ln(BE/ME) | ln(ME) | ln(EDF) | CRSP VW beta (No Bonds) | Post-ranking beta | CRSP VW1 beta (With Bonds) | CRSP VW beta | HG Corp. Bond beta | LG Corp. Bond beta | LT Gov. Bond beta | ST Gov. Bond beta | ||
Average Coefficient | 0.301% | −0.044% | ||||||||||
t-statistic | 3.23 | −1.08 | ||||||||||
Average Coefficient | 0.312% | −0.070% | −0.062% | |||||||||
t-statistic | 3.05 | −2.04 | −1.03 | |||||||||
Average Coefficient | 0.304% | −0.074% | −0.066% | 0.035% | ||||||||
t-statistic | 3.63 | −2.08 | −1.55 | 0.26 | ||||||||
Average Coefficient | 0.310% | −0.074% | −0.071% | 0.030% | ||||||||
t-statistic | 3.71 | −2.20 | −1.68 | 0.13 | ||||||||
Average Coefficient | 0.314% | −0.075% | −0.062% | 0.013% | ||||||||
t-statistic | 3.42 | −2.12 | −1.30 | 0.24 | ||||||||
Average Coefficient | 0.299% | −0.077% | −0.066% | 0.069% | 0.045% | 0.032% | 0.010% | 0.002% | ||||
t-statistic | 3.70 | −2.26 | −1.63 | 0.55 | 1.45 | 0.52 | 0.21 | 0.97 |