From: Does competence of central bank governors influence financial stability?
LLC | NPL | CAR | CRISIS | |||||
---|---|---|---|---|---|---|---|---|
(1) | (2) | (3) | (4) | (5) | (6) | (7) | (8) | |
Coefficient (t-statistic) | Coefficient (t-statistic) | Coefficient (t-statistic) | Coefficient (t-statistic) | Coefficient (t-statistic) | Coefficient (t-statistic) | Coefficient (t-statistic) | Coefficient (t-statistic) | |
C | − 8.860 (− 0.36) | 12.214 (0.63) | 18.295*** (3.18) | 12.935*** (2.82) | 5.686* (1.73) | 8.711*** (3.34) | 0.252 (0.63) | 0.419 (1.42) |
MALE | 21.074*** (2.63) | − 5.359*** (− 2.79) | 3.025*** (2.74) | 0.168 (1.12) | ||||
EE*MALE | − 50.885*** (− 3.87) | 6.635** (2.28) | − 3.449** (− 2.08) | 0.076 (0.35) | ||||
FEMALE | − 21.074*** (− 2.63) | 5.359*** (2.79) | − 3.025*** (− 2.74) | − 0.168 (− 1.12) | ||||
EE*FEMALE | 50.885*** (3.88) | − 6.635*** (− 2.28) | 3.449** (2.08) | − 0.076 (− 0.35) | ||||
PE | 5.105 (0.59) | 5.105 (0.59) | − 1.929 (− 0.95) | − 1.929 (− 0.95) | 3.499*** (3.01) | 3.499*** (3.01) | 0.157 (1.08) | 0.157 (1.08) |
EE | 43.615*** (3.25) | − 7.269 (− 1.15) | − 4.083 (− 1.33) | 2.552* (1.82) | 4.513*** (2.62) | 1.064 (1.35) | 0.085 (0.37) | 0.161* (1.79) |
EA | − 4.375 (− 0.76) | − 4.376 (− 0.76) | 0.295 (0.21) | 0.295 (0.21) | − 0.076 (− 0.09) | − 0.076 (− 0.09) | − 0.129 (− 1.34) | − 0.129 (− 1.34) |
PD | − 7.884 (− 1.08) | − 7.884 (− 1.08) | − 5.166*** (− 2.93) | − 5.166*** (− 2.93) | 2.349** (2.33) | 2.349** (2.33) | 0.142 (1.11) | 0.142 (1.11) |
AGE | 0.951*** (3.18) | 0.951*** (3.18) | − 0.097 (− 1.39) | − 0.097 (− 1.39) | 0.067* (1.72) | 0.067* (1.72) | − 0.006 (− 1.36) | − 0.006 (− 1.36) |
GDPR | 1.094* (1.96) | 1.094* (1.96) | 0.051 (0.34) | 0.051 (0.34) | − 0.047 (− 0.53) | − 0.047 (− 0.53) | − 0.012 (− 1.39) | − 0.012 (− 1.39) |
INF | 0.128 (0.64) | 0.128 (0.64) | 0.003 (0.03) | 0.003 (0.03) | 0.046 (0.72) | 0.046 (0.72) | 0.001 (0.24) | 0.001 (0.24) |
INT | − 0.215 (− 0.64) | − 0.215 (− 0.65) | 0.141 (1.48) | 0.141 (1.48) | − 0.108* (− 1.69) | − 0.108* (− 1.69) | 0.014*** (2.65) | 0.014*** (2.65) |
R2 | 86.24 | 86.24 | 65.95 | 65.95 | 66.81 | 66.81 | 48.65 | 48.65 |
Adjusted R2 | 83.00 | 83.00 | 57.85 | 57.85 | 58.67 | 58.67 | 36.13 | 36.13 |
F-statistic | 26.67 | 26.67 | 8.14 | 8.14 | 8.21 | 8.21 | 3.89 | 3.89 |
Fixed effect | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
Observations | 206 | 206 | 204 | 204 | 199 | 199 | 200 | 200 |