| 评级上升 | 评级下调 |
滞后项 | 0.7901*** (0.0591) | 0.8015*** (0.0587) |
评级滞后项 | 2.1226* (1.2278) | 3.1315*** (1.1877) |
评级事件 | 1.2981 (4.1245) | −19.3351*** (5.6041) |
GDP增长率 | 2.1023*** (2.3444) | 1.9052*** (4.3455) |
通货膨胀 | 0.0212 (0.0325) | 0.0220 (0.0323) |
M2 | 0.7295*** (0.1197) | 0.7090*** (0.1183) |
实际有效汇率 | 0.258** (2.455) | 0.563*** (6.1197) |
R-squared | 0.63 | 0.63 |