Dependent variable: NPL Impaired Loans/Gross Loans (%) | Coefficient | OLS | GMM |
t-statistic | t-statistic | ||
(Constant) | −6.016 | −7.227*** | −4.616*** |
Bank's capital (t − 1) Equity/Total Assets - % | 0.648 | 6.735*** | 4.495*** |
Loan amount (LAMOUNT) | 0.429 | 10.307*** | 6.401*** |
Capital (t − 1) * Loan-Amount | −0.039 | −7.923*** | −5.123*** |
LASSETS | −0.002 | −3.293*** | −4.603*** |
SUBDEBT | −1.502 | −0.674 | −0.480 |
LIQUIDITY | −5.014 | −4.020*** | −3.663*** |
Adj-R2 | 0.092 | ||
Observation | 3672 |