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Table 5: Partial Correlations with Alternative Interest Margins 1/
In Levels UninsDep UninsIntMarg JumboIntMarg DepIntMarg
UninsDep 1.000 ... ... ...
UninsIntMarg 0.083 1.000 ... ...
JumboIntMarg -0.006 0.837 1.000 ...
DepIntMarg -0.160 -0.310 0.224 1.000
In First difference D.UninsDep D.UninsIntMarg D.JumboIntMarg D.DepIntMarg
D.UninsDep 1.000 ... ... ...
D.UninsIntMarg -0.032 1.000 ... ...
D.JumboIntMarg -0.050 0.956 1.000 ...
D.DepIntMarg -0.100 -0.094 0.152 1.000

1/ D = in first differences.

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