VARIABLES

(1)

(2)

a

b

observed

predicted

P1

0.0335***

0.0531***

(0.00709)

(0.0171)

P2

0.00519

0.0423*

(0.0105)

(0.0253)

P3

0.00524**

0.0317***

(0.00239)

(0.00575)

P4

−0.0440***

−0.0492

(0.0154)

(0.0372)

P5

0.168***

0.420***

(0.0404)

(0.0974)

P6

0.0871***

0.124***

(0.00816)

(0.0196)

Constant

0.533*

−1.784**

(0.317)

(0.764)

Observations

175

175

R-squared

0.508

0.651