Endogenous variable: Bank stability (Zscore) | ||||
VARIABLES | Model 1 | Model 2 | Model 3 | Model 4 |
L.Zscore | 1.143*** | 1.143*** | 1.164*** | 1.178*** |
| (19.71) | (19.71) | (32.74) | (39.80) |
lcd | −9.585 | −9.585 | −13.34 | −9.353* |
| (−1.57) | (−1.57) | (−1.96) | (−1.75) |
lpibh | 4.499*** | 4.499*** | 6.108** | 6.209*** |
| (3.39) | (3.39) | (3.08) | (3.85) |
inf | −0.104 | −0.104 | −0.167* | −0.124 |
| (−1.30) | (−1.30) | (−2.06) | (−1.49) |
sbg | −0.298 | −0.298 | −0.439** | −0.438** |
| (−1.18) | (−1.18) | (−2.59) | (−2.88) |
scc | −0.522*** | −0.522*** | −0.556** | −0.495** |
| (−5.49) | (−5.49) | (−2.99) | (−2.67) |
cbsp | 2.580*** | 2.580*** | 2.387** | 2.620*** |
| (3.30) | (3.30) | (3.18) | (4.42) |
depban | −0.008** | −0.008** | −0.012** | −0.013*** |
| (−2.70) | (−2.70) | (−2.87) | (−3.96) |
asdep |
| −1.510 | −21.680* |
|
|
| (−0.41) | (−2.45) |
|
marint |
|
| −2.699* | −2.436* |
|
|
| (−2.37) | (−2.37) |
lcd*asdep |
|
|
| −9.272*** |
|
|
|
| (−5.10) |
Constant | 4.314 | −7.124 | 47.860 | 10.480 |
| (0.14) | (−0.25) | (1.42) | (0.30) |
Observations | 60 | 60 | 60 | 60 |
Number of ids | 6 | 6 | 6 | 6 |
AR(1) | 0.069 | 0.069 | 0.018 | 0.017 |
AR(2) | 0.677 | 0.677 | 0.687 | 0.885 |
Sargan | 0.138 | 0.112 | 0.554 | 0.346 |
Hansen | 1.000 | 1.000 | 1.000 | 1.000 |
Probability (Wald) | 0.434 | 0.556 | 0.702 | 0.000 |
Number d’inst | 50 | 50 | 50 | 50 |