Country

Mean

Standard Deviation

Maximum

Minimum

Panel A: Entire Sample

US

0.0206

1.1974

10.9571

−9.4695

UK

0.0035

1.1648

9.3843

−9.2655

GER

0.0157

1.4800

10.7974

−7.8931

FRN

0.0094

1.4183

10.5945

−9.4715

CN

0.0187

1.5643

9.4009

−9.2560

JP

0.0020

1.4924

13.2345

−12.1110

Panel B: Pre-crisis Sample

US

0.0185

1.1304

5.5744

−7.0437

UK

0.0038

1.1500

5.9025

−5.5890

GER

0.0174

1.5824

7.5526

−7.8931

FRN

0.0213

1.4092

7.0022

−6.0448

CN

0.0629

1.5009

9.4009

−9.2560

JP

−0.0016

1.4000

7.2217

−7.2339

Panel C: Crisis period Sample

US

−0.2641

2.3286

10.9571

−9.4695

UK

−0.1911

2.1616

8.4699

−9.2655

GER

−0.2160

2.0969

10.7974

−7.3355

FRN

−0.2245

2.2640

10.5945

−9.4715

CN

−0.3427

2.8206

9.0344

−8.0435

JP

−0.2836

2.7603

13.2345

−12.1110

Panel D: Post-crisis Sample

US

0.0506

1.0832

6.8366

−9.3536

UK

0.0226

1.0277

9.3843

−5.4805

GER

0.0372

1.2973

9.8428

−7.0672

FRN

0.0219

1.3128

9.6169

−8.3843

CN

0.0150

1.4359

5.9356

−8.8731

JP

0.0337

1.3895

7.4261

−11.1534