Model | Fixed effect | Random effect |
gdp | 0.23541*** | 0.23462*** |
(0.088) | (0.087) | |
i | 0.04264 | 0.07000 |
(0.106) | (0.104) | |
e | −0.14857*** | −0.14922*** |
(0.052) | (0.052) | |
usgdp | −0.83300*** | −0.83143*** |
(0.210) | (0.210) | |
usi | 0.18288 | 0.17851 |
(0.161) | (0.161) | |
VIX | −0.16476*** | −0.16467*** |
(0.042) | (0.041) | |
fsd | 0.00274** | 0.00239** |
(0.001) | (0.001) | |
_cons | −0.09136 | −0.41492 |
(1.348) | (2.287) | |
N | 918 | 918 |
F/wald | 6.65795 | 47.38 |
P_value (F) | 0.0000 | 0.0000 |
Hausman (p) | Chi2(7) = 2.71, p = 0.9102 |