The predicted marginal effects of EPU and inflation on Chinese banks’ loan price
| Marginal effect of EPU on loan price (1) | Marginal effect of inflation on loan price (2) | ||
|---|---|---|---|
| Inflation = 1.04% | −0.0131*** (−14.5853) | Median EPU SCMP = 116.20 | 0.1554** (2.0811) |
| Inflation = 2.24% | −0.0095*** (−15.1158) | Median EPU SCMP = 367.93 | 0.8966*** (12.5890) |
| Inflation = 3.44% | −0.0060*** (−12.0671) | Median EPU SCMP = 619.66 | 1.6377*** (13.0229) |
| Marginal effect of EPU on loan price | Marginal effect of inflation on loan price | ||
|---|---|---|---|
| Inflation = 1.04% | −0.0131 | Median EPU SCMP = 116.20 | 0.1554 |
| Inflation = 2.24% | −0.0095 | Median EPU SCMP = 367.93 | 0.8966 |
| Inflation = 3.44% | −0.0060 | Median EPU SCMP = 619.66 | 1.6377 |
Note(s):
***, ** and *indicate 1, 5 and 10% levels of significance, respectively; standard errors in parentheses
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