(a) | |||||
Variables | R | NDefault | LDefault | HDefault | Default |
FinTech | −0.0028 | 0.3546*** | −0.2484** | −0.0715*** | −0.0347*** |
(0.069) | (0.117) | (0.098) | (0.023) | (0.010) | |
R |
| −0.5735* | 0.5226* | 0.0632 | −0.0123 |
| (0.314) | (0.262) | (0.060) | (0.028) | |
Constant | 28.1958*** | 39.2168*** | 47.5031*** | 8.1059*** | 5.1742*** |
(5.812) | (13.208) | (11.025) | (2.546) | (1.165) | |
Bank FE | YES | YES | YES | YES | YES |
Observations | 35 | 35 | 35 | 35 | 35 |
R-squared | 0.020 | 0.311 | 0.274 | 0.286 | 0.292 |
(b) | |||||
Variables | R | NDefault | LDefault | HDefault | Default |
FinTech | 0.1829** | 0.3712** | −0.3105** | −0.0480* | −0.0130 |
(0.073) | (0.147) | (0.129) | (0.028) | (0.011) | |
R |
| −0.7221* | 0.7217** | 0.0523 | −0.0409 |
| (0.360) | (0.317) | (0.068) | (0.026) | |
Controls | YES | YES | YES | YES | YES |
Constant | 77.8954*** | 95.0857** | −1.7112 | 0.2425 | 2.9607 |
(16.672) | (41.105) | (36.159) | (6.757) | (2.644) | |
Bank FE | YES | YES | YES | YES | YES |
Observations | 35 | 35 | 35 | 35 | 35 |
R-squared | 0.440 | 0.563 | 0.489 | 0.538 | 0.665 |