Independent variables | Quantile estimated coefficients | |||
---|---|---|---|---|
Q.25 | Q.50 | Q.75 | Q.95 | |
Banking sector-specific variables | ||||
Profitability | − 0.333* | − 0.438** | − 0.565** | − 0.643*** |
(0.003) | (0.015) | (0.035) | (0.064) | |
Capital regulation | − 0.030* | − 0.133 | − 0.215 | − 0.133*** |
(0.001) | (0.325) | (0.121) | (0.064) | |
Liquidity | − 0.037** | − 0.022*** | − 0.175*** | − 0.024 |
(0.038) | (0.062) | (0.077) | (0.257) | |
Inefficiency | 0.058* | 0.037* | 0.033 | 0.027** |
(0.002) | (0.000) | (0.235) | (0.032) | |
Income diversification | − 0.041 | − 0.024 | − 0.130* | − 0.032* |
(0.342) | (0.254) | (0.003) | (0.001) | |
Country and global-level variables | ||||
Political risk index | − 0.122** | − 0.141* | − 0.163** | − 0.172* |
(0.015) | (0.000) | (0.025) | (0.005) | |
Economic risk index | − 0.119 | − 0.125* | − 0.123* | − 0.115** |
(0.251) | (0.002) | (0.000) | (0.026) | |
Financial risk index | − 0.071* | − 0.032** | − 0.124 | − 0.052* |
(0.000) | (0.047) | (0.422) | (0.001) | |
Financial market development | 0.037* | 0.026** | 0.143 | 0.012 |
(0.001) | (0.022) | (0.351) | (0.257) | |
Lending interest rate | 0.018 | 0.024** | 0.034*** | 0.026** |
(0.316) | (0.036) | (0.095) | (0.042) | |
Global risk | 0.005** | 0.023*** | 0.013* | 0.023** |
(0.030) | (0.064) | (0.000) | (0.026) | |
TC dummies | YES | YES | YES | YES |