Bank Size

Smallest 75th

75th - 90th

90th - 95th

95th - 99th

Top 1%

DEX.RATE

Lag 1

−0.00042^***

(0.001)

−0.00010

(0.640)

−0.00037

(0.349)

−0.00014

(0.844)

0.00136

(0.449)

Lag 2

−0.00052^***

(0.000)

−0.00123^***

(0.000)

−0.00157^***

(0.000)

−0.00110

(0.110)

0.00146

(0.725)

Lag 3

−0.00045^***

(0.000)

0.00021

(0.302)

0.00023

(0.522)

−0.00043

(0.517)

0.00070

(0.757)

Lag 4

−0.00026^***

(0.017)

−0.00033

(0.104)

0.00047

(0.200)

−0.00005

(0.939)

0.00338

(0.584)

SDEX.RATE_t

(p-value F-stat)

−0.00164^***

(0.000)

−0.00145^***

(0.000)

−0.00123^**

(0.039)

−0.00172

(0.107)

0.00694

(0.533)

One Std. Dev. Rise in ER associated with fall in Lending of

0.36%

0.31%

0.27%

−

−

SDEX.RATE_t-i^* (cross-bdr loans) (p-value F-stat)

−6.86e−08^***

(0.001)

−3.61e−09

(0.174)

−1.54e−09

(0.570)

−5.69e−10^**

(0.011)

−7.71e−11

(0.650)

SDFFR_t-i

(p-value F-stat)

−0.00267^**

(0.033)

0.00155

(0.503)

0.00173

(0.677)

−0.00715

(0.342)

0.03618

(0.260)

Number of obs.

408,261

76,354

23,432

17,507

4312

Number of Groups

9677

3155

1231

750

148

R-sq: within/betw/overall

0.274/0.961/0.977

0.267/0.856/0.852

0.010/0.792/0.553

0.008/0.865/0.381

0.107/0.905/0.696