Table 4 Impact of pandemic across bank...

Table 4

Impact of pandemic across bank characteristics

	Big banks	Small banks	High capital	Low capital	High liquidity	Low liquidity
	(1)	(2)	(3)	(4)	(5)	(6)
Panel A Dep var = RoA
Gap	−0.0002 (0.0008)	−0.0005** (0.0001)*	−0.001 (0.001)	0.001* (0.0005)*	0.003 (0.004)	0.0006 (0.0009)
Islamic	0.008** (0.003)	0.003 (0.007)	−0.0009 (0.004)	−0.008 (0.009)	−0.0007 (0.007)	0.002 (0.005)
IW	−0.022 (0.023)	.	−0.0002 (0.002)	.	.	−0.002 (0.002)
Gap*Islamic	−0.0001 (0.00008)	−0.00005 (0.0002)	0.00007 (0.00009)	0.0002* (0.0001)	0.00008 (0.0001)	−0.00003 (0.0001)
Gap*IW	0.0007 (0.0009)	−0.00006 (0.0003)	−0.00003 (0.00006)	0.00009 (0.0001)	0.00004 (0.00009)	−0.00006 (0.00007)
Bank controls	Y	Y	Y	Y	Y	Y
Country controls	Y	Y	Y	Y	Y	Y
Other controls	Y	Y	Y	Y	Y	Y
Country FE	Y	Y	Y	Y	Y	Y
Region FE	Y	Y	Y	Y	Y	Y
Observations	397	368	355	410	391	374
R-sq	0.6379	0.6930	0.6611	0.6778	0.5526	0.7214
Panel B Dep var = RWA
Gap	−0.003 (0.026)	−0.009** (0.002)*	−0.004 (0.002)*	−0.008 (0.023)	−0.039** (0.014)*	−0.016 (0.023)
Islamic	0.043 (0.094)	−0.115 (0.091)	−0.113 (0.079)	−0.116*** (0.045)	−0.139* (0.067)	0.009 (0.078)
IW	0.419 (0.595)	.	−0.173*** (0.086)	.	.	−0.310*** (0.084)
Gap*Islamic	−0.002 (0.001)	0.001 (0.002)	0.002 (0.001)	0.001 (0.001)	0.003 (0.002)	−0.0007 (0.002)
Gap*IW	−0.021 (0.022)	0.0003 (0.0008)	0.003** (0.001)	−0.003 (0.002)	−0.001 (0.002)	0.005** (0.002)
Bank controls	Y	Y	Y	Y	Y	Y
Country controls	Y	Y	Y	Y	Y	Y
Other controls	Y	Y	Y	Y	Y	Y
Country FE	Y	Y	Y	Y	Y	Y
Region FE	Y	Y	Y	Y	Y	Y
Observations	396	365	354	407	391	370
R-sq	0.8043	0.6268	0.7205	0.7213	0.7531	0.7497

	Big banks	Small banks	High capital	Low capital	High liquidity	Low liquidity
	(1)	(2)	(3)	(4)	(5)	(6)
Panel A Dep var = RoA
Gap	−0.0002 (0.0008)	−0.0005*** (0.0001)	−0.001 (0.001)	0.001** (0.0005)	0.003 (0.004)	0.0006 (0.0009)
Islamic	0.008** (0.003)	0.003 (0.007)	−0.0009 (0.004)	−0.008 (0.009)	−0.0007 (0.007)	0.002 (0.005)
IW	−0.022 (0.023)	.	−0.0002 (0.002)	.	.	−0.002 (0.002)
Gap*Islamic	−0.0001 (0.00008)	−0.00005 (0.0002)	0.00007 (0.00009)	0.0002* (0.0001)	0.00008 (0.0001)	−0.00003 (0.0001)
Gap*IW	0.0007 (0.0009)	−0.00006 (0.0003)	−0.00003 (0.00006)	0.00009 (0.0001)	0.00004 (0.00009)	−0.00006 (0.00007)
Bank controls	Y	Y	Y	Y	Y	Y
Country controls	Y	Y	Y	Y	Y	Y
Other controls	Y	Y	Y	Y	Y	Y
Country FE	Y	Y	Y	Y	Y	Y
Region FE	Y	Y	Y	Y	Y	Y
Observations	397	368	355	410	391	374
R-sq	0.6379	0.6930	0.6611	0.6778	0.5526	0.7214
Panel B Dep var = RWA
Gap	−0.003 (0.026)	−0.009*** (0.002)	−0.004* (0.002)	−0.008 (0.023)	−0.039*** (0.014)	−0.016 (0.023)
Islamic	0.043 (0.094)	−0.115 (0.091)	−0.113 (0.079)	−0.116*** (0.045)	−0.139* (0.067)	0.009 (0.078)
IW	0.419 (0.595)	.	−0.173*** (0.086)	.	.	−0.310*** (0.084)
Gap*Islamic	−0.002 (0.001)	0.001 (0.002)	0.002 (0.001)	0.001 (0.001)	0.003 (0.002)	−0.0007 (0.002)
Gap*IW	−0.021 (0.022)	0.0003 (0.0008)	0.003** (0.001)	−0.003 (0.002)	−0.001 (0.002)	0.005** (0.002)
Bank controls	Y	Y	Y	Y	Y	Y
Country controls	Y	Y	Y	Y	Y	Y
Other controls	Y	Y	Y	Y	Y	Y
Country FE	Y	Y	Y	Y	Y	Y
Region FE	Y	Y	Y	Y	Y	Y
Observations	396	365	354	407	391	370
R-sq	0.8043	0.6268	0.7205	0.7213	0.7531	0.7497

Note(s): Robust standard errors in parentheses

***p < 0.01; **p < 0.05; *p < 0.10

Weights are inverse of number of banks in each country

All specifications include the full set of control variables, but these are not included for brevity

Source(s): The author's calculations

Sharing Unavailable