Effects of the Interest Rate and Reserve Requirement Ratio on Bank Risk in China: A Panel Smooth Transition Regression Approach

Table 6

PSTR models estimation. Dependent variable: EDF.

Parameters	Model (1)	Model (2)
	6.075 (2.340)	3.480 (1.346)
	−0.003 (−1.587)	−0.006 (−1.220)
	−6.089 (−2.164)	−3.595 (−1.284)
	0.002 (1.771)	0.006 (1.202)
	0.483	0.515
	48.748	47.152
RSS	0.827	0.835

Note: the values in parentheses are -statistics. denote significance at the 1% and 10% levels, respectively.