﻿Variables;"(10) Hybrid HAC";"(12) Hybrid HAC";"(13) Hybrid HAC";"(14) Hybrid HAC"
Green;"–35.45*** (–4.77)";"–26.42*** (–3.31)";"–37.35*** (–4.77)";"–7.31 (–0.86)"
"Liquidity (between)";"–0.66*** (–6.05)";"–0.48*** (–4.10)";"–0.52*** (–4.98)";"–0.24** (–1.96)"
"Liquidity (within)";"0.02 (1.43)";"0.02 (1.43)";"0.02 (1.23)";"0.02 (1.08)"
"lrRUABITR (between)";"41.49*** (5.79)";"22.91*** (3.05)";–;–
"lrRUABITR (within)";"0.07** (2.41)";"0.07** (2.49)";–;–
"ΔRVI (between)";"117.32*** (9.05)";"94.30*** (6.01)";"79.47*** (6.43)";"85.62*** (5.13)"
"ΔRVI (within)";"2.51*** (9.50)";"2.15*** (7.98)";"2.17*** (8.03)";"1.77*** (6.30)"
"ΔRPUI (between)";"–5.28*** (–6.02)";"–3.88*** (–3.75)";"–2.81*** (–2.70)";"–3.59*** (–3.14)"
"ΔRPUI (within)";"0.02 (1.28)";"0.02* (1.68)";"0.01 (1.10)";"0.01 (1.00)"
"ΔKIR (between)";"–311.26*** (–6.48)";"–342.80*** (–6.40)";"–223.37*** (–3.64)";"–358.17*** (–5.78)"
"ΔKIR (within)";"–15.61*** (–8.62)";"–14.00*** (–7.30)";"–13.06*** (–7.08)";"–10.39*** (–5.42)"
(A).rating;"–166.48*** (–8.12)";–;–195.46***;–
(–6.67)
(A+).rating;"–326.27*** (–16.06)";–;"–313.04*** (–12.31)";–
(AAA).rating;"–269.44*** (–12.46)";–;"–283.35*** (–10.40)";–
ln(PD);–;"45.19*** (8.47)";–;"43.64*** (6.95)"
Bank;"–87.12*** (–5.76)";"–46.03*** (–2.63)";"–91.17*** (–5.24)";"–40.21** (–2.01)"
Constant;"772.02*** (2.65)";"1,364.26*** (4.93)";"427.88 (1.04)";"1,532.30*** (5.38)"
;;;;
Observations;1,413;1,413;1,413;1,413
"Number of id";12;12;12;12
"Wald χ2";8562.45;6427.74;5887.74;4864.26
