Table 1 Basic statistics

	Unit	Mean	S.D.	Min.	Max.	Obs.
Apt. price (log)	2017.11=100	1.932	0.033	1.888	2.016	87
CB yield (%)	%	2.149	0.303	1.645	2.048	87
Gov. spending (log)	Billion won	4.249	0.083	4.131	4.374	87
Unemployed (log)	Thousand	3.014	0.041	2.886	3.158	87
Oil price (log)	2015=100 (dollar basis)	2.04	0.118	1.583	2.318	87
Uncertainty (log)	2013:2=91.86	2.085	0.164	1.706	2.561	87
Production (log)	2015=100	2.034	0.007	2.014	2.048	87
Real GDP (log)	Billion won	4.980	0.022	4.939	5.018	87