|
| (7) | (8) |
|
| Easy Period | Tight Period |
|
| Δlev | Δlev |
| Dev | 0.386*** | 0.259*** |
|
| (8.29) | (7.71) |
| DEV*MMC | 0.316 | 0.626*** |
|
| (0.98) | (3.12) |
| N | 8025 | 16161 |
| Adj-R2 | 0.228 | 0.188 |