# Table 10 Descriptive statistics

RISK NPL LLC CAR CRISIS PE EE EA MALE FEMALE AGE PD
Mean 13.32 6.237 62.95 14.92 0.149 0.482 0.309 0.456 0.787 0.213 55 0.419
Median 13.23 3.656 51.10 14.50 0.000 0.000 0.000 0.000 1.000 0.000 56 0.000
Maximum 38.48 37.30 176.90 31.10 1.000 1.000 1.000 1.000 1.000 1.000 79 1.000
Minimum 0.46 0.40 7.52 1.75 0.000 0.000 0.000 0.000 0.000 0.000 36 0.000
SD 6.04 6.42 41.86 3.75 0.357 0.501 0.463 0.357 0.410 0.410 8 0.494
Skewness 0.58 1.83 0.68 0.77 1.96 0.073 0.827 0.177 − 1.400 1.400 0.09 0.328
Observations 272 272 272 272 272 272 272 272 272 272 272 272
1. LLC = loan loss coverage ratio (%); CRISIS = banking crisis dummy variable (1 = banking crisis, 0 = none); RISK = Bank z-score; NPL = bank nonperforming loans to gross loans ratio (%); CAR = bank regulatory capital to risk-weighted assets ratio (%); PE = Competence in macroeconomic management; EE = educated in a global elite university or institution; EA = educated in a foreign university or institution; AGE = the age of the central bank governor; MALE = a binary variable that take the value 1 if the head regulator is male, and zero if female; FEMALE = a binary variable that take the value 1 if the head regulator is female, and zero is male. PD = having knowledge in disciplines other than economics