Variable

psf

$pl{r}_1$

$pl{r}_2$

Intercept

1.606

0.144

0.435

(0.201)

(0.031)

(0.036)

[0.000]

[0.000]

[0.000]

Short_List

−0.282

−0.070

−0.095

(0.123)

(0.026)

(0.033)

[0.036]

[0.016]

[0.011]

Exchange

−0.037

−0.096

−0.114

(0.180)

(0.021)

(0.028)

[0.842]

[0.000]

[0.001]

B/M

−0.432

−0.068

−0.087

(0.314)

(0.052)

(0.065)

[0.188]

[0.214]

[0.200]

Turnover

0.415

1.272

0.701

(0.048)

(1.327)

(1.787)

[0.000]

[0.352]

[0.700]

Broker

0.028

0.743

0.665

(0.010)

(0.134)

(0.214)

[0.012]

[0.000]

[0.007]

R-Square

0.832

0.732

0.684