| 变量 | (1) | (2) |
|---|---|---|
| Rating | Rating | |
| CreditRisk=LiquidityRisk | CreditRisk=DefaultRisk | |
| CreditRisk×Post | -0.037** (-2.245) | -0.020*** (-3.219) |
| CreditRisk | -0.102*** (-7.015) | -0.024*** (-3.936) |
| Post | 0.211*** (3.150) | 0.337*** (2.677) |
| Baseline controls | Yes | Yes |
| Observations | 4 254 | 986 |
| R-squared | 0.661 | 0.833 |
| CRA FE | YES | YES |
| Industry FE | YES | YES |
| Year-Month FE | YES | YES |
