Variables

NDefault

LDefault

HDefault

Default

FinTech

0.3429***

−0.2430**

−0.0707***

−0.0322***

(0.126)

(0.104)

(0.022)

(0.010)

Constant

24.1664**

61.6611***

9.8119***

4.6156***

(11.416)

(9.917)

(2.157)

(0.845)

Bank FE

NO

NO

NO

NO

Observations

35

35

35

35

R-squared

0.493

0.387

0.167

0.090