Fig 1.
Concave loan demand function.
Fig 2.
Piecewise loan demand function.
Table 1.
Descriptive statistics.
Table 2.
Correlation matrix.
Fig 3.
Individual bank time series values of Z-score.
Vertical line at 2008 Q3. Source of data: Orbis BankFocus and Thomson Reuters DataStream.
Fig 4.
U.S. short-term treasury bill rate.
Solid vertical line at 2008 Q3, dashed vertical line at 2007 Q2, Source of data: Orbis BankFocus and Thomson Reuters DataStream.
Table 3.
Short-term interest rate and bank risk-taking: Arellano-Bond dynamic panel GMM estimators.
Table 4.
Arellano-Bond dynamic panel model with dummy variables.
Table 5.
Arellano-Bond dynamic panel model with other proxies of main variables.