Variable | Z-Score | |||
(1) | (2) | (3) | (4) | |
Tier 1 Cap (−1) | 4.688*** (0.819) |
| 4.554*** (0.819) |
|
Tier 1 Lev (−1) |
| 13.44*** (1.190) |
| 8.954*** (1.190) |
LLPGL (−1) | −0.865*** (0.143) | −0.875*** (0.126) | −0.947*** (0.143) | −1.047*** (0.126) |
COV (−1) | −0.160*** (0.0341) | −0.149*** (0.0318) | −0.184*** (0.0341) | −0.180*** (0.0318) |
TEXASR (−1) | −12.05*** (1.499) | −11.96*** (1.553) | −10.75*** (1.499) | −9.758*** (1.553) |
SIZE (−1) | −0.00523 (0.0241) | 0.0399 (0.0255) | −0.0230 (0.0241) | 0.00588 (0.0255) |
LIQ (−1) | −0.666*** (0.216) | −0.643** (0.254) | −0.746*** (0.216) | −0.728*** (0.254) |
EFF (−1) | −0.538*** (0.0995) | −0.429*** (0.102) | −0.644*** (0.0995) | −0.607*** (0.102) |
ΔGDP (−1) | −0.0258 (0.394) | −0.0597 (0.379) | −0.0161 (0.394) | −0.0319 (0.379) |
EURIBOR (−1) | −7.260 (50.51) | −13.86 (50.27) | −3.590 (50.51) | −4.868 (50.27) |
HHI (−1) | 0.142 (0.309) | −0.00715 (0.347) | 0.390 (0.309) | 0.305 (0.347) |
Time FE | Yes | Yes | Yes | Yes |
Country FE | Yes | Yes | Yes | Yes |
Bootstrap Standard Errors | Yes | Yes | Yes | Yes |
Observations | 2545 | 2555 | 2545 | 2555 |