Endogenous variable: Bank stability (Zscore)

VARIABLES

Model 1

Model 2

Model 3

Model 4

L.Zscore

1.143***

1.143***

1.164***

1.178***

(19.71)

(19.71)

(32.74)

(39.80)

lcd

−9.585

−9.585

−13.34

−9.353*

(−1.57)

(−1.57)

(−1.96)

(−1.75)

lpibh

4.499***

4.499***

6.108**

6.209***

(3.39)

(3.39)

(3.08)

(3.85)

inf

−0.104

−0.104

−0.167*

−0.124

(−1.30)

(−1.30)

(−2.06)

(−1.49)

sbg

−0.298

−0.298

−0.439**

−0.438**

(−1.18)

(−1.18)

(−2.59)

(−2.88)

scc

−0.522***

−0.522***

−0.556**

−0.495**

(−5.49)

(−5.49)

(−2.99)

(−2.67)

cbsp

2.580***

2.580***

2.387**

2.620***

(3.30)

(3.30)

(3.18)

(4.42)

depban

−0.008**

−0.008**

−0.012**

−0.013***

(−2.70)

(−2.70)

(−2.87)

(−3.96)

asdep

−1.510

−21.680*

(−0.41)

(−2.45)

marint

−2.699*

−2.436*

(−2.37)

(−2.37)

lcd*asdep

−9.272***

(−5.10)

Constant

4.314

−7.124

47.860

10.480

(0.14)

(−0.25)

(1.42)

(0.30)

Observations

60

60

60

60

Number of ids

6

6

6

6

AR(1)

0.069

0.069

0.018

0.017

AR(2)

0.677

0.677

0.687

0.885

Sargan

0.138

0.112

0.554

0.346

Hansen

1.000

1.000

1.000

1.000

Probability (Wald)

0.434

0.556

0.702

0.000

Number d’inst

50

50

50

50