	(1)	(2)	(3)	(4)	(5)	(6)	(7)	(8)	(9)	(10)	(11)	(12)
			Full sample	Full sample	Full sample	Full sample	Post crisis	Post crisis	G10	G10	EM	EM
VARIABLES	Full sample	Full sample	4/2002-12/2019	4/2002-12/2019	4/2002-12/2019	4/2002-12/2019	1/2010-12/2019	1/2010-12/2019	4/2002-12/2019	4/2002-12/2019	4/2002-12/2019	4/2002-12/2019
												
dVIXntotdebt	1.70***											
	(0.49)											
dVIXntotequity	-0.08											
	(0.49)											
dVIX	-1.21***		-1.36***	-1.31***			-1.24***		-0.82***		-1.54***	
	(0.25)		(0.24)	(0.32)			(0.21)		(0.28)		(0.33)	
dLibOisntotdebt		1.19***										
		(0.41)										
dLibOisntotequity		-0.05										
		(0.62)										
dLibOis		-1.05***			-1.34***	-1.29***		-1.59**		-1.06***		-1.34***
		(0.22)			(0.24)	(0.25)		(0.79)		(0.40)		(0.32)
dVIXntotdebt_priv			2.40***				2.75***		1.81**		3.39***	
			(0.73)				(0.78)		(0.72)		(1.15)	
dVIXntotdebt_govt			0.59	1.01			1.06**		-0.41		-0.17	
			(0.77)	(0.90)			(0.48)		(0.94)		(1.31)	
dVIXntotdebt_bank				3.55**								
				(1.80)								
dVIXntotdebt_osect				2.40**								
				(0.93)								
dLibOisntotdebt_priv					1.85***			7.14**		1.35***		3.91***
					(0.62)			(3.09)		(0.41)		(1.51)
dLibOisntotdebt_govt					-1.98	-1.95		2.27		-5.66		-2.01*
					(1.48)	(1.24)		(3.46)		(4.51)		(1.21)
dLibOisntotdebt_bank						3.22**						
						(1.44)						
dLibOisntotdebt_osect						1.68**						
						(0.77)						
												
Observations	4,884	4,884	3,836	3,836	3,836	3,836	2,174	2,174	968	968	2,868	2,868
Number of cur_nr	25	25	22	22	22	22	22	22	7	7	15	15
Robust standard errors in parentheses												
*** p<0.01, ** p<0.05, * p<0.1												
