Table 7 Effect of knowledge (PE), cognitive ability (EE) and social capital (EA) on financial stability (SB)
From: Does competence of central bank governors influence financial stability?
LLC | NPL | CAR | CRISIS | RISK | |
|---|---|---|---|---|---|
(1) | (2) | (3) | (4) | (5) | |
Coefficient (t-statistic) | Coefficient (t-statistic) | Coefficient (t-statistic) | Coefficient (t-statistic) | Coefficient (t-statistic) | |
C | 66.326*** (3.83) | 8.255 (0.41) | 11.568*** (4.56) | 0.434* (1.63) | 4.405*** (0.00) |
PE*EA | − 19.697 (− 1.42) | 1.165 (0.36) | − 2.138* (− 1.88) | 0.009 (0.05) | − 0.158 (− 0.06) |
PE*EE | − 72.474*** (− 5.66) | 7.577** (2.37) | 0.225 (0.12) | 0.522** (2.49) | 3.712 (1.46) |
PE*EA*EE | 82.212*** (5.59) | − 6.347* (− 1.73) | 1.506 (0.71) | − 0.395* (− 1.67) | − 1.830 (− 0.63) |
PE | − 0.809 (− 0.09) | 0.372 (0.17) | 2.374* (1.88) | 0.005 (0.04) | 1.794 (1.09) |
EE | 5.064 (0.69) | 0.954 (0.52) | 0.585 (0.55) | 0.007 (0.05) | − 1.917 (− 1.35) |
EA | 0.940 (0.17) | − 1.141 (− 0.79) | 1.064 (1.30) | − 0.056 (− 0.60) | 1.048 (0.94) |
PD | − 8.189 (− 1.20) | − 4.231** (− 2.45) | 1.672* (1.68) | 0.051 (0.42) | − 1.305 (− 0.96) |
AGE | 0.034 (0.12) | 0.051 (0.77) | 0.022 (0.57) | − 0.006 (− 1.44) | 0.002 (0.03) |
GDPR | 0.802* (1.53) | 0.073 (0.49) | − 0.041 (− 0.46) | − 0.013 (− 1.49) | 0.035 (0.32) |
INF | 0.166 (0.87) | − 0.046 (− 0.43) | 0.076 (1.11) | 0.002 (0.58) | − 0.059 (− 1.49) |
INT | − 0.376 (− 1.22) | 0.141 (1.47) | − 0.123* (− 1.91) | 0.013** (2.52) | − 0.068 (− 1.07) |
R2 | 88.01 | 86.24 | 65.46 | 49.92 | 74.42 |
Adjusted R2 | 85.10 | 57.11 | 56.72 | 37.32 | 68.73 |
F-statistic | 30.27 | 7.75 | 7.48 | 3.96 | 13.09 |
Fixed effect | Yes | Yes | Yes | Yes | Yes |
Observations | 206 | 204 | 199 | 200 | 221 |