Lnanalyst

−0.000

−0.000

−0.140***

−0.120***

(−1.26)

(−1.25)

(−6.66)

(−5.31)

Gdp_g

−0.000

0.002

0.889

1.973*

(−0.03)

(0.57)

(0.92)

(1.78)

Ldependent

0.196***

0.717***

(7.84)

(21.17)

_Cons

0.008***

−0.011***

−0.013***

0.205

−2.816***

−2.810***

(6.59)

(−4.08)

(−5.00)

(1.14)

(−4.56)

(−3.96)

Year Quarter

Industry Effect

Yes

Yes

Yes

Yes

Yes

Yes

N

35,540

35,540

22,154

38,902

38,902

26,568

adj. R-sq/pseudo R-sq

0.071

0.111

0.138

0.021

0.036

0.060