Variable | Z-Score | |||
FE | OLS | |||
(1) | (2) | (1) | (2) | |
Tier 1 Cap (−1) | 4.688*** (1.815) |
| 4.554** (1.861) |
|
Tier 1 Lev (−1) |
| 13.44*** (2.522) |
| 8.954*** (2.800) |
LLPGL (−1) | −0.865*** (0.162) | −0.875*** (0.183) | −0.947*** (0.164) | −1.047*** (0.176) |
COV (−1) | −0.160** (0.0720) | −0.149** (0.0622) | −0.184*** (0.0670) | −0.180*** (0.0577) |
TEXASR (−1) | −12.05*** (3.620) | −11.96*** (3.145) | −10.75*** (3.507) | −9.758*** (3.294) |
SIZE (−1) | −0.00523 (0.0593) | 0.0399 (0.0666) | −0.0230 (0.0556) | 0.00588 (0.0596) |
LIQ (−1) | −0.666 (0.413) | −0.643 (0.429) | −0.746* (0.417) | −0.728 (0.438) |
EFF (−1) | −0.538*** (0.112) | −0.429*** (0.0919) | −0.644*** (0.121) | −0.607*** (0.114) |
ΔGDP (−1) | −0.0258 (0.238) | −0.0597 (0.225) | −0.0161 (0.249) | −0.0319 (0.242) |
EURIBOR (−1) | −7.260 (36.93) | −13.86 (37.06) | −3.590 (37.63) | −4.868 (37.64) |
HHI (−1) | 0.142 (0.555) | −0.00715 (0.543) | 0.390 (0.524) | 0.305 (0.499) |
Time FE | Yes | Yes | Yes | Yes |
Country FE | Yes | Yes | Yes | Yes |
Cluster S.E. Bank | Yes | Yes | Yes | Yes |
Observations | 2545 | 2555 | 2545 | 2555 |