Name of Variable

(1)

(2)

(4)

(5)

(6)

(7)

(8)

L. riskd

0.889***

0.876***

0.879***

0.770***

0.769***

0.733***

0.757***

(53.74)

(46.62)

(74.35)

(40.00)

(37.13)

(44.26)

(32.44)

ifi

0.091***

0.061***

0.059***

0.070***

0.073***

0.065***

0.043*

(8.87)

(5.24)

(3.97)

(3.87)

(3.94)

(3.16)

(1.79)

car

0.032***

0.010

0.031***

0.029***

0.024***

0.025***

(5.81)

(1.34)

(4.31)

(4.13)

(3.31)

(3.21)

roa

0.264***

0.034

0.050

0.029

0.008

(4.42)

(0.64)

(0.83)

(0.43)

(0.13)

cr4

−0.044***

−0.045***

−0.043***

−0.048***

(−9.51)

(−9.78)

(−8.38)

(−8.80)

size

−0.002

0.006

0.000

(−0.28)

(0.52)

(0.03)

dpr

−0.010***

−0.009***

(−7.41)

(−6.33)

gdp

0.014

(1.04)

Cons

0.267***

−0.077

0.167*

2.794***

2.915***

3.515***

3.718***

(5.81)

(−1.23)

(1.94)

(12.11)

(8.52)

(8.16)

(9.27)

N

236

233

224

224

224

224

224

AR (1)

0.000

0.001

0.002

0.000

0.000

0.001

0.001

AR (2)

0.11

0.118

0.105

0.103

0.103

0.107

0.119

Hansen

0.999

1.000

1.000

1.000

1.000

1.000

1.000