2016	2016	NUM
amfbr-551	352	7	)	)	PUNCT
amfbr-551	352	8	.	.	PUNCT
amfbr-551	353	1	macroeconomics	macroeconomic	NOUN
amfbr-551	353	2	,	,	PUNCT
amfbr-551	353	3	9th	9th	ADJ
amfbr-551	353	4	edition	edition	NOUN
amfbr-551	353	5	,	,	PUNCT
amfbr-551	353	6	ny	ny	PROPN
amfbr-551	353	7	,	,	PUNCT
amfbr-551	353	8	worth	worth	ADJ
amfbr-551	353	9	publishers	publisher	NOUN
amfbr-551	353	10	.	.	PUNCT
amfbr-551	354	1	mundell	mundell	PROPN
amfbr-551	354	2	,	,	PUNCT
amfbr-551	354	3	r.	r.	PROPN
amfbr-551	354	4	a.	a.	PROPN
amfbr-551	354	5	(	(	PUNCT
amfbr-551	354	6	1963	1963	NUM
amfbr-551	354	7	)	)	PUNCT
amfbr-551	354	8	.	.	PUNCT
amfbr-551	355	1	capital	capital	NOUN
amfbr-551	355	2	mobility	mobility	NOUN
amfbr-551	355	3	and	and	CCONJ
amfbr-551	355	4	stabilization	stabilization	NOUN
amfbr-551	355	5	policy	policy	NOUN
amfbr-551	355	6	under	under	ADP
amfbr-551	355	7	fixed	fix	VERB
amfbr-551	355	8	and	and	CCONJ
amfbr-551	355	9	flexible	flexible	ADJ
amfbr-551	355	10	exchange	exchange	NOUN
amfbr-551	355	11	rates	rate	NOUN
amfbr-551	355	12	.	.	PUNCT
amfbr-551	356	1	canadian	canadian	ADJ
amfbr-551	356	2	journal	journal	PROPN
amfbr-551	356	3	of	of	ADP
amfbr-551	356	4	economics	economic	NOUN
amfbr-551	356	5	and	and	CCONJ
amfbr-551	356	6	political	political	ADJ
amfbr-551	356	7	science	science	NOUN
amfbr-551	356	8	/	/	SYM
amfbr-551	356	9	revue	revue	PROPN
amfbr-551	356	10	canadienne	canadienne	PROPN
amfbr-551	356	11	de	de	X
amfbr-551	356	12	economiques	economiques	PROPN
amfbr-551	356	13	et	et	PROPN
amfbr-551	356	14	science	science	NOUN
amfbr-551	356	15	politique	politique	NOUN
amfbr-551	356	16	,	,	PUNCT
amfbr-551	356	17	29(4	29(4	NOUN
amfbr-551	356	18	)	)	PUNCT
amfbr-551	356	19	,	,	PUNCT
amfbr-551	356	20	475	475	NUM
amfbr-551	356	21	-	-	SYM
amfbr-551	356	22	485	485	NUM
amfbr-551	356	23	.	.	PUNCT
amfbr-551	357	1	maurice	maurice	NOUN
amfbr-551	357	2	,	,	PUNCT
amfbr-551	357	3	o.	o.	PROPN
amfbr-551	357	4	(	(	PUNCT
amfbr-551	357	5	2015	2015	NUM
amfbr-551	357	6	)	)	PUNCT
amfbr-551	357	7	.	.	PUNCT
amfbr-551	358	1	trilemmas	trilemma	NOUN
amfbr-551	358	2	and	and	CCONJ
amfbr-551	358	3	tradeoffs	tradeoff	NOUN
amfbr-551	358	4	:	:	PUNCT
amfbr-551	358	5	livinga	livinga	VERB
amfbr-551	358	6	with	with	ADP
amfbr-551	358	7	financial	financial	ADJ
amfbr-551	358	8	globalization	globalization	NOUN
amfbr-551	358	9	,	,	PUNCT
amfbr-551	358	10	in	in	ADP
amfbr-551	358	11	global	global	ADJ
amfbr-551	358	12	liquidity	liquidity	NOUN
amfbr-551	358	13	,	,	PUNCT
amfbr-551	358	14	spillovers	spillover	NOUN
amfbr-551	358	15	to	to	ADP
amfbr-551	358	16	emerging	emerge	VERB
amfbr-551	358	17	markets	market	NOUN
amfbr-551	358	18	and	and	CCONJ
amfbr-551	358	19	policy	policy	NOUN
amfbr-551	358	20	responses	response	NOUN
amfbr-551	358	21	,	,	PUNCT
amfbr-551	358	22	vol	vol	NOUN
amfbr-551	358	23	.	.	PROPN
amfbr-551	358	24	20	20	NUM
amfbr-551	358	25	,	,	PUNCT
amfbr-551	358	26	eds	ed	NOUN
amfbr-551	358	27	.	.	PUNCT
amfbr-551	358	28	by	by	ADP
amfbr-551	358	29	c.	c.	PROPN
amfbr-551	358	30	raddatz	raddatz	PROPN
amfbr-551	358	31	,	,	PUNCT
amfbr-551	358	32	d.	d.	PROPN
amfbr-551	358	33	saravia	saravia	PROPN
amfbr-551	358	34	,	,	PUNCT
amfbr-551	358	35	and	and	CCONJ
amfbr-551	358	36	j.	j.	PROPN
amfbr-551	358	37	ventura	ventura	PROPN
amfbr-551	358	38	of	of	ADP
amfbr-551	358	39	central	central	ADJ
amfbr-551	358	40	banking	banking	NOUN
amfbr-551	358	41	,	,	PUNCT
amfbr-551	358	42	analysis	analysis	NOUN
amfbr-551	358	43	,	,	PUNCT
amfbr-551	358	44	and	and	CCONJ
amfbr-551	358	45	economic	economic	ADJ
amfbr-551	358	46	policies	policy	NOUN
amfbr-551	358	47	book	book	NOUN
amfbr-551	358	48	series(central	series(central	PROPN
amfbr-551	358	49	bank	bank	PROPN
amfbr-551	358	50	of	of	ADP
amfbr-551	358	51	chile	chile	PROPN
amfbr-551	358	52	)	)	PUNCT
amfbr-551	358	53	,	,	PUNCT
amfbr-551	358	54	chapter	chapter	NOUN
amfbr-551	358	55	2	2	NUM
amfbr-551	358	56	,	,	PUNCT
amfbr-551	358	57	pp	pp	ADJ
amfbr-551	358	58	.	.	PUNCT
amfbr-551	359	1	13–78	13–78	X
amfbr-551	359	2	.	.	PUNCT
amfbr-551	360	1	mussa	mussa	ADJ
amfbr-551	360	2	,	,	PUNCT
amfbr-551	360	3	m.	m.	NOUN
amfbr-551	360	4	(	(	PUNCT
amfbr-551	360	5	1976	1976	NUM
amfbr-551	360	6	)	)	PUNCT
amfbr-551	360	7	.	.	PUNCT
amfbr-551	361	1	the	the	DET
amfbr-551	361	2	exchange	exchange	NOUN
amfbr-551	361	3	rate	rate	NOUN
amfbr-551	361	4	,	,	PUNCT
amfbr-551	361	5	the	the	DET
amfbr-551	361	6	balance	balance	NOUN
amfbr-551	361	7	of	of	ADP
amfbr-551	361	8	payments	payment	NOUN
amfbr-551	361	9	and	and	CCONJ
amfbr-551	361	10	monetary	monetary	ADJ
amfbr-551	361	11	and	and	CCONJ
amfbr-551	361	12	fiscal	fiscal	ADJ
amfbr-551	361	13	policy	policy	NOUN
amfbr-551	361	14	under	under	ADP
amfbr-551	361	15	a	a	DET
amfbr-551	361	16	regime	regime	NOUN
amfbr-551	361	17	of	of	ADP
amfbr-551	361	18	controlled	control	VERB
amfbr-551	361	19	floating	floating	NOUN
amfbr-551	361	20	,	,	PUNCT
amfbr-551	361	21	the	the	DET
amfbr-551	361	22	scandinavian	scandinavian	ADJ
amfbr-551	361	23	journal	journal	NOUN
amfbr-551	361	24	of	of	ADP
amfbr-551	361	25	economics	economic	NOUN
amfbr-551	361	26	,	,	PUNCT
amfbr-551	361	27	78(2	78(2	PROPN
amfbr-551	361	28	)	)	PUNCT
amfbr-551	361	29	,	,	PUNCT
amfbr-551	361	30	229	229	NUM
amfbr-551	361	31	-	-	SYM
amfbr-551	361	32	248	248	NUM
amfbr-551	361	33	,	,	PUNCT
amfbr-551	361	34	proceedings	proceeding	NOUN
amfbr-551	361	35	of	of	ADP
amfbr-551	361	36	a	a	DET
amfbr-551	361	37	conference	conference	NOUN
amfbr-551	361	38	on	on	ADP
amfbr-551	361	39	flexible	flexible	ADJ
amfbr-551	361	40	exchange	exchange	NOUN
amfbr-551	361	41	rates	rate	NOUN
amfbr-551	361	42	and	and	CCONJ
amfbr-551	361	43	stabilization	stabilization	NOUN
amfbr-551	361	44	policy	policy	NOUN
amfbr-551	361	45	.	.	PUNCT
amfbr-551	362	1	perman	perman	NOUN
amfbr-551	362	2	,	,	PUNCT
amfbr-551	362	3	r.	r.	PROPN
amfbr-551	362	4	(	(	PUNCT
amfbr-551	362	5	1991	1991	NUM
amfbr-551	362	6	)	)	PUNCT
amfbr-551	362	7	.	.	PUNCT
amfbr-551	363	1	cointegration	cointegration	NOUN
amfbr-551	363	2	:	:	PUNCT
amfbr-551	363	3	an	an	DET
amfbr-551	363	4	introduction	introduction	NOUN
amfbr-551	363	5	to	to	ADP
amfbr-551	363	6	the	the	DET
amfbr-551	363	7	literature	literature	NOUN
amfbr-551	363	8	,	,	PUNCT
amfbr-551	363	9	journal	journal	NOUN
amfbr-551	363	10	of	of	ADP
amfbr-551	363	11	economic	economic	ADJ
amfbr-551	363	12	studies	study	NOUN
amfbr-551	363	13	,	,	PUNCT
amfbr-551	363	14	18(3	18(3	NUM
amfbr-551	363	15	)	)	PUNCT
amfbr-551	363	16	,	,	PUNCT
amfbr-551	363	17	3	3	NUM
amfbr-551	363	18	-	-	SYM
amfbr-551	363	19	30	30	NUM
amfbr-551	363	20	.	.	PUNCT
amfbr-551	364	1	persons	person	NOUN
amfbr-551	364	2	,	,	PUNCT
amfbr-551	364	3	w.	w.	PROPN
amfbr-551	364	4	m.	m.	NOUN
amfbr-551	364	5	(	(	PUNCT
amfbr-551	364	6	2012	2012	NUM
amfbr-551	364	7	)	)	PUNCT
amfbr-551	364	8	.	.	PUNCT
amfbr-551	365	1	fisher	fisher	PROPN
amfbr-551	365	2	's	's	PART
amfbr-551	365	3	the	the	DET
amfbr-551	365	4	purchasing	purchase	VERB
amfbr-551	365	5	power	power	NOUN
amfbr-551	365	6	of	of	ADP
amfbr-551	365	7	money	money	NOUN
amfbr-551	365	8	,	,	PUNCT
amfbr-551	365	9	publications	publication	NOUN
amfbr-551	365	10	of	of	ADP
amfbr-551	365	11	the	the	DET
amfbr-551	365	12	american	american	PROPN
amfbr-551	365	13	statistical	statistical	PROPN
amfbr-551	365	14	association	association	NOUN
amfbr-551	365	15	,	,	PUNCT
amfbr-551	365	16	12(96	12(96	NUM
amfbr-551	365	17	)	)	PUNCT
amfbr-551	365	18	,	,	PUNCT
amfbr-551	365	19	818	818	NUM
amfbr-551	365	20	-	-	SYM
amfbr-551	365	21	829	829	NUM
amfbr-551	365	22	.	.	PUNCT
amfbr-551	366	1	pilbeam	pilbeam	NOUN
amfbr-551	366	2	,	,	PUNCT
amfbr-551	366	3	keith	keith	PROPN
amfbr-551	366	4	.	.	PUNCT
amfbr-551	367	1	(	(	PUNCT
amfbr-551	367	2	1998	1998	NUM
amfbr-551	367	3	)	)	PUNCT
amfbr-551	367	4	.	.	PUNCT
amfbr-551	368	1	international	international	ADJ
amfbr-551	368	2	finance	finance	NOUN
amfbr-551	368	3	.	.	PUNCT
amfbr-551	369	1	city	city	PROPN
amfbr-551	369	2	university	university	PROPN
amfbr-551	369	3	,	,	PUNCT
amfbr-551	369	4	london	london	PROPN
amfbr-551	369	5	,	,	PUNCT
amfbr-551	369	6	macmillan	macmillan	PROPN
amfbr-551	369	7	business	business	PROPN
amfbr-551	369	8	.	.	PUNCT
amfbr-551	370	1	pilbeam	pilbeam	NOUN
amfbr-551	370	2	,	,	PUNCT
amfbr-551	370	3	k.	k.	PROPN
amfbr-551	370	4	(	(	PUNCT
amfbr-551	370	5	1998	1998	NUM
amfbr-551	370	6	)	)	PUNCT
amfbr-551	370	7	.	.	PUNCT
amfbr-551	371	1	international	international	ADJ
amfbr-551	371	2	finance	finance	NOUN
amfbr-551	371	3	.	.	PUNCT
amfbr-551	372	1	city	city	PROPN
amfbr-551	372	2	university	university	PROPN
amfbr-551	372	3	,	,	PUNCT
amfbr-551	372	4	london	london	PROPN
amfbr-551	372	5	,	,	PUNCT
amfbr-551	372	6	macmillan	macmillan	PROPN
amfbr-551	372	7	business	business	PROPN
amfbr-551	372	8	.	.	PUNCT
amfbr-551	373	1	rey	rey	PROPN
amfbr-551	373	2	,	,	PUNCT
amfbr-551	373	3	h.	h.	PROPN
amfbr-551	373	4	(	(	PUNCT
amfbr-551	373	5	2016	2016	NUM
amfbr-551	373	6	)	)	PUNCT
amfbr-551	373	7	.	.	PUNCT
amfbr-551	374	1	international	international	ADJ
amfbr-551	374	2	channels	channel	NOUN
amfbr-551	374	3	of	of	ADP
amfbr-551	374	4	transmission	transmission	NOUN
amfbr-551	374	5	of	of	ADP
amfbr-551	374	6	monetary	monetary	ADJ
amfbr-551	374	7	policy	policy	NOUN
amfbr-551	374	8	and	and	CCONJ
amfbr-551	374	9	the	the	DET
amfbr-551	374	10	mundellian	mundellian	NOUN
amfbr-551	374	11	trilemma	trilemma	NOUN
amfbr-551	374	12	.	.	PUNCT
amfbr-551	375	1	imf	imf	PROPN
amfbr-551	375	2	economic	economic	PROPN
amfbr-551	375	3	review	review	PROPN
amfbr-551	375	4	,	,	PUNCT
amfbr-551	375	5	64(1	64(1	NUM
amfbr-551	375	6	)	)	PUNCT
amfbr-551	375	7	.	.	PUNCT
amfbr-551	376	1	copyright	copyright	NOUN
amfbr-551	376	2	©	©	PROPN
amfbr-551	376	3	cc	cc	PROPN
amfbr-551	376	4	-	-	PUNCT
amfbr-551	376	5	by	by	ADP
amfbr-551	376	6	-	-	PUNCT
amfbr-551	376	7	nc	nc	PROPN
amfbr-551	376	8	2020	2020	NUM
amfbr-551	376	9	,	,	PUNCT
amfbr-551	376	10	cribfb	cribfb	PROPN
amfbr-551	376	11	|	|	ADV
amfbr-551	376	12	amfbr	amfbr	ADJ
amfbr-551	376	13	www.cribfb.com/journal/index.php/amfbr	www.cribfb.com/journal/index.php/amfbr	PROPN
amfbr-551	376	14	american	american	PROPN
amfbr-551	376	15	finance	finance	PROPN
amfbr-551	376	16	&	&	CCONJ
amfbr-551	376	17	banking	banking	PROPN
amfbr-551	376	18	review	review	PROPN
amfbr-551	376	19	vol	vol	NOUN
amfbr-551	376	20	.	.	PROPN
amfbr-551	377	1	5	5	NUM
amfbr-551	377	2	,	,	PUNCT
amfbr-551	377	3	no	no	INTJ
amfbr-551	377	4	.	.	NOUN
amfbr-551	377	5	1	1	NUM
amfbr-551	377	6	;	;	PUNCT
amfbr-551	377	7	2020	2020	NUM
amfbr-551	377	8	44	44	NUM
amfbr-551	377	9	system	system	NOUN
amfbr-551	377	10	of	of	ADP
amfbr-551	377	11	national	national	ADJ
amfbr-551	377	12	accounts	account	NOUN
amfbr-551	377	13	.	.	PUNCT
amfbr-551	378	1	(	(	PUNCT
amfbr-551	378	2	2008	2008	NUM
amfbr-551	378	3	)	)	PUNCT
amfbr-551	378	4	.	.	PUNCT
amfbr-551	379	1	prepared	prepare	VERB
amfbr-551	379	2	under	under	ADP
amfbr-551	379	3	the	the	DET
amfbr-551	379	4	auspices	auspex	NOUN
amfbr-551	379	5	of	of	ADP
amfbr-551	379	6	the	the	DET
amfbr-551	379	7	inter	inter	ADJ
amfbr-551	379	8	-	-	ADJ
amfbr-551	379	9	secretariat	secretariat	ADJ
amfbr-551	379	10	working	working	NOUN
amfbr-551	379	11	group	group	NOUN
amfbr-551	379	12	on	on	ADP
amfbr-551	379	13	national	national	ADJ
amfbr-551	379	14	accounts	account	NOUN
amfbr-551	379	15	,	,	PUNCT
amfbr-551	379	16	1	1	NUM
amfbr-551	379	17	,	,	PUNCT
amfbr-551	379	18	456	456	NUM
amfbr-551	379	19	-	-	SYM
amfbr-551	379	20	458	458	NUM
amfbr-551	379	21	.	.	PUNCT
amfbr-551	380	1	appendices	appendix	NOUN
amfbr-551	380	2	0	0	NUM
amfbr-551	380	3	10,000	10,000	NUM
amfbr-551	380	4	20,000	20,000	NUM
amfbr-551	380	5	30,000	30,000	NUM
amfbr-551	380	6	40,000	40,000	NUM
amfbr-551	380	7	40	40	NUM
amfbr-551	380	8	45	45	NUM
amfbr-551	380	9	50	50	NUM
amfbr-551	380	10	55	55	NUM
amfbr-551	380	11	60	60	NUM
amfbr-551	380	12	65	65	NUM
amfbr-551	380	13	70	70	NUM
amfbr-551	380	14	75	75	NUM
amfbr-551	380	15	80	80	NUM
amfbr-551	380	16	85	85	NUM
amfbr-551	380	17	90	90	NUM
amfbr-551	380	18	95	95	NUM
amfbr-551	380	19	actuals	actual	NOUN
amfbr-551	380	20	irem	irem	NOUN
amfbr-551	380	21	(	(	PUNCT
amfbr-551	380	22	baseline	baseline	PROPN
amfbr-551	380	23	)	)	PUNCT
amfbr-551	380	24	irem	irem	NOUN
amfbr-551	380	25	0	0	NUM
amfbr-551	381	1	500,000	500,000	NUM
amfbr-551	381	2	1,000,000	1,000,000	NUM
amfbr-551	381	3	1,500,000	1,500,000	NUM
amfbr-551	381	4	2,000,000	2,000,000	NUM
amfbr-551	381	5	2,500,000	2,500,000	NUM
amfbr-551	381	6	40	40	NUM
amfbr-551	381	7	45	45	NUM
amfbr-551	381	8	50	50	NUM
amfbr-551	381	9	55	55	NUM
amfbr-551	381	10	60	60	NUM
amfbr-551	381	11	65	65	NUM
amfbr-551	381	12	70	70	NUM
amfbr-551	381	13	75	75	NUM
amfbr-551	381	14	80	80	NUM
amfbr-551	381	15	85	85	NUM
amfbr-551	381	16	90	90	NUM
amfbr-551	381	17	95	95	NUM
amfbr-551	381	18	actuals	actual	NOUN
amfbr-551	381	19	irgdpm	irgdpm	NOUN
amfbr-551	381	20	(	(	PUNCT
amfbr-551	381	21	baseline	baseline	NOUN
amfbr-551	381	22	)	)	PUNCT
amfbr-551	381	23	irgdp	irgdp	PROPN
amfbr-551	381	24	m	m	PROPN
amfbr-551	381	25	0	0	NUM
amfbr-551	381	26	4,000,000	4,000,000	NUM
amfbr-551	381	27	8,000,000	8,000,000	NUM
amfbr-551	381	28	12,000,000	12,000,000	NUM
amfbr-551	381	29	16,000,000	16,000,000	NUM
amfbr-551	381	30	40	40	NUM
amfbr-551	381	31	45	45	NUM
amfbr-551	381	32	50	50	NUM
amfbr-551	381	33	55	55	NUM
amfbr-551	381	34	60	60	NUM
amfbr-551	381	35	65	65	NUM
amfbr-551	381	36	70	70	NUM
amfbr-551	381	37	75	75	NUM
amfbr-551	381	38	80	80	NUM
amfbr-551	381	39	85	85	NUM
amfbr-551	381	40	90	90	NUM
amfbr-551	381	41	95	95	NUM
amfbr-551	381	42	actuals	actual	NOUN
amfbr-551	381	43	irgdpmv	irgdpmv	NOUN
amfbr-551	381	44	(	(	PUNCT
amfbr-551	381	45	baseline	baseline	NOUN
amfbr-551	381	46	)	)	PUNCT
amfbr-551	381	47	irgdp	irgdp	NOUN
amfbr-551	381	48	mv	mv	PROPN
amfbr-551	381	49	0	0	NUM
amfbr-551	381	50	200,000	200,000	NUM
amfbr-551	381	51	400,000	400,000	NUM
amfbr-551	381	52	600,000	600,000	NUM
amfbr-551	381	53	800,000	800,000	NUM
amfbr-551	381	54	1,000,000	1,000,000	NUM
amfbr-551	381	55	1,200,000	1,200,000	NUM
amfbr-551	381	56	40	40	NUM
amfbr-551	381	57	45	45	NUM
amfbr-551	381	58	50	50	NUM
amfbr-551	381	59	55	55	NUM
amfbr-551	381	60	60	60	NUM
amfbr-551	381	61	65	65	NUM
amfbr-551	381	62	70	70	NUM
amfbr-551	381	63	75	75	NUM
amfbr-551	381	64	80	80	NUM
amfbr-551	381	65	85	85	NUM
amfbr-551	381	66	90	90	NUM
amfbr-551	381	67	95	95	NUM
amfbr-551	381	68	actuals	actual	NOUN
amfbr-551	381	69	irgrtv	irgrtv	NOUN
amfbr-551	381	70	(	(	PUNCT
amfbr-551	381	71	baseline	baseline	NOUN
amfbr-551	381	72	)	)	PUNCT
amfbr-551	381	73	irgrtv	irgrtv	NOUN
amfbr-551	381	74	-1,000,000	-1,000,000	PROPN
amfbr-551	381	75	0	0	NUM
amfbr-551	381	76	1,000,000	1,000,000	NUM
amfbr-551	381	77	2,000,000	2,000,000	NUM
amfbr-551	381	78	3,000,000	3,000,000	NUM
amfbr-551	381	79	4,000,000	4,000,000	NUM
amfbr-551	381	80	40	40	NUM
amfbr-551	381	81	45	45	NUM
amfbr-551	381	82	50	50	NUM
amfbr-551	381	83	55	55	NUM
amfbr-551	381	84	60	60	NUM
amfbr-551	381	85	65	65	NUM
amfbr-551	381	86	70	70	NUM
amfbr-551	381	87	75	75	NUM
amfbr-551	381	88	80	80	NUM
amfbr-551	381	89	85	85	NUM
amfbr-551	381	90	90	90	NUM
amfbr-551	381	91	95	95	NUM
amfbr-551	381	92	actuals	actual	NOUN
amfbr-551	381	93	iripv	iripv	NOUN
amfbr-551	381	94	(	(	PUNCT
amfbr-551	381	95	baseline	baseline	NOUN
amfbr-551	381	96	)	)	PUNCT
amfbr-551	381	97	irip	irip	NOUN
amfbr-551	381	98	v	v	ADP
amfbr-551	381	99	0	0	NUM
amfbr-551	382	1	50,000	50,000	NUM
amfbr-551	382	2	100,000	100,000	NUM
amfbr-551	382	3	150,000	150,000	NUM
amfbr-551	382	4	200,000	200,000	NUM
amfbr-551	382	5	250,000	250,000	NUM
amfbr-551	382	6	40	40	NUM
amfbr-551	382	7	45	45	NUM
amfbr-551	382	8	50	50	NUM
amfbr-551	382	9	55	55	NUM
amfbr-551	382	10	60	60	NUM
amfbr-551	382	11	65	65	NUM
amfbr-551	382	12	70	70	NUM
amfbr-551	382	13	75	75	NUM
amfbr-551	382	14	80	80	NUM
amfbr-551	382	15	85	85	NUM
amfbr-551	382	16	90	90	NUM
amfbr-551	382	17	95	95	NUM
amfbr-551	382	18	actuals	actual	NOUN
amfbr-551	382	19	irmd	irmd	ADJ
amfbr-551	382	20	(	(	PUNCT
amfbr-551	382	21	baseline	baseline	PROPN
amfbr-551	382	22	)	)	PUNCT
amfbr-551	382	23	irmd	irmd	ADJ
amfbr-551	382	24	0	0	NUM
amfbr-551	382	25	500,000	500,000	NUM
amfbr-551	382	26	1,000,000	1,000,000	NUM
amfbr-551	382	27	1,500,000	1,500,000	NUM
amfbr-551	382	28	2,000,000	2,000,000	NUM
amfbr-551	382	29	2,500,000	2,500,000	NUM
amfbr-551	382	30	3,000,000	3,000,000	NUM
amfbr-551	382	31	40	40	NUM
amfbr-551	382	32	45	45	NUM
amfbr-551	382	33	50	50	NUM
amfbr-551	382	34	55	55	NUM
amfbr-551	382	35	60	60	NUM
amfbr-551	382	36	65	65	NUM
amfbr-551	382	37	70	70	NUM
amfbr-551	382	38	75	75	NUM
amfbr-551	382	39	80	80	NUM
amfbr-551	382	40	85	85	NUM
amfbr-551	382	41	90	90	NUM
amfbr-551	382	42	95	95	NUM
amfbr-551	382	43	actuals	actual	NOUN
amfbr-551	382	44	irmdcifp	irmdcifp	ADJ
amfbr-551	382	45	(	(	PUNCT
amfbr-551	382	46	baseline	baseline	NOUN
amfbr-551	382	47	)	)	PUNCT
amfbr-551	382	48	irmdcifp	irmdcifp	ADJ
amfbr-551	382	49	0	0	NUM
amfbr-551	383	1	10,000	10,000	NUM
amfbr-551	383	2	20,000	20,000	NUM
amfbr-551	383	3	30,000	30,000	NUM
amfbr-551	383	4	40,000	40,000	NUM
amfbr-551	383	5	50,000	50,000	NUM
amfbr-551	383	6	40	40	NUM
amfbr-551	383	7	45	45	NUM
amfbr-551	383	8	50	50	NUM
amfbr-551	383	9	55	55	NUM
amfbr-551	383	10	60	60	NUM
amfbr-551	383	11	65	65	NUM
amfbr-551	383	12	70	70	NUM
amfbr-551	383	13	75	75	NUM
amfbr-551	383	14	80	80	NUM
amfbr-551	383	15	85	85	NUM
amfbr-551	383	16	90	90	NUM
amfbr-551	383	17	95	95	NUM
amfbr-551	383	18	actuals	actual	NOUN
amfbr-551	383	19	irmfyv	irmfyv	NOUN
amfbr-551	383	20	(	(	PUNCT
amfbr-551	383	21	baseline	baseline	NOUN
amfbr-551	383	22	)	)	PUNCT
amfbr-551	383	23	irmfyv	irmfyv	NOUN
amfbr-551	383	24	0	0	NUM
amfbr-551	383	25	1,000,000	1,000,000	NUM
amfbr-551	383	26	2,000,000	2,000,000	NUM
amfbr-551	383	27	3,000,000	3,000,000	NUM
amfbr-551	383	28	4,000,000	4,000,000	NUM
amfbr-551	383	29	40	40	NUM
amfbr-551	383	30	45	45	NUM
amfbr-551	383	31	50	50	NUM
amfbr-551	383	32	55	55	NUM
amfbr-551	383	33	60	60	NUM
amfbr-551	383	34	65	65	NUM
amfbr-551	383	35	70	70	NUM
amfbr-551	383	36	75	75	NUM
amfbr-551	383	37	80	80	NUM
amfbr-551	383	38	85	85	NUM
amfbr-551	383	39	90	90	NUM
amfbr-551	383	40	95	95	NUM
amfbr-551	383	41	actuals	actual	NOUN
amfbr-551	383	42	irmv	irmv	NOUN
amfbr-551	383	43	(	(	PUNCT
amfbr-551	383	44	baseline	baseline	NOUN
amfbr-551	383	45	)	)	PUNCT
amfbr-551	383	46	irmv	irmv	NOUN
amfbr-551	383	47	0	0	NUM
amfbr-551	383	48	1	1	NUM
amfbr-551	383	49	2	2	NUM
amfbr-551	383	50	3	3	NUM
amfbr-551	383	51	4	4	NUM
amfbr-551	383	52	5	5	NUM
amfbr-551	383	53	6	6	NUM
amfbr-551	383	54	40	40	NUM
amfbr-551	383	55	45	45	NUM
amfbr-551	383	56	50	50	NUM
amfbr-551	383	57	55	55	NUM
amfbr-551	383	58	60	60	NUM
amfbr-551	383	59	65	65	NUM
amfbr-551	383	60	70	70	NUM
amfbr-551	383	61	75	75	NUM
amfbr-551	383	62	80	80	NUM
amfbr-551	383	63	85	85	NUM
amfbr-551	383	64	90	90	NUM
amfbr-551	383	65	95	95	NUM
amfbr-551	383	66	actuals	actual	NOUN
amfbr-551	383	67	irpgdpm	irpgdpm	NOUN
amfbr-551	383	68	(	(	PUNCT
amfbr-551	383	69	baseline	baseline	NOUN
amfbr-551	383	70	)	)	PUNCT
amfbr-551	383	71	irp	irp	NOUN
amfbr-551	383	72	gdp	gdp	PROPN
amfbr-551	383	73	m	m	PROPN
amfbr-551	383	74	-2,000,000	-2,000,000	NUM
amfbr-551	383	75	0	0	NUM
amfbr-551	383	76	2,000,000	2,000,000	NUM
amfbr-551	383	77	4,000,000	4,000,000	NUM
amfbr-551	383	78	6,000,000	6,000,000	NUM
amfbr-551	383	79	40	40	NUM
amfbr-551	383	80	45	45	NUM
amfbr-551	383	81	50	50	NUM
amfbr-551	383	82	55	55	NUM
amfbr-551	383	83	60	60	NUM
amfbr-551	383	84	65	65	NUM
amfbr-551	383	85	70	70	NUM
amfbr-551	383	86	75	75	NUM
amfbr-551	383	87	80	80	NUM
amfbr-551	383	88	85	85	NUM
amfbr-551	383	89	90	90	NUM
amfbr-551	383	90	95	95	NUM
amfbr-551	383	91	actuals	actual	NOUN
amfbr-551	383	92	irsv	irsv	NOUN
amfbr-551	383	93	(	(	PUNCT
amfbr-551	383	94	baseline	baseline	PROPN
amfbr-551	383	95	)	)	PUNCT
amfbr-551	384	1	irsv	irsv	ADV
amfbr-551	384	2	0	0	NUM
amfbr-551	384	3	40,000	40,000	NUM
amfbr-551	384	4	80,000	80,000	NUM
amfbr-551	384	5	120,000	120,000	NUM
amfbr-551	384	6	160,000	160,000	NUM
amfbr-551	384	7	40	40	NUM
amfbr-551	384	8	45	45	NUM
amfbr-551	384	9	50	50	NUM
amfbr-551	384	10	55	55	NUM
amfbr-551	384	11	60	60	NUM
amfbr-551	384	12	65	65	NUM
amfbr-551	384	13	70	70	NUM
amfbr-551	384	14	75	75	NUM
amfbr-551	384	15	80	80	NUM
amfbr-551	384	16	85	85	NUM
amfbr-551	384	17	90	90	NUM
amfbr-551	384	18	95	95	NUM
amfbr-551	384	19	actuals	actual	NOUN
amfbr-551	384	20	irxd	irxd	NOUN
amfbr-551	384	21	(	(	PUNCT
amfbr-551	384	22	baseline	baseline	NOUN
amfbr-551	384	23	)	)	PUNCT
amfbr-551	384	24	irxd	irxd	NOUN
amfbr-551	384	25	0	0	NUM
amfbr-551	384	26	50,000	50,000	NUM
amfbr-551	384	27	100,000	100,000	NUM
amfbr-551	384	28	150,000	150,000	NUM
amfbr-551	384	29	200,000	200,000	NUM
amfbr-551	384	30	40	40	NUM
amfbr-551	384	31	45	45	NUM
amfbr-551	384	32	50	50	NUM
amfbr-551	384	33	55	55	NUM
amfbr-551	384	34	60	60	NUM
amfbr-551	384	35	65	65	NUM
amfbr-551	384	36	70	70	NUM
amfbr-551	384	37	75	75	NUM
amfbr-551	384	38	80	80	NUM
amfbr-551	384	39	85	85	NUM
amfbr-551	384	40	90	90	NUM
amfbr-551	384	41	95	95	NUM
amfbr-551	384	42	actuals	actual	NOUN
amfbr-551	384	43	irxdfcpi	irxdfcpi	NOUN
amfbr-551	384	44	(	(	PUNCT
amfbr-551	384	45	baseline	baseline	PROPN
amfbr-551	384	46	)	)	PUNCT
amfbr-551	384	47	irxdfcp	irxdfcp	VERB
amfbr-551	384	48	i	i	PRON
amfbr-551	384	49	-20,000	-20,000	PROPN
amfbr-551	384	50	0	0	NUM
amfbr-551	385	1	20,000	20,000	NUM
amfbr-551	385	2	40,000	40,000	NUM
amfbr-551	385	3	60,000	60,000	NUM
amfbr-551	385	4	80,000	80,000	NUM
amfbr-551	385	5	40	40	NUM
amfbr-551	385	6	45	45	NUM
amfbr-551	385	7	50	50	NUM
amfbr-551	385	8	55	55	NUM
amfbr-551	385	9	60	60	NUM
amfbr-551	385	10	65	65	NUM
amfbr-551	385	11	70	70	NUM
amfbr-551	385	12	75	75	NUM
amfbr-551	385	13	80	80	NUM
amfbr-551	385	14	85	85	NUM
amfbr-551	385	15	90	90	NUM
amfbr-551	385	16	95	95	NUM
amfbr-551	385	17	actuals	actual	NOUN
amfbr-551	385	18	irxfyv	irxfyv	NOUN
amfbr-551	385	19	(	(	PUNCT
amfbr-551	385	20	baseline	baseline	NOUN
amfbr-551	385	21	)	)	PUNCT
amfbr-551	385	22	irxfyv	irxfyv	NOUN
amfbr-551	385	23	0	0	NUM
amfbr-551	385	24	1,000,000	1,000,000	NUM
amfbr-551	385	25	2,000,000	2,000,000	NUM
amfbr-551	385	26	3,000,000	3,000,000	NUM
amfbr-551	385	27	4,000,000	4,000,000	NUM
amfbr-551	385	28	40	40	NUM
amfbr-551	385	29	45	45	NUM
amfbr-551	385	30	50	50	NUM
amfbr-551	385	31	55	55	NUM
amfbr-551	385	32	60	60	NUM
amfbr-551	385	33	65	65	NUM
amfbr-551	385	34	70	70	NUM
amfbr-551	385	35	75	75	NUM
amfbr-551	385	36	80	80	NUM
amfbr-551	385	37	85	85	NUM
amfbr-551	385	38	90	90	NUM
amfbr-551	385	39	95	95	NUM
amfbr-551	385	40	actuals	actual	NOUN
amfbr-551	385	41	irxv	irxv	NOUN
amfbr-551	385	42	(	(	PUNCT
amfbr-551	385	43	baseline	baseline	PROPN
amfbr-551	385	44	)	)	PUNCT
amfbr-551	385	45	irxv	irxv	PROPN
amfbr-551	385	46	ols	ols	PROPN
amfbr-551	385	47	-	-	PUNCT
amfbr-551	385	48	simulation	simulation	NOUN
amfbr-551	385	49	system	system	NOUN
amfbr-551	385	50	:	:	PUNCT
amfbr-551	385	51	sys3slsh	sys3slsh	NOUN
amfbr-551	385	52	estimation	estimation	NOUN
amfbr-551	385	53	method	method	NOUN
amfbr-551	385	54	:	:	PUNCT
amfbr-551	385	55	three	three	NUM
amfbr-551	385	56	-	-	PUNCT
amfbr-551	385	57	stage	stage	NOUN
amfbr-551	385	58	least	least	ADJ
amfbr-551	385	59	squares	square	NOUN
amfbr-551	385	60	date	date	NOUN
amfbr-551	385	61	:	:	PUNCT
amfbr-551	385	62	05/26/19	05/26/19	PROPN
amfbr-551	385	63	time	time	NOUN
amfbr-551	385	64	:	:	PUNCT
amfbr-551	385	65	14:35	14:35	NUM
amfbr-551	385	66	sample	sample	NOUN
amfbr-551	385	67	:	:	PUNCT
amfbr-551	385	68	1339	1339	NUM
amfbr-551	385	69	1395	1395	NUM
amfbr-551	385	70	included	include	VERB
amfbr-551	385	71	observations	observation	NOUN
amfbr-551	385	72	:	:	PUNCT
amfbr-551	385	73	57	57	NUM
amfbr-551	385	74	total	total	ADJ
amfbr-551	385	75	system	system	NOUN
amfbr-551	385	76	(	(	PUNCT
amfbr-551	385	77	unbalanced	unbalanced	ADJ
amfbr-551	385	78	)	)	PUNCT
amfbr-551	385	79	observations	observation	NOUN
amfbr-551	385	80	451	451	NUM
amfbr-551	385	81	linear	linear	ADJ
amfbr-551	385	82	estimation	estimation	NOUN
amfbr-551	385	83	after	after	ADP
amfbr-551	385	84	one	one	NUM
amfbr-551	385	85	-	-	PUNCT
amfbr-551	385	86	step	step	NOUN
amfbr-551	385	87	weighting	weighting	NOUN
amfbr-551	385	88	matrix	matrix	NOUN
amfbr-551	385	89	coefficient	coefficient	NOUN
amfbr-551	385	90	std	std	PROPN
amfbr-551	385	91	.	.	NOUN
amfbr-551	385	92	error	error	NOUN
amfbr-551	385	93	t	t	NOUN
amfbr-551	385	94	-	-	PUNCT
amfbr-551	385	95	statistic	statistic	NOUN
amfbr-551	385	96	prob	prob	NOUN
amfbr-551	385	97	.	.	PUNCT
amfbr-551	386	1	c(1	c(1	NOUN
amfbr-551	386	2	)	)	PUNCT
amfbr-551	386	3	257.4782	257.4782	NUM
amfbr-551	386	4	78.53644	78.53644	NUM
amfbr-551	386	5	3.278456	3.278456	NUM
amfbr-551	386	6	0.0011	0.0011	NUM
amfbr-551	386	7	c(2	c(2	PROPN
amfbr-551	386	8	)	)	PUNCT
amfbr-551	386	9	1.016612	1.016612	NUM
amfbr-551	386	10	0.006980	0.006980	NUM
amfbr-551	386	11	145.6551	145.6551	NUM
amfbr-551	386	12	0.0000	0.0000	NUM
amfbr-551	386	13	c(3	c(3	PRON
amfbr-551	386	14	)	)	PUNCT
amfbr-551	386	15	0.000946	0.000946	NUM
amfbr-551	387	1	0.000237	0.000237	NUM
amfbr-551	387	2	4.000208	4.000208	NUM
amfbr-551	387	3	0.0001	0.0001	NUM
amfbr-551	387	4	c(4	c(4	PROPN
amfbr-551	387	5	)	)	PUNCT
amfbr-551	387	6	-13.79725	-13.79725	PUNCT
amfbr-551	387	7	6.597782	6.597782	NUM
amfbr-551	387	8	-2.091194	-2.091194	NOUN
amfbr-551	387	9	0.0371	0.0371	NUM
amfbr-551	387	10	c(10	c(10	NOUN
amfbr-551	387	11	)	)	PUNCT
amfbr-551	388	1	6502.746	6502.746	NUM
amfbr-551	388	2	7431.449	7431.449	NUM
amfbr-551	388	3	0.875031	0.875031	NUM
amfbr-551	388	4	0.3821	0.3821	NUM
amfbr-551	388	5	c(11	c(11	NOUN
amfbr-551	388	6	)	)	PUNCT
amfbr-551	388	7	1.073701	1.073701	NUM
amfbr-551	388	8	0.015968	0.015968	NUM
amfbr-551	388	9	67.24165	67.24165	NUM
amfbr-551	388	10	0.0000	0.0000	NUM
amfbr-551	388	11	copyright	copyright	NOUN
amfbr-551	388	12	©	©	PROPN
amfbr-551	388	13	cc	cc	NOUN
amfbr-551	388	14	-	-	PUNCT
amfbr-551	388	15	by	by	ADP
amfbr-551	388	16	-	-	PUNCT
amfbr-551	388	17	nc	nc	PROPN
amfbr-551	388	18	2020	2020	NUM
amfbr-551	388	19	,	,	PUNCT
amfbr-551	388	20	cribfb	cribfb	PROPN
amfbr-551	388	21	|	|	ADV
amfbr-551	388	22	amfbr	amfbr	ADJ
amfbr-551	388	23	www.cribfb.com/journal/index.php/amfbr	www.cribfb.com/journal/index.php/amfbr	PROPN
amfbr-551	388	24	american	american	PROPN
amfbr-551	388	25	finance	finance	PROPN
amfbr-551	388	26	&	&	CCONJ
amfbr-551	388	27	banking	banking	PROPN
amfbr-551	388	28	review	review	PROPN
amfbr-551	388	29	vol	vol	NOUN
amfbr-551	388	30	.	.	PROPN
amfbr-551	388	31	5	5	NUM
amfbr-551	388	32	,	,	PUNCT
amfbr-551	388	33	no	no	INTJ
amfbr-551	388	34	.	.	NOUN
amfbr-551	388	35	1	1	NUM
amfbr-551	388	36	;	;	PUNCT
amfbr-551	388	37	2020	2020	NUM
amfbr-551	388	38	45	45	NUM
amfbr-551	388	39	c(12	c(12	NOUN
amfbr-551	388	40	)	)	PUNCT
amfbr-551	388	41	0.693183	0.693183	NUM
amfbr-551	388	42	0.129148	0.129148	NUM
amfbr-551	388	43	5.367339	5.367339	NUM
amfbr-551	388	44	0.0000	0.0000	NUM
amfbr-551	388	45	c(13	c(13	ADJ
amfbr-551	388	46	)	)	PUNCT
amfbr-551	388	47	-16667.99	-16667.99	NOUN
amfbr-551	388	48	6654.533	6654.533	NUM
amfbr-551	388	49	-2.504757	-2.504757	X
amfbr-551	388	50	0.0126	0.0126	NUM
amfbr-551	388	51	c(14	c(14	NOUN
amfbr-551	388	52	)	)	PUNCT
amfbr-551	388	53	-518010.6	-518010.6	PROPN
amfbr-551	388	54	73536.49	73536.49	NUM
amfbr-551	388	55	-7.044265	-7.044265	NOUN
amfbr-551	388	56	0.0000	0.0000	NUM
amfbr-551	388	57	c(20	c(20	NOUN
amfbr-551	388	58	)	)	PUNCT
amfbr-551	388	59	-247194.3	-247194.3	X
amfbr-551	388	60	35944.07	35944.07	NUM
amfbr-551	388	61	-6.877193	-6.877193	NOUN
amfbr-551	388	62	0.0000	0.0000	NUM
amfbr-551	388	63	c(21	c(21	NOUN
amfbr-551	388	64	)	)	PUNCT
amfbr-551	388	65	38446.01	38446.01	NUM
amfbr-551	389	1	5208.951	5208.951	NUM
amfbr-551	389	2	7.380759	7.380759	NUM
amfbr-551	389	3	0.0000	0.0000	NUM
amfbr-551	389	4	c(22	c(22	NOUN
amfbr-551	389	5	)	)	PUNCT
amfbr-551	389	6	0.382802	0.382802	NUM
amfbr-551	389	7	0.014729	0.014729	NUM
amfbr-551	389	8	25.98960	25.98960	NUM
amfbr-551	389	9	0.0000	0.0000	NUM
amfbr-551	389	10	c(30	c(30	NOUN
amfbr-551	389	11	)	)	PUNCT
amfbr-551	389	12	-893.5623	-893.5623	PROPN
amfbr-551	389	13	2254.571	2254.571	NUM
amfbr-551	389	14	-0.396334	-0.396334	NOUN
amfbr-551	389	15	0.6921	0.6921	NUM
amfbr-551	389	16	c(31	c(31	NOUN
amfbr-551	389	17	)	)	PUNCT
amfbr-551	389	18	1.159795	1.159795	NUM
amfbr-551	389	19	0.021133	0.021133	NUM
amfbr-551	389	20	54.88123	54.88123	NUM
amfbr-551	389	21	0.0000	0.0000	NUM
amfbr-551	389	22	c(32	c(32	NOUN
amfbr-551	389	23	)	)	PUNCT
amfbr-551	389	24	0.036973	0.036973	NUM
amfbr-551	389	25	0.007056	0.007056	NUM
amfbr-551	389	26	5.239906	5.239906	NUM
amfbr-551	389	27	0.0000	0.0000	NUM
amfbr-551	389	28	c(33	c(33	NOUN
amfbr-551	389	29	)	)	PUNCT
amfbr-551	389	30	-95011.44	-95011.44	PROPN
amfbr-551	389	31	15496.55	15496.55	NUM
amfbr-551	389	32	-6.131134	-6.131134	NUM
amfbr-551	390	1	0.0000	0.0000	NUM
amfbr-551	390	2	c(34	c(34	NOUN
amfbr-551	390	3	)	)	PUNCT
amfbr-551	390	4	-53945.09	-53945.09	PROPN
amfbr-551	390	5	15634.96	15634.96	NUM
amfbr-551	390	6	-3.450286	-3.450286	NOUN
amfbr-551	390	7	0.0006	0.0006	NUM
amfbr-551	390	8	c(40	c(40	NOUN
amfbr-551	390	9	)	)	PUNCT
amfbr-551	390	10	-1752.126	-1752.126	PUNCT
amfbr-551	391	1	454.1764	454.1764	NUM
amfbr-551	391	2	-3.857810	-3.857810	NOUN
amfbr-551	391	3	0.0001	0.0001	NUM
amfbr-551	391	4	c(41	c(41	NOUN
amfbr-551	391	5	)	)	PUNCT
amfbr-551	391	6	1.008546	1.008546	NUM
amfbr-551	391	7	0.008766	0.008766	NUM
amfbr-551	391	8	115.0503	115.0503	NUM
amfbr-551	391	9	0.0000	0.0000	NUM
amfbr-551	391	10	c(42	c(42	NOUN
amfbr-551	391	11	)	)	PUNCT
amfbr-551	391	12	0.840617	0.840617	NUM
amfbr-551	391	13	0.033307	0.033307	NUM
amfbr-551	391	14	25.23851	25.23851	NUM
amfbr-551	391	15	0.0000	0.0000	NUM
amfbr-551	391	16	c(43	c(43	NOUN
amfbr-551	391	17	)	)	PUNCT
amfbr-551	391	18	0.218115	0.218115	NUM
amfbr-551	391	19	0.093692	0.093692	NUM
amfbr-551	391	20	2.327999	2.327999	NUM
amfbr-551	391	21	0.0204	0.0204	NUM
amfbr-551	391	22	c(44	c(44	NOUN
amfbr-551	391	23	)	)	PUNCT
amfbr-551	391	24	0.030519	0.030519	NUM
amfbr-551	391	25	0.006828	0.006828	NUM
amfbr-551	391	26	4.469704	4.469704	NUM
amfbr-551	391	27	0.0000	0.0000	NUM
amfbr-551	391	28	c(50	c(50	NOUN
amfbr-551	391	29	)	)	PUNCT
amfbr-551	391	30	84002.14	84002.14	NUM
amfbr-551	392	1	20788.60	20788.60	NUM
amfbr-551	392	2	4.040778	4.040778	NUM
amfbr-551	392	3	0.0001	0.0001	NUM
amfbr-551	392	4	c(51	c(51	NOUN
amfbr-551	392	5	)	)	PUNCT
amfbr-551	392	6	0.967116	0.967116	NUM
amfbr-551	392	7	0.061199	0.061199	NUM
amfbr-551	392	8	15.80282	15.80282	NUM
amfbr-551	392	9	0.0000	0.0000	NUM
amfbr-551	392	10	c(52	c(52	NUM
amfbr-551	392	11	)	)	PUNCT
amfbr-551	392	12	-10.65886	-10.65886	PUNCT
amfbr-551	392	13	2.439674	2.439674	NUM
amfbr-551	392	14	-4.368968	-4.368968	NOUN
amfbr-551	392	15	0.0000	0.0000	NUM
amfbr-551	392	16	c(53	c(53	NOUN
amfbr-551	392	17	)	)	PUNCT
amfbr-551	392	18	1.121065	1.121065	NUM
amfbr-551	393	1	0.257734	0.257734	NUM
amfbr-551	393	2	4.349702	4.349702	NUM
amfbr-551	393	3	0.0000	0.0000	NUM
amfbr-551	393	4	c(60	c(60	NOUN
amfbr-551	393	5	)	)	PUNCT
amfbr-551	393	6	-287.3049	-287.3049	PROPN
amfbr-551	393	7	238.2357	238.2357	NUM
amfbr-551	393	8	-1.205969	-1.205969	ADJ
amfbr-551	393	9	0.2285	0.2285	NUM
amfbr-551	393	10	c(61	c(61	NUM
amfbr-551	393	11	)	)	PUNCT
amfbr-551	393	12	0.949651	0.949651	NUM
amfbr-551	393	13	0.028643	0.028643	NUM
amfbr-551	393	14	33.15526	33.15526	NUM
amfbr-551	393	15	0.0000	0.0000	NUM
amfbr-551	393	16	c(62	c(62	NOUN
amfbr-551	393	17	)	)	PUNCT
amfbr-551	393	18	-0.243415	-0.243415	NOUN
amfbr-551	394	1	0.053905	0.053905	NUM
amfbr-551	394	2	-4.515581	-4.515581	NOUN
amfbr-551	394	3	0.0000	0.0000	NUM
amfbr-551	394	4	c(63	c(63	NOUN
amfbr-551	394	5	)	)	PUNCT
amfbr-551	394	6	28374.06	28374.06	NUM
amfbr-551	394	7	1249.203	1249.203	NUM
amfbr-551	394	8	22.71372	22.71372	NUM
amfbr-551	394	9	0.0000	0.0000	NUM
amfbr-551	394	10	c(64	c(64	NOUN
amfbr-551	394	11	)	)	PUNCT
amfbr-551	394	12	-15191.66	-15191.66	PROPN
amfbr-551	394	13	1239.338	1239.338	NUM
amfbr-551	394	14	-12.25789	-12.25789	NUM
amfbr-551	394	15	0.0000	0.0000	NUM
amfbr-551	394	16	c(65	c(65	NUM
amfbr-551	394	17	)	)	PUNCT
amfbr-551	394	18	-22132.75	-22132.75	PROPN
amfbr-551	394	19	1743.549	1743.549	NUM
amfbr-551	394	20	-12.69408	-12.69408	SYM
amfbr-551	394	21	0.0000	0.0000	NUM
amfbr-551	394	22	c(66	c(66	NOUN
amfbr-551	394	23	)	)	PUNCT
amfbr-551	394	24	17320.84	17320.84	NUM
amfbr-551	395	1	1366.833	1366.833	NUM
amfbr-551	395	2	12.67224	12.67224	NUM
amfbr-551	395	3	0.0000	0.0000	NUM
amfbr-551	395	4	c(70	c(70	NUM
amfbr-551	395	5	)	)	PUNCT
amfbr-551	395	6	4.929394	4.929394	NUM
amfbr-551	395	7	1.323247	1.323247	NUM
amfbr-551	395	8	3.725226	3.725226	NUM
amfbr-551	395	9	0.0002	0.0002	NUM
amfbr-551	395	10	c(71	c(71	NOUN
amfbr-551	395	11	)	)	PUNCT
amfbr-551	395	12	1.067234	1.067234	NUM
amfbr-551	395	13	0.041424	0.041424	NUM
amfbr-551	395	14	25.76360	25.76360	NUM
amfbr-551	395	15	0.0000	0.0000	NUM
amfbr-551	395	16	c(72	c(72	NOUN
amfbr-551	395	17	)	)	PUNCT
amfbr-551	396	1	0.006378	0.006378	NUM
amfbr-551	396	2	0.001278	0.001278	NUM
amfbr-551	396	3	4.990199	4.990199	NUM
amfbr-551	396	4	0.0000	0.0000	NUM
amfbr-551	396	5	c(73	c(73	SYM
amfbr-551	396	6	)	)	PUNCT
amfbr-551	396	7	0.001141	0.001141	NUM
amfbr-551	396	8	0.000485	0.000485	NUM
amfbr-551	396	9	2.352898	2.352898	NUM
amfbr-551	396	10	0.0191	0.0191	NUM
amfbr-551	396	11	determinant	determinant	ADJ
amfbr-551	396	12	residual	residual	ADJ
amfbr-551	396	13	covariance	covariance	NOUN
amfbr-551	396	14	1.45e-06	1.45e-06	NUM
amfbr-551	396	15	equation	equation	NOUN
amfbr-551	396	16	:	:	PUNCT
amfbr-551	396	17	(	(	PUNCT
amfbr-551	396	18	irem)/residirem^2=	irem)/residirem^2=	PROPN
amfbr-551	396	19	(	(	PUNCT
amfbr-551	396	20	c(1)+c(2)*irem(-1)+	c(1)+c(2)*irem(-1)+	PROPN
amfbr-551	396	21	c(3)*d(iripvirsv	c(3)*d(iripvirsv	PROPN
amfbr-551	396	22	+	+	PROPN
amfbr-551	396	23	irgv	irgv	ADJ
amfbr-551	396	24	-	-	PUNCT
amfbr-551	396	25	irgrtv)+	irgrtv)+	NOUN
amfbr-551	396	26	c(4)*d(irxv	c(4)*d(irxv	NOUN
amfbr-551	396	27	/	/	SYM
amfbr-551	396	28	ireex	ireex	NOUN
amfbr-551	396	29	-	-	NOUN
amfbr-551	396	30	irmv	irmv	NOUN
amfbr-551	396	31	/	/	SYM
amfbr-551	396	32	ireem+	ireem+	NOUN
amfbr-551	396	33	irxfyv	irxfyv	NOUN
amfbr-551	396	34	/	/	SYM
amfbr-551	396	35	ireexfy	ireexfy	PROPN
amfbr-551	396	36	-irmfyv	-irmfyv	NOUN
amfbr-551	396	37	/	/	SYM
amfbr-551	396	38	ireemfy))/residirem^2	ireemfy))/residirem^2	PROPN
amfbr-551	396	39	instruments	instrument	NOUN
amfbr-551	396	40	:	:	PUNCT
amfbr-551	396	41	c	c	PROPN
amfbr-551	396	42	irem(-2	irem(-2	PROPN
amfbr-551	396	43	)	)	PUNCT
amfbr-551	396	44	(	(	PUNCT
amfbr-551	396	45	iripv	iripv	NOUN
amfbr-551	396	46	-	-	PUNCT
amfbr-551	396	47	irsv+irgv	irsv+irgv	NOUN
amfbr-551	396	48	-	-	PUNCT
amfbr-551	396	49	irgrtv	irgrtv	NOUN
amfbr-551	396	50	)	)	PUNCT
amfbr-551	396	51	(	(	PUNCT
amfbr-551	396	52	irxv	irxv	NOUN
amfbr-551	396	53	/	/	SYM
amfbr-551	396	54	ireexirmv	ireexirmv	PROPN
amfbr-551	396	55	/ireem+	/ireem+	PUNCT
amfbr-551	396	56	irxfyv	irxfyv	PROPN
amfbr-551	396	57	/	/	SYM
amfbr-551	396	58	ireexfy	ireexfy	NOUN
amfbr-551	396	59	-	-	PUNCT
amfbr-551	396	60	irmfyv	irmfyv	NOUN
amfbr-551	396	61	/	/	SYM
amfbr-551	396	62	ireemfy	ireemfy	NOUN
amfbr-551	396	63	)	)	PUNCT
amfbr-551	396	64	irird	irird	NOUN
amfbr-551	396	65	irirl	irirl	NOUN
amfbr-551	396	66	observations	observation	NOUN
amfbr-551	396	67	:	:	PUNCT
amfbr-551	396	68	56	56	NUM
amfbr-551	396	69	r	r	NOUN
amfbr-551	396	70	-	-	PUNCT
amfbr-551	396	71	squared	square	VERB
amfbr-551	396	72	0.999889	0.999889	NUM
amfbr-551	396	73	mean	mean	NOUN
amfbr-551	396	74	dependent	dependent	ADJ
amfbr-551	396	75	var	var	NOUN
amfbr-551	396	76	0.060141	0.060141	NUM
amfbr-551	396	77	adjusted	adjusted	ADJ
amfbr-551	396	78	r	r	NOUN
amfbr-551	396	79	-	-	PUNCT
amfbr-551	396	80	squared	square	VERB
amfbr-551	396	81	0.999882	0.999882	NUM
amfbr-551	396	82	s.d	s.d	PROPN
amfbr-551	396	83	.	.	PROPN
amfbr-551	397	1	dependent	dependent	ADJ
amfbr-551	397	2	var	var	NOUN
amfbr-551	397	3	0.183909	0.183909	NUM
amfbr-551	397	4	s.e	s.e	PROPN
amfbr-551	397	5	.	.	PROPN
amfbr-551	397	6	of	of	ADP
amfbr-551	397	7	regression	regression	NOUN
amfbr-551	397	8	0.001996	0.001996	NUM
amfbr-551	397	9	sum	sum	NOUN
amfbr-551	397	10	squared	square	VERB
amfbr-551	397	11	resid	resid	NOUN
amfbr-551	397	12	0.000207	0.000207	NUM
amfbr-551	397	13	durbin	durbin	ADJ
amfbr-551	397	14	-	-	PUNCT
amfbr-551	397	15	watson	watson	NOUN
amfbr-551	397	16	stat	stat	PROPN
amfbr-551	397	17	1.950318	1.950318	NUM
amfbr-551	397	18	equation	equation	NOUN
amfbr-551	397	19	:	:	PUNCT
amfbr-551	397	20	iripv	iripv	NOUN
amfbr-551	397	21	=	=	SYM
amfbr-551	397	22	c(10	c(10	NOUN
amfbr-551	397	23	)	)	PUNCT
amfbr-551	398	1	+	+	CCONJ
amfbr-551	398	2	c(11)*iripv(-1	c(11)*iripv(-1	X
amfbr-551	398	3	)	)	PUNCT
amfbr-551	398	4	+	+	CCONJ
amfbr-551	398	5	c(12)*irolpv+	c(12)*irolpv+	NOUN
amfbr-551	398	6	c(13	c(13	ADJ
amfbr-551	398	7	)	)	PUNCT
amfbr-551	398	8	*	*	PUNCT
amfbr-551	398	9	(	(	PUNCT
amfbr-551	398	10	irirl	irirl	NOUN
amfbr-551	398	11	-irirl(-1	-irirl(-1	ADJ
amfbr-551	398	12	)	)	PUNCT
amfbr-551	398	13	)	)	PUNCT
amfbr-551	399	1	+	+	NUM
amfbr-551	399	2	c(14)*d92	c(14)*d92	NOUN
amfbr-551	399	3	copyright	copyright	NOUN
amfbr-551	399	4	©	©	PROPN
amfbr-551	399	5	cc	cc	PROPN
amfbr-551	399	6	-	-	PUNCT
amfbr-551	399	7	by	by	ADP
amfbr-551	399	8	-	-	PUNCT
amfbr-551	399	9	nc	nc	PROPN
amfbr-551	399	10	2020	2020	NUM
amfbr-551	399	11	,	,	PUNCT
amfbr-551	399	12	cribfb	cribfb	PROPN
amfbr-551	399	13	|	|	ADV
amfbr-551	399	14	amfbr	amfbr	ADJ
amfbr-551	399	15	www.cribfb.com/journal/index.php/amfbr	www.cribfb.com/journal/index.php/amfbr	PROPN
amfbr-551	399	16	american	american	PROPN
amfbr-551	399	17	finance	finance	PROPN
amfbr-551	399	18	&	&	CCONJ
amfbr-551	399	19	banking	banking	PROPN
amfbr-551	399	20	review	review	PROPN
amfbr-551	399	21	vol	vol	NOUN
amfbr-551	399	22	.	.	PROPN
amfbr-551	400	1	5	5	NUM
amfbr-551	400	2	,	,	PUNCT
amfbr-551	400	3	no	no	INTJ
amfbr-551	400	4	.	.	NOUN
amfbr-551	400	5	1	1	NUM
amfbr-551	400	6	;	;	PUNCT
amfbr-551	400	7	2020	2020	NUM
amfbr-551	400	8	46	46	NUM
amfbr-551	400	9	instruments	instrument	NOUN
amfbr-551	400	10	:	:	PUNCT
amfbr-551	400	11	c	c	NOUN
amfbr-551	400	12	iripv(-2	iripv(-2	NOUN
amfbr-551	400	13	)	)	PUNCT
amfbr-551	400	14	irolpv(-1	irolpv(-1	PROPN
amfbr-551	400	15	)	)	PUNCT
amfbr-551	400	16	(	(	PUNCT
amfbr-551	400	17	irirl	irirl	NOUN
amfbr-551	400	18	-	-	PUNCT
amfbr-551	400	19	irirl(-1	irirl(-1	ADJ
amfbr-551	400	20	)	)	PUNCT
amfbr-551	400	21	)	)	PUNCT
amfbr-551	400	22	d92	d92	NOUN
amfbr-551	400	23	observations	observation	NOUN
amfbr-551	400	24	:	:	PUNCT
amfbr-551	400	25	56	56	NUM
amfbr-551	400	26	r	r	NOUN
amfbr-551	400	27	-	-	PUNCT
amfbr-551	400	28	squared	square	VERB
amfbr-551	400	29	0.997424	0.997424	NUM
amfbr-551	400	30	mean	mean	NOUN
amfbr-551	400	31	dependent	dependent	ADJ
amfbr-551	400	32	var	var	NOUN
amfbr-551	400	33	481023.0	481023.0	NUM
amfbr-551	400	34	adjusted	adjusted	ADJ
amfbr-551	400	35	r	r	NOUN
amfbr-551	400	36	-	-	PUNCT
amfbr-551	400	37	squared	square	VERB
amfbr-551	400	38	0.997222	0.997222	NUM
amfbr-551	400	39	s.d	s.d	PROPN
amfbr-551	400	40	.	.	PROPN
amfbr-551	401	1	dependent	dependent	ADJ
amfbr-551	401	2	var	var	PROPN
amfbr-551	401	3	977225.2	977225.2	NUM
amfbr-551	401	4	s.e	s.e	PROPN
amfbr-551	401	5	.	.	PROPN
amfbr-551	401	6	of	of	ADP
amfbr-551	401	7	regression	regression	NOUN
amfbr-551	401	8	51503.05	51503.05	NUM
amfbr-551	401	9	sum	sum	NOUN
amfbr-551	401	10	squared	square	VERB
amfbr-551	401	11	resid	resid	NOUN
amfbr-551	401	12	1.35e+1	1.35e+1	NUM
amfbr-551	401	13	1	1	NUM
amfbr-551	401	14	durbin	durbin	ADJ
amfbr-551	401	15	-	-	PUNCT
amfbr-551	401	16	watson	watson	NOUN
amfbr-551	401	17	stat	stat	PROPN
amfbr-551	401	18	2.124041	2.124041	NUM
amfbr-551	401	19	equation	equation	NOUN
amfbr-551	401	20	:	:	PUNCT
amfbr-551	401	21	irsv	irsv	PROPN
amfbr-551	401	22	/	/	SYM
amfbr-551	401	23	residirsv^2	residirsv^2	PROPN
amfbr-551	401	24	=	=	SYM
amfbr-551	401	25	(	(	PUNCT
amfbr-551	401	26	c(20	c(20	NOUN
amfbr-551	401	27	)	)	PUNCT
amfbr-551	401	28	+	+	CCONJ
amfbr-551	401	29	c(21)*irird	c(21)*irird	PROPN
amfbr-551	401	30	+	+	CCONJ
amfbr-551	401	31	c(22)*irgdpmv	c(22)*irgdpmv	PROPN
amfbr-551	401	32	(	(	PUNCT
amfbr-551	401	33	-1))/residirsv^2	-1))/residirsv^2	NOUN
amfbr-551	401	34	instruments	instrument	NOUN
amfbr-551	401	35	:	:	PUNCT
amfbr-551	401	36	c	c	NOUN
amfbr-551	401	37	irird(-1	irird(-1	X
amfbr-551	401	38	)	)	PUNCT
amfbr-551	401	39	(	(	PUNCT
amfbr-551	401	40	irgdpmv	irgdpmv	PROPN
amfbr-551	401	41	)	)	PUNCT
amfbr-551	401	42	observations	observation	NOUN
amfbr-551	401	43	:	:	PUNCT
amfbr-551	401	44	57	57	NUM
amfbr-551	401	45	r	r	NOUN
amfbr-551	401	46	-	-	PUNCT
amfbr-551	401	47	squared	square	VERB
amfbr-551	401	48	0.998510	0.998510	NUM
amfbr-551	401	49	mean	mean	NOUN
amfbr-551	401	50	dependent	dependent	ADJ
amfbr-551	401	51	var	var	NOUN
amfbr-551	401	52	0.000158	0.000158	NUM
amfbr-551	401	53	adjusted	adjust	VERB
amfbr-551	401	54	r	r	NOUN
amfbr-551	401	55	-	-	PUNCT
amfbr-551	401	56	squared	square	VERB
amfbr-551	401	57	0.998455	0.998455	NUM
amfbr-551	401	58	s.d	s.d	PROPN
amfbr-551	401	59	.	.	PUNCT
amfbr-551	402	1	dependent	dependent	ADJ
amfbr-551	402	2	var	var	NOUN
amfbr-551	402	3	0.000581	0.000581	NUM
amfbr-551	402	4	s.e	s.e	PROPN
amfbr-551	402	5	.	.	PROPN
amfbr-551	402	6	of	of	ADP
amfbr-551	402	7	regression	regression	NOUN
amfbr-551	402	8	2.28e-05	2.28e-05	NUM
amfbr-551	402	9	sum	sum	NOUN
amfbr-551	402	10	squared	square	VERB
amfbr-551	402	11	resid	resid	NOUN
amfbr-551	402	12	2.82e-08	2.82e-08	NUM
amfbr-551	402	13	durbin	durbin	ADJ
amfbr-551	402	14	-	-	PUNCT
amfbr-551	402	15	watson	watson	NOUN
amfbr-551	402	16	stat	stat	PROPN
amfbr-551	402	17	1.560718	1.560718	NUM
amfbr-551	402	18	equation	equation	NOUN
amfbr-551	402	19	:	:	PUNCT
amfbr-551	402	20	(	(	PUNCT
amfbr-551	402	21	irgrtv	irgrtv	NOUN
amfbr-551	402	22	)	)	PUNCT
amfbr-551	402	23	=	=	SYM
amfbr-551	402	24	(	(	PUNCT
amfbr-551	402	25	c(30	c(30	NOUN
amfbr-551	402	26	)	)	PUNCT
amfbr-551	402	27	+	+	CCONJ
amfbr-551	402	28	c(31	c(31	NOUN
amfbr-551	402	29	)	)	PUNCT
amfbr-551	402	30	*	*	PUNCT
amfbr-551	403	1	irgrtv(-1)+	irgrtv(-1)+	PROPN
amfbr-551	403	2	c(32)*d(irgdpmv))+	c(32)*d(irgdpmv))+	PRON
amfbr-551	403	3	c(33)*d89	c(33)*d89	VERB
amfbr-551	403	4	+	+	CCONJ
amfbr-551	403	5	c(34)*d91	c(34)*d91	ADJ
amfbr-551	403	6	instruments	instrument	NOUN
amfbr-551	403	7	:	:	PUNCT
amfbr-551	403	8	c	c	NOUN
amfbr-551	403	9	irgrtv(-2	irgrtv(-2	NOUN
amfbr-551	403	10	)	)	PUNCT
amfbr-551	403	11	(	(	PUNCT
amfbr-551	403	12	irgdpmv	irgdpmv	PROPN
amfbr-551	403	13	-	-	PUNCT
amfbr-551	403	14	irgdpmv(-1	irgdpmv(-1	VERB
amfbr-551	403	15	)	)	PUNCT
amfbr-551	403	16	)	)	PUNCT
amfbr-551	403	17	d89	d89	PROPN
amfbr-551	403	18	d91	d91	NOUN
amfbr-551	403	19	observations	observation	NOUN
amfbr-551	403	20	:	:	PUNCT
amfbr-551	403	21	56	56	NUM
amfbr-551	403	22	r	r	NOUN
amfbr-551	403	23	-	-	PUNCT
amfbr-551	403	24	squared	square	VERB
amfbr-551	403	25	0.994865	0.994865	NUM
amfbr-551	403	26	mean	mean	NOUN
amfbr-551	403	27	dependent	dependent	ADJ
amfbr-551	403	28	var	var	NOUN
amfbr-551	403	29	97808.20	97808.20	NUM
amfbr-551	403	30	adjusted	adjust	VERB
amfbr-551	403	31	r	r	NOUN
amfbr-551	403	32	-	-	PUNCT
amfbr-551	403	33	squared	square	VERB
amfbr-551	403	34	0.994462	0.994462	NUM
amfbr-551	403	35	s.d	s.d	PROPN
amfbr-551	403	36	.	.	PUNCT
amfbr-551	404	1	dependent	dependent	ADJ
amfbr-551	404	2	var	var	PROPN
amfbr-551	404	3	212364.7	212364.7	NUM
amfbr-551	404	4	s.e	s.e	PROPN
amfbr-551	404	5	.	.	PROPN
amfbr-551	404	6	of	of	ADP
amfbr-551	404	7	regression	regression	NOUN
amfbr-551	404	8	15803.64	15803.64	NUM
amfbr-551	404	9	sum	sum	NOUN
amfbr-551	404	10	squared	square	VERB
amfbr-551	404	11	resid	resid	NOUN
amfbr-551	404	12	1.27e+1	1.27e+1	NUM
amfbr-551	404	13	0	0	NUM
amfbr-551	405	1	durbin	durbin	ADJ
amfbr-551	405	2	-	-	PUNCT
amfbr-551	405	3	watson	watson	NOUN
amfbr-551	405	4	stat	stat	PROPN
amfbr-551	405	5	3.253614	3.253614	NUM
amfbr-551	405	6	equation	equation	NOUN
amfbr-551	405	7	:	:	PUNCT
amfbr-551	405	8	(	(	PUNCT
amfbr-551	405	9	irxdfcpi)/(residirxdfcpif^2)=	irxdfcpi)/(residirxdfcpif^2)=	X
amfbr-551	405	10	(	(	PUNCT
amfbr-551	405	11	c(40)+	c(40)+	NOUN
amfbr-551	405	12	c(41)*irxdfcpi(-1	c(41)*irxdfcpi(-1	NOUN
amfbr-551	405	13	)	)	PUNCT
amfbr-551	405	14	+	+	PROPN
amfbr-551	405	15	c(42)*(irxoild	c(42)*(irxoild	NOUN
amfbr-551	405	16	/	/	SYM
amfbr-551	405	17	fcpi	fcpi	NOUN
amfbr-551	405	18	-	-	PUNCT
amfbr-551	405	19	irxoild(-1)/fcpi(-1))+	irxoild(-1)/fcpi(-1))+	PROPN
amfbr-551	405	20	c(43)*ireex*fcpi	c(43)*ireex*fcpi	PROPN
amfbr-551	405	21	/irpgdpm+	/irpgdpm+	X
amfbr-551	405	22	c(44	c(44	PROPN
amfbr-551	405	23	)	)	PUNCT
amfbr-551	405	24	*	*	SYM
amfbr-551	405	25	d(irgdpm))/(residirxdfcpif^2	d(irgdpm))/(residirxdfcpif^2	NOUN
amfbr-551	405	26	)	)	PUNCT
amfbr-551	405	27	instruments	instrument	NOUN
amfbr-551	405	28	:	:	PUNCT
amfbr-551	405	29	c	c	PROPN
amfbr-551	405	30	irxdfcpi(-2	irxdfcpi(-2	PROPN
amfbr-551	405	31	)	)	PUNCT
amfbr-551	405	32	irxoild	irxoild	PROPN
amfbr-551	405	33	/	/	SYM
amfbr-551	405	34	fcpi	fcpi	NOUN
amfbr-551	405	35	ireex(-1)*fcpi(1)/irpgdpm	ireex(-1)*fcpi(1)/irpgdpm	PROPN
amfbr-551	405	36	(	(	PUNCT
amfbr-551	405	37	-1	-1	INTJ
amfbr-551	405	38	)	)	PUNCT
amfbr-551	405	39	(	(	PUNCT
amfbr-551	405	40	irgdpm)/irgdpm(-1	irgdpm)/irgdpm(-1	ADJ
amfbr-551	405	41	)	)	PUNCT
amfbr-551	405	42	ireexfy	ireexfy	PROPN
amfbr-551	405	43	ireemfy	ireemfy	NOUN
amfbr-551	405	44	observations	observation	NOUN
amfbr-551	405	45	:	:	PUNCT
amfbr-551	405	46	56	56	NUM
amfbr-551	405	47	r	r	NOUN
amfbr-551	405	48	-	-	PUNCT
amfbr-551	405	49	squared	square	VERB
amfbr-551	405	50	1.000000	1.000000	NUM
amfbr-551	405	51	mean	mean	NOUN
amfbr-551	405	52	dependent	dependent	ADJ
amfbr-551	405	53	var	var	NOUN
amfbr-551	405	54	1.273640	1.273640	NUM
amfbr-551	405	55	adjusted	adjusted	ADJ
amfbr-551	405	56	r	r	NOUN
amfbr-551	405	57	-	-	PUNCT
amfbr-551	405	58	squared	square	VERB
amfbr-551	405	59	1.000000	1.000000	NUM
amfbr-551	405	60	s.d	s.d	PROPN
amfbr-551	405	61	.	.	PUNCT
amfbr-551	406	1	dependent	dependent	ADJ
amfbr-551	406	2	var	var	NOUN
amfbr-551	406	3	8.750115	8.750115	NUM
amfbr-551	406	4	s.e	s.e	PROPN
amfbr-551	406	5	.	.	PROPN
amfbr-551	406	6	of	of	ADP
amfbr-551	406	7	regression	regression	NOUN
amfbr-551	406	8	0.001857	0.001857	NUM
amfbr-551	406	9	sum	sum	NOUN
amfbr-551	406	10	squared	square	VERB
amfbr-551	406	11	resid	resid	NOUN
amfbr-551	406	12	0.000176	0.000176	NUM
amfbr-551	406	13	durbin	durbin	ADJ
amfbr-551	406	14	-	-	PUNCT
amfbr-551	406	15	watson	watson	NOUN
amfbr-551	406	16	stat	stat	PROPN
amfbr-551	406	17	1.871593	1.871593	NUM
amfbr-551	406	18	equation	equation	NOUN
amfbr-551	406	19	:	:	PUNCT
amfbr-551	406	20	(	(	PUNCT
amfbr-551	406	21	irmdcifp)/(residirmdcifpf^2)=(c(50)+c(51)*irmdcifp(-1	irmdcifp)/(residirmdcifpf^2)=(c(50)+c(51)*irmdcifp(-1	NUM
amfbr-551	406	22	)	)	PUNCT
amfbr-551	407	1	+	+	NOUN
amfbr-551	407	2	c(52)*(ireem*fcpi	c(52)*(ireem*fcpi	NOUN
amfbr-551	407	3	/	/	SYM
amfbr-551	407	4	irpgdpm)+c(53)*d(irxd+irxfyv	irpgdpm)+c(53)*d(irxd+irxfyv	NOUN
amfbr-551	407	5	/	/	SYM
amfbr-551	407	6	ireexfy	ireexfy	PROPN
amfbr-551	407	7	-irmfyv	-irmfyv	NOUN
amfbr-551	407	8	/	/	SYM
amfbr-551	407	9	ireemfy))/(residirmdcifpf^2	ireemfy))/(residirmdcifpf^2	ADJ
amfbr-551	407	10	)	)	PUNCT
amfbr-551	407	11	instruments	instrument	NOUN
amfbr-551	407	12	:	:	PUNCT
amfbr-551	407	13	c	c	NOUN
amfbr-551	407	14	ireem(-1	ireem(-1	NOUN
amfbr-551	407	15	)	)	PUNCT
amfbr-551	407	16	fcpi(-1	fcpi(-1	PROPN
amfbr-551	407	17	)	)	PUNCT
amfbr-551	407	18	irpgdpm(-1	irpgdpm(-1	PROPN
amfbr-551	407	19	)	)	PUNCT
amfbr-551	407	20	(	(	PUNCT
amfbr-551	407	21	irxd+irxfyv	irxd+irxfyv	PROPN
amfbr-551	407	22	/	/	SYM
amfbr-551	407	23	ireexfy	ireexfy	PROPN
amfbr-551	407	24	-irmfyv	-irmfyv	NOUN
amfbr-551	407	25	/	/	SYM
amfbr-551	407	26	ireemfy	ireemfy	NOUN
amfbr-551	407	27	)	)	PUNCT
amfbr-551	407	28	observations	observation	NOUN
amfbr-551	407	29	:	:	PUNCT
amfbr-551	407	30	57	57	NUM
amfbr-551	407	31	r	r	NOUN
amfbr-551	407	32	-	-	PUNCT
amfbr-551	407	33	squared	square	VERB
amfbr-551	407	34	0.998256	0.998256	NUM
amfbr-551	407	35	mean	mean	NOUN
amfbr-551	407	36	dependent	dependent	ADJ
amfbr-551	407	37	var	var	NOUN
amfbr-551	407	38	0.000613	0.000613	NUM
amfbr-551	407	39	adjusted	adjust	VERB
amfbr-551	407	40	r	r	NOUN
amfbr-551	407	41	-	-	PUNCT
amfbr-551	407	42	squared	square	VERB
amfbr-551	407	43	0.998158	0.998158	NUM
amfbr-551	407	44	s.d	s.d	PROPN
amfbr-551	407	45	.	.	PUNCT
amfbr-551	407	46	dependent	dependent	ADJ
amfbr-551	407	47	var	var	NOUN
amfbr-551	407	48	0.001492	0.001492	NUM
amfbr-551	407	49	s.e	s.e	PROPN
amfbr-551	407	50	.	.	PROPN
amfbr-551	407	51	of	of	ADP
amfbr-551	407	52	regression	regression	NOUN
amfbr-551	407	53	6.41e-05	6.41e-05	NUM
amfbr-551	407	54	sum	sum	NOUN
amfbr-551	407	55	squared	square	VERB
amfbr-551	407	56	resid	resid	NOUN
amfbr-551	407	57	2.17e-07	2.17e-07	NUM
amfbr-551	407	58	durbin	durbin	ADJ
amfbr-551	407	59	-	-	PUNCT
amfbr-551	407	60	watson	watson	NOUN
amfbr-551	407	61	stat	stat	PROPN
amfbr-551	407	62	2.095896	2.095896	NUM
amfbr-551	407	63	equation	equation	NOUN
amfbr-551	407	64	:	:	PUNCT
amfbr-551	407	65	irxfyv	irxfyv	PROPN
amfbr-551	407	66	=	=	PRON
amfbr-551	407	67	c(60)+	c(60)+	PROPN
amfbr-551	407	68	c(61)*irxfyv	c(61)*irxfyv	PROPN
amfbr-551	407	69	(	(	PUNCT
amfbr-551	407	70	-1)+c(62	-1)+c(62	PROPN
amfbr-551	407	71	)	)	PUNCT
amfbr-551	407	72	*	*	PUNCT
amfbr-551	407	73	(	(	PUNCT
amfbr-551	407	74	irirdfir*ireexfy	irirdfir*ireexfy	INTJ
amfbr-551	407	75	)	)	PUNCT
amfbr-551	407	76	copyright	copyright	NOUN
amfbr-551	408	1	©	©	PROPN
amfbr-551	408	2	cc	cc	PROPN
amfbr-551	408	3	-	-	PUNCT
amfbr-551	408	4	by	by	ADP
amfbr-551	408	5	-	-	PUNCT
amfbr-551	408	6	nc	nc	PROPN
amfbr-551	408	7	2020	2020	NUM
amfbr-551	408	8	,	,	PUNCT
amfbr-551	408	9	cribfb	cribfb	PROPN
amfbr-551	408	10	|	|	ADV
amfbr-551	408	11	amfbr	amfbr	ADJ
amfbr-551	408	12	www.cribfb.com/journal/index.php/amfbr	www.cribfb.com/journal/index.php/amfbr	PROPN
amfbr-551	408	13	american	american	PROPN
amfbr-551	408	14	finance	finance	PROPN
amfbr-551	408	15	&	&	CCONJ
amfbr-551	408	16	banking	banking	PROPN
amfbr-551	408	17	review	review	PROPN
amfbr-551	408	18	vol	vol	NOUN
amfbr-551	408	19	.	.	PROPN
amfbr-551	409	1	5	5	NUM
amfbr-551	409	2	,	,	PUNCT
amfbr-551	409	3	no	no	INTJ
amfbr-551	409	4	.	.	NOUN
amfbr-551	409	5	1	1	NUM
amfbr-551	409	6	;	;	PUNCT
amfbr-551	409	7	2020	2020	NUM
amfbr-551	409	8	47	47	NUM
amfbr-551	410	1	+	+	CCONJ
amfbr-551	410	2	c(63)*d91+c(64)*d88	c(63)*d91+c(64)*d88	ADJ
amfbr-551	410	3	+	+	CCONJ
amfbr-551	410	4	c(65)*d93	c(65)*d93	ADJ
amfbr-551	410	5	+	+	CCONJ
amfbr-551	410	6	c(66)*d92	c(66)*d92	NOUN
amfbr-551	410	7	instruments	instrument	NOUN
amfbr-551	410	8	:	:	PUNCT
amfbr-551	410	9	irird(-1	irird(-1	NUM
amfbr-551	410	10	)	)	PUNCT
amfbr-551	410	11	fir(-1	fir(-1	PROPN
amfbr-551	410	12	)	)	PUNCT
amfbr-551	410	13	ireexfy(-1	ireexfy(-1	NOUN
amfbr-551	410	14	)	)	PUNCT
amfbr-551	410	15	d91	d91	NOUN
amfbr-551	410	16	d88	d88	NOUN
amfbr-551	410	17	d93	d93	NOUN
amfbr-551	410	18	d92	d92	NOUN
amfbr-551	410	19	c	c	PROPN
amfbr-551	410	20	observations	observation	NOUN
amfbr-551	410	21	:	:	PUNCT
amfbr-551	410	22	57	57	NUM
amfbr-551	410	23	r	r	NOUN
amfbr-551	410	24	-	-	PUNCT
amfbr-551	410	25	squared	square	VERB
amfbr-551	410	26	0.995999	0.995999	NUM
amfbr-551	410	27	mean	mean	NOUN
amfbr-551	410	28	dependent	dependent	ADJ
amfbr-551	410	29	var	var	NOUN
amfbr-551	410	30	9075.868	9075.868	NUM
amfbr-551	410	31	adjusted	adjusted	ADJ
amfbr-551	410	32	r	r	NOUN
amfbr-551	410	33	-	-	PUNCT
amfbr-551	410	34	squared	square	VERB
amfbr-551	410	35	0.995519	0.995519	NUM
amfbr-551	410	36	s.d	s.d	PROPN
amfbr-551	410	37	.	.	PUNCT
amfbr-551	411	1	dependent	dependent	ADJ
amfbr-551	411	2	var	var	NOUN
amfbr-551	411	3	18647.67	18647.67	NUM
amfbr-551	411	4	s.e	s.e	PROPN
amfbr-551	411	5	.	.	PROPN
amfbr-551	411	6	of	of	ADP
amfbr-551	411	7	regression	regression	NOUN
amfbr-551	411	8	1248.256	1248.256	NUM
amfbr-551	411	9	sum	sum	NOUN
amfbr-551	411	10	squared	square	VERB
amfbr-551	411	11	resid	resid	NOUN
amfbr-551	411	12	7790720	7790720	NUM
amfbr-551	411	13	0	0	NUM
amfbr-551	411	14	durbin	durbin	ADJ
amfbr-551	411	15	-	-	PUNCT
amfbr-551	411	16	watson	watson	NOUN
amfbr-551	411	17	stat	stat	PROPN
amfbr-551	411	18	1.553226	1.553226	NUM
amfbr-551	411	19	equation	equation	NOUN
amfbr-551	411	20	:	:	PUNCT
amfbr-551	411	21	(	(	PUNCT
amfbr-551	411	22	irmfyv)/resid07	irmfyv)/resid07	VERB
amfbr-551	411	23	^	^	SYM
amfbr-551	411	24	2=	2=	NUM
amfbr-551	411	25	(	(	PUNCT
amfbr-551	411	26	c(70	c(70	NUM
amfbr-551	411	27	)	)	PUNCT
amfbr-551	411	28	+	+	CCONJ
amfbr-551	412	1	c(71)*irmfyv(-1	c(71)*irmfyv(-1	X
amfbr-551	412	2	)	)	PUNCT
amfbr-551	412	3	+	+	NUM
amfbr-551	412	4	c(72	c(72	NOUN
amfbr-551	412	5	)	)	PUNCT
amfbr-551	413	1	*	*	PUNCT
amfbr-551	413	2	(	(	PUNCT
amfbr-551	413	3	irird	irird	NOUN
amfbr-551	413	4	fir*ireemfy)+	fir*ireemfy)+	PROPN
amfbr-551	413	5	c(73)*d(irgdpmv))/resid07	c(73)*d(irgdpmv))/resid07	NOUN
amfbr-551	413	6	^	^	SYM
amfbr-551	413	7	2	2	NUM
amfbr-551	413	8	instruments	instrument	NOUN
amfbr-551	413	9	:	:	PUNCT
amfbr-551	413	10	c	c	NOUN
amfbr-551	413	11	irmfyv(-2)/resid07	irmfyv(-2)/resid07	NOUN
amfbr-551	413	12	^	^	SYM
amfbr-551	413	13	2	2	NUM
amfbr-551	413	14	(	(	PUNCT
amfbr-551	413	15	irird(-1	irird(-1	NOUN
amfbr-551	413	16	)	)	PUNCT
amfbr-551	413	17	fir(-1)*ireemfy(-1	fir(-1)*ireemfy(-1	NOUN
amfbr-551	413	18	)	)	PUNCT
amfbr-551	413	19	)	)	PUNCT
amfbr-551	414	1	/resid07	/resid07	PUNCT
amfbr-551	414	2	^	^	SYM
amfbr-551	414	3	2	2	NUM
amfbr-551	414	4	(	(	PUNCT
amfbr-551	414	5	irgdpmv)/resid07	irgdpmv)/resid07	NOUN
amfbr-551	414	6	^	^	SYM
amfbr-551	414	7	2	2	NUM
amfbr-551	414	8	observations	observation	NOUN
amfbr-551	414	9	:	:	PUNCT
amfbr-551	414	10	56	56	NUM
amfbr-551	414	11	r	r	NOUN
amfbr-551	414	12	-	-	PUNCT
amfbr-551	414	13	squared	square	VERB
amfbr-551	414	14	0.999999	0.999999	NUM
amfbr-551	414	15	mean	mean	NOUN
amfbr-551	414	16	dependent	dependent	ADJ
amfbr-551	414	17	var	var	NOUN
amfbr-551	414	18	72.69083	72.69083	NUM
amfbr-551	414	19	adjusted	adjusted	ADJ
amfbr-551	414	20	r	r	NOUN
amfbr-551	414	21	-	-	PUNCT
amfbr-551	414	22	squared	square	VERB
amfbr-551	414	23	0.999999	0.999999	NUM
amfbr-551	414	24	s.d	s.d	PROPN
amfbr-551	414	25	.	.	PUNCT
amfbr-551	415	1	dependent	dependent	ADJ
amfbr-551	415	2	var	var	NOUN
amfbr-551	415	3	389.7440	389.7440	NUM
amfbr-551	415	4	s.e	s.e	PROPN
amfbr-551	415	5	.	.	PROPN
amfbr-551	415	6	of	of	ADP
amfbr-551	415	7	regression	regression	NOUN
amfbr-551	415	8	0.431112	0.431112	NUM
amfbr-551	415	9	sum	sum	NOUN
amfbr-551	415	10	squared	square	VERB
amfbr-551	415	11	resid	resid	NOUN
amfbr-551	415	12	9.664583	9.664583	NUM
amfbr-551	415	13	durbin	durbin	ADJ
amfbr-551	415	14	-	-	PUNCT
amfbr-551	415	15	watson	watson	NOUN
amfbr-551	415	16	stat	stat	NOUN
amfbr-551	415	17	1.749032	1.749032	NUM
amfbr-551	415	18	copyright	copyright	NOUN
amfbr-551	415	19	©	©	PROPN
amfbr-551	415	20	cc	cc	PROPN
amfbr-551	415	21	-	-	PUNCT
amfbr-551	415	22	by	by	ADP
amfbr-551	415	23	-	-	PUNCT
amfbr-551	415	24	nc	nc	PROPN
amfbr-551	415	25	2020	2020	NUM
amfbr-551	415	26	,	,	PUNCT
amfbr-551	415	27	cribfb	cribfb	PROPN
amfbr-551	415	28	|	|	ADV
amfbr-551	415	29	amfbr	amfbr	ADJ
amfbr-551	415	30	www.cribfb.com/journal/index.php/amfbr	www.cribfb.com/journal/index.php/amfbr	PROPN
amfbr-551	415	31	american	american	PROPN
amfbr-551	415	32	finance	finance	PROPN
amfbr-551	415	33	&	&	CCONJ
amfbr-551	415	34	banking	banking	PROPN
amfbr-551	415	35	review	review	PROPN
amfbr-551	415	36	vol	vol	NOUN
amfbr-551	415	37	.	.	PROPN
amfbr-551	416	1	5	5	NUM
amfbr-551	416	2	,	,	PUNCT
amfbr-551	416	3	no	no	INTJ
amfbr-551	416	4	.	.	NOUN
amfbr-551	416	5	1	1	NUM
amfbr-551	416	6	;	;	PUNCT
amfbr-551	416	7	2020	2020	NUM
amfbr-551	416	8	48	48	NUM
amfbr-551	416	9	-2	-2	NOUN
amfbr-551	416	10	-1	-1	NOUN
amfbr-551	416	11	0	0	NUM
amfbr-551	417	1	1	1	NUM
amfbr-551	417	2	2	2	NUM
amfbr-551	417	3	40	40	NUM
amfbr-551	417	4	45	45	NUM
amfbr-551	417	5	50	50	NUM
amfbr-551	417	6	55	55	NUM
amfbr-551	417	7	60	60	NUM
amfbr-551	417	8	65	65	NUM
amfbr-551	417	9	70	70	NUM
amfbr-551	417	10	75	75	NUM
amfbr-551	417	11	80	80	NUM
amfbr-551	417	12	85	85	NUM
amfbr-551	417	13	90	90	NUM
amfbr-551	417	14	95	95	NUM
amfbr-551	417	15	d(irem)/residirem	d(irem)/residirem	ADJ
amfbr-551	417	16	residuals	residual	NOUN
amfbr-551	417	17	-300,000	-300,000	PUNCT
amfbr-551	417	18	-200,000	-200,000	PUNCT
amfbr-551	418	1	-100,000	-100,000	NOUN
amfbr-551	418	2	0	0	NUM
amfbr-551	418	3	100,000	100,000	NUM
amfbr-551	418	4	200,000	200,000	NUM
amfbr-551	418	5	300,000	300,000	NUM
amfbr-551	418	6	40	40	NUM
amfbr-551	418	7	45	45	NUM
amfbr-551	418	8	50	50	NUM
amfbr-551	418	9	55	55	NUM
amfbr-551	418	10	60	60	NUM
amfbr-551	418	11	65	65	NUM
amfbr-551	418	12	70	70	NUM
amfbr-551	418	13	75	75	NUM
amfbr-551	418	14	80	80	NUM
amfbr-551	418	15	85	85	NUM
amfbr-551	418	16	90	90	NUM
amfbr-551	418	17	95	95	NUM
amfbr-551	418	18	iripv	iripv	NOUN
amfbr-551	418	19	residuals	residual	NOUN
amfbr-551	418	20	-8	-8	NOUN
amfbr-551	419	1	-6	-6	INTJ
amfbr-551	419	2	-4	-4	INTJ
amfbr-551	420	1	-2	-2	NOUN
amfbr-551	420	2	0	0	NUM
amfbr-551	420	3	2	2	NUM
amfbr-551	420	4	4	4	NUM
amfbr-551	420	5	40	40	NUM
amfbr-551	420	6	45	45	NUM
amfbr-551	420	7	50	50	NUM
amfbr-551	420	8	55	55	NUM
amfbr-551	420	9	60	60	NUM
amfbr-551	420	10	65	65	NUM
amfbr-551	420	11	70	70	NUM
amfbr-551	420	12	75	75	NUM
amfbr-551	420	13	80	80	NUM
amfbr-551	420	14	85	85	NUM
amfbr-551	420	15	90	90	NUM
amfbr-551	420	16	95	95	NUM
amfbr-551	420	17	irsv	irsv	PROPN
amfbr-551	420	18	/	/	SYM
amfbr-551	420	19	resid03	resid03	NOUN
amfbr-551	420	20	residuals	residual	NOUN
amfbr-551	420	21	-120,000	-120,000	PUNCT
amfbr-551	420	22	-80,000	-80,000	SYM
amfbr-551	420	23	-40,000	-40,000	NUM
amfbr-551	421	1	0	0	NUM
amfbr-551	421	2	40,000	40,000	NUM
amfbr-551	421	3	80,000	80,000	NUM
amfbr-551	421	4	40	40	NUM
amfbr-551	421	5	45	45	NUM
amfbr-551	421	6	50	50	NUM
amfbr-551	421	7	55	55	NUM
amfbr-551	421	8	60	60	NUM
amfbr-551	421	9	65	65	NUM
amfbr-551	421	10	70	70	NUM
amfbr-551	421	11	75	75	NUM
amfbr-551	421	12	80	80	NUM
amfbr-551	421	13	85	85	NUM
amfbr-551	421	14	90	90	NUM
amfbr-551	421	15	95	95	NUM
amfbr-551	421	16	irgrt	irgrt	VERB
amfbr-551	421	17	v	v	ADP
amfbr-551	421	18	residuals	residual	NOUN
amfbr-551	421	19	-.015	-.015	PUNCT
amfbr-551	421	20	-.010	-.010	PROPN
amfbr-551	421	21	-.005	-.005	PROPN
amfbr-551	421	22	.000	.000	NUM
amfbr-551	421	23	.005	.005	NUM
amfbr-551	421	24	.010	.010	NUM
amfbr-551	421	25	40	40	NUM
amfbr-551	421	26	45	45	NUM
amfbr-551	421	27	50	50	NUM
amfbr-551	421	28	55	55	NUM
amfbr-551	421	29	60	60	NUM
amfbr-551	421	30	65	65	NUM
amfbr-551	421	31	70	70	NUM
amfbr-551	421	32	75	75	NUM
amfbr-551	421	33	80	80	NUM
amfbr-551	421	34	85	85	NUM
amfbr-551	421	35	90	90	NUM
amfbr-551	421	36	95	95	NUM
amfbr-551	421	37	irxdfcpi	irxdfcpi	NOUN
amfbr-551	421	38	/	/	SYM
amfbr-551	421	39	resid05	resid05	NOUN
amfbr-551	421	40	^	^	SYM
amfbr-551	421	41	2	2	NUM
amfbr-551	421	42	residuals	residual	NOUN
amfbr-551	421	43	-400,000	-400,000	PUNCT
amfbr-551	422	1	-200,000	-200,000	SYM
amfbr-551	422	2	0	0	NUM
amfbr-551	422	3	200,000	200,000	NUM
amfbr-551	422	4	400,000	400,000	NUM
amfbr-551	422	5	600,000	600,000	NUM
amfbr-551	422	6	40	40	NUM
amfbr-551	422	7	45	45	NUM
amfbr-551	422	8	50	50	NUM
amfbr-551	422	9	55	55	NUM
amfbr-551	422	10	60	60	NUM
amfbr-551	422	11	65	65	NUM
amfbr-551	422	12	70	70	NUM
amfbr-551	422	13	75	75	NUM
amfbr-551	422	14	80	80	NUM
amfbr-551	422	15	85	85	NUM
amfbr-551	422	16	90	90	NUM
amfbr-551	422	17	95	95	NUM
amfbr-551	422	18	irmdcifp	irmdcifp	ADJ
amfbr-551	422	19	residuals	residual	NOUN
amfbr-551	422	20	-4,000	-4,000	ADV
amfbr-551	423	1	-2,000	-2,000	NUM
amfbr-551	423	2	0	0	NUM
amfbr-551	423	3	2,000	2,000	NUM
amfbr-551	423	4	4,000	4,000	NUM
amfbr-551	423	5	6,000	6,000	NUM
amfbr-551	423	6	8,000	8,000	NUM
amfbr-551	423	7	40	40	NUM
amfbr-551	423	8	45	45	NUM
amfbr-551	423	9	50	50	NUM
amfbr-551	423	10	55	55	NUM
amfbr-551	423	11	60	60	NUM
amfbr-551	423	12	65	65	NUM
amfbr-551	423	13	70	70	NUM
amfbr-551	423	14	75	75	NUM
amfbr-551	423	15	80	80	NUM
amfbr-551	423	16	85	85	NUM
amfbr-551	423	17	90	90	NUM
amfbr-551	423	18	95	95	NUM
amfbr-551	423	19	irxfyv	irxfyv	NOUN
amfbr-551	423	20	residuals	residual	NOUN
amfbr-551	423	21	-3	-3	PUNCT
amfbr-551	423	22	-2	-2	INTJ
amfbr-551	423	23	-1	-1	SYM
amfbr-551	423	24	0	0	NUM
amfbr-551	423	25	1	1	NUM
amfbr-551	423	26	2	2	NUM
amfbr-551	423	27	3	3	NUM
amfbr-551	423	28	4	4	NUM
amfbr-551	423	29	40	40	NUM
amfbr-551	423	30	45	45	NUM
amfbr-551	423	31	50	50	NUM
amfbr-551	423	32	55	55	NUM
amfbr-551	423	33	60	60	NUM
amfbr-551	423	34	65	65	NUM
amfbr-551	423	35	70	70	NUM
amfbr-551	423	36	75	75	NUM
amfbr-551	423	37	80	80	NUM
amfbr-551	423	38	85	85	NUM
amfbr-551	423	39	90	90	NUM
amfbr-551	423	40	95	95	NUM
amfbr-551	423	41	irmfyv	irmfyv	NOUN
amfbr-551	423	42	/	/	SYM
amfbr-551	423	43	resid07	resid07	NOUN
amfbr-551	423	44	^	^	SYM
amfbr-551	423	45	2	2	NUM
amfbr-551	423	46	residuals	residual	NOUN
amfbr-551	423	47	3sls	3sls	NUM
amfbr-551	423	48	structural	structural	ADJ
amfbr-551	423	49	equation	equation	NOUN
amfbr-551	423	50	residual	residual	ADJ
amfbr-551	423	51	correlation	correlation	NOUN
amfbr-551	423	52	table	table	NOUN
amfbr-551	423	53	resid04	resid04	PROPN
amfbr-551	423	54	resid06	resid06	PROPN
amfbr-551	423	55	resid08	resid08	PROPN
amfbr-551	423	56	resid09	resid09	PROPN
amfbr-551	423	57	resid10	resid10	PROPN
amfbr-551	423	58	resid11	resid11	PROPN
amfbr-551	423	59	resid12	resid12	PROPN
amfbr-551	423	60	resid13	resid13	PROPN
amfbr-551	423	61	resid04	resid04	VERB
amfbr-551	424	1	1.00	1.00	NUM
amfbr-551	424	2	0.00	0.00	NUM
amfbr-551	424	3	-0.17	-0.17	NUM
amfbr-551	424	4	0.05	0.05	NUM
amfbr-551	424	5	-0.18	-0.18	NUM
amfbr-551	424	6	-0.03	-0.03	NUM
amfbr-551	424	7	-0.16	-0.16	PROPN
amfbr-551	424	8	-0.01	-0.01	NUM
amfbr-551	424	9	resid06	resid06	NOUN
amfbr-551	424	10	0.00	0.00	NUM
amfbr-551	424	11	1.00	1.00	NUM
amfbr-551	424	12	-0.28	-0.28	NUM
amfbr-551	424	13	-0.37	-0.37	NUM
amfbr-551	424	14	0.05	0.05	NUM
amfbr-551	424	15	-0.18	-0.18	NUM
amfbr-551	424	16	0.07	0.07	NUM
amfbr-551	424	17	0.04	0.04	NUM
amfbr-551	424	18	resid08	resid08	PROPN
amfbr-551	424	19	-0.17	-0.17	ADJ
amfbr-551	424	20	-0.28	-0.28	NUM
amfbr-551	424	21	1.00	1.00	NUM
amfbr-551	424	22	0.07	0.07	NUM
amfbr-551	424	23	0.25	0.25	NUM
amfbr-551	424	24	-0.03	-0.03	NUM
amfbr-551	424	25	0.09	0.09	NUM
amfbr-551	424	26	-0.11	-0.11	NUM
amfbr-551	424	27	resid09	resid09	NOUN
amfbr-551	424	28	0.05	0.05	NUM
amfbr-551	424	29	-0.37	-0.37	NUM
amfbr-551	424	30	0.07	0.07	NUM
amfbr-551	424	31	1.00	1.00	NUM
amfbr-551	424	32	0.08	0.08	NUM
amfbr-551	424	33	-0.06	-0.06	NUM
amfbr-551	424	34	-0.24	-0.24	NUM
amfbr-551	424	35	0.00	0.00	NUM
amfbr-551	424	36	resid10	resid10	X
amfbr-551	424	37	-0.18	-0.18	NUM
amfbr-551	424	38	0.05	0.05	NUM
amfbr-551	424	39	0.25	0.25	NUM
amfbr-551	424	40	0.08	0.08	NUM
amfbr-551	424	41	1.00	1.00	NUM
amfbr-551	424	42	-0.05	-0.05	NUM
amfbr-551	424	43	0.29	0.29	NUM
amfbr-551	424	44	0.17	0.17	NUM
amfbr-551	424	45	resid11	resid11	NOUN
amfbr-551	424	46	-0.03	-0.03	NOUN
amfbr-551	424	47	-0.18	-0.18	PROPN
amfbr-551	424	48	-0.03	-0.03	PROPN
amfbr-551	424	49	-0.06	-0.06	PROPN
amfbr-551	424	50	-0.05	-0.05	NUM
amfbr-551	424	51	1.00	1.00	NUM
amfbr-551	424	52	-0.01	-0.01	NUM
amfbr-551	424	53	0.02	0.02	NUM
amfbr-551	424	54	resid12	resid12	NOUN
amfbr-551	424	55	-0.16	-0.16	NUM
amfbr-551	424	56	0.07	0.07	NUM
amfbr-551	424	57	0.09	0.09	NUM
amfbr-551	424	58	-0.24	-0.24	NUM
amfbr-551	424	59	0.29	0.29	NUM
amfbr-551	424	60	-0.01	-0.01	NUM
amfbr-551	424	61	1.00	1.00	NUM
amfbr-551	424	62	-0.01	-0.01	NUM
amfbr-551	424	63	resid13	resid13	NOUN
amfbr-551	424	64	-0.01	-0.01	NUM
amfbr-551	424	65	0.04	0.04	NUM
amfbr-551	424	66	-0.11	-0.11	NUM
amfbr-551	424	67	0.00	0.00	NUM
amfbr-551	424	68	0.17	0.17	NUM
amfbr-551	424	69	0.02	0.02	NUM
amfbr-551	424	70	-0.01	-0.01	NUM
amfbr-551	424	71	1.00	1.00	NUM
amfbr-551	424	72	copyright	copyright	NOUN
amfbr-551	424	73	©	©	PROPN
amfbr-551	424	74	cc	cc	NOUN
amfbr-551	424	75	-	-	PUNCT
amfbr-551	424	76	by	by	ADP
amfbr-551	424	77	-	-	PUNCT
amfbr-551	424	78	nc	nc	PROPN
amfbr-551	424	79	2020	2020	NUM
amfbr-551	424	80	,	,	PUNCT
amfbr-551	424	81	cribfb	cribfb	PROPN
amfbr-551	424	82	|	|	ADV
amfbr-551	424	83	amfbr	amfbr	ADJ
amfbr-551	424	84	www.cribfb.com/journal/index.php/amfbr	www.cribfb.com/journal/index.php/amfbr	PROPN
amfbr-551	424	85	american	american	PROPN
amfbr-551	424	86	finance	finance	PROPN
amfbr-551	424	87	&	&	CCONJ
amfbr-551	424	88	banking	banking	PROPN
amfbr-551	424	89	review	review	PROPN
amfbr-551	424	90	vol	vol	NOUN
amfbr-551	424	91	.	.	PROPN
amfbr-551	424	92	5	5	NUM
amfbr-551	424	93	,	,	PUNCT
amfbr-551	424	94	no	no	INTJ
amfbr-551	424	95	.	.	NOUN
amfbr-551	424	96	1	1	NUM
amfbr-551	424	97	;	;	PUNCT
amfbr-551	424	98	2020	2020	NUM
amfbr-551	424	99	49	49	NUM
amfbr-551	424	100	0	0	NUM
amfbr-551	424	101	5,000	5,000	NUM
amfbr-551	424	102	10,000	10,000	NUM
amfbr-551	424	103	15,000	15,000	NUM
amfbr-551	424	104	20,000	20,000	NUM
amfbr-551	424	105	25,000	25,000	NUM
amfbr-551	424	106	30,000	30,000	NUM
amfbr-551	424	107	35,000	35,000	NUM
amfbr-551	424	108	40,000	40,000	NUM
amfbr-551	424	109	40	40	NUM
amfbr-551	424	110	45	45	NUM
amfbr-551	424	111	50	50	NUM
amfbr-551	424	112	55	55	NUM
amfbr-551	424	113	60	60	NUM
amfbr-551	424	114	65	65	NUM
amfbr-551	424	115	70	70	NUM
amfbr-551	424	116	75	75	NUM
amfbr-551	424	117	80	80	NUM
amfbr-551	424	118	85	85	NUM
amfbr-551	424	119	90	90	NUM
amfbr-551	424	120	95	95	NUM
amfbr-551	424	121	irem	irem	PROPN
amfbr-551	424	122	irem	irem	PROPN
amfbr-551	424	123	(	(	PUNCT
amfbr-551	424	124	baseline	baseline	PROPN
amfbr-551	424	125	)	)	PUNCT
amfbr-551	424	126	irem	irem	PROPN
amfbr-551	425	1	3sls	3sls	NUM
amfbr-551	425	2	copyrights	copyright	VERB
amfbr-551	425	3	copyright	copyright	NOUN
amfbr-551	425	4	for	for	ADP
amfbr-551	425	5	this	this	DET
amfbr-551	425	6	article	article	NOUN
amfbr-551	425	7	is	be	AUX
amfbr-551	425	8	retained	retain	VERB
amfbr-551	425	9	by	by	ADP
amfbr-551	425	10	the	the	DET
amfbr-551	425	11	author(s	author(s	PROPN
amfbr-551	425	12	)	)	PUNCT
amfbr-551	425	13	,	,	PUNCT
amfbr-551	425	14	with	with	ADP
amfbr-551	425	15	first	first	ADJ
amfbr-551	425	16	publication	publication	NOUN
amfbr-551	425	17	rights	right	NOUN
amfbr-551	425	18	granted	grant	VERB
amfbr-551	425	19	to	to	ADP
amfbr-551	425	20	the	the	DET
amfbr-551	425	21	journal	journal	NOUN
amfbr-551	425	22	.	.	PUNCT
amfbr-551	426	1	this	this	PRON
amfbr-551	426	2	is	be	AUX
amfbr-551	426	3	an	an	DET
amfbr-551	426	4	open	open	ADJ
amfbr-551	426	5	-	-	PUNCT
amfbr-551	426	6	access	access	NOUN
amfbr-551	426	7	article	article	NOUN
amfbr-551	426	8	distributed	distribute	VERB
amfbr-551	426	9	under	under	ADP
amfbr-551	426	10	the	the	DET
amfbr-551	426	11	terms	term	NOUN
amfbr-551	426	12	and	and	CCONJ
amfbr-551	426	13	conditions	condition	NOUN
amfbr-551	426	14	of	of	ADP
amfbr-551	426	15	the	the	DET
amfbr-551	426	16	creative	creative	ADJ
amfbr-551	426	17	commons	common	NOUN
amfbr-551	426	18	attribution	attribution	NOUN
amfbr-551	426	19	license	license	NOUN
amfbr-551	426	20	(	(	PUNCT
amfbr-551	426	21	http://creativecommons.org/licenses/by/4.0/	http://creativecommons.org/licenses/by/4.0/	PROPN
amfbr-551	426	22	)	)	PUNCT
amfbr-551	426	23	.	.	PUNCT
amfbr-551	427	1	0	0	NUM
amfbr-551	427	2	10,000	10,000	NUM
amfbr-551	427	3	20,000	20,000	NUM
amfbr-551	427	4	30,000	30,000	NUM
amfbr-551	427	5	40,000	40,000	NUM
amfbr-551	427	6	1340	1340	NUM
amfbr-551	427	7	1350	1350	NUM
amfbr-551	427	8	1360	1360	NUM
amfbr-551	427	9	1370	1370	NUM
amfbr-551	427	10	1380	1380	NUM
amfbr-551	427	11	1390	1390	NUM
amfbr-551	427	12	actuals	actual	NOUN
amfbr-551	427	13	irem	irem	PROPN
amfbr-551	427	14	(	(	PUNCT
amfbr-551	427	15	baseline	baseline	PROPN
amfbr-551	427	16	)	)	PUNCT
amfbr-551	427	17	irem	irem	NOUN
amfbr-551	427	18	0	0	NUM
amfbr-551	428	1	500	500	NUM
amfbr-551	428	2	,	,	PUNCT
amfbr-551	428	3	000	000	NUM
amfbr-551	428	4	1	1	NUM
amfbr-551	428	5	,	,	PUNCT
amfbr-551	428	6	000	000	NUM
amfbr-551	428	7	,	,	PUNCT
amfbr-551	428	8	00	00	NUM
amfbr-551	428	9	0	0	NUM
amfbr-551	428	10	1	1	NUM
amfbr-551	428	11	,	,	PUNCT
amfbr-551	428	12	500	500	NUM
amfbr-551	428	13	,	,	PUNCT
amfbr-551	428	14	00	00	NUM
amfbr-551	428	15	0	0	NUM
amfbr-551	428	16	2	2	NUM
amfbr-551	428	17	,	,	PUNCT
amfbr-551	428	18	000	000	NUM
amfbr-551	428	19	,	,	PUNCT
amfbr-551	428	20	00	00	NUM
amfbr-551	428	21	0	0	NUM
amfbr-551	428	22	2	2	NUM
amfbr-551	428	23	,	,	PUNCT
amfbr-551	428	24	500	500	NUM
amfbr-551	428	25	,	,	PUNCT
amfbr-551	428	26	00	00	NUM
amfbr-551	428	27	0	0	NUM
amfbr-551	428	28	3	3	NUM
amfbr-551	428	29	,	,	PUNCT
amfbr-551	428	30	000	000	NUM
amfbr-551	428	31	,	,	PUNCT
amfbr-551	428	32	00	00	NUM
amfbr-551	428	33	0	0	NUM
amfbr-551	428	34	1340	1340	NUM
amfbr-551	428	35	1350	1350	NUM
amfbr-551	428	36	1360	1360	NUM
amfbr-551	428	37	1370	1370	NUM
amfbr-551	428	38	1380	1380	NUM
amfbr-551	428	39	1390	1390	NUM
amfbr-551	428	40	actuals	actual	NOUN
amfbr-551	428	41	irgdpm	irgdpm	NOUN
amfbr-551	428	42	(	(	PUNCT
amfbr-551	428	43	baseline	baseline	NOUN
amfbr-551	428	44	)	)	PUNCT
amfbr-551	428	45	irgdpm	irgdpm	X
amfbr-551	428	46	0	0	NUM
amfbr-551	428	47	2	2	NUM
amfbr-551	428	48	,	,	PUNCT
amfbr-551	428	49	500	500	NUM
amfbr-551	428	50	,	,	PUNCT
amfbr-551	428	51	00	00	NUM
amfbr-551	428	52	0	0	NUM
amfbr-551	428	53	5	5	NUM
amfbr-551	428	54	,	,	PUNCT
amfbr-551	428	55	000	000	NUM
amfbr-551	428	56	,	,	PUNCT
amfbr-551	428	57	00	00	NUM
amfbr-551	428	58	0	0	NUM
amfbr-551	428	59	7	7	NUM
amfbr-551	428	60	,	,	PUNCT
amfbr-551	428	61	500	500	NUM
amfbr-551	428	62	,	,	PUNCT
amfbr-551	428	63	00	00	NUM
amfbr-551	428	64	0	0	NUM
amfbr-551	429	1	10,000,0	10,000,0	NUM
amfbr-551	429	2	00	00	NUM
amfbr-551	429	3	12,500,0	12,500,0	NUM
amfbr-551	429	4	00	00	NUM
amfbr-551	429	5	15,000,0	15,000,0	NUM
amfbr-551	429	6	00	00	NUM
amfbr-551	429	7	1340	1340	NUM
amfbr-551	429	8	1350	1350	NUM
amfbr-551	429	9	1360	1360	NUM
amfbr-551	429	10	1370	1370	NUM
amfbr-551	429	11	1380	1380	NUM
amfbr-551	429	12	1390	1390	NUM
amfbr-551	429	13	actuals	actual	NOUN
amfbr-551	429	14	irgdpmv	irgdpmv	NOUN
amfbr-551	429	15	(	(	PUNCT
amfbr-551	429	16	baseline	baseline	PROPN
amfbr-551	429	17	)	)	PUNCT
amfbr-551	429	18	irgdpmv	irgdpmv	NOUN
amfbr-551	429	19	0	0	NUM
amfbr-551	429	20	200	200	NUM
amfbr-551	429	21	,	,	PUNCT
amfbr-551	429	22	000	000	NUM
amfbr-551	429	23	400	400	NUM
amfbr-551	429	24	,	,	PUNCT
amfbr-551	429	25	000	000	NUM
amfbr-551	429	26	600	600	NUM
amfbr-551	429	27	,	,	PUNCT
amfbr-551	429	28	000	000	NUM
amfbr-551	429	29	800	800	NUM
amfbr-551	429	30	,	,	PUNCT
amfbr-551	429	31	000	000	NUM
amfbr-551	429	32	1	1	NUM
amfbr-551	429	33	,	,	PUNCT
amfbr-551	429	34	000	000	NUM
amfbr-551	429	35	,	,	PUNCT
amfbr-551	429	36	00	00	NUM
amfbr-551	429	37	0	0	NUM
amfbr-551	429	38	1	1	NUM
amfbr-551	429	39	,	,	PUNCT
amfbr-551	429	40	200	200	NUM
amfbr-551	429	41	,	,	PUNCT
amfbr-551	429	42	00	00	NUM
amfbr-551	429	43	0	0	NUM
amfbr-551	429	44	1340	1340	NUM
amfbr-551	429	45	1350	1350	NUM
amfbr-551	429	46	1360	1360	NUM
amfbr-551	429	47	1370	1370	NUM
amfbr-551	429	48	1380	1380	NUM
amfbr-551	429	49	1390	1390	NUM
amfbr-551	429	50	actuals	actual	NOUN
amfbr-551	429	51	irgrtv	irgrtv	NOUN
amfbr-551	429	52	(	(	PUNCT
amfbr-551	429	53	baseline	baseline	NOUN
amfbr-551	429	54	)	)	PUNCT
amfbr-551	429	55	irgrtv	irgrtv	NOUN
amfbr-551	429	56	-1	-1	PUNCT
amfbr-551	429	57	,	,	PUNCT
amfbr-551	429	58	000	000	NUM
amfbr-551	429	59	,	,	PUNCT
amfbr-551	429	60	00	00	NUM
amfbr-551	429	61	0	0	NUM
amfbr-551	429	62	0	0	NUM
amfbr-551	429	63	1	1	NUM
amfbr-551	429	64	,	,	PUNCT
amfbr-551	429	65	000	000	NUM
amfbr-551	429	66	,	,	PUNCT
amfbr-551	429	67	00	00	NUM
amfbr-551	429	68	0	0	NUM
amfbr-551	429	69	2	2	NUM
amfbr-551	429	70	,	,	PUNCT
amfbr-551	429	71	000	000	NUM
amfbr-551	429	72	,	,	PUNCT
amfbr-551	429	73	00	00	NUM
amfbr-551	429	74	0	0	NUM
amfbr-551	429	75	3	3	NUM
amfbr-551	429	76	,	,	PUNCT
amfbr-551	429	77	000	000	NUM
amfbr-551	429	78	,	,	PUNCT
amfbr-551	429	79	00	00	NUM
amfbr-551	429	80	0	0	NUM
amfbr-551	429	81	4	4	NUM
amfbr-551	429	82	,	,	PUNCT
amfbr-551	429	83	000	000	NUM
amfbr-551	429	84	,	,	PUNCT
amfbr-551	429	85	00	00	NUM
amfbr-551	429	86	0	0	NUM
amfbr-551	429	87	1340	1340	NUM
amfbr-551	429	88	1350	1350	NUM
amfbr-551	429	89	1360	1360	NUM
amfbr-551	429	90	1370	1370	NUM
amfbr-551	429	91	1380	1380	NUM
amfbr-551	429	92	1390	1390	NUM
amfbr-551	429	93	actuals	actual	NOUN
amfbr-551	429	94	iripv	iripv	NOUN
amfbr-551	429	95	(	(	PUNCT
amfbr-551	429	96	baseline	baseline	NOUN
amfbr-551	429	97	)	)	PUNCT
amfbr-551	429	98	iripv	iripv	VERB
amfbr-551	429	99	-200	-200	NUM
amfbr-551	429	100	,	,	PUNCT
amfbr-551	429	101	000	000	NUM
amfbr-551	429	102	-100	-100	NUM
amfbr-551	429	103	,	,	PUNCT
amfbr-551	429	104	000	000	NUM
amfbr-551	429	105	0	0	NUM
amfbr-551	429	106	100	100	NUM
amfbr-551	429	107	,	,	PUNCT
amfbr-551	429	108	000	000	NUM
amfbr-551	429	109	200	200	NUM
amfbr-551	429	110	,	,	PUNCT
amfbr-551	429	111	000	000	NUM
amfbr-551	429	112	300	300	NUM
amfbr-551	429	113	,	,	PUNCT
amfbr-551	429	114	000	000	NUM
amfbr-551	429	115	400	400	NUM
amfbr-551	429	116	,	,	PUNCT
amfbr-551	429	117	000	000	NUM
amfbr-551	429	118	1340	1340	NUM
amfbr-551	430	1	1350	1350	NUM
amfbr-551	430	2	1360	1360	NUM
amfbr-551	430	3	1370	1370	NUM
amfbr-551	430	4	1380	1380	NUM
amfbr-551	430	5	1390	1390	NUM
amfbr-551	430	6	actuals	actual	NOUN
amfbr-551	430	7	irmd	irmd	ADJ
amfbr-551	430	8	(	(	PUNCT
amfbr-551	430	9	baseline	baseline	PROPN
amfbr-551	430	10	)	)	PUNCT
amfbr-551	430	11	irmd	irmd	ADV
amfbr-551	430	12	-500	-500	PROPN
amfbr-551	430	13	,	,	PUNCT
amfbr-551	430	14	000	000	NUM
amfbr-551	430	15	0	0	NUM
amfbr-551	430	16	500	500	NUM
amfbr-551	430	17	,	,	PUNCT
amfbr-551	430	18	000	000	NUM
amfbr-551	430	19	1	1	NUM
amfbr-551	430	20	,	,	PUNCT
amfbr-551	430	21	000	000	NUM
amfbr-551	430	22	,	,	PUNCT
amfbr-551	430	23	00	00	NUM
amfbr-551	430	24	0	0	NUM
amfbr-551	430	25	1	1	NUM
amfbr-551	430	26	,	,	PUNCT
amfbr-551	430	27	500	500	NUM
amfbr-551	430	28	,	,	PUNCT
amfbr-551	430	29	00	00	NUM
amfbr-551	430	30	0	0	NUM
amfbr-551	430	31	2	2	NUM
amfbr-551	430	32	,	,	PUNCT
amfbr-551	430	33	000	000	NUM
amfbr-551	430	34	,	,	PUNCT
amfbr-551	430	35	00	00	NUM
amfbr-551	430	36	0	0	NUM
amfbr-551	430	37	2	2	NUM
amfbr-551	430	38	,	,	PUNCT
amfbr-551	430	39	500	500	NUM
amfbr-551	430	40	,	,	PUNCT
amfbr-551	430	41	00	00	NUM
amfbr-551	430	42	0	0	NUM
amfbr-551	430	43	3	3	NUM
amfbr-551	430	44	,	,	PUNCT
amfbr-551	430	45	000	000	NUM
amfbr-551	430	46	,	,	PUNCT
amfbr-551	430	47	00	00	NUM
amfbr-551	430	48	0	0	NUM
amfbr-551	430	49	1340	1340	NUM
amfbr-551	430	50	1350	1350	NUM
amfbr-551	430	51	1360	1360	NUM
amfbr-551	430	52	1370	1370	NUM
amfbr-551	430	53	1380	1380	NUM
amfbr-551	430	54	1390	1390	NUM
amfbr-551	430	55	actuals	actual	NOUN
amfbr-551	430	56	irmdcifp	irmdcifp	ADJ
amfbr-551	430	57	(	(	PUNCT
amfbr-551	430	58	baseline	baseline	NOUN
amfbr-551	430	59	)	)	PUNCT
amfbr-551	430	60	irmdcifp	irmdcifp	ADJ
amfbr-551	430	61	0	0	NUM
amfbr-551	430	62	10,000	10,000	NUM
amfbr-551	430	63	20,000	20,000	NUM
amfbr-551	430	64	30,000	30,000	NUM
amfbr-551	430	65	40,000	40,000	NUM
amfbr-551	430	66	1340	1340	NUM
amfbr-551	430	67	1350	1350	NUM
amfbr-551	430	68	1360	1360	NUM
amfbr-551	430	69	1370	1370	NUM
amfbr-551	430	70	1380	1380	NUM
amfbr-551	430	71	1390	1390	NUM
amfbr-551	430	72	actuals	actual	NOUN
amfbr-551	430	73	irmfyv	irmfyv	NOUN
amfbr-551	430	74	(	(	PUNCT
amfbr-551	430	75	baseline	baseline	NOUN
amfbr-551	430	76	)	)	PUNCT
amfbr-551	430	77	irmfyv	irmfyv	PROPN
amfbr-551	430	78	-4	-4	INTJ
amfbr-551	430	79	,	,	PUNCT
amfbr-551	430	80	000	000	NUM
amfbr-551	430	81	,	,	PUNCT
amfbr-551	430	82	00	00	NUM
amfbr-551	430	83	0	0	NUM
amfbr-551	431	1	-2	-2	INTJ
amfbr-551	431	2	,	,	PUNCT
amfbr-551	431	3	000	000	NUM
amfbr-551	431	4	,	,	PUNCT
amfbr-551	431	5	00	00	NUM
amfbr-551	431	6	0	0	NUM
amfbr-551	431	7	0	0	NUM
amfbr-551	431	8	2	2	NUM
amfbr-551	431	9	,	,	PUNCT
amfbr-551	431	10	000	000	NUM
amfbr-551	431	11	,	,	PUNCT
amfbr-551	431	12	00	00	NUM
amfbr-551	431	13	0	0	NUM
amfbr-551	431	14	4	4	NUM
amfbr-551	431	15	,	,	PUNCT
amfbr-551	431	16	000	000	NUM
amfbr-551	431	17	,	,	PUNCT
amfbr-551	431	18	00	00	NUM
amfbr-551	431	19	0	0	NUM
amfbr-551	431	20	6	6	NUM
amfbr-551	431	21	,	,	PUNCT
amfbr-551	431	22	000	000	NUM
amfbr-551	431	23	,	,	PUNCT
amfbr-551	431	24	00	00	NUM
amfbr-551	431	25	0	0	NUM
amfbr-551	431	26	1340	1340	NUM
amfbr-551	431	27	1350	1350	NUM
amfbr-551	431	28	1360	1360	NUM
amfbr-551	432	1	1370	1370	NUM
amfbr-551	432	2	1380	1380	NUM
amfbr-551	432	3	1390	1390	NUM
amfbr-551	432	4	actuals	actual	NOUN
amfbr-551	432	5	irmv	irmv	NOUN
amfbr-551	432	6	(	(	PUNCT
amfbr-551	432	7	baseline	baseline	NOUN
amfbr-551	432	8	)	)	PUNCT
amfbr-551	432	9	irmv	irmv	NOUN
amfbr-551	432	10	0	0	NUM
amfbr-551	432	11	2	2	NUM
amfbr-551	432	12	4	4	NUM
amfbr-551	432	13	6	6	NUM
amfbr-551	432	14	8	8	NUM
amfbr-551	432	15	1340	1340	NUM
amfbr-551	432	16	1350	1350	NUM
amfbr-551	432	17	1360	1360	NUM
amfbr-551	432	18	1370	1370	NUM
amfbr-551	432	19	1380	1380	NUM
amfbr-551	432	20	1390	1390	NUM
amfbr-551	432	21	actuals	actual	NOUN
amfbr-551	432	22	irpgdpm	irpgdpm	NOUN
amfbr-551	432	23	(	(	PUNCT
amfbr-551	432	24	baseline	baseline	NOUN
amfbr-551	432	25	)	)	PUNCT
amfbr-551	432	26	irpgdpm	irpgdpm	NOUN
amfbr-551	432	27	-1	-1	PUNCT
amfbr-551	432	28	,	,	PUNCT
amfbr-551	432	29	000	000	NUM
amfbr-551	432	30	,	,	PUNCT
amfbr-551	432	31	00	00	NUM
amfbr-551	432	32	0	0	NUM
amfbr-551	432	33	0	0	NUM
amfbr-551	432	34	1	1	NUM
amfbr-551	432	35	,	,	PUNCT
amfbr-551	432	36	000	000	NUM
amfbr-551	432	37	,	,	PUNCT
amfbr-551	432	38	00	00	NUM
amfbr-551	432	39	0	0	NUM
amfbr-551	432	40	2	2	NUM
amfbr-551	432	41	,	,	PUNCT
amfbr-551	432	42	000	000	NUM
amfbr-551	432	43	,	,	PUNCT
amfbr-551	432	44	00	00	NUM
amfbr-551	432	45	0	0	NUM
amfbr-551	432	46	3	3	NUM
amfbr-551	432	47	,	,	PUNCT
amfbr-551	432	48	000	000	NUM
amfbr-551	432	49	,	,	PUNCT
amfbr-551	432	50	00	00	NUM
amfbr-551	432	51	0	0	NUM
amfbr-551	432	52	4	4	NUM
amfbr-551	432	53	,	,	PUNCT
amfbr-551	432	54	000	000	NUM
amfbr-551	432	55	,	,	PUNCT
amfbr-551	432	56	00	00	NUM
amfbr-551	432	57	0	0	NUM
amfbr-551	432	58	5	5	NUM
amfbr-551	432	59	,	,	PUNCT
amfbr-551	432	60	000	000	NUM
amfbr-551	432	61	,	,	PUNCT
amfbr-551	432	62	00	00	NUM
amfbr-551	432	63	0	0	NUM
amfbr-551	432	64	1340	1340	NUM
amfbr-551	432	65	1350	1350	NUM
amfbr-551	432	66	1360	1360	NUM
amfbr-551	432	67	1370	1370	NUM
amfbr-551	432	68	1380	1380	NUM
amfbr-551	432	69	1390	1390	NUM
amfbr-551	432	70	actuals	actual	NOUN
amfbr-551	432	71	irsv	irsv	PROPN
amfbr-551	432	72	(	(	PUNCT
amfbr-551	432	73	baseline	baseline	PROPN
amfbr-551	432	74	)	)	PUNCT
amfbr-551	432	75	irsv	irsv	ADV
amfbr-551	432	76	0	0	NUM
amfbr-551	432	77	40,000	40,000	NUM
amfbr-551	432	78	80,000	80,000	NUM
amfbr-551	432	79	120	120	NUM
amfbr-551	432	80	,	,	PUNCT
amfbr-551	432	81	000	000	NUM
amfbr-551	432	82	160	160	NUM
amfbr-551	432	83	,	,	PUNCT
amfbr-551	432	84	000	000	NUM
amfbr-551	432	85	1340	1340	NUM
amfbr-551	432	86	1350	1350	NUM
amfbr-551	432	87	1360	1360	NUM
amfbr-551	432	88	1370	1370	NUM
amfbr-551	432	89	1380	1380	NUM
amfbr-551	432	90	1390	1390	NUM
amfbr-551	432	91	actuals	actual	NOUN
amfbr-551	432	92	irxd	irxd	NOUN
amfbr-551	432	93	(	(	PUNCT
amfbr-551	432	94	baseline	baseline	NOUN
amfbr-551	432	95	)	)	PUNCT
amfbr-551	432	96	irxd	irxd	NOUN
amfbr-551	432	97	0	0	NUM
amfbr-551	432	98	50,000	50,000	NUM
amfbr-551	432	99	100	100	NUM
amfbr-551	432	100	,	,	PUNCT
amfbr-551	432	101	000	000	NUM
amfbr-551	432	102	150	150	NUM
amfbr-551	432	103	,	,	PUNCT
amfbr-551	432	104	000	000	NUM
amfbr-551	432	105	200	200	NUM
amfbr-551	432	106	,	,	PUNCT
amfbr-551	432	107	000	000	NUM
amfbr-551	432	108	1340	1340	NUM
amfbr-551	432	109	1350	1350	NUM
amfbr-551	432	110	1360	1360	NUM
amfbr-551	432	111	1370	1370	NUM
amfbr-551	432	112	1380	1380	NUM
amfbr-551	432	113	1390	1390	NUM
amfbr-551	432	114	actuals	actual	NOUN
amfbr-551	432	115	irxdfcpi	irxdfcpi	NOUN
amfbr-551	432	116	(	(	PUNCT
amfbr-551	432	117	baseline	baseline	NOUN
amfbr-551	432	118	)	)	PUNCT
amfbr-551	432	119	irxdfcpi	irxdfcpi	NOUN
amfbr-551	432	120	-20	-20	PUNCT
amfbr-551	432	121	,	,	PUNCT
amfbr-551	432	122	000	000	NUM
amfbr-551	432	123	0	0	NUM
amfbr-551	432	124	20,000	20,000	NUM
amfbr-551	432	125	40,000	40,000	NUM
amfbr-551	432	126	60,000	60,000	NUM
amfbr-551	432	127	80,000	80,000	NUM
amfbr-551	432	128	1340	1340	NUM
amfbr-551	432	129	1350	1350	NUM
amfbr-551	432	130	1360	1360	NUM
amfbr-551	432	131	1370	1370	NUM
amfbr-551	432	132	1380	1380	NUM
amfbr-551	432	133	1390	1390	NUM
amfbr-551	432	134	actuals	actual	NOUN
amfbr-551	432	135	irxfyv	irxfyv	NOUN
amfbr-551	432	136	(	(	PUNCT
amfbr-551	432	137	baseline	baseline	NOUN
amfbr-551	432	138	)	)	PUNCT
amfbr-551	432	139	irxfyv	irxfyv	NOUN
amfbr-551	432	140	0	0	NUM
amfbr-551	432	141	1	1	NUM
amfbr-551	432	142	,	,	PUNCT
amfbr-551	432	143	000	000	NUM
amfbr-551	432	144	,	,	PUNCT
amfbr-551	432	145	00	00	NUM
amfbr-551	432	146	0	0	NUM
amfbr-551	432	147	2	2	NUM
amfbr-551	432	148	,	,	PUNCT
amfbr-551	432	149	000	000	NUM
amfbr-551	432	150	,	,	PUNCT
amfbr-551	432	151	00	00	NUM
amfbr-551	432	152	0	0	NUM
amfbr-551	432	153	3	3	NUM
amfbr-551	432	154	,	,	PUNCT
amfbr-551	432	155	000	000	NUM
amfbr-551	432	156	,	,	PUNCT
amfbr-551	432	157	00	00	NUM
amfbr-551	432	158	0	0	NUM
amfbr-551	432	159	4	4	NUM
amfbr-551	432	160	,	,	PUNCT
amfbr-551	432	161	000	000	NUM
amfbr-551	432	162	,	,	PUNCT
amfbr-551	432	163	00	00	NUM
amfbr-551	432	164	0	0	NUM
amfbr-551	432	165	1340	1340	NUM
amfbr-551	432	166	1350	1350	NUM
amfbr-551	432	167	1360	1360	NUM
amfbr-551	432	168	1370	1370	NUM
amfbr-551	432	169	1380	1380	NUM
amfbr-551	432	170	1390	1390	NUM
amfbr-551	432	171	actuals	actual	NOUN
amfbr-551	432	172	irxv	irxv	NOUN
amfbr-551	432	173	(	(	PUNCT
amfbr-551	432	174	baseline	baseline	PROPN
amfbr-551	432	175	)	)	PUNCT
amfbr-551	432	176	irxv	irxv	NOUN
amfbr-551	432	177	3sls	3sls	NUM
amfbr-551	432	178	simulation	simulation	NOUN