id	sid	tid	token	lemma	pos
ejge-7083	1	1	european	european	PROPN
ejge-7083	1	2	journal	journal	PROPN
ejge-7083	1	3	of	of	ADP
ejge-7083	1	4	government	government	NOUN
ejge-7083	1	5	and	and	CCONJ
ejge-7083	1	6	economics	economic	NOUN
ejge-7083	1	7	10(1	10(1	NUM
ejge-7083	1	8	)	)	PUNCT
ejge-7083	1	9	,	,	PUNCT
ejge-7083	1	10	june	june	PROPN
ejge-7083	1	11	2021	2021	NUM
ejge-7083	1	12	,	,	PUNCT
ejge-7083	1	13	5	5	NUM
ejge-7083	1	14	-	-	SYM
ejge-7083	1	15	29	29	NUM
ejge-7083	1	16	european	european	ADJ
ejge-7083	1	17	journal	journal	NOUN
ejge-7083	1	18	of	of	ADP
ejge-7083	1	19	government	government	NOUN
ejge-7083	1	20	and	and	CCONJ
ejge-7083	1	21	economics	economic	NOUN
ejge-7083	1	22	issn	issn	PROPN
ejge-7083	1	23	:	:	PUNCT
ejge-7083	1	24	2254	2254	NUM
ejge-7083	1	25	-	-	SYM
ejge-7083	1	26	7088	7088	NUM
ejge-7083	1	27	the	the	DET
ejge-7083	1	28	effect	effect	NOUN
ejge-7083	1	29	of	of	ADP
ejge-7083	1	30	euribor	euribor	NOUN
ejge-7083	1	31	on	on	ADP
ejge-7083	1	32	banking	banking	NOUN
ejge-7083	1	33	profitability	profitability	NOUN
ejge-7083	1	34	:	:	PUNCT
ejge-7083	1	35	evidence	evidence	NOUN
ejge-7083	1	36	from	from	ADP
ejge-7083	1	37	the	the	DET
ejge-7083	1	38	spanish	spanish	ADJ
ejge-7083	1	39	banking	banking	NOUN
ejge-7083	1	40	system	system	NOUN
ejge-7083	1	41	david	david	PROPN
ejge-7083	1	42	boto	boto	PROPN
ejge-7083	1	43	-	-	PUNCT
ejge-7083	1	44	garcía	garcía	VERB
ejge-7083	1	45	a	a	DET
ejge-7083	1	46	*	*	PROPN
ejge-7083	1	47	,	,	PUNCT
ejge-7083	1	48	antonio	antonio	PROPN
ejge-7083	1	49	álvarez	álvarez	PROPN
ejge-7083	1	50	a	a	PROPN
ejge-7083	1	51	,	,	PUNCT
ejge-7083	1	52	josé	josé	PROPN
ejge-7083	1	53	francisco	francisco	PROPN
ejge-7083	1	54	baños	baños	PROPN
ejge-7083	1	55	pinoa	pinoa	VERB
ejge-7083	1	56	a	a	DET
ejge-7083	1	57	department	department	NOUN
ejge-7083	1	58	of	of	ADP
ejge-7083	1	59	economics	economic	NOUN
ejge-7083	1	60	,	,	PUNCT
ejge-7083	1	61	university	university	NOUN
ejge-7083	1	62	of	of	ADP
ejge-7083	1	63	oviedo	oviedo	PROPN
ejge-7083	1	64	,	,	PUNCT
ejge-7083	1	65	campus	campus	NOUN
ejge-7083	1	66	del	del	PROPN
ejge-7083	1	67	cristo	cristo	PROPN
ejge-7083	1	68	,	,	PUNCT
ejge-7083	1	69	33006	33006	NUM
ejge-7083	1	70	oviedo	oviedo	PROPN
ejge-7083	1	71	,	,	PUNCT
ejge-7083	1	72	spain	spain	PROPN
ejge-7083	1	73	*	*	PUNCT
ejge-7083	1	74	corresponding	correspond	VERB
ejge-7083	1	75	author	author	NOUN
ejge-7083	1	76	at	at	ADP
ejge-7083	1	77	:	:	PUNCT
ejge-7083	1	78	davidboto93@gmail.com	davidboto93@gmail.com	X
ejge-7083	1	79	abstract	abstract	ADJ
ejge-7083	1	80	.	.	PUNCT
ejge-7083	2	1	this	this	DET
ejge-7083	2	2	paper	paper	NOUN
ejge-7083	2	3	studies	study	VERB
ejge-7083	2	4	the	the	DET
ejge-7083	2	5	relationship	relationship	NOUN
ejge-7083	2	6	between	between	ADP
ejge-7083	2	7	the	the	DET
ejge-7083	2	8	euribor	euribor	PROPN
ejge-7083	2	9	rate	rate	NOUN
ejge-7083	2	10	and	and	CCONJ
ejge-7083	2	11	the	the	DET
ejge-7083	2	12	return	return	NOUN
ejge-7083	2	13	on	on	ADP
ejge-7083	2	14	average	average	ADJ
ejge-7083	2	15	assets	asset	NOUN
ejge-7083	2	16	(	(	PUNCT
ejge-7083	2	17	roaa	roaa	PROPN
ejge-7083	2	18	)	)	PUNCT
ejge-7083	2	19	of	of	ADP
ejge-7083	2	20	the	the	DET
ejge-7083	2	21	spanish	spanish	ADJ
ejge-7083	2	22	banking	banking	NOUN
ejge-7083	2	23	sector	sector	NOUN
ejge-7083	2	24	.	.	PUNCT
ejge-7083	3	1	we	we	PRON
ejge-7083	3	2	use	use	VERB
ejge-7083	3	3	quarterly	quarterly	ADJ
ejge-7083	3	4	time	time	NOUN
ejge-7083	3	5	series	series	PROPN
ejge-7083	3	6	data	datum	NOUN
ejge-7083	3	7	for	for	ADP
ejge-7083	3	8	the	the	DET
ejge-7083	3	9	period	period	NOUN
ejge-7083	3	10	1995	1995	NUM
ejge-7083	3	11	-	-	SYM
ejge-7083	3	12	2016	2016	NUM
ejge-7083	3	13	.	.	PUNCT
ejge-7083	4	1	our	our	PRON
ejge-7083	4	2	analysis	analysis	NOUN
ejge-7083	4	3	also	also	ADV
ejge-7083	4	4	controls	control	VERB
ejge-7083	4	5	for	for	ADP
ejge-7083	4	6	bank	bank	NOUN
ejge-7083	4	7	factors	factor	NOUN
ejge-7083	4	8	,	,	PUNCT
ejge-7083	4	9	market	market	NOUN
ejge-7083	4	10	concentration	concentration	NOUN
ejge-7083	4	11	,	,	PUNCT
ejge-7083	4	12	the	the	DET
ejge-7083	4	13	macroeconomic	macroeconomic	ADJ
ejge-7083	4	14	environment	environment	NOUN
ejge-7083	4	15	and	and	CCONJ
ejge-7083	4	16	time	time	NOUN
ejge-7083	4	17	effects	effect	NOUN
ejge-7083	4	18	.	.	PUNCT
ejge-7083	5	1	the	the	DET
ejge-7083	5	2	main	main	ADJ
ejge-7083	5	3	purpose	purpose	NOUN
ejge-7083	5	4	is	be	AUX
ejge-7083	5	5	to	to	PART
ejge-7083	5	6	examine	examine	VERB
ejge-7083	5	7	how	how	SCONJ
ejge-7083	5	8	the	the	DET
ejge-7083	5	9	sector	sector	NOUN
ejge-7083	5	10	's	's	PART
ejge-7083	5	11	roaa	roaa	VERB
ejge-7083	5	12	varies	vary	VERB
ejge-7083	5	13	with	with	ADP
ejge-7083	5	14	the	the	DET
ejge-7083	5	15	slope	slope	NOUN
ejge-7083	5	16	of	of	ADP
ejge-7083	5	17	the	the	DET
ejge-7083	5	18	yield	yield	NOUN
ejge-7083	5	19	curve	curve	NOUN
ejge-7083	5	20	.	.	PUNCT
ejge-7083	6	1	we	we	PRON
ejge-7083	6	2	find	find	VERB
ejge-7083	6	3	evidence	evidence	NOUN
ejge-7083	6	4	of	of	ADP
ejge-7083	6	5	an	an	DET
ejge-7083	6	6	inverse	inverse	NOUN
ejge-7083	6	7	relationship	relationship	NOUN
ejge-7083	6	8	between	between	ADP
ejge-7083	6	9	the	the	DET
ejge-7083	6	10	euribor	euribor	PROPN
ejge-7083	6	11	rate	rate	NOUN
ejge-7083	6	12	and	and	CCONJ
ejge-7083	6	13	profitability	profitability	NOUN
ejge-7083	6	14	.	.	PUNCT
ejge-7083	7	1	we	we	PRON
ejge-7083	7	2	also	also	ADV
ejge-7083	7	3	show	show	VERB
ejge-7083	7	4	that	that	SCONJ
ejge-7083	7	5	banking	banking	NOUN
ejge-7083	7	6	profitability	profitability	NOUN
ejge-7083	7	7	is	be	AUX
ejge-7083	7	8	pro	pro	ADJ
ejge-7083	7	9	-	-	ADJ
ejge-7083	7	10	cyclical	cyclical	ADJ
ejge-7083	7	11	and	and	CCONJ
ejge-7083	7	12	is	be	AUX
ejge-7083	7	13	positively	positively	ADV
ejge-7083	7	14	related	relate	VERB
ejge-7083	7	15	to	to	ADP
ejge-7083	7	16	the	the	DET
ejge-7083	7	17	stock	stock	NOUN
ejge-7083	7	18	of	of	ADP
ejge-7083	7	19	performing	perform	VERB
ejge-7083	7	20	loans	loan	NOUN
ejge-7083	7	21	and	and	CCONJ
ejge-7083	7	22	the	the	DET
ejge-7083	7	23	national	national	ADJ
ejge-7083	7	24	10	10	NUM
ejge-7083	7	25	-	-	PUNCT
ejge-7083	7	26	year	year	NOUN
ejge-7083	7	27	bond	bond	NOUN
ejge-7083	7	28	yield	yield	NOUN
ejge-7083	7	29	.	.	PUNCT
ejge-7083	8	1	keywords	keyword	NOUN
ejge-7083	8	2	.	.	PUNCT
ejge-7083	9	1	banking	banking	NOUN
ejge-7083	9	2	profitability	profitability	NOUN
ejge-7083	9	3	;	;	PUNCT
ejge-7083	9	4	time	time	NOUN
ejge-7083	9	5	series	series	NOUN
ejge-7083	9	6	;	;	PUNCT
ejge-7083	9	7	euribor	euribor	PROPN
ejge-7083	9	8	;	;	PUNCT
ejge-7083	9	9	interest	interest	NOUN
ejge-7083	9	10	rate	rate	NOUN
ejge-7083	9	11	spread	spread	VERB
ejge-7083	9	12	;	;	PUNCT
ejge-7083	9	13	unconventional	unconventional	ADJ
ejge-7083	9	14	monetary	monetary	ADJ
ejge-7083	9	15	policy	policy	NOUN
ejge-7083	9	16	;	;	PUNCT
ejge-7083	9	17	yield	yield	NOUN
ejge-7083	9	18	curve	curve	PROPN
ejge-7083	9	19	jel	jel	PROPN
ejge-7083	9	20	codes	code	NOUN
ejge-7083	9	21	.	.	PUNCT
ejge-7083	10	1	c01	c01	PROPN
ejge-7083	10	2	;	;	PUNCT
ejge-7083	10	3	c22	c22	NOUN
ejge-7083	10	4	;	;	PUNCT
ejge-7083	10	5	e44	e44	PROPN
ejge-7083	10	6	;	;	PUNCT
ejge-7083	10	7	g21	g21	PROPN
ejge-7083	10	8	doi	doi	NOUN
ejge-7083	10	9	.	.	PUNCT
ejge-7083	11	1	https://doi.org/10.17979/ejge.2021.10.1.7083	https://doi.org/10.17979/ejge.2021.10.1.7083	X
ejge-7083	12	1	1	1	X
ejge-7083	12	2	.	.	X
ejge-7083	12	3	introduction	introduction	NOUN
ejge-7083	12	4	a	a	DET
ejge-7083	12	5	solid	solid	ADJ
ejge-7083	12	6	banking	banking	NOUN
ejge-7083	12	7	system	system	NOUN
ejge-7083	12	8	has	have	VERB
ejge-7083	12	9	a	a	DET
ejge-7083	12	10	major	major	ADJ
ejge-7083	12	11	impact	impact	NOUN
ejge-7083	12	12	on	on	ADP
ejge-7083	12	13	the	the	DET
ejge-7083	12	14	performance	performance	NOUN
ejge-7083	12	15	of	of	ADP
ejge-7083	12	16	the	the	DET
ejge-7083	12	17	real	real	ADJ
ejge-7083	12	18	economy	economy	NOUN
ejge-7083	12	19	.	.	PUNCT
ejge-7083	13	1	as	as	SCONJ
ejge-7083	13	2	proved	prove	VERB
ejge-7083	13	3	in	in	ADP
ejge-7083	13	4	the	the	DET
ejge-7083	13	5	2008	2008	NUM
ejge-7083	13	6	financial	financial	ADJ
ejge-7083	13	7	crisis	crisis	NOUN
ejge-7083	13	8	,	,	PUNCT
ejge-7083	13	9	when	when	SCONJ
ejge-7083	13	10	banks	bank	NOUN
ejge-7083	13	11	run	run	VERB
ejge-7083	13	12	into	into	ADP
ejge-7083	13	13	economic	economic	ADJ
ejge-7083	13	14	difficulties	difficulty	NOUN
ejge-7083	13	15	,	,	PUNCT
ejge-7083	13	16	their	their	PRON
ejge-7083	13	17	problems	problem	NOUN
ejge-7083	13	18	spread	spread	VERB
ejge-7083	13	19	out	out	ADP
ejge-7083	13	20	to	to	ADP
ejge-7083	13	21	the	the	DET
ejge-7083	13	22	whole	whole	ADJ
ejge-7083	13	23	economy	economy	NOUN
ejge-7083	13	24	.	.	PUNCT
ejge-7083	14	1	indeed	indeed	ADV
ejge-7083	14	2	,	,	PUNCT
ejge-7083	14	3	the	the	DET
ejge-7083	14	4	potential	potential	ADJ
ejge-7083	14	5	bankruptcy	bankruptcy	NOUN
ejge-7083	14	6	of	of	ADP
ejge-7083	14	7	the	the	DET
ejge-7083	14	8	banking	banking	NOUN
ejge-7083	14	9	sector	sector	NOUN
ejge-7083	14	10	can	can	AUX
ejge-7083	14	11	lead	lead	VERB
ejge-7083	14	12	other	other	ADJ
ejge-7083	14	13	sectors	sector	NOUN
ejge-7083	14	14	to	to	ADP
ejge-7083	14	15	failure	failure	NOUN
ejge-7083	14	16	,	,	PUNCT
ejge-7083	14	17	thereby	thereby	ADV
ejge-7083	14	18	producing	produce	VERB
ejge-7083	14	19	systemic	systemic	ADJ
ejge-7083	14	20	crises	crisis	NOUN
ejge-7083	14	21	.	.	PUNCT
ejge-7083	15	1	this	this	PRON
ejge-7083	15	2	is	be	AUX
ejge-7083	15	3	especially	especially	ADV
ejge-7083	15	4	relevant	relevant	ADJ
ejge-7083	15	5	for	for	ADP
ejge-7083	15	6	spain	spain	PROPN
ejge-7083	15	7	,	,	PUNCT
ejge-7083	15	8	since	since	SCONJ
ejge-7083	15	9	its	its	PRON
ejge-7083	15	10	business	business	NOUN
ejge-7083	15	11	structure	structure	NOUN
ejge-7083	15	12	strongly	strongly	ADV
ejge-7083	15	13	depends	depend	VERB
ejge-7083	15	14	upon	upon	SCONJ
ejge-7083	15	15	bank	bank	NOUN
ejge-7083	15	16	financing	financing	NOUN
ejge-7083	15	17	(	(	PUNCT
ejge-7083	15	18	hoffman	hoffman	PROPN
ejge-7083	15	19	&	&	CCONJ
ejge-7083	15	20	sorensen	sorensen	PROPN
ejge-7083	15	21	,	,	PUNCT
ejge-7083	15	22	2015	2015	NUM
ejge-7083	15	23	)	)	PUNCT
ejge-7083	15	24	.	.	PUNCT
ejge-7083	16	1	in	in	ADP
ejge-7083	16	2	recent	recent	ADJ
ejge-7083	16	3	years	year	NOUN
ejge-7083	16	4	,	,	PUNCT
ejge-7083	16	5	the	the	DET
ejge-7083	16	6	banking	banking	NOUN
ejge-7083	16	7	business	business	NOUN
ejge-7083	16	8	has	have	AUX
ejge-7083	16	9	suffered	suffer	VERB
ejge-7083	16	10	a	a	DET
ejge-7083	16	11	strong	strong	ADJ
ejge-7083	16	12	deterioration	deterioration	NOUN
ejge-7083	16	13	in	in	ADP
ejge-7083	16	14	its	its	PRON
ejge-7083	16	15	balance	balance	NOUN
ejge-7083	16	16	sheets	sheet	NOUN
ejge-7083	16	17	.	.	PUNCT
ejge-7083	17	1	on	on	ADP
ejge-7083	17	2	the	the	DET
ejge-7083	17	3	one	one	NUM
ejge-7083	17	4	hand	hand	NOUN
ejge-7083	17	5	,	,	PUNCT
ejge-7083	17	6	the	the	DET
ejge-7083	17	7	number	number	NOUN
ejge-7083	17	8	of	of	ADP
ejge-7083	17	9	unproductive	unproductive	ADJ
ejge-7083	17	10	assets	asset	NOUN
ejge-7083	17	11	has	have	AUX
ejge-7083	17	12	significantly	significantly	ADV
ejge-7083	17	13	increased	increase	VERB
ejge-7083	17	14	as	as	ADP
ejge-7083	17	15	a	a	DET
ejge-7083	17	16	consequence	consequence	NOUN
ejge-7083	17	17	of	of	ADP
ejge-7083	17	18	the	the	DET
ejge-7083	17	19	2008	2008	NUM
ejge-7083	17	20	economic	economic	ADJ
ejge-7083	17	21	crisis	crisis	NOUN
ejge-7083	17	22	.	.	PUNCT
ejge-7083	18	1	apart	apart	ADV
ejge-7083	18	2	from	from	ADP
ejge-7083	18	3	not	not	PART
ejge-7083	18	4	producing	produce	VERB
ejge-7083	18	5	revenues	revenue	NOUN
ejge-7083	18	6	,	,	PUNCT
ejge-7083	18	7	these	these	DET
ejge-7083	18	8	assets	asset	NOUN
ejge-7083	18	9	also	also	ADV
ejge-7083	18	10	carry	carry	VERB
ejge-7083	18	11	non	non	ADJ
ejge-7083	18	12	-	-	ADJ
ejge-7083	18	13	negligible	negligible	ADJ
ejge-7083	18	14	costs	cost	NOUN
ejge-7083	18	15	.	.	PUNCT
ejge-7083	19	1	this	this	PRON
ejge-7083	19	2	has	have	AUX
ejge-7083	19	3	forced	force	VERB
ejge-7083	19	4	the	the	DET
ejge-7083	19	5	private	private	ADJ
ejge-7083	19	6	sector	sector	NOUN
ejge-7083	19	7	to	to	PART
ejge-7083	19	8	conduct	conduct	VERB
ejge-7083	19	9	a	a	DET
ejge-7083	19	10	slow	slow	ADJ
ejge-7083	19	11	deleveraging	deleveraging	NOUN
ejge-7083	19	12	,	,	PUNCT
ejge-7083	19	13	which	which	PRON
ejge-7083	19	14	in	in	ADP
ejge-7083	19	15	turn	turn	NOUN
ejge-7083	19	16	has	have	VERB
ejge-7083	19	17	limited	limit	VERB
ejge-7083	19	18	loans	loan	NOUN
ejge-7083	19	19	'	'	PART
ejge-7083	19	20	growth	growth	NOUN
ejge-7083	19	21	.	.	PUNCT
ejge-7083	20	1	additionally	additionally	ADV
ejge-7083	20	2	,	,	PUNCT
ejge-7083	20	3	authorities	authority	NOUN
ejge-7083	20	4	have	have	AUX
ejge-7083	20	5	increased	increase	VERB
ejge-7083	20	6	capital	capital	NOUN
ejge-7083	20	7	requirements	requirement	NOUN
ejge-7083	20	8	,	,	PUNCT
ejge-7083	20	9	forcing	force	VERB
ejge-7083	20	10	banks	bank	NOUN
ejge-7083	20	11	to	to	PART
ejge-7083	20	12	obtain	obtain	VERB
ejge-7083	20	13	more	more	ADJ
ejge-7083	20	14	profits	profit	NOUN
ejge-7083	20	15	to	to	PART
ejge-7083	20	16	attain	attain	VERB
ejge-7083	20	17	the	the	DET
ejge-7083	20	18	same	same	ADJ
ejge-7083	20	19	level	level	NOUN
ejge-7083	20	20	of	of	ADP
ejge-7083	20	21	profitability	profitability	NOUN
ejge-7083	20	22	.	.	PUNCT
ejge-7083	21	1	the	the	DET
ejge-7083	21	2	recovery	recovery	NOUN
ejge-7083	21	3	of	of	ADP
ejge-7083	21	4	profitability	profitability	NOUN
ejge-7083	21	5	to	to	ADP
ejge-7083	21	6	levels	level	NOUN
ejge-7083	21	7	prevailing	prevail	VERB
ejge-7083	21	8	before	before	SCONJ
ejge-7083	21	9	the	the	DET
ejge-7083	21	10	great	great	ADJ
ejge-7083	21	11	recession	recession	NOUN
ejge-7083	21	12	is	be	AUX
ejge-7083	21	13	one	one	NUM
ejge-7083	21	14	of	of	ADP
ejge-7083	21	15	the	the	DET
ejge-7083	21	16	great	great	ADJ
ejge-7083	21	17	challenges	challenge	NOUN
ejge-7083	21	18	the	the	DET
ejge-7083	21	19	sector	sector	NOUN
ejge-7083	21	20	is	be	AUX
ejge-7083	21	21	facing	face	VERB
ejge-7083	21	22	.	.	PUNCT
ejge-7083	22	1	the	the	DET
ejge-7083	22	2	level	level	NOUN
ejge-7083	22	3	of	of	ADP
ejge-7083	22	4	profitability	profitability	NOUN
ejge-7083	22	5	of	of	ADP
ejge-7083	22	6	the	the	DET
ejge-7083	22	7	banking	banking	NOUN
ejge-7083	22	8	sector	sector	NOUN
ejge-7083	22	9	is	be	AUX
ejge-7083	22	10	a	a	DET
ejge-7083	22	11	good	good	ADJ
ejge-7083	22	12	indicator	indicator	NOUN
ejge-7083	22	13	of	of	ADP
ejge-7083	22	14	the	the	DET
ejge-7083	22	15	stability	stability	NOUN
ejge-7083	22	16	of	of	ADP
ejge-7083	22	17	the	the	DET
ejge-7083	22	18	financial	financial	ADJ
ejge-7083	22	19	system	system	NOUN
ejge-7083	22	20	.	.	PUNCT
ejge-7083	23	1	low	low	ADJ
ejge-7083	23	2	levels	level	NOUN
ejge-7083	23	3	of	of	ADP
ejge-7083	23	4	profitability	profitability	NOUN
ejge-7083	23	5	can	can	AUX
ejge-7083	23	6	induce	induce	VERB
ejge-7083	23	7	banks	bank	NOUN
ejge-7083	23	8	to	to	PART
ejge-7083	23	9	assume	assume	VERB
ejge-7083	23	10	greater	great	ADJ
ejge-7083	23	11	risks	risk	NOUN
ejge-7083	23	12	(	(	PUNCT
ejge-7083	23	13	bikker	bikker	PROPN
ejge-7083	23	14	&	&	CCONJ
ejge-7083	23	15	vervliet	vervliet	PROPN
ejge-7083	23	16	,	,	PUNCT
ejge-7083	23	17	2018	2018	NUM
ejge-7083	23	18	)	)	PUNCT
ejge-7083	23	19	,	,	PUNCT
ejge-7083	23	20	thereby	thereby	ADV
ejge-7083	23	21	increasing	increase	VERB
ejge-7083	23	22	the	the	DET
ejge-7083	23	23	exposure	exposure	NOUN
ejge-7083	23	24	to	to	ADP
ejge-7083	23	25	systemic	systemic	ADJ
ejge-7083	23	26	crises	crisis	NOUN
ejge-7083	23	27	.	.	PUNCT
ejge-7083	24	1	in	in	ADP
ejge-7083	24	2	recent	recent	ADJ
ejge-7083	24	3	years	year	NOUN
ejge-7083	24	4	,	,	PUNCT
ejge-7083	24	5	the	the	DET
ejge-7083	24	6	european	european	PROPN
ejge-7083	24	7	central	central	PROPN
ejge-7083	24	8	bank	bank	PROPN
ejge-7083	24	9	(	(	PUNCT
ejge-7083	24	10	ecb	ecb	PROPN
ejge-7083	24	11	)	)	PUNCT
ejge-7083	24	12	has	have	AUX
ejge-7083	24	13	developed	develop	VERB
ejge-7083	24	14	an	an	DET
ejge-7083	24	15	expansive	expansive	ADJ
ejge-7083	24	16	monetary	monetary	ADJ
ejge-7083	24	17	policy	policy	NOUN
ejge-7083	24	18	that	that	PRON
ejge-7083	24	19	has	have	AUX
ejge-7083	24	20	led	lead	VERB
ejge-7083	24	21	to	to	ADP
ejge-7083	24	22	a	a	DET
ejge-7083	24	23	sharp	sharp	ADJ
ejge-7083	24	24	decrease	decrease	NOUN
ejge-7083	24	25	in	in	ADP
ejge-7083	24	26	the	the	DET
ejge-7083	24	27	mailto:davidboto93@gmail.com	mailto:davidboto93@gmail.com	PROPN
ejge-7083	24	28	https://doi.org/10.17979/ejge.2021.10.1.7083	https://doi.org/10.17979/ejge.2021.10.1.7083	PROPN
ejge-7083	24	29	david	david	PROPN
ejge-7083	24	30	boto	boto	PROPN
ejge-7083	24	31	-	-	PUNCT
ejge-7083	24	32	garcía	garcía	VERB
ejge-7083	24	33	et	et	PROPN
ejge-7083	24	34	al	al	PROPN
ejge-7083	24	35	.	.	PUNCT
ejge-7083	24	36	/	/	SYM
ejge-7083	24	37	european	european	PROPN
ejge-7083	24	38	journal	journal	PROPN
ejge-7083	24	39	of	of	ADP
ejge-7083	24	40	government	government	NOUN
ejge-7083	24	41	and	and	CCONJ
ejge-7083	24	42	economics	economic	NOUN
ejge-7083	24	43	10(1	10(1	NUM
ejge-7083	24	44	)	)	PUNCT
ejge-7083	24	45	,	,	PUNCT
ejge-7083	24	46	june	june	PROPN
ejge-7083	24	47	2021	2021	NUM
ejge-7083	24	48	,	,	PUNCT
ejge-7083	24	49	5	5	NUM
ejge-7083	24	50	-	-	SYM
ejge-7083	24	51	29	29	NUM
ejge-7083	24	52	6	6	NUM
ejge-7083	24	53	interbank	interbank	NOUN
ejge-7083	24	54	euribor	euribor	ADJ
ejge-7083	24	55	rate	rate	NOUN
ejge-7083	24	56	,	,	PUNCT
ejge-7083	24	57	which	which	PRON
ejge-7083	24	58	has	have	AUX
ejge-7083	24	59	even	even	ADV
ejge-7083	24	60	turned	turn	VERB
ejge-7083	24	61	negative.1	negative.1	PROPN
ejge-7083	24	62	this	this	DET
ejge-7083	24	63	policy	policy	NOUN
ejge-7083	24	64	has	have	VERB
ejge-7083	24	65	important	important	ADJ
ejge-7083	24	66	consequences	consequence	NOUN
ejge-7083	24	67	for	for	ADP
ejge-7083	24	68	the	the	DET
ejge-7083	24	69	stability	stability	NOUN
ejge-7083	24	70	of	of	ADP
ejge-7083	24	71	the	the	DET
ejge-7083	24	72	banking	banking	NOUN
ejge-7083	24	73	system	system	NOUN
ejge-7083	24	74	because	because	SCONJ
ejge-7083	24	75	banks	bank	NOUN
ejge-7083	24	76	substitute	substitute	VERB
ejge-7083	24	77	wholesale	wholesale	ADJ
ejge-7083	24	78	funding	funding	NOUN
ejge-7083	24	79	with	with	ADP
ejge-7083	24	80	ecb	ecb	PROPN
ejge-7083	24	81	funding	funding	NOUN
ejge-7083	24	82	(	(	PUNCT
ejge-7083	24	83	alvarez	alvarez	PROPN
ejge-7083	24	84	et	et	PROPN
ejge-7083	24	85	al	al	PROPN
ejge-7083	24	86	.	.	PROPN
ejge-7083	24	87	,	,	PUNCT
ejge-7083	24	88	2019	2019	NUM
ejge-7083	24	89	)	)	PUNCT
ejge-7083	24	90	.	.	PUNCT
ejge-7083	25	1	since	since	SCONJ
ejge-7083	25	2	most	most	ADJ
ejge-7083	25	3	of	of	ADP
ejge-7083	25	4	the	the	DET
ejge-7083	25	5	asset	asset	NOUN
ejge-7083	25	6	products	product	NOUN
ejge-7083	25	7	'	'	PART
ejge-7083	25	8	rates	rate	NOUN
ejge-7083	25	9	are	be	AUX
ejge-7083	25	10	linked	link	VERB
ejge-7083	25	11	to	to	ADP
ejge-7083	25	12	euribor	euribor	PROPN
ejge-7083	25	13	and	and	CCONJ
ejge-7083	25	14	given	give	VERB
ejge-7083	25	15	that	that	SCONJ
ejge-7083	25	16	a	a	DET
ejge-7083	25	17	recovery	recovery	NOUN
ejge-7083	25	18	to	to	ADP
ejge-7083	25	19	the	the	DET
ejge-7083	25	20	pre	pre	ADJ
ejge-7083	25	21	-	-	ADJ
ejge-7083	25	22	crisis	crisis	ADJ
ejge-7083	25	23	levels	level	NOUN
ejge-7083	25	24	is	be	AUX
ejge-7083	25	25	not	not	PART
ejge-7083	25	26	expected	expect	VERB
ejge-7083	25	27	in	in	ADP
ejge-7083	25	28	the	the	DET
ejge-7083	25	29	short	short	ADJ
ejge-7083	25	30	run	run	NOUN
ejge-7083	25	31	,	,	PUNCT
ejge-7083	25	32	it	it	PRON
ejge-7083	25	33	is	be	AUX
ejge-7083	25	34	unclear	unclear	ADJ
ejge-7083	25	35	how	how	SCONJ
ejge-7083	25	36	the	the	DET
ejge-7083	25	37	downturn	downturn	NOUN
ejge-7083	25	38	in	in	ADP
ejge-7083	25	39	the	the	DET
ejge-7083	25	40	euribor	euribor	PROPN
ejge-7083	25	41	rate	rate	NOUN
ejge-7083	25	42	affects	affect	VERB
ejge-7083	25	43	bank	bank	NOUN
ejge-7083	25	44	business	business	NOUN
ejge-7083	25	45	and	and	CCONJ
ejge-7083	25	46	,	,	PUNCT
ejge-7083	25	47	therefore	therefore	ADV
ejge-7083	25	48	,	,	PUNCT
ejge-7083	25	49	the	the	DET
ejge-7083	25	50	stability	stability	NOUN
ejge-7083	25	51	of	of	ADP
ejge-7083	25	52	the	the	DET
ejge-7083	25	53	banking	banking	NOUN
ejge-7083	25	54	system	system	NOUN
ejge-7083	25	55	.	.	PUNCT
ejge-7083	26	1	using	use	VERB
ejge-7083	26	2	aggregate	aggregate	ADJ
ejge-7083	26	3	quarterly	quarterly	ADJ
ejge-7083	26	4	data	datum	NOUN
ejge-7083	26	5	for	for	ADP
ejge-7083	26	6	the	the	DET
ejge-7083	26	7	whole	whole	ADJ
ejge-7083	26	8	banking	banking	NOUN
ejge-7083	26	9	sector	sector	NOUN
ejge-7083	26	10	covering	cover	VERB
ejge-7083	26	11	the	the	DET
ejge-7083	26	12	period	period	NOUN
ejge-7083	26	13	1995	1995	NUM
ejge-7083	26	14	-	-	SYM
ejge-7083	26	15	2016	2016	NUM
ejge-7083	26	16	,	,	PUNCT
ejge-7083	26	17	this	this	DET
ejge-7083	26	18	paper	paper	NOUN
ejge-7083	26	19	studies	study	VERB
ejge-7083	26	20	the	the	DET
ejge-7083	26	21	evolution	evolution	NOUN
ejge-7083	26	22	of	of	ADP
ejge-7083	26	23	the	the	DET
ejge-7083	26	24	spanish	spanish	ADJ
ejge-7083	26	25	banking	banking	NOUN
ejge-7083	26	26	sector	sector	NOUN
ejge-7083	26	27	's	's	PART
ejge-7083	26	28	average	average	ADJ
ejge-7083	26	29	profitability	profitability	NOUN
ejge-7083	26	30	.	.	PUNCT
ejge-7083	27	1	we	we	PRON
ejge-7083	27	2	specially	specially	ADV
ejge-7083	27	3	focus	focus	VERB
ejge-7083	27	4	on	on	ADP
ejge-7083	27	5	the	the	DET
ejge-7083	27	6	effect	effect	NOUN
ejge-7083	27	7	of	of	ADP
ejge-7083	27	8	the	the	DET
ejge-7083	27	9	slope	slope	NOUN
ejge-7083	27	10	of	of	ADP
ejge-7083	27	11	the	the	DET
ejge-7083	27	12	yield	yield	NOUN
ejge-7083	27	13	curve	curve	NOUN
ejge-7083	27	14	(	(	PUNCT
ejge-7083	27	15	difference	difference	NOUN
ejge-7083	27	16	between	between	ADP
ejge-7083	27	17	longand	longand	NOUN
ejge-7083	27	18	short	short	ADJ
ejge-7083	27	19	-	-	PUNCT
ejge-7083	27	20	run	run	NOUN
ejge-7083	27	21	interest	interest	NOUN
ejge-7083	27	22	rates	rate	NOUN
ejge-7083	27	23	)	)	PUNCT
ejge-7083	27	24	on	on	ADP
ejge-7083	27	25	the	the	DET
ejge-7083	27	26	return	return	NOUN
ejge-7083	27	27	on	on	ADP
ejge-7083	27	28	average	average	ADJ
ejge-7083	27	29	assets	asset	NOUN
ejge-7083	27	30	.	.	PUNCT
ejge-7083	28	1	our	our	PRON
ejge-7083	28	2	aim	aim	NOUN
ejge-7083	28	3	is	be	AUX
ejge-7083	28	4	to	to	PART
ejge-7083	28	5	explore	explore	VERB
ejge-7083	28	6	how	how	SCONJ
ejge-7083	28	7	the	the	DET
ejge-7083	28	8	central	central	ADJ
ejge-7083	28	9	bank	bank	NOUN
ejge-7083	28	10	monetary	monetary	ADJ
ejge-7083	28	11	policy	policy	NOUN
ejge-7083	28	12	in	in	ADP
ejge-7083	28	13	terms	term	NOUN
ejge-7083	28	14	of	of	ADP
ejge-7083	28	15	the	the	DET
ejge-7083	28	16	12	12	NUM
ejge-7083	28	17	-	-	PUNCT
ejge-7083	28	18	month	month	NOUN
ejge-7083	28	19	euribor	euribor	PROPN
ejge-7083	28	20	rate	rate	NOUN
ejge-7083	28	21	has	have	AUX
ejge-7083	28	22	affected	affect	VERB
ejge-7083	28	23	bank	bank	NOUN
ejge-7083	28	24	profits	profit	NOUN
ejge-7083	28	25	.	.	PUNCT
ejge-7083	29	1	our	our	PRON
ejge-7083	29	2	regression	regression	NOUN
ejge-7083	29	3	analysis	analysis	NOUN
ejge-7083	29	4	also	also	ADV
ejge-7083	29	5	controls	control	VERB
ejge-7083	29	6	for	for	ADP
ejge-7083	29	7	other	other	ADJ
ejge-7083	29	8	relevant	relevant	ADJ
ejge-7083	29	9	banking	banking	NOUN
ejge-7083	29	10	variables	variable	NOUN
ejge-7083	29	11	like	like	ADP
ejge-7083	29	12	the	the	DET
ejge-7083	29	13	stock	stock	NOUN
ejge-7083	29	14	of	of	ADP
ejge-7083	29	15	performing	perform	VERB
ejge-7083	29	16	loans	loan	NOUN
ejge-7083	29	17	or	or	CCONJ
ejge-7083	29	18	the	the	DET
ejge-7083	29	19	ecb	ecb	NOUN
ejge-7083	29	20	assets	asset	NOUN
ejge-7083	29	21	,	,	PUNCT
ejge-7083	29	22	the	the	DET
ejge-7083	29	23	macroeconomic	macroeconomic	ADJ
ejge-7083	29	24	environment	environment	NOUN
ejge-7083	29	25	measured	measure	VERB
ejge-7083	29	26	through	through	ADP
ejge-7083	29	27	the	the	DET
ejge-7083	29	28	gross	gross	ADJ
ejge-7083	29	29	domestic	domestic	ADJ
ejge-7083	29	30	product	product	NOUN
ejge-7083	29	31	,	,	PUNCT
ejge-7083	29	32	the	the	DET
ejge-7083	29	33	market	market	NOUN
ejge-7083	29	34	concentration	concentration	NOUN
ejge-7083	29	35	of	of	ADP
ejge-7083	29	36	the	the	DET
ejge-7083	29	37	sector	sector	NOUN
ejge-7083	29	38	through	through	ADP
ejge-7083	29	39	the	the	DET
ejge-7083	29	40	herfindahl	herfindahl	NOUN
ejge-7083	29	41	-	-	PUNCT
ejge-7083	29	42	hirschman	hirschman	NOUN
ejge-7083	29	43	index	index	NOUN
ejge-7083	29	44	and	and	CCONJ
ejge-7083	29	45	the	the	DET
ejge-7083	29	46	c5	c5	PROPN
ejge-7083	29	47	ratio	ratio	NOUN
ejge-7083	29	48	,	,	PUNCT
ejge-7083	29	49	and	and	CCONJ
ejge-7083	29	50	some	some	DET
ejge-7083	29	51	time	time	NOUN
ejge-7083	29	52	effects	effect	NOUN
ejge-7083	29	53	.	.	PUNCT
ejge-7083	30	1	banking	banking	NOUN
ejge-7083	30	2	profitability	profitability	NOUN
ejge-7083	30	3	has	have	AUX
ejge-7083	30	4	been	be	AUX
ejge-7083	30	5	widely	widely	ADV
ejge-7083	30	6	studied	study	VERB
ejge-7083	30	7	,	,	PUNCT
ejge-7083	30	8	both	both	PRON
ejge-7083	30	9	internationally	internationally	ADV
ejge-7083	30	10	(	(	PUNCT
ejge-7083	30	11	molyneux	molyneux	PROPN
ejge-7083	30	12	&	&	CCONJ
ejge-7083	30	13	thornton	thornton	PROPN
ejge-7083	30	14	,	,	PUNCT
ejge-7083	30	15	1992	1992	NUM
ejge-7083	30	16	;	;	PUNCT
ejge-7083	30	17	garcia	garcia	PROPN
ejge-7083	30	18	-	-	PUNCT
ejge-7083	30	19	herrero	herrero	PROPN
ejge-7083	30	20	et	et	PROPN
ejge-7083	30	21	al	al	PROPN
ejge-7083	30	22	.	.	PROPN
ejge-7083	30	23	,	,	PUNCT
ejge-7083	30	24	2009	2009	NUM
ejge-7083	30	25	)	)	PUNCT
ejge-7083	30	26	and	and	CCONJ
ejge-7083	30	27	in	in	ADP
ejge-7083	30	28	spain	spain	PROPN
ejge-7083	30	29	(	(	PUNCT
ejge-7083	30	30	trujillo	trujillo	PROPN
ejge-7083	30	31	-	-	PUNCT
ejge-7083	30	32	ponce	ponce	NOUN
ejge-7083	30	33	,	,	PUNCT
ejge-7083	30	34	2013	2013	NUM
ejge-7083	30	35	;	;	PUNCT
ejge-7083	30	36	climent	climent	NOUN
ejge-7083	30	37	&	&	CCONJ
ejge-7083	30	38	pavía	pavía	ADJ
ejge-7083	30	39	,	,	PUNCT
ejge-7083	30	40	2015	2015	NUM
ejge-7083	30	41	)	)	PUNCT
ejge-7083	30	42	.	.	PUNCT
ejge-7083	31	1	most	most	ADJ
ejge-7083	31	2	of	of	ADP
ejge-7083	31	3	these	these	DET
ejge-7083	31	4	studies	study	NOUN
ejge-7083	31	5	use	use	VERB
ejge-7083	31	6	panel	panel	NOUN
ejge-7083	31	7	datasets	dataset	NOUN
ejge-7083	31	8	with	with	ADP
ejge-7083	31	9	disaggregated	disaggregated	ADJ
ejge-7083	31	10	information	information	NOUN
ejge-7083	31	11	for	for	ADP
ejge-7083	31	12	each	each	DET
ejge-7083	31	13	bank	bank	NOUN
ejge-7083	31	14	.	.	PUNCT
ejge-7083	32	1	we	we	PRON
ejge-7083	32	2	instead	instead	ADV
ejge-7083	32	3	use	use	VERB
ejge-7083	32	4	aggregate	aggregate	ADJ
ejge-7083	32	5	time	time	NOUN
ejge-7083	32	6	series	series	PROPN
ejge-7083	32	7	data	datum	NOUN
ejge-7083	32	8	taking	take	VERB
ejge-7083	32	9	the	the	DET
ejge-7083	32	10	return	return	NOUN
ejge-7083	32	11	on	on	ADP
ejge-7083	32	12	average	average	ADJ
ejge-7083	32	13	assets	asset	NOUN
ejge-7083	32	14	(	(	PUNCT
ejge-7083	32	15	roaa	roaa	PROPN
ejge-7083	32	16	)	)	PUNCT
ejge-7083	32	17	of	of	ADP
ejge-7083	32	18	the	the	DET
ejge-7083	32	19	banking	banking	NOUN
ejge-7083	32	20	sector	sector	NOUN
ejge-7083	32	21	as	as	ADP
ejge-7083	32	22	our	our	PRON
ejge-7083	32	23	dependent	dependent	ADJ
ejge-7083	32	24	variable	variable	NOUN
ejge-7083	32	25	.	.	PUNCT
ejge-7083	33	1	this	this	PRON
ejge-7083	33	2	is	be	AUX
ejge-7083	33	3	because	because	SCONJ
ejge-7083	33	4	our	our	PRON
ejge-7083	33	5	objective	objective	NOUN
ejge-7083	33	6	is	be	AUX
ejge-7083	33	7	not	not	PART
ejge-7083	33	8	to	to	PART
ejge-7083	33	9	study	study	VERB
ejge-7083	33	10	the	the	DET
ejge-7083	33	11	determinants	determinant	NOUN
ejge-7083	33	12	of	of	ADP
ejge-7083	33	13	bank	bank	NOUN
ejge-7083	33	14	profitability	profitability	NOUN
ejge-7083	33	15	,	,	PUNCT
ejge-7083	33	16	in	in	ADP
ejge-7083	33	17	which	which	DET
ejge-7083	33	18	case	case	NOUN
ejge-7083	33	19	we	we	PRON
ejge-7083	33	20	would	would	AUX
ejge-7083	33	21	need	need	VERB
ejge-7083	33	22	to	to	PART
ejge-7083	33	23	exploit	exploit	VERB
ejge-7083	33	24	the	the	DET
ejge-7083	33	25	cross	cross	ADJ
ejge-7083	33	26	-	-	ADJ
ejge-7083	33	27	sectional	sectional	ADJ
ejge-7083	33	28	variability	variability	NOUN
ejge-7083	33	29	across	across	ADP
ejge-7083	33	30	banks	bank	NOUN
ejge-7083	33	31	,	,	PUNCT
ejge-7083	33	32	but	but	CCONJ
ejge-7083	33	33	examine	examine	VERB
ejge-7083	33	34	how	how	SCONJ
ejge-7083	33	35	the	the	DET
ejge-7083	33	36	sector	sector	NOUN
ejge-7083	33	37	's	's	PART
ejge-7083	33	38	average	average	ADJ
ejge-7083	33	39	profitability	profitability	NOUN
ejge-7083	33	40	relates	relate	VERB
ejge-7083	33	41	to	to	ADP
ejge-7083	33	42	interest	interest	NOUN
ejge-7083	33	43	rates	rate	NOUN
ejge-7083	33	44	.	.	PUNCT
ejge-7083	34	1	our	our	PRON
ejge-7083	34	2	approach	approach	NOUN
ejge-7083	34	3	has	have	VERB
ejge-7083	34	4	the	the	DET
ejge-7083	34	5	additional	additional	ADJ
ejge-7083	34	6	advantage	advantage	NOUN
ejge-7083	34	7	that	that	SCONJ
ejge-7083	34	8	it	it	PRON
ejge-7083	34	9	avoids	avoid	VERB
ejge-7083	34	10	the	the	DET
ejge-7083	34	11	problem	problem	NOUN
ejge-7083	34	12	of	of	ADP
ejge-7083	34	13	dealing	deal	VERB
ejge-7083	34	14	with	with	ADP
ejge-7083	34	15	the	the	DET
ejge-7083	34	16	great	great	ADJ
ejge-7083	34	17	number	number	NOUN
ejge-7083	34	18	of	of	ADP
ejge-7083	34	19	mergers	merger	NOUN
ejge-7083	34	20	between	between	ADP
ejge-7083	34	21	banks	bank	NOUN
ejge-7083	34	22	that	that	PRON
ejge-7083	34	23	took	take	VERB
ejge-7083	34	24	place	place	NOUN
ejge-7083	34	25	during	during	ADP
ejge-7083	34	26	the	the	DET
ejge-7083	34	27	study	study	NOUN
ejge-7083	34	28	period	period	NOUN
ejge-7083	34	29	.	.	PUNCT
ejge-7083	35	1	there	there	PRON
ejge-7083	35	2	is	be	VERB
ejge-7083	35	3	an	an	DET
ejge-7083	35	4	emerging	emerge	VERB
ejge-7083	35	5	body	body	NOUN
ejge-7083	35	6	of	of	ADP
ejge-7083	35	7	literature	literature	NOUN
ejge-7083	35	8	concerned	concern	VERB
ejge-7083	35	9	about	about	ADP
ejge-7083	35	10	the	the	DET
ejge-7083	35	11	impact	impact	NOUN
ejge-7083	35	12	of	of	ADP
ejge-7083	35	13	interest	interest	NOUN
ejge-7083	35	14	rates	rate	NOUN
ejge-7083	35	15	and	and	CCONJ
ejge-7083	35	16	central	central	ADJ
ejge-7083	35	17	banks	bank	NOUN
ejge-7083	35	18	'	'	PART
ejge-7083	35	19	regulation	regulation	NOUN
ejge-7083	35	20	on	on	ADP
ejge-7083	35	21	bank	bank	NOUN
ejge-7083	35	22	performance	performance	NOUN
ejge-7083	35	23	(	(	PUNCT
ejge-7083	35	24	e.g.	e.g.	ADV
ejge-7083	35	25	,	,	PUNCT
ejge-7083	35	26	borio	borio	PROPN
ejge-7083	35	27	et	et	PROPN
ejge-7083	35	28	al	al	PROPN
ejge-7083	35	29	.	.	PROPN
ejge-7083	35	30	,	,	PUNCT
ejge-7083	35	31	2017	2017	NUM
ejge-7083	35	32	;	;	PUNCT
ejge-7083	35	33	chaudron	chaudron	NOUN
ejge-7083	35	34	,	,	PUNCT
ejge-7083	35	35	2018	2018	NUM
ejge-7083	35	36	;	;	PUNCT
ejge-7083	35	37	lópez	lópez	PROPN
ejge-7083	35	38	et	et	PROPN
ejge-7083	35	39	al	al	PROPN
ejge-7083	35	40	.	.	PROPN
ejge-7083	35	41	,	,	PUNCT
ejge-7083	35	42	2020	2020	NUM
ejge-7083	35	43	)	)	PUNCT
ejge-7083	35	44	.	.	PUNCT
ejge-7083	36	1	the	the	DET
ejge-7083	36	2	paper	paper	NOUN
ejge-7083	36	3	adds	add	VERB
ejge-7083	36	4	to	to	ADP
ejge-7083	36	5	this	this	DET
ejge-7083	36	6	line	line	NOUN
ejge-7083	36	7	of	of	ADP
ejge-7083	36	8	research	research	NOUN
ejge-7083	36	9	by	by	ADP
ejge-7083	36	10	exploring	explore	VERB
ejge-7083	36	11	how	how	SCONJ
ejge-7083	36	12	the	the	DET
ejge-7083	36	13	sector	sector	NOUN
ejge-7083	36	14	's	's	PART
ejge-7083	36	15	profitability	profitability	NOUN
ejge-7083	36	16	has	have	AUX
ejge-7083	36	17	been	be	AUX
ejge-7083	36	18	affected	affect	VERB
ejge-7083	36	19	by	by	ADP
ejge-7083	36	20	the	the	DET
ejge-7083	36	21	slope	slope	NOUN
ejge-7083	36	22	of	of	ADP
ejge-7083	36	23	the	the	DET
ejge-7083	36	24	yield	yield	NOUN
ejge-7083	36	25	curve	curve	NOUN
ejge-7083	36	26	,	,	PUNCT
ejge-7083	36	27	measured	measure	VERB
ejge-7083	36	28	here	here	ADV
ejge-7083	36	29	as	as	ADP
ejge-7083	36	30	the	the	DET
ejge-7083	36	31	difference	difference	NOUN
ejge-7083	36	32	between	between	ADP
ejge-7083	36	33	the	the	DET
ejge-7083	36	34	10year	10year	NUM
ejge-7083	36	35	sovereign	sovereign	ADJ
ejge-7083	36	36	bond	bond	NOUN
ejge-7083	36	37	yield	yield	NOUN
ejge-7083	36	38	and	and	CCONJ
ejge-7083	36	39	the	the	DET
ejge-7083	36	40	12	12	NUM
ejge-7083	36	41	-	-	PUNCT
ejge-7083	36	42	month	month	NOUN
ejge-7083	36	43	euribor	euribor	NOUN
ejge-7083	36	44	rate	rate	NOUN
ejge-7083	36	45	.	.	PUNCT
ejge-7083	37	1	while	while	SCONJ
ejge-7083	37	2	most	most	ADJ
ejge-7083	37	3	studies	study	NOUN
ejge-7083	37	4	analyse	analyse	VERB
ejge-7083	37	5	the	the	DET
ejge-7083	37	6	role	role	NOUN
ejge-7083	37	7	of	of	ADP
ejge-7083	37	8	the	the	DET
ejge-7083	37	9	spread	spread	NOUN
ejge-7083	37	10	alone	alone	ADV
ejge-7083	37	11	,	,	PUNCT
ejge-7083	37	12	we	we	PRON
ejge-7083	37	13	conduct	conduct	VERB
ejge-7083	37	14	two	two	NUM
ejge-7083	37	15	separate	separate	ADJ
ejge-7083	37	16	analyses	analysis	NOUN
ejge-7083	37	17	,	,	PUNCT
ejge-7083	37	18	including	include	VERB
ejge-7083	37	19	i	i	NOUN
ejge-7083	37	20	)	)	PUNCT
ejge-7083	37	21	the	the	DET
ejge-7083	37	22	spread	spread	NOUN
ejge-7083	37	23	and	and	CCONJ
ejge-7083	37	24	ii	ii	NOUN
ejge-7083	37	25	)	)	PUNCT
ejge-7083	37	26	the	the	DET
ejge-7083	37	27	two	two	NUM
ejge-7083	37	28	interest	interest	NOUN
ejge-7083	37	29	rates	rate	NOUN
ejge-7083	37	30	separately	separately	ADV
ejge-7083	37	31	.	.	PUNCT
ejge-7083	38	1	this	this	PRON
ejge-7083	38	2	allows	allow	VERB
ejge-7083	38	3	us	we	PRON
ejge-7083	38	4	to	to	PART
ejge-7083	38	5	explore	explore	VERB
ejge-7083	38	6	the	the	DET
ejge-7083	38	7	different	different	ADJ
ejge-7083	38	8	effects	effect	NOUN
ejge-7083	38	9	of	of	ADP
ejge-7083	38	10	variations	variation	NOUN
ejge-7083	38	11	in	in	ADP
ejge-7083	38	12	the	the	DET
ejge-7083	38	13	slope	slope	NOUN
ejge-7083	38	14	of	of	ADP
ejge-7083	38	15	the	the	DET
ejge-7083	38	16	yield	yield	NOUN
ejge-7083	38	17	curve	curve	NOUN
ejge-7083	38	18	depending	depend	VERB
ejge-7083	38	19	on	on	ADP
ejge-7083	38	20	whether	whether	SCONJ
ejge-7083	38	21	the	the	DET
ejge-7083	38	22	change	change	NOUN
ejge-7083	38	23	is	be	AUX
ejge-7083	38	24	due	due	ADJ
ejge-7083	38	25	to	to	ADP
ejge-7083	38	26	variations	variation	NOUN
ejge-7083	38	27	in	in	ADP
ejge-7083	38	28	the	the	DET
ejge-7083	38	29	long	long	ADJ
ejge-7083	38	30	-	-	PUNCT
ejge-7083	38	31	term	term	NOUN
ejge-7083	38	32	or	or	CCONJ
ejge-7083	38	33	the	the	DET
ejge-7083	38	34	short	short	ADJ
ejge-7083	38	35	-	-	PUNCT
ejge-7083	38	36	term	term	NOUN
ejge-7083	38	37	interest	interest	NOUN
ejge-7083	38	38	rate	rate	NOUN
ejge-7083	38	39	.	.	PUNCT
ejge-7083	39	1	furthermore	furthermore	ADV
ejge-7083	39	2	,	,	PUNCT
ejge-7083	39	3	we	we	PRON
ejge-7083	39	4	also	also	ADV
ejge-7083	39	5	study	study	VERB
ejge-7083	39	6	whether	whether	SCONJ
ejge-7083	39	7	the	the	DET
ejge-7083	39	8	12	12	NUM
ejge-7083	39	9	-	-	PUNCT
ejge-7083	39	10	month	month	NOUN
ejge-7083	39	11	euribor	euribor	NOUN
ejge-7083	39	12	exerts	exert	VERB
ejge-7083	39	13	a	a	DET
ejge-7083	39	14	different	different	ADJ
ejge-7083	39	15	effect	effect	NOUN
ejge-7083	39	16	on	on	ADP
ejge-7083	39	17	the	the	DET
ejge-7083	39	18	sector	sector	NOUN
ejge-7083	39	19	's	's	PART
ejge-7083	39	20	profitability	profitability	NOUN
ejge-7083	39	21	depending	depend	VERB
ejge-7083	39	22	on	on	ADP
ejge-7083	39	23	its	its	PRON
ejge-7083	39	24	level	level	NOUN
ejge-7083	39	25	.	.	PUNCT
ejge-7083	40	1	the	the	DET
ejge-7083	40	2	paper	paper	NOUN
ejge-7083	40	3	is	be	AUX
ejge-7083	40	4	structured	structure	VERB
ejge-7083	40	5	as	as	SCONJ
ejge-7083	40	6	follows	follow	VERB
ejge-7083	40	7	.	.	PUNCT
ejge-7083	41	1	in	in	ADP
ejge-7083	41	2	section	section	NOUN
ejge-7083	41	3	2	2	NUM
ejge-7083	41	4	,	,	PUNCT
ejge-7083	41	5	we	we	PRON
ejge-7083	41	6	survey	survey	VERB
ejge-7083	41	7	the	the	DET
ejge-7083	41	8	related	related	ADJ
ejge-7083	41	9	literature	literature	NOUN
ejge-7083	41	10	.	.	PUNCT
ejge-7083	42	1	section	section	NOUN
ejge-7083	42	2	3	3	NUM
ejge-7083	42	3	outlines	outline	VERB
ejge-7083	42	4	the	the	DET
ejge-7083	42	5	empirical	empirical	ADJ
ejge-7083	42	6	model	model	NOUN
ejge-7083	42	7	,	,	PUNCT
ejge-7083	42	8	the	the	DET
ejge-7083	42	9	database	database	NOUN
ejge-7083	42	10	and	and	CCONJ
ejge-7083	42	11	the	the	DET
ejge-7083	42	12	variables	variable	NOUN
ejge-7083	42	13	employed	employ	VERB
ejge-7083	42	14	.	.	PUNCT
ejge-7083	43	1	in	in	ADP
ejge-7083	43	2	section	section	NOUN
ejge-7083	43	3	4	4	NUM
ejge-7083	43	4	,	,	PUNCT
ejge-7083	43	5	we	we	PRON
ejge-7083	43	6	present	present	VERB
ejge-7083	43	7	the	the	DET
ejge-7083	43	8	results	result	NOUN
ejge-7083	43	9	of	of	ADP
ejge-7083	43	10	the	the	DET
ejge-7083	43	11	empirical	empirical	ADJ
ejge-7083	43	12	analysis	analysis	NOUN
ejge-7083	43	13	.	.	PUNCT
ejge-7083	44	1	finally	finally	ADV
ejge-7083	44	2	,	,	PUNCT
ejge-7083	44	3	section	section	NOUN
ejge-7083	44	4	5	5	NUM
ejge-7083	44	5	discusses	discuss	VERB
ejge-7083	44	6	the	the	DET
ejge-7083	44	7	main	main	ADJ
ejge-7083	44	8	conclusions	conclusion	NOUN
ejge-7083	44	9	.	.	PUNCT
ejge-7083	45	1	1	1	NUM
ejge-7083	45	2	the	the	DET
ejge-7083	45	3	12	12	NUM
ejge-7083	45	4	-	-	PUNCT
ejge-7083	45	5	month	month	NOUN
ejge-7083	45	6	euribor	euribor	PROPN
ejge-7083	45	7	rate	rate	NOUN
ejge-7083	45	8	(	(	PUNCT
ejge-7083	45	9	nominal	nominal	ADJ
ejge-7083	45	10	terms	term	NOUN
ejge-7083	45	11	)	)	PUNCT
ejge-7083	45	12	was	be	AUX
ejge-7083	45	13	-0.08	-0.08	NUM
ejge-7083	45	14	%	%	NOUN
ejge-7083	45	15	by	by	ADP
ejge-7083	45	16	the	the	DET
ejge-7083	45	17	end	end	NOUN
ejge-7083	45	18	of	of	ADP
ejge-7083	45	19	2016	2016	NUM
ejge-7083	45	20	after	after	ADP
ejge-7083	45	21	suffering	suffer	VERB
ejge-7083	45	22	a	a	DET
ejge-7083	45	23	decrease	decrease	NOUN
ejge-7083	45	24	of	of	ADP
ejge-7083	45	25	100.76	100.76	NUM
ejge-7083	45	26	%	%	NOUN
ejge-7083	45	27	since	since	SCONJ
ejge-7083	45	28	1995	1995	NUM
ejge-7083	45	29	.	.	PUNCT
ejge-7083	46	1	david	david	PROPN
ejge-7083	46	2	boto	boto	PROPN
ejge-7083	46	3	-	-	PUNCT
ejge-7083	46	4	garcía	garcía	VERB
ejge-7083	46	5	et	et	PROPN
ejge-7083	46	6	al	al	PROPN
ejge-7083	46	7	.	.	PUNCT
ejge-7083	46	8	/	/	SYM
ejge-7083	46	9	european	european	PROPN
ejge-7083	46	10	journal	journal	PROPN
ejge-7083	46	11	of	of	ADP
ejge-7083	46	12	government	government	NOUN
ejge-7083	46	13	and	and	CCONJ
ejge-7083	46	14	economics	economic	NOUN
ejge-7083	46	15	10(1	10(1	NUM
ejge-7083	46	16	)	)	PUNCT
ejge-7083	46	17	,	,	PUNCT
ejge-7083	46	18	june	june	PROPN
ejge-7083	46	19	2021	2021	NUM
ejge-7083	46	20	,	,	PUNCT
ejge-7083	46	21	5	5	NUM
ejge-7083	46	22	-	-	SYM
ejge-7083	46	23	29	29	NUM
ejge-7083	46	24	7	7	NUM
ejge-7083	46	25	2	2	NUM
ejge-7083	46	26	.	.	PUNCT
ejge-7083	47	1	literature	literature	NOUN
ejge-7083	47	2	review	review	PROPN
ejge-7083	47	3	following	follow	VERB
ejge-7083	47	4	the	the	DET
ejge-7083	47	5	pioneering	pioneer	VERB
ejge-7083	47	6	works	work	NOUN
ejge-7083	47	7	by	by	ADP
ejge-7083	47	8	flannery	flannery	PROPN
ejge-7083	47	9	(	(	PUNCT
ejge-7083	47	10	1981	1981	NUM
ejge-7083	47	11	)	)	PUNCT
ejge-7083	47	12	and	and	CCONJ
ejge-7083	47	13	ho	ho	PROPN
ejge-7083	47	14	&	&	CCONJ
ejge-7083	47	15	saunders	saunders	PROPN
ejge-7083	47	16	(	(	PUNCT
ejge-7083	47	17	1981	1981	NUM
ejge-7083	47	18	)	)	PUNCT
ejge-7083	47	19	,	,	PUNCT
ejge-7083	47	20	many	many	ADJ
ejge-7083	47	21	studies	study	NOUN
ejge-7083	47	22	have	have	AUX
ejge-7083	47	23	examined	examine	VERB
ejge-7083	47	24	banking	banking	NOUN
ejge-7083	47	25	profitability	profitability	NOUN
ejge-7083	47	26	determinants	determinant	NOUN
ejge-7083	47	27	,	,	PUNCT
ejge-7083	47	28	either	either	CCONJ
ejge-7083	47	29	for	for	ADP
ejge-7083	47	30	a	a	DET
ejge-7083	47	31	multi	multi	ADJ
ejge-7083	47	32	-	-	ADJ
ejge-7083	47	33	country	country	NOUN
ejge-7083	47	34	-	-	PUNCT
ejge-7083	47	35	setup	setup	NOUN
ejge-7083	47	36	(	(	PUNCT
ejge-7083	47	37	molyneux	molyneux	PROPN
ejge-7083	47	38	&	&	CCONJ
ejge-7083	47	39	thornton	thornton	PROPN
ejge-7083	47	40	,	,	PUNCT
ejge-7083	47	41	1992	1992	NUM
ejge-7083	47	42	;	;	PUNCT
ejge-7083	47	43	demirgüc	demirgüc	PROPN
ejge-7083	47	44	-	-	PUNCT
ejge-7083	47	45	kunt	kunt	PROPN
ejge-7083	47	46	&	&	CCONJ
ejge-7083	47	47	huizinga	huizinga	NOUN
ejge-7083	47	48	,	,	PUNCT
ejge-7083	47	49	1999	1999	NUM
ejge-7083	47	50	;	;	PUNCT
ejge-7083	47	51	carbó	carbó	PROPN
ejge-7083	47	52	&	&	CCONJ
ejge-7083	47	53	rodríguez	rodríguez	PROPN
ejge-7083	47	54	,	,	PUNCT
ejge-7083	47	55	2007	2007	NUM
ejge-7083	47	56	;	;	PUNCT
ejge-7083	47	57	albertazzi	albertazzi	NOUN
ejge-7083	47	58	&	&	CCONJ
ejge-7083	47	59	gambacorta	gambacorta	PROPN
ejge-7083	47	60	,	,	PUNCT
ejge-7083	47	61	2009	2009	NUM
ejge-7083	47	62	;	;	PUNCT
ejge-7083	47	63	dietrich	dietrich	PROPN
ejge-7083	47	64	&	&	CCONJ
ejge-7083	47	65	wanzenried	wanzenrie	VERB
ejge-7083	47	66	,	,	PUNCT
ejge-7083	47	67	2014	2014	NUM
ejge-7083	47	68	;	;	PUNCT
ejge-7083	47	69	saona	saona	PROPN
ejge-7083	47	70	,	,	PUNCT
ejge-7083	47	71	2016	2016	NUM
ejge-7083	47	72	)	)	PUNCT
ejge-7083	47	73	or	or	CCONJ
ejge-7083	47	74	focusing	focus	VERB
ejge-7083	47	75	on	on	ADP
ejge-7083	47	76	a	a	DET
ejge-7083	47	77	single	single	ADJ
ejge-7083	47	78	banking	banking	NOUN
ejge-7083	47	79	system	system	NOUN
ejge-7083	47	80	(	(	PUNCT
ejge-7083	47	81	athanasoglou	athanasoglou	PROPN
ejge-7083	47	82	et	et	PROPN
ejge-7083	47	83	al	al	PROPN
ejge-7083	47	84	.	.	PROPN
ejge-7083	47	85	,	,	PUNCT
ejge-7083	47	86	2008	2008	NUM
ejge-7083	47	87	;	;	PUNCT
ejge-7083	47	88	sufian	sufian	PROPN
ejge-7083	47	89	&	&	CCONJ
ejge-7083	47	90	habibullah	habibullah	PROPN
ejge-7083	47	91	,	,	PUNCT
ejge-7083	47	92	2009	2009	NUM
ejge-7083	47	93	;	;	PUNCT
ejge-7083	47	94	dietrich	dietrich	PROPN
ejge-7083	47	95	&	&	CCONJ
ejge-7083	47	96	wanzenried	wanzenrie	VERB
ejge-7083	47	97	,	,	PUNCT
ejge-7083	47	98	2011	2011	NUM
ejge-7083	47	99	;	;	PUNCT
ejge-7083	47	100	garcía	garcía	NOUN
ejge-7083	47	101	-	-	PUNCT
ejge-7083	47	102	herrero	herrero	PROPN
ejge-7083	47	103	et	et	PROPN
ejge-7083	47	104	al	al	PROPN
ejge-7083	47	105	.	.	PROPN
ejge-7083	47	106	,	,	PUNCT
ejge-7083	47	107	2009	2009	NUM
ejge-7083	47	108	)	)	PUNCT
ejge-7083	47	109	.	.	PUNCT
ejge-7083	48	1	most	most	ADJ
ejge-7083	48	2	of	of	ADP
ejge-7083	48	3	this	this	DET
ejge-7083	48	4	literature	literature	NOUN
ejge-7083	48	5	employs	employ	VERB
ejge-7083	48	6	panel	panel	NOUN
ejge-7083	48	7	datasets	dataset	NOUN
ejge-7083	48	8	of	of	ADP
ejge-7083	48	9	banks	bank	NOUN
ejge-7083	48	10	and	and	CCONJ
ejge-7083	48	11	relates	relate	VERB
ejge-7083	48	12	indicators	indicator	NOUN
ejge-7083	48	13	of	of	ADP
ejge-7083	48	14	profitability	profitability	NOUN
ejge-7083	48	15	to	to	ADP
ejge-7083	48	16	bank	bank	NOUN
ejge-7083	48	17	-	-	PUNCT
ejge-7083	48	18	specific	specific	ADJ
ejge-7083	48	19	characteristics	characteristic	NOUN
ejge-7083	48	20	,	,	PUNCT
ejge-7083	48	21	macroeconomic	macroeconomic	ADJ
ejge-7083	48	22	conditions	condition	NOUN
ejge-7083	48	23	,	,	PUNCT
ejge-7083	48	24	and	and	CCONJ
ejge-7083	48	25	the	the	DET
ejge-7083	48	26	degree	degree	NOUN
ejge-7083	48	27	of	of	ADP
ejge-7083	48	28	market	market	NOUN
ejge-7083	48	29	concentration	concentration	NOUN
ejge-7083	48	30	in	in	ADP
ejge-7083	48	31	the	the	DET
ejge-7083	48	32	sector	sector	NOUN
ejge-7083	48	33	.	.	PUNCT
ejge-7083	49	1	these	these	DET
ejge-7083	49	2	studies	study	NOUN
ejge-7083	49	3	generally	generally	ADV
ejge-7083	49	4	find	find	VERB
ejge-7083	49	5	that	that	SCONJ
ejge-7083	49	6	bank	bank	NOUN
ejge-7083	49	7	profits	profit	NOUN
ejge-7083	49	8	are	be	AUX
ejge-7083	49	9	pro	pro	ADJ
ejge-7083	49	10	-	-	ADJ
ejge-7083	49	11	cyclical	cyclical	ADJ
ejge-7083	49	12	and	and	CCONJ
ejge-7083	49	13	depend	depend	VERB
ejge-7083	49	14	on	on	ADP
ejge-7083	49	15	funding	funding	NOUN
ejge-7083	49	16	costs	cost	NOUN
ejge-7083	49	17	,	,	PUNCT
ejge-7083	49	18	the	the	DET
ejge-7083	49	19	growth	growth	NOUN
ejge-7083	49	20	of	of	ADP
ejge-7083	49	21	total	total	ADJ
ejge-7083	49	22	loans	loan	NOUN
ejge-7083	49	23	,	,	PUNCT
ejge-7083	49	24	market	market	NOUN
ejge-7083	49	25	concentration	concentration	NOUN
ejge-7083	49	26	and	and	CCONJ
ejge-7083	49	27	central	central	ADJ
ejge-7083	49	28	bank	bank	NOUN
ejge-7083	49	29	official	official	ADJ
ejge-7083	49	30	interest	interest	NOUN
ejge-7083	49	31	rates	rate	NOUN
ejge-7083	49	32	.	.	PUNCT
ejge-7083	50	1	because	because	SCONJ
ejge-7083	50	2	of	of	ADP
ejge-7083	50	3	its	its	PRON
ejge-7083	50	4	important	important	ADJ
ejge-7083	50	5	policy	policy	NOUN
ejge-7083	50	6	implications	implication	NOUN
ejge-7083	50	7	,	,	PUNCT
ejge-7083	50	8	there	there	PRON
ejge-7083	50	9	has	have	AUX
ejge-7083	50	10	been	be	AUX
ejge-7083	50	11	a	a	DET
ejge-7083	50	12	particular	particular	ADJ
ejge-7083	50	13	interest	interest	NOUN
ejge-7083	50	14	in	in	ADP
ejge-7083	50	15	disentangling	disentangle	VERB
ejge-7083	50	16	the	the	DET
ejge-7083	50	17	relationship	relationship	NOUN
ejge-7083	50	18	between	between	ADP
ejge-7083	50	19	market	market	NOUN
ejge-7083	50	20	interest	interest	NOUN
ejge-7083	50	21	rates	rate	NOUN
ejge-7083	50	22	and	and	CCONJ
ejge-7083	50	23	profitability	profitability	NOUN
ejge-7083	50	24	.	.	PUNCT
ejge-7083	51	1	scholars	scholar	NOUN
ejge-7083	51	2	typically	typically	ADV
ejge-7083	51	3	argue	argue	VERB
ejge-7083	51	4	that	that	SCONJ
ejge-7083	51	5	bank	bank	PROPN
ejge-7083	51	6	net	net	ADJ
ejge-7083	51	7	interest	interest	NOUN
ejge-7083	51	8	margins	margin	NOUN
ejge-7083	51	9	and	and	CCONJ
ejge-7083	51	10	,	,	PUNCT
ejge-7083	51	11	therefore	therefore	ADV
ejge-7083	51	12	,	,	PUNCT
ejge-7083	51	13	profitability	profitability	NOUN
ejge-7083	51	14	is	be	AUX
ejge-7083	51	15	higher	high	ADJ
ejge-7083	51	16	when	when	SCONJ
ejge-7083	51	17	the	the	DET
ejge-7083	51	18	yield	yield	NOUN
ejge-7083	51	19	curve	curve	NOUN
ejge-7083	51	20	(	(	PUNCT
ejge-7083	51	21	the	the	DET
ejge-7083	51	22	difference	difference	NOUN
ejge-7083	51	23	between	between	ADP
ejge-7083	51	24	longand	longand	NOUN
ejge-7083	51	25	short	short	ADJ
ejge-7083	51	26	-	-	PUNCT
ejge-7083	51	27	term	term	NOUN
ejge-7083	51	28	interest	interest	NOUN
ejge-7083	51	29	rates	rate	NOUN
ejge-7083	51	30	)	)	PUNCT
ejge-7083	51	31	is	be	AUX
ejge-7083	51	32	steeper	steep	ADJ
ejge-7083	51	33	.	.	PUNCT
ejge-7083	52	1	this	this	PRON
ejge-7083	52	2	is	be	AUX
ejge-7083	52	3	because	because	SCONJ
ejge-7083	52	4	banks	bank	NOUN
ejge-7083	52	5	'	'	PART
ejge-7083	52	6	revenues	revenue	NOUN
ejge-7083	52	7	mainly	mainly	ADV
ejge-7083	52	8	depend	depend	VERB
ejge-7083	52	9	on	on	ADP
ejge-7083	52	10	the	the	DET
ejge-7083	52	11	margin	margin	NOUN
ejge-7083	52	12	between	between	ADP
ejge-7083	52	13	borrowing	borrow	VERB
ejge-7083	52	14	funding	funding	NOUN
ejge-7083	52	15	in	in	ADP
ejge-7083	52	16	the	the	DET
ejge-7083	52	17	short	short	ADJ
ejge-7083	52	18	-	-	PUNCT
ejge-7083	52	19	run	run	NOUN
ejge-7083	52	20	and	and	CCONJ
ejge-7083	52	21	lending	lending	NOUN
ejge-7083	52	22	in	in	ADP
ejge-7083	52	23	the	the	DET
ejge-7083	52	24	long	long	ADJ
ejge-7083	52	25	run	run	NOUN
ejge-7083	52	26	.	.	PUNCT
ejge-7083	53	1	importantly	importantly	ADV
ejge-7083	53	2	,	,	PUNCT
ejge-7083	53	3	this	this	PRON
ejge-7083	53	4	does	do	AUX
ejge-7083	53	5	not	not	PART
ejge-7083	53	6	only	only	ADV
ejge-7083	53	7	hold	hold	VERB
ejge-7083	53	8	in	in	ADP
ejge-7083	53	9	the	the	DET
ejge-7083	53	10	short	short	ADJ
ejge-7083	53	11	run	run	NOUN
ejge-7083	53	12	but	but	CCONJ
ejge-7083	53	13	also	also	ADV
ejge-7083	53	14	considering	consider	VERB
ejge-7083	53	15	long	long	ADJ
ejge-7083	53	16	time	time	NOUN
ejge-7083	53	17	spams	spam	NOUN
ejge-7083	53	18	(	(	PUNCT
ejge-7083	53	19	e.g.	e.g.	ADV
ejge-7083	53	20	busch	busch	PROPN
ejge-7083	53	21	&	&	CCONJ
ejge-7083	53	22	memmel	memmel	PROPN
ejge-7083	53	23	,	,	PUNCT
ejge-7083	53	24	2017	2017	NUM
ejge-7083	53	25	)	)	PUNCT
ejge-7083	53	26	.	.	PUNCT
ejge-7083	54	1	alessandri	alessandri	PROPN
ejge-7083	54	2	&	&	CCONJ
ejge-7083	54	3	nelson	nelson	PROPN
ejge-7083	54	4	(	(	PUNCT
ejge-7083	54	5	2015	2015	NUM
ejge-7083	54	6	)	)	PUNCT
ejge-7083	54	7	develop	develop	VERB
ejge-7083	54	8	a	a	DET
ejge-7083	54	9	model	model	NOUN
ejge-7083	54	10	of	of	ADP
ejge-7083	54	11	monopolistically	monopolistically	ADV
ejge-7083	54	12	competitive	competitive	ADJ
ejge-7083	54	13	banks	bank	NOUN
ejge-7083	54	14	subject	subject	ADJ
ejge-7083	54	15	to	to	ADP
ejge-7083	54	16	repricing	reprice	VERB
ejge-7083	54	17	frictions	friction	NOUN
ejge-7083	54	18	.	.	PUNCT
ejge-7083	55	1	based	base	VERB
ejge-7083	55	2	on	on	ADP
ejge-7083	55	3	panel	panel	NOUN
ejge-7083	55	4	data	datum	NOUN
ejge-7083	55	5	for	for	ADP
ejge-7083	55	6	uk	uk	PROPN
ejge-7083	55	7	banks	bank	NOUN
ejge-7083	55	8	,	,	PUNCT
ejge-7083	55	9	they	they	PRON
ejge-7083	55	10	show	show	VERB
ejge-7083	55	11	that	that	SCONJ
ejge-7083	55	12	both	both	CCONJ
ejge-7083	55	13	the	the	DET
ejge-7083	55	14	level	level	NOUN
ejge-7083	55	15	and	and	CCONJ
ejge-7083	55	16	the	the	DET
ejge-7083	55	17	slope	slope	NOUN
ejge-7083	55	18	of	of	ADP
ejge-7083	55	19	the	the	DET
ejge-7083	55	20	yield	yield	NOUN
ejge-7083	55	21	curve	curve	NOUN
ejge-7083	55	22	positively	positively	ADV
ejge-7083	55	23	contribute	contribute	VERB
ejge-7083	55	24	to	to	ADP
ejge-7083	55	25	profitability	profitability	NOUN
ejge-7083	55	26	.	.	PUNCT
ejge-7083	56	1	similarly	similarly	ADV
ejge-7083	56	2	,	,	PUNCT
ejge-7083	56	3	borio	borio	PROPN
ejge-7083	56	4	et	et	PROPN
ejge-7083	56	5	al	al	PROPN
ejge-7083	56	6	.	.	PROPN
ejge-7083	57	1	(	(	PUNCT
ejge-7083	57	2	2017	2017	NUM
ejge-7083	57	3	)	)	PUNCT
ejge-7083	57	4	document	document	NOUN
ejge-7083	57	5	a	a	DET
ejge-7083	57	6	positive	positive	ADJ
ejge-7083	57	7	relationship	relationship	NOUN
ejge-7083	57	8	between	between	ADP
ejge-7083	57	9	bank	bank	NOUN
ejge-7083	57	10	returns	return	NOUN
ejge-7083	57	11	and	and	CCONJ
ejge-7083	57	12	the	the	DET
ejge-7083	57	13	yield	yield	NOUN
ejge-7083	57	14	curve	curve	NOUN
ejge-7083	57	15	,	,	PUNCT
ejge-7083	57	16	which	which	PRON
ejge-7083	57	17	is	be	AUX
ejge-7083	57	18	more	more	ADV
ejge-7083	57	19	significant	significant	ADJ
ejge-7083	57	20	when	when	SCONJ
ejge-7083	57	21	rates	rate	NOUN
ejge-7083	57	22	are	be	AUX
ejge-7083	57	23	low	low	ADJ
ejge-7083	57	24	.	.	PUNCT
ejge-7083	58	1	egly	egly	ADV
ejge-7083	58	2	et	et	PROPN
ejge-7083	58	3	al	al	PROPN
ejge-7083	58	4	.	.	PROPN
ejge-7083	59	1	(	(	PUNCT
ejge-7083	59	2	2018	2018	NUM
ejge-7083	59	3	)	)	PUNCT
ejge-7083	59	4	find	find	VERB
ejge-7083	59	5	that	that	SCONJ
ejge-7083	59	6	the	the	DET
ejge-7083	59	7	yield	yield	NOUN
ejge-7083	59	8	curve	curve	NOUN
ejge-7083	59	9	together	together	ADV
ejge-7083	59	10	with	with	ADP
ejge-7083	59	11	real	real	ADJ
ejge-7083	59	12	gdp	gdp	NOUN
ejge-7083	59	13	growth	growth	NOUN
ejge-7083	59	14	exert	exert	VERB
ejge-7083	59	15	positive	positive	ADJ
ejge-7083	59	16	and	and	CCONJ
ejge-7083	59	17	significant	significant	ADJ
ejge-7083	59	18	effects	effect	NOUN
ejge-7083	59	19	on	on	ADP
ejge-7083	59	20	the	the	DET
ejge-7083	59	21	net	net	ADJ
ejge-7083	59	22	interest	interest	NOUN
ejge-7083	59	23	margin	margin	NOUN
ejge-7083	59	24	of	of	ADP
ejge-7083	59	25	u.s	u.s	PROPN
ejge-7083	59	26	.	.	PROPN
ejge-7083	59	27	commercial	commercial	ADJ
ejge-7083	59	28	banks	bank	NOUN
ejge-7083	59	29	.	.	PUNCT
ejge-7083	60	1	using	use	VERB
ejge-7083	60	2	a	a	DET
ejge-7083	60	3	panel	panel	NOUN
ejge-7083	60	4	dataset	dataset	VERB
ejge-7083	60	5	of	of	ADP
ejge-7083	60	6	banks	bank	NOUN
ejge-7083	60	7	from	from	ADP
ejge-7083	60	8	oecd	oecd	PROPN
ejge-7083	60	9	countries	country	NOUN
ejge-7083	60	10	during	during	ADP
ejge-7083	60	11	the	the	DET
ejge-7083	60	12	period	period	NOUN
ejge-7083	60	13	2010	2010	NUM
ejge-7083	60	14	-	-	SYM
ejge-7083	60	15	2015	2015	NUM
ejge-7083	60	16	,	,	PUNCT
ejge-7083	60	17	cruz	cruz	PROPN
ejge-7083	60	18	-	-	PUNCT
ejge-7083	60	19	garcia	garcia	PROPN
ejge-7083	60	20	et	et	PROPN
ejge-7083	60	21	al	al	PROPN
ejge-7083	60	22	.	.	PROPN
ejge-7083	61	1	(	(	PUNCT
ejge-7083	61	2	2018	2018	NUM
ejge-7083	61	3	)	)	PUNCT
ejge-7083	61	4	show	show	VERB
ejge-7083	61	5	that	that	SCONJ
ejge-7083	61	6	both	both	CCONJ
ejge-7083	61	7	the	the	DET
ejge-7083	61	8	3	3	NUM
ejge-7083	61	9	-	-	PUNCT
ejge-7083	61	10	month	month	NOUN
ejge-7083	61	11	euribor	euribor	NOUN
ejge-7083	61	12	rate	rate	NOUN
ejge-7083	61	13	level	level	NOUN
ejge-7083	61	14	and	and	CCONJ
ejge-7083	61	15	the	the	DET
ejge-7083	61	16	slope	slope	NOUN
ejge-7083	61	17	of	of	ADP
ejge-7083	61	18	the	the	DET
ejge-7083	61	19	yield	yield	NOUN
ejge-7083	61	20	curve	curve	NOUN
ejge-7083	61	21	exert	exert	VERB
ejge-7083	61	22	a	a	DET
ejge-7083	61	23	positive	positive	ADJ
ejge-7083	61	24	(	(	PUNCT
ejge-7083	61	25	although	although	SCONJ
ejge-7083	61	26	at	at	ADP
ejge-7083	61	27	a	a	DET
ejge-7083	61	28	decreasing	decrease	VERB
ejge-7083	61	29	rate	rate	NOUN
ejge-7083	61	30	)	)	PUNCT
ejge-7083	61	31	effect	effect	NOUN
ejge-7083	61	32	on	on	ADP
ejge-7083	61	33	the	the	DET
ejge-7083	61	34	intermediation	intermediation	NOUN
ejge-7083	61	35	margin	margin	NOUN
ejge-7083	61	36	.	.	PUNCT
ejge-7083	62	1	this	this	PRON
ejge-7083	62	2	suggests	suggest	VERB
ejge-7083	62	3	that	that	SCONJ
ejge-7083	62	4	the	the	DET
ejge-7083	62	5	effect	effect	NOUN
ejge-7083	62	6	of	of	ADP
ejge-7083	62	7	the	the	DET
ejge-7083	62	8	interest	interest	NOUN
ejge-7083	62	9	rates	rate	NOUN
ejge-7083	62	10	is	be	AUX
ejge-7083	62	11	greater	great	ADJ
ejge-7083	62	12	when	when	SCONJ
ejge-7083	62	13	they	they	PRON
ejge-7083	62	14	are	be	AUX
ejge-7083	62	15	low	low	ADJ
ejge-7083	62	16	.	.	PUNCT
ejge-7083	63	1	cruz	cruz	NOUN
ejge-7083	63	2	-	-	PUNCT
ejge-7083	63	3	garcía	garcía	PROPN
ejge-7083	63	4	et	et	PROPN
ejge-7083	63	5	al	al	PROPN
ejge-7083	63	6	.	.	PROPN
ejge-7083	64	1	(	(	PUNCT
ejge-7083	64	2	2019	2019	NUM
ejge-7083	64	3	)	)	PUNCT
ejge-7083	64	4	report	report	NOUN
ejge-7083	64	5	that	that	SCONJ
ejge-7083	64	6	if	if	SCONJ
ejge-7083	64	7	the	the	DET
ejge-7083	64	8	spread	spread	NOUN
ejge-7083	64	9	between	between	ADP
ejge-7083	64	10	the	the	DET
ejge-7083	64	11	long	long	ADJ
ejge-7083	64	12	-	-	PUNCT
ejge-7083	64	13	term	term	NOUN
ejge-7083	64	14	and	and	CCONJ
ejge-7083	64	15	the	the	DET
ejge-7083	64	16	short	short	ADJ
ejge-7083	64	17	-	-	PUNCT
ejge-7083	64	18	term	term	NOUN
ejge-7083	64	19	interest	interest	NOUN
ejge-7083	64	20	rates	rate	NOUN
ejge-7083	64	21	were	be	AUX
ejge-7083	64	22	increased	increase	VERB
ejge-7083	64	23	by	by	ADP
ejge-7083	64	24	50	50	NUM
ejge-7083	64	25	basis	basis	NOUN
ejge-7083	64	26	points	point	NOUN
ejge-7083	64	27	,	,	PUNCT
ejge-7083	64	28	the	the	DET
ejge-7083	64	29	return	return	NOUN
ejge-7083	64	30	of	of	ADP
ejge-7083	64	31	assets	asset	NOUN
ejge-7083	64	32	would	would	AUX
ejge-7083	64	33	rise	rise	VERB
ejge-7083	64	34	by	by	ADP
ejge-7083	64	35	25bp	25bp	NOUN
ejge-7083	64	36	.	.	PUNCT
ejge-7083	65	1	notwithstanding	notwithstanding	ADP
ejge-7083	65	2	this	this	PRON
ejge-7083	65	3	,	,	PUNCT
ejge-7083	65	4	changes	change	NOUN
ejge-7083	65	5	in	in	ADP
ejge-7083	65	6	the	the	DET
ejge-7083	65	7	slope	slope	NOUN
ejge-7083	65	8	of	of	ADP
ejge-7083	65	9	the	the	DET
ejge-7083	65	10	yield	yield	NOUN
ejge-7083	65	11	curve	curve	NOUN
ejge-7083	65	12	do	do	AUX
ejge-7083	65	13	not	not	PART
ejge-7083	65	14	only	only	ADV
ejge-7083	65	15	affect	affect	VERB
ejge-7083	65	16	profitability	profitability	NOUN
ejge-7083	65	17	through	through	ADP
ejge-7083	65	18	the	the	DET
ejge-7083	65	19	intermediation	intermediation	NOUN
ejge-7083	65	20	margin	margin	NOUN
ejge-7083	65	21	but	but	CCONJ
ejge-7083	65	22	can	can	AUX
ejge-7083	65	23	also	also	ADV
ejge-7083	65	24	have	have	VERB
ejge-7083	65	25	indirect	indirect	ADJ
ejge-7083	65	26	effects	effect	NOUN
ejge-7083	65	27	through	through	ADP
ejge-7083	65	28	other	other	ADJ
ejge-7083	65	29	non	non	ADJ
ejge-7083	65	30	-	-	ADJ
ejge-7083	65	31	financial	financial	ADJ
ejge-7083	65	32	revenues	revenue	NOUN
ejge-7083	65	33	(	(	PUNCT
ejge-7083	65	34	cruz	cruz	PROPN
ejge-7083	65	35	-	-	PUNCT
ejge-7083	65	36	garcia	garcia	PROPN
ejge-7083	65	37	et	et	PROPN
ejge-7083	65	38	al	al	PROPN
ejge-7083	65	39	.	.	PROPN
ejge-7083	65	40	,	,	PUNCT
ejge-7083	65	41	2018	2018	NUM
ejge-7083	65	42	)	)	PUNCT
ejge-7083	65	43	.	.	PUNCT
ejge-7083	66	1	accordingly	accordingly	ADV
ejge-7083	66	2	,	,	PUNCT
ejge-7083	66	3	variations	variation	NOUN
ejge-7083	66	4	in	in	ADP
ejge-7083	66	5	the	the	DET
ejge-7083	66	6	spread	spread	NOUN
ejge-7083	66	7	might	might	AUX
ejge-7083	66	8	have	have	VERB
ejge-7083	66	9	ambiguous	ambiguous	ADJ
ejge-7083	66	10	effects	effect	NOUN
ejge-7083	66	11	on	on	ADP
ejge-7083	66	12	profitability	profitability	NOUN
ejge-7083	66	13	.	.	PUNCT
ejge-7083	67	1	in	in	ADP
ejge-7083	67	2	this	this	DET
ejge-7083	67	3	sense	sense	NOUN
ejge-7083	67	4	,	,	PUNCT
ejge-7083	67	5	the	the	DET
ejge-7083	67	6	empirical	empirical	ADJ
ejge-7083	67	7	evidence	evidence	NOUN
ejge-7083	67	8	is	be	AUX
ejge-7083	67	9	far	far	ADV
ejge-7083	67	10	from	from	ADP
ejge-7083	67	11	robust	robust	ADJ
ejge-7083	67	12	.	.	PUNCT
ejge-7083	68	1	the	the	DET
ejge-7083	68	2	effect	effect	NOUN
ejge-7083	68	3	of	of	ADP
ejge-7083	68	4	the	the	DET
ejge-7083	68	5	slope	slope	NOUN
ejge-7083	68	6	of	of	ADP
ejge-7083	68	7	the	the	DET
ejge-7083	68	8	yield	yield	NOUN
ejge-7083	68	9	curve	curve	NOUN
ejge-7083	68	10	on	on	ADP
ejge-7083	68	11	profitability	profitability	NOUN
ejge-7083	68	12	seems	seem	VERB
ejge-7083	68	13	to	to	PART
ejge-7083	68	14	also	also	ADV
ejge-7083	68	15	depend	depend	VERB
ejge-7083	68	16	on	on	ADP
ejge-7083	68	17	the	the	DET
ejge-7083	68	18	countries	country	NOUN
ejge-7083	68	19	analysed	analyse	VERB
ejge-7083	68	20	and	and	CCONJ
ejge-7083	68	21	the	the	DET
ejge-7083	68	22	time	time	NOUN
ejge-7083	68	23	periods	period	NOUN
ejge-7083	68	24	covered	cover	VERB
ejge-7083	68	25	.	.	PUNCT
ejge-7083	69	1	based	base	VERB
ejge-7083	69	2	on	on	ADP
ejge-7083	69	3	separate	separate	ADJ
ejge-7083	69	4	regressions	regression	NOUN
ejge-7083	69	5	using	use	VERB
ejge-7083	69	6	annual	annual	ADJ
ejge-7083	69	7	aggregate	aggregate	ADJ
ejge-7083	69	8	data	datum	NOUN
ejge-7083	69	9	for	for	ADP
ejge-7083	69	10	ten	ten	NUM
ejge-7083	69	11	countries	country	NOUN
ejge-7083	69	12	during	during	ADP
ejge-7083	69	13	the	the	DET
ejge-7083	69	14	period	period	NOUN
ejge-7083	69	15	1979	1979	NUM
ejge-7083	69	16	-	-	SYM
ejge-7083	69	17	2001	2001	NUM
ejge-7083	69	18	,	,	PUNCT
ejge-7083	69	19	english	english	PROPN
ejge-7083	69	20	(	(	PUNCT
ejge-7083	69	21	2002	2002	NUM
ejge-7083	69	22	)	)	PUNCT
ejge-7083	69	23	show	show	VERB
ejge-7083	69	24	important	important	ADJ
ejge-7083	69	25	heterogeneity	heterogeneity	NOUN
ejge-7083	69	26	in	in	ADP
ejge-7083	69	27	the	the	DET
ejge-7083	69	28	relationship	relationship	NOUN
ejge-7083	69	29	between	between	ADP
ejge-7083	69	30	the	the	DET
ejge-7083	69	31	yield	yield	NOUN
ejge-7083	69	32	curve	curve	NOUN
ejge-7083	69	33	slope	slope	NOUN
ejge-7083	69	34	and	and	CCONJ
ejge-7083	69	35	net	net	ADJ
ejge-7083	69	36	interest	interest	NOUN
ejge-7083	69	37	margins	margin	NOUN
ejge-7083	69	38	.	.	PUNCT
ejge-7083	70	1	whereas	whereas	SCONJ
ejge-7083	70	2	the	the	DET
ejge-7083	70	3	effect	effect	NOUN
ejge-7083	70	4	is	be	AUX
ejge-7083	70	5	negative	negative	ADJ
ejge-7083	70	6	for	for	ADP
ejge-7083	70	7	germany	germany	PROPN
ejge-7083	70	8	,	,	PUNCT
ejge-7083	70	9	norway	norway	PROPN
ejge-7083	70	10	,	,	PUNCT
ejge-7083	70	11	sweden	sweden	PROPN
ejge-7083	70	12	and	and	CCONJ
ejge-7083	70	13	switzerland	switzerland	PROPN
ejge-7083	70	14	,	,	PUNCT
ejge-7083	70	15	it	it	PRON
ejge-7083	70	16	is	be	AUX
ejge-7083	70	17	positive	positive	ADJ
ejge-7083	70	18	for	for	ADP
ejge-7083	70	19	the	the	DET
ejge-7083	70	20	united	united	PROPN
ejge-7083	70	21	states	states	PROPN
ejge-7083	70	22	and	and	CCONJ
ejge-7083	70	23	non	non	ADJ
ejge-7083	70	24	-	-	ADJ
ejge-7083	70	25	significant	significant	ADJ
ejge-7083	70	26	for	for	ADP
ejge-7083	70	27	the	the	DET
ejge-7083	70	28	rest	rest	NOUN
ejge-7083	70	29	.	.	PUNCT
ejge-7083	71	1	accordingly	accordingly	ADV
ejge-7083	71	2	,	,	PUNCT
ejge-7083	71	3	the	the	DET
ejge-7083	71	4	relationship	relationship	NOUN
ejge-7083	71	5	between	between	ADP
ejge-7083	71	6	the	the	DET
ejge-7083	71	7	interest	interest	NOUN
ejge-7083	71	8	rates	rate	NOUN
ejge-7083	71	9	spread	spread	VERB
ejge-7083	71	10	and	and	CCONJ
ejge-7083	71	11	bank	bank	NOUN
ejge-7083	71	12	profitability	profitability	NOUN
ejge-7083	71	13	is	be	AUX
ejge-7083	71	14	market	market	NOUN
ejge-7083	71	15	-	-	PUNCT
ejge-7083	71	16	specific	specific	ADJ
ejge-7083	71	17	.	.	PUNCT
ejge-7083	72	1	this	this	PRON
ejge-7083	72	2	calls	call	VERB
ejge-7083	72	3	for	for	ADP
ejge-7083	72	4	more	more	ADJ
ejge-7083	72	5	country	country	NOUN
ejge-7083	72	6	-	-	PUNCT
ejge-7083	72	7	specific	specific	ADJ
ejge-7083	72	8	studies	study	NOUN
ejge-7083	72	9	.	.	PUNCT
ejge-7083	73	1	david	david	PROPN
ejge-7083	73	2	boto	boto	PROPN
ejge-7083	73	3	-	-	PUNCT
ejge-7083	73	4	garcía	garcía	VERB
ejge-7083	73	5	et	et	PROPN
ejge-7083	73	6	al	al	PROPN
ejge-7083	73	7	.	.	PUNCT
ejge-7083	73	8	/	/	SYM
ejge-7083	73	9	european	european	PROPN
ejge-7083	73	10	journal	journal	PROPN
ejge-7083	73	11	of	of	ADP
ejge-7083	73	12	government	government	NOUN
ejge-7083	73	13	and	and	CCONJ
ejge-7083	73	14	economics	economic	NOUN
ejge-7083	73	15	10(1	10(1	NUM
ejge-7083	73	16	)	)	PUNCT
ejge-7083	73	17	,	,	PUNCT
ejge-7083	73	18	june	june	PROPN
ejge-7083	73	19	2021	2021	NUM
ejge-7083	73	20	,	,	PUNCT
ejge-7083	73	21	5	5	NUM
ejge-7083	73	22	-	-	SYM
ejge-7083	73	23	29	29	NUM
ejge-7083	73	24	8	8	NUM
ejge-7083	73	25	following	follow	VERB
ejge-7083	73	26	the	the	DET
ejge-7083	73	27	2008	2008	NUM
ejge-7083	73	28	economic	economic	ADJ
ejge-7083	73	29	crisis	crisis	NOUN
ejge-7083	73	30	,	,	PUNCT
ejge-7083	73	31	many	many	ADJ
ejge-7083	73	32	central	central	ADJ
ejge-7083	73	33	banks	bank	NOUN
ejge-7083	73	34	have	have	AUX
ejge-7083	73	35	introduced	introduce	VERB
ejge-7083	73	36	a	a	DET
ejge-7083	73	37	negative	negative	ADJ
ejge-7083	73	38	interest	interest	NOUN
ejge-7083	73	39	rate	rate	NOUN
ejge-7083	73	40	policy	policy	NOUN
ejge-7083	73	41	(	(	PUNCT
ejge-7083	73	42	nirp	nirp	NOUN
ejge-7083	73	43	)	)	PUNCT
ejge-7083	73	44	with	with	ADP
ejge-7083	73	45	the	the	DET
ejge-7083	73	46	purpose	purpose	NOUN
ejge-7083	73	47	of	of	ADP
ejge-7083	73	48	boosting	boost	VERB
ejge-7083	73	49	real	real	ADJ
ejge-7083	73	50	spending	spending	NOUN
ejge-7083	73	51	through	through	ADP
ejge-7083	73	52	increased	increase	VERB
ejge-7083	73	53	bank	bank	NOUN
ejge-7083	73	54	loans	loan	NOUN
ejge-7083	73	55	'	'	PART
ejge-7083	73	56	supply	supply	NOUN
ejge-7083	73	57	and	and	CCONJ
ejge-7083	73	58	demand	demand	NOUN
ejge-7083	73	59	.	.	PUNCT
ejge-7083	74	1	in	in	ADP
ejge-7083	74	2	addition	addition	NOUN
ejge-7083	74	3	to	to	ADP
ejge-7083	74	4	this	this	PRON
ejge-7083	74	5	,	,	PUNCT
ejge-7083	74	6	some	some	DET
ejge-7083	74	7	central	central	ADJ
ejge-7083	74	8	banks	bank	NOUN
ejge-7083	74	9	like	like	ADP
ejge-7083	74	10	the	the	DET
ejge-7083	74	11	ecb	ecb	NOUN
ejge-7083	74	12	increased	increase	VERB
ejge-7083	74	13	their	their	PRON
ejge-7083	74	14	liquidity	liquidity	NOUN
ejge-7083	74	15	as	as	ADP
ejge-7083	74	16	a	a	DET
ejge-7083	74	17	response	response	NOUN
ejge-7083	74	18	to	to	ADP
ejge-7083	74	19	the	the	DET
ejge-7083	74	20	financial	financial	ADJ
ejge-7083	74	21	turmoil	turmoil	NOUN
ejge-7083	74	22	of	of	ADP
ejge-7083	74	23	the	the	DET
ejge-7083	74	24	great	great	ADJ
ejge-7083	74	25	recession	recession	NOUN
ejge-7083	74	26	.	.	PUNCT
ejge-7083	75	1	an	an	DET
ejge-7083	75	2	emerging	emerge	VERB
ejge-7083	75	3	body	body	NOUN
ejge-7083	75	4	of	of	ADP
ejge-7083	75	5	literature	literature	NOUN
ejge-7083	75	6	has	have	AUX
ejge-7083	75	7	started	start	VERB
ejge-7083	75	8	to	to	PART
ejge-7083	75	9	study	study	VERB
ejge-7083	75	10	the	the	DET
ejge-7083	75	11	economic	economic	ADJ
ejge-7083	75	12	impacts	impact	NOUN
ejge-7083	75	13	of	of	ADP
ejge-7083	75	14	these	these	DET
ejge-7083	75	15	unconventional	unconventional	ADJ
ejge-7083	75	16	monetary	monetary	ADJ
ejge-7083	75	17	policies	policy	NOUN
ejge-7083	75	18	(	(	PUNCT
ejge-7083	75	19	umps	ump	NOUN
ejge-7083	75	20	)	)	PUNCT
ejge-7083	75	21	on	on	ADP
ejge-7083	75	22	the	the	DET
ejge-7083	75	23	profitability	profitability	NOUN
ejge-7083	75	24	of	of	ADP
ejge-7083	75	25	the	the	DET
ejge-7083	75	26	banking	banking	NOUN
ejge-7083	75	27	sector	sector	NOUN
ejge-7083	75	28	.	.	PUNCT
ejge-7083	76	1	these	these	DET
ejge-7083	76	2	policies	policy	NOUN
ejge-7083	76	3	affect	affect	VERB
ejge-7083	76	4	the	the	DET
ejge-7083	76	5	banking	banking	NOUN
ejge-7083	76	6	sector	sector	NOUN
ejge-7083	76	7	through	through	ADP
ejge-7083	76	8	different	different	ADJ
ejge-7083	76	9	channels	channel	NOUN
ejge-7083	76	10	.	.	PUNCT
ejge-7083	77	1	a	a	DET
ejge-7083	77	2	summary	summary	NOUN
ejge-7083	77	3	of	of	ADP
ejge-7083	77	4	their	their	PRON
ejge-7083	77	5	effects	effect	NOUN
ejge-7083	77	6	on	on	ADP
ejge-7083	77	7	the	the	DET
ejge-7083	77	8	euro	euro	PROPN
ejge-7083	77	9	area	area	NOUN
ejge-7083	77	10	,	,	PUNCT
ejge-7083	77	11	japan	japan	PROPN
ejge-7083	77	12	and	and	CCONJ
ejge-7083	77	13	the	the	DET
ejge-7083	77	14	united	united	PROPN
ejge-7083	77	15	kingdom	kingdom	PROPN
ejge-7083	77	16	can	can	AUX
ejge-7083	77	17	be	be	AUX
ejge-7083	77	18	found	find	VERB
ejge-7083	77	19	in	in	ADP
ejge-7083	77	20	dell'ariccia	dell'ariccia	PROPN
ejge-7083	77	21	et	et	PROPN
ejge-7083	77	22	al	al	PROPN
ejge-7083	77	23	.	.	PUNCT
ejge-7083	78	1	(	(	PUNCT
ejge-7083	78	2	2018	2018	NUM
ejge-7083	78	3	)	)	PUNCT
ejge-7083	78	4	.	.	PUNCT
ejge-7083	79	1	on	on	ADP
ejge-7083	79	2	the	the	DET
ejge-7083	79	3	one	one	NUM
ejge-7083	79	4	hand	hand	NOUN
ejge-7083	79	5	,	,	PUNCT
ejge-7083	79	6	quantitative	quantitative	ADJ
ejge-7083	79	7	easing	easing	NOUN
ejge-7083	79	8	tends	tend	VERB
ejge-7083	79	9	to	to	PART
ejge-7083	79	10	depress	depress	VERB
ejge-7083	79	11	long	long	ADJ
ejge-7083	79	12	-	-	PUNCT
ejge-7083	79	13	term	term	NOUN
ejge-7083	79	14	interest	interest	NOUN
ejge-7083	79	15	rates	rate	NOUN
ejge-7083	79	16	,	,	PUNCT
ejge-7083	79	17	which	which	PRON
ejge-7083	79	18	flattens	flatten	VERB
ejge-7083	79	19	the	the	DET
ejge-7083	79	20	yield	yield	NOUN
ejge-7083	79	21	curve	curve	NOUN
ejge-7083	79	22	and	and	CCONJ
ejge-7083	79	23	reduces	reduce	VERB
ejge-7083	79	24	the	the	DET
ejge-7083	79	25	intermediation	intermediation	NOUN
ejge-7083	79	26	margin	margin	NOUN
ejge-7083	79	27	.	.	PUNCT
ejge-7083	80	1	since	since	SCONJ
ejge-7083	80	2	deposit	deposit	NOUN
ejge-7083	80	3	rates	rate	NOUN
ejge-7083	80	4	are	be	AUX
ejge-7083	80	5	close	close	ADJ
ejge-7083	80	6	to	to	ADP
ejge-7083	80	7	the	the	DET
ejge-7083	80	8	zerolower	zerolower	NOUN
ejge-7083	80	9	bound	bind	VERB
ejge-7083	80	10	and	and	CCONJ
ejge-7083	80	11	banks	bank	NOUN
ejge-7083	80	12	are	be	AUX
ejge-7083	80	13	reluctant	reluctant	ADJ
ejge-7083	80	14	to	to	PART
ejge-7083	80	15	pass	pass	VERB
ejge-7083	80	16	negative	negative	ADJ
ejge-7083	80	17	rates	rate	NOUN
ejge-7083	80	18	to	to	ADP
ejge-7083	80	19	their	their	PRON
ejge-7083	80	20	customers	customer	NOUN
ejge-7083	80	21	,	,	PUNCT
ejge-7083	80	22	this	this	PRON
ejge-7083	80	23	reduces	reduce	VERB
ejge-7083	80	24	profitability	profitability	NOUN
ejge-7083	80	25	.	.	PUNCT
ejge-7083	81	1	as	as	ADP
ejge-7083	81	2	a	a	DET
ejge-7083	81	3	response	response	NOUN
ejge-7083	81	4	to	to	ADP
ejge-7083	81	5	this	this	PRON
ejge-7083	81	6	,	,	PUNCT
ejge-7083	81	7	banks	bank	NOUN
ejge-7083	81	8	with	with	ADP
ejge-7083	81	9	a	a	DET
ejge-7083	81	10	heavy	heavy	ADJ
ejge-7083	81	11	reliance	reliance	NOUN
ejge-7083	81	12	on	on	ADP
ejge-7083	81	13	deposit	deposit	NOUN
ejge-7083	81	14	funding	funding	NOUN
ejge-7083	81	15	take	take	VERB
ejge-7083	81	16	more	more	ADJ
ejge-7083	81	17	risks	risk	NOUN
ejge-7083	81	18	and	and	CCONJ
ejge-7083	81	19	lower	lower	VERB
ejge-7083	81	20	their	their	PRON
ejge-7083	81	21	lending	lending	NOUN
ejge-7083	81	22	standards	standard	NOUN
ejge-7083	81	23	,	,	PUNCT
ejge-7083	81	24	which	which	PRON
ejge-7083	81	25	in	in	ADP
ejge-7083	81	26	turn	turn	NOUN
ejge-7083	81	27	threatens	threaten	VERB
ejge-7083	81	28	their	their	PRON
ejge-7083	81	29	financial	financial	ADJ
ejge-7083	81	30	stability	stability	NOUN
ejge-7083	81	31	(	(	PUNCT
ejge-7083	81	32	bikker	bikker	PROPN
ejge-7083	81	33	&	&	CCONJ
ejge-7083	81	34	vervliet	vervliet	PROPN
ejge-7083	81	35	,	,	PUNCT
ejge-7083	81	36	2018	2018	NUM
ejge-7083	81	37	;	;	PUNCT
ejge-7083	81	38	heider	heider	NOUN
ejge-7083	81	39	et	et	PROPN
ejge-7083	81	40	al	al	PROPN
ejge-7083	81	41	.	.	PROPN
ejge-7083	81	42	,	,	PUNCT
ejge-7083	81	43	2019	2019	NUM
ejge-7083	81	44	)	)	PUNCT
ejge-7083	81	45	.	.	PUNCT
ejge-7083	82	1	lambert	lambert	PROPN
ejge-7083	82	2	&	&	CCONJ
ejge-7083	82	3	ueda	ueda	PROPN
ejge-7083	82	4	(	(	PUNCT
ejge-7083	82	5	2014	2014	NUM
ejge-7083	82	6	)	)	PUNCT
ejge-7083	82	7	find	find	VERB
ejge-7083	82	8	that	that	SCONJ
ejge-7083	82	9	umps	ump	NOUN
ejge-7083	82	10	increase	increase	VERB
ejge-7083	82	11	bank	bank	NOUN
ejge-7083	82	12	medium	medium	ADJ
ejge-7083	82	13	-	-	PUNCT
ejge-7083	82	14	term	term	NOUN
ejge-7083	82	15	credit	credit	NOUN
ejge-7083	82	16	risk	risk	NOUN
ejge-7083	82	17	in	in	ADP
ejge-7083	82	18	the	the	DET
ejge-7083	82	19	usa	usa	PROPN
ejge-7083	82	20	,	,	PUNCT
ejge-7083	82	21	the	the	DET
ejge-7083	82	22	euro	euro	PROPN
ejge-7083	82	23	area	area	NOUN
ejge-7083	82	24	and	and	CCONJ
ejge-7083	82	25	the	the	DET
ejge-7083	82	26	united	united	ADJ
ejge-7083	82	27	kingdom	kingdom	PROPN
ejge-7083	82	28	and	and	CCONJ
ejge-7083	82	29	have	have	VERB
ejge-7083	82	30	ambiguous	ambiguous	ADJ
ejge-7083	82	31	effects	effect	NOUN
ejge-7083	82	32	on	on	ADP
ejge-7083	82	33	bank	bank	NOUN
ejge-7083	82	34	profitability	profitability	NOUN
ejge-7083	82	35	.	.	PUNCT
ejge-7083	83	1	on	on	ADP
ejge-7083	83	2	the	the	DET
ejge-7083	83	3	other	other	ADJ
ejge-7083	83	4	hand	hand	NOUN
ejge-7083	83	5	,	,	PUNCT
ejge-7083	83	6	umps	ump	NOUN
ejge-7083	83	7	are	be	AUX
ejge-7083	83	8	expected	expect	VERB
ejge-7083	83	9	to	to	PART
ejge-7083	83	10	increase	increase	VERB
ejge-7083	83	11	the	the	DET
ejge-7083	83	12	demand	demand	NOUN
ejge-7083	83	13	for	for	ADP
ejge-7083	83	14	credit	credit	NOUN
ejge-7083	83	15	and	and	CCONJ
ejge-7083	83	16	to	to	PART
ejge-7083	83	17	reduce	reduce	VERB
ejge-7083	83	18	the	the	DET
ejge-7083	83	19	stock	stock	NOUN
ejge-7083	83	20	of	of	ADP
ejge-7083	83	21	non	non	ADJ
ejge-7083	83	22	-	-	ADJ
ejge-7083	83	23	performing	performing	ADJ
ejge-7083	83	24	loans	loan	NOUN
ejge-7083	83	25	in	in	ADP
ejge-7083	83	26	a	a	DET
ejge-7083	83	27	low	low	ADJ
ejge-7083	83	28	-	-	PUNCT
ejge-7083	83	29	interest	interest	NOUN
ejge-7083	83	30	rates	rate	NOUN
ejge-7083	83	31	environment	environment	NOUN
ejge-7083	83	32	,	,	PUNCT
ejge-7083	83	33	which	which	PRON
ejge-7083	83	34	might	might	AUX
ejge-7083	83	35	increase	increase	VERB
ejge-7083	83	36	profitability	profitability	NOUN
ejge-7083	83	37	through	through	ADP
ejge-7083	83	38	a	a	DET
ejge-7083	83	39	quantity	quantity	NOUN
ejge-7083	83	40	effect	effect	NOUN
ejge-7083	83	41	.	.	PUNCT
ejge-7083	84	1	nevertheless	nevertheless	ADV
ejge-7083	84	2	,	,	PUNCT
ejge-7083	84	3	borio	borio	PROPN
ejge-7083	84	4	&	&	CCONJ
ejge-7083	84	5	gambacorta	gambacorta	PROPN
ejge-7083	84	6	(	(	PUNCT
ejge-7083	84	7	2017	2017	NUM
ejge-7083	84	8	)	)	PUNCT
ejge-7083	84	9	report	report	NOUN
ejge-7083	84	10	that	that	SCONJ
ejge-7083	84	11	the	the	DET
ejge-7083	84	12	low	low	ADJ
ejge-7083	84	13	-	-	PUNCT
ejge-7083	84	14	interest	interest	NOUN
ejge-7083	84	15	rates	rate	NOUN
ejge-7083	84	16	environment	environment	NOUN
ejge-7083	84	17	is	be	AUX
ejge-7083	84	18	not	not	PART
ejge-7083	84	19	effective	effective	ADJ
ejge-7083	84	20	in	in	ADP
ejge-7083	84	21	stimulating	stimulate	VERB
ejge-7083	84	22	lending	lending	NOUN
ejge-7083	84	23	growth	growth	NOUN
ejge-7083	84	24	.	.	PUNCT
ejge-7083	85	1	using	use	VERB
ejge-7083	85	2	data	datum	NOUN
ejge-7083	85	3	for	for	ADP
ejge-7083	85	4	33	33	NUM
ejge-7083	85	5	oecd	oecd	PROPN
ejge-7083	85	6	countries	country	NOUN
ejge-7083	85	7	,	,	PUNCT
ejge-7083	85	8	molyneux	molyneux	PROPN
ejge-7083	85	9	et	et	PROPN
ejge-7083	85	10	al	al	PROPN
ejge-7083	85	11	.	.	PROPN
ejge-7083	86	1	(	(	PUNCT
ejge-7083	86	2	2020a	2020a	NOUN
ejge-7083	86	3	)	)	PUNCT
ejge-7083	86	4	show	show	VERB
ejge-7083	86	5	that	that	SCONJ
ejge-7083	86	6	bank	bank	NOUN
ejge-7083	86	7	lending	lending	NOUN
ejge-7083	86	8	is	be	AUX
ejge-7083	86	9	weaker	weak	ADJ
ejge-7083	86	10	in	in	ADP
ejge-7083	86	11	nirp	nirp	VERB
ejge-7083	86	12	-	-	PUNCT
ejge-7083	86	13	adopter	adopter	NOUN
ejge-7083	86	14	countries	country	NOUN
ejge-7083	86	15	.	.	PUNCT
ejge-7083	87	1	they	they	PRON
ejge-7083	87	2	document	document	VERB
ejge-7083	87	3	that	that	SCONJ
ejge-7083	87	4	this	this	DET
ejge-7083	87	5	adverse	adverse	ADJ
ejge-7083	87	6	effect	effect	NOUN
ejge-7083	87	7	of	of	ADP
ejge-7083	87	8	the	the	DET
ejge-7083	87	9	policy	policy	NOUN
ejge-7083	87	10	is	be	AUX
ejge-7083	87	11	stronger	strong	ADJ
ejge-7083	87	12	for	for	ADP
ejge-7083	87	13	banks	bank	NOUN
ejge-7083	87	14	that	that	PRON
ejge-7083	87	15	are	be	AUX
ejge-7083	87	16	more	more	ADV
ejge-7083	87	17	dependent	dependent	ADJ
ejge-7083	87	18	on	on	ADP
ejge-7083	87	19	retail	retail	ADJ
ejge-7083	87	20	deposit	deposit	NOUN
ejge-7083	87	21	funding	funding	NOUN
ejge-7083	87	22	and	and	CCONJ
ejge-7083	87	23	operate	operate	VERB
ejge-7083	87	24	in	in	ADP
ejge-7083	87	25	more	more	ADV
ejge-7083	87	26	competitive	competitive	ADJ
ejge-7083	87	27	markets	market	NOUN
ejge-7083	87	28	.	.	PUNCT
ejge-7083	88	1	using	use	VERB
ejge-7083	88	2	the	the	DET
ejge-7083	88	3	same	same	ADJ
ejge-7083	88	4	dataset	dataset	NOUN
ejge-7083	88	5	,	,	PUNCT
ejge-7083	88	6	molyneux	molyneux	PROPN
ejge-7083	88	7	et	et	PROPN
ejge-7083	88	8	al	al	PROPN
ejge-7083	88	9	.	.	PROPN
ejge-7083	89	1	(	(	PUNCT
ejge-7083	89	2	2019	2019	NUM
ejge-7083	89	3	)	)	PUNCT
ejge-7083	89	4	find	find	VERB
ejge-7083	89	5	that	that	SCONJ
ejge-7083	89	6	the	the	DET
ejge-7083	89	7	nirp	nirp	NOUN
ejge-7083	89	8	is	be	AUX
ejge-7083	89	9	negatively	negatively	ADV
ejge-7083	89	10	associated	associate	VERB
ejge-7083	89	11	with	with	ADP
ejge-7083	89	12	banking	banking	NOUN
ejge-7083	89	13	profitability	profitability	NOUN
ejge-7083	89	14	.	.	PUNCT
ejge-7083	90	1	similarly	similarly	ADV
ejge-7083	90	2	,	,	PUNCT
ejge-7083	90	3	mamatzakis	mamatzakis	PROPN
ejge-7083	90	4	&	&	CCONJ
ejge-7083	90	5	bermpei	bermpei	PROPN
ejge-7083	90	6	(	(	PUNCT
ejge-7083	90	7	2016	2016	NUM
ejge-7083	90	8	)	)	PUNCT
ejge-7083	90	9	report	report	NOUN
ejge-7083	90	10	that	that	SCONJ
ejge-7083	90	11	central	central	ADJ
ejge-7083	90	12	bank	bank	NOUN
ejge-7083	90	13	's	's	PART
ejge-7083	90	14	assets	asset	NOUN
ejge-7083	90	15	and	and	CCONJ
ejge-7083	90	16	excess	excess	ADJ
ejge-7083	90	17	reserves	reserve	NOUN
ejge-7083	90	18	negatively	negatively	ADV
ejge-7083	90	19	affects	affect	VERB
ejge-7083	90	20	bank	bank	NOUN
ejge-7083	90	21	performance	performance	NOUN
ejge-7083	90	22	.	.	PUNCT
ejge-7083	91	1	considering	consider	VERB
ejge-7083	91	2	data	datum	NOUN
ejge-7083	91	3	from	from	ADP
ejge-7083	91	4	47	47	NUM
ejge-7083	91	5	countries	country	NOUN
ejge-7083	91	6	,	,	PUNCT
ejge-7083	91	7	claessens	claessen	VERB
ejge-7083	91	8	et	et	PROPN
ejge-7083	91	9	al	al	PROPN
ejge-7083	91	10	.	.	PUNCT
ejge-7083	92	1	(	(	PUNCT
ejge-7083	92	2	2018	2018	NUM
ejge-7083	92	3	)	)	PUNCT
ejge-7083	92	4	show	show	VERB
ejge-7083	92	5	that	that	SCONJ
ejge-7083	92	6	a	a	DET
ejge-7083	92	7	one	one	NUM
ejge-7083	92	8	per	per	ADP
ejge-7083	92	9	cent	cent	NOUN
ejge-7083	92	10	drop	drop	NOUN
ejge-7083	92	11	in	in	ADP
ejge-7083	92	12	interest	interest	NOUN
ejge-7083	92	13	rates	rate	NOUN
ejge-7083	92	14	translates	translate	VERB
ejge-7083	92	15	into	into	ADP
ejge-7083	92	16	an	an	DET
ejge-7083	92	17	8	8	NUM
ejge-7083	92	18	basis	basis	NOUN
ejge-7083	92	19	point	point	NOUN
ejge-7083	92	20	lower	low	ADJ
ejge-7083	92	21	net	net	ADJ
ejge-7083	92	22	interest	interest	NOUN
ejge-7083	92	23	margin	margin	NOUN
ejge-7083	92	24	.	.	PUNCT
ejge-7083	93	1	this	this	DET
ejge-7083	93	2	effect	effect	NOUN
ejge-7083	93	3	is	be	AUX
ejge-7083	93	4	larger	large	ADJ
ejge-7083	93	5	at	at	ADP
ejge-7083	93	6	low	low	ADJ
ejge-7083	93	7	rates	rate	NOUN
ejge-7083	93	8	.	.	PUNCT
ejge-7083	94	1	as	as	ADP
ejge-7083	94	2	a	a	DET
ejge-7083	94	3	response	response	NOUN
ejge-7083	94	4	to	to	ADP
ejge-7083	94	5	the	the	DET
ejge-7083	94	6	low	low	ADJ
ejge-7083	94	7	-	-	PUNCT
ejge-7083	94	8	interest	interest	NOUN
ejge-7083	94	9	rates	rate	NOUN
ejge-7083	94	10	environment	environment	NOUN
ejge-7083	94	11	,	,	PUNCT
ejge-7083	94	12	banks	bank	NOUN
ejge-7083	94	13	also	also	ADV
ejge-7083	94	14	change	change	VERB
ejge-7083	94	15	the	the	DET
ejge-7083	94	16	composition	composition	NOUN
ejge-7083	94	17	of	of	ADP
ejge-7083	94	18	their	their	PRON
ejge-7083	94	19	income	income	NOUN
ejge-7083	94	20	in	in	ADP
ejge-7083	94	21	various	various	ADJ
ejge-7083	94	22	ways	way	NOUN
ejge-7083	94	23	.	.	PUNCT
ejge-7083	95	1	molyneux	molyneux	PROPN
ejge-7083	95	2	et	et	PROPN
ejge-7083	95	3	al	al	PROPN
ejge-7083	95	4	.	.	PROPN
ejge-7083	95	5	(	(	PUNCT
ejge-7083	95	6	2020b	2020b	NUM
ejge-7083	95	7	)	)	PUNCT
ejge-7083	95	8	show	show	VERB
ejge-7083	95	9	that	that	SCONJ
ejge-7083	95	10	banks	bank	NOUN
ejge-7083	95	11	boost	boost	VERB
ejge-7083	95	12	fees	fee	NOUN
ejge-7083	95	13	from	from	ADP
ejge-7083	95	14	portfolio	portfolio	NOUN
ejge-7083	95	15	management	management	NOUN
ejge-7083	95	16	,	,	PUNCT
ejge-7083	95	17	brokerage	brokerage	NOUN
ejge-7083	95	18	,	,	PUNCT
ejge-7083	95	19	consultancy	consultancy	NOUN
ejge-7083	95	20	services	service	NOUN
ejge-7083	95	21	and	and	CCONJ
ejge-7083	95	22	current	current	ADJ
ejge-7083	95	23	accounts	account	NOUN
ejge-7083	95	24	.	.	PUNCT
ejge-7083	96	1	brei	brei	ADV
ejge-7083	96	2	et	et	PROPN
ejge-7083	96	3	al	al	PROPN
ejge-7083	96	4	.	.	PROPN
ejge-7083	97	1	(	(	PUNCT
ejge-7083	97	2	2020	2020	NUM
ejge-7083	97	3	)	)	PUNCT
ejge-7083	97	4	report	report	NOUN
ejge-7083	97	5	that	that	SCONJ
ejge-7083	97	6	the	the	DET
ejge-7083	97	7	low	low	ADJ
ejge-7083	97	8	-	-	PUNCT
ejge-7083	97	9	interest	interest	NOUN
ejge-7083	97	10	rate	rate	NOUN
ejge-7083	97	11	environment	environment	NOUN
ejge-7083	97	12	has	have	AUX
ejge-7083	97	13	caused	cause	VERB
ejge-7083	97	14	banks	bank	NOUN
ejge-7083	97	15	to	to	PART
ejge-7083	97	16	shift	shift	VERB
ejge-7083	97	17	their	their	PRON
ejge-7083	97	18	activities	activity	NOUN
ejge-7083	97	19	from	from	ADP
ejge-7083	97	20	interestgenerating	interestgenerate	VERB
ejge-7083	97	21	to	to	ADP
ejge-7083	97	22	fee	fee	NOUN
ejge-7083	97	23	-	-	PUNCT
ejge-7083	97	24	related	relate	VERB
ejge-7083	97	25	and	and	CCONJ
ejge-7083	97	26	trading	trading	NOUN
ejge-7083	97	27	activities	activity	NOUN
ejge-7083	97	28	.	.	PUNCT
ejge-7083	98	1	other	other	ADJ
ejge-7083	98	2	studies	study	NOUN
ejge-7083	98	3	do	do	AUX
ejge-7083	98	4	not	not	PART
ejge-7083	98	5	find	find	VERB
ejge-7083	98	6	a	a	DET
ejge-7083	98	7	significant	significant	ADJ
ejge-7083	98	8	relationship	relationship	NOUN
ejge-7083	98	9	between	between	ADP
ejge-7083	98	10	the	the	DET
ejge-7083	98	11	nirp	nirp	NOUN
ejge-7083	98	12	and	and	CCONJ
ejge-7083	98	13	bank	bank	NOUN
ejge-7083	98	14	profits	profit	NOUN
ejge-7083	98	15	.	.	PUNCT
ejge-7083	99	1	altavilla	altavilla	PROPN
ejge-7083	99	2	et	et	PROPN
ejge-7083	99	3	al	al	PROPN
ejge-7083	99	4	.	.	PROPN
ejge-7083	100	1	(	(	PUNCT
ejge-7083	100	2	2018	2018	NUM
ejge-7083	100	3	)	)	PUNCT
ejge-7083	100	4	report	report	NOUN
ejge-7083	100	5	that	that	SCONJ
ejge-7083	100	6	the	the	DET
ejge-7083	100	7	monetary	monetary	ADJ
ejge-7083	100	8	policy	policy	NOUN
ejge-7083	100	9	easing	easing	NOUN
ejge-7083	100	10	has	have	AUX
ejge-7083	100	11	not	not	PART
ejge-7083	100	12	significantly	significantly	ADV
ejge-7083	100	13	affected	affect	VERB
ejge-7083	100	14	banks	bank	NOUN
ejge-7083	100	15	'	'	PART
ejge-7083	100	16	profits	profit	NOUN
ejge-7083	100	17	and	and	CCONJ
ejge-7083	100	18	that	that	SCONJ
ejge-7083	100	19	the	the	DET
ejge-7083	100	20	negative	negative	ADJ
ejge-7083	100	21	effect	effect	NOUN
ejge-7083	100	22	of	of	ADP
ejge-7083	100	23	low	low	ADJ
ejge-7083	100	24	rates	rate	NOUN
ejge-7083	100	25	on	on	ADP
ejge-7083	100	26	profits	profit	NOUN
ejge-7083	100	27	is	be	AUX
ejge-7083	100	28	counterbalanced	counterbalance	VERB
ejge-7083	100	29	by	by	ADP
ejge-7083	100	30	improved	improve	VERB
ejge-7083	100	31	macroeconomic	macroeconomic	ADJ
ejge-7083	100	32	conditions	condition	NOUN
ejge-7083	100	33	.	.	PUNCT
ejge-7083	101	1	exploiting	exploit	VERB
ejge-7083	101	2	a	a	DET
ejge-7083	101	3	large	large	ADJ
ejge-7083	101	4	dataset	dataset	NOUN
ejge-7083	101	5	involving	involve	VERB
ejge-7083	101	6	5,200	5,200	NUM
ejge-7083	101	7	banks	bank	NOUN
ejge-7083	101	8	from	from	ADP
ejge-7083	101	9	27	27	NUM
ejge-7083	101	10	european	european	ADJ
ejge-7083	101	11	and	and	CCONJ
ejge-7083	101	12	asian	asian	ADJ
ejge-7083	101	13	countries	country	NOUN
ejge-7083	101	14	,	,	PUNCT
ejge-7083	101	15	lópez	lópez	PROPN
ejge-7083	101	16	et	et	PROPN
ejge-7083	101	17	al	al	AUX
ejge-7083	101	18	.	.	PROPN
ejge-7083	102	1	(	(	PUNCT
ejge-7083	102	2	2020	2020	NUM
ejge-7083	102	3	)	)	PUNCT
ejge-7083	102	4	find	find	VERB
ejge-7083	102	5	little	little	ADJ
ejge-7083	102	6	overall	overall	ADJ
ejge-7083	102	7	impact	impact	NOUN
ejge-7083	102	8	of	of	ADP
ejge-7083	102	9	the	the	DET
ejge-7083	102	10	current	current	ADJ
ejge-7083	102	11	negative	negative	ADJ
ejge-7083	102	12	nominal	nominal	ADJ
ejge-7083	102	13	rates	rate	NOUN
ejge-7083	102	14	on	on	ADP
ejge-7083	102	15	bank	bank	NOUN
ejge-7083	102	16	profitability	profitability	NOUN
ejge-7083	102	17	.	.	PUNCT
ejge-7083	103	1	david	david	PROPN
ejge-7083	103	2	boto	boto	PROPN
ejge-7083	103	3	-	-	PUNCT
ejge-7083	103	4	garcía	garcía	VERB
ejge-7083	103	5	et	et	PROPN
ejge-7083	103	6	al	al	PROPN
ejge-7083	103	7	.	.	PUNCT
ejge-7083	103	8	/	/	SYM
ejge-7083	103	9	european	european	PROPN
ejge-7083	103	10	journal	journal	PROPN
ejge-7083	103	11	of	of	ADP
ejge-7083	103	12	government	government	NOUN
ejge-7083	103	13	and	and	CCONJ
ejge-7083	103	14	economics	economic	NOUN
ejge-7083	103	15	10(1	10(1	NUM
ejge-7083	103	16	)	)	PUNCT
ejge-7083	103	17	,	,	PUNCT
ejge-7083	103	18	june	june	PROPN
ejge-7083	103	19	2021	2021	NUM
ejge-7083	103	20	,	,	PUNCT
ejge-7083	103	21	5	5	NUM
ejge-7083	103	22	-	-	SYM
ejge-7083	103	23	29	29	NUM
ejge-7083	103	24	9	9	NUM
ejge-7083	103	25	for	for	ADP
ejge-7083	103	26	the	the	DET
ejge-7083	103	27	spanish	spanish	ADJ
ejge-7083	103	28	case	case	NOUN
ejge-7083	103	29	,	,	PUNCT
ejge-7083	103	30	some	some	DET
ejge-7083	103	31	scholars	scholar	NOUN
ejge-7083	103	32	have	have	AUX
ejge-7083	103	33	studied	study	VERB
ejge-7083	103	34	the	the	DET
ejge-7083	103	35	interrelations	interrelation	NOUN
ejge-7083	103	36	between	between	ADP
ejge-7083	103	37	efficiency	efficiency	NOUN
ejge-7083	103	38	,	,	PUNCT
ejge-7083	103	39	technical	technical	ADJ
ejge-7083	103	40	change	change	NOUN
ejge-7083	103	41	and	and	CCONJ
ejge-7083	103	42	deregulations	deregulation	NOUN
ejge-7083	103	43	(	(	PUNCT
ejge-7083	103	44	kumbhakar	kumbhakar	NOUN
ejge-7083	103	45	et	et	PROPN
ejge-7083	103	46	al	al	PROPN
ejge-7083	103	47	.	.	PROPN
ejge-7083	103	48	,	,	PUNCT
ejge-7083	103	49	2001	2001	NUM
ejge-7083	103	50	)	)	PUNCT
ejge-7083	103	51	whereas	whereas	SCONJ
ejge-7083	103	52	others	other	NOUN
ejge-7083	103	53	have	have	AUX
ejge-7083	103	54	paid	pay	VERB
ejge-7083	103	55	attention	attention	NOUN
ejge-7083	103	56	to	to	ADP
ejge-7083	103	57	the	the	DET
ejge-7083	103	58	effect	effect	NOUN
ejge-7083	103	59	of	of	ADP
ejge-7083	103	60	regulatory	regulatory	ADJ
ejge-7083	103	61	changes	change	NOUN
ejge-7083	103	62	on	on	ADP
ejge-7083	103	63	the	the	DET
ejge-7083	103	64	banks	bank	NOUN
ejge-7083	103	65	'	'	PART
ejge-7083	103	66	negotiating	negotiating	NOUN
ejge-7083	103	67	power	power	NOUN
ejge-7083	103	68	(	(	PUNCT
ejge-7083	103	69	salas	salas	PROPN
ejge-7083	103	70	&	&	CCONJ
ejge-7083	103	71	saurina	saurina	PROPN
ejge-7083	103	72	,	,	PUNCT
ejge-7083	103	73	2003	2003	NUM
ejge-7083	103	74	)	)	PUNCT
ejge-7083	103	75	.	.	PUNCT
ejge-7083	104	1	another	another	DET
ejge-7083	104	2	stream	stream	NOUN
ejge-7083	104	3	of	of	ADP
ejge-7083	104	4	research	research	NOUN
ejge-7083	104	5	has	have	AUX
ejge-7083	104	6	explored	explore	VERB
ejge-7083	104	7	the	the	DET
ejge-7083	104	8	market	market	NOUN
ejge-7083	104	9	failures	failure	NOUN
ejge-7083	104	10	behind	behind	ADP
ejge-7083	104	11	the	the	DET
ejge-7083	104	12	great	great	ADJ
ejge-7083	104	13	difficulties	difficulty	NOUN
ejge-7083	104	14	the	the	DET
ejge-7083	104	15	banking	banking	NOUN
ejge-7083	104	16	sector	sector	NOUN
ejge-7083	104	17	went	go	VERB
ejge-7083	104	18	through	through	ADP
ejge-7083	104	19	after	after	ADP
ejge-7083	104	20	the	the	DET
ejge-7083	104	21	2008	2008	NUM
ejge-7083	104	22	crisis	crisis	NOUN
ejge-7083	104	23	(	(	PUNCT
ejge-7083	104	24	jimeno	jimeno	PROPN
ejge-7083	104	25	&	&	CCONJ
ejge-7083	104	26	santos	santos	PROPN
ejge-7083	104	27	,	,	PUNCT
ejge-7083	104	28	2014	2014	NUM
ejge-7083	104	29	)	)	PUNCT
ejge-7083	104	30	.	.	PUNCT
ejge-7083	105	1	these	these	DET
ejge-7083	105	2	studies	study	NOUN
ejge-7083	105	3	generally	generally	ADV
ejge-7083	105	4	agree	agree	VERB
ejge-7083	105	5	that	that	SCONJ
ejge-7083	105	6	the	the	DET
ejge-7083	105	7	high	high	ADJ
ejge-7083	105	8	exposure	exposure	NOUN
ejge-7083	105	9	to	to	ADP
ejge-7083	105	10	the	the	DET
ejge-7083	105	11	real	real	ADJ
ejge-7083	105	12	estate	estate	NOUN
ejge-7083	105	13	bubble	bubble	NOUN
ejge-7083	105	14	and	and	CCONJ
ejge-7083	105	15	the	the	DET
ejge-7083	105	16	excessive	excessive	ADJ
ejge-7083	105	17	risk	risk	NOUN
ejge-7083	105	18	-	-	PUNCT
ejge-7083	105	19	taking	take	VERB
ejge-7083	105	20	through	through	ADP
ejge-7083	105	21	over	over	ADP
ejge-7083	105	22	lending	lending	NOUN
ejge-7083	105	23	during	during	ADP
ejge-7083	105	24	the	the	DET
ejge-7083	105	25	boom	boom	NOUN
ejge-7083	105	26	period	period	NOUN
ejge-7083	105	27	are	be	AUX
ejge-7083	105	28	the	the	DET
ejge-7083	105	29	main	main	ADJ
ejge-7083	105	30	causes	cause	NOUN
ejge-7083	105	31	of	of	ADP
ejge-7083	105	32	the	the	DET
ejge-7083	105	33	financial	financial	ADJ
ejge-7083	105	34	difficulties	difficulty	NOUN
ejge-7083	105	35	that	that	PRON
ejge-7083	105	36	follow	follow	VERB
ejge-7083	105	37	.	.	PUNCT
ejge-7083	106	1	as	as	SCONJ
ejge-7083	106	2	discussed	discuss	VERB
ejge-7083	106	3	in	in	ADP
ejge-7083	106	4	fernández	fernández	PROPN
ejge-7083	106	5	-	-	PUNCT
ejge-7083	106	6	villaverde	villaverde	NOUN
ejge-7083	106	7	et	et	PROPN
ejge-7083	106	8	al	al	PROPN
ejge-7083	106	9	.	.	PROPN
ejge-7083	107	1	(	(	PUNCT
ejge-7083	107	2	2013	2013	NUM
ejge-7083	107	3	)	)	PUNCT
ejge-7083	107	4	,	,	PUNCT
ejge-7083	107	5	political	political	ADJ
ejge-7083	107	6	economy	economy	NOUN
ejge-7083	107	7	factors	factor	NOUN
ejge-7083	107	8	like	like	ADP
ejge-7083	107	9	governments	government	NOUN
ejge-7083	107	10	,	,	PUNCT
ejge-7083	107	11	developers	developer	NOUN
ejge-7083	107	12	and	and	CCONJ
ejge-7083	107	13	the	the	DET
ejge-7083	107	14	local	local	ADJ
ejge-7083	107	15	regulation	regulation	NOUN
ejge-7083	107	16	of	of	ADP
ejge-7083	107	17	cajas	cajas	PROPN
ejge-7083	107	18	further	further	PROPN
ejge-7083	107	19	contributed	contribute	VERB
ejge-7083	107	20	to	to	ADP
ejge-7083	107	21	the	the	DET
ejge-7083	107	22	huge	huge	ADJ
ejge-7083	107	23	indebtedness	indebtedness	NOUN
ejge-7083	107	24	of	of	ADP
ejge-7083	107	25	the	the	DET
ejge-7083	107	26	spanish	spanish	ADJ
ejge-7083	107	27	banking	banking	NOUN
ejge-7083	107	28	system	system	NOUN
ejge-7083	107	29	.	.	PUNCT
ejge-7083	108	1	concerning	concern	VERB
ejge-7083	108	2	bank	bank	NOUN
ejge-7083	108	3	profitability	profitability	NOUN
ejge-7083	108	4	,	,	PUNCT
ejge-7083	108	5	trujillo	trujillo	PROPN
ejge-7083	108	6	-	-	PUNCT
ejge-7083	108	7	ponce	ponce	NOUN
ejge-7083	108	8	(	(	PUNCT
ejge-7083	108	9	2013	2013	NUM
ejge-7083	108	10	)	)	PUNCT
ejge-7083	108	11	finds	find	VERB
ejge-7083	108	12	that	that	SCONJ
ejge-7083	108	13	the	the	DET
ejge-7083	108	14	business	business	NOUN
ejge-7083	108	15	cycle	cycle	NOUN
ejge-7083	108	16	,	,	PUNCT
ejge-7083	108	17	the	the	DET
ejge-7083	108	18	inflation	inflation	NOUN
ejge-7083	108	19	rate	rate	NOUN
ejge-7083	108	20	and	and	CCONJ
ejge-7083	108	21	the	the	DET
ejge-7083	108	22	degree	degree	NOUN
ejge-7083	108	23	of	of	ADP
ejge-7083	108	24	concentration	concentration	NOUN
ejge-7083	108	25	in	in	ADP
ejge-7083	108	26	the	the	DET
ejge-7083	108	27	sector	sector	NOUN
ejge-7083	108	28	positively	positively	ADV
ejge-7083	108	29	contribute	contribute	VERB
ejge-7083	108	30	to	to	ADP
ejge-7083	108	31	profitability	profitability	NOUN
ejge-7083	108	32	,	,	PUNCT
ejge-7083	108	33	while	while	SCONJ
ejge-7083	108	34	a	a	DET
ejge-7083	108	35	high	high	ADJ
ejge-7083	108	36	proportion	proportion	NOUN
ejge-7083	108	37	of	of	ADP
ejge-7083	108	38	low	low	ADJ
ejge-7083	108	39	-	-	PUNCT
ejge-7083	108	40	quality	quality	NOUN
ejge-7083	108	41	assets	asset	NOUN
ejge-7083	108	42	tends	tend	VERB
ejge-7083	108	43	to	to	PART
ejge-7083	108	44	lower	lower	VERB
ejge-7083	108	45	it	it	PRON
ejge-7083	108	46	.	.	PUNCT
ejge-7083	109	1	climent	climent	PROPN
ejge-7083	109	2	&	&	CCONJ
ejge-7083	109	3	pavía	pavía	ADJ
ejge-7083	109	4	(	(	PUNCT
ejge-7083	109	5	2015	2015	NUM
ejge-7083	109	6	)	)	PUNCT
ejge-7083	109	7	study	study	VERB
ejge-7083	109	8	the	the	DET
ejge-7083	109	9	differences	difference	NOUN
ejge-7083	109	10	in	in	ADP
ejge-7083	109	11	profitability	profitability	NOUN
ejge-7083	109	12	between	between	ADP
ejge-7083	109	13	firms	firm	NOUN
ejge-7083	109	14	receiving	receive	VERB
ejge-7083	109	15	public	public	ADJ
ejge-7083	109	16	aid	aid	NOUN
ejge-7083	109	17	and	and	CCONJ
ejge-7083	109	18	those	those	PRON
ejge-7083	109	19	which	which	PRON
ejge-7083	109	20	do	do	VERB
ejge-7083	109	21	not	not	PART
ejge-7083	109	22	.	.	PUNCT
ejge-7083	110	1	revenues	revenue	NOUN
ejge-7083	110	2	from	from	ADP
ejge-7083	110	3	investments	investment	NOUN
ejge-7083	110	4	and	and	CCONJ
ejge-7083	110	5	net	net	ADJ
ejge-7083	110	6	financial	financial	ADJ
ejge-7083	110	7	operation	operation	NOUN
ejge-7083	110	8	results	result	NOUN
ejge-7083	110	9	have	have	VERB
ejge-7083	110	10	a	a	DET
ejge-7083	110	11	positive	positive	ADJ
ejge-7083	110	12	impact	impact	NOUN
ejge-7083	110	13	on	on	ADP
ejge-7083	110	14	profitability	profitability	NOUN
ejge-7083	110	15	,	,	PUNCT
ejge-7083	110	16	whereas	whereas	SCONJ
ejge-7083	110	17	staff	staff	NOUN
ejge-7083	110	18	and	and	CCONJ
ejge-7083	110	19	administration	administration	NOUN
ejge-7083	110	20	costs	cost	NOUN
ejge-7083	110	21	and	and	CCONJ
ejge-7083	110	22	provisions	provision	NOUN
ejge-7083	110	23	for	for	ADP
ejge-7083	110	24	depreciation	depreciation	NOUN
ejge-7083	110	25	have	have	VERB
ejge-7083	110	26	negative	negative	ADJ
ejge-7083	110	27	effects	effect	NOUN
ejge-7083	110	28	.	.	PUNCT
ejge-7083	111	1	pérezmontes	pérezmontes	PROPN
ejge-7083	111	2	&	&	CCONJ
ejge-7083	111	3	ferrer	ferrer	PROPN
ejge-7083	111	4	pérez	pérez	NOUN
ejge-7083	111	5	(	(	PUNCT
ejge-7083	111	6	2018	2018	NUM
ejge-7083	111	7	)	)	PUNCT
ejge-7083	111	8	analyze	analyze	VERB
ejge-7083	111	9	how	how	SCONJ
ejge-7083	111	10	bank	bank	NOUN
ejge-7083	111	11	profits	profit	NOUN
ejge-7083	111	12	are	be	AUX
ejge-7083	111	13	affected	affect	VERB
ejge-7083	111	14	by	by	ADP
ejge-7083	111	15	interest	interest	NOUN
ejge-7083	111	16	rates	rate	NOUN
ejge-7083	111	17	.	.	PUNCT
ejge-7083	112	1	using	use	VERB
ejge-7083	112	2	aggregate	aggregate	ADJ
ejge-7083	112	3	time	time	NOUN
ejge-7083	112	4	series	series	PROPN
ejge-7083	112	5	data	datum	NOUN
ejge-7083	112	6	and	and	CCONJ
ejge-7083	112	7	covering	cover	VERB
ejge-7083	112	8	the	the	DET
ejge-7083	112	9	2000	2000	NUM
ejge-7083	112	10	-	-	SYM
ejge-7083	112	11	2016	2016	NUM
ejge-7083	112	12	period	period	NOUN
ejge-7083	112	13	,	,	PUNCT
ejge-7083	112	14	these	these	DET
ejge-7083	112	15	authors	author	NOUN
ejge-7083	112	16	find	find	VERB
ejge-7083	112	17	a	a	DET
ejge-7083	112	18	non	non	ADJ
ejge-7083	112	19	-	-	ADJ
ejge-7083	112	20	linear	linear	ADJ
ejge-7083	112	21	relationship	relationship	NOUN
ejge-7083	112	22	between	between	ADP
ejge-7083	112	23	interest	interest	NOUN
ejge-7083	112	24	rates	rate	NOUN
ejge-7083	112	25	and	and	CCONJ
ejge-7083	112	26	net	net	ADJ
ejge-7083	112	27	interest	interest	NOUN
ejge-7083	112	28	income	income	NOUN
ejge-7083	112	29	,	,	PUNCT
ejge-7083	112	30	which	which	PRON
ejge-7083	112	31	is	be	AUX
ejge-7083	112	32	positive	positive	ADJ
ejge-7083	112	33	at	at	ADP
ejge-7083	112	34	low	low	ADJ
ejge-7083	112	35	levels	level	NOUN
ejge-7083	112	36	.	.	PUNCT
ejge-7083	113	1	more	more	ADV
ejge-7083	113	2	recently	recently	ADV
ejge-7083	113	3	,	,	PUNCT
ejge-7083	113	4	cruz	cruz	NOUN
ejge-7083	113	5	-	-	PUNCT
ejge-7083	113	6	garcía	garcía	PROPN
ejge-7083	113	7	et	et	PROPN
ejge-7083	113	8	al	al	PROPN
ejge-7083	113	9	.	.	PROPN
ejge-7083	113	10	(	(	PUNCT
ejge-7083	113	11	2020b	2020b	NUM
ejge-7083	113	12	)	)	PUNCT
ejge-7083	113	13	analyze	analyze	VERB
ejge-7083	113	14	the	the	DET
ejge-7083	113	15	determinants	determinant	NOUN
ejge-7083	113	16	of	of	ADP
ejge-7083	113	17	banks	bank	NOUN
ejge-7083	113	18	'	'	PART
ejge-7083	113	19	net	net	ADJ
ejge-7083	113	20	interest	interest	NOUN
ejge-7083	113	21	margins	margin	NOUN
ejge-7083	113	22	.	.	PUNCT
ejge-7083	114	1	they	they	PRON
ejge-7083	114	2	show	show	VERB
ejge-7083	114	3	that	that	SCONJ
ejge-7083	114	4	market	market	NOUN
ejge-7083	114	5	power	power	NOUN
ejge-7083	114	6	and	and	CCONJ
ejge-7083	114	7	risk	risk	NOUN
ejge-7083	114	8	aversion	aversion	NOUN
ejge-7083	114	9	increase	increase	NOUN
ejge-7083	114	10	banking	banking	NOUN
ejge-7083	114	11	profitability	profitability	NOUN
ejge-7083	114	12	while	while	SCONJ
ejge-7083	114	13	a	a	DET
ejge-7083	114	14	higher	high	ADJ
ejge-7083	114	15	volume	volume	NOUN
ejge-7083	114	16	of	of	ADP
ejge-7083	114	17	liquid	liquid	ADJ
ejge-7083	114	18	reserves	reserve	NOUN
ejge-7083	114	19	reduces	reduce	VERB
ejge-7083	114	20	net	net	ADJ
ejge-7083	114	21	interest	interest	NOUN
ejge-7083	114	22	margins	margin	NOUN
ejge-7083	114	23	.	.	PUNCT
ejge-7083	115	1	tercero	tercero	NOUN
ejge-7083	115	2	-	-	PUNCT
ejge-7083	115	3	lucas	lucas	PROPN
ejge-7083	115	4	(	(	PUNCT
ejge-7083	115	5	2020	2020	NUM
ejge-7083	115	6	)	)	PUNCT
ejge-7083	115	7	examines	examine	VERB
ejge-7083	115	8	the	the	DET
ejge-7083	115	9	effects	effect	NOUN
ejge-7083	115	10	of	of	ADP
ejge-7083	115	11	non	non	ADJ
ejge-7083	115	12	-	-	ADJ
ejge-7083	115	13	standard	standard	ADJ
ejge-7083	115	14	monetary	monetary	ADJ
ejge-7083	115	15	policy	policy	NOUN
ejge-7083	115	16	measures	measure	NOUN
ejge-7083	115	17	on	on	ADP
ejge-7083	115	18	the	the	DET
ejge-7083	115	19	spanish	spanish	ADJ
ejge-7083	115	20	banking	banking	NOUN
ejge-7083	115	21	sector	sector	NOUN
ejge-7083	115	22	profitability	profitability	NOUN
ejge-7083	115	23	.	.	PUNCT
ejge-7083	116	1	his	his	PRON
ejge-7083	116	2	analysis	analysis	NOUN
ejge-7083	116	3	covers	cover	VERB
ejge-7083	116	4	the	the	DET
ejge-7083	116	5	period	period	NOUN
ejge-7083	116	6	2001	2001	NUM
ejge-7083	116	7	-	-	SYM
ejge-7083	116	8	2017	2017	NUM
ejge-7083	116	9	and	and	CCONJ
ejge-7083	116	10	uses	use	VERB
ejge-7083	116	11	panel	panel	NOUN
ejge-7083	116	12	data	datum	NOUN
ejge-7083	116	13	for	for	ADP
ejge-7083	116	14	54	54	NUM
ejge-7083	116	15	spanish	spanish	ADJ
ejge-7083	116	16	banks	bank	NOUN
ejge-7083	116	17	.	.	PUNCT
ejge-7083	117	1	he	he	PRON
ejge-7083	117	2	provides	provide	VERB
ejge-7083	117	3	robust	robust	ADJ
ejge-7083	117	4	evidence	evidence	NOUN
ejge-7083	117	5	that	that	SCONJ
ejge-7083	117	6	ecb	ecb	PROPN
ejge-7083	117	7	's	's	PART
ejge-7083	117	8	total	total	ADJ
ejge-7083	117	9	assets	asset	NOUN
ejge-7083	117	10	,	,	PUNCT
ejge-7083	117	11	excess	excess	ADJ
ejge-7083	117	12	reserves	reserve	NOUN
ejge-7083	117	13	and	and	CCONJ
ejge-7083	117	14	the	the	DET
ejge-7083	117	15	slope	slope	NOUN
ejge-7083	117	16	of	of	ADP
ejge-7083	117	17	the	the	DET
ejge-7083	117	18	yield	yield	NOUN
ejge-7083	117	19	curve	curve	NOUN
ejge-7083	117	20	do	do	AUX
ejge-7083	117	21	not	not	PART
ejge-7083	117	22	significantly	significantly	ADV
ejge-7083	117	23	affect	affect	VERB
ejge-7083	117	24	banks	bank	NOUN
ejge-7083	117	25	'	'	PART
ejge-7083	117	26	return	return	NOUN
ejge-7083	117	27	on	on	ADP
ejge-7083	117	28	assets	asset	NOUN
ejge-7083	117	29	and	and	CCONJ
ejge-7083	117	30	interest	interest	NOUN
ejge-7083	117	31	margins	margin	NOUN
ejge-7083	117	32	.	.	PUNCT
ejge-7083	118	1	3	3	X
ejge-7083	118	2	.	.	X
ejge-7083	118	3	empirical	empirical	ADJ
ejge-7083	118	4	model	model	NOUN
ejge-7083	118	5	and	and	CCONJ
ejge-7083	118	6	data	datum	NOUN
ejge-7083	118	7	3.1	3.1	NUM
ejge-7083	118	8	.	.	PUNCT
ejge-7083	119	1	empirical	empirical	ADJ
ejge-7083	119	2	model	model	NOUN
ejge-7083	119	3	while	while	SCONJ
ejge-7083	119	4	most	most	ADJ
ejge-7083	119	5	studies	study	NOUN
ejge-7083	119	6	about	about	ADP
ejge-7083	119	7	banking	banking	NOUN
ejge-7083	119	8	profitability	profitability	NOUN
ejge-7083	119	9	adopt	adopt	VERB
ejge-7083	119	10	a	a	DET
ejge-7083	119	11	firm	firm	ADV
ejge-7083	119	12	-	-	PUNCT
ejge-7083	119	13	oriented	orient	VERB
ejge-7083	119	14	approach	approach	NOUN
ejge-7083	119	15	,	,	PUNCT
ejge-7083	119	16	we	we	PRON
ejge-7083	119	17	use	use	VERB
ejge-7083	119	18	time	time	NOUN
ejge-7083	119	19	series	series	PROPN
ejge-7083	119	20	data	datum	NOUN
ejge-7083	119	21	to	to	PART
ejge-7083	119	22	study	study	VERB
ejge-7083	119	23	the	the	DET
ejge-7083	119	24	behavior	behavior	NOUN
ejge-7083	119	25	of	of	ADP
ejge-7083	119	26	the	the	DET
ejge-7083	119	27	banking	banking	NOUN
ejge-7083	119	28	sector	sector	NOUN
ejge-7083	119	29	as	as	ADP
ejge-7083	119	30	a	a	DET
ejge-7083	119	31	whole	whole	NOUN
ejge-7083	119	32	.	.	PUNCT
ejge-7083	120	1	time	time	NOUN
ejge-7083	120	2	series	series	PROPN
ejge-7083	120	3	techniques	technique	NOUN
ejge-7083	120	4	for	for	ADP
ejge-7083	120	5	analyzing	analyze	VERB
ejge-7083	120	6	the	the	DET
ejge-7083	120	7	banking	banking	NOUN
ejge-7083	120	8	industry	industry	NOUN
ejge-7083	120	9	in	in	ADP
ejge-7083	120	10	spain	spain	PROPN
ejge-7083	120	11	have	have	AUX
ejge-7083	120	12	been	be	AUX
ejge-7083	120	13	previously	previously	ADV
ejge-7083	120	14	used	use	VERB
ejge-7083	120	15	by	by	ADP
ejge-7083	120	16	repullo	repullo	PROPN
ejge-7083	120	17	et	et	PROPN
ejge-7083	120	18	al	al	PROPN
ejge-7083	120	19	.	.	PROPN
ejge-7083	121	1	(	(	PUNCT
ejge-7083	121	2	2010	2010	NUM
ejge-7083	121	3	)	)	PUNCT
ejge-7083	121	4	and	and	CCONJ
ejge-7083	121	5	pérezmontes	pérezmonte	NOUN
ejge-7083	121	6	and	and	CCONJ
ejge-7083	121	7	ferrer	ferrer	NOUN
ejge-7083	121	8	-	-	NOUN
ejge-7083	121	9	pérez	pérez	NOUN
ejge-7083	121	10	(	(	PUNCT
ejge-7083	121	11	2018	2018	NUM
ejge-7083	121	12	)	)	PUNCT
ejge-7083	121	13	.	.	PUNCT
ejge-7083	122	1	this	this	PRON
ejge-7083	122	2	avoids	avoid	VERB
ejge-7083	122	3	the	the	DET
ejge-7083	122	4	problem	problem	NOUN
ejge-7083	122	5	of	of	ADP
ejge-7083	122	6	dealing	deal	VERB
ejge-7083	122	7	with	with	ADP
ejge-7083	122	8	mergers	merger	NOUN
ejge-7083	122	9	between	between	ADP
ejge-7083	122	10	entities	entity	NOUN
ejge-7083	122	11	,	,	PUNCT
ejge-7083	122	12	which	which	PRON
ejge-7083	122	13	have	have	AUX
ejge-7083	122	14	been	be	AUX
ejge-7083	122	15	very	very	ADV
ejge-7083	122	16	important	important	ADJ
ejge-7083	122	17	and	and	CCONJ
ejge-7083	122	18	numerous	numerous	ADJ
ejge-7083	122	19	in	in	ADP
ejge-7083	122	20	spain	spain	PROPN
ejge-7083	122	21	over	over	ADP
ejge-7083	122	22	the	the	DET
ejge-7083	122	23	study	study	NOUN
ejge-7083	122	24	period.2	period.2	NOUN
ejge-7083	122	25	the	the	DET
ejge-7083	122	26	general	general	ADJ
ejge-7083	122	27	model	model	NOUN
ejge-7083	122	28	to	to	PART
ejge-7083	122	29	be	be	AUX
ejge-7083	122	30	estimated	estimate	VERB
ejge-7083	122	31	has	have	VERB
ejge-7083	122	32	the	the	DET
ejge-7083	122	33	following	following	ADJ
ejge-7083	122	34	linear	linear	ADJ
ejge-7083	122	35	form	form	NOUN
ejge-7083	122	36	:	:	PUNCT
ejge-7083	123	1	𝛱𝛱𝑡𝑡	𝛱𝛱𝑡𝑡	VERB
ejge-7083	123	2	=	=	SYM
ejge-7083	123	3	𝛼𝛼	𝛼𝛼	ADP
ejge-7083	123	4	+	+	X
ejge-7083	123	5	𝛽𝛽𝛽𝛽𝑡𝑡	𝛽𝛽𝛽𝛽𝑡𝑡	NOUN
ejge-7083	123	6	+	+	CCONJ
ejge-7083	123	7	𝜀𝜀𝑡𝑡	𝜀𝜀𝑡𝑡	ADJ
ejge-7083	123	8	(	(	PUNCT
ejge-7083	123	9	1	1	NUM
ejge-7083	123	10	)	)	PUNCT
ejge-7083	123	11	2	2	NUM
ejge-7083	123	12	tercero	tercero	NOUN
ejge-7083	123	13	-	-	PUNCT
ejge-7083	123	14	lucas	lucas	PROPN
ejge-7083	123	15	(	(	PUNCT
ejge-7083	123	16	2020	2020	NUM
ejge-7083	123	17	)	)	PUNCT
ejge-7083	123	18	overcomes	overcome	VERB
ejge-7083	123	19	the	the	DET
ejge-7083	123	20	problem	problem	NOUN
ejge-7083	123	21	of	of	ADP
ejge-7083	123	22	mergers	merger	NOUN
ejge-7083	123	23	in	in	ADP
ejge-7083	123	24	a	a	DET
ejge-7083	123	25	panel	panel	NOUN
ejge-7083	123	26	data	datum	NOUN
ejge-7083	123	27	setting	set	VERB
ejge-7083	123	28	by	by	ADP
ejge-7083	123	29	constructing	construct	VERB
ejge-7083	123	30	“	"	PUNCT
ejge-7083	123	31	new	new	ADJ
ejge-7083	123	32	virtual	virtual	ADJ
ejge-7083	123	33	entities	entity	NOUN
ejge-7083	123	34	”	"	PUNCT
ejge-7083	123	35	through	through	ADP
ejge-7083	123	36	adding	add	VERB
ejge-7083	123	37	their	their	PRON
ejge-7083	123	38	balance	balance	NOUN
ejge-7083	123	39	sheets	sheet	NOUN
ejge-7083	123	40	.	.	PUNCT
ejge-7083	124	1	in	in	ADP
ejge-7083	124	2	our	our	PRON
ejge-7083	124	3	view	view	NOUN
ejge-7083	124	4	,	,	PUNCT
ejge-7083	124	5	treating	treat	VERB
ejge-7083	124	6	as	as	ADP
ejge-7083	124	7	a	a	DET
ejge-7083	124	8	single	single	ADJ
ejge-7083	124	9	unit	unit	NOUN
ejge-7083	124	10	banks	bank	NOUN
ejge-7083	124	11	that	that	PRON
ejge-7083	124	12	(	(	PUNCT
ejge-7083	124	13	in	in	ADP
ejge-7083	124	14	the	the	DET
ejge-7083	124	15	past	past	NOUN
ejge-7083	124	16	)	)	PUNCT
ejge-7083	124	17	behave	behave	VERB
ejge-7083	124	18	as	as	ADP
ejge-7083	124	19	separate	separate	ADJ
ejge-7083	124	20	entities	entity	NOUN
ejge-7083	124	21	because	because	SCONJ
ejge-7083	124	22	latter	latter	ADV
ejge-7083	124	23	they	they	PRON
ejge-7083	124	24	merged	merge	VERB
ejge-7083	124	25	is	be	AUX
ejge-7083	124	26	a	a	DET
ejge-7083	124	27	strong	strong	ADJ
ejge-7083	124	28	assumption	assumption	NOUN
ejge-7083	124	29	.	.	PUNCT
ejge-7083	125	1	david	david	PROPN
ejge-7083	125	2	boto	boto	PROPN
ejge-7083	125	3	-	-	PUNCT
ejge-7083	125	4	garcía	garcía	VERB
ejge-7083	125	5	et	et	PROPN
ejge-7083	125	6	al	al	PROPN
ejge-7083	125	7	.	.	PUNCT
ejge-7083	125	8	/	/	SYM
ejge-7083	125	9	european	european	PROPN
ejge-7083	125	10	journal	journal	PROPN
ejge-7083	125	11	of	of	ADP
ejge-7083	125	12	government	government	NOUN
ejge-7083	125	13	and	and	CCONJ
ejge-7083	125	14	economics	economic	NOUN
ejge-7083	125	15	10(1	10(1	NUM
ejge-7083	125	16	)	)	PUNCT
ejge-7083	125	17	,	,	PUNCT
ejge-7083	125	18	june	june	PROPN
ejge-7083	125	19	2021	2021	NUM
ejge-7083	125	20	,	,	PUNCT
ejge-7083	125	21	5	5	NUM
ejge-7083	125	22	-	-	SYM
ejge-7083	125	23	29	29	NUM
ejge-7083	125	24	10	10	NUM
ejge-7083	125	25	where	where	SCONJ
ejge-7083	125	26	subscript	subscript	NOUN
ejge-7083	125	27	t	t	PROPN
ejge-7083	125	28	indicates	indicate	VERB
ejge-7083	125	29	time	time	NOUN
ejge-7083	125	30	(	(	PUNCT
ejge-7083	125	31	quarters	quarter	NOUN
ejge-7083	125	32	)	)	PUNCT
ejge-7083	125	33	,	,	PUNCT
ejge-7083	125	34	for	for	ADP
ejge-7083	125	35	𝑡𝑡	𝑡𝑡	NOUN
ejge-7083	125	36	=	=	SYM
ejge-7083	125	37	1995𝑄𝑄1	1995𝑄𝑄1	NUM
ejge-7083	125	38	,	,	PUNCT
ejge-7083	125	39	…	…	PUNCT
ejge-7083	125	40	,	,	PUNCT
ejge-7083	125	41	2016𝑄𝑄4	2016𝑄𝑄4	NUM
ejge-7083	125	42	,	,	PUNCT
ejge-7083	125	43	𝛱𝛱𝑡𝑡	𝛱𝛱𝑡𝑡	PROPN
ejge-7083	125	44	is	be	AUX
ejge-7083	125	45	an	an	DET
ejge-7083	125	46	indicator	indicator	NOUN
ejge-7083	125	47	of	of	ADP
ejge-7083	125	48	the	the	DET
ejge-7083	125	49	profitability	profitability	NOUN
ejge-7083	125	50	of	of	ADP
ejge-7083	125	51	the	the	DET
ejge-7083	125	52	aggregate	aggregate	ADJ
ejge-7083	125	53	banking	banking	NOUN
ejge-7083	125	54	sector	sector	NOUN
ejge-7083	125	55	in	in	ADP
ejge-7083	125	56	period	period	NOUN
ejge-7083	125	57	t	t	PROPN
ejge-7083	125	58	,	,	PUNCT
ejge-7083	125	59	𝛽𝛽𝑡𝑡	𝛽𝛽𝑡𝑡	PROPN
ejge-7083	125	60	includes	include	VERB
ejge-7083	125	61	a	a	DET
ejge-7083	125	62	set	set	NOUN
ejge-7083	125	63	of	of	ADP
ejge-7083	125	64	banking	banking	NOUN
ejge-7083	125	65	factors	factor	NOUN
ejge-7083	125	66	together	together	ADV
ejge-7083	125	67	with	with	ADP
ejge-7083	125	68	controls	control	NOUN
ejge-7083	125	69	for	for	ADP
ejge-7083	125	70	the	the	DET
ejge-7083	125	71	macroeconomic	macroeconomic	ADJ
ejge-7083	125	72	environment	environment	NOUN
ejge-7083	125	73	and	and	CCONJ
ejge-7083	125	74	an	an	DET
ejge-7083	125	75	indicator	indicator	NOUN
ejge-7083	125	76	of	of	ADP
ejge-7083	125	77	market	market	NOUN
ejge-7083	125	78	concentration	concentration	NOUN
ejge-7083	125	79	,	,	PUNCT
ejge-7083	125	80	𝛽𝛽	𝛽𝛽	VERB
ejge-7083	125	81	is	be	AUX
ejge-7083	125	82	a	a	DET
ejge-7083	125	83	vector	vector	NOUN
ejge-7083	125	84	of	of	ADP
ejge-7083	125	85	parameters	parameter	NOUN
ejge-7083	125	86	to	to	PART
ejge-7083	125	87	be	be	AUX
ejge-7083	125	88	estimated	estimate	VERB
ejge-7083	125	89	,	,	PUNCT
ejge-7083	125	90	and	and	CCONJ
ejge-7083	125	91	𝜀𝜀𝑡𝑡	𝜀𝜀𝑡𝑡	ADJ
ejge-7083	125	92	is	be	AUX
ejge-7083	125	93	the	the	DET
ejge-7083	125	94	error	error	NOUN
ejge-7083	125	95	term	term	NOUN
ejge-7083	125	96	that	that	PRON
ejge-7083	125	97	is	be	AUX
ejge-7083	125	98	assumed	assume	VERB
ejge-7083	125	99	to	to	PART
ejge-7083	125	100	be	be	AUX
ejge-7083	125	101	white	white	ADJ
ejge-7083	125	102	noise	noise	NOUN
ejge-7083	125	103	.	.	PUNCT
ejge-7083	126	1	we	we	PRON
ejge-7083	126	2	next	next	ADV
ejge-7083	126	3	proceed	proceed	VERB
ejge-7083	126	4	to	to	PART
ejge-7083	126	5	define	define	VERB
ejge-7083	126	6	the	the	DET
ejge-7083	126	7	variables	variable	NOUN
ejge-7083	126	8	considered	consider	VERB
ejge-7083	126	9	in	in	ADP
ejge-7083	126	10	equation	equation	NOUN
ejge-7083	126	11	(	(	PUNCT
ejge-7083	126	12	1	1	NUM
ejge-7083	126	13	)	)	PUNCT
ejge-7083	126	14	and	and	CCONJ
ejge-7083	126	15	the	the	DET
ejge-7083	126	16	data	datum	NOUN
ejge-7083	126	17	source	source	NOUN
ejge-7083	126	18	.	.	PUNCT
ejge-7083	127	1	3.2	3.2	NUM
ejge-7083	127	2	.	.	PUNCT
ejge-7083	128	1	variable	variable	ADJ
ejge-7083	128	2	definition	definition	NOUN
ejge-7083	128	3	and	and	CCONJ
ejge-7083	128	4	data	datum	NOUN
ejge-7083	128	5	source	source	NOUN
ejge-7083	128	6	banking	banking	NOUN
ejge-7083	128	7	profitability	profitability	NOUN
ejge-7083	128	8	(	(	PUNCT
ejge-7083	128	9	𝛱𝛱𝑡𝑡	𝛱𝛱𝑡𝑡	PROPN
ejge-7083	128	10	)	)	PUNCT
ejge-7083	128	11	return	return	NOUN
ejge-7083	128	12	on	on	ADP
ejge-7083	128	13	average	average	ADJ
ejge-7083	128	14	assets	asset	NOUN
ejge-7083	128	15	(	(	PUNCT
ejge-7083	128	16	roaa	roaa	PROPN
ejge-7083	128	17	)	)	PUNCT
ejge-7083	128	18	is	be	AUX
ejge-7083	128	19	our	our	PRON
ejge-7083	128	20	main	main	ADJ
ejge-7083	128	21	measure	measure	NOUN
ejge-7083	128	22	of	of	ADP
ejge-7083	128	23	profitability	profitability	NOUN
ejge-7083	128	24	.	.	PUNCT
ejge-7083	129	1	it	it	PRON
ejge-7083	129	2	is	be	AUX
ejge-7083	129	3	defined	define	VERB
ejge-7083	129	4	as	as	ADP
ejge-7083	129	5	the	the	DET
ejge-7083	129	6	ratio	ratio	NOUN
ejge-7083	129	7	of	of	ADP
ejge-7083	129	8	net	net	ADJ
ejge-7083	129	9	before	before	ADP
ejge-7083	129	10	-	-	PUNCT
ejge-7083	129	11	tax	tax	NOUN
ejge-7083	129	12	profits	profit	NOUN
ejge-7083	129	13	to	to	ADP
ejge-7083	129	14	total	total	ADJ
ejge-7083	129	15	assets	asset	NOUN
ejge-7083	129	16	.	.	PUNCT
ejge-7083	130	1	it	it	PRON
ejge-7083	130	2	reflects	reflect	VERB
ejge-7083	130	3	how	how	SCONJ
ejge-7083	130	4	the	the	DET
ejge-7083	130	5	banks	bank	NOUN
ejge-7083	130	6	'	'	PART
ejge-7083	130	7	assets	asset	NOUN
ejge-7083	130	8	have	have	AUX
ejge-7083	130	9	been	be	AUX
ejge-7083	130	10	managed	manage	VERB
ejge-7083	130	11	to	to	PART
ejge-7083	130	12	produce	produce	VERB
ejge-7083	130	13	revenues	revenue	NOUN
ejge-7083	130	14	and	and	CCONJ
ejge-7083	130	15	are	be	AUX
ejge-7083	130	16	the	the	DET
ejge-7083	130	17	most	most	ADV
ejge-7083	130	18	used	used	ADJ
ejge-7083	130	19	profitability	profitability	NOUN
ejge-7083	130	20	indicator	indicator	NOUN
ejge-7083	130	21	(	(	PUNCT
ejge-7083	130	22	molyneux	molyneux	PROPN
ejge-7083	130	23	et	et	PROPN
ejge-7083	130	24	al	al	PROPN
ejge-7083	130	25	.	.	PROPN
ejge-7083	130	26	,	,	PUNCT
ejge-7083	130	27	2019	2019	NUM
ejge-7083	130	28	;	;	PUNCT
ejge-7083	130	29	mamatzakis	mamatzakis	PROPN
ejge-7083	130	30	&	&	CCONJ
ejge-7083	130	31	bermpei	bermpei	PROPN
ejge-7083	130	32	,	,	PUNCT
ejge-7083	130	33	2016	2016	NUM
ejge-7083	130	34	)	)	PUNCT
ejge-7083	130	35	.	.	PUNCT
ejge-7083	131	1	some	some	DET
ejge-7083	131	2	scholars	scholar	NOUN
ejge-7083	131	3	also	also	ADV
ejge-7083	131	4	employ	employ	VERB
ejge-7083	131	5	the	the	DET
ejge-7083	131	6	return	return	NOUN
ejge-7083	131	7	on	on	ADP
ejge-7083	131	8	equity	equity	NOUN
ejge-7083	131	9	(	(	PUNCT
ejge-7083	131	10	roe	roe	PROPN
ejge-7083	131	11	)	)	PUNCT
ejge-7083	131	12	as	as	ADP
ejge-7083	131	13	the	the	DET
ejge-7083	131	14	dependent	dependent	ADJ
ejge-7083	131	15	variable	variable	NOUN
ejge-7083	131	16	(	(	PUNCT
ejge-7083	131	17	dietrich	dietrich	PROPN
ejge-7083	131	18	&	&	CCONJ
ejge-7083	131	19	wanzenried	wanzenrie	VERB
ejge-7083	131	20	,	,	PUNCT
ejge-7083	131	21	2011	2011	NUM
ejge-7083	131	22	;	;	PUNCT
ejge-7083	131	23	trujillo	trujillo	PROPN
ejge-7083	131	24	-	-	PUNCT
ejge-7083	131	25	ponce	ponce	NOUN
ejge-7083	131	26	,	,	PUNCT
ejge-7083	131	27	2013	2013	NUM
ejge-7083	131	28	)	)	PUNCT
ejge-7083	131	29	.	.	PUNCT
ejge-7083	132	1	for	for	ADP
ejge-7083	132	2	robustness	robustness	NOUN
ejge-7083	132	3	,	,	PUNCT
ejge-7083	132	4	we	we	PRON
ejge-7083	132	5	also	also	ADV
ejge-7083	132	6	consider	consider	VERB
ejge-7083	132	7	roae	roae	NOUN
ejge-7083	132	8	.	.	PUNCT
ejge-7083	133	1	these	these	DET
ejge-7083	133	2	two	two	NUM
ejge-7083	133	3	ratios	ratio	NOUN
ejge-7083	133	4	are	be	AUX
ejge-7083	133	5	drawn	draw	VERB
ejge-7083	133	6	from	from	ADP
ejge-7083	133	7	the	the	DET
ejge-7083	133	8	income	income	NOUN
ejge-7083	133	9	statement	statement	NOUN
ejge-7083	133	10	of	of	ADP
ejge-7083	133	11	the	the	DET
ejge-7083	133	12	spanish	spanish	ADJ
ejge-7083	133	13	banking	banking	NOUN
ejge-7083	133	14	sector	sector	NOUN
ejge-7083	133	15	provided	provide	VERB
ejge-7083	133	16	by	by	ADP
ejge-7083	133	17	the	the	DET
ejge-7083	133	18	bank	bank	PROPN
ejge-7083	133	19	of	of	ADP
ejge-7083	133	20	spain	spain	PROPN
ejge-7083	133	21	statistical	statistical	ADJ
ejge-7083	133	22	bulletin	bulletin	NOUN
ejge-7083	133	23	.	.	PUNCT
ejge-7083	134	1	although	although	SCONJ
ejge-7083	134	2	there	there	PRON
ejge-7083	134	3	are	be	VERB
ejge-7083	134	4	some	some	DET
ejge-7083	134	5	differences	difference	NOUN
ejge-7083	134	6	between	between	ADP
ejge-7083	134	7	roaa	roaa	NOUN
ejge-7083	134	8	and	and	CCONJ
ejge-7083	134	9	roae	roae	NOUN
ejge-7083	134	10	(	(	PUNCT
ejge-7083	134	11	for	for	ADP
ejge-7083	134	12	example	example	NOUN
ejge-7083	134	13	,	,	PUNCT
ejge-7083	134	14	the	the	DET
ejge-7083	134	15	former	former	ADJ
ejge-7083	134	16	collects	collect	VERB
ejge-7083	134	17	off	off	ADP
ejge-7083	134	18	-	-	PUNCT
ejge-7083	134	19	balance	balance	NOUN
ejge-7083	134	20	sheet	sheet	NOUN
ejge-7083	134	21	activities	activity	NOUN
ejge-7083	134	22	whereas	whereas	SCONJ
ejge-7083	134	23	the	the	DET
ejge-7083	134	24	latter	latter	ADJ
ejge-7083	134	25	varies	vary	VERB
ejge-7083	134	26	as	as	ADP
ejge-7083	134	27	a	a	DET
ejge-7083	134	28	function	function	NOUN
ejge-7083	134	29	of	of	ADP
ejge-7083	134	30	the	the	DET
ejge-7083	134	31	entities	entity	NOUN
ejge-7083	134	32	capital	capital	NOUN
ejge-7083	134	33	requirements	requirement	NOUN
ejge-7083	134	34	)	)	PUNCT
ejge-7083	134	35	,	,	PUNCT
ejge-7083	134	36	their	their	PRON
ejge-7083	134	37	time	time	NOUN
ejge-7083	134	38	evolution	evolution	NOUN
ejge-7083	134	39	is	be	AUX
ejge-7083	134	40	similar	similar	ADJ
ejge-7083	134	41	in	in	ADP
ejge-7083	134	42	our	our	PRON
ejge-7083	134	43	study	study	NOUN
ejge-7083	134	44	period	period	NOUN
ejge-7083	134	45	.	.	PUNCT
ejge-7083	135	1	as	as	SCONJ
ejge-7083	135	2	shown	show	VERB
ejge-7083	135	3	in	in	ADP
ejge-7083	135	4	figure	figure	NOUN
ejge-7083	135	5	1	1	NUM
ejge-7083	135	6	,	,	PUNCT
ejge-7083	135	7	both	both	DET
ejge-7083	135	8	variables	variable	NOUN
ejge-7083	135	9	show	show	VERB
ejge-7083	135	10	a	a	DET
ejge-7083	135	11	substantial	substantial	ADJ
ejge-7083	135	12	drop	drop	NOUN
ejge-7083	135	13	in	in	ADP
ejge-7083	135	14	the	the	DET
ejge-7083	135	15	period	period	NOUN
ejge-7083	135	16	2012	2012	NUM
ejge-7083	135	17	-	-	SYM
ejge-7083	135	18	2013	2013	NUM
ejge-7083	135	19	.	.	PUNCT
ejge-7083	136	1	this	this	PRON
ejge-7083	136	2	was	be	AUX
ejge-7083	136	3	the	the	DET
ejge-7083	136	4	consequence	consequence	NOUN
ejge-7083	136	5	of	of	ADP
ejge-7083	136	6	the	the	DET
ejge-7083	136	7	passing	passing	NOUN
ejge-7083	136	8	of	of	ADP
ejge-7083	136	9	two	two	NUM
ejge-7083	136	10	royal	royal	ADJ
ejge-7083	136	11	decree	decree	NOUN
ejge-7083	136	12	-	-	PUNCT
ejge-7083	136	13	laws	law	NOUN
ejge-7083	136	14	in	in	ADP
ejge-7083	136	15	february	february	PROPN
ejge-7083	136	16	and	and	CCONJ
ejge-7083	136	17	june	june	PROPN
ejge-7083	136	18	2012	2012	NUM
ejge-7083	136	19	by	by	ADP
ejge-7083	136	20	the	the	DET
ejge-7083	136	21	spanish	spanish	ADJ
ejge-7083	136	22	government	government	NOUN
ejge-7083	136	23	that	that	PRON
ejge-7083	136	24	forced	force	VERB
ejge-7083	136	25	banks	bank	NOUN
ejge-7083	136	26	to	to	PART
ejge-7083	136	27	raise	raise	VERB
ejge-7083	136	28	provisions	provision	NOUN
ejge-7083	136	29	in	in	ADP
ejge-7083	136	30	the	the	DET
ejge-7083	136	31	balance	balance	NOUN
ejge-7083	136	32	sheet	sheet	NOUN
ejge-7083	136	33	.	.	PUNCT
ejge-7083	137	1	one	one	NUM
ejge-7083	137	2	important	important	ADJ
ejge-7083	137	3	part	part	NOUN
ejge-7083	137	4	of	of	ADP
ejge-7083	137	5	the	the	DET
ejge-7083	137	6	assets	asset	NOUN
ejge-7083	137	7	was	be	AUX
ejge-7083	137	8	related	relate	VERB
ejge-7083	137	9	to	to	ADP
ejge-7083	137	10	the	the	DET
ejge-7083	137	11	real	real	ADJ
ejge-7083	137	12	state	state	NOUN
ejge-7083	137	13	sector	sector	NOUN
ejge-7083	137	14	which	which	PRON
ejge-7083	137	15	,	,	PUNCT
ejge-7083	137	16	after	after	ADP
ejge-7083	137	17	the	the	DET
ejge-7083	137	18	bursting	bursting	NOUN
ejge-7083	137	19	of	of	ADP
ejge-7083	137	20	the	the	DET
ejge-7083	137	21	housing	housing	NOUN
ejge-7083	137	22	bubble	bubble	NOUN
ejge-7083	137	23	,	,	PUNCT
ejge-7083	137	24	were	be	AUX
ejge-7083	137	25	appraised	appraise	VERB
ejge-7083	137	26	above	above	ADP
ejge-7083	137	27	market	market	NOUN
ejge-7083	137	28	prices.3	prices.3	NOUN
ejge-7083	137	29	in	in	ADP
ejge-7083	137	30	this	this	DET
ejge-7083	137	31	context	context	NOUN
ejge-7083	137	32	,	,	PUNCT
ejge-7083	137	33	it	it	PRON
ejge-7083	137	34	was	be	AUX
ejge-7083	137	35	necessary	necessary	ADJ
ejge-7083	137	36	to	to	PART
ejge-7083	137	37	deploy	deploy	VERB
ejge-7083	137	38	resources	resource	NOUN
ejge-7083	137	39	towards	towards	ADP
ejge-7083	137	40	provisioning	provision	VERB
ejge-7083	137	41	to	to	PART
ejge-7083	137	42	cover	cover	VERB
ejge-7083	137	43	losses	loss	NOUN
ejge-7083	137	44	from	from	ADP
ejge-7083	137	45	asset	asset	NOUN
ejge-7083	137	46	impairment	impairment	NOUN
ejge-7083	137	47	.	.	PUNCT
ejge-7083	138	1	the	the	DET
ejge-7083	138	2	above	above	ADV
ejge-7083	138	3	-	-	PUNCT
ejge-7083	138	4	mentioned	mention	VERB
ejge-7083	138	5	decrees	decree	NOUN
ejge-7083	138	6	,	,	PUNCT
ejge-7083	138	7	by	by	ADP
ejge-7083	138	8	requiring	require	VERB
ejge-7083	138	9	provisions	provision	NOUN
ejge-7083	138	10	classified	classify	VERB
ejge-7083	138	11	as	as	ADP
ejge-7083	138	12	a	a	DET
ejge-7083	138	13	normal	normal	ADJ
ejge-7083	138	14	risk	risk	NOUN
ejge-7083	138	15	to	to	PART
ejge-7083	138	16	cover	cover	VERB
ejge-7083	138	17	the	the	DET
ejge-7083	138	18	exposure	exposure	NOUN
ejge-7083	138	19	of	of	ADP
ejge-7083	138	20	the	the	DET
ejge-7083	138	21	real	real	ADJ
ejge-7083	138	22	state	state	NOUN
ejge-7083	138	23	sector	sector	NOUN
ejge-7083	138	24	,	,	PUNCT
ejge-7083	138	25	led	lead	VERB
ejge-7083	138	26	to	to	ADP
ejge-7083	138	27	a	a	DET
ejge-7083	138	28	substantial	substantial	ADJ
ejge-7083	138	29	negative	negative	ADJ
ejge-7083	138	30	value	value	NOUN
ejge-7083	138	31	of	of	ADP
ejge-7083	138	32	the	the	DET
ejge-7083	138	33	roaa	roaa	NOUN
ejge-7083	138	34	in	in	ADP
ejge-7083	138	35	2012	2012	NUM
ejge-7083	138	36	and	and	CCONJ
ejge-7083	138	37	2013.4	2013.4	NUM
ejge-7083	138	38	3	3	NUM
ejge-7083	138	39	martin	martin	PROPN
ejge-7083	138	40	et	et	PROPN
ejge-7083	138	41	al	al	PROPN
ejge-7083	138	42	.	.	PROPN
ejge-7083	139	1	(	(	PUNCT
ejge-7083	139	2	2020	2020	NUM
ejge-7083	139	3	)	)	PUNCT
ejge-7083	139	4	show	show	VERB
ejge-7083	139	5	that	that	SCONJ
ejge-7083	139	6	during	during	ADP
ejge-7083	139	7	the	the	DET
ejge-7083	139	8	housing	housing	NOUN
ejge-7083	139	9	boom	boom	NOUN
ejge-7083	139	10	there	there	PRON
ejge-7083	139	11	was	be	VERB
ejge-7083	139	12	a	a	DET
ejge-7083	139	13	slowdown	slowdown	NOUN
ejge-7083	139	14	in	in	ADP
ejge-7083	139	15	the	the	DET
ejge-7083	139	16	growth	growth	NOUN
ejge-7083	139	17	of	of	ADP
ejge-7083	139	18	non	non	ADJ
ejge-7083	139	19	-	-	ADJ
ejge-7083	139	20	housing	housing	ADJ
ejge-7083	139	21	credit	credit	NOUN
ejge-7083	139	22	.	.	PUNCT
ejge-7083	140	1	as	as	SCONJ
ejge-7083	140	2	such	such	ADJ
ejge-7083	140	3	,	,	PUNCT
ejge-7083	140	4	banks	bank	NOUN
ejge-7083	140	5	'	'	PART
ejge-7083	140	6	assets	asset	NOUN
ejge-7083	140	7	at	at	ADP
ejge-7083	140	8	that	that	DET
ejge-7083	140	9	period	period	NOUN
ejge-7083	140	10	were	be	AUX
ejge-7083	140	11	heavily	heavily	ADV
ejge-7083	140	12	dependent	dependent	ADJ
ejge-7083	140	13	on	on	ADP
ejge-7083	140	14	housing	housing	NOUN
ejge-7083	140	15	credit	credit	NOUN
ejge-7083	140	16	.	.	PUNCT
ejge-7083	141	1	4	4	NUM
ejge-7083	141	2	the	the	DET
ejge-7083	141	3	effort	effort	NOUN
ejge-7083	141	4	in	in	ADP
ejge-7083	141	5	provisioning	provision	VERB
ejge-7083	141	6	(	(	PUNCT
ejge-7083	141	7	provisions	provision	NOUN
ejge-7083	141	8	over	over	ADP
ejge-7083	141	9	gross	gross	ADJ
ejge-7083	141	10	margin	margin	NOUN
ejge-7083	141	11	)	)	PUNCT
ejge-7083	141	12	in	in	ADP
ejge-7083	141	13	the	the	DET
ejge-7083	141	14	period	period	NOUN
ejge-7083	141	15	2000	2000	NUM
ejge-7083	141	16	-	-	SYM
ejge-7083	141	17	2008	2008	NUM
ejge-7083	141	18	was	be	AUX
ejge-7083	141	19	on	on	ADP
ejge-7083	141	20	average	average	ADJ
ejge-7083	141	21	25	25	NUM
ejge-7083	141	22	%	%	NOUN
ejge-7083	141	23	,	,	PUNCT
ejge-7083	141	24	and	and	CCONJ
ejge-7083	141	25	it	it	PRON
ejge-7083	141	26	started	start	VERB
ejge-7083	141	27	to	to	PART
ejge-7083	141	28	grow	grow	VERB
ejge-7083	141	29	with	with	ADP
ejge-7083	141	30	the	the	DET
ejge-7083	141	31	economic	economic	ADJ
ejge-7083	141	32	crisis	crisis	NOUN
ejge-7083	141	33	.	.	PUNCT
ejge-7083	142	1	in	in	ADP
ejge-7083	142	2	2011	2011	NUM
ejge-7083	142	3	,	,	PUNCT
ejge-7083	142	4	it	it	PRON
ejge-7083	142	5	was	be	AUX
ejge-7083	142	6	79	79	NUM
ejge-7083	142	7	%	%	NOUN
ejge-7083	142	8	but	but	CCONJ
ejge-7083	142	9	in	in	ADP
ejge-7083	142	10	2012	2012	NUM
ejge-7083	142	11	it	it	PRON
ejge-7083	142	12	reached	reach	VERB
ejge-7083	142	13	the	the	DET
ejge-7083	142	14	value	value	NOUN
ejge-7083	142	15	of	of	ADP
ejge-7083	142	16	253	253	NUM
ejge-7083	142	17	%	%	NOUN
ejge-7083	142	18	.	.	PUNCT
ejge-7083	143	1	this	this	DET
ejge-7083	143	2	atypical	atypical	ADJ
ejge-7083	143	3	value	value	NOUN
ejge-7083	143	4	has	have	VERB
ejge-7083	143	5	a	a	DET
ejge-7083	143	6	corresponding	corresponding	ADJ
ejge-7083	143	7	effect	effect	NOUN
ejge-7083	143	8	on	on	ADP
ejge-7083	143	9	profits	profit	NOUN
ejge-7083	143	10	before	before	ADP
ejge-7083	143	11	taxes	taxis	NOUN
ejge-7083	143	12	.	.	PUNCT
ejge-7083	144	1	david	david	PROPN
ejge-7083	144	2	boto	boto	PROPN
ejge-7083	144	3	-	-	PUNCT
ejge-7083	144	4	garcía	garcía	VERB
ejge-7083	144	5	et	et	PROPN
ejge-7083	144	6	al	al	PROPN
ejge-7083	144	7	.	.	PUNCT
ejge-7083	144	8	/	/	SYM
ejge-7083	144	9	european	european	PROPN
ejge-7083	144	10	journal	journal	PROPN
ejge-7083	144	11	of	of	ADP
ejge-7083	144	12	government	government	NOUN
ejge-7083	144	13	and	and	CCONJ
ejge-7083	144	14	economics	economic	NOUN
ejge-7083	144	15	10(1	10(1	NUM
ejge-7083	144	16	)	)	PUNCT
ejge-7083	144	17	,	,	PUNCT
ejge-7083	144	18	june	june	PROPN
ejge-7083	144	19	2021	2021	NUM
ejge-7083	144	20	,	,	PUNCT
ejge-7083	144	21	5	5	NUM
ejge-7083	144	22	-	-	SYM
ejge-7083	144	23	29	29	NUM
ejge-7083	144	24	11	11	NUM
ejge-7083	144	25	figure	figure	NOUN
ejge-7083	144	26	1	1	NUM
ejge-7083	144	27	.	.	PUNCT
ejge-7083	144	28	evolution	evolution	NOUN
ejge-7083	144	29	over	over	ADP
ejge-7083	144	30	time	time	NOUN
ejge-7083	144	31	of	of	ADP
ejge-7083	144	32	roaa	roaa	NOUN
ejge-7083	144	33	and	and	CCONJ
ejge-7083	144	34	roae	roae	NOUN
ejge-7083	144	35	(	(	PUNCT
ejge-7083	144	36	in	in	ADP
ejge-7083	144	37	percentage	percentage	NOUN
ejge-7083	144	38	)	)	PUNCT
ejge-7083	144	39	.	.	PUNCT
ejge-7083	145	1	banking	banking	NOUN
ejge-7083	145	2	factors	factor	NOUN
ejge-7083	145	3	(	(	PUNCT
ejge-7083	145	4	𝛽𝛽𝑡𝑡	𝛽𝛽𝑡𝑡	NOUN
ejge-7083	145	5	)	)	PUNCT
ejge-7083	145	6	•	•	ADV
ejge-7083	145	7	performing	perform	VERB
ejge-7083	145	8	loans	loan	NOUN
ejge-7083	145	9	:	:	PUNCT
ejge-7083	145	10	the	the	DET
ejge-7083	145	11	main	main	ADJ
ejge-7083	145	12	activity	activity	NOUN
ejge-7083	145	13	of	of	ADP
ejge-7083	145	14	any	any	DET
ejge-7083	145	15	bank	bank	NOUN
ejge-7083	145	16	is	be	AUX
ejge-7083	145	17	loan	loan	NOUN
ejge-7083	145	18	granting	granting	NOUN
ejge-7083	145	19	.	.	PUNCT
ejge-7083	146	1	theory	theory	NOUN
ejge-7083	146	2	suggests	suggest	VERB
ejge-7083	146	3	that	that	SCONJ
ejge-7083	146	4	the	the	PRON
ejge-7083	146	5	greater	great	ADJ
ejge-7083	146	6	the	the	DET
ejge-7083	146	7	number	number	NOUN
ejge-7083	146	8	of	of	ADP
ejge-7083	146	9	loans	loan	NOUN
ejge-7083	146	10	granted	grant	VERB
ejge-7083	146	11	,	,	PUNCT
ejge-7083	146	12	the	the	PRON
ejge-7083	146	13	higher	high	ADJ
ejge-7083	146	14	the	the	DET
ejge-7083	146	15	results	result	NOUN
ejge-7083	146	16	,	,	PUNCT
ejge-7083	146	17	ceteris	ceteris	NOUN
ejge-7083	146	18	paribus	paribus	NOUN
ejge-7083	146	19	.	.	PUNCT
ejge-7083	147	1	however	however	ADV
ejge-7083	147	2	,	,	PUNCT
ejge-7083	147	3	profits	profit	NOUN
ejge-7083	147	4	do	do	AUX
ejge-7083	147	5	not	not	PART
ejge-7083	147	6	only	only	ADV
ejge-7083	147	7	depend	depend	VERB
ejge-7083	147	8	on	on	ADP
ejge-7083	147	9	the	the	DET
ejge-7083	147	10	loans	loan	NOUN
ejge-7083	147	11	'	'	PART
ejge-7083	147	12	volume	volume	NOUN
ejge-7083	147	13	but	but	CCONJ
ejge-7083	147	14	also	also	ADV
ejge-7083	147	15	on	on	ADP
ejge-7083	147	16	their	their	PRON
ejge-7083	147	17	quality	quality	NOUN
ejge-7083	147	18	.	.	PUNCT
ejge-7083	148	1	specifically	specifically	ADV
ejge-7083	148	2	,	,	PUNCT
ejge-7083	148	3	the	the	DET
ejge-7083	148	4	relevant	relevant	ADJ
ejge-7083	148	5	ones	one	NOUN
ejge-7083	148	6	are	be	AUX
ejge-7083	148	7	performing	perform	VERB
ejge-7083	148	8	loans	loan	NOUN
ejge-7083	148	9	,	,	PUNCT
ejge-7083	148	10	namely	namely	ADV
ejge-7083	148	11	,	,	PUNCT
ejge-7083	148	12	those	those	PRON
ejge-7083	148	13	which	which	PRON
ejge-7083	148	14	generate	generate	VERB
ejge-7083	148	15	earnings	earning	NOUN
ejge-7083	148	16	.	.	PUNCT
ejge-7083	149	1	when	when	SCONJ
ejge-7083	149	2	customers	customer	NOUN
ejge-7083	149	3	can	can	AUX
ejge-7083	149	4	not	not	PART
ejge-7083	149	5	repay	repay	VERB
ejge-7083	149	6	a	a	DET
ejge-7083	149	7	loan	loan	NOUN
ejge-7083	149	8	–	–	PUNCT
ejge-7083	149	9	which	which	PRON
ejge-7083	149	10	results	result	VERB
ejge-7083	149	11	in	in	ADP
ejge-7083	149	12	the	the	DET
ejge-7083	149	13	loan	loan	NOUN
ejge-7083	149	14	being	be	AUX
ejge-7083	149	15	catalogued	catalogue	VERB
ejge-7083	149	16	as	as	ADP
ejge-7083	149	17	in	in	ADP
ejge-7083	149	18	default	default	NOUN
ejge-7083	149	19	–	–	PUNCT
ejge-7083	149	20	,	,	PUNCT
ejge-7083	149	21	5	5	NUM
ejge-7083	149	22	the	the	DET
ejge-7083	149	23	asset	asset	NOUN
ejge-7083	149	24	generates	generate	VERB
ejge-7083	149	25	costs	cost	NOUN
ejge-7083	149	26	related	relate	VERB
ejge-7083	149	27	to	to	ADP
ejge-7083	149	28	its	its	PRON
ejge-7083	149	29	management	management	NOUN
ejge-7083	149	30	and	and	CCONJ
ejge-7083	149	31	the	the	DET
ejge-7083	149	32	required	require	VERB
ejge-7083	149	33	provisioning	provision	VERB
ejge-7083	149	34	allowance	allowance	NOUN
ejge-7083	149	35	.	.	PUNCT
ejge-7083	150	1	due	due	ADP
ejge-7083	150	2	to	to	ADP
ejge-7083	150	3	these	these	DET
ejge-7083	150	4	reasons	reason	NOUN
ejge-7083	150	5	,	,	PUNCT
ejge-7083	150	6	we	we	PRON
ejge-7083	150	7	employ	employ	VERB
ejge-7083	150	8	the	the	DET
ejge-7083	150	9	stock	stock	NOUN
ejge-7083	150	10	of	of	ADP
ejge-7083	150	11	total	total	ADJ
ejge-7083	150	12	loans	loan	NOUN
ejge-7083	150	13	once	once	ADV
ejge-7083	150	14	discounted	discount	VERB
ejge-7083	150	15	those	those	PRON
ejge-7083	150	16	considered	consider	VERB
ejge-7083	150	17	as	as	SCONJ
ejge-7083	150	18	defaulted	default	VERB
ejge-7083	150	19	.	.	PUNCT
ejge-7083	151	1	we	we	PRON
ejge-7083	151	2	expect	expect	VERB
ejge-7083	151	3	this	this	DET
ejge-7083	151	4	variable	variable	NOUN
ejge-7083	151	5	to	to	PART
ejge-7083	151	6	be	be	AUX
ejge-7083	151	7	positively	positively	ADV
ejge-7083	151	8	associated	associate	VERB
ejge-7083	151	9	with	with	ADP
ejge-7083	151	10	profitability	profitability	NOUN
ejge-7083	151	11	.	.	PUNCT
ejge-7083	152	1	the	the	DET
ejge-7083	152	2	performing	perform	VERB
ejge-7083	152	3	loans	loan	NOUN
ejge-7083	152	4	variable	variable	NOUN
ejge-7083	152	5	has	have	AUX
ejge-7083	152	6	been	be	AUX
ejge-7083	152	7	obtained	obtain	VERB
ejge-7083	152	8	as	as	ADP
ejge-7083	152	9	the	the	DET
ejge-7083	152	10	difference	difference	NOUN
ejge-7083	152	11	between	between	ADP
ejge-7083	152	12	the	the	DET
ejge-7083	152	13	total	total	ADJ
ejge-7083	152	14	loans	loan	NOUN
ejge-7083	152	15	stock	stock	NOUN
ejge-7083	152	16	and	and	CCONJ
ejge-7083	152	17	the	the	DET
ejge-7083	152	18	defaulted	defaulted	ADJ
ejge-7083	152	19	loans	loan	NOUN
ejge-7083	152	20	per	per	ADP
ejge-7083	152	21	quarter	quarter	NOUN
ejge-7083	152	22	.	.	PUNCT
ejge-7083	153	1	this	this	DET
ejge-7083	153	2	information	information	NOUN
ejge-7083	153	3	is	be	AUX
ejge-7083	153	4	obtained	obtain	VERB
ejge-7083	153	5	from	from	ADP
ejge-7083	153	6	the	the	DET
ejge-7083	153	7	bank	bank	PROPN
ejge-7083	153	8	of	of	ADP
ejge-7083	153	9	spain	spain	PROPN
ejge-7083	153	10	statistical	statistical	ADJ
ejge-7083	153	11	bulletin	bulletin	NOUN
ejge-7083	153	12	.	.	PUNCT
ejge-7083	154	1	the	the	DET
ejge-7083	154	2	original	original	ADJ
ejge-7083	154	3	variable	variable	NOUN
ejge-7083	154	4	has	have	AUX
ejge-7083	154	5	been	be	AUX
ejge-7083	154	6	deflated	deflate	VERB
ejge-7083	154	7	by	by	ADP
ejge-7083	154	8	the	the	DET
ejge-7083	154	9	consumer	consumer	NOUN
ejge-7083	154	10	price	price	NOUN
ejge-7083	154	11	index	index	NOUN
ejge-7083	154	12	(	(	PUNCT
ejge-7083	154	13	base	base	NOUN
ejge-7083	154	14	2011	2011	NUM
ejge-7083	154	15	)	)	PUNCT
ejge-7083	154	16	and	and	CCONJ
ejge-7083	154	17	is	be	AUX
ejge-7083	154	18	measured	measure	VERB
ejge-7083	154	19	in	in	ADP
ejge-7083	154	20	million	million	NUM
ejge-7083	154	21	euros	euro	NOUN
ejge-7083	154	22	.	.	PUNCT
ejge-7083	155	1	•	•	NUM
ejge-7083	155	2	ecb	ecb	NOUN
ejge-7083	155	3	assets	asset	NOUN
ejge-7083	155	4	:	:	PUNCT
ejge-7083	155	5	as	as	SCONJ
ejge-7083	155	6	discussed	discuss	VERB
ejge-7083	155	7	in	in	ADP
ejge-7083	155	8	section	section	NOUN
ejge-7083	155	9	2	2	NUM
ejge-7083	155	10	,	,	PUNCT
ejge-7083	155	11	the	the	DET
ejge-7083	155	12	european	european	ADJ
ejge-7083	155	13	central	central	PROPN
ejge-7083	155	14	has	have	AUX
ejge-7083	155	15	undertaken	undertake	VERB
ejge-7083	155	16	several	several	ADJ
ejge-7083	155	17	unconventional	unconventional	ADJ
ejge-7083	155	18	monetary	monetary	ADJ
ejge-7083	155	19	policies	policy	NOUN
ejge-7083	155	20	(	(	PUNCT
ejge-7083	155	21	umps	ump	NOUN
ejge-7083	155	22	)	)	PUNCT
ejge-7083	155	23	.	.	PUNCT
ejge-7083	156	1	for	for	ADP
ejge-7083	156	2	instance	instance	NOUN
ejge-7083	156	3	,	,	PUNCT
ejge-7083	156	4	by	by	ADP
ejge-7083	156	5	providing	provide	VERB
ejge-7083	156	6	liquidity	liquidity	NOUN
ejge-7083	156	7	in	in	ADP
ejge-7083	156	8	exchange	exchange	NOUN
ejge-7083	156	9	for	for	ADP
ejge-7083	156	10	low	low	ADJ
ejge-7083	156	11	-	-	PUNCT
ejge-7083	156	12	quality	quality	NOUN
ejge-7083	156	13	assets	asset	NOUN
ejge-7083	156	14	,	,	PUNCT
ejge-7083	156	15	banks	bank	NOUN
ejge-7083	156	16	have	have	AUX
ejge-7083	156	17	been	be	AUX
ejge-7083	156	18	allowed	allow	VERB
ejge-7083	156	19	to	to	PART
ejge-7083	156	20	cleanse	cleanse	VERB
ejge-7083	156	21	deteriorated	deteriorated	ADJ
ejge-7083	156	22	balance	balance	NOUN
ejge-7083	156	23	sheets	sheet	NOUN
ejge-7083	156	24	.	.	PUNCT
ejge-7083	157	1	mamatzakis	mamatzakis	PROPN
ejge-7083	157	2	&	&	CCONJ
ejge-7083	157	3	bermpei	bermpei	PROPN
ejge-7083	157	4	(	(	PUNCT
ejge-7083	157	5	2016	2016	NUM
ejge-7083	157	6	)	)	PUNCT
ejge-7083	157	7	document	document	NOUN
ejge-7083	157	8	that	that	PRON
ejge-7083	157	9	increases	increase	VERB
ejge-7083	157	10	in	in	ADP
ejge-7083	157	11	the	the	DET
ejge-7083	157	12	fed	fed	PROPN
ejge-7083	157	13	'	'	PART
ejge-7083	157	14	assets	asset	NOUN
ejge-7083	157	15	are	be	AUX
ejge-7083	157	16	negatively	negatively	ADV
ejge-7083	157	17	associated	associate	VERB
ejge-7083	157	18	with	with	ADP
ejge-7083	157	19	bank	bank	NOUN
ejge-7083	157	20	profitability	profitability	NOUN
ejge-7083	157	21	in	in	ADP
ejge-7083	157	22	the	the	DET
ejge-7083	157	23	usa	usa	PROPN
ejge-7083	157	24	,	,	PUNCT
ejge-7083	157	25	while	while	SCONJ
ejge-7083	157	26	tercero	tercero	NOUN
ejge-7083	157	27	-	-	PUNCT
ejge-7083	157	28	lucas	lucas	PROPN
ejge-7083	157	29	does	do	AUX
ejge-7083	157	30	not	not	PART
ejge-7083	157	31	find	find	VERB
ejge-7083	157	32	a	a	DET
ejge-7083	157	33	significant	significant	ADJ
ejge-7083	157	34	effect	effect	NOUN
ejge-7083	157	35	of	of	ADP
ejge-7083	157	36	ecb	ecb	NOUN
ejge-7083	157	37	's	's	PART
ejge-7083	157	38	assets	asset	NOUN
ejge-7083	157	39	growth	growth	NOUN
ejge-7083	157	40	on	on	ADP
ejge-7083	157	41	spanish	spanish	ADJ
ejge-7083	157	42	bank	bank	NOUN
ejge-7083	157	43	's	's	PART
ejge-7083	157	44	roa	roa	NOUN
ejge-7083	157	45	.	.	PROPN
ejge-7083	157	46	5	5	NUM
ejge-7083	157	47	the	the	DET
ejge-7083	157	48	bank	bank	PROPN
ejge-7083	157	49	of	of	ADP
ejge-7083	157	50	spain	spain	PROPN
ejge-7083	157	51	defines	define	VERB
ejge-7083	157	52	defaulted	default	VERB
ejge-7083	157	53	loans	loan	NOUN
ejge-7083	157	54	as	as	ADP
ejge-7083	157	55	those	those	PRON
ejge-7083	157	56	with	with	ADP
ejge-7083	157	57	any	any	DET
ejge-7083	157	58	expired	expired	ADJ
ejge-7083	157	59	amounts	amount	NOUN
ejge-7083	157	60	,	,	PUNCT
ejge-7083	157	61	either	either	PRON
ejge-7083	157	62	of	of	ADP
ejge-7083	157	63	the	the	DET
ejge-7083	157	64	principal	principal	NOUN
ejge-7083	157	65	,	,	PUNCT
ejge-7083	157	66	the	the	DET
ejge-7083	157	67	interests	interest	NOUN
ejge-7083	157	68	or	or	CCONJ
ejge-7083	157	69	of	of	ADP
ejge-7083	157	70	the	the	DET
ejge-7083	157	71	expenditures	expenditure	NOUN
ejge-7083	157	72	contractually	contractually	ADV
ejge-7083	157	73	agreed	agree	VERB
ejge-7083	157	74	,	,	PUNCT
ejge-7083	157	75	with	with	ADP
ejge-7083	157	76	more	more	ADJ
ejge-7083	157	77	than	than	ADP
ejge-7083	157	78	three	three	NUM
ejge-7083	157	79	months	month	NOUN
ejge-7083	157	80	of	of	ADP
ejge-7083	157	81	delay	delay	NOUN
ejge-7083	157	82	.	.	PUNCT
ejge-7083	158	1	david	david	PROPN
ejge-7083	158	2	boto	boto	PROPN
ejge-7083	158	3	-	-	PUNCT
ejge-7083	158	4	garcía	garcía	VERB
ejge-7083	158	5	et	et	PROPN
ejge-7083	158	6	al	al	PROPN
ejge-7083	158	7	.	.	PUNCT
ejge-7083	158	8	/	/	SYM
ejge-7083	158	9	european	european	PROPN
ejge-7083	158	10	journal	journal	PROPN
ejge-7083	158	11	of	of	ADP
ejge-7083	158	12	government	government	NOUN
ejge-7083	158	13	and	and	CCONJ
ejge-7083	158	14	economics	economic	NOUN
ejge-7083	158	15	10(1	10(1	NUM
ejge-7083	158	16	)	)	PUNCT
ejge-7083	158	17	,	,	PUNCT
ejge-7083	158	18	june	june	PROPN
ejge-7083	158	19	2021	2021	NUM
ejge-7083	158	20	,	,	PUNCT
ejge-7083	158	21	5	5	NUM
ejge-7083	158	22	-	-	SYM
ejge-7083	158	23	29	29	NUM
ejge-7083	158	24	12	12	NUM
ejge-7083	158	25	to	to	PART
ejge-7083	158	26	control	control	VERB
ejge-7083	158	27	for	for	ADP
ejge-7083	158	28	this	this	DET
ejge-7083	158	29	quantitative	quantitative	ADJ
ejge-7083	158	30	easing	ease	VERB
ejge-7083	158	31	(	(	PUNCT
ejge-7083	158	32	liquidity	liquidity	NOUN
ejge-7083	158	33	injections	injection	NOUN
ejge-7083	158	34	)	)	PUNCT
ejge-7083	158	35	,	,	PUNCT
ejge-7083	158	36	we	we	PRON
ejge-7083	158	37	take	take	VERB
ejge-7083	158	38	the	the	DET
ejge-7083	158	39	value	value	NOUN
ejge-7083	158	40	of	of	ADP
ejge-7083	158	41	ecb	ecb	NOUN
ejge-7083	158	42	assets	asset	NOUN
ejge-7083	158	43	for	for	ADP
ejge-7083	158	44	the	the	DET
ejge-7083	158	45	euro	euro	PROPN
ejge-7083	158	46	area	area	NOUN
ejge-7083	158	47	as	as	ADP
ejge-7083	158	48	an	an	DET
ejge-7083	158	49	indicator	indicator	NOUN
ejge-7083	158	50	of	of	ADP
ejge-7083	158	51	the	the	DET
ejge-7083	158	52	asset	asset	NOUN
ejge-7083	158	53	purchase	purchase	NOUN
ejge-7083	158	54	programs	program	NOUN
ejge-7083	158	55	.	.	PUNCT
ejge-7083	159	1	this	this	DET
ejge-7083	159	2	variable	variable	NOUN
ejge-7083	159	3	is	be	AUX
ejge-7083	159	4	retrieved	retrieve	VERB
ejge-7083	159	5	from	from	ADP
ejge-7083	159	6	the	the	DET
ejge-7083	159	7	ecb	ecb	PROPN
ejge-7083	159	8	statistical	statistical	ADJ
ejge-7083	159	9	database	database	NOUN
ejge-7083	159	10	and	and	CCONJ
ejge-7083	159	11	is	be	AUX
ejge-7083	159	12	expressed	express	VERB
ejge-7083	159	13	in	in	ADP
ejge-7083	159	14	million	million	NUM
ejge-7083	159	15	euros	euro	NOUN
ejge-7083	159	16	(	(	PUNCT
ejge-7083	159	17	also	also	ADV
ejge-7083	159	18	deflated	deflate	VERB
ejge-7083	159	19	by	by	ADP
ejge-7083	159	20	the	the	DET
ejge-7083	159	21	consumer	consumer	NOUN
ejge-7083	159	22	price	price	NOUN
ejge-7083	159	23	index	index	NOUN
ejge-7083	159	24	)	)	PUNCT
ejge-7083	159	25	.	.	PUNCT
ejge-7083	160	1	since	since	SCONJ
ejge-7083	160	2	previous	previous	ADJ
ejge-7083	160	3	literature	literature	NOUN
ejge-7083	160	4	on	on	ADP
ejge-7083	160	5	its	its	PRON
ejge-7083	160	6	effect	effect	NOUN
ejge-7083	160	7	is	be	AUX
ejge-7083	160	8	scarce	scarce	ADJ
ejge-7083	160	9	,	,	PUNCT
ejge-7083	160	10	we	we	PRON
ejge-7083	160	11	do	do	AUX
ejge-7083	160	12	not	not	PART
ejge-7083	160	13	have	have	VERB
ejge-7083	160	14	a	a	DET
ejge-7083	160	15	clear	clear	ADJ
ejge-7083	160	16	expectation	expectation	NOUN
ejge-7083	160	17	about	about	ADP
ejge-7083	160	18	the	the	DET
ejge-7083	160	19	sign	sign	NOUN
ejge-7083	160	20	of	of	ADP
ejge-7083	160	21	this	this	DET
ejge-7083	160	22	variable	variable	NOUN
ejge-7083	160	23	.	.	PUNCT
ejge-7083	161	1	•	•	NUM
ejge-7083	161	2	12	12	NUM
ejge-7083	161	3	-	-	PUNCT
ejge-7083	161	4	month	month	NOUN
ejge-7083	161	5	euribor	euribor	NOUN
ejge-7083	161	6	:	:	PUNCT
ejge-7083	161	7	banks	bank	NOUN
ejge-7083	161	8	use	use	VERB
ejge-7083	161	9	euribor	euribor	NOUN
ejge-7083	161	10	as	as	ADP
ejge-7083	161	11	a	a	DET
ejge-7083	161	12	reference	reference	NOUN
ejge-7083	161	13	for	for	ADP
ejge-7083	161	14	fixing	fix	VERB
ejge-7083	161	15	the	the	DET
ejge-7083	161	16	prices	price	NOUN
ejge-7083	161	17	of	of	ADP
ejge-7083	161	18	many	many	ADJ
ejge-7083	161	19	of	of	ADP
ejge-7083	161	20	their	their	PRON
ejge-7083	161	21	financial	financial	ADJ
ejge-7083	161	22	products	product	NOUN
ejge-7083	161	23	.	.	PUNCT
ejge-7083	162	1	the	the	DET
ejge-7083	162	2	effect	effect	NOUN
ejge-7083	162	3	of	of	ADP
ejge-7083	162	4	a	a	DET
ejge-7083	162	5	rise	rise	NOUN
ejge-7083	162	6	in	in	ADP
ejge-7083	162	7	the	the	DET
ejge-7083	162	8	euribor	euribor	PROPN
ejge-7083	162	9	rate	rate	NOUN
ejge-7083	162	10	on	on	ADP
ejge-7083	162	11	profitability	profitability	NOUN
ejge-7083	162	12	may	may	AUX
ejge-7083	162	13	depend	depend	VERB
ejge-7083	162	14	on	on	ADP
ejge-7083	162	15	how	how	SCONJ
ejge-7083	162	16	they	they	PRON
ejge-7083	162	17	are	be	AUX
ejge-7083	162	18	able	able	ADJ
ejge-7083	162	19	to	to	PART
ejge-7083	162	20	shift	shift	VERB
ejge-7083	162	21	this	this	DET
ejge-7083	162	22	increase	increase	NOUN
ejge-7083	162	23	onto	onto	ADP
ejge-7083	162	24	asset	asset	NOUN
ejge-7083	162	25	prices	price	NOUN
ejge-7083	162	26	.	.	PUNCT
ejge-7083	163	1	on	on	ADP
ejge-7083	163	2	the	the	DET
ejge-7083	163	3	one	one	NUM
ejge-7083	163	4	hand	hand	NOUN
ejge-7083	163	5	,	,	PUNCT
ejge-7083	163	6	because	because	SCONJ
ejge-7083	163	7	some	some	PRON
ejge-7083	163	8	of	of	ADP
ejge-7083	163	9	the	the	DET
ejge-7083	163	10	asset	asset	NOUN
ejge-7083	163	11	products	product	NOUN
ejge-7083	163	12	have	have	VERB
ejge-7083	163	13	an	an	DET
ejge-7083	163	14	interest	interest	NOUN
ejge-7083	163	15	rate	rate	NOUN
ejge-7083	163	16	that	that	PRON
ejge-7083	163	17	is	be	AUX
ejge-7083	163	18	linked	link	VERB
ejge-7083	163	19	to	to	ADP
ejge-7083	163	20	euribor	euribor	PROPN
ejge-7083	163	21	(	(	PUNCT
ejge-7083	163	22	e.g.	e.g.	ADV
ejge-7083	163	23	mortgages	mortgage	NOUN
ejge-7083	163	24	with	with	ADP
ejge-7083	163	25	variable	variable	ADJ
ejge-7083	163	26	rates	rate	NOUN
ejge-7083	163	27	)	)	PUNCT
ejge-7083	163	28	,	,	PUNCT
ejge-7083	163	29	if	if	SCONJ
ejge-7083	163	30	euribor	euribor	PROPN
ejge-7083	163	31	rises	rise	VERB
ejge-7083	163	32	the	the	DET
ejge-7083	163	33	interest	interest	NOUN
ejge-7083	163	34	rates	rate	NOUN
ejge-7083	163	35	banks	bank	NOUN
ejge-7083	163	36	charge	charge	VERB
ejge-7083	163	37	on	on	ADP
ejge-7083	163	38	their	their	PRON
ejge-7083	163	39	variable	variable	ADJ
ejge-7083	163	40	-	-	PUNCT
ejge-7083	163	41	rate	rate	NOUN
ejge-7083	163	42	loans	loan	NOUN
ejge-7083	163	43	will	will	AUX
ejge-7083	163	44	also	also	ADV
ejge-7083	163	45	increase	increase	VERB
ejge-7083	163	46	,	,	PUNCT
ejge-7083	163	47	although	although	SCONJ
ejge-7083	163	48	with	with	ADP
ejge-7083	163	49	a	a	DET
ejge-7083	163	50	lag	lag	NOUN
ejge-7083	163	51	as	as	SCONJ
ejge-7083	163	52	rates	rate	NOUN
ejge-7083	163	53	on	on	ADP
ejge-7083	163	54	most	most	ADJ
ejge-7083	163	55	of	of	ADP
ejge-7083	163	56	these	these	DET
ejge-7083	163	57	loans	loan	NOUN
ejge-7083	163	58	are	be	AUX
ejge-7083	163	59	revised	revise	VERB
ejge-7083	163	60	every	every	DET
ejge-7083	163	61	six	six	NUM
ejge-7083	163	62	months	month	NOUN
ejge-7083	163	63	.	.	PUNCT
ejge-7083	164	1	on	on	ADP
ejge-7083	164	2	the	the	DET
ejge-7083	164	3	other	other	ADJ
ejge-7083	164	4	hand	hand	NOUN
ejge-7083	164	5	,	,	PUNCT
ejge-7083	164	6	if	if	SCONJ
ejge-7083	164	7	there	there	PRON
ejge-7083	164	8	is	be	VERB
ejge-7083	164	9	an	an	DET
ejge-7083	164	10	increase	increase	NOUN
ejge-7083	164	11	in	in	ADP
ejge-7083	164	12	the	the	DET
ejge-7083	164	13	funding	funding	NOUN
ejge-7083	164	14	cost	cost	NOUN
ejge-7083	164	15	in	in	ADP
ejge-7083	164	16	the	the	DET
ejge-7083	164	17	inter	inter	ADJ
ejge-7083	164	18	-	-	ADJ
ejge-7083	164	19	bank	bank	ADJ
ejge-7083	164	20	market	market	NOUN
ejge-7083	164	21	,	,	PUNCT
ejge-7083	164	22	banks	bank	NOUN
ejge-7083	164	23	may	may	AUX
ejge-7083	164	24	compete	compete	VERB
ejge-7083	164	25	with	with	ADP
ejge-7083	164	26	each	each	DET
ejge-7083	164	27	other	other	ADJ
ejge-7083	164	28	to	to	PART
ejge-7083	164	29	fund	fund	VERB
ejge-7083	164	30	themselves	themselves	PRON
ejge-7083	164	31	via	via	ADP
ejge-7083	164	32	deposits	deposit	NOUN
ejge-7083	164	33	,	,	PUNCT
ejge-7083	164	34	thus	thus	ADV
ejge-7083	164	35	pushing	push	VERB
ejge-7083	164	36	liability	liability	NOUN
ejge-7083	164	37	rates	rate	NOUN
ejge-7083	164	38	up	up	ADP
ejge-7083	164	39	.	.	PUNCT
ejge-7083	165	1	therefore	therefore	ADV
ejge-7083	165	2	,	,	PUNCT
ejge-7083	165	3	the	the	DET
ejge-7083	165	4	total	total	ADJ
ejge-7083	165	5	effect	effect	NOUN
ejge-7083	165	6	of	of	ADP
ejge-7083	165	7	euribor	euribor	NOUN
ejge-7083	165	8	on	on	ADP
ejge-7083	165	9	profits	profit	NOUN
ejge-7083	165	10	will	will	AUX
ejge-7083	165	11	depend	depend	VERB
ejge-7083	165	12	on	on	ADP
ejge-7083	165	13	the	the	DET
ejge-7083	165	14	relative	relative	ADJ
ejge-7083	165	15	evolution	evolution	NOUN
ejge-7083	165	16	of	of	ADP
ejge-7083	165	17	asset	asset	NOUN
ejge-7083	165	18	and	and	CCONJ
ejge-7083	165	19	liability	liability	NOUN
ejge-7083	165	20	rates	rate	NOUN
ejge-7083	165	21	.	.	PUNCT
ejge-7083	166	1	in	in	ADP
ejge-7083	166	2	practice	practice	NOUN
ejge-7083	166	3	,	,	PUNCT
ejge-7083	166	4	liability	liability	NOUN
ejge-7083	166	5	rates	rate	NOUN
ejge-7083	166	6	tend	tend	VERB
ejge-7083	166	7	to	to	PART
ejge-7083	166	8	reprice	reprice	VERB
ejge-7083	166	9	faster	fast	ADV
ejge-7083	166	10	than	than	ADP
ejge-7083	166	11	asset	asset	NOUN
ejge-7083	166	12	rates	rate	NOUN
ejge-7083	166	13	,	,	PUNCT
ejge-7083	166	14	so	so	SCONJ
ejge-7083	166	15	it	it	PRON
ejge-7083	166	16	is	be	AUX
ejge-7083	166	17	possible	possible	ADJ
ejge-7083	166	18	that	that	SCONJ
ejge-7083	166	19	a	a	DET
ejge-7083	166	20	decrease	decrease	NOUN
ejge-7083	166	21	in	in	ADP
ejge-7083	166	22	euribor	euribor	PROPN
ejge-7083	166	23	causes	cause	VERB
ejge-7083	166	24	an	an	DET
ejge-7083	166	25	increase	increase	NOUN
ejge-7083	166	26	in	in	ADP
ejge-7083	166	27	the	the	DET
ejge-7083	166	28	slope	slope	NOUN
ejge-7083	166	29	of	of	ADP
ejge-7083	166	30	the	the	DET
ejge-7083	166	31	interest	interest	NOUN
ejge-7083	166	32	rate	rate	NOUN
ejge-7083	166	33	curve	curve	NOUN
ejge-7083	166	34	.	.	PUNCT
ejge-7083	167	1	this	this	PRON
ejge-7083	167	2	does	do	AUX
ejge-7083	167	3	not	not	PART
ejge-7083	167	4	imply	imply	VERB
ejge-7083	167	5	that	that	SCONJ
ejge-7083	167	6	net	net	ADJ
ejge-7083	167	7	interest	interest	NOUN
ejge-7083	167	8	income	income	NOUN
ejge-7083	167	9	will	will	AUX
ejge-7083	167	10	necessarily	necessarily	ADV
ejge-7083	167	11	increase	increase	VERB
ejge-7083	167	12	,	,	PUNCT
ejge-7083	167	13	as	as	SCONJ
ejge-7083	167	14	it	it	PRON
ejge-7083	167	15	also	also	ADV
ejge-7083	167	16	depends	depend	VERB
ejge-7083	167	17	on	on	ADP
ejge-7083	167	18	the	the	DET
ejge-7083	167	19	"	"	PUNCT
ejge-7083	167	20	"	"	PUNCT
ejge-7083	167	21	volume	volume	NOUN
ejge-7083	167	22	"	"	PUNCT
ejge-7083	167	23	"	"	PUNCT
ejge-7083	167	24	effect	effect	NOUN
ejge-7083	167	25	.	.	PUNCT
ejge-7083	168	1	it	it	PRON
ejge-7083	168	2	thus	thus	ADV
ejge-7083	168	3	remains	remain	VERB
ejge-7083	168	4	to	to	PART
ejge-7083	168	5	be	be	AUX
ejge-7083	168	6	empirically	empirically	ADV
ejge-7083	168	7	answered	answer	VERB
ejge-7083	168	8	the	the	DET
ejge-7083	168	9	effect	effect	NOUN
ejge-7083	168	10	of	of	ADP
ejge-7083	168	11	the	the	DET
ejge-7083	168	12	euribor	euribor	PROPN
ejge-7083	168	13	rate	rate	NOUN
ejge-7083	168	14	on	on	ADP
ejge-7083	168	15	profitability	profitability	NOUN
ejge-7083	168	16	.	.	PUNCT
ejge-7083	169	1	here	here	ADV
ejge-7083	169	2	we	we	PRON
ejge-7083	169	3	employ	employ	VERB
ejge-7083	169	4	the	the	DET
ejge-7083	169	5	quarterly	quarterly	ADJ
ejge-7083	169	6	12	12	NUM
ejge-7083	169	7	-	-	PUNCT
ejge-7083	169	8	month	month	NOUN
ejge-7083	169	9	euribor	euribor	PROPN
ejge-7083	169	10	rate	rate	NOUN
ejge-7083	169	11	after	after	ADP
ejge-7083	169	12	discounting	discount	VERB
ejge-7083	169	13	the	the	DET
ejge-7083	169	14	inter	inter	ADJ
ejge-7083	169	15	-	-	ADJ
ejge-7083	169	16	annual	annual	ADJ
ejge-7083	169	17	inflation	inflation	NOUN
ejge-7083	169	18	rate	rate	NOUN
ejge-7083	169	19	.	.	PUNCT
ejge-7083	170	1	the	the	DET
ejge-7083	170	2	data	datum	NOUN
ejge-7083	170	3	is	be	AUX
ejge-7083	170	4	drawn	draw	VERB
ejge-7083	170	5	from	from	ADP
ejge-7083	170	6	the	the	DET
ejge-7083	170	7	bank	bank	PROPN
ejge-7083	170	8	of	of	ADP
ejge-7083	170	9	spain	spain	PROPN
ejge-7083	170	10	,	,	PUNCT
ejge-7083	170	11	which	which	PRON
ejge-7083	170	12	supplies	supply	VERB
ejge-7083	170	13	the	the	DET
ejge-7083	170	14	value	value	NOUN
ejge-7083	170	15	it	it	PRON
ejge-7083	170	16	would	would	AUX
ejge-7083	170	17	have	have	AUX
ejge-7083	170	18	taken	take	VERB
ejge-7083	170	19	in	in	ADP
ejge-7083	170	20	the	the	DET
ejge-7083	170	21	period	period	NOUN
ejge-7083	170	22	1995	1995	NUM
ejge-7083	170	23	-	-	SYM
ejge-7083	170	24	2000	2000	NUM
ejge-7083	170	25	as	as	ADP
ejge-7083	170	26	a	a	DET
ejge-7083	170	27	weighted	weighted	ADJ
ejge-7083	170	28	average	average	NOUN
ejge-7083	170	29	of	of	ADP
ejge-7083	170	30	the	the	DET
ejge-7083	170	31	national	national	ADJ
ejge-7083	170	32	inter	inter	ADJ
ejge-7083	170	33	-	-	ADJ
ejge-7083	170	34	bank	bank	ADJ
ejge-7083	170	35	interest	interest	NOUN
ejge-7083	170	36	rates	rate	NOUN
ejge-7083	170	37	of	of	ADP
ejge-7083	170	38	the	the	DET
ejge-7083	170	39	euro	euro	PROPN
ejge-7083	170	40	zone	zone	NOUN
ejge-7083	170	41	countries	country	NOUN
ejge-7083	170	42	in	in	ADP
ejge-7083	170	43	that	that	DET
ejge-7083	170	44	period	period	NOUN
ejge-7083	170	45	.	.	PUNCT
ejge-7083	171	1	for	for	ADP
ejge-7083	171	2	robustness	robustness	NOUN
ejge-7083	171	3	,	,	PUNCT
ejge-7083	171	4	we	we	PRON
ejge-7083	171	5	also	also	ADV
ejge-7083	171	6	use	use	VERB
ejge-7083	171	7	the	the	DET
ejge-7083	171	8	3month	3month	PROPN
ejge-7083	171	9	euribor	euribor	NOUN
ejge-7083	171	10	rate	rate	NOUN
ejge-7083	171	11	,	,	PUNCT
ejge-7083	171	12	obtained	obtain	VERB
ejge-7083	171	13	from	from	ADP
ejge-7083	171	14	the	the	DET
ejge-7083	171	15	same	same	ADJ
ejge-7083	171	16	data	datum	NOUN
ejge-7083	171	17	source	source	NOUN
ejge-7083	171	18	.	.	PUNCT
ejge-7083	172	1	•	•	NUM
ejge-7083	172	2	10	10	NUM
ejge-7083	172	3	-	-	PUNCT
ejge-7083	172	4	year	year	NOUN
ejge-7083	172	5	sovereign	sovereign	ADJ
ejge-7083	172	6	bond	bond	NOUN
ejge-7083	172	7	yield	yield	NOUN
ejge-7083	172	8	:	:	PUNCT
ejge-7083	172	9	banks	bank	NOUN
ejge-7083	172	10	usually	usually	ADV
ejge-7083	172	11	obtain	obtain	VERB
ejge-7083	172	12	funding	funding	NOUN
ejge-7083	172	13	in	in	ADP
ejge-7083	172	14	the	the	DET
ejge-7083	172	15	short	short	ADJ
ejge-7083	172	16	-	-	PUNCT
ejge-7083	172	17	run	run	NOUN
ejge-7083	172	18	,	,	PUNCT
ejge-7083	172	19	but	but	CCONJ
ejge-7083	172	20	they	they	PRON
ejge-7083	172	21	lend	lend	VERB
ejge-7083	172	22	in	in	ADP
ejge-7083	172	23	the	the	DET
ejge-7083	172	24	long	long	ADJ
ejge-7083	172	25	run	run	NOUN
ejge-7083	172	26	(	(	PUNCT
ejge-7083	172	27	maturity	maturity	NOUN
ejge-7083	172	28	mismatch	mismatch	NOUN
ejge-7083	172	29	)	)	PUNCT
ejge-7083	172	30	.	.	PUNCT
ejge-7083	173	1	consequently	consequently	ADV
ejge-7083	173	2	,	,	PUNCT
ejge-7083	173	3	to	to	PART
ejge-7083	173	4	analyse	analyse	VERB
ejge-7083	173	5	the	the	DET
ejge-7083	173	6	effect	effect	NOUN
ejge-7083	173	7	on	on	ADP
ejge-7083	173	8	profitability	profitability	NOUN
ejge-7083	173	9	of	of	ADP
ejge-7083	173	10	a	a	DET
ejge-7083	173	11	change	change	NOUN
ejge-7083	173	12	in	in	ADP
ejge-7083	173	13	interest	interest	NOUN
ejge-7083	173	14	rates	rate	NOUN
ejge-7083	173	15	,	,	PUNCT
ejge-7083	173	16	it	it	PRON
ejge-7083	173	17	seems	seem	VERB
ejge-7083	173	18	better	well	ADJ
ejge-7083	173	19	to	to	PART
ejge-7083	173	20	consider	consider	VERB
ejge-7083	173	21	the	the	DET
ejge-7083	173	22	difference	difference	NOUN
ejge-7083	173	23	between	between	ADP
ejge-7083	173	24	long	long	ADV
ejge-7083	173	25	-	-	PUNCT
ejge-7083	173	26	run	run	VERB
ejge-7083	173	27	and	and	CCONJ
ejge-7083	173	28	short	short	ADJ
ejge-7083	173	29	-	-	PUNCT
ejge-7083	173	30	run	run	NOUN
ejge-7083	173	31	interest	interest	NOUN
ejge-7083	173	32	rates	rate	NOUN
ejge-7083	173	33	.	.	PUNCT
ejge-7083	174	1	this	this	PRON
ejge-7083	174	2	is	be	AUX
ejge-7083	174	3	also	also	ADV
ejge-7083	174	4	known	know	VERB
ejge-7083	174	5	as	as	ADP
ejge-7083	174	6	the	the	DET
ejge-7083	174	7	slope	slope	NOUN
ejge-7083	174	8	of	of	ADP
ejge-7083	174	9	the	the	DET
ejge-7083	174	10	yield	yield	NOUN
ejge-7083	174	11	curve	curve	NOUN
ejge-7083	174	12	.	.	PUNCT
ejge-7083	175	1	indeed	indeed	ADV
ejge-7083	175	2	,	,	PUNCT
ejge-7083	175	3	the	the	DET
ejge-7083	175	4	sector	sector	NOUN
ejge-7083	175	5	has	have	AUX
ejge-7083	175	6	traditionally	traditionally	ADV
ejge-7083	175	7	considered	consider	VERB
ejge-7083	175	8	that	that	SCONJ
ejge-7083	175	9	the	the	DET
ejge-7083	175	10	steepness	steepness	NOUN
ejge-7083	175	11	of	of	ADP
ejge-7083	175	12	the	the	DET
ejge-7083	175	13	yield	yield	NOUN
ejge-7083	175	14	curve	curve	NOUN
ejge-7083	175	15	positively	positively	ADV
ejge-7083	175	16	contributes	contribute	VERB
ejge-7083	175	17	to	to	ADP
ejge-7083	175	18	bank	bank	NOUN
ejge-7083	175	19	results	result	NOUN
ejge-7083	175	20	.	.	PUNCT
ejge-7083	176	1	in	in	ADP
ejge-7083	176	2	this	this	DET
ejge-7083	176	3	vein	vein	NOUN
ejge-7083	176	4	,	,	PUNCT
ejge-7083	176	5	saunders	saunders	PROPN
ejge-7083	176	6	&	&	CCONJ
ejge-7083	176	7	schumacher	schumacher	PROPN
ejge-7083	176	8	(	(	PUNCT
ejge-7083	176	9	2000	2000	NUM
ejge-7083	176	10	)	)	PUNCT
ejge-7083	176	11	,	,	PUNCT
ejge-7083	176	12	albertazzi	albertazzi	NOUN
ejge-7083	176	13	&	&	CCONJ
ejge-7083	176	14	gambacorta	gambacorta	PROPN
ejge-7083	176	15	(	(	PUNCT
ejge-7083	176	16	2009	2009	NUM
ejge-7083	176	17	)	)	PUNCT
ejge-7083	176	18	,	,	PUNCT
ejge-7083	176	19	alessandri	alessandri	PROPN
ejge-7083	176	20	&	&	CCONJ
ejge-7083	176	21	nelson	nelson	PROPN
ejge-7083	176	22	(	(	PUNCT
ejge-7083	176	23	2015	2015	NUM
ejge-7083	176	24	)	)	PUNCT
ejge-7083	176	25	and	and	CCONJ
ejge-7083	176	26	borio	borio	PROPN
ejge-7083	176	27	et	et	PROPN
ejge-7083	176	28	al	al	PROPN
ejge-7083	176	29	.	.	PROPN
ejge-7083	176	30	(	(	PUNCT
ejge-7083	176	31	2017	2017	NUM
ejge-7083	176	32	)	)	PUNCT
ejge-7083	176	33	,	,	PUNCT
ejge-7083	176	34	among	among	ADP
ejge-7083	176	35	others	other	NOUN
ejge-7083	176	36	,	,	PUNCT
ejge-7083	176	37	find	find	VERB
ejge-7083	176	38	a	a	DET
ejge-7083	176	39	positive	positive	ADJ
ejge-7083	176	40	relationship	relationship	NOUN
ejge-7083	176	41	between	between	ADP
ejge-7083	176	42	the	the	DET
ejge-7083	176	43	slope	slope	NOUN
ejge-7083	176	44	of	of	ADP
ejge-7083	176	45	the	the	DET
ejge-7083	176	46	yield	yield	NOUN
ejge-7083	176	47	curve	curve	NOUN
ejge-7083	176	48	and	and	CCONJ
ejge-7083	176	49	banking	banking	NOUN
ejge-7083	176	50	profitability	profitability	NOUN
ejge-7083	176	51	.	.	PUNCT
ejge-7083	177	1	the	the	DET
ejge-7083	177	2	real	real	ADJ
ejge-7083	177	3	10	10	NUM
ejge-7083	177	4	-	-	PUNCT
ejge-7083	177	5	year	year	NOUN
ejge-7083	177	6	spanish	spanish	ADJ
ejge-7083	177	7	bond	bond	NOUN
ejge-7083	177	8	yield	yield	NOUN
ejge-7083	177	9	is	be	AUX
ejge-7083	177	10	the	the	DET
ejge-7083	177	11	chosen	choose	VERB
ejge-7083	177	12	indicator	indicator	NOUN
ejge-7083	177	13	of	of	ADP
ejge-7083	177	14	the	the	DET
ejge-7083	177	15	long	long	ADV
ejge-7083	177	16	-	-	PUNCT
ejge-7083	177	17	run	run	VERB
ejge-7083	177	18	interest	interest	NOUN
ejge-7083	177	19	rate	rate	NOUN
ejge-7083	177	20	.	.	PUNCT
ejge-7083	178	1	the	the	DET
ejge-7083	178	2	data	datum	NOUN
ejge-7083	178	3	is	be	AUX
ejge-7083	178	4	drawn	draw	VERB
ejge-7083	178	5	from	from	ADP
ejge-7083	178	6	the	the	DET
ejge-7083	178	7	bank	bank	NOUN
ejge-7083	178	8	of	of	ADP
ejge-7083	178	9	spain	spain	PROPN
ejge-7083	178	10	and	and	CCONJ
ejge-7083	178	11	is	be	AUX
ejge-7083	178	12	expressed	express	VERB
ejge-7083	178	13	in	in	ADP
ejge-7083	178	14	real	real	ADJ
ejge-7083	178	15	terms	term	NOUN
ejge-7083	178	16	.	.	PUNCT
ejge-7083	179	1	in	in	ADP
ejge-7083	179	2	our	our	PRON
ejge-7083	179	3	analysis	analysis	NOUN
ejge-7083	179	4	,	,	PUNCT
ejge-7083	179	5	we	we	PRON
ejge-7083	179	6	both	both	PRON
ejge-7083	179	7	consider	consider	VERB
ejge-7083	179	8	:	:	PUNCT
ejge-7083	179	9	i	i	NOUN
ejge-7083	179	10	)	)	PUNCT
ejge-7083	179	11	the	the	DET
ejge-7083	179	12	rates	rate	NOUN
ejge-7083	179	13	'	'	PART
ejge-7083	179	14	difference	difference	NOUN
ejge-7083	179	15	as	as	ADP
ejge-7083	179	16	a	a	DET
ejge-7083	179	17	single	single	ADJ
ejge-7083	179	18	explanatory	explanatory	ADJ
ejge-7083	179	19	variable	variable	NOUN
ejge-7083	179	20	,	,	PUNCT
ejge-7083	179	21	and	and	CCONJ
ejge-7083	179	22	ii	ii	X
ejge-7083	179	23	)	)	PUNCT
ejge-7083	179	24	both	both	DET
ejge-7083	179	25	rates	rate	NOUN
ejge-7083	179	26	separately	separately	ADV
ejge-7083	179	27	.	.	PUNCT
ejge-7083	180	1	in	in	ADP
ejge-7083	180	2	this	this	DET
ejge-7083	180	3	way	way	NOUN
ejge-7083	180	4	,	,	PUNCT
ejge-7083	180	5	by	by	ADP
ejge-7083	180	6	including	include	VERB
ejge-7083	180	7	the	the	DET
ejge-7083	180	8	rate	rate	NOUN
ejge-7083	180	9	for	for	ADP
ejge-7083	180	10	the	the	DET
ejge-7083	180	11	long	long	ADV
ejge-7083	180	12	-	-	PUNCT
ejge-7083	180	13	run	run	NOUN
ejge-7083	180	14	together	together	ADV
ejge-7083	180	15	with	with	ADP
ejge-7083	180	16	the	the	DET
ejge-7083	180	17	one	one	NOUN
ejge-7083	180	18	for	for	ADP
ejge-7083	180	19	the	the	DET
ejge-7083	180	20	short	short	ADJ
ejge-7083	180	21	-	-	PUNCT
ejge-7083	180	22	run	run	NOUN
ejge-7083	180	23	,	,	PUNCT
ejge-7083	180	24	we	we	PRON
ejge-7083	180	25	allow	allow	VERB
ejge-7083	180	26	for	for	ADP
ejge-7083	180	27	different	different	ADJ
ejge-7083	180	28	effects	effect	NOUN
ejge-7083	180	29	of	of	ADP
ejge-7083	180	30	changes	change	NOUN
ejge-7083	180	31	in	in	ADP
ejge-7083	180	32	the	the	DET
ejge-7083	180	33	slope	slope	NOUN
ejge-7083	180	34	of	of	ADP
ejge-7083	180	35	the	the	DET
ejge-7083	180	36	yield	yield	NOUN
ejge-7083	180	37	curve	curve	NOUN
ejge-7083	180	38	depending	depend	VERB
ejge-7083	180	39	if	if	SCONJ
ejge-7083	180	40	they	they	PRON
ejge-7083	180	41	are	be	AUX
ejge-7083	180	42	due	due	ADJ
ejge-7083	180	43	to	to	ADP
ejge-7083	180	44	shifts	shift	NOUN
ejge-7083	180	45	in	in	ADP
ejge-7083	180	46	the	the	DET
ejge-7083	180	47	short	short	ADJ
ejge-7083	180	48	-	-	PUNCT
ejge-7083	180	49	run	run	NOUN
ejge-7083	180	50	or	or	CCONJ
ejge-7083	180	51	in	in	ADP
ejge-7083	180	52	the	the	DET
ejge-7083	180	53	long	long	ADV
ejge-7083	180	54	-	-	PUNCT
ejge-7083	180	55	run	run	VERB
ejge-7083	180	56	interest	interest	NOUN
ejge-7083	180	57	rates	rate	NOUN
ejge-7083	180	58	.	.	PUNCT
ejge-7083	181	1	david	david	PROPN
ejge-7083	181	2	boto	boto	PROPN
ejge-7083	181	3	-	-	PUNCT
ejge-7083	181	4	garcía	garcía	VERB
ejge-7083	181	5	et	et	PROPN
ejge-7083	181	6	al	al	PROPN
ejge-7083	181	7	.	.	PUNCT
ejge-7083	181	8	/	/	SYM
ejge-7083	181	9	european	european	PROPN
ejge-7083	181	10	journal	journal	PROPN
ejge-7083	181	11	of	of	ADP
ejge-7083	181	12	government	government	NOUN
ejge-7083	181	13	and	and	CCONJ
ejge-7083	181	14	economics	economic	NOUN
ejge-7083	181	15	10(1	10(1	NUM
ejge-7083	181	16	)	)	PUNCT
ejge-7083	181	17	,	,	PUNCT
ejge-7083	181	18	june	june	PROPN
ejge-7083	181	19	2021	2021	NUM
ejge-7083	181	20	,	,	PUNCT
ejge-7083	181	21	5	5	NUM
ejge-7083	181	22	-	-	SYM
ejge-7083	181	23	29	29	NUM
ejge-7083	181	24	13	13	NUM
ejge-7083	181	25	in	in	ADP
ejge-7083	181	26	line	line	NOUN
ejge-7083	181	27	with	with	ADP
ejge-7083	181	28	the	the	DET
ejge-7083	181	29	literature	literature	NOUN
ejge-7083	181	30	,	,	PUNCT
ejge-7083	181	31	we	we	PRON
ejge-7083	181	32	expect	expect	VERB
ejge-7083	181	33	profitability	profitability	NOUN
ejge-7083	181	34	to	to	PART
ejge-7083	181	35	be	be	AUX
ejge-7083	181	36	positively	positively	ADV
ejge-7083	181	37	associated	associate	VERB
ejge-7083	181	38	with	with	ADP
ejge-7083	181	39	the	the	DET
ejge-7083	181	40	rate	rate	NOUN
ejge-7083	181	41	spread	spread	NOUN
ejge-7083	181	42	.	.	PUNCT
ejge-7083	182	1	consequently	consequently	ADV
ejge-7083	182	2	,	,	PUNCT
ejge-7083	182	3	we	we	PRON
ejge-7083	182	4	also	also	ADV
ejge-7083	182	5	expect	expect	VERB
ejge-7083	182	6	the	the	DET
ejge-7083	182	7	parameter	parameter	NOUN
ejge-7083	182	8	associated	associate	VERB
ejge-7083	182	9	with	with	ADP
ejge-7083	182	10	the	the	DET
ejge-7083	182	11	10	10	NUM
ejge-7083	182	12	-	-	PUNCT
ejge-7083	182	13	year	year	NOUN
ejge-7083	182	14	spanish	spanish	ADJ
ejge-7083	182	15	bond	bond	NOUN
ejge-7083	182	16	yield	yield	NOUN
ejge-7083	182	17	to	to	PART
ejge-7083	182	18	be	be	AUX
ejge-7083	182	19	positive	positive	ADJ
ejge-7083	182	20	and	and	CCONJ
ejge-7083	182	21	the	the	DET
ejge-7083	182	22	one	one	NOUN
ejge-7083	182	23	associated	associate	VERB
ejge-7083	182	24	with	with	ADP
ejge-7083	182	25	the	the	DET
ejge-7083	182	26	12	12	NUM
ejge-7083	182	27	-	-	PUNCT
ejge-7083	182	28	month	month	NOUN
ejge-7083	182	29	euribor	euribor	NOUN
ejge-7083	182	30	to	to	PART
ejge-7083	182	31	be	be	AUX
ejge-7083	182	32	negative	negative	ADJ
ejge-7083	182	33	.	.	PUNCT
ejge-7083	183	1	macro	macro	ADJ
ejge-7083	183	2	environment	environment	NOUN
ejge-7083	183	3	(	(	PUNCT
ejge-7083	183	4	𝑍𝑍𝑡𝑡	𝑍𝑍𝑡𝑡	NUM
ejge-7083	183	5	)	)	PUNCT
ejge-7083	183	6	among	among	ADP
ejge-7083	183	7	the	the	DET
ejge-7083	183	8	different	different	ADJ
ejge-7083	183	9	macroeconomic	macroeconomic	ADJ
ejge-7083	183	10	indicators	indicator	NOUN
ejge-7083	183	11	,	,	PUNCT
ejge-7083	183	12	gross	gross	ADJ
ejge-7083	183	13	domestic	domestic	ADJ
ejge-7083	183	14	product	product	NOUN
ejge-7083	183	15	(	(	PUNCT
ejge-7083	183	16	gdp	gdp	NOUN
ejge-7083	183	17	)	)	PUNCT
ejge-7083	183	18	is	be	AUX
ejge-7083	183	19	the	the	DET
ejge-7083	183	20	main	main	ADJ
ejge-7083	183	21	magnitude	magnitude	NOUN
ejge-7083	183	22	due	due	ADP
ejge-7083	183	23	to	to	ADP
ejge-7083	183	24	the	the	DET
ejge-7083	183	25	close	close	ADJ
ejge-7083	183	26	relationship	relationship	NOUN
ejge-7083	183	27	between	between	ADP
ejge-7083	183	28	business	business	NOUN
ejge-7083	183	29	cycle	cycle	NOUN
ejge-7083	183	30	fluctuations	fluctuation	NOUN
ejge-7083	183	31	and	and	CCONJ
ejge-7083	183	32	banking	banking	NOUN
ejge-7083	183	33	profitability	profitability	NOUN
ejge-7083	183	34	(	(	PUNCT
ejge-7083	183	35	demirguc	demirguc	PROPN
ejge-7083	183	36	-	-	PUNCT
ejge-7083	183	37	kunt	kunt	PROPN
ejge-7083	183	38	&	&	CCONJ
ejge-7083	183	39	huizinga	huizinga	NOUN
ejge-7083	183	40	,	,	PUNCT
ejge-7083	183	41	1999	1999	NUM
ejge-7083	183	42	;	;	PUNCT
ejge-7083	183	43	albertazzi	albertazzi	NOUN
ejge-7083	183	44	&	&	CCONJ
ejge-7083	183	45	gambacorta	gambacorta	PROPN
ejge-7083	183	46	,	,	PUNCT
ejge-7083	183	47	2009	2009	NUM
ejge-7083	183	48	;	;	PUNCT
ejge-7083	183	49	bolt	bolt	NOUN
ejge-7083	183	50	et	et	PROPN
ejge-7083	183	51	al	al	PROPN
ejge-7083	183	52	.	.	PROPN
ejge-7083	183	53	,	,	PUNCT
ejge-7083	183	54	2012	2012	NUM
ejge-7083	183	55	;	;	PUNCT
ejge-7083	183	56	dietrich	dietrich	PROPN
ejge-7083	183	57	&	&	CCONJ
ejge-7083	183	58	wanzenried	wanzenrie	VERB
ejge-7083	183	59	,	,	PUNCT
ejge-7083	183	60	2014	2014	NUM
ejge-7083	183	61	;	;	PUNCT
ejge-7083	183	62	almeida	almeida	PROPN
ejge-7083	183	63	&	&	CCONJ
ejge-7083	183	64	divino	divino	PROPN
ejge-7083	183	65	,	,	PUNCT
ejge-7083	183	66	2015).6	2015).6	NUM
ejge-7083	183	67	•	•	NUM
ejge-7083	183	68	real	real	PROPN
ejge-7083	183	69	gdp	gdp	NOUN
ejge-7083	183	70	:	:	PUNCT
ejge-7083	183	71	a	a	DET
ejge-7083	183	72	low	low	ADJ
ejge-7083	183	73	economic	economic	ADJ
ejge-7083	183	74	growth	growth	NOUN
ejge-7083	183	75	environment	environment	NOUN
ejge-7083	183	76	reduces	reduce	VERB
ejge-7083	183	77	lending	lending	NOUN
ejge-7083	183	78	activity	activity	NOUN
ejge-7083	183	79	because	because	SCONJ
ejge-7083	183	80	of	of	ADP
ejge-7083	183	81	the	the	DET
ejge-7083	183	82	drop	drop	NOUN
ejge-7083	183	83	in	in	ADP
ejge-7083	183	84	aggregate	aggregate	ADJ
ejge-7083	183	85	demand	demand	NOUN
ejge-7083	183	86	.	.	PUNCT
ejge-7083	184	1	conversely	conversely	ADV
ejge-7083	184	2	,	,	PUNCT
ejge-7083	184	3	economic	economic	ADJ
ejge-7083	184	4	expansions	expansion	NOUN
ejge-7083	184	5	increase	increase	VERB
ejge-7083	184	6	the	the	DET
ejge-7083	184	7	demand	demand	NOUN
ejge-7083	184	8	for	for	ADP
ejge-7083	184	9	credit	credit	NOUN
ejge-7083	184	10	and	and	CCONJ
ejge-7083	184	11	other	other	ADJ
ejge-7083	184	12	types	type	NOUN
ejge-7083	184	13	of	of	ADP
ejge-7083	184	14	financial	financial	ADJ
ejge-7083	184	15	products	product	NOUN
ejge-7083	184	16	.	.	PUNCT
ejge-7083	185	1	athanasoglou	athanasoglou	PROPN
ejge-7083	185	2	et	et	PROPN
ejge-7083	185	3	al	al	PROPN
ejge-7083	185	4	.	.	PROPN
ejge-7083	186	1	(	(	PUNCT
ejge-7083	186	2	2008	2008	NUM
ejge-7083	186	3	)	)	PUNCT
ejge-7083	186	4	find	find	VERB
ejge-7083	186	5	evidence	evidence	NOUN
ejge-7083	186	6	of	of	ADP
ejge-7083	186	7	a	a	DET
ejge-7083	186	8	positive	positive	ADJ
ejge-7083	186	9	relationship	relationship	NOUN
ejge-7083	186	10	between	between	ADP
ejge-7083	186	11	bank	bank	NOUN
ejge-7083	186	12	profits	profit	NOUN
ejge-7083	186	13	and	and	CCONJ
ejge-7083	186	14	the	the	DET
ejge-7083	186	15	business	business	NOUN
ejge-7083	186	16	cycle	cycle	NOUN
ejge-7083	186	17	.	.	PUNCT
ejge-7083	187	1	bolt	bolt	NOUN
ejge-7083	187	2	et	et	PROPN
ejge-7083	187	3	al	al	PROPN
ejge-7083	187	4	.	.	PROPN
ejge-7083	188	1	(	(	PUNCT
ejge-7083	188	2	2012	2012	NUM
ejge-7083	188	3	)	)	PUNCT
ejge-7083	188	4	indicate	indicate	VERB
ejge-7083	188	5	that	that	SCONJ
ejge-7083	188	6	the	the	DET
ejge-7083	188	7	degree	degree	NOUN
ejge-7083	188	8	of	of	ADP
ejge-7083	188	9	pro	pro	ADJ
ejge-7083	188	10	-	-	NOUN
ejge-7083	188	11	cyclicality	cyclicality	NOUN
ejge-7083	188	12	of	of	ADP
ejge-7083	188	13	bank	bank	NOUN
ejge-7083	188	14	profits	profit	NOUN
ejge-7083	188	15	is	be	AUX
ejge-7083	188	16	stronger	strong	ADJ
ejge-7083	188	17	for	for	ADP
ejge-7083	188	18	deep	deep	ADJ
ejge-7083	188	19	recessions	recession	NOUN
ejge-7083	188	20	than	than	ADP
ejge-7083	188	21	under	under	ADP
ejge-7083	188	22	normal	normal	ADJ
ejge-7083	188	23	economic	economic	ADJ
ejge-7083	188	24	conditions	condition	NOUN
ejge-7083	188	25	.	.	PUNCT
ejge-7083	189	1	thus	thus	ADV
ejge-7083	189	2	,	,	PUNCT
ejge-7083	189	3	we	we	PRON
ejge-7083	189	4	expect	expect	VERB
ejge-7083	189	5	a	a	DET
ejge-7083	189	6	positive	positive	ADJ
ejge-7083	189	7	coefficient	coefficient	NOUN
ejge-7083	189	8	for	for	ADP
ejge-7083	189	9	this	this	DET
ejge-7083	189	10	variable	variable	NOUN
ejge-7083	189	11	.	.	PUNCT
ejge-7083	190	1	real	real	ADJ
ejge-7083	190	2	gdp	gdp	PROPN
ejge-7083	190	3	(	(	PUNCT
ejge-7083	190	4	index	index	NOUN
ejge-7083	190	5	)	)	PUNCT
ejge-7083	190	6	for	for	ADP
ejge-7083	190	7	each	each	DET
ejge-7083	190	8	quarter	quarter	NOUN
ejge-7083	190	9	has	have	AUX
ejge-7083	190	10	been	be	AUX
ejge-7083	190	11	taken	take	VERB
ejge-7083	190	12	from	from	ADP
ejge-7083	190	13	the	the	DET
ejge-7083	190	14	spanish	spanish	ADJ
ejge-7083	190	15	national	national	ADJ
ejge-7083	190	16	accounting	accounting	PROPN
ejge-7083	190	17	(	(	PUNCT
ejge-7083	190	18	national	national	PROPN
ejge-7083	190	19	statistics	statistics	PROPN
ejge-7083	190	20	institute	institute	PROPN
ejge-7083	190	21	)	)	PUNCT
ejge-7083	190	22	taking	take	VERB
ejge-7083	190	23	december	december	PROPN
ejge-7083	190	24	2010	2010	NUM
ejge-7083	190	25	as	as	ADP
ejge-7083	190	26	the	the	DET
ejge-7083	190	27	base	base	NOUN
ejge-7083	190	28	year	year	NOUN
ejge-7083	190	29	,	,	PUNCT
ejge-7083	190	30	once	once	ADV
ejge-7083	190	31	corrected	correct	VERB
ejge-7083	190	32	for	for	ADP
ejge-7083	190	33	seasonal	seasonal	ADJ
ejge-7083	190	34	and	and	CCONJ
ejge-7083	190	35	calendar	calendar	NOUN
ejge-7083	190	36	effects	effect	NOUN
ejge-7083	190	37	.	.	PUNCT
ejge-7083	191	1	sector	sector	NOUN
ejge-7083	191	2	concentration	concentration	NOUN
ejge-7083	191	3	(	(	PUNCT
ejge-7083	191	4	𝐶𝐶𝑡𝑡	𝐶𝐶𝑡𝑡	NUM
ejge-7083	191	5	)	)	PUNCT
ejge-7083	191	6	in	in	ADP
ejge-7083	191	7	line	line	NOUN
ejge-7083	191	8	with	with	ADP
ejge-7083	191	9	the	the	DET
ejge-7083	191	10	structure	structure	NOUN
ejge-7083	191	11	-	-	PUNCT
ejge-7083	191	12	conduct	conduct	NOUN
ejge-7083	191	13	-	-	PUNCT
ejge-7083	191	14	performance	performance	NOUN
ejge-7083	191	15	paradigm	paradigm	NOUN
ejge-7083	191	16	,	,	PUNCT
ejge-7083	191	17	the	the	DET
ejge-7083	191	18	market	market	NOUN
ejge-7083	191	19	structure	structure	NOUN
ejge-7083	191	20	is	be	AUX
ejge-7083	191	21	usually	usually	ADV
ejge-7083	191	22	considered	consider	VERB
ejge-7083	191	23	as	as	ADP
ejge-7083	191	24	a	a	DET
ejge-7083	191	25	determinant	determinant	NOUN
ejge-7083	191	26	of	of	ADP
ejge-7083	191	27	banking	banking	NOUN
ejge-7083	191	28	profitability.7	profitability.7	NOUN
ejge-7083	191	29	to	to	PART
ejge-7083	191	30	measure	measure	VERB
ejge-7083	191	31	the	the	DET
ejge-7083	191	32	degree	degree	NOUN
ejge-7083	191	33	of	of	ADP
ejge-7083	191	34	market	market	NOUN
ejge-7083	191	35	concentration	concentration	NOUN
ejge-7083	191	36	,	,	PUNCT
ejge-7083	191	37	scholars	scholar	NOUN
ejge-7083	191	38	use	use	VERB
ejge-7083	191	39	the	the	DET
ejge-7083	191	40	herfindahl	herfindahl	NOUN
ejge-7083	191	41	-	-	PUNCT
ejge-7083	191	42	hirschman	hirschman	NOUN
ejge-7083	191	43	index	index	NOUN
ejge-7083	191	44	(	(	PUNCT
ejge-7083	191	45	djalilov	djalilov	PROPN
ejge-7083	191	46	&	&	CCONJ
ejge-7083	191	47	piesse	piesse	NOUN
ejge-7083	191	48	,	,	PUNCT
ejge-7083	191	49	2016	2016	NUM
ejge-7083	191	50	)	)	PUNCT
ejge-7083	191	51	or	or	CCONJ
ejge-7083	191	52	concentration	concentration	NOUN
ejge-7083	191	53	ratios	ratio	NOUN
ejge-7083	191	54	such	such	ADJ
ejge-7083	191	55	as	as	ADP
ejge-7083	191	56	c3	c3	PROPN
ejge-7083	191	57	(	(	PUNCT
ejge-7083	191	58	dietrich	dietrich	PROPN
ejge-7083	191	59	&	&	CCONJ
ejge-7083	191	60	wanzenried	wanzenrie	VERB
ejge-7083	191	61	,	,	PUNCT
ejge-7083	191	62	2014	2014	NUM
ejge-7083	191	63	)	)	PUNCT
ejge-7083	191	64	or	or	CCONJ
ejge-7083	191	65	c5	c5	PROPN
ejge-7083	191	66	(	(	PUNCT
ejge-7083	191	67	claessens	claessen	NOUN
ejge-7083	191	68	&	&	CCONJ
ejge-7083	191	69	laeven	laeven	ADJ
ejge-7083	191	70	,	,	PUNCT
ejge-7083	191	71	2004	2004	NUM
ejge-7083	191	72	)	)	PUNCT
ejge-7083	191	73	.	.	PUNCT
ejge-7083	192	1	•	•	NUM
ejge-7083	192	2	c5	c5	PROPN
ejge-7083	192	3	:	:	PUNCT
ejge-7083	192	4	it	it	PRON
ejge-7083	192	5	is	be	AUX
ejge-7083	192	6	defined	define	VERB
ejge-7083	192	7	as	as	ADP
ejge-7083	192	8	the	the	DET
ejge-7083	192	9	proportion	proportion	NOUN
ejge-7083	192	10	of	of	ADP
ejge-7083	192	11	the	the	DET
ejge-7083	192	12	total	total	ADJ
ejge-7083	192	13	assets	asset	NOUN
ejge-7083	192	14	under	under	ADP
ejge-7083	192	15	the	the	DET
ejge-7083	192	16	control	control	NOUN
ejge-7083	192	17	of	of	ADP
ejge-7083	192	18	the	the	DET
ejge-7083	192	19	five	five	NUM
ejge-7083	192	20	largest	large	ADJ
ejge-7083	192	21	banks	bank	NOUN
ejge-7083	192	22	.	.	PUNCT
ejge-7083	193	1	therefore	therefore	ADV
ejge-7083	193	2	,	,	PUNCT
ejge-7083	193	3	the	the	DET
ejge-7083	193	4	c5	c5	PROPN
ejge-7083	193	5	index	index	NOUN
ejge-7083	193	6	can	can	AUX
ejge-7083	193	7	be	be	AUX
ejge-7083	193	8	understood	understand	VERB
ejge-7083	193	9	as	as	ADP
ejge-7083	193	10	a	a	DET
ejge-7083	193	11	proxy	proxy	NOUN
ejge-7083	193	12	of	of	ADP
ejge-7083	193	13	market	market	NOUN
ejge-7083	193	14	concentration	concentration	NOUN
ejge-7083	193	15	.	.	PUNCT
ejge-7083	194	1	although	although	SCONJ
ejge-7083	194	2	market	market	NOUN
ejge-7083	194	3	concentration	concentration	NOUN
ejge-7083	194	4	does	do	AUX
ejge-7083	194	5	not	not	PART
ejge-7083	194	6	necessarily	necessarily	ADV
ejge-7083	194	7	imply	imply	VERB
ejge-7083	194	8	a	a	DET
ejge-7083	194	9	greater	great	ADJ
ejge-7083	194	10	market	market	NOUN
ejge-7083	194	11	power	power	NOUN
ejge-7083	194	12	,	,	PUNCT
ejge-7083	194	13	when	when	SCONJ
ejge-7083	194	14	a	a	DET
ejge-7083	194	15	reduced	reduce	VERB
ejge-7083	194	16	number	number	NOUN
ejge-7083	194	17	of	of	ADP
ejge-7083	194	18	banks	bank	NOUN
ejge-7083	194	19	control	control	VERB
ejge-7083	194	20	a	a	DET
ejge-7083	194	21	large	large	ADJ
ejge-7083	194	22	share	share	NOUN
ejge-7083	194	23	of	of	ADP
ejge-7083	194	24	total	total	ADJ
ejge-7083	194	25	assets	asset	NOUN
ejge-7083	194	26	it	it	PRON
ejge-7083	194	27	is	be	AUX
ejge-7083	194	28	more	more	ADV
ejge-7083	194	29	likely	likely	ADJ
ejge-7083	194	30	that	that	SCONJ
ejge-7083	194	31	collusive	collusive	ADJ
ejge-7083	194	32	behaviours	behaviour	NOUN
ejge-7083	194	33	take	take	VERB
ejge-7083	194	34	place	place	NOUN
ejge-7083	194	35	(	(	PUNCT
ejge-7083	194	36	gilbert	gilbert	PROPN
ejge-7083	194	37	,	,	PUNCT
ejge-7083	194	38	1984	1984	NUM
ejge-7083	194	39	)	)	PUNCT
ejge-7083	194	40	.	.	PUNCT
ejge-7083	195	1	although	although	SCONJ
ejge-7083	195	2	it	it	PRON
ejge-7083	195	3	is	be	AUX
ejge-7083	195	4	unclear	unclear	ADJ
ejge-7083	195	5	whether	whether	SCONJ
ejge-7083	195	6	structure	structure	NOUN
ejge-7083	195	7	itself	itself	PRON
ejge-7083	195	8	necessarily	necessarily	ADV
ejge-7083	195	9	shapes	shape	VERB
ejge-7083	195	10	profitability	profitability	NOUN
ejge-7083	195	11	(	(	PUNCT
ejge-7083	195	12	smirlock	smirlock	NOUN
ejge-7083	195	13	,	,	PUNCT
ejge-7083	195	14	1985	1985	NUM
ejge-7083	195	15	)	)	PUNCT
ejge-7083	195	16	,	,	PUNCT
ejge-7083	195	17	it	it	PRON
ejge-7083	195	18	can	can	AUX
ejge-7083	195	19	contribute	contribute	VERB
ejge-7083	195	20	to	to	ADP
ejge-7083	195	21	the	the	DET
ejge-7083	195	22	build	build	NOUN
ejge-7083	195	23	-	-	PUNCT
ejge-7083	195	24	up	up	NOUN
ejge-7083	195	25	of	of	ADP
ejge-7083	195	26	monopoly	monopoly	NOUN
ejge-7083	195	27	profits	profit	NOUN
ejge-7083	195	28	.	.	PUNCT
ejge-7083	196	1	from	from	ADP
ejge-7083	196	2	this	this	DET
ejge-7083	196	3	perspective	perspective	NOUN
ejge-7083	196	4	,	,	PUNCT
ejge-7083	196	5	we	we	PRON
ejge-7083	196	6	would	would	AUX
ejge-7083	196	7	expect	expect	VERB
ejge-7083	196	8	a	a	DET
ejge-7083	196	9	positive	positive	ADJ
ejge-7083	196	10	sign	sign	NOUN
ejge-7083	196	11	for	for	ADP
ejge-7083	196	12	this	this	DET
ejge-7083	196	13	variable	variable	NOUN
ejge-7083	196	14	.	.	PUNCT
ejge-7083	197	1	banks	bank	NOUN
ejge-7083	197	2	assets	asset	NOUN
ejge-7083	197	3	have	have	AUX
ejge-7083	197	4	been	be	AUX
ejge-7083	197	5	taken	take	VERB
ejge-7083	197	6	at	at	ADP
ejge-7083	197	7	the	the	DET
ejge-7083	197	8	end	end	NOUN
ejge-7083	197	9	of	of	ADP
ejge-7083	197	10	each	each	DET
ejge-7083	197	11	quarter	quarter	NOUN
ejge-7083	197	12	from	from	ADP
ejge-7083	197	13	the	the	DET
ejge-7083	197	14	public	public	ADJ
ejge-7083	197	15	balance	balance	NOUN
ejge-7083	197	16	sheets	sheet	NOUN
ejge-7083	197	17	available	available	ADJ
ejge-7083	197	18	in	in	ADP
ejge-7083	197	19	ceca	ceca	PROPN
ejge-7083	197	20	(	(	PUNCT
ejge-7083	197	21	spanish	spanish	ADJ
ejge-7083	197	22	savings	saving	NOUN
ejge-7083	197	23	banks	bank	NOUN
ejge-7083	197	24	confederation	confederation	PROPN
ejge-7083	197	25	)	)	PUNCT
ejge-7083	197	26	and	and	CCONJ
ejge-7083	197	27	aeb	aeb	NOUN
ejge-7083	197	28	(	(	PUNCT
ejge-7083	197	29	spanish	spanish	ADJ
ejge-7083	197	30	banking	banking	NOUN
ejge-7083	197	31	association	association	PROPN
ejge-7083	197	32	)	)	PUNCT
ejge-7083	197	33	.	.	PUNCT
ejge-7083	198	1	as	as	SCONJ
ejge-7083	198	2	the	the	DET
ejge-7083	198	3	information	information	NOUN
ejge-7083	198	4	from	from	ADP
ejge-7083	198	5	ceca	ceca	PROPN
ejge-7083	198	6	for	for	ADP
ejge-7083	198	7	the	the	DET
ejge-7083	198	8	savings	saving	NOUN
ejge-7083	198	9	banks	bank	NOUN
ejge-7083	198	10	is	be	AUX
ejge-7083	198	11	only	only	ADV
ejge-7083	198	12	available	available	ADJ
ejge-7083	198	13	for	for	SCONJ
ejge-7083	198	14	the	the	DET
ejge-7083	198	15	6	6	NUM
ejge-7083	198	16	the	the	DET
ejge-7083	198	17	labour	labour	NOUN
ejge-7083	198	18	market	market	NOUN
ejge-7083	198	19	situation	situation	NOUN
ejge-7083	198	20	or	or	CCONJ
ejge-7083	198	21	the	the	DET
ejge-7083	198	22	population	population	NOUN
ejge-7083	198	23	(	(	PUNCT
ejge-7083	198	24	as	as	ADP
ejge-7083	198	25	an	an	DET
ejge-7083	198	26	indicator	indicator	NOUN
ejge-7083	198	27	of	of	ADP
ejge-7083	198	28	market	market	NOUN
ejge-7083	198	29	size	size	NOUN
ejge-7083	198	30	)	)	PUNCT
ejge-7083	198	31	are	be	AUX
ejge-7083	198	32	other	other	ADJ
ejge-7083	198	33	variables	variable	NOUN
ejge-7083	198	34	that	that	SCONJ
ejge-7083	198	35	some	some	DET
ejge-7083	198	36	authors	author	NOUN
ejge-7083	198	37	have	have	AUX
ejge-7083	198	38	considered	consider	VERB
ejge-7083	198	39	.	.	PUNCT
ejge-7083	199	1	nevertheless	nevertheless	ADV
ejge-7083	199	2	,	,	PUNCT
ejge-7083	199	3	since	since	SCONJ
ejge-7083	199	4	demographic	demographic	ADJ
ejge-7083	199	5	changes	change	NOUN
ejge-7083	199	6	are	be	AUX
ejge-7083	199	7	mainly	mainly	ADV
ejge-7083	199	8	due	due	ADJ
ejge-7083	199	9	to	to	ADP
ejge-7083	199	10	migratory	migratory	ADJ
ejge-7083	199	11	flows	flow	NOUN
ejge-7083	199	12	associated	associate	VERB
ejge-7083	199	13	with	with	ADP
ejge-7083	199	14	the	the	DET
ejge-7083	199	15	business	business	NOUN
ejge-7083	199	16	cycle	cycle	NOUN
ejge-7083	199	17	and	and	CCONJ
ejge-7083	199	18	that	that	SCONJ
ejge-7083	199	19	unemployment	unemployment	NOUN
ejge-7083	199	20	directly	directly	ADV
ejge-7083	199	21	relates	relate	VERB
ejge-7083	199	22	to	to	ADP
ejge-7083	199	23	the	the	DET
ejge-7083	199	24	aggregate	aggregate	ADJ
ejge-7083	199	25	production	production	NOUN
ejge-7083	199	26	evolution	evolution	NOUN
ejge-7083	199	27	,	,	PUNCT
ejge-7083	199	28	we	we	PRON
ejge-7083	199	29	only	only	ADV
ejge-7083	199	30	employ	employ	VERB
ejge-7083	199	31	real	real	ADJ
ejge-7083	199	32	gdp	gdp	NOUN
ejge-7083	199	33	.	.	PROPN
ejge-7083	199	34	7	7	NUM
ejge-7083	200	1	the	the	DET
ejge-7083	200	2	reader	reader	NOUN
ejge-7083	200	3	is	be	AUX
ejge-7083	200	4	referred	refer	VERB
ejge-7083	200	5	to	to	ADP
ejge-7083	200	6	gilbert	gilbert	PROPN
ejge-7083	200	7	(	(	PUNCT
ejge-7083	200	8	1984	1984	NUM
ejge-7083	200	9	)	)	PUNCT
ejge-7083	200	10	for	for	ADP
ejge-7083	200	11	a	a	DET
ejge-7083	200	12	theoretical	theoretical	ADJ
ejge-7083	200	13	characterization	characterization	NOUN
ejge-7083	200	14	and	and	CCONJ
ejge-7083	200	15	a	a	DET
ejge-7083	200	16	review	review	NOUN
ejge-7083	200	17	of	of	ADP
ejge-7083	200	18	empirical	empirical	ADJ
ejge-7083	200	19	evidence	evidence	NOUN
ejge-7083	200	20	.	.	PUNCT
ejge-7083	201	1	david	david	PROPN
ejge-7083	201	2	boto	boto	PROPN
ejge-7083	201	3	-	-	PUNCT
ejge-7083	201	4	garcía	garcía	VERB
ejge-7083	201	5	et	et	PROPN
ejge-7083	201	6	al	al	PROPN
ejge-7083	201	7	.	.	PUNCT
ejge-7083	201	8	/	/	SYM
ejge-7083	201	9	european	european	PROPN
ejge-7083	201	10	journal	journal	PROPN
ejge-7083	201	11	of	of	ADP
ejge-7083	201	12	government	government	NOUN
ejge-7083	201	13	and	and	CCONJ
ejge-7083	201	14	economics	economic	NOUN
ejge-7083	201	15	10(1	10(1	NUM
ejge-7083	201	16	)	)	PUNCT
ejge-7083	201	17	,	,	PUNCT
ejge-7083	201	18	june	june	PROPN
ejge-7083	201	19	2021	2021	NUM
ejge-7083	201	20	,	,	PUNCT
ejge-7083	201	21	5	5	NUM
ejge-7083	201	22	-	-	SYM
ejge-7083	201	23	29	29	NUM
ejge-7083	201	24	14	14	NUM
ejge-7083	201	25	period	period	NOUN
ejge-7083	201	26	2002	2002	NUM
ejge-7083	201	27	-	-	SYM
ejge-7083	201	28	2014	2014	NUM
ejge-7083	201	29	,	,	PUNCT
ejge-7083	201	30	the	the	DET
ejge-7083	201	31	calculation	calculation	NOUN
ejge-7083	201	32	of	of	ADP
ejge-7083	201	33	the	the	DET
ejge-7083	201	34	c5	c5	PROPN
ejge-7083	201	35	index	index	NOUN
ejge-7083	201	36	was	be	AUX
ejge-7083	201	37	completed	complete	VERB
ejge-7083	201	38	using	use	VERB
ejge-7083	201	39	the	the	DET
ejge-7083	201	40	audit	audit	NOUN
ejge-7083	201	41	reports	report	NOUN
ejge-7083	201	42	of	of	ADP
ejge-7083	201	43	the	the	DET
ejge-7083	201	44	spanish	spanish	ADJ
ejge-7083	201	45	stock	stock	NOUN
ejge-7083	201	46	market	market	PROPN
ejge-7083	201	47	commission	commission	PROPN
ejge-7083	201	48	.	.	PUNCT
ejge-7083	202	1	•	•	NUM
ejge-7083	202	2	herfindahl	herfindahl	NOUN
ejge-7083	202	3	-	-	PUNCT
ejge-7083	202	4	hirschman	hirschman	NOUN
ejge-7083	202	5	(	(	PUNCT
ejge-7083	202	6	hh	hh	NOUN
ejge-7083	202	7	)	)	PUNCT
ejge-7083	202	8	index	index	NOUN
ejge-7083	202	9	:	:	PUNCT
ejge-7083	202	10	one	one	NUM
ejge-7083	202	11	drawback	drawback	NOUN
ejge-7083	202	12	of	of	ADP
ejge-7083	202	13	the	the	DET
ejge-7083	202	14	c5	c5	PROPN
ejge-7083	202	15	ratio	ratio	NOUN
ejge-7083	202	16	is	be	AUX
ejge-7083	202	17	that	that	SCONJ
ejge-7083	202	18	it	it	PRON
ejge-7083	202	19	ignores	ignore	VERB
ejge-7083	202	20	the	the	DET
ejge-7083	202	21	possible	possible	ADJ
ejge-7083	202	22	asymmetry	asymmetry	NOUN
ejge-7083	202	23	in	in	ADP
ejge-7083	202	24	the	the	DET
ejge-7083	202	25	proportion	proportion	NOUN
ejge-7083	202	26	of	of	ADP
ejge-7083	202	27	assets	asset	NOUN
ejge-7083	202	28	controlled	control	VERB
ejge-7083	202	29	by	by	ADP
ejge-7083	202	30	the	the	DET
ejge-7083	202	31	five	five	NUM
ejge-7083	202	32	largest	large	ADJ
ejge-7083	202	33	firms	firm	NOUN
ejge-7083	202	34	and	and	CCONJ
ejge-7083	202	35	the	the	DET
ejge-7083	202	36	asset	asset	NOUN
ejge-7083	202	37	composition	composition	NOUN
ejge-7083	202	38	of	of	ADP
ejge-7083	202	39	the	the	DET
ejge-7083	202	40	remaining	remain	VERB
ejge-7083	202	41	banks	bank	NOUN
ejge-7083	202	42	.	.	PUNCT
ejge-7083	203	1	therefore	therefore	ADV
ejge-7083	203	2	,	,	PUNCT
ejge-7083	203	3	the	the	DET
ejge-7083	203	4	hh	hh	PROPN
ejge-7083	203	5	index	index	NOUN
ejge-7083	203	6	is	be	AUX
ejge-7083	203	7	used	use	VERB
ejge-7083	203	8	as	as	ADP
ejge-7083	203	9	an	an	DET
ejge-7083	203	10	alternative	alternative	ADJ
ejge-7083	203	11	indicator	indicator	NOUN
ejge-7083	203	12	.	.	PUNCT
ejge-7083	204	1	it	it	PRON
ejge-7083	204	2	is	be	AUX
ejge-7083	204	3	calculated	calculate	VERB
ejge-7083	204	4	as	as	ADP
ejge-7083	204	5	the	the	DET
ejge-7083	204	6	sum	sum	NOUN
ejge-7083	204	7	of	of	ADP
ejge-7083	204	8	the	the	DET
ejge-7083	204	9	squares	square	NOUN
ejge-7083	204	10	of	of	ADP
ejge-7083	204	11	the	the	DET
ejge-7083	204	12	asset	asset	NOUN
ejge-7083	204	13	share	share	NOUN
ejge-7083	204	14	of	of	ADP
ejge-7083	204	15	each	each	DET
ejge-7083	204	16	bank	bank	NOUN
ejge-7083	204	17	.	.	PUNCT
ejge-7083	205	1	the	the	DET
ejge-7083	205	2	greater	great	ADJ
ejge-7083	205	3	this	this	DET
ejge-7083	205	4	index	index	NOUN
ejge-7083	205	5	,	,	PUNCT
ejge-7083	205	6	the	the	PRON
ejge-7083	205	7	greater	great	ADJ
ejge-7083	205	8	the	the	DET
ejge-7083	205	9	degree	degree	NOUN
ejge-7083	205	10	of	of	ADP
ejge-7083	205	11	market	market	NOUN
ejge-7083	205	12	concentration	concentration	NOUN
ejge-7083	205	13	.	.	PUNCT
ejge-7083	206	1	this	this	DET
ejge-7083	206	2	information	information	NOUN
ejge-7083	206	3	is	be	AUX
ejge-7083	206	4	retrieved	retrieve	VERB
ejge-7083	206	5	from	from	ADP
ejge-7083	206	6	the	the	DET
ejge-7083	206	7	ecb	ecb	PROPN
ejge-7083	206	8	statistical	statistical	ADJ
ejge-7083	206	9	database	database	NOUN
ejge-7083	206	10	.	.	PUNCT
ejge-7083	207	1	the	the	DET
ejge-7083	207	2	definitions	definition	NOUN
ejge-7083	207	3	,	,	PUNCT
ejge-7083	207	4	notation	notation	NOUN
ejge-7083	207	5	and	and	CCONJ
ejge-7083	207	6	expected	expect	VERB
ejge-7083	207	7	sign	sign	NOUN
ejge-7083	207	8	of	of	ADP
ejge-7083	207	9	the	the	DET
ejge-7083	207	10	variables	variable	NOUN
ejge-7083	207	11	defined	define	VERB
ejge-7083	207	12	above	above	ADV
ejge-7083	207	13	are	be	AUX
ejge-7083	207	14	shown	show	VERB
ejge-7083	207	15	in	in	ADP
ejge-7083	207	16	table	table	NOUN
ejge-7083	207	17	1	1	NUM
ejge-7083	207	18	.	.	PUNCT
ejge-7083	207	19	table	table	NOUN
ejge-7083	207	20	1	1	NUM
ejge-7083	208	1	.	.	PUNCT
ejge-7083	208	2	variables	variable	NOUN
ejge-7083	208	3	,	,	PUNCT
ejge-7083	208	4	definitions	definition	NOUN
ejge-7083	208	5	and	and	CCONJ
ejge-7083	208	6	expected	expect	VERB
ejge-7083	208	7	sign	sign	NOUN
ejge-7083	208	8	.	.	PUNCT
ejge-7083	209	1	3.3	3.3	NUM
ejge-7083	209	2	.	.	PUNCT
ejge-7083	210	1	descriptive	descriptive	ADJ
ejge-7083	210	2	statistics	statistic	NOUN
ejge-7083	210	3	summary	summary	PROPN
ejge-7083	210	4	statistics	statistic	NOUN
ejge-7083	210	5	of	of	ADP
ejge-7083	210	6	the	the	DET
ejge-7083	210	7	variables	variable	NOUN
ejge-7083	210	8	are	be	AUX
ejge-7083	210	9	presented	present	VERB
ejge-7083	210	10	in	in	ADP
ejge-7083	210	11	table	table	NOUN
ejge-7083	210	12	2	2	NUM
ejge-7083	210	13	.	.	PUNCT
ejge-7083	211	1	the	the	DET
ejge-7083	211	2	average	average	ADJ
ejge-7083	211	3	return	return	NOUN
ejge-7083	211	4	on	on	ADP
ejge-7083	211	5	assets	asset	NOUN
ejge-7083	211	6	is	be	AUX
ejge-7083	211	7	0.65	0.65	NUM
ejge-7083	211	8	%	%	NOUN
ejge-7083	211	9	,	,	PUNCT
ejge-7083	211	10	whereas	whereas	SCONJ
ejge-7083	211	11	the	the	DET
ejge-7083	211	12	average	average	ADJ
ejge-7083	211	13	return	return	NOUN
ejge-7083	211	14	on	on	ADP
ejge-7083	211	15	equity	equity	NOUN
ejge-7083	211	16	is	be	AUX
ejge-7083	211	17	notably	notably	ADV
ejge-7083	211	18	larger	large	ADJ
ejge-7083	211	19	(	(	PUNCT
ejge-7083	211	20	8.9	8.9	NUM
ejge-7083	211	21	%	%	NOUN
ejge-7083	211	22	)	)	PUNCT
ejge-7083	211	23	.	.	PUNCT
ejge-7083	212	1	the	the	DET
ejge-7083	212	2	spanish	spanish	ADJ
ejge-7083	212	3	banking	banking	NOUN
ejge-7083	212	4	system	system	NOUN
ejge-7083	212	5	granted	grant	VERB
ejge-7083	212	6	loans	loan	NOUN
ejge-7083	212	7	with	with	ADP
ejge-7083	212	8	an	an	DET
ejge-7083	212	9	average	average	ADJ
ejge-7083	212	10	value	value	NOUN
ejge-7083	212	11	of	of	ADP
ejge-7083	212	12	1.3	1.3	NUM
ejge-7083	212	13	billion	billion	NUM
ejge-7083	212	14	euros	euro	NOUN
ejge-7083	212	15	,	,	PUNCT
ejge-7083	212	16	whereas	whereas	SCONJ
ejge-7083	212	17	the	the	DET
ejge-7083	212	18	mean	mean	ADJ
ejge-7083	212	19	value	value	NOUN
ejge-7083	212	20	of	of	ADP
ejge-7083	212	21	the	the	DET
ejge-7083	212	22	ecb	ecb	NOUN
ejge-7083	212	23	assets	asset	NOUN
ejge-7083	212	24	is	be	AUX
ejge-7083	212	25	1.74	1.74	NUM
ejge-7083	212	26	trillion	trillion	NUM
ejge-7083	212	27	euros	euro	NOUN
ejge-7083	212	28	.	.	PUNCT
ejge-7083	213	1	the	the	DET
ejge-7083	213	2	average	average	ADJ
ejge-7083	213	3	12	12	NUM
ejge-7083	213	4	-	-	PUNCT
ejge-7083	213	5	month	month	NOUN
ejge-7083	213	6	euribor	euribor	NOUN
ejge-7083	213	7	rate	rate	NOUN
ejge-7083	213	8	(	(	PUNCT
ejge-7083	213	9	in	in	ADP
ejge-7083	213	10	real	real	ADJ
ejge-7083	213	11	terms	term	NOUN
ejge-7083	213	12	)	)	PUNCT
ejge-7083	213	13	is	be	AUX
ejge-7083	213	14	0.54	0.54	NUM
ejge-7083	213	15	%	%	NOUN
ejge-7083	213	16	during	during	ADP
ejge-7083	213	17	the	the	DET
ejge-7083	213	18	study	study	NOUN
ejge-7083	213	19	period	period	NOUN
ejge-7083	213	20	,	,	PUNCT
ejge-7083	213	21	while	while	SCONJ
ejge-7083	213	22	the	the	DET
ejge-7083	213	23	3	3	NUM
ejge-7083	213	24	-	-	PUNCT
ejge-7083	213	25	month	month	NOUN
ejge-7083	213	26	rate	rate	NOUN
ejge-7083	213	27	is	be	AUX
ejge-7083	213	28	almost	almost	ADV
ejge-7083	213	29	zero	zero	NUM
ejge-7083	213	30	(	(	PUNCT
ejge-7083	213	31	-0.01	-0.01	NUM
ejge-7083	213	32	%	%	NOUN
ejge-7083	213	33	)	)	PUNCT
ejge-7083	213	34	on	on	ADP
ejge-7083	213	35	average	average	ADJ
ejge-7083	213	36	.	.	PUNCT
ejge-7083	214	1	the	the	DET
ejge-7083	214	2	mean	mean	NOUN
ejge-7083	214	3	of	of	ADP
ejge-7083	214	4	the	the	DET
ejge-7083	214	5	10	10	NUM
ejge-7083	214	6	-	-	PUNCT
ejge-7083	214	7	year	year	NOUN
ejge-7083	214	8	sovereign	sovereign	ADJ
ejge-7083	214	9	bond	bond	NOUN
ejge-7083	214	10	year	year	NOUN
ejge-7083	214	11	is	be	AUX
ejge-7083	214	12	2.20	2.20	NUM
ejge-7083	214	13	%	%	NOUN
ejge-7083	214	14	,	,	PUNCT
ejge-7083	214	15	being	be	AUX
ejge-7083	214	16	the	the	DET
ejge-7083	214	17	average	average	ADJ
ejge-7083	214	18	spread	spread	NOUN
ejge-7083	214	19	1.66	1.66	NUM
ejge-7083	214	20	%	%	NOUN
ejge-7083	214	21	.	.	PUNCT
ejge-7083	215	1	about	about	ADV
ejge-7083	215	2	47	47	NUM
ejge-7083	215	3	%	%	NOUN
ejge-7083	215	4	of	of	ADP
ejge-7083	215	5	total	total	ADJ
ejge-7083	215	6	assets	asset	NOUN
ejge-7083	215	7	are	be	AUX
ejge-7083	215	8	under	under	ADP
ejge-7083	215	9	the	the	DET
ejge-7083	215	10	control	control	NOUN
ejge-7083	215	11	of	of	ADP
ejge-7083	215	12	the	the	DET
ejge-7083	215	13	five	five	NUM
ejge-7083	215	14	largest	large	ADJ
ejge-7083	215	15	entities	entity	NOUN
ejge-7083	215	16	.	.	PUNCT
ejge-7083	216	1	the	the	DET
ejge-7083	216	2	high	high	ADJ
ejge-7083	216	3	mean	mean	NOUN
ejge-7083	216	4	value	value	NOUN
ejge-7083	216	5	of	of	ADP
ejge-7083	216	6	the	the	DET
ejge-7083	216	7	hh	hh	PROPN
ejge-7083	216	8	index	index	NOUN
ejge-7083	216	9	and	and	CCONJ
ejge-7083	216	10	its	its	PRON
ejge-7083	216	11	increase	increase	NOUN
ejge-7083	216	12	over	over	ADP
ejge-7083	216	13	the	the	DET
ejge-7083	216	14	study	study	NOUN
ejge-7083	216	15	period	period	NOUN
ejge-7083	216	16	reveals	reveal	VERB
ejge-7083	216	17	there	there	PRON
ejge-7083	216	18	has	have	AUX
ejge-7083	216	19	been	be	AUX
ejge-7083	216	20	a	a	DET
ejge-7083	216	21	rise	rise	NOUN
ejge-7083	216	22	in	in	ADP
ejge-7083	216	23	the	the	DET
ejge-7083	216	24	market	market	NOUN
ejge-7083	216	25	concentration	concentration	NOUN
ejge-7083	216	26	of	of	ADP
ejge-7083	216	27	the	the	DET
ejge-7083	216	28	spanish	spanish	ADJ
ejge-7083	216	29	banking	banking	NOUN
ejge-7083	216	30	industry	industry	NOUN
ejge-7083	216	31	.	.	PUNCT
ejge-7083	217	1	as	as	SCONJ
ejge-7083	217	2	recently	recently	ADV
ejge-7083	217	3	shown	show	VERB
ejge-7083	217	4	by	by	ADP
ejge-7083	217	5	cruz	cruz	PROPN
ejge-7083	217	6	-	-	PUNCT
ejge-7083	217	7	garcia	garcia	PROPN
ejge-7083	217	8	et	et	PROPN
ejge-7083	217	9	al	al	PROPN
ejge-7083	217	10	.	.	PROPN
ejge-7083	217	11	(	(	PUNCT
ejge-7083	217	12	2020c	2020c	NUM
ejge-7083	217	13	)	)	PUNCT
ejge-7083	217	14	,	,	PUNCT
ejge-7083	217	15	the	the	DET
ejge-7083	217	16	consolidation	consolidation	NOUN
ejge-7083	217	17	of	of	ADP
ejge-7083	217	18	the	the	DET
ejge-7083	217	19	sector	sector	NOUN
ejge-7083	217	20	has	have	AUX
ejge-7083	217	21	increased	increase	VERB
ejge-7083	217	22	the	the	DET
ejge-7083	217	23	dominant	dominant	ADJ
ejge-7083	217	24	position	position	NOUN
ejge-7083	217	25	of	of	ADP
ejge-7083	217	26	incumbent	incumbent	ADJ
ejge-7083	217	27	banks	bank	NOUN
ejge-7083	217	28	and	and	CCONJ
ejge-7083	217	29	led	lead	VERB
ejge-7083	217	30	to	to	ADP
ejge-7083	217	31	a	a	DET
ejge-7083	217	32	rise	rise	NOUN
ejge-7083	217	33	in	in	ADP
ejge-7083	217	34	market	market	NOUN
ejge-7083	217	35	power	power	NOUN
ejge-7083	217	36	.	.	PUNCT
ejge-7083	218	1	variables	variable	NOUN
ejge-7083	218	2	definition	definition	NOUN
ejge-7083	218	3	notation	notation	NOUN
ejge-7083	218	4	expected	expect	VERB
ejge-7083	218	5	sign	sign	NOUN
ejge-7083	218	6	dependent	dependent	ADJ
ejge-7083	218	7	:	:	PUNCT
ejge-7083	218	8	profitability	profitability	NOUN
ejge-7083	218	9	(	(	PUNCT
ejge-7083	218	10	πt	πt	NOUN
ejge-7083	218	11	)	)	PUNCT
ejge-7083	218	12	net	net	ADJ
ejge-7083	218	13	profits	profit	NOUN
ejge-7083	218	14	before	before	ADP
ejge-7083	218	15	taxes	taxis	NOUN
ejge-7083	218	16	/	/	SYM
ejge-7083	218	17	average	average	ADJ
ejge-7083	218	18	total	total	ADJ
ejge-7083	218	19	assets	asset	NOUN
ejge-7083	218	20	roaa	roaa	VERB
ejge-7083	218	21	net	net	ADJ
ejge-7083	218	22	profits	profit	NOUN
ejge-7083	218	23	before	before	ADP
ejge-7083	218	24	taxes	taxis	NOUN
ejge-7083	218	25	/	/	SYM
ejge-7083	218	26	banks	bank	NOUN
ejge-7083	218	27	'	'	PART
ejge-7083	218	28	average	average	ADJ
ejge-7083	218	29	equity	equity	NOUN
ejge-7083	218	30	roae	roae	NOUN
ejge-7083	218	31	explanatory	explanatory	ADJ
ejge-7083	218	32	:	:	PUNCT
ejge-7083	218	33	(	(	PUNCT
ejge-7083	218	34	𝛽𝛽𝑡𝑡	𝛽𝛽𝑡𝑡	NOUN
ejge-7083	218	35	)	)	PUNCT
ejge-7083	218	36	performing	perform	VERB
ejge-7083	218	37	loans	loan	NOUN
ejge-7083	218	38	performing	perform	VERB
ejge-7083	218	39	loans	loan	NOUN
ejge-7083	218	40	stock	stock	NOUN
ejge-7083	218	41	(	(	PUNCT
ejge-7083	218	42	million	million	NUM
ejge-7083	218	43	€	€	NOUN
ejge-7083	218	44	)	)	PUNCT
ejge-7083	218	45	loans	loan	NOUN
ejge-7083	218	46	+	+	CCONJ
ejge-7083	218	47	ecb	ecb	NOUN
ejge-7083	218	48	assets	asset	NOUN
ejge-7083	218	49	volume	volume	NOUN
ejge-7083	218	50	of	of	ADP
ejge-7083	218	51	ecb	ecb	NOUN
ejge-7083	218	52	assets	asset	NOUN
ejge-7083	218	53	(	(	PUNCT
ejge-7083	218	54	million	million	NUM
ejge-7083	218	55	€	€	NOUN
ejge-7083	218	56	)	)	PUNCT
ejge-7083	218	57	ecb	ecb	NOUN
ejge-7083	218	58	assets	asset	NOUN
ejge-7083	218	59	+	+	ADJ
ejge-7083	218	60	/	/	SYM
ejge-7083	218	61	12	12	NUM
ejge-7083	218	62	-	-	PUNCT
ejge-7083	218	63	month	month	NOUN
ejge-7083	218	64	euribor	euribor	NOUN
ejge-7083	218	65	12	12	NUM
ejge-7083	218	66	-	-	PUNCT
ejge-7083	218	67	month	month	NOUN
ejge-7083	218	68	inter	inter	ADJ
ejge-7083	218	69	-	-	ADJ
ejge-7083	218	70	bank	bank	ADJ
ejge-7083	218	71	interest	interest	NOUN
ejge-7083	218	72	rate	rate	NOUN
ejge-7083	218	73	in	in	ADP
ejge-7083	218	74	real	real	ADJ
ejge-7083	218	75	terms	term	NOUN
ejge-7083	218	76	(	(	PUNCT
ejge-7083	218	77	%	%	INTJ
ejge-7083	218	78	)	)	PUNCT
ejge-7083	219	1	eurib_12	eurib_12	PUNCT
ejge-7083	219	2	10	10	NUM
ejge-7083	219	3	-	-	PUNCT
ejge-7083	219	4	year	year	NOUN
ejge-7083	219	5	bond	bond	NOUN
ejge-7083	219	6	yield	yield	VERB
ejge-7083	219	7	10	10	NUM
ejge-7083	219	8	-	-	PUNCT
ejge-7083	219	9	year	year	NOUN
ejge-7083	219	10	sovereign	sovereign	ADJ
ejge-7083	219	11	bond	bond	NOUN
ejge-7083	219	12	yield	yield	VERB
ejge-7083	219	13	real	real	ADJ
ejge-7083	219	14	interest	interest	NOUN
ejge-7083	219	15	rate	rate	NOUN
ejge-7083	219	16	in	in	ADP
ejge-7083	219	17	real	real	ADJ
ejge-7083	219	18	terms	term	NOUN
ejge-7083	219	19	(	(	PUNCT
ejge-7083	219	20	%	%	INTJ
ejge-7083	219	21	)	)	PUNCT
ejge-7083	219	22	10y_sb	10y_sb	NUM
ejge-7083	220	1	+	+	CCONJ
ejge-7083	220	2	interest	interest	NOUN
ejge-7083	220	3	rate	rate	NOUN
ejge-7083	220	4	spread	spread	NOUN
ejge-7083	220	5	difference	difference	NOUN
ejge-7083	220	6	between	between	ADP
ejge-7083	220	7	10	10	NUM
ejge-7083	220	8	-	-	PUNCT
ejge-7083	220	9	year	year	NOUN
ejge-7083	220	10	bond	bond	NOUN
ejge-7083	220	11	yield	yield	NOUN
ejge-7083	220	12	and	and	CCONJ
ejge-7083	220	13	12	12	NUM
ejge-7083	220	14	-	-	PUNCT
ejge-7083	220	15	month	month	NOUN
ejge-7083	220	16	euribor	euribor	NOUN
ejge-7083	220	17	(	(	PUNCT
ejge-7083	220	18	%	%	INTJ
ejge-7083	220	19	)	)	PUNCT
ejge-7083	220	20	spread	spread	VERB
ejge-7083	220	21	+	+	CCONJ
ejge-7083	220	22	real	real	ADJ
ejge-7083	220	23	gdp	gdp	NOUN
ejge-7083	220	24	index	index	NOUN
ejge-7083	220	25	.	.	PUNCT
ejge-7083	221	1	base	base	NOUN
ejge-7083	221	2	2010	2010	NUM
ejge-7083	221	3	gdp	gdp	NOUN
ejge-7083	221	4	+	+	CCONJ
ejge-7083	221	5	c5	c5	PROPN
ejge-7083	221	6	concentration	concentration	NOUN
ejge-7083	221	7	index	index	NOUN
ejge-7083	221	8	of	of	ADP
ejge-7083	221	9	the	the	DET
ejge-7083	221	10	five	five	NUM
ejge-7083	221	11	largest	large	ADJ
ejge-7083	221	12	banks	bank	NOUN
ejge-7083	221	13	.	.	PUNCT
ejge-7083	222	1	c5	c5	PROPN
ejge-7083	222	2	+	+	CCONJ
ejge-7083	222	3	hh	hh	PROPN
ejge-7083	222	4	herfindahl	herfindahl	PROPN
ejge-7083	222	5	hirschman	hirschman	NOUN
ejge-7083	222	6	index	index	NOUN
ejge-7083	222	7	hh	hh	PROPN
ejge-7083	222	8	+	+	CCONJ
ejge-7083	222	9	david	david	PROPN
ejge-7083	222	10	boto	boto	PROPN
ejge-7083	222	11	-	-	PUNCT
ejge-7083	222	12	garcía	garcía	VERB
ejge-7083	222	13	et	et	PROPN
ejge-7083	222	14	al	al	PROPN
ejge-7083	222	15	.	.	PUNCT
ejge-7083	222	16	/	/	SYM
ejge-7083	222	17	european	european	PROPN
ejge-7083	222	18	journal	journal	PROPN
ejge-7083	222	19	of	of	ADP
ejge-7083	222	20	government	government	NOUN
ejge-7083	222	21	and	and	CCONJ
ejge-7083	222	22	economics	economic	NOUN
ejge-7083	222	23	10(1	10(1	NUM
ejge-7083	222	24	)	)	PUNCT
ejge-7083	222	25	,	,	PUNCT
ejge-7083	222	26	june	june	PROPN
ejge-7083	222	27	2021	2021	NUM
ejge-7083	222	28	,	,	PUNCT
ejge-7083	222	29	5	5	NUM
ejge-7083	222	30	-	-	SYM
ejge-7083	222	31	29	29	NUM
ejge-7083	222	32	15	15	NUM
ejge-7083	222	33	table	table	NOUN
ejge-7083	222	34	2	2	NUM
ejge-7083	222	35	.	.	PUNCT
ejge-7083	222	36	descriptive	descriptive	ADJ
ejge-7083	222	37	statistics	statistic	NOUN
ejge-7083	222	38	.	.	PUNCT
ejge-7083	223	1	table	table	NOUN
ejge-7083	223	2	3	3	NUM
ejge-7083	223	3	reports	report	VERB
ejge-7083	223	4	the	the	DET
ejge-7083	223	5	evolution	evolution	NOUN
ejge-7083	223	6	of	of	ADP
ejge-7083	223	7	the	the	DET
ejge-7083	223	8	explanatory	explanatory	ADJ
ejge-7083	223	9	variables	variable	NOUN
ejge-7083	223	10	by	by	ADP
ejge-7083	223	11	presenting	present	VERB
ejge-7083	223	12	their	their	PRON
ejge-7083	223	13	values	value	NOUN
ejge-7083	223	14	in	in	ADP
ejge-7083	223	15	the	the	DET
ejge-7083	223	16	last	last	ADJ
ejge-7083	223	17	quarter	quarter	NOUN
ejge-7083	223	18	of	of	ADP
ejge-7083	223	19	the	the	DET
ejge-7083	223	20	years	year	NOUN
ejge-7083	223	21	1995	1995	NUM
ejge-7083	223	22	,	,	PUNCT
ejge-7083	223	23	2000	2000	NUM
ejge-7083	223	24	,	,	PUNCT
ejge-7083	223	25	2005	2005	NUM
ejge-7083	223	26	,	,	PUNCT
ejge-7083	223	27	2010	2010	NUM
ejge-7083	223	28	and	and	CCONJ
ejge-7083	223	29	2016	2016	NUM
ejge-7083	223	30	.	.	PUNCT
ejge-7083	224	1	the	the	DET
ejge-7083	224	2	return	return	NOUN
ejge-7083	224	3	on	on	ADP
ejge-7083	224	4	average	average	ADJ
ejge-7083	224	5	assets	asset	NOUN
ejge-7083	224	6	(	(	PUNCT
ejge-7083	224	7	roaa	roaa	PROPN
ejge-7083	224	8	)	)	PUNCT
ejge-7083	224	9	remained	remain	VERB
ejge-7083	224	10	stable	stable	ADJ
ejge-7083	224	11	around	around	ADP
ejge-7083	224	12	1.1	1.1	NUM
ejge-7083	224	13	%	%	NOUN
ejge-7083	224	14	during	during	ADP
ejge-7083	224	15	the	the	DET
ejge-7083	224	16	decade	decade	NOUN
ejge-7083	224	17	1995	1995	NUM
ejge-7083	224	18	-	-	SYM
ejge-7083	224	19	2005	2005	NUM
ejge-7083	224	20	but	but	CCONJ
ejge-7083	224	21	has	have	AUX
ejge-7083	224	22	experienced	experience	VERB
ejge-7083	224	23	a	a	DET
ejge-7083	224	24	notable	notable	ADJ
ejge-7083	224	25	drop	drop	NOUN
ejge-7083	224	26	over	over	ADP
ejge-7083	224	27	the	the	DET
ejge-7083	224	28	last	last	ADJ
ejge-7083	224	29	ten	ten	NUM
ejge-7083	224	30	years	year	NOUN
ejge-7083	224	31	.	.	PUNCT
ejge-7083	225	1	the	the	DET
ejge-7083	225	2	12	12	NUM
ejge-7083	225	3	-	-	PUNCT
ejge-7083	225	4	month	month	NOUN
ejge-7083	225	5	euribor	euribor	NOUN
ejge-7083	225	6	rate	rate	NOUN
ejge-7083	225	7	(	(	PUNCT
ejge-7083	225	8	eurib_12	eurib_12	X
ejge-7083	225	9	)	)	PUNCT
ejge-7083	225	10	is	be	AUX
ejge-7083	225	11	the	the	DET
ejge-7083	225	12	variable	variable	NOUN
ejge-7083	225	13	that	that	PRON
ejge-7083	225	14	has	have	AUX
ejge-7083	225	15	suffered	suffer	VERB
ejge-7083	225	16	the	the	DET
ejge-7083	225	17	largest	large	ADJ
ejge-7083	225	18	decline	decline	NOUN
ejge-7083	225	19	,	,	PUNCT
ejge-7083	225	20	falling	fall	VERB
ejge-7083	225	21	from	from	ADP
ejge-7083	225	22	4.83	4.83	NUM
ejge-7083	225	23	%	%	NOUN
ejge-7083	225	24	in	in	ADP
ejge-7083	225	25	1995	1995	NUM
ejge-7083	225	26	to	to	ADP
ejge-7083	225	27	-1.64	-1.64	NUM
ejge-7083	225	28	%	%	NOUN
ejge-7083	225	29	(	(	PUNCT
ejge-7083	225	30	in	in	ADP
ejge-7083	225	31	real	real	ADJ
ejge-7083	225	32	terms	term	NOUN
ejge-7083	225	33	)	)	PUNCT
ejge-7083	225	34	by	by	ADP
ejge-7083	225	35	the	the	DET
ejge-7083	225	36	end	end	NOUN
ejge-7083	225	37	of	of	ADP
ejge-7083	225	38	2016	2016	NUM
ejge-7083	225	39	.	.	PUNCT
ejge-7083	226	1	the	the	DET
ejge-7083	226	2	10year	10year	NUM
ejge-7083	226	3	sovereign	sovereign	ADJ
ejge-7083	226	4	bond	bond	NOUN
ejge-7083	226	5	rate	rate	NOUN
ejge-7083	226	6	(	(	PUNCT
ejge-7083	226	7	10y_sb	10y_sb	NUM
ejge-7083	226	8	)	)	PUNCT
ejge-7083	226	9	has	have	AUX
ejge-7083	226	10	also	also	ADV
ejge-7083	226	11	substantially	substantially	ADV
ejge-7083	226	12	changed	change	VERB
ejge-7083	226	13	over	over	ADP
ejge-7083	226	14	time	time	NOUN
ejge-7083	226	15	.	.	PUNCT
ejge-7083	227	1	the	the	DET
ejge-7083	227	2	stock	stock	NOUN
ejge-7083	227	3	of	of	ADP
ejge-7083	227	4	performing	perform	VERB
ejge-7083	227	5	loans	loan	NOUN
ejge-7083	227	6	(	(	PUNCT
ejge-7083	227	7	loans	loan	NOUN
ejge-7083	227	8	)	)	PUNCT
ejge-7083	227	9	has	have	AUX
ejge-7083	227	10	continuously	continuously	ADV
ejge-7083	227	11	increased	increase	VERB
ejge-7083	227	12	during	during	ADP
ejge-7083	227	13	the	the	DET
ejge-7083	227	14	real	real	ADJ
ejge-7083	227	15	estate	estate	NOUN
ejge-7083	227	16	boom	boom	NOUN
ejge-7083	227	17	but	but	CCONJ
ejge-7083	227	18	fell	fall	VERB
ejge-7083	227	19	after	after	ADP
ejge-7083	227	20	2010	2010	NUM
ejge-7083	227	21	.	.	PUNCT
ejge-7083	228	1	on	on	ADP
ejge-7083	228	2	the	the	DET
ejge-7083	228	3	other	other	ADJ
ejge-7083	228	4	hand	hand	NOUN
ejge-7083	228	5	,	,	PUNCT
ejge-7083	228	6	the	the	DET
ejge-7083	228	7	high	high	ADJ
ejge-7083	228	8	number	number	NOUN
ejge-7083	228	9	of	of	ADP
ejge-7083	228	10	bank	bank	NOUN
ejge-7083	228	11	mergers	merger	NOUN
ejge-7083	228	12	is	be	AUX
ejge-7083	228	13	the	the	DET
ejge-7083	228	14	main	main	ADJ
ejge-7083	228	15	reason	reason	NOUN
ejge-7083	228	16	for	for	ADP
ejge-7083	228	17	the	the	DET
ejge-7083	228	18	increase	increase	NOUN
ejge-7083	228	19	in	in	ADP
ejge-7083	228	20	the	the	DET
ejge-7083	228	21	c5	c5	PROPN
ejge-7083	228	22	ratio	ratio	NOUN
ejge-7083	228	23	and	and	CCONJ
ejge-7083	228	24	the	the	DET
ejge-7083	228	25	hh	hh	PROPN
ejge-7083	228	26	index	index	NOUN
ejge-7083	228	27	in	in	ADP
ejge-7083	228	28	the	the	DET
ejge-7083	228	29	period	period	NOUN
ejge-7083	228	30	2010	2010	NUM
ejge-7083	228	31	-	-	SYM
ejge-7083	228	32	2016	2016	NUM
ejge-7083	228	33	.	.	PUNCT
ejge-7083	229	1	table	table	NOUN
ejge-7083	229	2	3	3	NUM
ejge-7083	229	3	.	.	PUNCT
ejge-7083	230	1	explanatory	explanatory	ADJ
ejge-7083	230	2	variables	variable	NOUN
ejge-7083	230	3	evolution	evolution	NOUN
ejge-7083	230	4	.	.	PUNCT
ejge-7083	231	1	december	december	PROPN
ejge-7083	231	2	1995	1995	NUM
ejge-7083	231	3	,	,	PUNCT
ejge-7083	231	4	2000	2000	NUM
ejge-7083	231	5	,	,	PUNCT
ejge-7083	231	6	2005	2005	NUM
ejge-7083	231	7	,	,	PUNCT
ejge-7083	231	8	2010	2010	NUM
ejge-7083	231	9	and	and	CCONJ
ejge-7083	231	10	2016	2016	NUM
ejge-7083	231	11	.	.	PUNCT
ejge-7083	232	1	3.4	3.4	NUM
ejge-7083	232	2	.	.	NOUN
ejge-7083	232	3	time	time	PROPN
ejge-7083	232	4	series	series	PROPN
ejge-7083	232	5	stationarity	stationarity	PROPN
ejge-7083	232	6	prior	prior	ADV
ejge-7083	232	7	to	to	ADP
ejge-7083	232	8	the	the	DET
ejge-7083	232	9	empirical	empirical	ADJ
ejge-7083	232	10	analysis	analysis	NOUN
ejge-7083	232	11	,	,	PUNCT
ejge-7083	232	12	we	we	PRON
ejge-7083	232	13	tested	test	VERB
ejge-7083	232	14	the	the	DET
ejge-7083	232	15	stationarity	stationarity	NOUN
ejge-7083	232	16	of	of	ADP
ejge-7083	232	17	the	the	DET
ejge-7083	232	18	time	time	NOUN
ejge-7083	232	19	series	series	NOUN
ejge-7083	232	20	.	.	PUNCT
ejge-7083	233	1	since	since	SCONJ
ejge-7083	233	2	taking	take	VERB
ejge-7083	233	3	natural	natural	ADJ
ejge-7083	233	4	logs	log	NOUN
ejge-7083	233	5	is	be	AUX
ejge-7083	233	6	a	a	DET
ejge-7083	233	7	type	type	NOUN
ejge-7083	233	8	of	of	ADP
ejge-7083	233	9	box	box	NOUN
ejge-7083	233	10	-	-	PUNCT
ejge-7083	233	11	cox	cox	PROPN
ejge-7083	233	12	transformation	transformation	NOUN
ejge-7083	233	13	that	that	PRON
ejge-7083	233	14	is	be	AUX
ejge-7083	233	15	used	use	VERB
ejge-7083	233	16	to	to	PART
ejge-7083	233	17	achieve	achieve	VERB
ejge-7083	233	18	variance	variance	NOUN
ejge-7083	233	19	stationarity	stationarity	NOUN
ejge-7083	233	20	and	and	CCONJ
ejge-7083	233	21	it	it	PRON
ejge-7083	233	22	also	also	ADV
ejge-7083	233	23	facilitates	facilitate	VERB
ejge-7083	233	24	the	the	DET
ejge-7083	233	25	coefficient	coefficient	NOUN
ejge-7083	233	26	interpretation	interpretation	NOUN
ejge-7083	233	27	,	,	PUNCT
ejge-7083	233	28	we	we	PRON
ejge-7083	233	29	first	first	ADV
ejge-7083	233	30	log	log	NOUN
ejge-7083	233	31	transformed	transform	VERB
ejge-7083	233	32	the	the	DET
ejge-7083	233	33	variables	variable	NOUN
ejge-7083	233	34	loans	loan	NOUN
ejge-7083	233	35	,	,	PUNCT
ejge-7083	233	36	ecb	ecb	NOUN
ejge-7083	233	37	's	's	PART
ejge-7083	233	38	assets	asset	NOUN
ejge-7083	233	39	,	,	PUNCT
ejge-7083	233	40	gdp	gdp	NOUN
ejge-7083	233	41	,	,	PUNCT
ejge-7083	233	42	c5	c5	PROPN
ejge-7083	233	43	and	and	CCONJ
ejge-7083	233	44	hh.8	hh.8	PROPN
ejge-7083	233	45	because	because	SCONJ
ejge-7083	233	46	of	of	ADP
ejge-7083	233	47	the	the	DET
ejge-7083	233	48	quarterly	quarterly	ADJ
ejge-7083	233	49	frequency	frequency	NOUN
ejge-7083	233	50	of	of	ADP
ejge-7083	233	51	the	the	DET
ejge-7083	233	52	data	datum	NOUN
ejge-7083	233	53	,	,	PUNCT
ejge-7083	233	54	we	we	PRON
ejge-7083	233	55	then	then	ADV
ejge-7083	233	56	analysed	analyse	VERB
ejge-7083	233	57	the	the	DET
ejge-7083	233	58	8	8	NUM
ejge-7083	233	59	we	we	PRON
ejge-7083	233	60	do	do	AUX
ejge-7083	233	61	not	not	PART
ejge-7083	233	62	take	take	VERB
ejge-7083	233	63	the	the	DET
ejge-7083	233	64	logs	log	NOUN
ejge-7083	233	65	of	of	ADP
ejge-7083	233	66	the	the	DET
ejge-7083	233	67	profitability	profitability	NOUN
ejge-7083	233	68	indicators	indicator	NOUN
ejge-7083	233	69	or	or	CCONJ
ejge-7083	233	70	the	the	DET
ejge-7083	233	71	interest	interest	NOUN
ejge-7083	233	72	rates	rate	NOUN
ejge-7083	233	73	because	because	SCONJ
ejge-7083	233	74	these	these	DET
ejge-7083	233	75	variables	variable	NOUN
ejge-7083	233	76	take	take	VERB
ejge-7083	233	77	negative	negative	ADJ
ejge-7083	233	78	values	value	NOUN
ejge-7083	233	79	in	in	ADP
ejge-7083	233	80	some	some	DET
ejge-7083	233	81	periods	period	NOUN
ejge-7083	233	82	.	.	PUNCT
ejge-7083	234	1	variable	variable	ADJ
ejge-7083	234	2	unit	unit	NOUN
ejge-7083	234	3	mean	mean	VERB
ejge-7083	234	4	sd	sd	ADP
ejge-7083	234	5	min	min	PROPN
ejge-7083	234	6	max	max	PROPN
ejge-7083	234	7	roaa	roaa	VERB
ejge-7083	234	8	%	%	NOUN
ejge-7083	234	9	0.659	0.659	NUM
ejge-7083	234	10	0.998	0.998	NUM
ejge-7083	234	11	-3.566	-3.566	SYM
ejge-7083	234	12	1.570	1.570	NUM
ejge-7083	234	13	roae	roae	NOUN
ejge-7083	234	14	%	%	NOUN
ejge-7083	234	15	8.906	8.906	NUM
ejge-7083	234	16	12.240	12.240	NUM
ejge-7083	234	17	-41.34	-41.34	SYM
ejge-7083	234	18	23.71	23.71	NUM
ejge-7083	234	19	loans	loan	NOUN
ejge-7083	234	20	million	million	NUM
ejge-7083	234	21	€	€	SYM
ejge-7083	234	22	1,345,900	1,345,900	NUM
ejge-7083	234	23	485,440	485,440	NUM
ejge-7083	234	24	634,960	634,960	NUM
ejge-7083	234	25	2,146,900	2,146,900	NUM
ejge-7083	234	26	ecb	ecb	NOUN
ejge-7083	234	27	assets	asset	NOUN
ejge-7083	234	28	million	million	NUM
ejge-7083	234	29	€	€	SYM
ejge-7083	234	30	1.74e09	1.74e09	NUM
ejge-7083	234	31	6.90e-08	6.90e-08	NUM
ejge-7083	235	1	1.0e09	1.0e09	NUM
ejge-7083	235	2	3.40e09	3.40e09	NUM
ejge-7083	235	3	eurib_12	eurib_12	INTJ
ejge-7083	235	4	%	%	NOUN
ejge-7083	235	5	0.54	0.54	NUM
ejge-7083	235	6	1.90	1.90	NUM
ejge-7083	235	7	-4.11	-4.11	NOUN
ejge-7083	235	8	5.40	5.40	NUM
ejge-7083	235	9	eurib_3	eurib_3	NUM
ejge-7083	235	10	%	%	NOUN
ejge-7083	235	11	-0.01	-0.01	NUM
ejge-7083	235	12	1.44	1.44	NUM
ejge-7083	235	13	-4.60	-4.60	NUM
ejge-7083	235	14	2.36	2.36	NUM
ejge-7083	235	15	10y_sb	10y_sb	NUM
ejge-7083	235	16	%	%	NOUN
ejge-7083	235	17	2.20	2.20	NUM
ejge-7083	235	18	1.80	1.80	NUM
ejge-7083	235	19	-1.05	-1.05	NUM
ejge-7083	235	20	7.16	7.16	NUM
ejge-7083	235	21	spread	spread	VERB
ejge-7083	235	22	%	%	NOUN
ejge-7083	235	23	1.66	1.66	NUM
ejge-7083	235	24	1.28	1.28	NUM
ejge-7083	235	25	-0.815	-0.815	NOUN
ejge-7083	235	26	5.37	5.37	NUM
ejge-7083	235	27	gdp	gdp	NOUN
ejge-7083	235	28	index	index	NOUN
ejge-7083	235	29	(	(	PUNCT
ejge-7083	235	30	2010=100	2010=100	NUM
ejge-7083	235	31	)	)	PUNCT
ejge-7083	235	32	89.47	89.47	NUM
ejge-7083	235	33	12.09	12.09	NUM
ejge-7083	235	34	65.12	65.12	NUM
ejge-7083	235	35	104.4	104.4	NUM
ejge-7083	235	36	c5	c5	PROPN
ejge-7083	235	37	ratio	ratio	NOUN
ejge-7083	235	38	0.47	0.47	NUM
ejge-7083	235	39	0.06	0.06	NUM
ejge-7083	235	40	0.38	0.38	NUM
ejge-7083	235	41	0.60	0.60	NUM
ejge-7083	235	42	hh	hh	NOUN
ejge-7083	235	43	index	index	NOUN
ejge-7083	235	44	528.90	528.90	NUM
ejge-7083	235	45	188.40	188.40	NUM
ejge-7083	235	46	213.00	213.00	NUM
ejge-7083	235	47	937.00	937.00	NUM
ejge-7083	235	48	variable	variable	ADJ
ejge-7083	235	49	1995	1995	NUM
ejge-7083	235	50	2000	2000	NUM
ejge-7083	235	51	2005	2005	NUM
ejge-7083	235	52	2010	2010	NUM
ejge-7083	235	53	2016	2016	NUM
ejge-7083	235	54	roaa	roaa	VERB
ejge-7083	235	55	1.05	1.05	NUM
ejge-7083	235	56	1.22	1.22	NUM
ejge-7083	235	57	1.07	1.07	NUM
ejge-7083	235	58	0.40	0.40	NUM
ejge-7083	235	59	0.35	0.35	NUM
ejge-7083	235	60	roae	roae	NOUN
ejge-7083	235	61	13.34	13.34	NUM
ejge-7083	235	62	15.32	15.32	NUM
ejge-7083	235	63	14.43	14.43	NUM
ejge-7083	235	64	5.38	5.38	NUM
ejge-7083	235	65	3.105	3.105	NUM
ejge-7083	235	66	loans	loan	NOUN
ejge-7083	235	67	669,349	669,349	NUM
ejge-7083	235	68	943,320	943,320	NUM
ejge-7083	235	69	1,598,220	1,598,220	NUM
ejge-7083	235	70	1,984,730	1,984,730	NUM
ejge-7083	235	71	1,254,060	1,254,060	NUM
ejge-7083	235	72	ecb	ecb	NOUN
ejge-7083	235	73	assets	asset	NOUN
ejge-7083	235	74	1.15e09	1.15e09	NUM
ejge-7083	235	75	1.18e-09	1.18e-09	NUM
ejge-7083	235	76	1.98e-09	1.98e-09	NUM
ejge-7083	235	77	3.40e-09	3.40e-09	NUM
ejge-7083	235	78	eurib_12	eurib_12	PROPN
ejge-7083	235	79	4.83	4.83	NUM
ejge-7083	235	80	0.92	0.92	NUM
ejge-7083	235	81	-0.95	-0.95	NUM
ejge-7083	235	82	-1.46	-1.46	NUM
ejge-7083	235	83	-1.64	-1.64	X
ejge-7083	235	84	eurib_3	eurib_3	NUM
ejge-7083	235	85	1.19	1.19	NUM
ejge-7083	235	86	0.98	0.98	NUM
ejge-7083	235	87	-1.26	-1.26	NUM
ejge-7083	235	88	-1.96	-1.96	NUM
ejge-7083	235	89	-1.88	-1.88	NUM
ejge-7083	235	90	10y_sb	10y_sb	NUM
ejge-7083	235	91	5.64	5.64	NUM
ejge-7083	235	92	1.24	1.24	NUM
ejge-7083	235	93	-0.36	-0.36	NUM
ejge-7083	235	94	2.38	2.38	NUM
ejge-7083	235	95	-0.14	-0.14	NUM
ejge-7083	235	96	spread	spread	VERB
ejge-7083	235	97	0.81	0.81	NUM
ejge-7083	235	98	0.32	0.32	NUM
ejge-7083	235	99	0.58	0.58	NUM
ejge-7083	235	100	3.85	3.85	NUM
ejge-7083	235	101	1.50	1.50	NUM
ejge-7083	235	102	gdp	gdp	NOUN
ejge-7083	235	103	66.34	66.34	NUM
ejge-7083	235	104	81.64	81.64	NUM
ejge-7083	235	105	96.29	96.29	NUM
ejge-7083	235	106	100.00	100.00	NUM
ejge-7083	235	107	103.11	103.11	NUM
ejge-7083	235	108	c5	c5	PROPN
ejge-7083	235	109	0.38	0.38	NUM
ejge-7083	235	110	0.56	0.56	NUM
ejge-7083	235	111	0.44	0.44	NUM
ejge-7083	235	112	0.45	0.45	NUM
ejge-7083	235	113	0.60	0.60	NUM
ejge-7083	235	114	hh	hh	PROPN
ejge-7083	235	115	213	213	NUM
ejge-7083	235	116	561	561	NUM
ejge-7083	235	117	487	487	NUM
ejge-7083	235	118	528	528	NUM
ejge-7083	235	119	937	937	NUM
ejge-7083	235	120	david	david	PROPN
ejge-7083	235	121	boto	boto	PROPN
ejge-7083	235	122	-	-	PUNCT
ejge-7083	235	123	garcía	garcía	VERB
ejge-7083	235	124	et	et	PROPN
ejge-7083	235	125	al	al	PROPN
ejge-7083	235	126	.	.	PUNCT
ejge-7083	235	127	/	/	SYM
ejge-7083	235	128	european	european	PROPN
ejge-7083	235	129	journal	journal	PROPN
ejge-7083	235	130	of	of	ADP
ejge-7083	235	131	government	government	NOUN
ejge-7083	235	132	and	and	CCONJ
ejge-7083	235	133	economics	economic	NOUN
ejge-7083	235	134	10(1	10(1	NUM
ejge-7083	235	135	)	)	PUNCT
ejge-7083	235	136	,	,	PUNCT
ejge-7083	235	137	june	june	PROPN
ejge-7083	235	138	2021	2021	NUM
ejge-7083	235	139	,	,	PUNCT
ejge-7083	235	140	5	5	NUM
ejge-7083	235	141	-	-	SYM
ejge-7083	235	142	29	29	NUM
ejge-7083	235	143	16	16	NUM
ejge-7083	235	144	existence	existence	NOUN
ejge-7083	235	145	of	of	ADP
ejge-7083	235	146	seasonal	seasonal	ADJ
ejge-7083	235	147	unit	unit	NOUN
ejge-7083	235	148	roots	root	NOUN
ejge-7083	235	149	through	through	ADP
ejge-7083	235	150	the	the	DET
ejge-7083	235	151	hegy	hegy	NOUN
ejge-7083	235	152	test	test	NOUN
ejge-7083	235	153	(	(	PUNCT
ejge-7083	235	154	hylleberg	hylleberg	PROPN
ejge-7083	235	155	et	et	PROPN
ejge-7083	235	156	al	al	PROPN
ejge-7083	235	157	.	.	PROPN
ejge-7083	235	158	,	,	PUNCT
ejge-7083	235	159	1990	1990	NUM
ejge-7083	235	160	)	)	PUNCT
ejge-7083	235	161	.	.	PUNCT
ejge-7083	236	1	finally	finally	ADV
ejge-7083	236	2	,	,	PUNCT
ejge-7083	236	3	the	the	DET
ejge-7083	236	4	existence	existence	NOUN
ejge-7083	236	5	of	of	ADP
ejge-7083	236	6	at	at	ADV
ejge-7083	236	7	least	least	ADV
ejge-7083	236	8	two	two	NUM
ejge-7083	236	9	regular	regular	ADJ
ejge-7083	236	10	unit	unit	NOUN
ejge-7083	236	11	roots	root	NOUN
ejge-7083	236	12	was	be	AUX
ejge-7083	236	13	tested	test	VERB
ejge-7083	236	14	by	by	ADP
ejge-7083	236	15	applying	apply	VERB
ejge-7083	236	16	the	the	DET
ejge-7083	236	17	dickey	dickey	NOUN
ejge-7083	236	18	and	and	CCONJ
ejge-7083	236	19	fuller	full	ADJ
ejge-7083	236	20	adf	adf	PROPN
ejge-7083	236	21	(	(	PUNCT
ejge-7083	236	22	dickey	dickey	PROPN
ejge-7083	236	23	&	&	CCONJ
ejge-7083	236	24	fuller	full	ADJ
ejge-7083	236	25	,	,	PUNCT
ejge-7083	236	26	1979	1979	NUM
ejge-7083	236	27	)	)	PUNCT
ejge-7083	236	28	and	and	CCONJ
ejge-7083	236	29	philips	philips	PROPN
ejge-7083	236	30	and	and	CCONJ
ejge-7083	236	31	perron	perron	PROPN
ejge-7083	236	32	(	(	PUNCT
ejge-7083	236	33	philips	philips	PROPN
ejge-7083	236	34	&	&	CCONJ
ejge-7083	236	35	perron	perron	PROPN
ejge-7083	236	36	,	,	PUNCT
ejge-7083	236	37	1988	1988	NUM
ejge-7083	236	38	)	)	PUNCT
ejge-7083	236	39	tests	test	NOUN
ejge-7083	236	40	.	.	PUNCT
ejge-7083	237	1	the	the	DET
ejge-7083	237	2	reader	reader	NOUN
ejge-7083	237	3	is	be	AUX
ejge-7083	237	4	referred	refer	VERB
ejge-7083	237	5	to	to	PART
ejge-7083	237	6	appendix	appendix	VERB
ejge-7083	237	7	i	i	PRON
ejge-7083	237	8	for	for	ADP
ejge-7083	237	9	details	detail	NOUN
ejge-7083	237	10	.	.	PUNCT
ejge-7083	238	1	the	the	DET
ejge-7083	238	2	hegy	hegy	NOUN
ejge-7083	238	3	tests	test	NOUN
ejge-7083	238	4	suggest	suggest	VERB
ejge-7083	238	5	there	there	PRON
ejge-7083	238	6	is	be	VERB
ejge-7083	238	7	a	a	DET
ejge-7083	238	8	seasonal	seasonal	ADJ
ejge-7083	238	9	unit	unit	NOUN
ejge-7083	238	10	root	root	NOUN
ejge-7083	238	11	associated	associate	VERB
ejge-7083	238	12	with	with	ADP
ejge-7083	238	13	frequency	frequency	NOUN
ejge-7083	238	14	π	π	NOUN
ejge-7083	238	15	(	(	PUNCT
ejge-7083	238	16	every	every	DET
ejge-7083	238	17	two	two	NUM
ejge-7083	238	18	quarterly	quarterly	ADJ
ejge-7083	238	19	periods	period	NOUN
ejge-7083	238	20	)	)	PUNCT
ejge-7083	238	21	for	for	ADP
ejge-7083	238	22	log	log	NOUN
ejge-7083	238	23	loans	loan	NOUN
ejge-7083	238	24	.	.	PUNCT
ejge-7083	239	1	consequently	consequently	ADV
ejge-7083	239	2	,	,	PUNCT
ejge-7083	239	3	this	this	DET
ejge-7083	239	4	series	series	NOUN
ejge-7083	239	5	has	have	AUX
ejge-7083	239	6	been	be	AUX
ejge-7083	239	7	filtered	filter	VERB
ejge-7083	239	8	by	by	ADP
ejge-7083	239	9	δ2	δ2	VERB
ejge-7083	239	10	so	so	SCONJ
ejge-7083	239	11	that	that	SCONJ
ejge-7083	239	12	the	the	DET
ejge-7083	239	13	transformed	transform	VERB
ejge-7083	239	14	series	series	NOUN
ejge-7083	239	15	is	be	AUX
ejge-7083	239	16	given	give	VERB
ejge-7083	239	17	by	by	ADP
ejge-7083	239	18	𝐿𝐿𝐿𝐿𝐿𝐿	𝐿𝐿𝐿𝐿𝐿𝐿	ADJ
ejge-7083	239	19	𝐿𝐿𝐿𝐿𝐿𝐿𝐿𝐿𝐿𝐿𝑡𝑡	𝐿𝐿𝐿𝐿𝐿𝐿𝐿𝐿𝐿𝐿𝑡𝑡	NUM
ejge-7083	239	20	–	–	PUNCT
ejge-7083	239	21	𝐿𝐿𝐿𝐿𝐿𝐿	𝐿𝐿𝐿𝐿𝐿𝐿	PROPN
ejge-7083	239	22	𝐿𝐿𝐿𝐿𝐿𝐿𝐿𝐿𝐿𝐿𝑡𝑡−2	𝐿𝐿𝐿𝐿𝐿𝐿𝐿𝐿𝐿𝐿𝑡𝑡−2	PROPN
ejge-7083	239	23	.	.	PUNCT
ejge-7083	240	1	the	the	DET
ejge-7083	240	2	adf	adf	NOUN
ejge-7083	240	3	and	and	CCONJ
ejge-7083	240	4	pp	pp	PROPN
ejge-7083	240	5	tests	test	NOUN
ejge-7083	240	6	indicate	indicate	VERB
ejge-7083	240	7	that	that	SCONJ
ejge-7083	240	8	the	the	DET
ejge-7083	240	9	variable	variable	NOUN
ejge-7083	240	10	10y_sb	10y_sb	NUM
ejge-7083	240	11	is	be	AUX
ejge-7083	240	12	a	a	DET
ejge-7083	240	13	stationary	stationary	ADJ
ejge-7083	240	14	process	process	NOUN
ejge-7083	240	15	in	in	ADP
ejge-7083	240	16	levels	level	NOUN
ejge-7083	240	17	.	.	PUNCT
ejge-7083	241	1	conversely	conversely	ADV
ejge-7083	241	2	,	,	PUNCT
ejge-7083	241	3	log	log	PROPN
ejge-7083	241	4	ecb	ecb	NOUN
ejge-7083	241	5	's	's	PART
ejge-7083	241	6	assets	asset	NOUN
ejge-7083	241	7	,	,	PUNCT
ejge-7083	241	8	eurib_12	eurib_12	PROPN
ejge-7083	241	9	,	,	PUNCT
ejge-7083	241	10	eurib_3	eurib_3	VERB
ejge-7083	241	11	,	,	PUNCT
ejge-7083	241	12	spread	spread	VERB
ejge-7083	241	13	,	,	PUNCT
ejge-7083	241	14	log	log	PROPN
ejge-7083	241	15	c5	c5	PROPN
ejge-7083	241	16	and	and	CCONJ
ejge-7083	241	17	log	log	VERB
ejge-7083	241	18	hh	hh	NOUN
ejge-7083	241	19	are	be	AUX
ejge-7083	241	20	i(1	i(1	PROPN
ejge-7083	241	21	)	)	PUNCT
ejge-7083	241	22	series	series	NOUN
ejge-7083	241	23	that	that	PRON
ejge-7083	241	24	need	need	VERB
ejge-7083	241	25	to	to	PART
ejge-7083	241	26	be	be	AUX
ejge-7083	241	27	differentiated	differentiate	VERB
ejge-7083	241	28	with	with	ADP
ejge-7083	241	29	respect	respect	NOUN
ejge-7083	241	30	to	to	ADP
ejge-7083	241	31	their	their	PRON
ejge-7083	241	32	first	first	ADJ
ejge-7083	241	33	lag	lag	NOUN
ejge-7083	241	34	to	to	PART
ejge-7083	241	35	become	become	VERB
ejge-7083	241	36	stationary	stationary	ADJ
ejge-7083	241	37	.	.	PUNCT
ejge-7083	242	1	we	we	PRON
ejge-7083	242	2	also	also	ADV
ejge-7083	242	3	document	document	VERB
ejge-7083	242	4	there	there	PRON
ejge-7083	242	5	is	be	VERB
ejge-7083	242	6	a	a	DET
ejge-7083	242	7	structural	structural	ADJ
ejge-7083	242	8	break	break	NOUN
ejge-7083	242	9	in	in	ADP
ejge-7083	242	10	roaa	roaa	NOUN
ejge-7083	242	11	,	,	PUNCT
ejge-7083	242	12	roae	roae	NOUN
ejge-7083	242	13	and	and	CCONJ
ejge-7083	242	14	gdp	gdp	NOUN
ejge-7083	242	15	.	.	PUNCT
ejge-7083	243	1	since	since	SCONJ
ejge-7083	243	2	the	the	DET
ejge-7083	243	3	adf	adf	PROPN
ejge-7083	243	4	and	and	CCONJ
ejge-7083	243	5	pp	pp	PROPN
ejge-7083	243	6	unit	unit	NOUN
ejge-7083	243	7	root	root	NOUN
ejge-7083	243	8	tests	test	NOUN
ejge-7083	243	9	may	may	AUX
ejge-7083	243	10	be	be	AUX
ejge-7083	243	11	biased	bias	VERB
ejge-7083	243	12	in	in	ADP
ejge-7083	243	13	the	the	DET
ejge-7083	243	14	presence	presence	NOUN
ejge-7083	243	15	of	of	ADP
ejge-7083	243	16	a	a	DET
ejge-7083	243	17	structural	structural	ADJ
ejge-7083	243	18	break	break	NOUN
ejge-7083	243	19	(	(	PUNCT
ejge-7083	243	20	perron	perron	PROPN
ejge-7083	243	21	1989	1989	NUM
ejge-7083	243	22	)	)	PUNCT
ejge-7083	243	23	,	,	PUNCT
ejge-7083	243	24	we	we	PRON
ejge-7083	243	25	moved	move	VERB
ejge-7083	243	26	to	to	ADP
ejge-7083	243	27	the	the	DET
ejge-7083	243	28	zívot	zívot	NOUN
ejge-7083	243	29	and	and	CCONJ
ejge-7083	243	30	andrews	andrews	PROPN
ejge-7083	243	31	(	(	PUNCT
ejge-7083	243	32	1992	1992	NUM
ejge-7083	243	33	)	)	PUNCT
ejge-7083	243	34	test	test	NOUN
ejge-7083	243	35	to	to	PART
ejge-7083	243	36	determine	determine	VERB
ejge-7083	243	37	their	their	PRON
ejge-7083	243	38	integration	integration	NOUN
ejge-7083	243	39	order	order	NOUN
ejge-7083	243	40	.	.	PUNCT
ejge-7083	244	1	this	this	DET
ejge-7083	244	2	test	test	NOUN
ejge-7083	244	3	shows	show	VERB
ejge-7083	244	4	that	that	SCONJ
ejge-7083	244	5	roaa	roaa	VERB
ejge-7083	244	6	and	and	CCONJ
ejge-7083	244	7	roae	roae	NOUN
ejge-7083	244	8	are	be	AUX
ejge-7083	244	9	stationary	stationary	ADJ
ejge-7083	244	10	variables	variable	NOUN
ejge-7083	244	11	,	,	PUNCT
ejge-7083	244	12	with	with	ADP
ejge-7083	244	13	a	a	DET
ejge-7083	244	14	structural	structural	ADJ
ejge-7083	244	15	break	break	NOUN
ejge-7083	244	16	in	in	ADP
ejge-7083	244	17	the	the	DET
ejge-7083	244	18	last	last	ADJ
ejge-7083	244	19	quarter	quarter	NOUN
ejge-7083	244	20	of	of	ADP
ejge-7083	244	21	2011	2011	NUM
ejge-7083	244	22	.	.	PUNCT
ejge-7083	245	1	this	this	PRON
ejge-7083	245	2	can	can	AUX
ejge-7083	245	3	be	be	AUX
ejge-7083	245	4	a	a	DET
ejge-7083	245	5	consequence	consequence	NOUN
ejge-7083	245	6	of	of	ADP
ejge-7083	245	7	the	the	DET
ejge-7083	245	8	passing	passing	NOUN
ejge-7083	245	9	of	of	ADP
ejge-7083	245	10	the	the	DET
ejge-7083	245	11	previously	previously	ADV
ejge-7083	245	12	commented	comment	VERB
ejge-7083	245	13	royal	royal	ADJ
ejge-7083	245	14	decrees	decree	NOUN
ejge-7083	245	15	-	-	PUNCT
ejge-7083	245	16	laws	law	NOUN
ejge-7083	245	17	in	in	ADP
ejge-7083	245	18	february	february	PROPN
ejge-7083	245	19	and	and	CCONJ
ejge-7083	245	20	june	june	PROPN
ejge-7083	245	21	2012	2012	NUM
ejge-7083	245	22	that	that	PRON
ejge-7083	245	23	forced	force	VERB
ejge-7083	245	24	banks	bank	NOUN
ejge-7083	245	25	to	to	PART
ejge-7083	245	26	raise	raise	VERB
ejge-7083	245	27	their	their	PRON
ejge-7083	245	28	provisions	provision	NOUN
ejge-7083	245	29	for	for	ADP
ejge-7083	245	30	impairment	impairment	ADJ
ejge-7083	245	31	losses	loss	NOUN
ejge-7083	245	32	in	in	ADP
ejge-7083	245	33	the	the	DET
ejge-7083	245	34	balance	balance	NOUN
ejge-7083	245	35	sheet	sheet	NOUN
ejge-7083	245	36	.	.	PUNCT
ejge-7083	246	1	to	to	PART
ejge-7083	246	2	control	control	VERB
ejge-7083	246	3	for	for	ADP
ejge-7083	246	4	this	this	PRON
ejge-7083	246	5	in	in	ADP
ejge-7083	246	6	the	the	DET
ejge-7083	246	7	analysis	analysis	NOUN
ejge-7083	246	8	,	,	PUNCT
ejge-7083	246	9	we	we	PRON
ejge-7083	246	10	add	add	VERB
ejge-7083	246	11	a	a	DET
ejge-7083	246	12	dummy	dummy	ADJ
ejge-7083	246	13	variable	variable	NOUN
ejge-7083	246	14	(	(	PUNCT
ejge-7083	246	15	denoted	denote	VERB
ejge-7083	246	16	as	as	ADP
ejge-7083	246	17	d2012	d2012	NOUN
ejge-7083	246	18	)	)	PUNCT
ejge-7083	246	19	that	that	PRON
ejge-7083	246	20	takes	take	VERB
ejge-7083	246	21	value	value	NOUN
ejge-7083	246	22	one	one	NUM
ejge-7083	246	23	from	from	ADP
ejge-7083	246	24	the	the	DET
ejge-7083	246	25	first	first	ADJ
ejge-7083	246	26	quarter	quarter	NOUN
ejge-7083	246	27	of	of	ADP
ejge-7083	246	28	2012	2012	NUM
ejge-7083	246	29	onwards	onward	NOUN
ejge-7083	246	30	.	.	PUNCT
ejge-7083	247	1	finally	finally	ADV
ejge-7083	247	2	,	,	PUNCT
ejge-7083	247	3	the	the	DET
ejge-7083	247	4	variable	variable	ADJ
ejge-7083	247	5	log	log	NOUN
ejge-7083	247	6	gdp	gdp	NOUN
ejge-7083	247	7	is	be	AUX
ejge-7083	247	8	integrated	integrate	VERB
ejge-7083	247	9	of	of	ADP
ejge-7083	247	10	order	order	NOUN
ejge-7083	247	11	one	one	NUM
ejge-7083	247	12	,	,	PUNCT
ejge-7083	247	13	presenting	present	VERB
ejge-7083	247	14	a	a	DET
ejge-7083	247	15	structural	structural	ADJ
ejge-7083	247	16	break	break	NOUN
ejge-7083	247	17	in	in	ADP
ejge-7083	247	18	the	the	DET
ejge-7083	247	19	last	last	ADJ
ejge-7083	247	20	quarter	quarter	NOUN
ejge-7083	247	21	of	of	ADP
ejge-7083	247	22	2008	2008	NUM
ejge-7083	247	23	.	.	PUNCT
ejge-7083	248	1	apart	apart	ADV
ejge-7083	248	2	from	from	ADP
ejge-7083	248	3	the	the	DET
ejge-7083	248	4	above	above	ADV
ejge-7083	248	5	-	-	PUNCT
ejge-7083	248	6	mentioned	mention	VERB
ejge-7083	248	7	transformations	transformation	NOUN
ejge-7083	248	8	,	,	PUNCT
ejge-7083	248	9	our	our	PRON
ejge-7083	248	10	model	model	NOUN
ejge-7083	248	11	specification	specification	NOUN
ejge-7083	248	12	incorporates	incorporate	VERB
ejge-7083	248	13	i	i	PRON
ejge-7083	248	14	)	)	PUNCT
ejge-7083	248	15	a	a	DET
ejge-7083	248	16	time	time	NOUN
ejge-7083	248	17	trend	trend	NOUN
ejge-7083	248	18	,	,	PUNCT
ejge-7083	248	19	ii	ii	NOUN
ejge-7083	248	20	)	)	PUNCT
ejge-7083	248	21	quarter	quarter	NOUN
ejge-7083	248	22	dummies	dummy	NOUN
ejge-7083	248	23	to	to	PART
ejge-7083	248	24	control	control	VERB
ejge-7083	248	25	for	for	ADP
ejge-7083	248	26	potential	potential	ADJ
ejge-7083	248	27	seasonal	seasonal	ADJ
ejge-7083	248	28	effects	effect	NOUN
ejge-7083	248	29	,	,	PUNCT
ejge-7083	248	30	and	and	CCONJ
ejge-7083	248	31	ii	ii	X
ejge-7083	248	32	)	)	PUNCT
ejge-7083	248	33	a	a	DET
ejge-7083	248	34	dummy	dummy	ADJ
ejge-7083	248	35	variable	variable	NOUN
ejge-7083	248	36	for	for	ADP
ejge-7083	248	37	the	the	DET
ejge-7083	248	38	four	four	NUM
ejge-7083	248	39	quarters	quarter	NOUN
ejge-7083	248	40	of	of	ADP
ejge-7083	248	41	2010	2010	NUM
ejge-7083	248	42	(	(	PUNCT
ejge-7083	248	43	d2010	d2010	NOUN
ejge-7083	248	44	)	)	PUNCT
ejge-7083	248	45	.	.	PUNCT
ejge-7083	249	1	the	the	DET
ejge-7083	249	2	latter	latter	ADJ
ejge-7083	249	3	controls	control	NOUN
ejge-7083	249	4	for	for	ADP
ejge-7083	249	5	the	the	DET
ejge-7083	249	6	most	most	ADV
ejge-7083	249	7	critical	critical	ADJ
ejge-7083	249	8	phase	phase	NOUN
ejge-7083	249	9	of	of	ADP
ejge-7083	249	10	the	the	DET
ejge-7083	249	11	greek	greek	ADJ
ejge-7083	249	12	crisis	crisis	NOUN
ejge-7083	249	13	,	,	PUNCT
ejge-7083	249	14	which	which	PRON
ejge-7083	249	15	threatened	threaten	VERB
ejge-7083	249	16	to	to	PART
ejge-7083	249	17	destabilize	destabilize	VERB
ejge-7083	249	18	the	the	DET
ejge-7083	249	19	european	european	PROPN
ejge-7083	249	20	monetary	monetary	PROPN
ejge-7083	249	21	union	union	PROPN
ejge-7083	249	22	and	and	CCONJ
ejge-7083	249	23	produced	produce	VERB
ejge-7083	249	24	a	a	DET
ejge-7083	249	25	climate	climate	NOUN
ejge-7083	249	26	of	of	ADP
ejge-7083	249	27	uncertainty	uncertainty	NOUN
ejge-7083	249	28	in	in	ADP
ejge-7083	249	29	the	the	DET
ejge-7083	249	30	european	european	PROPN
ejge-7083	249	31	banking	banking	PROPN
ejge-7083	249	32	system.9	system.9	PROPN
ejge-7083	249	33	4	4	NUM
ejge-7083	249	34	.	.	PUNCT
ejge-7083	249	35	results	result	NOUN
ejge-7083	249	36	we	we	PRON
ejge-7083	249	37	divide	divide	VERB
ejge-7083	249	38	our	our	PRON
ejge-7083	249	39	empirical	empirical	ADJ
ejge-7083	249	40	analysis	analysis	NOUN
ejge-7083	249	41	into	into	ADP
ejge-7083	249	42	two	two	NUM
ejge-7083	249	43	parts	part	NOUN
ejge-7083	249	44	.	.	PUNCT
ejge-7083	250	1	first	first	ADV
ejge-7083	250	2	,	,	PUNCT
ejge-7083	250	3	we	we	PRON
ejge-7083	250	4	consider	consider	VERB
ejge-7083	250	5	the	the	DET
ejge-7083	250	6	spread	spread	NOUN
ejge-7083	250	7	(	(	PUNCT
ejge-7083	250	8	δ	δ	PROPN
ejge-7083	250	9	spread	spread	VERB
ejge-7083	250	10	)	)	PUNCT
ejge-7083	250	11	as	as	ADP
ejge-7083	250	12	a	a	DET
ejge-7083	250	13	single	single	ADJ
ejge-7083	250	14	regressor	regressor	NOUN
ejge-7083	250	15	capturing	capture	VERB
ejge-7083	250	16	the	the	DET
ejge-7083	250	17	slope	slope	NOUN
ejge-7083	250	18	of	of	ADP
ejge-7083	250	19	the	the	DET
ejge-7083	250	20	yield	yield	NOUN
ejge-7083	250	21	curve	curve	NOUN
ejge-7083	250	22	together	together	ADV
ejge-7083	250	23	with	with	ADP
ejge-7083	250	24	the	the	DET
ejge-7083	250	25	other	other	ADJ
ejge-7083	250	26	banking	banking	NOUN
ejge-7083	250	27	factors	factor	NOUN
ejge-7083	250	28	and	and	CCONJ
ejge-7083	250	29	controls	control	NOUN
ejge-7083	250	30	.	.	PUNCT
ejge-7083	251	1	second	second	ADJ
ejge-7083	251	2	,	,	PUNCT
ejge-7083	251	3	we	we	PRON
ejge-7083	251	4	replace	replace	VERB
ejge-7083	251	5	this	this	DET
ejge-7083	251	6	indicator	indicator	NOUN
ejge-7083	251	7	with	with	ADP
ejge-7083	251	8	both	both	CCONJ
ejge-7083	251	9	the	the	DET
ejge-7083	251	10	12	12	NUM
ejge-7083	251	11	-	-	PUNCT
ejge-7083	251	12	month	month	NOUN
ejge-7083	251	13	euribor	euribor	NOUN
ejge-7083	251	14	rate	rate	NOUN
ejge-7083	251	15	and	and	CCONJ
ejge-7083	251	16	the	the	DET
ejge-7083	251	17	10	10	NUM
ejge-7083	251	18	-	-	PUNCT
ejge-7083	251	19	year	year	NOUN
ejge-7083	251	20	sovereign	sovereign	ADJ
ejge-7083	251	21	bond	bond	NOUN
ejge-7083	251	22	rate	rate	NOUN
ejge-7083	251	23	.	.	PUNCT
ejge-7083	252	1	4.1	4.1	NUM
ejge-7083	252	2	.	.	PUNCT
ejge-7083	252	3	results	result	NOUN
ejge-7083	252	4	using	use	VERB
ejge-7083	252	5	the	the	DET
ejge-7083	252	6	spread	spread	ADJ
ejge-7083	252	7	table	table	NOUN
ejge-7083	252	8	4	4	NUM
ejge-7083	252	9	presents	present	VERB
ejge-7083	252	10	the	the	DET
ejge-7083	252	11	first	first	ADJ
ejge-7083	252	12	set	set	NOUN
ejge-7083	252	13	of	of	ADP
ejge-7083	252	14	estimation	estimation	NOUN
ejge-7083	252	15	results	result	NOUN
ejge-7083	252	16	.	.	PUNCT
ejge-7083	253	1	in	in	ADP
ejge-7083	253	2	the	the	DET
ejge-7083	253	3	first	first	ADJ
ejge-7083	253	4	column	column	NOUN
ejge-7083	253	5	,	,	PUNCT
ejge-7083	253	6	we	we	PRON
ejge-7083	253	7	regress	regress	NOUN
ejge-7083	253	8	roaa	roaa	VERB
ejge-7083	253	9	on	on	ADP
ejge-7083	253	10	the	the	DET
ejge-7083	253	11	second	second	ADJ
ejge-7083	253	12	-	-	PUNCT
ejge-7083	253	13	lag	lag	NOUN
ejge-7083	253	14	difference	difference	NOUN
ejge-7083	253	15	of	of	ADP
ejge-7083	253	16	the	the	DET
ejge-7083	253	17	log	log	NOUN
ejge-7083	253	18	of	of	ADP
ejge-7083	253	19	performing	perform	VERB
ejge-7083	253	20	loans	loan	NOUN
ejge-7083	253	21	(	(	PUNCT
ejge-7083	253	22	δ2	δ2	VERB
ejge-7083	253	23	log	log	NOUN
ejge-7083	253	24	loans	loan	NOUN
ejge-7083	253	25	)	)	PUNCT
ejge-7083	253	26	,	,	PUNCT
ejge-7083	253	27	the	the	DET
ejge-7083	253	28	ecb	ecb	NOUN
ejge-7083	253	29	assets	asset	NOUN
ejge-7083	253	30	growth	growth	NOUN
ejge-7083	253	31	rate	rate	NOUN
ejge-7083	253	32	(	(	PUNCT
ejge-7083	253	33	δ	δ	PROPN
ejge-7083	253	34	log	log	VERB
ejge-7083	253	35	ecb	ecb	NOUN
ejge-7083	253	36	assets	asset	NOUN
ejge-7083	253	37	)	)	PUNCT
ejge-7083	253	38	,	,	PUNCT
ejge-7083	253	39	the	the	DET
ejge-7083	253	40	first	first	ADJ
ejge-7083	253	41	difference	difference	NOUN
ejge-7083	253	42	of	of	ADP
ejge-7083	253	43	the	the	DET
ejge-7083	253	44	spread	spread	NOUN
ejge-7083	253	45	of	of	ADP
ejge-7083	253	46	interest	interest	NOUN
ejge-7083	253	47	rates	rate	NOUN
ejge-7083	253	48	(	(	PUNCT
ejge-7083	253	49	δ	δ	PROPN
ejge-7083	253	50	spread	spread	VERB
ejge-7083	253	51	)	)	PUNCT
ejge-7083	253	52	,	,	PUNCT
ejge-7083	253	53	the	the	DET
ejge-7083	253	54	gdp	gdp	NOUN
ejge-7083	253	55	growth	growth	NOUN
ejge-7083	253	56	rate	rate	NOUN
ejge-7083	253	57	(	(	PUNCT
ejge-7083	253	58	δ	δ	PROPN
ejge-7083	253	59	log	log	PROPN
ejge-7083	253	60	gdp	gdp	PROPN
ejge-7083	253	61	)	)	PUNCT
ejge-7083	253	62	,	,	PUNCT
ejge-7083	253	63	the	the	DET
ejge-7083	253	64	hh	hh	PROPN
ejge-7083	253	65	index	index	NOUN
ejge-7083	253	66	growth	growth	NOUN
ejge-7083	253	67	rate	rate	NOUN
ejge-7083	253	68	(	(	PUNCT
ejge-7083	253	69	δ	δ	PROPN
ejge-7083	253	70	log	log	VERB
ejge-7083	253	71	hh	hh	PROPN
ejge-7083	253	72	)	)	PUNCT
ejge-7083	253	73	,	,	PUNCT
ejge-7083	253	74	a	a	DET
ejge-7083	253	75	time	time	NOUN
ejge-7083	253	76	trend	trend	NOUN
ejge-7083	253	77	(	(	PUNCT
ejge-7083	253	78	trend	trend	NOUN
ejge-7083	253	79	)	)	PUNCT
ejge-7083	253	80	,	,	PUNCT
ejge-7083	253	81	the	the	DET
ejge-7083	253	82	quarter	quarter	NOUN
ejge-7083	253	83	dummies	dummy	NOUN
ejge-7083	253	84	9	9	NUM
ejge-7083	253	85	in	in	ADP
ejge-7083	253	86	january	january	PROPN
ejge-7083	253	87	2010	2010	NUM
ejge-7083	253	88	,	,	PUNCT
ejge-7083	253	89	a	a	DET
ejge-7083	253	90	report	report	NOUN
ejge-7083	253	91	from	from	ADP
ejge-7083	253	92	the	the	DET
ejge-7083	253	93	european	european	PROPN
ejge-7083	253	94	commission	commission	PROPN
ejge-7083	253	95	showed	show	VERB
ejge-7083	253	96	that	that	SCONJ
ejge-7083	253	97	the	the	DET
ejge-7083	253	98	greek	greek	ADJ
ejge-7083	253	99	government	government	NOUN
ejge-7083	253	100	had	have	AUX
ejge-7083	253	101	committed	commit	VERB
ejge-7083	253	102	severe	severe	ADJ
ejge-7083	253	103	irregularities	irregularity	NOUN
ejge-7083	253	104	in	in	ADP
ejge-7083	253	105	sending	send	VERB
ejge-7083	253	106	tax	tax	NOUN
ejge-7083	253	107	data	datum	NOUN
ejge-7083	253	108	to	to	ADP
ejge-7083	253	109	brussels	brussels	PROPN
ejge-7083	253	110	.	.	PUNCT
ejge-7083	254	1	on	on	ADP
ejge-7083	254	2	april	april	PROPN
ejge-7083	254	3	27	27	NUM
ejge-7083	254	4	,	,	PUNCT
ejge-7083	254	5	standard	standard	PROPN
ejge-7083	254	6	&	&	CCONJ
ejge-7083	254	7	poor	poor	PROPN
ejge-7083	254	8	’s	’s	PART
ejge-7083	254	9	downgraded	downgrade	VERB
ejge-7083	254	10	the	the	DET
ejge-7083	254	11	greek	greek	ADJ
ejge-7083	254	12	bond	bond	NOUN
ejge-7083	254	13	to	to	ADP
ejge-7083	254	14	the	the	DET
ejge-7083	254	15	'	'	PUNCT
ejge-7083	254	16	junk	junk	NOUN
ejge-7083	254	17	bond	bond	NOUN
ejge-7083	254	18	'	'	PART
ejge-7083	254	19	category	category	NOUN
ejge-7083	254	20	.	.	PUNCT
ejge-7083	255	1	after	after	ADP
ejge-7083	255	2	the	the	DET
ejge-7083	255	3	bankruptcy	bankruptcy	NOUN
ejge-7083	255	4	of	of	ADP
ejge-7083	255	5	the	the	DET
ejge-7083	255	6	greek	greek	NOUN
ejge-7083	255	7	economy	economy	NOUN
ejge-7083	255	8	,	,	PUNCT
ejge-7083	255	9	the	the	DET
ejge-7083	255	10	european	european	PROPN
ejge-7083	255	11	commission	commission	PROPN
ejge-7083	255	12	,	,	PUNCT
ejge-7083	255	13	the	the	DET
ejge-7083	255	14	european	european	PROPN
ejge-7083	255	15	central	central	PROPN
ejge-7083	255	16	bank	bank	PROPN
ejge-7083	255	17	and	and	CCONJ
ejge-7083	255	18	the	the	DET
ejge-7083	255	19	international	international	ADJ
ejge-7083	255	20	monetary	monetary	ADJ
ejge-7083	255	21	fund	fund	NOUN
ejge-7083	255	22	contributed	contribute	VERB
ejge-7083	255	23	with	with	ADP
ejge-7083	255	24	more	more	ADJ
ejge-7083	255	25	than	than	ADP
ejge-7083	255	26	10,000	10,000	NUM
ejge-7083	255	27	million	million	NUM
ejge-7083	255	28	euros	euro	NOUN
ejge-7083	255	29	to	to	PART
ejge-7083	255	30	rescue	rescue	VERB
ejge-7083	255	31	greece	greece	PROPN
ejge-7083	255	32	during	during	ADP
ejge-7083	255	33	2010	2010	NUM
ejge-7083	255	34	.	.	PUNCT
ejge-7083	256	1	david	david	PROPN
ejge-7083	256	2	boto	boto	PROPN
ejge-7083	256	3	-	-	PUNCT
ejge-7083	256	4	garcía	garcía	VERB
ejge-7083	256	5	et	et	PROPN
ejge-7083	256	6	al	al	PROPN
ejge-7083	256	7	.	.	PUNCT
ejge-7083	256	8	/	/	SYM
ejge-7083	256	9	european	european	PROPN
ejge-7083	256	10	journal	journal	PROPN
ejge-7083	256	11	of	of	ADP
ejge-7083	256	12	government	government	NOUN
ejge-7083	256	13	and	and	CCONJ
ejge-7083	256	14	economics	economic	NOUN
ejge-7083	256	15	10(1	10(1	NUM
ejge-7083	256	16	)	)	PUNCT
ejge-7083	256	17	,	,	PUNCT
ejge-7083	256	18	june	june	PROPN
ejge-7083	256	19	2021	2021	NUM
ejge-7083	256	20	,	,	PUNCT
ejge-7083	256	21	5	5	NUM
ejge-7083	256	22	-	-	SYM
ejge-7083	256	23	29	29	NUM
ejge-7083	256	24	17	17	NUM
ejge-7083	256	25	(	(	PUNCT
ejge-7083	256	26	q1	q1	PROPN
ejge-7083	256	27	,	,	PUNCT
ejge-7083	256	28	q2	q2	NOUN
ejge-7083	256	29	and	and	CCONJ
ejge-7083	256	30	q3	q3	PROPN
ejge-7083	256	31	)	)	PUNCT
ejge-7083	256	32	and	and	CCONJ
ejge-7083	256	33	the	the	DET
ejge-7083	256	34	dummy	dummy	ADJ
ejge-7083	256	35	variables	variable	NOUN
ejge-7083	256	36	that	that	PRON
ejge-7083	256	37	control	control	VERB
ejge-7083	256	38	for	for	ADP
ejge-7083	256	39	the	the	DET
ejge-7083	256	40	greek	greek	ADJ
ejge-7083	256	41	crisis	crisis	NOUN
ejge-7083	256	42	(	(	PUNCT
ejge-7083	256	43	d2010	d2010	NOUN
ejge-7083	256	44	)	)	PUNCT
ejge-7083	256	45	and	and	CCONJ
ejge-7083	256	46	the	the	DET
ejge-7083	256	47	structural	structural	ADJ
ejge-7083	256	48	break	break	NOUN
ejge-7083	256	49	(	(	PUNCT
ejge-7083	256	50	d2012	d2012	NOUN
ejge-7083	256	51	)	)	PUNCT
ejge-7083	256	52	.	.	PUNCT
ejge-7083	257	1	the	the	DET
ejge-7083	257	2	second	second	ADJ
ejge-7083	257	3	column	column	NOUN
ejge-7083	257	4	adds	add	VERB
ejge-7083	257	5	an	an	DET
ejge-7083	257	6	interaction	interaction	NOUN
ejge-7083	257	7	term	term	NOUN
ejge-7083	257	8	between	between	ADP
ejge-7083	257	9	the	the	DET
ejge-7083	257	10	hh	hh	PROPN
ejge-7083	257	11	index	index	NOUN
ejge-7083	257	12	growth	growth	NOUN
ejge-7083	257	13	rate	rate	NOUN
ejge-7083	257	14	and	and	CCONJ
ejge-7083	257	15	the	the	DET
ejge-7083	257	16	dummy	dummy	NOUN
ejge-7083	257	17	for	for	ADP
ejge-7083	257	18	the	the	DET
ejge-7083	257	19	structural	structural	ADJ
ejge-7083	257	20	break	break	NOUN
ejge-7083	257	21	(	(	PUNCT
ejge-7083	257	22	δ	δ	PROPN
ejge-7083	257	23	log	log	VERB
ejge-7083	257	24	hh	hh	PROPN
ejge-7083	257	25	x	x	NOUN
ejge-7083	257	26	d2012	d2012	NOUN
ejge-7083	257	27	)	)	PUNCT
ejge-7083	257	28	.	.	PUNCT
ejge-7083	258	1	this	this	PRON
ejge-7083	258	2	is	be	AUX
ejge-7083	258	3	because	because	SCONJ
ejge-7083	258	4	the	the	DET
ejge-7083	258	5	farreaching	farreache	VERB
ejge-7083	258	6	restructuring	restructuring	NOUN
ejge-7083	258	7	process	process	NOUN
ejge-7083	258	8	undergone	undergo	VERB
ejge-7083	258	9	by	by	ADP
ejge-7083	258	10	the	the	DET
ejge-7083	258	11	spanish	spanish	ADJ
ejge-7083	258	12	banking	banking	NOUN
ejge-7083	258	13	industry	industry	NOUN
ejge-7083	258	14	to	to	PART
ejge-7083	258	15	correct	correct	VERB
ejge-7083	258	16	the	the	DET
ejge-7083	258	17	imbalances	imbalance	NOUN
ejge-7083	258	18	generated	generate	VERB
ejge-7083	258	19	during	during	ADP
ejge-7083	258	20	the	the	DET
ejge-7083	258	21	real	real	ADJ
ejge-7083	258	22	estate	estate	NOUN
ejge-7083	258	23	boom	boom	NOUN
ejge-7083	258	24	led	lead	VERB
ejge-7083	258	25	to	to	ADP
ejge-7083	258	26	an	an	DET
ejge-7083	258	27	intense	intense	ADJ
ejge-7083	258	28	wave	wave	NOUN
ejge-7083	258	29	of	of	ADP
ejge-7083	258	30	corporate	corporate	ADJ
ejge-7083	258	31	mergers	merger	NOUN
ejge-7083	258	32	between	between	ADP
ejge-7083	258	33	entities.10	entities.10	NOUN
ejge-7083	258	34	as	as	SCONJ
ejge-7083	258	35	discussed	discuss	VERB
ejge-7083	258	36	in	in	ADP
ejge-7083	258	37	cruz	cruz	PROPN
ejge-7083	258	38	-	-	PUNCT
ejge-7083	258	39	garcia	garcia	PROPN
ejge-7083	258	40	et	et	PROPN
ejge-7083	258	41	al	al	PROPN
ejge-7083	258	42	.	.	PROPN
ejge-7083	258	43	(	(	PUNCT
ejge-7083	258	44	2020a	2020a	NUM
ejge-7083	258	45	)	)	PUNCT
ejge-7083	258	46	,	,	PUNCT
ejge-7083	258	47	this	this	DET
ejge-7083	258	48	balance	balance	NOUN
ejge-7083	258	49	-	-	PUNCT
ejge-7083	258	50	sheet	sheet	NOUN
ejge-7083	258	51	clean	clean	ADJ
ejge-7083	258	52	-	-	PUNCT
ejge-7083	258	53	up	up	NOUN
ejge-7083	258	54	dictated	dictate	VERB
ejge-7083	258	55	by	by	ADP
ejge-7083	258	56	the	the	DET
ejge-7083	258	57	two	two	NUM
ejge-7083	258	58	previously	previously	ADV
ejge-7083	258	59	commented	comment	VERB
ejge-7083	258	60	royal	royal	ADJ
ejge-7083	258	61	decree	decree	NOUN
ejge-7083	258	62	-	-	PUNCT
ejge-7083	258	63	laws	law	NOUN
ejge-7083	258	64	affected	affect	VERB
ejge-7083	258	65	the	the	DET
ejge-7083	258	66	sector	sector	NOUN
ejge-7083	258	67	's	's	PART
ejge-7083	258	68	market	market	NOUN
ejge-7083	258	69	power	power	NOUN
ejge-7083	258	70	.	.	PUNCT
ejge-7083	259	1	therefore	therefore	ADV
ejge-7083	259	2	,	,	PUNCT
ejge-7083	259	3	the	the	DET
ejge-7083	259	4	interaction	interaction	NOUN
ejge-7083	259	5	term	term	NOUN
ejge-7083	259	6	aims	aim	VERB
ejge-7083	259	7	to	to	PART
ejge-7083	259	8	explore	explore	VERB
ejge-7083	259	9	whether	whether	SCONJ
ejge-7083	259	10	the	the	DET
ejge-7083	259	11	effect	effect	NOUN
ejge-7083	259	12	of	of	ADP
ejge-7083	259	13	market	market	NOUN
ejge-7083	259	14	concentration	concentration	NOUN
ejge-7083	259	15	on	on	ADP
ejge-7083	259	16	roaa	roaa	NOUN
ejge-7083	259	17	has	have	AUX
ejge-7083	259	18	changed	change	VERB
ejge-7083	259	19	in	in	ADP
ejge-7083	259	20	the	the	DET
ejge-7083	259	21	2012	2012	NUM
ejge-7083	259	22	-	-	SYM
ejge-7083	259	23	2016	2016	NUM
ejge-7083	259	24	period	period	NOUN
ejge-7083	259	25	.	.	PUNCT
ejge-7083	260	1	column	column	NOUN
ejge-7083	260	2	3	3	NUM
ejge-7083	260	3	replaces	replace	VERB
ejge-7083	260	4	the	the	DET
ejge-7083	260	5	herfindahl	herfindahl	NOUN
ejge-7083	260	6	-	-	PUNCT
ejge-7083	260	7	hirschman	hirschman	NOUN
ejge-7083	260	8	index	index	NOUN
ejge-7083	260	9	by	by	ADP
ejge-7083	260	10	the	the	DET
ejge-7083	260	11	c5	c5	PROPN
ejge-7083	260	12	ratio	ratio	NOUN
ejge-7083	260	13	.	.	PUNCT
ejge-7083	261	1	similar	similar	ADJ
ejge-7083	261	2	to	to	ADP
ejge-7083	261	3	column	column	NOUN
ejge-7083	261	4	2	2	NUM
ejge-7083	261	5	,	,	PUNCT
ejge-7083	261	6	in	in	ADP
ejge-7083	261	7	column	column	NOUN
ejge-7083	261	8	4	4	NUM
ejge-7083	261	9	we	we	PRON
ejge-7083	261	10	include	include	VERB
ejge-7083	261	11	an	an	DET
ejge-7083	261	12	interaction	interaction	NOUN
ejge-7083	261	13	term	term	NOUN
ejge-7083	261	14	between	between	ADP
ejge-7083	261	15	the	the	DET
ejge-7083	261	16	concentration	concentration	NOUN
ejge-7083	261	17	ratio	ratio	NOUN
ejge-7083	261	18	and	and	CCONJ
ejge-7083	261	19	d2012	d2012	NOUN
ejge-7083	261	20	(	(	PUNCT
ejge-7083	261	21	δ	δ	PROPN
ejge-7083	261	22	log	log	VERB
ejge-7083	261	23	c5	c5	PROPN
ejge-7083	261	24	x	x	SYM
ejge-7083	261	25	d2012	d2012	NOUN
ejge-7083	261	26	)	)	PUNCT
ejge-7083	261	27	.	.	PUNCT
ejge-7083	262	1	finally	finally	ADV
ejge-7083	262	2	,	,	PUNCT
ejge-7083	262	3	column	column	NOUN
ejge-7083	262	4	5	5	NUM
ejge-7083	262	5	expands	expand	VERB
ejge-7083	262	6	the	the	DET
ejge-7083	262	7	model	model	NOUN
ejge-7083	262	8	in	in	ADP
ejge-7083	262	9	column	column	NOUN
ejge-7083	262	10	4	4	NUM
ejge-7083	262	11	by	by	ADP
ejge-7083	262	12	including	include	VERB
ejge-7083	262	13	δ	δ	PROPN
ejge-7083	262	14	eurib_3	eurib_3	VERB
ejge-7083	262	15	together	together	ADV
ejge-7083	262	16	with	with	SCONJ
ejge-7083	262	17	δ	δ	PROPN
ejge-7083	262	18	spread	spread	VERB
ejge-7083	262	19	.	.	PUNCT
ejge-7083	263	1	all	all	DET
ejge-7083	263	2	the	the	DET
ejge-7083	263	3	regressions	regression	NOUN
ejge-7083	263	4	are	be	AUX
ejge-7083	263	5	estimated	estimate	VERB
ejge-7083	263	6	by	by	ADP
ejge-7083	263	7	ols	ol	NOUN
ejge-7083	263	8	.	.	PUNCT
ejge-7083	264	1	since	since	SCONJ
ejge-7083	264	2	it	it	PRON
ejge-7083	264	3	is	be	AUX
ejge-7083	264	4	possible	possible	ADJ
ejge-7083	264	5	that	that	SCONJ
ejge-7083	264	6	the	the	DET
ejge-7083	264	7	error	error	NOUN
ejge-7083	264	8	term	term	NOUN
ejge-7083	264	9	is	be	AUX
ejge-7083	264	10	heteroskedastic	heteroskedastic	ADJ
ejge-7083	264	11	and	and	CCONJ
ejge-7083	264	12	serially	serially	ADV
ejge-7083	264	13	correlated	correlate	VERB
ejge-7083	264	14	,	,	PUNCT
ejge-7083	264	15	we	we	PRON
ejge-7083	264	16	use	use	VERB
ejge-7083	264	17	robust	robust	ADJ
ejge-7083	264	18	standard	standard	ADJ
ejge-7083	264	19	errors	error	NOUN
ejge-7083	264	20	,	,	PUNCT
ejge-7083	264	21	following	follow	VERB
ejge-7083	264	22	newey	newey	PROPN
ejge-7083	264	23	&	&	CCONJ
ejge-7083	264	24	west	west	PROPN
ejge-7083	264	25	(	(	PUNCT
ejge-7083	264	26	1987	1987	NUM
ejge-7083	264	27	)	)	PUNCT
ejge-7083	264	28	.	.	PUNCT
ejge-7083	265	1	we	we	PRON
ejge-7083	265	2	find	find	VERB
ejge-7083	265	3	that	that	SCONJ
ejge-7083	265	4	the	the	DET
ejge-7083	265	5	spread	spread	NOUN
ejge-7083	265	6	is	be	AUX
ejge-7083	265	7	(	(	PUNCT
ejge-7083	265	8	marginally	marginally	ADV
ejge-7083	265	9	)	)	PUNCT
ejge-7083	265	10	positively	positively	ADV
ejge-7083	265	11	associated	associate	VERB
ejge-7083	265	12	with	with	ADP
ejge-7083	265	13	roaa	roaa	NOUN
ejge-7083	265	14	when	when	SCONJ
ejge-7083	265	15	we	we	PRON
ejge-7083	265	16	consider	consider	VERB
ejge-7083	265	17	the	the	DET
ejge-7083	265	18	hh	hh	PROPN
ejge-7083	265	19	index	index	NOUN
ejge-7083	265	20	,	,	PUNCT
ejge-7083	265	21	but	but	CCONJ
ejge-7083	265	22	it	it	PRON
ejge-7083	265	23	turns	turn	VERB
ejge-7083	265	24	to	to	PART
ejge-7083	265	25	be	be	AUX
ejge-7083	265	26	non	non	ADJ
ejge-7083	265	27	-	-	ADJ
ejge-7083	265	28	significant	significant	ADJ
ejge-7083	265	29	when	when	SCONJ
ejge-7083	265	30	the	the	DET
ejge-7083	265	31	market	market	NOUN
ejge-7083	265	32	concentration	concentration	NOUN
ejge-7083	265	33	is	be	AUX
ejge-7083	265	34	measured	measure	VERB
ejge-7083	265	35	through	through	ADP
ejge-7083	265	36	c5	c5	PROPN
ejge-7083	265	37	.	.	PUNCT
ejge-7083	266	1	since	since	SCONJ
ejge-7083	266	2	the	the	DET
ejge-7083	266	3	use	use	NOUN
ejge-7083	266	4	of	of	ADP
ejge-7083	266	5	the	the	DET
ejge-7083	266	6	latter	latter	ADJ
ejge-7083	266	7	indicator	indicator	NOUN
ejge-7083	266	8	provides	provide	VERB
ejge-7083	266	9	a	a	DET
ejge-7083	266	10	better	well	ADJ
ejge-7083	266	11	model	model	NOUN
ejge-7083	266	12	fit	fit	ADJ
ejge-7083	266	13	according	accord	VERB
ejge-7083	266	14	to	to	ADP
ejge-7083	266	15	aic	aic	PROPN
ejge-7083	266	16	and	and	CCONJ
ejge-7083	266	17	r2	r2	PROPN
ejge-7083	266	18	,	,	PUNCT
ejge-7083	266	19	from	from	ADP
ejge-7083	266	20	these	these	DET
ejge-7083	266	21	regressions	regression	NOUN
ejge-7083	266	22	we	we	PRON
ejge-7083	266	23	would	would	AUX
ejge-7083	266	24	conclude	conclude	VERB
ejge-7083	266	25	that	that	SCONJ
ejge-7083	266	26	the	the	DET
ejge-7083	266	27	spread	spread	NOUN
ejge-7083	266	28	is	be	AUX
ejge-7083	266	29	not	not	PART
ejge-7083	266	30	significantly	significantly	ADV
ejge-7083	266	31	associated	associate	VERB
ejge-7083	266	32	with	with	ADP
ejge-7083	266	33	the	the	DET
ejge-7083	266	34	sector	sector	NOUN
ejge-7083	266	35	's	's	PART
ejge-7083	266	36	profitability	profitability	NOUN
ejge-7083	266	37	.	.	PUNCT
ejge-7083	267	1	interestingly	interestingly	ADV
ejge-7083	267	2	,	,	PUNCT
ejge-7083	267	3	when	when	SCONJ
ejge-7083	267	4	we	we	PRON
ejge-7083	267	5	add	add	VERB
ejge-7083	267	6	δ	δ	PROPN
ejge-7083	267	7	eurib_3	eurib_3	NUM
ejge-7083	267	8	to	to	ADP
ejge-7083	267	9	the	the	DET
ejge-7083	267	10	specification	specification	NOUN
ejge-7083	267	11	we	we	PRON
ejge-7083	267	12	find	find	VERB
ejge-7083	267	13	that	that	SCONJ
ejge-7083	267	14	roaa	roaa	VERB
ejge-7083	267	15	decreases	decrease	NOUN
ejge-7083	267	16	as	as	SCONJ
ejge-7083	267	17	the	the	DET
ejge-7083	267	18	3	3	NUM
ejge-7083	267	19	-	-	PUNCT
ejge-7083	267	20	month	month	NOUN
ejge-7083	267	21	euribor	euribor	PROPN
ejge-7083	267	22	rate	rate	NOUN
ejge-7083	267	23	rises	rise	VERB
ejge-7083	267	24	(	(	PUNCT
ejge-7083	267	25	conditional	conditional	ADJ
ejge-7083	267	26	on	on	ADP
ejge-7083	267	27	the	the	DET
ejge-7083	267	28	spread	spread	NOUN
ejge-7083	267	29	)	)	PUNCT
ejge-7083	267	30	.	.	PUNCT
ejge-7083	268	1	nonetheless	nonetheless	ADV
ejge-7083	268	2	,	,	PUNCT
ejge-7083	268	3	this	this	DET
ejge-7083	268	4	latter	latter	ADJ
ejge-7083	268	5	regression	regression	NOUN
ejge-7083	268	6	needs	need	VERB
ejge-7083	268	7	to	to	PART
ejge-7083	268	8	be	be	AUX
ejge-7083	268	9	interpreted	interpret	VERB
ejge-7083	268	10	with	with	ADP
ejge-7083	268	11	caution	caution	NOUN
ejge-7083	268	12	.	.	PUNCT
ejge-7083	269	1	the	the	DET
ejge-7083	269	2	reason	reason	NOUN
ejge-7083	269	3	is	be	AUX
ejge-7083	269	4	that	that	SCONJ
ejge-7083	269	5	the	the	DET
ejge-7083	269	6	3	3	NUM
ejge-7083	269	7	-	-	PUNCT
ejge-7083	269	8	month	month	NOUN
ejge-7083	269	9	and	and	CCONJ
ejge-7083	269	10	the	the	DET
ejge-7083	269	11	12month	12month	ADJ
ejge-7083	269	12	euribor	euribor	PROPN
ejge-7083	269	13	rates	rate	NOUN
ejge-7083	269	14	are	be	AUX
ejge-7083	269	15	highly	highly	ADV
ejge-7083	269	16	correlated	correlate	VERB
ejge-7083	269	17	(	(	PUNCT
ejge-7083	269	18	corr=0.89	corr=0.89	PROPN
ejge-7083	269	19	)	)	PUNCT
ejge-7083	269	20	,	,	PUNCT
ejge-7083	269	21	so	so	ADV
ejge-7083	269	22	interpretating	interpretate	VERB
ejge-7083	269	23	the	the	DET
ejge-7083	269	24	δ	δ	PROPN
ejge-7083	269	25	eurib_3	eurib_3	PROPN
ejge-7083	269	26	coefficient	coefficient	NOUN
ejge-7083	269	27	,	,	PUNCT
ejge-7083	269	28	ceteris	ceteris	NOUN
ejge-7083	269	29	paribus	paribus	NOUN
ejge-7083	269	30	,	,	PUNCT
ejge-7083	269	31	is	be	AUX
ejge-7083	269	32	cumbersome	cumbersome	ADJ
ejge-7083	269	33	.	.	PUNCT
ejge-7083	270	1	concerning	concern	VERB
ejge-7083	270	2	the	the	DET
ejge-7083	270	3	rest	rest	NOUN
ejge-7083	270	4	of	of	ADP
ejge-7083	270	5	variables	variable	NOUN
ejge-7083	270	6	,	,	PUNCT
ejge-7083	270	7	the	the	DET
ejge-7083	270	8	stock	stock	NOUN
ejge-7083	270	9	of	of	ADP
ejge-7083	270	10	performing	perform	VERB
ejge-7083	270	11	loans	loan	NOUN
ejge-7083	270	12	has	have	VERB
ejge-7083	270	13	a	a	DET
ejge-7083	270	14	(	(	PUNCT
ejge-7083	270	15	marginally	marginally	ADV
ejge-7083	270	16	)	)	PUNCT
ejge-7083	270	17	positive	positive	ADJ
ejge-7083	270	18	effect	effect	NOUN
ejge-7083	270	19	on	on	ADP
ejge-7083	270	20	profitability	profitability	NOUN
ejge-7083	270	21	.	.	PUNCT
ejge-7083	271	1	therefore	therefore	ADV
ejge-7083	271	2	,	,	PUNCT
ejge-7083	271	3	the	the	PRON
ejge-7083	271	4	higher	high	ADJ
ejge-7083	271	5	the	the	DET
ejge-7083	271	6	volume	volume	NOUN
ejge-7083	271	7	of	of	ADP
ejge-7083	271	8	performing	perform	VERB
ejge-7083	271	9	loans	loan	NOUN
ejge-7083	271	10	,	,	PUNCT
ejge-7083	271	11	the	the	PRON
ejge-7083	271	12	higher	high	ADJ
ejge-7083	271	13	the	the	DET
ejge-7083	271	14	sector	sector	NOUN
ejge-7083	271	15	's	's	PART
ejge-7083	271	16	profitability	profitability	NOUN
ejge-7083	271	17	.	.	PUNCT
ejge-7083	272	1	since	since	SCONJ
ejge-7083	272	2	we	we	PRON
ejge-7083	272	3	have	have	AUX
ejge-7083	272	4	taken	take	VERB
ejge-7083	272	5	differences	difference	NOUN
ejge-7083	272	6	with	with	ADP
ejge-7083	272	7	respect	respect	NOUN
ejge-7083	272	8	to	to	ADP
ejge-7083	272	9	the	the	DET
ejge-7083	272	10	second	second	ADJ
ejge-7083	272	11	lag	lag	NOUN
ejge-7083	272	12	,	,	PUNCT
ejge-7083	272	13	a	a	DET
ejge-7083	272	14	marginal	marginal	ADJ
ejge-7083	272	15	change	change	NOUN
ejge-7083	272	16	in	in	ADP
ejge-7083	272	17	its	its	PRON
ejge-7083	272	18	inter	inter	ADJ
ejge-7083	272	19	-	-	ADJ
ejge-7083	272	20	quarterly	quarterly	ADJ
ejge-7083	272	21	rate	rate	NOUN
ejge-7083	272	22	of	of	ADP
ejge-7083	272	23	growth	growth	NOUN
ejge-7083	272	24	increases	increase	NOUN
ejge-7083	272	25	roaa	roaa	VERB
ejge-7083	272	26	by	by	ADP
ejge-7083	272	27	around	around	ADV
ejge-7083	272	28	7.3	7.3	NUM
ejge-7083	272	29	percentage	percentage	NOUN
ejge-7083	272	30	points	point	NOUN
ejge-7083	272	31	(	(	PUNCT
ejge-7083	272	32	hereafter	hereafter	ADV
ejge-7083	272	33	pp	pp	ADJ
ejge-7083	272	34	)	)	PUNCT
ejge-7083	272	35	.	.	PUNCT
ejge-7083	273	1	by	by	ADP
ejge-7083	273	2	contrast	contrast	NOUN
ejge-7083	273	3	,	,	PUNCT
ejge-7083	273	4	the	the	DET
ejge-7083	273	5	ecb	ecb	NOUN
ejge-7083	273	6	's	's	PART
ejge-7083	273	7	assets	asset	NOUN
ejge-7083	273	8	growth	growth	NOUN
ejge-7083	273	9	is	be	AUX
ejge-7083	273	10	not	not	PART
ejge-7083	273	11	significantly	significantly	ADV
ejge-7083	273	12	related	relate	VERB
ejge-7083	273	13	with	with	ADP
ejge-7083	273	14	the	the	DET
ejge-7083	273	15	sector	sector	NOUN
ejge-7083	273	16	's	's	PART
ejge-7083	273	17	average	average	ADJ
ejge-7083	273	18	profitability	profitability	NOUN
ejge-7083	273	19	.	.	PUNCT
ejge-7083	274	1	this	this	DET
ejge-7083	274	2	result	result	NOUN
ejge-7083	274	3	is	be	AUX
ejge-7083	274	4	consistent	consistent	ADJ
ejge-7083	274	5	with	with	ADP
ejge-7083	274	6	tercero	tercero	NOUN
ejge-7083	274	7	-	-	PUNCT
ejge-7083	274	8	lucas	lucas	PROPN
ejge-7083	274	9	(	(	PUNCT
ejge-7083	274	10	2020	2020	NUM
ejge-7083	274	11	)	)	PUNCT
ejge-7083	274	12	.	.	PUNCT
ejge-7083	275	1	we	we	PRON
ejge-7083	275	2	also	also	ADV
ejge-7083	275	3	find	find	VERB
ejge-7083	275	4	that	that	SCONJ
ejge-7083	275	5	roaa	roaa	NOUN
ejge-7083	275	6	is	be	AUX
ejge-7083	275	7	positively	positively	ADV
ejge-7083	275	8	associated	associate	VERB
ejge-7083	275	9	with	with	ADP
ejge-7083	275	10	the	the	DET
ejge-7083	275	11	gdp	gdp	NOUN
ejge-7083	275	12	growth	growth	NOUN
ejge-7083	275	13	.	.	PUNCT
ejge-7083	276	1	a	a	DET
ejge-7083	276	2	0.1	0.1	NUM
ejge-7083	276	3	-	-	PUNCT
ejge-7083	276	4	point	point	NOUN
ejge-7083	276	5	increase	increase	NOUN
ejge-7083	276	6	in	in	ADP
ejge-7083	276	7	the	the	DET
ejge-7083	276	8	gdp	gdp	NOUN
ejge-7083	276	9	growth	growth	NOUN
ejge-7083	276	10	rate	rate	NOUN
ejge-7083	276	11	from	from	ADP
ejge-7083	276	12	one	one	NUM
ejge-7083	276	13	quarter	quarter	NOUN
ejge-7083	276	14	to	to	ADP
ejge-7083	276	15	the	the	DET
ejge-7083	276	16	following	follow	VERB
ejge-7083	276	17	(	(	PUNCT
ejge-7083	276	18	mean	mean	INTJ
ejge-7083	276	19	δ	δ	PROPN
ejge-7083	276	20	log	log	NOUN
ejge-7083	276	21	gdp=0.005	gdp=0.005	NOUN
ejge-7083	276	22	)	)	PUNCT
ejge-7083	276	23	translates	translate	VERB
ejge-7083	276	24	into	into	ADP
ejge-7083	276	25	an	an	DET
ejge-7083	276	26	increase	increase	NOUN
ejge-7083	276	27	of	of	ADP
ejge-7083	276	28	about	about	ADV
ejge-7083	276	29	7.6	7.6	NUM
ejge-7083	276	30	pp	pp	ADV
ejge-7083	276	31	in	in	ADP
ejge-7083	276	32	roaa	roaa	NOUN
ejge-7083	276	33	.	.	PUNCT
ejge-7083	277	1	this	this	PRON
ejge-7083	277	2	adds	add	VERB
ejge-7083	277	3	more	more	ADJ
ejge-7083	277	4	evidence	evidence	NOUN
ejge-7083	277	5	on	on	ADP
ejge-7083	277	6	the	the	DET
ejge-7083	277	7	pro	pro	ADJ
ejge-7083	277	8	-	-	NOUN
ejge-7083	277	9	cyclicality	cyclicality	NOUN
ejge-7083	277	10	of	of	ADP
ejge-7083	277	11	banking	banking	NOUN
ejge-7083	277	12	results	result	NOUN
ejge-7083	277	13	,	,	PUNCT
ejge-7083	277	14	in	in	ADP
ejge-7083	277	15	line	line	NOUN
ejge-7083	277	16	with	with	ADP
ejge-7083	277	17	albertazzi	albertazzi	NOUN
ejge-7083	277	18	&	&	CCONJ
ejge-7083	277	19	gambacorta	gambacorta	PROPN
ejge-7083	277	20	(	(	PUNCT
ejge-7083	277	21	2009	2009	NUM
ejge-7083	277	22	)	)	PUNCT
ejge-7083	277	23	and	and	CCONJ
ejge-7083	277	24	trujillo	trujillo	PROPN
ejge-7083	277	25	-	-	PUNCT
ejge-7083	277	26	ponce	ponce	NOUN
ejge-7083	277	27	(	(	PUNCT
ejge-7083	277	28	2013	2013	NUM
ejge-7083	277	29	)	)	PUNCT
ejge-7083	277	30	.	.	PUNCT
ejge-7083	278	1	this	this	DET
ejge-7083	278	2	finding	finding	NOUN
ejge-7083	278	3	could	could	AUX
ejge-7083	278	4	support	support	VERB
ejge-7083	278	5	the	the	DET
ejge-7083	278	6	argument	argument	NOUN
ejge-7083	278	7	that	that	SCONJ
ejge-7083	278	8	regulation	regulation	NOUN
ejge-7083	278	9	should	should	AUX
ejge-7083	278	10	focus	focus	VERB
ejge-7083	278	11	on	on	ADP
ejge-7083	278	12	forcing	force	VERB
ejge-7083	278	13	banks	bank	NOUN
ejge-7083	278	14	to	to	PART
ejge-7083	278	15	increase	increase	VERB
ejge-7083	278	16	their	their	PRON
ejge-7083	278	17	capital	capital	NOUN
ejge-7083	278	18	buffers	buffer	NOUN
ejge-7083	278	19	via	via	ADP
ejge-7083	278	20	reserves	reserve	NOUN
ejge-7083	278	21	(	(	PUNCT
ejge-7083	278	22	or	or	CCONJ
ejge-7083	278	23	generic	generic	ADJ
ejge-7083	278	24	provisions	provision	NOUN
ejge-7083	278	25	)	)	PUNCT
ejge-7083	278	26	in	in	ADP
ejge-7083	278	27	expansionary	expansionary	ADJ
ejge-7083	278	28	periods	period	NOUN
ejge-7083	278	29	.	.	PUNCT
ejge-7083	279	1	10	10	NUM
ejge-7083	279	2	the	the	DET
ejge-7083	279	3	merger	merger	NOUN
ejge-7083	279	4	process	process	NOUN
ejge-7083	279	5	has	have	AUX
ejge-7083	279	6	been	be	AUX
ejge-7083	279	7	quite	quite	ADV
ejge-7083	279	8	dynamic	dynamic	ADJ
ejge-7083	279	9	and	and	CCONJ
ejge-7083	279	10	caused	cause	VERB
ejge-7083	279	11	that	that	SCONJ
ejge-7083	279	12	a	a	DET
ejge-7083	279	13	substantial	substantial	ADJ
ejge-7083	279	14	share	share	NOUN
ejge-7083	279	15	of	of	ADP
ejge-7083	279	16	the	the	DET
ejge-7083	279	17	sector	sector	NOUN
ejge-7083	279	18	's	's	PART
ejge-7083	279	19	assets	asset	NOUN
ejge-7083	279	20	has	have	AUX
ejge-7083	279	21	ended	end	VERB
ejge-7083	279	22	up	up	ADP
ejge-7083	279	23	under	under	ADP
ejge-7083	279	24	the	the	DET
ejge-7083	279	25	control	control	NOUN
ejge-7083	279	26	of	of	ADP
ejge-7083	279	27	the	the	DET
ejge-7083	279	28	biggest	big	ADJ
ejge-7083	279	29	banks	bank	NOUN
ejge-7083	279	30	.	.	PUNCT
ejge-7083	280	1	the	the	DET
ejge-7083	280	2	c5	c5	PROPN
ejge-7083	280	3	ratio	ratio	NOUN
ejge-7083	280	4	(	(	PUNCT
ejge-7083	280	5	hh	hh	PROPN
ejge-7083	280	6	index	index	NOUN
ejge-7083	280	7	)	)	PUNCT
ejge-7083	280	8	was	be	AUX
ejge-7083	280	9	0.48	0.48	NUM
ejge-7083	280	10	(	(	PUNCT
ejge-7083	280	11	596	596	NUM
ejge-7083	280	12	)	)	PUNCT
ejge-7083	280	13	by	by	ADP
ejge-7083	280	14	the	the	DET
ejge-7083	280	15	end	end	NOUN
ejge-7083	280	16	of	of	ADP
ejge-7083	280	17	2011	2011	NUM
ejge-7083	280	18	but	but	CCONJ
ejge-7083	280	19	reached	reach	VERB
ejge-7083	280	20	0.58	0.58	NUM
ejge-7083	280	21	(	(	PUNCT
ejge-7083	280	22	839	839	NUM
ejge-7083	280	23	)	)	PUNCT
ejge-7083	280	24	by	by	ADP
ejge-7083	280	25	the	the	DET
ejge-7083	280	26	end	end	NOUN
ejge-7083	280	27	of	of	ADP
ejge-7083	280	28	2014	2014	NUM
ejge-7083	280	29	and	and	CCONJ
ejge-7083	280	30	0.60	0.60	NUM
ejge-7083	280	31	(	(	PUNCT
ejge-7083	280	32	937	937	NUM
ejge-7083	280	33	)	)	PUNCT
ejge-7083	280	34	by	by	ADP
ejge-7083	280	35	the	the	DET
ejge-7083	280	36	end	end	NOUN
ejge-7083	280	37	of	of	ADP
ejge-7083	280	38	2016	2016	NUM
ejge-7083	280	39	.	.	PUNCT
ejge-7083	281	1	except	except	SCONJ
ejge-7083	281	2	for	for	ADP
ejge-7083	281	3	banco	banco	NOUN
ejge-7083	281	4	santander	santander	NOUN
ejge-7083	281	5	that	that	PRON
ejge-7083	281	6	did	do	AUX
ejge-7083	281	7	not	not	PART
ejge-7083	281	8	participated	participate	VERB
ejge-7083	281	9	in	in	ADP
ejge-7083	281	10	the	the	DET
ejge-7083	281	11	merging	merging	NOUN
ejge-7083	281	12	process	process	NOUN
ejge-7083	281	13	during	during	ADP
ejge-7083	281	14	the	the	DET
ejge-7083	281	15	study	study	NOUN
ejge-7083	281	16	period	period	NOUN
ejge-7083	281	17	,	,	PUNCT
ejge-7083	281	18	big	big	ADJ
ejge-7083	281	19	banks	bank	NOUN
ejge-7083	281	20	have	have	AUX
ejge-7083	281	21	absorbed	absorb	VERB
ejge-7083	281	22	the	the	DET
ejge-7083	281	23	business	business	NOUN
ejge-7083	281	24	activity	activity	NOUN
ejge-7083	281	25	of	of	ADP
ejge-7083	281	26	small	small	ADJ
ejge-7083	281	27	banks	bank	NOUN
ejge-7083	281	28	that	that	PRON
ejge-7083	281	29	were	be	AUX
ejge-7083	281	30	heavily	heavily	ADV
ejge-7083	281	31	exposed	expose	VERB
ejge-7083	281	32	to	to	ADP
ejge-7083	281	33	the	the	DET
ejge-7083	281	34	real	real	ADJ
ejge-7083	281	35	estate	estate	NOUN
ejge-7083	281	36	boom	boom	NOUN
ejge-7083	281	37	and	and	CCONJ
ejge-7083	281	38	were	be	AUX
ejge-7083	281	39	in	in	ADP
ejge-7083	281	40	a	a	DET
ejge-7083	281	41	delicate	delicate	ADJ
ejge-7083	281	42	economic	economic	ADJ
ejge-7083	281	43	position	position	NOUN
ejge-7083	281	44	.	.	PUNCT
ejge-7083	282	1	david	david	PROPN
ejge-7083	282	2	boto	boto	PROPN
ejge-7083	282	3	-	-	PUNCT
ejge-7083	282	4	garcía	garcía	VERB
ejge-7083	282	5	et	et	PROPN
ejge-7083	282	6	al	al	PROPN
ejge-7083	282	7	.	.	PUNCT
ejge-7083	282	8	/	/	SYM
ejge-7083	282	9	european	european	PROPN
ejge-7083	282	10	journal	journal	PROPN
ejge-7083	282	11	of	of	ADP
ejge-7083	282	12	government	government	NOUN
ejge-7083	282	13	and	and	CCONJ
ejge-7083	282	14	economics	economic	NOUN
ejge-7083	282	15	10(1	10(1	NUM
ejge-7083	282	16	)	)	PUNCT
ejge-7083	282	17	,	,	PUNCT
ejge-7083	282	18	june	june	PROPN
ejge-7083	282	19	2021	2021	NUM
ejge-7083	282	20	,	,	PUNCT
ejge-7083	282	21	5	5	NUM
ejge-7083	282	22	-	-	SYM
ejge-7083	282	23	29	29	NUM
ejge-7083	282	24	18	18	NUM
ejge-7083	282	25	table	table	NOUN
ejge-7083	282	26	4	4	NUM
ejge-7083	282	27	.	.	PUNCT
ejge-7083	283	1	estimation	estimation	NOUN
ejge-7083	283	2	results	result	NOUN
ejge-7083	283	3	using	use	VERB
ejge-7083	283	4	the	the	DET
ejge-7083	283	5	spread	spread	NOUN
ejge-7083	283	6	of	of	ADP
ejge-7083	283	7	the	the	DET
ejge-7083	283	8	interest	interest	NOUN
ejge-7083	283	9	rates	rate	NOUN
ejge-7083	283	10	.	.	PUNCT
ejge-7083	284	1	(	(	PUNCT
ejge-7083	284	2	1	1	X
ejge-7083	284	3	)	)	PUNCT
ejge-7083	284	4	(	(	PUNCT
ejge-7083	284	5	2	2	NUM
ejge-7083	284	6	)	)	PUNCT
ejge-7083	284	7	(	(	PUNCT
ejge-7083	284	8	3	3	X
ejge-7083	284	9	)	)	PUNCT
ejge-7083	284	10	(	(	PUNCT
ejge-7083	284	11	4	4	NUM
ejge-7083	284	12	)	)	PUNCT
ejge-7083	284	13	(	(	PUNCT
ejge-7083	284	14	5	5	X
ejge-7083	284	15	)	)	PUNCT
ejge-7083	284	16	coefficient	coefficient	NOUN
ejge-7083	284	17	robust	robust	ADJ
ejge-7083	284	18	se	se	PROPN
ejge-7083	284	19	coefficient	coefficient	PROPN
ejge-7083	284	20	robust	robust	PROPN
ejge-7083	284	21	se	se	PROPN
ejge-7083	284	22	coefficient	coefficient	PROPN
ejge-7083	284	23	robust	robust	PROPN
ejge-7083	284	24	se	se	PROPN
ejge-7083	284	25	coefficient	coefficient	PROPN
ejge-7083	284	26	robust	robust	PROPN
ejge-7083	284	27	se	se	PROPN
ejge-7083	284	28	coefficient	coefficient	PROPN
ejge-7083	284	29	robust	robust	PROPN
ejge-7083	284	30	se	se	PROPN
ejge-7083	284	31	δ2	δ2	PROPN
ejge-7083	284	32	log	log	NOUN
ejge-7083	284	33	loans	loan	NOUN
ejge-7083	284	34	7.353	7.353	NUM
ejge-7083	284	35	*	*	NUM
ejge-7083	284	36	3.931	3.931	NUM
ejge-7083	284	37	7.183	7.183	NUM
ejge-7083	284	38	*	*	PUNCT
ejge-7083	284	39	3.996	3.996	NUM
ejge-7083	284	40	6.507	6.507	NUM
ejge-7083	284	41	*	*	PUNCT
ejge-7083	284	42	3.775	3.775	NUM
ejge-7083	284	43	6.154	6.154	NUM
ejge-7083	284	44	*	*	PUNCT
ejge-7083	284	45	3.408	3.408	NUM
ejge-7083	284	46	6.328	6.328	NUM
ejge-7083	284	47	*	*	PUNCT
ejge-7083	284	48	*	*	SYM
ejge-7083	284	49	3.150	3.150	NUM
ejge-7083	284	50	δ	δ	NOUN
ejge-7083	284	51	log	log	NOUN
ejge-7083	284	52	ecb	ecb	NOUN
ejge-7083	284	53	assets	asset	NOUN
ejge-7083	284	54	0.144	0.144	NUM
ejge-7083	284	55	0.299	0.299	NUM
ejge-7083	284	56	0.148	0.148	NUM
ejge-7083	284	57	0.294	0.294	NUM
ejge-7083	285	1	0.166	0.166	NUM
ejge-7083	285	2	0.299	0.299	NUM
ejge-7083	285	3	0.150	0.150	NUM
ejge-7083	285	4	0.275	0.275	NUM
ejge-7083	285	5	0.084	0.084	NUM
ejge-7083	285	6	0.264	0.264	NUM
ejge-7083	285	7	δ	δ	PROPN
ejge-7083	285	8	spread	spread	VERB
ejge-7083	285	9	0.343	0.343	NUM
ejge-7083	285	10	*	*	PUNCT
ejge-7083	285	11	0.197	0.197	NUM
ejge-7083	285	12	0.357	0.357	NUM
ejge-7083	285	13	*	*	PUNCT
ejge-7083	285	14	0.185	0.185	NUM
ejge-7083	285	15	0.312	0.312	NUM
ejge-7083	285	16	0.193	0.193	NUM
ejge-7083	285	17	0.247	0.247	NUM
ejge-7083	285	18	0.196	0.196	NUM
ejge-7083	285	19	0.212	0.212	NUM
ejge-7083	285	20	0.177	0.177	NUM
ejge-7083	285	21	δ	δ	NOUN
ejge-7083	285	22	eurib_3	eurib_3	NUM
ejge-7083	285	23	-0.237	-0.237	PUNCT
ejge-7083	285	24	*	*	SYM
ejge-7083	285	25	0.128	0.128	NUM
ejge-7083	285	26	δ	δ	PROPN
ejge-7083	285	27	log	log	VERB
ejge-7083	285	28	gdp	gdp	NOUN
ejge-7083	285	29	74.637	74.637	NUM
ejge-7083	285	30	*	*	PUNCT
ejge-7083	285	31	*	*	PUNCT
ejge-7083	285	32	*	*	PUNCT
ejge-7083	285	33	22.301	22.301	NUM
ejge-7083	285	34	76.241	76.241	NUM
ejge-7083	285	35	*	*	PUNCT
ejge-7083	285	36	*	*	PUNCT
ejge-7083	285	37	*	*	PUNCT
ejge-7083	285	38	22.030	22.030	NUM
ejge-7083	285	39	76.717	76.717	NUM
ejge-7083	285	40	*	*	PUNCT
ejge-7083	285	41	*	*	PUNCT
ejge-7083	285	42	*	*	PUNCT
ejge-7083	285	43	23.297	23.297	NUM
ejge-7083	285	44	72.009	72.009	NUM
ejge-7083	285	45	*	*	PUNCT
ejge-7083	285	46	*	*	PUNCT
ejge-7083	285	47	*	*	PUNCT
ejge-7083	285	48	22.201	22.201	NUM
ejge-7083	285	49	69.337	69.337	NUM
ejge-7083	285	50	*	*	PUNCT
ejge-7083	285	51	*	*	PUNCT
ejge-7083	285	52	*	*	NOUN
ejge-7083	285	53	23.540	23.540	NUM
ejge-7083	285	54	δ	δ	NOUN
ejge-7083	285	55	log	log	VERB
ejge-7083	285	56	hh	hh	PROPN
ejge-7083	286	1	1.506	1.506	NUM
ejge-7083	286	2	1.324	1.324	NUM
ejge-7083	286	3	1.243	1.243	NUM
ejge-7083	286	4	1.186	1.186	NUM
ejge-7083	286	5	δ	δ	NOUN
ejge-7083	286	6	log	log	NOUN
ejge-7083	286	7	hh	hh	PROPN
ejge-7083	286	8	x	x	X
ejge-7083	286	9	d2012	d2012	NOUN
ejge-7083	286	10	1.508	1.508	NUM
ejge-7083	286	11	3.945	3.945	NUM
ejge-7083	286	12	δ	δ	NOUN
ejge-7083	286	13	log	log	NOUN
ejge-7083	286	14	c5	c5	PROPN
ejge-7083	286	15	-2.132	-2.132	NUM
ejge-7083	286	16	1.755	1.755	NUM
ejge-7083	286	17	-0.349	-0.349	NUM
ejge-7083	286	18	1.023	1.023	NUM
ejge-7083	286	19	0.537	0.537	NUM
ejge-7083	286	20	0.958	0.958	NUM
ejge-7083	286	21	δ	δ	NOUN
ejge-7083	286	22	log	log	NOUN
ejge-7083	286	23	c5	c5	PROPN
ejge-7083	286	24	x	x	PUNCT
ejge-7083	286	25	d2012	d2012	NOUN
ejge-7083	286	26	22.211	22.211	NUM
ejge-7083	286	27	*	*	PUNCT
ejge-7083	286	28	*	*	PUNCT
ejge-7083	286	29	*	*	PUNCT
ejge-7083	286	30	6.633	6.633	NUM
ejge-7083	286	31	23.817	23.817	NUM
ejge-7083	286	32	*	*	PUNCT
ejge-7083	286	33	*	*	PUNCT
ejge-7083	286	34	*	*	X
ejge-7083	286	35	6.046	6.046	NUM
ejge-7083	286	36	d2010	d2010	NOUN
ejge-7083	286	37	-0.505	-0.505	PUNCT
ejge-7083	286	38	*	*	PUNCT
ejge-7083	286	39	*	*	X
ejge-7083	286	40	0.244	0.244	NUM
ejge-7083	286	41	-0.519	-0.519	PUNCT
ejge-7083	286	42	*	*	PUNCT
ejge-7083	286	43	*	*	X
ejge-7083	286	44	0.241	0.241	NUM
ejge-7083	286	45	-0.518	-0.518	ADJ
ejge-7083	286	46	*	*	PUNCT
ejge-7083	286	47	*	*	NOUN
ejge-7083	286	48	0.243	0.243	NUM
ejge-7083	286	49	-0.495	-0.495	NOUN
ejge-7083	286	50	*	*	PUNCT
ejge-7083	286	51	*	*	PROPN
ejge-7083	286	52	0.234	0.234	NUM
ejge-7083	286	53	-0.610	-0.610	ADJ
ejge-7083	286	54	*	*	PUNCT
ejge-7083	286	55	*	*	PUNCT
ejge-7083	286	56	*	*	PUNCT
ejge-7083	286	57	0.206	0.206	NUM
ejge-7083	286	58	d2012	d2012	NOUN
ejge-7083	286	59	-1.572	-1.572	PUNCT
ejge-7083	286	60	*	*	PUNCT
ejge-7083	286	61	*	*	PUNCT
ejge-7083	286	62	*	*	X
ejge-7083	286	63	0.480	0.480	NUM
ejge-7083	286	64	-1.622	-1.622	NOUN
ejge-7083	286	65	*	*	PUNCT
ejge-7083	286	66	*	*	PUNCT
ejge-7083	286	67	*	*	PUNCT
ejge-7083	286	68	0.463	0.463	NUM
ejge-7083	286	69	-1.591	-1.591	NOUN
ejge-7083	286	70	*	*	PUNCT
ejge-7083	286	71	*	*	PUNCT
ejge-7083	286	72	*	*	X
ejge-7083	286	73	0.485	0.485	NUM
ejge-7083	286	74	-1.319	-1.319	PUNCT
ejge-7083	286	75	*	*	PUNCT
ejge-7083	286	76	*	*	PUNCT
ejge-7083	286	77	*	*	PUNCT
ejge-7083	286	78	0.470	0.470	NUM
ejge-7083	286	79	-1.331	-1.331	NOUN
ejge-7083	286	80	*	*	PUNCT
ejge-7083	286	81	*	*	PUNCT
ejge-7083	286	82	*	*	PROPN
ejge-7083	286	83	0.426	0.426	NUM
ejge-7083	286	84	q1	q1	PROPN
ejge-7083	286	85	-0.012	-0.012	NUM
ejge-7083	286	86	0.151	0.151	NUM
ejge-7083	286	87	-0.037	-0.037	NUM
ejge-7083	286	88	0.160	0.160	NUM
ejge-7083	286	89	0.073	0.073	NUM
ejge-7083	286	90	0.145	0.145	NUM
ejge-7083	286	91	0.016	0.016	NUM
ejge-7083	286	92	0.138	0.138	NUM
ejge-7083	286	93	0.051	0.051	NUM
ejge-7083	286	94	0.127	0.127	NUM
ejge-7083	286	95	q2	q2	NOUN
ejge-7083	286	96	0.053	0.053	NUM
ejge-7083	286	97	0.146	0.146	NUM
ejge-7083	286	98	0.050	0.050	NUM
ejge-7083	286	99	0.147	0.147	NUM
ejge-7083	286	100	0.068	0.068	NUM
ejge-7083	286	101	0.141	0.141	NUM
ejge-7083	286	102	0.145	0.145	NUM
ejge-7083	286	103	0.119	0.119	NUM
ejge-7083	286	104	0.176	0.176	NUM
ejge-7083	286	105	0.138	0.138	NUM
ejge-7083	286	106	q3	q3	NOUN
ejge-7083	286	107	0.139	0.139	NUM
ejge-7083	286	108	0.170	0.170	NUM
ejge-7083	286	109	0.142	0.142	NUM
ejge-7083	286	110	0.167	0.167	NUM
ejge-7083	286	111	0.145	0.145	NUM
ejge-7083	286	112	0.170	0.170	NUM
ejge-7083	286	113	0.161	0.161	NUM
ejge-7083	286	114	0.170	0.170	NUM
ejge-7083	286	115	0.210	0.210	NUM
ejge-7083	286	116	0.162	0.162	NUM
ejge-7083	286	117	trend	trend	NOUN
ejge-7083	286	118	0.023	0.023	NUM
ejge-7083	286	119	*	*	NOUN
ejge-7083	286	120	*	*	PROPN
ejge-7083	286	121	0.009	0.009	NUM
ejge-7083	286	122	0.023	0.023	NUM
ejge-7083	286	123	*	*	PUNCT
ejge-7083	286	124	*	*	PROPN
ejge-7083	286	125	0.009	0.009	NUM
ejge-7083	286	126	0.023	0.023	NUM
ejge-7083	286	127	*	*	X
ejge-7083	286	128	*	*	PROPN
ejge-7083	286	129	0.009	0.009	NUM
ejge-7083	286	130	0.021	0.021	NUM
ejge-7083	286	131	*	*	PUNCT
ejge-7083	286	132	*	*	PROPN
ejge-7083	286	133	0.009	0.009	NUM
ejge-7083	286	134	0.021	0.021	NUM
ejge-7083	286	135	*	*	PUNCT
ejge-7083	286	136	*	*	PROPN
ejge-7083	287	1	0.008	0.008	NUM
ejge-7083	287	2	constant	constant	ADJ
ejge-7083	287	3	-0.714	-0.714	NUM
ejge-7083	287	4	0.523	0.523	NUM
ejge-7083	287	5	-0.728	-0.728	NOUN
ejge-7083	287	6	0.509	0.509	NUM
ejge-7083	287	7	-0.718	-0.718	PROPN
ejge-7083	287	8	0.529	0.529	NUM
ejge-7083	287	9	-0.589	-0.589	NUM
ejge-7083	287	10	0.506	0.506	NUM
ejge-7083	287	11	-0.615	-0.615	NOUN
ejge-7083	287	12	0.500	0.500	NUM
ejge-7083	287	13	𝑅𝑅2	𝑅𝑅2	PROPN
ejge-7083	287	14	0.649	0.649	NUM
ejge-7083	287	15	0.644	0.644	NUM
ejge-7083	287	16	0.650	0.650	NUM
ejge-7083	287	17	0.681	0.681	NUM
ejge-7083	287	18	0.711	0.711	NUM
ejge-7083	287	19	aic	aic	PROPN
ejge-7083	287	20	149.45	149.45	NUM
ejge-7083	287	21	151.29	151.29	NUM
ejge-7083	287	22	149.27	149.27	NUM
ejge-7083	287	23	143.48	143.48	NUM
ejge-7083	287	24	137.25	137.25	NUM
ejge-7083	287	25	note	note	NOUN
ejge-7083	287	26	:	:	PUNCT
ejge-7083	287	27	(	(	PUNCT
ejge-7083	287	28	*	*	NOUN
ejge-7083	287	29	)	)	PUNCT
ejge-7083	287	30	,	,	PUNCT
ejge-7083	287	31	(	(	PUNCT
ejge-7083	287	32	*	*	PUNCT
ejge-7083	287	33	*	*	PUNCT
ejge-7083	287	34	)	)	PUNCT
ejge-7083	287	35	and	and	CCONJ
ejge-7083	287	36	(	(	PUNCT
ejge-7083	287	37	*	*	PUNCT
ejge-7083	287	38	*	*	PUNCT
ejge-7083	287	39	*	*	PUNCT
ejge-7083	287	40	)	)	PUNCT
ejge-7083	287	41	indicate	indicate	VERB
ejge-7083	287	42	significance	significance	NOUN
ejge-7083	287	43	at	at	ADP
ejge-7083	287	44	10	10	NUM
ejge-7083	287	45	%	%	NOUN
ejge-7083	287	46	,	,	PUNCT
ejge-7083	287	47	5	5	NUM
ejge-7083	287	48	%	%	NOUN
ejge-7083	287	49	and	and	CCONJ
ejge-7083	287	50	1	1	NUM
ejge-7083	287	51	%	%	NOUN
ejge-7083	287	52	level	level	NOUN
ejge-7083	287	53	respectively	respectively	ADV
ejge-7083	287	54	.	.	PUNCT
ejge-7083	288	1	regarding	regard	VERB
ejge-7083	288	2	the	the	DET
ejge-7083	288	3	sector	sector	NOUN
ejge-7083	288	4	's	's	PART
ejge-7083	288	5	competitive	competitive	ADJ
ejge-7083	288	6	structure	structure	NOUN
ejge-7083	288	7	,	,	PUNCT
ejge-7083	288	8	neither	neither	CCONJ
ejge-7083	288	9	the	the	DET
ejge-7083	288	10	hh	hh	PROPN
ejge-7083	288	11	index	index	NOUN
ejge-7083	288	12	nor	nor	CCONJ
ejge-7083	288	13	the	the	DET
ejge-7083	288	14	c5	c5	PROPN
ejge-7083	288	15	ratio	ratio	NOUN
ejge-7083	288	16	are	be	AUX
ejge-7083	288	17	statistically	statistically	ADV
ejge-7083	288	18	significant	significant	ADJ
ejge-7083	288	19	.	.	PUNCT
ejge-7083	289	1	although	although	SCONJ
ejge-7083	289	2	it	it	PRON
ejge-7083	289	3	is	be	AUX
ejge-7083	289	4	customary	customary	ADJ
ejge-7083	289	5	to	to	PART
ejge-7083	289	6	associate	associate	VERB
ejge-7083	289	7	a	a	DET
ejge-7083	289	8	highly	highly	ADV
ejge-7083	289	9	concentrated	concentrated	ADJ
ejge-7083	289	10	sector	sector	NOUN
ejge-7083	289	11	with	with	ADP
ejge-7083	289	12	greater	great	ADJ
ejge-7083	289	13	profitability	profitability	NOUN
ejge-7083	289	14	,	,	PUNCT
ejge-7083	289	15	there	there	PRON
ejge-7083	289	16	is	be	VERB
ejge-7083	289	17	no	no	DET
ejge-7083	289	18	empirical	empirical	ADJ
ejge-7083	289	19	evidence	evidence	NOUN
ejge-7083	289	20	to	to	PART
ejge-7083	289	21	support	support	VERB
ejge-7083	289	22	this	this	DET
ejge-7083	289	23	positive	positive	ADJ
ejge-7083	289	24	relationship	relationship	NOUN
ejge-7083	289	25	.	.	PUNCT
ejge-7083	290	1	this	this	PRON
ejge-7083	290	2	is	be	AUX
ejge-7083	290	3	consistent	consistent	ADJ
ejge-7083	290	4	with	with	ADP
ejge-7083	290	5	athanasoglou	athanasoglou	PROPN
ejge-7083	290	6	et	et	PROPN
ejge-7083	290	7	al	al	PROPN
ejge-7083	290	8	.	.	PROPN
ejge-7083	291	1	(	(	PUNCT
ejge-7083	291	2	2008	2008	NUM
ejge-7083	291	3	)	)	PUNCT
ejge-7083	291	4	,	,	PUNCT
ejge-7083	291	5	garcia	garcia	PROPN
ejge-7083	291	6	-	-	PUNCT
ejge-7083	291	7	herrero	herrero	PROPN
ejge-7083	291	8	et	et	PROPN
ejge-7083	291	9	al	al	PROPN
ejge-7083	291	10	.	.	PROPN
ejge-7083	291	11	(	(	PUNCT
ejge-7083	291	12	2009	2009	NUM
ejge-7083	291	13	)	)	PUNCT
ejge-7083	291	14	and	and	CCONJ
ejge-7083	291	15	dietrich	dietrich	PROPN
ejge-7083	291	16	&	&	CCONJ
ejge-7083	291	17	wanzenried	wanzenrie	VERB
ejge-7083	291	18	(	(	PUNCT
ejge-7083	291	19	2011	2011	NUM
ejge-7083	291	20	)	)	PUNCT
ejge-7083	291	21	,	,	PUNCT
ejge-7083	291	22	who	who	PRON
ejge-7083	291	23	did	do	AUX
ejge-7083	291	24	not	not	PART
ejge-7083	291	25	find	find	VERB
ejge-7083	291	26	either	either	CCONJ
ejge-7083	291	27	a	a	DET
ejge-7083	291	28	significant	significant	ADJ
ejge-7083	291	29	effect	effect	NOUN
ejge-7083	291	30	of	of	ADP
ejge-7083	291	31	the	the	DET
ejge-7083	291	32	hh	hh	PROPN
ejge-7083	291	33	index	index	NOUN
ejge-7083	291	34	on	on	ADP
ejge-7083	291	35	roa	roa	PROPN
ejge-7083	291	36	.	.	PUNCT
ejge-7083	292	1	however	however	ADV
ejge-7083	292	2	,	,	PUNCT
ejge-7083	292	3	we	we	PRON
ejge-7083	292	4	document	document	VERB
ejge-7083	292	5	a	a	DET
ejge-7083	292	6	negative	negative	ADJ
ejge-7083	292	7	and	and	CCONJ
ejge-7083	292	8	significant	significant	ADJ
ejge-7083	292	9	effect	effect	NOUN
ejge-7083	292	10	of	of	ADP
ejge-7083	292	11	the	the	DET
ejge-7083	292	12	interaction	interaction	NOUN
ejge-7083	292	13	between	between	ADP
ejge-7083	292	14	the	the	DET
ejge-7083	292	15	c5	c5	PROPN
ejge-7083	292	16	ratio	ratio	NOUN
ejge-7083	292	17	and	and	CCONJ
ejge-7083	292	18	d2012	d2012	NOUN
ejge-7083	292	19	.	.	PUNCT
ejge-7083	293	1	this	this	PRON
ejge-7083	293	2	implies	imply	VERB
ejge-7083	293	3	that	that	SCONJ
ejge-7083	293	4	concentration	concentration	NOUN
ejge-7083	293	5	negatively	negatively	ADV
ejge-7083	293	6	affected	affect	VERB
ejge-7083	293	7	profitability	profitability	NOUN
ejge-7083	293	8	from	from	ADP
ejge-7083	293	9	2012	2012	NUM
ejge-7083	293	10	onwards	onwards	ADP
ejge-7083	293	11	.	.	PUNCT
ejge-7083	294	1	llorens	llorens	PROPN
ejge-7083	294	2	et	et	PROPN
ejge-7083	294	3	al	al	PROPN
ejge-7083	294	4	.	.	PROPN
ejge-7083	295	1	(	(	PUNCT
ejge-7083	295	2	2020	2020	NUM
ejge-7083	295	3	)	)	PUNCT
ejge-7083	295	4	show	show	VERB
ejge-7083	295	5	that	that	SCONJ
ejge-7083	295	6	more	more	ADV
ejge-7083	295	7	productive	productive	ADJ
ejge-7083	295	8	spanish	spanish	ADJ
ejge-7083	295	9	banks	bank	NOUN
ejge-7083	295	10	absorbed	absorb	VERB
ejge-7083	295	11	less	less	ADJ
ejge-7083	295	12	productive	productive	ADJ
ejge-7083	295	13	ones	one	NOUN
ejge-7083	295	14	for	for	ADP
ejge-7083	295	15	strategic	strategic	ADJ
ejge-7083	295	16	reasons	reason	NOUN
ejge-7083	295	17	such	such	ADJ
ejge-7083	295	18	as	as	ADP
ejge-7083	295	19	acquiring	acquire	VERB
ejge-7083	295	20	the	the	DET
ejge-7083	295	21	branches	branch	NOUN
ejge-7083	295	22	where	where	SCONJ
ejge-7083	295	23	they	they	PRON
ejge-7083	295	24	were	be	AUX
ejge-7083	295	25	underrepresented	underrepresente	VERB
ejge-7083	295	26	.	.	PUNCT
ejge-7083	296	1	until	until	SCONJ
ejge-7083	296	2	some	some	DET
ejge-7083	296	3	time	time	NOUN
ejge-7083	296	4	elapses	elapse	VERB
ejge-7083	296	5	for	for	ADP
ejge-7083	296	6	the	the	DET
ejge-7083	296	7	sector	sector	NOUN
ejge-7083	296	8	to	to	PART
ejge-7083	296	9	generate	generate	VERB
ejge-7083	296	10	the	the	DET
ejge-7083	296	11	corresponding	corresponding	ADJ
ejge-7083	296	12	synergies	synergy	NOUN
ejge-7083	296	13	that	that	SCONJ
ejge-7083	296	14	dimensional	dimensional	ADJ
ejge-7083	296	15	gains	gain	NOUN
ejge-7083	296	16	offer	offer	NOUN
ejge-7083	296	17	,	,	PUNCT
ejge-7083	296	18	the	the	DET
ejge-7083	296	19	absorption	absorption	NOUN
ejge-7083	296	20	of	of	ADP
ejge-7083	296	21	firms	firm	NOUN
ejge-7083	296	22	with	with	ADP
ejge-7083	296	23	serious	serious	ADJ
ejge-7083	296	24	imbalances	imbalance	NOUN
ejge-7083	296	25	could	could	AUX
ejge-7083	296	26	hamper	hamper	VERB
ejge-7083	296	27	the	the	DET
ejge-7083	296	28	proper	proper	ADJ
ejge-7083	296	29	functioning	functioning	NOUN
ejge-7083	296	30	of	of	ADP
ejge-7083	296	31	the	the	DET
ejge-7083	296	32	absorbing	absorb	VERB
ejge-7083	296	33	bank	bank	NOUN
ejge-7083	296	34	.	.	PUNCT
ejge-7083	297	1	as	as	SCONJ
ejge-7083	297	2	shown	show	VERB
ejge-7083	297	3	by	by	ADP
ejge-7083	297	4	smirlock	smirlock	NOUN
ejge-7083	297	5	(	(	PUNCT
ejge-7083	297	6	1985	1985	NUM
ejge-7083	297	7	)	)	PUNCT
ejge-7083	297	8	,	,	PUNCT
ejge-7083	297	9	mergers	merger	NOUN
ejge-7083	297	10	do	do	AUX
ejge-7083	297	11	not	not	PART
ejge-7083	297	12	always	always	ADV
ejge-7083	297	13	lead	lead	VERB
ejge-7083	297	14	to	to	ADP
ejge-7083	297	15	efficiency	efficiency	NOUN
ejge-7083	297	16	and	and	CCONJ
ejge-7083	297	17	profitability	profitability	NOUN
ejge-7083	297	18	improvements	improvement	NOUN
ejge-7083	297	19	,	,	PUNCT
ejge-7083	297	20	at	at	ADP
ejge-7083	297	21	least	least	ADJ
ejge-7083	297	22	in	in	ADP
ejge-7083	297	23	the	the	DET
ejge-7083	297	24	short	short	ADJ
ejge-7083	297	25	run	run	NOUN
ejge-7083	297	26	.	.	PUNCT
ejge-7083	298	1	furthermore	furthermore	ADV
ejge-7083	298	2	,	,	PUNCT
ejge-7083	298	3	the	the	DET
ejge-7083	298	4	rise	rise	NOUN
ejge-7083	298	5	in	in	ADP
ejge-7083	298	6	assets	asset	NOUN
ejge-7083	298	7	'	'	PART
ejge-7083	298	8	concentration	concentration	NOUN
ejge-7083	298	9	and	and	CCONJ
ejge-7083	298	10	the	the	DET
ejge-7083	298	11	drop	drop	NOUN
ejge-7083	298	12	in	in	ADP
ejge-7083	298	13	the	the	DET
ejge-7083	298	14	number	number	NOUN
ejge-7083	298	15	of	of	ADP
ejge-7083	298	16	banks	bank	NOUN
ejge-7083	298	17	on	on	ADP
ejge-7083	298	18	operation	operation	NOUN
ejge-7083	298	19	might	might	AUX
ejge-7083	298	20	have	have	VERB
ejge-7083	298	21	increased	increase	VERB
ejge-7083	298	22	competition	competition	NOUN
ejge-7083	298	23	in	in	ADP
ejge-7083	298	24	the	the	DET
ejge-7083	298	25	sector	sector	NOUN
ejge-7083	298	26	among	among	ADP
ejge-7083	298	27	leading	lead	VERB
ejge-7083	298	28	banks	bank	NOUN
ejge-7083	298	29	through	through	ADP
ejge-7083	298	30	reducing	reduce	VERB
ejge-7083	298	31	information	information	NOUN
ejge-7083	298	32	costs	cost	NOUN
ejge-7083	298	33	for	for	ADP
ejge-7083	298	34	consumers	consumer	NOUN
ejge-7083	298	35	.	.	PUNCT
ejge-7083	299	1	overall	overall	ADV
ejge-7083	299	2	,	,	PUNCT
ejge-7083	299	3	the	the	DET
ejge-7083	299	4	intensive	intensive	ADJ
ejge-7083	299	5	merging	merging	NOUN
ejge-7083	299	6	process	process	NOUN
ejge-7083	299	7	appears	appear	VERB
ejge-7083	299	8	to	to	PART
ejge-7083	299	9	have	have	AUX
ejge-7083	299	10	produced	produce	VERB
ejge-7083	299	11	a	a	DET
ejge-7083	299	12	negative	negative	ADJ
ejge-7083	299	13	effect	effect	NOUN
ejge-7083	299	14	on	on	ADP
ejge-7083	299	15	the	the	DET
ejge-7083	299	16	sector	sector	NOUN
ejge-7083	299	17	's	's	PART
ejge-7083	299	18	roaa	roaa	NOUN
ejge-7083	299	19	,	,	PUNCT
ejge-7083	299	20	everything	everything	PRON
ejge-7083	299	21	else	else	ADV
ejge-7083	299	22	being	be	AUX
ejge-7083	299	23	equal	equal	ADJ
ejge-7083	299	24	.	.	PUNCT
ejge-7083	300	1	david	david	PROPN
ejge-7083	300	2	boto	boto	PROPN
ejge-7083	300	3	-	-	PUNCT
ejge-7083	300	4	garcía	garcía	VERB
ejge-7083	300	5	et	et	PROPN
ejge-7083	300	6	al	al	PROPN
ejge-7083	300	7	.	.	PUNCT
ejge-7083	300	8	/	/	SYM
ejge-7083	300	9	european	european	PROPN
ejge-7083	300	10	journal	journal	PROPN
ejge-7083	300	11	of	of	ADP
ejge-7083	300	12	government	government	NOUN
ejge-7083	300	13	and	and	CCONJ
ejge-7083	300	14	economics	economic	NOUN
ejge-7083	300	15	10(1	10(1	NUM
ejge-7083	300	16	)	)	PUNCT
ejge-7083	300	17	,	,	PUNCT
ejge-7083	300	18	june	june	PROPN
ejge-7083	300	19	2021	2021	NUM
ejge-7083	300	20	,	,	PUNCT
ejge-7083	300	21	5	5	NUM
ejge-7083	300	22	-	-	SYM
ejge-7083	300	23	29	29	NUM
ejge-7083	300	24	19	19	NUM
ejge-7083	300	25	the	the	DET
ejge-7083	300	26	negative	negative	ADJ
ejge-7083	300	27	and	and	CCONJ
ejge-7083	300	28	significant	significant	ADJ
ejge-7083	300	29	coefficient	coefficient	NOUN
ejge-7083	300	30	of	of	ADP
ejge-7083	300	31	the	the	DET
ejge-7083	300	32	dummy	dummy	ADJ
ejge-7083	300	33	variable	variable	NOUN
ejge-7083	300	34	that	that	PRON
ejge-7083	300	35	captures	capture	VERB
ejge-7083	300	36	the	the	DET
ejge-7083	300	37	structural	structural	ADJ
ejge-7083	300	38	break	break	NOUN
ejge-7083	300	39	(	(	PUNCT
ejge-7083	300	40	d2012	d2012	NOUN
ejge-7083	300	41	)	)	PUNCT
ejge-7083	300	42	can	can	AUX
ejge-7083	300	43	be	be	AUX
ejge-7083	300	44	interpreted	interpret	VERB
ejge-7083	300	45	as	as	ADP
ejge-7083	300	46	a	a	DET
ejge-7083	300	47	fall	fall	NOUN
ejge-7083	300	48	in	in	ADP
ejge-7083	300	49	roaa	roaa	NOUN
ejge-7083	300	50	from	from	ADP
ejge-7083	300	51	2012	2012	NUM
ejge-7083	300	52	onwards	onwards	ADV
ejge-7083	300	53	because	because	SCONJ
ejge-7083	300	54	of	of	ADP
ejge-7083	300	55	the	the	DET
ejge-7083	300	56	duty	duty	NOUN
ejge-7083	300	57	for	for	SCONJ
ejge-7083	300	58	banks	bank	NOUN
ejge-7083	300	59	to	to	PART
ejge-7083	300	60	increase	increase	VERB
ejge-7083	300	61	the	the	DET
ejge-7083	300	62	share	share	NOUN
ejge-7083	300	63	of	of	ADP
ejge-7083	300	64	provisions	provision	NOUN
ejge-7083	300	65	imposed	impose	VERB
ejge-7083	300	66	by	by	ADP
ejge-7083	300	67	the	the	DET
ejge-7083	300	68	regulatory	regulatory	ADJ
ejge-7083	300	69	decrees	decree	NOUN
ejge-7083	300	70	.	.	PUNCT
ejge-7083	301	1	the	the	DET
ejge-7083	301	2	estimation	estimation	NOUN
ejge-7083	301	3	results	result	NOUN
ejge-7083	301	4	also	also	ADV
ejge-7083	301	5	show	show	VERB
ejge-7083	301	6	that	that	SCONJ
ejge-7083	301	7	the	the	DET
ejge-7083	301	8	most	most	ADV
ejge-7083	301	9	critical	critical	ADJ
ejge-7083	301	10	phase	phase	NOUN
ejge-7083	301	11	of	of	ADP
ejge-7083	301	12	greek	greek	ADJ
ejge-7083	301	13	crisis	crisis	NOUN
ejge-7083	301	14	(	(	PUNCT
ejge-7083	301	15	d2010	d2010	NOUN
ejge-7083	301	16	)	)	PUNCT
ejge-7083	301	17	had	have	VERB
ejge-7083	301	18	a	a	DET
ejge-7083	301	19	significant	significant	ADJ
ejge-7083	301	20	negative	negative	ADJ
ejge-7083	301	21	effect	effect	NOUN
ejge-7083	301	22	,	,	PUNCT
ejge-7083	301	23	possibly	possibly	ADV
ejge-7083	301	24	because	because	SCONJ
ejge-7083	301	25	of	of	ADP
ejge-7083	301	26	the	the	DET
ejge-7083	301	27	distrust	distrust	NOUN
ejge-7083	301	28	on	on	ADP
ejge-7083	301	29	the	the	DET
ejge-7083	301	30	stability	stability	NOUN
ejge-7083	301	31	of	of	ADP
ejge-7083	301	32	the	the	DET
ejge-7083	301	33	european	european	PROPN
ejge-7083	301	34	monetary	monetary	PROPN
ejge-7083	301	35	union	union	PROPN
ejge-7083	301	36	if	if	SCONJ
ejge-7083	301	37	greece	greece	PROPN
ejge-7083	301	38	were	be	AUX
ejge-7083	301	39	rescued	rescue	VERB
ejge-7083	301	40	.	.	PUNCT
ejge-7083	302	1	the	the	DET
ejge-7083	302	2	seasonal	seasonal	ADJ
ejge-7083	302	3	dummy	dummy	ADJ
ejge-7083	302	4	variables	variable	NOUN
ejge-7083	302	5	are	be	AUX
ejge-7083	302	6	never	never	ADV
ejge-7083	302	7	significant	significant	ADJ
ejge-7083	302	8	.	.	PUNCT
ejge-7083	303	1	therefore	therefore	ADV
ejge-7083	303	2	,	,	PUNCT
ejge-7083	303	3	roaa	roaa	PROPN
ejge-7083	303	4	does	do	AUX
ejge-7083	303	5	not	not	PART
ejge-7083	303	6	significantly	significantly	ADV
ejge-7083	303	7	differ	differ	VERB
ejge-7083	303	8	per	per	ADP
ejge-7083	303	9	quarter	quarter	NOUN
ejge-7083	303	10	.	.	PUNCT
ejge-7083	304	1	as	as	ADP
ejge-7083	304	2	for	for	ADP
ejge-7083	304	3	the	the	DET
ejge-7083	304	4	positive	positive	ADJ
ejge-7083	304	5	and	and	CCONJ
ejge-7083	304	6	significant	significant	ADJ
ejge-7083	304	7	coefficient	coefficient	NOUN
ejge-7083	304	8	of	of	ADP
ejge-7083	304	9	the	the	DET
ejge-7083	304	10	time	time	NOUN
ejge-7083	304	11	trend	trend	NOUN
ejge-7083	304	12	,	,	PUNCT
ejge-7083	304	13	this	this	DET
ejge-7083	304	14	variable	variable	NOUN
ejge-7083	304	15	merely	merely	ADV
ejge-7083	304	16	controls	control	VERB
ejge-7083	304	17	for	for	ADP
ejge-7083	304	18	stationary	stationary	ADJ
ejge-7083	304	19	deviations	deviation	NOUN
ejge-7083	304	20	of	of	ADP
ejge-7083	304	21	the	the	DET
ejge-7083	304	22	regressors	regressor	NOUN
ejge-7083	304	23	around	around	ADP
ejge-7083	304	24	its	its	PRON
ejge-7083	304	25	deterministic	deterministic	ADJ
ejge-7083	304	26	trend	trend	NOUN
ejge-7083	304	27	.	.	PUNCT
ejge-7083	305	1	in	in	ADP
ejge-7083	305	2	any	any	DET
ejge-7083	305	3	case	case	NOUN
ejge-7083	305	4	,	,	PUNCT
ejge-7083	305	5	it	it	PRON
ejge-7083	305	6	suggests	suggest	VERB
ejge-7083	305	7	roaa	roaa	NOUN
ejge-7083	305	8	has	have	AUX
ejge-7083	305	9	slightly	slightly	ADV
ejge-7083	305	10	increased	increase	VERB
ejge-7083	305	11	,	,	PUNCT
ejge-7083	305	12	on	on	ADP
ejge-7083	305	13	average	average	ADJ
ejge-7083	305	14	,	,	PUNCT
ejge-7083	305	15	during	during	ADP
ejge-7083	305	16	the	the	DET
ejge-7083	305	17	study	study	NOUN
ejge-7083	305	18	period	period	NOUN
ejge-7083	305	19	.	.	PUNCT
ejge-7083	306	1	4.2	4.2	NUM
ejge-7083	306	2	.	.	PUNCT
ejge-7083	306	3	results	result	NOUN
ejge-7083	306	4	using	use	VERB
ejge-7083	306	5	the	the	DET
ejge-7083	306	6	two	two	NUM
ejge-7083	306	7	rates	rate	NOUN
ejge-7083	306	8	table	table	VERB
ejge-7083	306	9	5	5	NUM
ejge-7083	306	10	reports	report	NOUN
ejge-7083	306	11	the	the	DET
ejge-7083	306	12	second	second	ADJ
ejge-7083	306	13	set	set	NOUN
ejge-7083	306	14	of	of	ADP
ejge-7083	306	15	estimation	estimation	NOUN
ejge-7083	306	16	results	result	NOUN
ejge-7083	306	17	including	include	VERB
ejge-7083	306	18	both	both	CCONJ
ejge-7083	306	19	δ	δ	X
ejge-7083	306	20	eurib_12	eurib_12	PROPN
ejge-7083	306	21	and	and	CCONJ
ejge-7083	306	22	10y_sb	10y_sb	NUM
ejge-7083	306	23	as	as	ADP
ejge-7083	306	24	separate	separate	ADJ
ejge-7083	306	25	regressors	regressor	NOUN
ejge-7083	306	26	instead	instead	ADV
ejge-7083	306	27	of	of	ADP
ejge-7083	306	28	δ	δ	PROPN
ejge-7083	306	29	spread	spread	VERB
ejge-7083	306	30	.	.	PUNCT
ejge-7083	307	1	as	as	ADP
ejge-7083	307	2	before	before	ADV
ejge-7083	307	3	,	,	PUNCT
ejge-7083	307	4	the	the	DET
ejge-7083	307	5	first	first	ADJ
ejge-7083	307	6	column	column	NOUN
ejge-7083	307	7	considers	consider	VERB
ejge-7083	307	8	δ	δ	PRON
ejge-7083	307	9	log	log	VERB
ejge-7083	307	10	hh	hh	NOUN
ejge-7083	307	11	as	as	ADP
ejge-7083	307	12	the	the	DET
ejge-7083	307	13	indicator	indicator	NOUN
ejge-7083	307	14	of	of	ADP
ejge-7083	307	15	market	market	NOUN
ejge-7083	307	16	concentration	concentration	NOUN
ejge-7083	307	17	.	.	PUNCT
ejge-7083	308	1	the	the	DET
ejge-7083	308	2	second	second	ADJ
ejge-7083	308	3	column	column	NOUN
ejge-7083	308	4	adds	add	VERB
ejge-7083	308	5	an	an	DET
ejge-7083	308	6	interaction	interaction	NOUN
ejge-7083	308	7	term	term	NOUN
ejge-7083	308	8	between	between	ADP
ejge-7083	308	9	δ	δ	PROPN
ejge-7083	308	10	log	log	VERB
ejge-7083	308	11	hh	hh	PROPN
ejge-7083	308	12	and	and	CCONJ
ejge-7083	308	13	d2012	d2012	NOUN
ejge-7083	308	14	.	.	PUNCT
ejge-7083	309	1	the	the	DET
ejge-7083	309	2	third	third	ADJ
ejge-7083	309	3	column	column	NOUN
ejge-7083	309	4	replaces	replace	VERB
ejge-7083	309	5	δ	δ	PROPN
ejge-7083	309	6	log	log	NOUN
ejge-7083	309	7	hh	hh	NOUN
ejge-7083	309	8	by	by	ADP
ejge-7083	309	9	δ	δ	PROPN
ejge-7083	309	10	log	log	PROPN
ejge-7083	309	11	c5	c5	PROPN
ejge-7083	309	12	.	.	PUNCT
ejge-7083	310	1	the	the	DET
ejge-7083	310	2	fourth	fourth	ADJ
ejge-7083	310	3	column	column	NOUN
ejge-7083	310	4	adds	add	VERB
ejge-7083	310	5	the	the	DET
ejge-7083	310	6	interaction	interaction	NOUN
ejge-7083	310	7	between	between	ADP
ejge-7083	310	8	δ	δ	PROPN
ejge-7083	310	9	log	log	VERB
ejge-7083	310	10	c5	c5	PROPN
ejge-7083	310	11	and	and	CCONJ
ejge-7083	310	12	d2012	d2012	NOUN
ejge-7083	310	13	.	.	PUNCT
ejge-7083	311	1	finally	finally	ADV
ejge-7083	311	2	,	,	PUNCT
ejge-7083	311	3	as	as	ADP
ejge-7083	311	4	a	a	DET
ejge-7083	311	5	robustness	robustness	NOUN
ejge-7083	311	6	check	check	NOUN
ejge-7083	311	7	,	,	PUNCT
ejge-7083	311	8	the	the	DET
ejge-7083	311	9	fifth	fifth	ADJ
ejge-7083	311	10	column	column	NOUN
ejge-7083	311	11	replaces	replace	VERB
ejge-7083	311	12	δ	δ	NOUN
ejge-7083	311	13	eurib_12	eurib_12	X
ejge-7083	311	14	by	by	ADP
ejge-7083	311	15	δ	δ	PROPN
ejge-7083	311	16	eurib_3	eurib_3	PROPN
ejge-7083	311	17	(	(	PUNCT
ejge-7083	311	18	see	see	VERB
ejge-7083	311	19	below	below	ADV
ejge-7083	311	20	)	)	PUNCT
ejge-7083	311	21	.	.	PUNCT
ejge-7083	312	1	the	the	DET
ejge-7083	312	2	estimates	estimate	NOUN
ejge-7083	312	3	are	be	AUX
ejge-7083	312	4	very	very	ADV
ejge-7083	312	5	similar	similar	ADJ
ejge-7083	312	6	across	across	ADP
ejge-7083	312	7	the	the	DET
ejge-7083	312	8	different	different	ADJ
ejge-7083	312	9	specifications	specification	NOUN
ejge-7083	312	10	.	.	PUNCT
ejge-7083	313	1	based	base	VERB
ejge-7083	313	2	on	on	ADP
ejge-7083	313	3	the	the	DET
ejge-7083	313	4	aic	aic	PROPN
ejge-7083	313	5	criterion	criterion	NOUN
ejge-7083	313	6	and	and	CCONJ
ejge-7083	313	7	the	the	DET
ejge-7083	313	8	r2	r2	PROPN
ejge-7083	313	9	,	,	PUNCT
ejge-7083	313	10	the	the	DET
ejge-7083	313	11	regression	regression	NOUN
ejge-7083	313	12	in	in	ADP
ejge-7083	313	13	column	column	NOUN
ejge-7083	313	14	4	4	NUM
ejge-7083	313	15	seems	seem	VERB
ejge-7083	313	16	to	to	PART
ejge-7083	313	17	fit	fit	VERB
ejge-7083	313	18	the	the	DET
ejge-7083	313	19	data	datum	NOUN
ejge-7083	313	20	best	well	ADV
ejge-7083	313	21	.	.	PUNCT
ejge-7083	314	1	the	the	DET
ejge-7083	314	2	12	12	NUM
ejge-7083	314	3	-	-	PUNCT
ejge-7083	314	4	month	month	NOUN
ejge-7083	314	5	euribor	euribor	NOUN
ejge-7083	314	6	rate	rate	NOUN
ejge-7083	314	7	(	(	PUNCT
ejge-7083	314	8	δ	δ	PROPN
ejge-7083	314	9	eurib_12	eurib_12	X
ejge-7083	314	10	)	)	PUNCT
ejge-7083	314	11	exerts	exert	VERB
ejge-7083	314	12	a	a	DET
ejge-7083	314	13	positive	positive	ADJ
ejge-7083	314	14	and	and	CCONJ
ejge-7083	314	15	significant	significant	ADJ
ejge-7083	314	16	effect	effect	NOUN
ejge-7083	314	17	on	on	ADP
ejge-7083	314	18	roaa	roaa	NOUN
ejge-7083	314	19	,	,	PUNCT
ejge-7083	314	20	ceteris	ceteris	NOUN
ejge-7083	314	21	paribus	paribus	NOUN
ejge-7083	314	22	.	.	PUNCT
ejge-7083	315	1	using	use	VERB
ejge-7083	315	2	the	the	DET
ejge-7083	315	3	specification	specification	NOUN
ejge-7083	315	4	in	in	ADP
ejge-7083	315	5	(	(	PUNCT
ejge-7083	315	6	4	4	NUM
ejge-7083	315	7	)	)	PUNCT
ejge-7083	315	8	,	,	PUNCT
ejge-7083	315	9	a	a	DET
ejge-7083	315	10	marginal	marginal	ADJ
ejge-7083	315	11	drop	drop	NOUN
ejge-7083	315	12	in	in	ADP
ejge-7083	315	13	the	the	DET
ejge-7083	315	14	inter	inter	ADJ
ejge-7083	315	15	-	-	ADJ
ejge-7083	315	16	quarterly	quarterly	ADJ
ejge-7083	315	17	differential	differential	NOUN
ejge-7083	315	18	of	of	ADP
ejge-7083	315	19	the	the	DET
ejge-7083	315	20	12	12	NUM
ejge-7083	315	21	-	-	PUNCT
ejge-7083	315	22	month	month	NOUN
ejge-7083	315	23	euribor	euribor	NOUN
ejge-7083	315	24	increases	increase	NOUN
ejge-7083	315	25	roaa	roaa	VERB
ejge-7083	315	26	by	by	ADP
ejge-7083	315	27	0.32	0.32	NUM
ejge-7083	315	28	pp	pp	NOUN
ejge-7083	315	29	.	.	PUNCT
ejge-7083	316	1	this	this	DET
ejge-7083	316	2	negative	negative	ADJ
ejge-7083	316	3	effect	effect	NOUN
ejge-7083	316	4	might	might	AUX
ejge-7083	316	5	be	be	AUX
ejge-7083	316	6	due	due	ADJ
ejge-7083	316	7	to	to	ADP
ejge-7083	316	8	two	two	NUM
ejge-7083	316	9	reasons	reason	NOUN
ejge-7083	316	10	.	.	PUNCT
ejge-7083	317	1	first	first	ADV
ejge-7083	317	2	,	,	PUNCT
ejge-7083	317	3	the	the	DET
ejge-7083	317	4	euribor	euribor	NOUN
ejge-7083	317	5	has	have	AUX
ejge-7083	317	6	fallen	fall	VERB
ejge-7083	317	7	during	during	ADP
ejge-7083	317	8	the	the	DET
ejge-7083	317	9	study	study	NOUN
ejge-7083	317	10	period	period	NOUN
ejge-7083	317	11	,	,	PUNCT
ejge-7083	317	12	resulting	result	VERB
ejge-7083	317	13	in	in	ADP
ejge-7083	317	14	banks	bank	NOUN
ejge-7083	317	15	suffering	suffer	VERB
ejge-7083	317	16	a	a	DET
ejge-7083	317	17	reduction	reduction	NOUN
ejge-7083	317	18	in	in	ADP
ejge-7083	317	19	their	their	PRON
ejge-7083	317	20	interest	interest	NOUN
ejge-7083	317	21	income	income	NOUN
ejge-7083	317	22	as	as	SCONJ
ejge-7083	317	23	many	many	ADJ
ejge-7083	317	24	of	of	ADP
ejge-7083	317	25	their	their	PRON
ejge-7083	317	26	asset	asset	NOUN
ejge-7083	317	27	products	product	NOUN
ejge-7083	317	28	are	be	AUX
ejge-7083	317	29	linked	link	VERB
ejge-7083	317	30	to	to	ADP
ejge-7083	317	31	it	it	PRON
ejge-7083	317	32	(	(	PUNCT
ejge-7083	317	33	e.g.	e.g.	ADV
ejge-7083	317	34	,	,	PUNCT
ejge-7083	317	35	variable	variable	ADJ
ejge-7083	317	36	interest	interest	NOUN
ejge-7083	317	37	rate	rate	NOUN
ejge-7083	317	38	mortgages	mortgage	NOUN
ejge-7083	317	39	)	)	PUNCT
ejge-7083	317	40	.	.	PUNCT
ejge-7083	318	1	second	second	ADJ
ejge-7083	318	2	,	,	PUNCT
ejge-7083	318	3	the	the	DET
ejge-7083	318	4	fall	fall	NOUN
ejge-7083	318	5	in	in	ADP
ejge-7083	318	6	euribor	euribor	PROPN
ejge-7083	318	7	has	have	AUX
ejge-7083	318	8	also	also	ADV
ejge-7083	318	9	produced	produce	VERB
ejge-7083	318	10	a	a	DET
ejge-7083	318	11	decrease	decrease	NOUN
ejge-7083	318	12	in	in	ADP
ejge-7083	318	13	financial	financial	ADJ
ejge-7083	318	14	costs	cost	NOUN
ejge-7083	318	15	due	due	ADP
ejge-7083	318	16	to	to	ADP
ejge-7083	318	17	the	the	DET
ejge-7083	318	18	drop	drop	NOUN
ejge-7083	318	19	in	in	ADP
ejge-7083	318	20	deposit	deposit	NOUN
ejge-7083	318	21	prices	price	NOUN
ejge-7083	318	22	.	.	PUNCT
ejge-7083	319	1	since	since	SCONJ
ejge-7083	319	2	banks	bank	NOUN
ejge-7083	319	3	reprice	reprice	NOUN
ejge-7083	319	4	liabilities	liability	NOUN
ejge-7083	319	5	faster	fast	ADV
ejge-7083	319	6	than	than	ADP
ejge-7083	319	7	assets	asset	NOUN
ejge-7083	319	8	,	,	PUNCT
ejge-7083	319	9	this	this	PRON
ejge-7083	319	10	allows	allow	VERB
ejge-7083	319	11	the	the	DET
ejge-7083	319	12	difference	difference	NOUN
ejge-7083	319	13	between	between	ADP
ejge-7083	319	14	the	the	DET
ejge-7083	319	15	lending	lending	NOUN
ejge-7083	319	16	and	and	CCONJ
ejge-7083	319	17	the	the	DET
ejge-7083	319	18	deposit	deposit	NOUN
ejge-7083	319	19	rate	rate	NOUN
ejge-7083	319	20	to	to	PART
ejge-7083	319	21	increase	increase	VERB
ejge-7083	319	22	when	when	SCONJ
ejge-7083	319	23	euribor	euribor	PROPN
ejge-7083	319	24	falls	fall	VERB
ejge-7083	319	25	.	.	PUNCT
ejge-7083	320	1	kumbhakar	kumbhakar	PROPN
ejge-7083	320	2	&	&	CCONJ
ejge-7083	320	3	lozano	lozano	PROPN
ejge-7083	320	4	-	-	PUNCT
ejge-7083	320	5	vivas	vivas	PROPN
ejge-7083	320	6	(	(	PUNCT
ejge-7083	320	7	2004	2004	NUM
ejge-7083	320	8	)	)	PUNCT
ejge-7083	320	9	find	find	VERB
ejge-7083	320	10	that	that	SCONJ
ejge-7083	320	11	the	the	DET
ejge-7083	320	12	deposit	deposit	NOUN
ejge-7083	320	13	market	market	NOUN
ejge-7083	320	14	is	be	AUX
ejge-7083	320	15	less	less	ADV
ejge-7083	320	16	competitive	competitive	ADJ
ejge-7083	320	17	than	than	ADP
ejge-7083	320	18	the	the	DET
ejge-7083	320	19	loan	loan	NOUN
ejge-7083	320	20	one	one	NOUN
ejge-7083	320	21	,	,	PUNCT
ejge-7083	320	22	which	which	PRON
ejge-7083	320	23	therefore	therefore	ADV
ejge-7083	320	24	makes	make	VERB
ejge-7083	320	25	the	the	DET
ejge-7083	320	26	effect	effect	NOUN
ejge-7083	320	27	of	of	ADP
ejge-7083	320	28	a	a	DET
ejge-7083	320	29	change	change	NOUN
ejge-7083	320	30	in	in	ADP
ejge-7083	320	31	interest	interest	NOUN
ejge-7083	320	32	rates	rate	NOUN
ejge-7083	320	33	on	on	ADP
ejge-7083	320	34	liabilities	liability	NOUN
ejge-7083	320	35	to	to	PART
ejge-7083	320	36	be	be	AUX
ejge-7083	320	37	greater	great	ADJ
ejge-7083	320	38	.	.	PUNCT
ejge-7083	321	1	this	this	PRON
ejge-7083	321	2	is	be	AUX
ejge-7083	321	3	due	due	ADJ
ejge-7083	321	4	to	to	ADP
ejge-7083	321	5	the	the	DET
ejge-7083	321	6	existence	existence	NOUN
ejge-7083	321	7	of	of	ADP
ejge-7083	321	8	switching	switch	VERB
ejge-7083	321	9	costs	cost	NOUN
ejge-7083	321	10	(	(	PUNCT
ejge-7083	321	11	klemperer	klemperer	X
ejge-7083	321	12	,	,	PUNCT
ejge-7083	321	13	1987	1987	NUM
ejge-7083	321	14	)	)	PUNCT
ejge-7083	321	15	,	,	PUNCT
ejge-7083	321	16	by	by	ADP
ejge-7083	321	17	which	which	PRON
ejge-7083	321	18	consumers	consumer	NOUN
ejge-7083	321	19	do	do	AUX
ejge-7083	321	20	not	not	PART
ejge-7083	321	21	change	change	VERB
ejge-7083	321	22	bank	bank	NOUN
ejge-7083	321	23	in	in	ADP
ejge-7083	321	24	the	the	DET
ejge-7083	321	25	case	case	NOUN
ejge-7083	321	26	of	of	ADP
ejge-7083	321	27	a	a	DET
ejge-7083	321	28	drop	drop	NOUN
ejge-7083	321	29	in	in	ADP
ejge-7083	321	30	deposit	deposit	NOUN
ejge-7083	321	31	rates	rate	NOUN
ejge-7083	321	32	because	because	SCONJ
ejge-7083	321	33	they	they	PRON
ejge-7083	321	34	are	be	AUX
ejge-7083	321	35	linked	link	VERB
ejge-7083	321	36	to	to	ADP
ejge-7083	321	37	the	the	DET
ejge-7083	321	38	firm	firm	NOUN
ejge-7083	321	39	via	via	ADP
ejge-7083	321	40	asset	asset	NOUN
ejge-7083	321	41	products	product	NOUN
ejge-7083	321	42	,	,	PUNCT
ejge-7083	321	43	or	or	CCONJ
ejge-7083	321	44	just	just	ADV
ejge-7083	321	45	because	because	SCONJ
ejge-7083	321	46	the	the	DET
ejge-7083	321	47	volume	volume	NOUN
ejge-7083	321	48	of	of	ADP
ejge-7083	321	49	their	their	PRON
ejge-7083	321	50	deposits	deposit	NOUN
ejge-7083	321	51	does	do	AUX
ejge-7083	321	52	not	not	PART
ejge-7083	321	53	compensate	compensate	VERB
ejge-7083	321	54	the	the	DET
ejge-7083	321	55	transaction	transaction	NOUN
ejge-7083	321	56	costs	cost	NOUN
ejge-7083	321	57	of	of	ADP
ejge-7083	321	58	opening	open	VERB
ejge-7083	321	59	a	a	DET
ejge-7083	321	60	new	new	ADJ
ejge-7083	321	61	account	account	NOUN
ejge-7083	321	62	elsewhere	elsewhere	ADV
ejge-7083	321	63	(	(	PUNCT
ejge-7083	321	64	kim	kim	PROPN
ejge-7083	321	65	et	et	PROPN
ejge-7083	321	66	al	al	PROPN
ejge-7083	321	67	.	.	PROPN
ejge-7083	321	68	,	,	PUNCT
ejge-7083	321	69	2003	2003	NUM
ejge-7083	321	70	)	)	PUNCT
ejge-7083	321	71	.	.	PUNCT
ejge-7083	322	1	trujillo	trujillo	PROPN
ejge-7083	322	2	-	-	PUNCT
ejge-7083	322	3	ponce	ponce	NOUN
ejge-7083	322	4	(	(	PUNCT
ejge-7083	322	5	2013	2013	NUM
ejge-7083	322	6	)	)	PUNCT
ejge-7083	322	7	also	also	ADV
ejge-7083	322	8	finds	find	VERB
ejge-7083	322	9	a	a	DET
ejge-7083	322	10	negative	negative	ADJ
ejge-7083	322	11	relationship	relationship	NOUN
ejge-7083	322	12	between	between	ADP
ejge-7083	322	13	the	the	DET
ejge-7083	322	14	interest	interest	NOUN
ejge-7083	322	15	rate	rate	NOUN
ejge-7083	322	16	and	and	CCONJ
ejge-7083	322	17	the	the	DET
ejge-7083	322	18	profitability	profitability	NOUN
ejge-7083	322	19	of	of	ADP
ejge-7083	322	20	spanish	spanish	ADJ
ejge-7083	322	21	banks	bank	NOUN
ejge-7083	322	22	(	(	PUNCT
ejge-7083	322	23	both	both	PRON
ejge-7083	322	24	roa	roa	NOUN
ejge-7083	322	25	and	and	CCONJ
ejge-7083	322	26	roe	roe	PROPN
ejge-7083	322	27	)	)	PUNCT
ejge-7083	322	28	.	.	PUNCT
ejge-7083	323	1	this	this	DET
ejge-7083	323	2	author	author	NOUN
ejge-7083	323	3	argues	argue	VERB
ejge-7083	323	4	that	that	SCONJ
ejge-7083	323	5	"	"	PUNCT
ejge-7083	323	6	"	"	PUNCT
ejge-7083	323	7	this	this	DET
ejge-7083	323	8	inverse	inverse	NOUN
ejge-7083	323	9	relation	relation	NOUN
ejge-7083	323	10	may	may	AUX
ejge-7083	323	11	be	be	AUX
ejge-7083	323	12	caused	cause	VERB
ejge-7083	323	13	by	by	ADP
ejge-7083	323	14	a	a	DET
ejge-7083	323	15	temporary	temporary	ADJ
ejge-7083	323	16	lag	lag	NOUN
ejge-7083	323	17	when	when	SCONJ
ejge-7083	323	18	modifying	modify	VERB
ejge-7083	323	19	the	the	DET
ejge-7083	323	20	interest	interest	NOUN
ejge-7083	323	21	rates	rate	NOUN
ejge-7083	323	22	applied	apply	VERB
ejge-7083	323	23	to	to	ADP
ejge-7083	323	24	customers	customer	NOUN
ejge-7083	323	25	in	in	ADP
ejge-7083	323	26	such	such	DET
ejge-7083	323	27	a	a	DET
ejge-7083	323	28	way	way	NOUN
ejge-7083	323	29	that	that	PRON
ejge-7083	323	30	interest	interest	NOUN
ejge-7083	323	31	rate	rate	NOUN
ejge-7083	323	32	variations	variation	NOUN
ejge-7083	323	33	are	be	AUX
ejge-7083	323	34	more	more	ADV
ejge-7083	323	35	rapid	rapid	ADJ
ejge-7083	323	36	for	for	ADP
ejge-7083	323	37	liability	liability	NOUN
ejge-7083	323	38	products	product	NOUN
ejge-7083	323	39	than	than	ADP
ejge-7083	323	40	asset	asset	NOUN
ejge-7083	323	41	ones	one	NOUN
ejge-7083	323	42	.	.	PUNCT
ejge-7083	324	1	hence	hence	ADV
ejge-7083	324	2	,	,	PUNCT
ejge-7083	324	3	the	the	DET
ejge-7083	324	4	banking	banking	NOUN
ejge-7083	324	5	interest	interest	NOUN
ejge-7083	324	6	rate	rate	NOUN
ejge-7083	324	7	margin	margin	NOUN
ejge-7083	324	8	increases	increase	VERB
ejge-7083	324	9	with	with	ADP
ejge-7083	324	10	a	a	DET
ejge-7083	324	11	drop	drop	NOUN
ejge-7083	324	12	in	in	ADP
ejge-7083	324	13	the	the	DET
ejge-7083	324	14	reference	reference	NOUN
ejge-7083	324	15	interest	interest	NOUN
ejge-7083	324	16	rates	rate	NOUN
ejge-7083	324	17	and	and	CCONJ
ejge-7083	324	18	decreases	decrease	VERB
ejge-7083	324	19	with	with	ADP
ejge-7083	324	20	an	an	DET
ejge-7083	324	21	increase	increase	NOUN
ejge-7083	324	22	in	in	ADP
ejge-7083	324	23	the	the	DET
ejge-7083	324	24	latter	latter	ADJ
ejge-7083	324	25	"	"	PUNCT
ejge-7083	324	26	"	"	PUNCT
ejge-7083	324	27	.	.	PUNCT
ejge-7083	325	1	david	david	PROPN
ejge-7083	325	2	boto	boto	PROPN
ejge-7083	325	3	-	-	PUNCT
ejge-7083	325	4	garcía	garcía	VERB
ejge-7083	325	5	et	et	PROPN
ejge-7083	325	6	al	al	PROPN
ejge-7083	325	7	.	.	PUNCT
ejge-7083	325	8	/	/	SYM
ejge-7083	325	9	european	european	PROPN
ejge-7083	325	10	journal	journal	PROPN
ejge-7083	325	11	of	of	ADP
ejge-7083	325	12	government	government	NOUN
ejge-7083	325	13	and	and	CCONJ
ejge-7083	325	14	economics	economic	NOUN
ejge-7083	325	15	10(1	10(1	NUM
ejge-7083	325	16	)	)	PUNCT
ejge-7083	325	17	,	,	PUNCT
ejge-7083	325	18	june	june	PROPN
ejge-7083	325	19	2021	2021	NUM
ejge-7083	325	20	,	,	PUNCT
ejge-7083	325	21	5	5	NUM
ejge-7083	325	22	-	-	SYM
ejge-7083	325	23	29	29	NUM
ejge-7083	325	24	20	20	NUM
ejge-7083	325	25	table	table	NOUN
ejge-7083	325	26	5	5	NUM
ejge-7083	325	27	.	.	PUNCT
ejge-7083	326	1	estimation	estimation	NOUN
ejge-7083	326	2	results	result	NOUN
ejge-7083	326	3	using	use	VERB
ejge-7083	326	4	both	both	DET
ejge-7083	326	5	eurib_12	eurib_12	PROPN
ejge-7083	326	6	and	and	CCONJ
ejge-7083	326	7	10y_sb	10y_sb	NUM
ejge-7083	326	8	.	.	PUNCT
ejge-7083	327	1	(	(	PUNCT
ejge-7083	327	2	1	1	X
ejge-7083	327	3	)	)	PUNCT
ejge-7083	327	4	(	(	PUNCT
ejge-7083	327	5	2	2	NUM
ejge-7083	327	6	)	)	PUNCT
ejge-7083	327	7	(	(	PUNCT
ejge-7083	327	8	3	3	X
ejge-7083	327	9	)	)	PUNCT
ejge-7083	327	10	(	(	PUNCT
ejge-7083	327	11	4	4	NUM
ejge-7083	327	12	)	)	PUNCT
ejge-7083	327	13	(	(	PUNCT
ejge-7083	327	14	5	5	X
ejge-7083	327	15	)	)	PUNCT
ejge-7083	327	16	coefficient	coefficient	NOUN
ejge-7083	327	17	se	se	PROPN
ejge-7083	327	18	coefficient	coefficient	PROPN
ejge-7083	327	19	se	se	PROPN
ejge-7083	327	20	coefficient	coefficient	PROPN
ejge-7083	327	21	se	se	PROPN
ejge-7083	327	22	coefficient	coefficient	PROPN
ejge-7083	327	23	se	se	PROPN
ejge-7083	327	24	coefficient	coefficient	PROPN
ejge-7083	327	25	se	se	PROPN
ejge-7083	327	26	δ2	δ2	PROPN
ejge-7083	327	27	log	log	NOUN
ejge-7083	327	28	loans	loan	NOUN
ejge-7083	327	29	9.576	9.576	NUM
ejge-7083	327	30	*	*	SYM
ejge-7083	327	31	*	*	NOUN
ejge-7083	327	32	3.838	3.838	NUM
ejge-7083	327	33	9.559	9.559	NUM
ejge-7083	327	34	*	*	PUNCT
ejge-7083	327	35	*	*	NOUN
ejge-7083	327	36	3.849	3.849	NUM
ejge-7083	327	37	9.191	9.191	NUM
ejge-7083	327	38	*	*	PUNCT
ejge-7083	327	39	*	*	X
ejge-7083	327	40	3.745	3.745	NUM
ejge-7083	327	41	8.333	8.333	NUM
ejge-7083	327	42	*	*	NOUN
ejge-7083	327	43	*	*	PUNCT
ejge-7083	327	44	3.339	3.339	NUM
ejge-7083	327	45	8.693	8.693	NUM
ejge-7083	327	46	*	*	PUNCT
ejge-7083	327	47	*	*	NUM
ejge-7083	327	48	3.397	3.397	NUM
ejge-7083	327	49	δ	δ	NOUN
ejge-7083	327	50	eurib_12	eurib_12	PUNCT
ejge-7083	328	1	-0.324	-0.324	PROPN
ejge-7083	328	2	*	*	PUNCT
ejge-7083	328	3	*	*	NOUN
ejge-7083	328	4	0.151	0.151	NUM
ejge-7083	328	5	-0.326	-0.326	X
ejge-7083	328	6	*	*	PUNCT
ejge-7083	328	7	*	*	NOUN
ejge-7083	328	8	0.153	0.153	NUM
ejge-7083	328	9	-0.320	-0.320	NOUN
ejge-7083	328	10	*	*	NOUN
ejge-7083	328	11	*	*	NOUN
ejge-7083	328	12	0.152	0.152	NUM
ejge-7083	328	13	-0.323	-0.323	PUNCT
ejge-7083	328	14	*	*	PUNCT
ejge-7083	328	15	*	*	X
ejge-7083	328	16	0.155	0.155	NUM
ejge-7083	328	17	δ	δ	NOUN
ejge-7083	328	18	eurib_3	eurib_3	X
ejge-7083	328	19	-0.303	-0.303	PROPN
ejge-7083	328	20	*	*	PUNCT
ejge-7083	328	21	*	*	PUNCT
ejge-7083	328	22	0.150	0.150	NUM
ejge-7083	328	23	10y_sb	10y_sb	NUM
ejge-7083	328	24	0.182	0.182	NOUN
ejge-7083	328	25	*	*	PUNCT
ejge-7083	328	26	*	*	PUNCT
ejge-7083	329	1	0.081	0.081	NUM
ejge-7083	329	2	0.182	0.182	NUM
ejge-7083	329	3	*	*	PUNCT
ejge-7083	329	4	*	*	X
ejge-7083	330	1	0.081	0.081	NUM
ejge-7083	330	2	0.186	0.186	NUM
ejge-7083	330	3	*	*	PUNCT
ejge-7083	330	4	*	*	PUNCT
ejge-7083	330	5	0.081	0.081	NUM
ejge-7083	330	6	0.161	0.161	NUM
ejge-7083	330	7	*	*	PUNCT
ejge-7083	330	8	*	*	PUNCT
ejge-7083	330	9	0.075	0.075	NUM
ejge-7083	330	10	0.165	0.165	NUM
ejge-7083	330	11	*	*	PUNCT
ejge-7083	330	12	*	*	PUNCT
ejge-7083	330	13	0.077	0.077	NUM
ejge-7083	330	14	δ	δ	PROPN
ejge-7083	330	15	log	log	NOUN
ejge-7083	330	16	gdp	gdp	NOUN
ejge-7083	330	17	66.817	66.817	NUM
ejge-7083	330	18	23.227	23.227	NUM
ejge-7083	330	19	67.095	67.095	NUM
ejge-7083	330	20	*	*	PUNCT
ejge-7083	330	21	*	*	PUNCT
ejge-7083	330	22	*	*	PUNCT
ejge-7083	330	23	23.629	23.629	NUM
ejge-7083	330	24	68.513	68.513	NUM
ejge-7083	330	25	*	*	PUNCT
ejge-7083	330	26	*	*	PUNCT
ejge-7083	330	27	*	*	PUNCT
ejge-7083	330	28	23.766	23.766	NUM
ejge-7083	330	29	65.645	65.645	NUM
ejge-7083	330	30	*	*	PUNCT
ejge-7083	330	31	*	*	PUNCT
ejge-7083	330	32	*	*	PUNCT
ejge-7083	330	33	23.629	23.629	NUM
ejge-7083	330	34	63.424	63.424	NUM
ejge-7083	330	35	*	*	PUNCT
ejge-7083	330	36	*	*	PUNCT
ejge-7083	330	37	*	*	X
ejge-7083	330	38	22.808	22.808	NUM
ejge-7083	330	39	δ	δ	NOUN
ejge-7083	330	40	log	log	VERB
ejge-7083	330	41	hh	hh	PROPN
ejge-7083	330	42	0.447	0.447	NUM
ejge-7083	330	43	0.660	0.660	NUM
ejge-7083	330	44	0.400	0.400	NUM
ejge-7083	330	45	0.627	0.627	NUM
ejge-7083	330	46	δ	δ	NOUN
ejge-7083	330	47	log	log	VERB
ejge-7083	330	48	hh	hh	ADV
ejge-7083	330	49	x	x	X
ejge-7083	330	50	d2012	d2012	NOUN
ejge-7083	330	51	0.646	0.646	NUM
ejge-7083	330	52	3.270	3.270	NUM
ejge-7083	330	53	δ	δ	NOUN
ejge-7083	330	54	log	log	NOUN
ejge-7083	330	55	c5	c5	PROPN
ejge-7083	330	56	-1.633	-1.633	PUNCT
ejge-7083	330	57	1.208	1.208	NUM
ejge-7083	330	58	0.224	0.224	NUM
ejge-7083	330	59	0.916	0.916	NUM
ejge-7083	330	60	0.229	0.229	NUM
ejge-7083	330	61	0.974	0.974	NUM
ejge-7083	330	62	δ	δ	NOUN
ejge-7083	330	63	log	log	NOUN
ejge-7083	330	64	c5	c5	PROPN
ejge-7083	330	65	x	x	PUNCT
ejge-7083	330	66	d2012	d2012	NOUN
ejge-7083	330	67	23.179	23.179	NUM
ejge-7083	330	68	*	*	PUNCT
ejge-7083	330	69	*	*	PUNCT
ejge-7083	330	70	*	*	PUNCT
ejge-7083	330	71	5.139	5.139	NUM
ejge-7083	330	72	-0.228	-0.228	ADJ
ejge-7083	330	73	*	*	PUNCT
ejge-7083	330	74	*	*	PUNCT
ejge-7083	330	75	*	*	X
ejge-7083	330	76	5.189	5.189	NUM
ejge-7083	330	77	d2010	d2010	NOUN
ejge-7083	330	78	-0.687	-0.687	NOUN
ejge-7083	330	79	*	*	PUNCT
ejge-7083	330	80	*	*	PUNCT
ejge-7083	330	81	*	*	PUNCT
ejge-7083	330	82	0.225	0.225	NUM
ejge-7083	330	83	-0.689	-0.689	PUNCT
ejge-7083	330	84	*	*	PUNCT
ejge-7083	330	85	*	*	PUNCT
ejge-7083	330	86	*	*	PUNCT
ejge-7083	330	87	0.226	0.226	NUM
ejge-7083	330	88	-0.696	-0.696	NOUN
ejge-7083	330	89	*	*	PUNCT
ejge-7083	330	90	*	*	PUNCT
ejge-7083	330	91	*	*	PUNCT
ejge-7083	330	92	0.226	0.226	NUM
ejge-7083	330	93	-0.686	-0.686	ADV
ejge-7083	330	94	*	*	PUNCT
ejge-7083	330	95	*	*	PUNCT
ejge-7083	330	96	*	*	NOUN
ejge-7083	330	97	0.225	0.225	NUM
ejge-7083	330	98	-0.635	-0.635	SYM
ejge-7083	330	99	0.208	0.208	NUM
ejge-7083	330	100	d2012	d2012	NOUN
ejge-7083	330	101	-1.656	-1.656	VERB
ejge-7083	330	102	*	*	PUNCT
ejge-7083	330	103	*	*	PUNCT
ejge-7083	330	104	*	*	X
ejge-7083	330	105	0.453	0.453	NUM
ejge-7083	330	106	-1.673	-1.673	NOUN
ejge-7083	330	107	*	*	PUNCT
ejge-7083	330	108	*	*	PUNCT
ejge-7083	330	109	*	*	PUNCT
ejge-7083	330	110	0.455	0.455	NUM
ejge-7083	330	111	-1.660	-1.660	NOUN
ejge-7083	330	112	*	*	PUNCT
ejge-7083	330	113	*	*	PUNCT
ejge-7083	330	114	*	*	NOUN
ejge-7083	330	115	0.452	0.452	NUM
ejge-7083	330	116	-1.384	-1.384	X
ejge-7083	330	117	*	*	X
ejge-7083	330	118	*	*	PUNCT
ejge-7083	330	119	*	*	PUNCT
ejge-7083	330	120	0.430	0.430	NUM
ejge-7083	330	121	-1.302	-1.302	NUM
ejge-7083	330	122	*	*	PUNCT
ejge-7083	330	123	*	*	PUNCT
ejge-7083	330	124	*	*	X
ejge-7083	330	125	0.4000	0.4000	NUM
ejge-7083	330	126	q1	q1	PROPN
ejge-7083	330	127	0.066	0.066	NUM
ejge-7083	330	128	0.115	0.115	NUM
ejge-7083	330	129	0.056	0.056	NUM
ejge-7083	330	130	0.121	0.121	NUM
ejge-7083	330	131	0.122	0.122	NUM
ejge-7083	330	132	0.113	0.113	NUM
ejge-7083	330	133	0.065	0.065	NUM
ejge-7083	330	134	0.103	0.103	NUM
ejge-7083	330	135	0.033	0.033	NUM
ejge-7083	330	136	0.106	0.106	NUM
ejge-7083	330	137	q2	q2	NOUN
ejge-7083	330	138	0.110	0.110	NUM
ejge-7083	330	139	0.131	0.131	NUM
ejge-7083	330	140	0.111	0.111	NUM
ejge-7083	330	141	0.131	0.131	NUM
ejge-7083	330	142	0.115	0.115	NUM
ejge-7083	330	143	0.129	0.129	NUM
ejge-7083	330	144	0.179	0.179	NUM
ejge-7083	330	145	0.126	0.126	NUM
ejge-7083	330	146	0.155	0.155	NUM
ejge-7083	330	147	0.119	0.119	NUM
ejge-7083	330	148	q3	q3	NOUN
ejge-7083	330	149	0.127	0.127	NUM
ejge-7083	330	150	0.113	0.113	NUM
ejge-7083	330	151	0.128	0.128	NUM
ejge-7083	330	152	0.113	0.113	NUM
ejge-7083	330	153	0.132	0.132	NUM
ejge-7083	330	154	0.113	0.113	NUM
ejge-7083	330	155	0.161	0.161	NUM
ejge-7083	330	156	0.116	0.116	NUM
ejge-7083	330	157	0.148	0.148	NUM
ejge-7083	330	158	0.120	0.120	NUM
ejge-7083	330	159	trend	trend	NOUN
ejge-7083	330	160	0.023	0.023	NUM
ejge-7083	330	161	*	*	NOUN
ejge-7083	330	162	*	*	PROPN
ejge-7083	330	163	0.009	0.009	NUM
ejge-7083	330	164	0.023	0.023	NUM
ejge-7083	330	165	*	*	PUNCT
ejge-7083	330	166	*	*	PROPN
ejge-7083	330	167	0.009	0.009	NUM
ejge-7083	330	168	0.023	0.023	NUM
ejge-7083	330	169	*	*	PUNCT
ejge-7083	330	170	*	*	PUNCT
ejge-7083	330	171	*	*	PUNCT
ejge-7083	331	1	0.008	0.008	NUM
ejge-7083	331	2	0.021	0.021	NUM
ejge-7083	331	3	*	*	PUNCT
ejge-7083	331	4	*	*	PROPN
ejge-7083	332	1	0.008	0.008	NUM
ejge-7083	332	2	0.019	0.019	NUM
ejge-7083	332	3	*	*	PUNCT
ejge-7083	332	4	*	*	PROPN
ejge-7083	332	5	0.007	0.007	NUM
ejge-7083	332	6	constant	constant	ADJ
ejge-7083	332	7	-0.990	-0.990	ADP
ejge-7083	332	8	0.641	0.641	NUM
ejge-7083	332	9	-0.992	-0.992	NOUN
ejge-7083	332	10	0.640	0.640	NUM
ejge-7083	332	11	-0.997	-0.997	NUM
ejge-7083	332	12	0.640	0.640	NUM
ejge-7083	332	13	-0.840	-0.840	NOUN
ejge-7083	332	14	0.612	0.612	NUM
ejge-7083	332	15	-0.752	-0.752	NUM
ejge-7083	332	16	0.585	0.585	NUM
ejge-7083	332	17	𝑅𝑅2	𝑅𝑅2	PROPN
ejge-7083	332	18	0.712	0.712	NUM
ejge-7083	332	19	0.709	0.709	NUM
ejge-7083	332	20	0.715	0.715	NUM
ejge-7083	332	21	0.748	0.748	NUM
ejge-7083	332	22	0.744	0.744	NUM
ejge-7083	332	23	aic	aic	PROPN
ejge-7083	332	24	149.39	149.39	NUM
ejge-7083	332	25	151.34	151.34	NUM
ejge-7083	332	26	148.68	148.68	NUM
ejge-7083	332	27	138.77	138.77	NUM
ejge-7083	332	28	140.07	140.07	NUM
ejge-7083	332	29	note	note	NOUN
ejge-7083	332	30	:	:	PUNCT
ejge-7083	332	31	(	(	PUNCT
ejge-7083	332	32	*	*	NOUN
ejge-7083	332	33	)	)	PUNCT
ejge-7083	332	34	,	,	PUNCT
ejge-7083	332	35	(	(	PUNCT
ejge-7083	332	36	*	*	PUNCT
ejge-7083	332	37	*	*	PUNCT
ejge-7083	332	38	)	)	PUNCT
ejge-7083	332	39	and	and	CCONJ
ejge-7083	332	40	(	(	PUNCT
ejge-7083	332	41	*	*	PUNCT
ejge-7083	332	42	*	*	PUNCT
ejge-7083	332	43	*	*	PUNCT
ejge-7083	332	44	)	)	PUNCT
ejge-7083	332	45	indicate	indicate	VERB
ejge-7083	332	46	significance	significance	NOUN
ejge-7083	332	47	at	at	ADP
ejge-7083	332	48	10	10	NUM
ejge-7083	332	49	%	%	NOUN
ejge-7083	332	50	,	,	PUNCT
ejge-7083	332	51	5	5	NUM
ejge-7083	332	52	%	%	NOUN
ejge-7083	332	53	and	and	CCONJ
ejge-7083	332	54	1	1	NUM
ejge-7083	332	55	%	%	NOUN
ejge-7083	332	56	level	level	NOUN
ejge-7083	332	57	respectively	respectively	ADV
ejge-7083	332	58	.	.	PUNCT
ejge-7083	333	1	bank	bank	NOUN
ejge-7083	333	2	margins	margin	NOUN
ejge-7083	333	3	also	also	ADV
ejge-7083	333	4	benefit	benefit	VERB
ejge-7083	333	5	from	from	ADP
ejge-7083	333	6	a	a	DET
ejge-7083	333	7	fall	fall	NOUN
ejge-7083	333	8	in	in	ADP
ejge-7083	333	9	interest	interest	NOUN
ejge-7083	333	10	rates	rate	NOUN
ejge-7083	333	11	(	(	PUNCT
ejge-7083	333	12	for	for	ADP
ejge-7083	333	13	new	new	ADJ
ejge-7083	333	14	operations	operation	NOUN
ejge-7083	333	15	)	)	PUNCT
ejge-7083	333	16	due	due	ADP
ejge-7083	333	17	to	to	ADP
ejge-7083	333	18	a	a	DET
ejge-7083	333	19	composition	composition	NOUN
ejge-7083	333	20	effect	effect	NOUN
ejge-7083	333	21	derived	derive	VERB
ejge-7083	333	22	from	from	ADP
ejge-7083	333	23	the	the	DET
ejge-7083	333	24	transfer	transfer	NOUN
ejge-7083	333	25	of	of	ADP
ejge-7083	333	26	fixed	fix	VERB
ejge-7083	333	27	-	-	PUNCT
ejge-7083	333	28	term	term	NOUN
ejge-7083	333	29	deposits	deposit	NOUN
ejge-7083	333	30	to	to	ADP
ejge-7083	333	31	sight	sight	NOUN
ejge-7083	333	32	deposits	deposit	NOUN
ejge-7083	333	33	.	.	PUNCT
ejge-7083	334	1	when	when	SCONJ
ejge-7083	334	2	the	the	DET
ejge-7083	334	3	remuneration	remuneration	NOUN
ejge-7083	334	4	of	of	ADP
ejge-7083	334	5	the	the	DET
ejge-7083	334	6	deposits	deposit	NOUN
ejge-7083	334	7	is	be	AUX
ejge-7083	334	8	quite	quite	ADV
ejge-7083	334	9	small	small	ADJ
ejge-7083	334	10	,	,	PUNCT
ejge-7083	334	11	customers	customer	NOUN
ejge-7083	334	12	prefer	prefer	VERB
ejge-7083	334	13	the	the	DET
ejge-7083	334	14	flexibility	flexibility	NOUN
ejge-7083	334	15	of	of	ADP
ejge-7083	334	16	money	money	NOUN
ejge-7083	334	17	at	at	ADP
ejge-7083	334	18	sight	sight	NOUN
ejge-7083	334	19	despite	despite	SCONJ
ejge-7083	334	20	its	its	PRON
ejge-7083	334	21	minimal	minimal	ADJ
ejge-7083	334	22	return	return	NOUN
ejge-7083	334	23	,	,	PUNCT
ejge-7083	334	24	which	which	PRON
ejge-7083	334	25	results	result	VERB
ejge-7083	334	26	in	in	ADP
ejge-7083	334	27	the	the	DET
ejge-7083	334	28	average	average	ADJ
ejge-7083	334	29	deposit	deposit	NOUN
ejge-7083	334	30	rate	rate	NOUN
ejge-7083	334	31	being	be	AUX
ejge-7083	334	32	lower	low	ADJ
ejge-7083	334	33	.	.	PUNCT
ejge-7083	335	1	during	during	ADP
ejge-7083	335	2	the	the	DET
ejge-7083	335	3	study	study	NOUN
ejge-7083	335	4	period	period	NOUN
ejge-7083	335	5	,	,	PUNCT
ejge-7083	335	6	interest	interest	NOUN
ejge-7083	335	7	rates	rate	NOUN
ejge-7083	335	8	fell	fall	VERB
ejge-7083	335	9	during	during	ADP
ejge-7083	335	10	two	two	NUM
ejge-7083	335	11	or	or	CCONJ
ejge-7083	335	12	more	more	ADV
ejge-7083	335	13	consecutive	consecutive	ADJ
ejge-7083	335	14	years	year	NOUN
ejge-7083	335	15	in	in	ADP
ejge-7083	335	16	1995	1995	NUM
ejge-7083	335	17	-	-	SYM
ejge-7083	335	18	1999	1999	NUM
ejge-7083	335	19	,	,	PUNCT
ejge-7083	335	20	2001	2001	NUM
ejge-7083	335	21	-	-	SYM
ejge-7083	335	22	2005	2005	NUM
ejge-7083	335	23	,	,	PUNCT
ejge-7083	335	24	2008	2008	NUM
ejge-7083	335	25	-	-	SYM
ejge-7083	335	26	2010	2010	NUM
ejge-7083	335	27	and	and	CCONJ
ejge-7083	335	28	20122016	20122016	NUM
ejge-7083	335	29	.	.	PUNCT
ejge-7083	336	1	as	as	SCONJ
ejge-7083	336	2	shown	show	VERB
ejge-7083	336	3	in	in	ADP
ejge-7083	336	4	table	table	NOUN
ejge-7083	336	5	6	6	NUM
ejge-7083	336	6	,	,	PUNCT
ejge-7083	336	7	in	in	ADP
ejge-7083	336	8	all	all	DET
ejge-7083	336	9	these	these	DET
ejge-7083	336	10	periods	period	NOUN
ejge-7083	336	11	,	,	PUNCT
ejge-7083	336	12	liability	liability	NOUN
ejge-7083	336	13	interest	interest	NOUN
ejge-7083	336	14	rates	rate	NOUN
ejge-7083	336	15	fell	fall	VERB
ejge-7083	336	16	more	more	ADJ
ejge-7083	336	17	than	than	ADP
ejge-7083	336	18	asset	asset	NOUN
ejge-7083	336	19	rates	rate	NOUN
ejge-7083	336	20	.	.	PUNCT
ejge-7083	337	1	table	table	NOUN
ejge-7083	337	2	6	6	NUM
ejge-7083	337	3	.	.	PUNCT
ejge-7083	338	1	drop	drop	VERB
ejge-7083	338	2	in	in	ADP
ejge-7083	338	3	the	the	DET
ejge-7083	338	4	synthetic	synthetic	ADJ
ejge-7083	338	5	asset	asset	NOUN
ejge-7083	338	6	and	and	CCONJ
ejge-7083	338	7	liability	liability	NOUN
ejge-7083	338	8	rates	rate	NOUN
ejge-7083	338	9	.	.	PUNCT
ejge-7083	339	1	asset	asset	NOUN
ejge-7083	339	2	interest	interest	NOUN
ejge-7083	339	3	rates	rate	NOUN
ejge-7083	339	4	also	also	ADV
ejge-7083	339	5	drop	drop	VERB
ejge-7083	339	6	less	less	ADJ
ejge-7083	339	7	than	than	ADP
ejge-7083	339	8	deposit	deposit	NOUN
ejge-7083	339	9	rates	rate	NOUN
ejge-7083	339	10	due	due	ADP
ejge-7083	339	11	to	to	ADP
ejge-7083	339	12	the	the	DET
ejge-7083	339	13	existence	existence	NOUN
ejge-7083	339	14	of	of	ADP
ejge-7083	339	15	floor	floor	NOUN
ejge-7083	339	16	clauses	clause	NOUN
ejge-7083	339	17	in	in	ADP
ejge-7083	339	18	a	a	DET
ejge-7083	339	19	great	great	ADJ
ejge-7083	339	20	share	share	NOUN
ejge-7083	339	21	of	of	ADP
ejge-7083	339	22	mortgage	mortgage	NOUN
ejge-7083	339	23	loans	loan	NOUN
ejge-7083	339	24	.	.	PUNCT
ejge-7083	340	1	indeed	indeed	ADV
ejge-7083	340	2	,	,	PUNCT
ejge-7083	340	3	mortgages	mortgage	NOUN
ejge-7083	340	4	represent	represent	VERB
ejge-7083	340	5	a	a	DET
ejge-7083	340	6	large	large	ADJ
ejge-7083	340	7	percentage	percentage	NOUN
ejge-7083	340	8	of	of	ADP
ejge-7083	340	9	household	household	NOUN
ejge-7083	340	10	periods	period	NOUN
ejge-7083	340	11	in	in	ADP
ejge-7083	340	12	which	which	PRON
ejge-7083	340	13	a	a	DET
ejge-7083	340	14	fall	fall	NOUN
ejge-7083	340	15	in	in	ADP
ejge-7083	340	16	the	the	DET
ejge-7083	340	17	interest	interest	NOUN
ejge-7083	340	18	rates	rate	NOUN
ejge-7083	340	19	took	take	VERB
ejge-7083	340	20	place	place	NOUN
ejge-7083	340	21	1995	1995	NUM
ejge-7083	340	22	-	-	SYM
ejge-7083	340	23	1999	1999	NUM
ejge-7083	340	24	2001	2001	NUM
ejge-7083	340	25	-	-	SYM
ejge-7083	340	26	2005	2005	NUM
ejge-7083	340	27	2008	2008	NUM
ejge-7083	340	28	-	-	SYM
ejge-7083	340	29	2010	2010	NUM
ejge-7083	340	30	2011	2011	NUM
ejge-7083	340	31	-	-	SYM
ejge-7083	340	32	2016	2016	NUM
ejge-7083	340	33	drop	drop	NOUN
ejge-7083	340	34	in	in	ADP
ejge-7083	340	35	asset	asset	NOUN
ejge-7083	340	36	rates	rate	NOUN
ejge-7083	340	37	(	(	PUNCT
ejge-7083	340	38	%	%	INTJ
ejge-7083	340	39	)	)	PUNCT
ejge-7083	340	40	-49.2	-49.2	NOUN
ejge-7083	341	1	-66.3	-66.3	NUM
ejge-7083	341	2	-20.8	-20.8	PRON
ejge-7083	341	3	-43	-43	PUNCT
ejge-7083	341	4	drop	drop	NOUN
ejge-7083	341	5	in	in	ADP
ejge-7083	341	6	liability	liability	NOUN
ejge-7083	341	7	rates	rate	NOUN
ejge-7083	341	8	(	(	PUNCT
ejge-7083	341	9	%	%	INTJ
ejge-7083	341	10	)	)	PUNCT
ejge-7083	341	11	-62	-62	PUNCT
ejge-7083	342	1	-70.9	-70.9	NUM
ejge-7083	342	2	-32.5	-32.5	INTJ
ejge-7083	343	1	-71	-71	PROPN
ejge-7083	343	2	david	david	PROPN
ejge-7083	343	3	boto	boto	PROPN
ejge-7083	343	4	-	-	PUNCT
ejge-7083	343	5	garcía	garcía	VERB
ejge-7083	343	6	et	et	PROPN
ejge-7083	343	7	al	al	PROPN
ejge-7083	343	8	.	.	PUNCT
ejge-7083	343	9	/	/	SYM
ejge-7083	343	10	european	european	PROPN
ejge-7083	343	11	journal	journal	PROPN
ejge-7083	343	12	of	of	ADP
ejge-7083	343	13	government	government	NOUN
ejge-7083	343	14	and	and	CCONJ
ejge-7083	343	15	economics	economic	NOUN
ejge-7083	343	16	10(1	10(1	NUM
ejge-7083	343	17	)	)	PUNCT
ejge-7083	343	18	,	,	PUNCT
ejge-7083	343	19	june	june	PROPN
ejge-7083	343	20	2021	2021	NUM
ejge-7083	343	21	,	,	PUNCT
ejge-7083	343	22	5	5	NUM
ejge-7083	343	23	-	-	SYM
ejge-7083	343	24	29	29	NUM
ejge-7083	343	25	21	21	NUM
ejge-7083	343	26	loans	loan	NOUN
ejge-7083	343	27	,	,	PUNCT
ejge-7083	343	28	being	be	AUX
ejge-7083	343	29	the	the	DET
ejge-7083	343	30	vast	vast	ADJ
ejge-7083	343	31	majority	majority	NOUN
ejge-7083	343	32	(	(	PUNCT
ejge-7083	343	33	around	around	ADV
ejge-7083	343	34	90	90	NUM
ejge-7083	343	35	%	%	NOUN
ejge-7083	343	36	during	during	ADP
ejge-7083	343	37	the	the	DET
ejge-7083	343	38	real	real	ADJ
ejge-7083	343	39	estate	estate	NOUN
ejge-7083	343	40	boom	boom	NOUN
ejge-7083	343	41	)	)	PUNCT
ejge-7083	343	42	at	at	ADP
ejge-7083	343	43	a	a	DET
ejge-7083	343	44	variable	variable	ADJ
ejge-7083	343	45	interest	interest	NOUN
ejge-7083	343	46	rate	rate	NOUN
ejge-7083	343	47	.	.	PUNCT
ejge-7083	344	1	a	a	DET
ejge-7083	344	2	high	high	ADJ
ejge-7083	344	3	percentage	percentage	NOUN
ejge-7083	344	4	of	of	ADP
ejge-7083	344	5	the	the	DET
ejge-7083	344	6	variable	variable	ADJ
ejge-7083	344	7	-	-	PUNCT
ejge-7083	344	8	rate	rate	NOUN
ejge-7083	344	9	mortgages	mortgage	NOUN
ejge-7083	344	10	contained	contain	VERB
ejge-7083	344	11	floor	floor	NOUN
ejge-7083	344	12	clauses	clause	NOUN
ejge-7083	344	13	,	,	PUNCT
ejge-7083	344	14	which	which	PRON
ejge-7083	344	15	limited	limit	VERB
ejge-7083	344	16	the	the	DET
ejge-7083	344	17	possibility	possibility	NOUN
ejge-7083	344	18	of	of	ADP
ejge-7083	344	19	lowering	lower	VERB
ejge-7083	344	20	the	the	DET
ejge-7083	344	21	monthly	monthly	ADJ
ejge-7083	344	22	payments	payment	NOUN
ejge-7083	344	23	paid	pay	VERB
ejge-7083	344	24	by	by	ADP
ejge-7083	344	25	consumers	consumer	NOUN
ejge-7083	344	26	when	when	SCONJ
ejge-7083	344	27	the	the	DET
ejge-7083	344	28	reference	reference	NOUN
ejge-7083	344	29	rate	rate	NOUN
ejge-7083	344	30	fell	fall	VERB
ejge-7083	344	31	below	below	ADP
ejge-7083	344	32	that	that	PRON
ejge-7083	344	33	fixed	fix	VERB
ejge-7083	344	34	by	by	ADP
ejge-7083	344	35	the	the	DET
ejge-7083	344	36	clause	clause	NOUN
ejge-7083	344	37	.	.	PUNCT
ejge-7083	345	1	it	it	PRON
ejge-7083	345	2	is	be	AUX
ejge-7083	345	3	important	important	ADJ
ejge-7083	345	4	to	to	PART
ejge-7083	345	5	highlight	highlight	VERB
ejge-7083	345	6	that	that	DET
ejge-7083	345	7	euribor	euribor	PROPN
ejge-7083	345	8	does	do	AUX
ejge-7083	345	9	not	not	PART
ejge-7083	345	10	only	only	ADV
ejge-7083	345	11	affect	affect	VERB
ejge-7083	345	12	pre	pre	ADJ
ejge-7083	345	13	-	-	ADJ
ejge-7083	345	14	tax	tax	ADJ
ejge-7083	345	15	profits	profit	NOUN
ejge-7083	345	16	,	,	PUNCT
ejge-7083	345	17	and	and	CCONJ
ejge-7083	345	18	hence	hence	ADV
ejge-7083	345	19	roaa	roaa	VERB
ejge-7083	345	20	,	,	PUNCT
ejge-7083	345	21	in	in	ADP
ejge-7083	345	22	the	the	DET
ejge-7083	345	23	upper	upper	ADJ
ejge-7083	345	24	part	part	NOUN
ejge-7083	345	25	of	of	ADP
ejge-7083	345	26	the	the	DET
ejge-7083	345	27	income	income	NOUN
ejge-7083	345	28	statement	statement	NOUN
ejge-7083	345	29	(	(	PUNCT
ejge-7083	345	30	that	that	PRON
ejge-7083	345	31	is	is	ADV
ejge-7083	345	32	,	,	PUNCT
ejge-7083	345	33	the	the	DET
ejge-7083	345	34	net	net	ADJ
ejge-7083	345	35	interest	interest	NOUN
ejge-7083	345	36	income	income	NOUN
ejge-7083	345	37	)	)	PUNCT
ejge-7083	345	38	,	,	PUNCT
ejge-7083	345	39	but	but	CCONJ
ejge-7083	345	40	it	it	PRON
ejge-7083	345	41	also	also	ADV
ejge-7083	345	42	influences	influence	VERB
ejge-7083	345	43	the	the	DET
ejge-7083	345	44	gross	gross	ADJ
ejge-7083	345	45	margin	margin	NOUN
ejge-7083	345	46	via	via	ADP
ejge-7083	345	47	capital	capital	NOUN
ejge-7083	345	48	gains	gain	NOUN
ejge-7083	345	49	(	(	PUNCT
ejge-7083	345	50	or	or	CCONJ
ejge-7083	345	51	losses	loss	NOUN
ejge-7083	345	52	)	)	PUNCT
ejge-7083	345	53	in	in	ADP
ejge-7083	345	54	the	the	DET
ejge-7083	345	55	trading	trading	NOUN
ejge-7083	345	56	of	of	ADP
ejge-7083	345	57	financial	financial	ADJ
ejge-7083	345	58	assets	asset	NOUN
ejge-7083	345	59	,	,	PUNCT
ejge-7083	345	60	especially	especially	ADV
ejge-7083	345	61	fixedincome	fixedincome	VERB
ejge-7083	345	62	portfolios	portfolio	NOUN
ejge-7083	345	63	.	.	PUNCT
ejge-7083	346	1	since	since	SCONJ
ejge-7083	346	2	the	the	DET
ejge-7083	346	3	price	price	NOUN
ejge-7083	346	4	of	of	ADP
ejge-7083	346	5	some	some	DET
ejge-7083	346	6	financial	financial	ADJ
ejge-7083	346	7	assets	asset	NOUN
ejge-7083	346	8	is	be	AUX
ejge-7083	346	9	inversely	inversely	ADV
ejge-7083	346	10	related	relate	VERB
ejge-7083	346	11	to	to	ADP
ejge-7083	346	12	the	the	DET
ejge-7083	346	13	interest	interest	NOUN
ejge-7083	346	14	rate	rate	NOUN
ejge-7083	346	15	and	and	CCONJ
ejge-7083	346	16	given	give	VERB
ejge-7083	346	17	that	that	PRON
ejge-7083	346	18	from	from	ADP
ejge-7083	346	19	2009	2009	NUM
ejge-7083	346	20	onwards	onward	NOUN
ejge-7083	346	21	,	,	PUNCT
ejge-7083	346	22	euribor	euribor	PROPN
ejge-7083	346	23	has	have	AUX
ejge-7083	346	24	continuously	continuously	ADV
ejge-7083	346	25	decreased	decrease	VERB
ejge-7083	346	26	,	,	PUNCT
ejge-7083	346	27	the	the	DET
ejge-7083	346	28	incentive	incentive	NOUN
ejge-7083	346	29	to	to	PART
ejge-7083	346	30	gain	gain	VERB
ejge-7083	346	31	profits	profit	NOUN
ejge-7083	346	32	through	through	ADP
ejge-7083	346	33	the	the	DET
ejge-7083	346	34	sale	sale	NOUN
ejge-7083	346	35	of	of	ADP
ejge-7083	346	36	the	the	DET
ejge-7083	346	37	large	large	ADJ
ejge-7083	346	38	amounts	amount	NOUN
ejge-7083	346	39	of	of	ADP
ejge-7083	346	40	fixed	fix	VERB
ejge-7083	346	41	income	income	NOUN
ejge-7083	346	42	assets	asset	NOUN
ejge-7083	346	43	in	in	ADP
ejge-7083	346	44	the	the	DET
ejge-7083	346	45	banks	bank	NOUN
ejge-7083	346	46	'	'	PART
ejge-7083	346	47	balance	balance	NOUN
ejge-7083	346	48	sheets	sheet	NOUN
ejge-7083	346	49	experienced	experience	VERB
ejge-7083	346	50	a	a	DET
ejge-7083	346	51	great	great	ADJ
ejge-7083	346	52	increase	increase	NOUN
ejge-7083	346	53	,	,	PUNCT
ejge-7083	346	54	with	with	ADP
ejge-7083	346	55	the	the	DET
ejge-7083	346	56	corresponding	corresponding	ADJ
ejge-7083	346	57	positive	positive	ADJ
ejge-7083	346	58	effect	effect	NOUN
ejge-7083	346	59	on	on	ADP
ejge-7083	346	60	earnings	earning	NOUN
ejge-7083	346	61	.	.	PUNCT
ejge-7083	347	1	this	this	DET
ejge-7083	347	2	further	far	ADV
ejge-7083	347	3	reinforces	reinforce	VERB
ejge-7083	347	4	the	the	DET
ejge-7083	347	5	negative	negative	ADJ
ejge-7083	347	6	sign	sign	NOUN
ejge-7083	347	7	obtained	obtain	VERB
ejge-7083	347	8	.	.	PUNCT
ejge-7083	348	1	the	the	DET
ejge-7083	348	2	sign	sign	NOUN
ejge-7083	348	3	of	of	ADP
ejge-7083	348	4	the	the	DET
ejge-7083	348	5	parameter	parameter	NOUN
ejge-7083	348	6	associated	associate	VERB
ejge-7083	348	7	with	with	ADP
ejge-7083	348	8	the	the	DET
ejge-7083	348	9	10	10	NUM
ejge-7083	348	10	-	-	PUNCT
ejge-7083	348	11	year	year	NOUN
ejge-7083	348	12	sovereign	sovereign	ADJ
ejge-7083	348	13	bond	bond	NOUN
ejge-7083	348	14	yield	yield	NOUN
ejge-7083	348	15	is	be	AUX
ejge-7083	348	16	positive	positive	ADJ
ejge-7083	348	17	whilst	whilst	SCONJ
ejge-7083	348	18	that	that	PRON
ejge-7083	348	19	of	of	ADP
ejge-7083	348	20	the	the	DET
ejge-7083	348	21	euribor	euribor	NOUN
ejge-7083	348	22	is	be	AUX
ejge-7083	348	23	negative	negative	ADJ
ejge-7083	348	24	.	.	PUNCT
ejge-7083	349	1	both	both	DET
ejge-7083	349	2	signs	sign	NOUN
ejge-7083	349	3	make	make	VERB
ejge-7083	349	4	sense	sense	NOUN
ejge-7083	349	5	.	.	PUNCT
ejge-7083	350	1	since	since	SCONJ
ejge-7083	350	2	the	the	DET
ejge-7083	350	3	price	price	NOUN
ejge-7083	350	4	of	of	ADP
ejge-7083	350	5	liabilities	liability	NOUN
ejge-7083	350	6	is	be	AUX
ejge-7083	350	7	usually	usually	ADV
ejge-7083	350	8	linked	link	VERB
ejge-7083	350	9	to	to	ADP
ejge-7083	350	10	short	short	ADJ
ejge-7083	350	11	-	-	PUNCT
ejge-7083	350	12	term	term	NOUN
ejge-7083	350	13	interest	interest	NOUN
ejge-7083	350	14	rates	rate	NOUN
ejge-7083	350	15	(	(	PUNCT
ejge-7083	350	16	most	most	ADJ
ejge-7083	350	17	of	of	ADP
ejge-7083	350	18	bank	bank	NOUN
ejge-7083	350	19	funding	funding	NOUN
ejge-7083	350	20	is	be	AUX
ejge-7083	350	21	short	short	ADJ
ejge-7083	350	22	-	-	PUNCT
ejge-7083	350	23	term	term	NOUN
ejge-7083	350	24	)	)	PUNCT
ejge-7083	350	25	,	,	PUNCT
ejge-7083	350	26	an	an	DET
ejge-7083	350	27	increase	increase	NOUN
ejge-7083	350	28	in	in	ADP
ejge-7083	350	29	short	short	ADJ
ejge-7083	350	30	-	-	PUNCT
ejge-7083	350	31	term	term	NOUN
ejge-7083	350	32	interest	interest	NOUN
ejge-7083	350	33	rates	rate	NOUN
ejge-7083	350	34	(	(	PUNCT
ejge-7083	350	35	ceteris	ceteris	NOUN
ejge-7083	350	36	paribus	paribus	NOUN
ejge-7083	350	37	the	the	DET
ejge-7083	350	38	remaining	remain	VERB
ejge-7083	350	39	rates	rate	NOUN
ejge-7083	350	40	on	on	ADP
ejge-7083	350	41	the	the	DET
ejge-7083	350	42	curve	curve	NOUN
ejge-7083	350	43	)	)	PUNCT
ejge-7083	350	44	increases	increase	VERB
ejge-7083	350	45	the	the	DET
ejge-7083	350	46	funding	funding	NOUN
ejge-7083	350	47	costs	cost	NOUN
ejge-7083	350	48	of	of	ADP
ejge-7083	350	49	banks	bank	NOUN
ejge-7083	350	50	and	and	CCONJ
ejge-7083	350	51	damages	damage	NOUN
ejge-7083	350	52	profitability	profitability	NOUN
ejge-7083	350	53	.	.	PUNCT
ejge-7083	351	1	moreover	moreover	ADV
ejge-7083	351	2	,	,	PUNCT
ejge-7083	351	3	asset	asset	NOUN
ejge-7083	351	4	prices	price	NOUN
ejge-7083	351	5	are	be	AUX
ejge-7083	351	6	usually	usually	ADV
ejge-7083	351	7	linked	link	VERB
ejge-7083	351	8	to	to	ADP
ejge-7083	351	9	longer	long	ADJ
ejge-7083	351	10	term	term	VERB
ejge-7083	351	11	interest	interest	NOUN
ejge-7083	351	12	rates	rate	NOUN
ejge-7083	351	13	because	because	SCONJ
ejge-7083	351	14	banks	bank	NOUN
ejge-7083	351	15	invest	invest	VERB
ejge-7083	351	16	in	in	ADP
ejge-7083	351	17	long	long	ADJ
ejge-7083	351	18	-	-	PUNCT
ejge-7083	351	19	term	term	NOUN
ejge-7083	351	20	assets	asset	NOUN
ejge-7083	351	21	.	.	PUNCT
ejge-7083	352	1	therefore	therefore	ADV
ejge-7083	352	2	,	,	PUNCT
ejge-7083	352	3	an	an	DET
ejge-7083	352	4	increase	increase	NOUN
ejge-7083	352	5	in	in	ADP
ejge-7083	352	6	long	long	ADJ
ejge-7083	352	7	-	-	PUNCT
ejge-7083	352	8	term	term	NOUN
ejge-7083	352	9	interest	interest	NOUN
ejge-7083	352	10	rates	rate	NOUN
ejge-7083	352	11	encourages	encourage	VERB
ejge-7083	352	12	banks	bank	NOUN
ejge-7083	352	13	to	to	PART
ejge-7083	352	14	formalize	formalize	VERB
ejge-7083	352	15	operations	operation	NOUN
ejge-7083	352	16	at	at	ADP
ejge-7083	352	17	higher	high	ADJ
ejge-7083	352	18	interest	interest	NOUN
ejge-7083	352	19	rates	rate	NOUN
ejge-7083	352	20	,	,	PUNCT
ejge-7083	352	21	thereby	thereby	ADV
ejge-7083	352	22	improving	improve	VERB
ejge-7083	352	23	their	their	PRON
ejge-7083	352	24	profitability	profitability	NOUN
ejge-7083	352	25	.	.	PUNCT
ejge-7083	353	1	the	the	DET
ejge-7083	353	2	sign	sign	NOUN
ejge-7083	353	3	and	and	CCONJ
ejge-7083	353	4	significance	significance	NOUN
ejge-7083	353	5	of	of	ADP
ejge-7083	353	6	the	the	DET
ejge-7083	353	7	rest	rest	NOUN
ejge-7083	353	8	of	of	ADP
ejge-7083	353	9	the	the	DET
ejge-7083	353	10	variables	variable	NOUN
ejge-7083	353	11	are	be	AUX
ejge-7083	353	12	similar	similar	ADJ
ejge-7083	353	13	to	to	ADP
ejge-7083	353	14	table	table	NOUN
ejge-7083	353	15	4	4	NUM
ejge-7083	353	16	,	,	PUNCT
ejge-7083	353	17	so	so	SCONJ
ejge-7083	353	18	we	we	PRON
ejge-7083	353	19	abstract	abstract	VERB
ejge-7083	353	20	from	from	ADP
ejge-7083	353	21	commenting	comment	VERB
ejge-7083	353	22	on	on	ADP
ejge-7083	353	23	them	they	PRON
ejge-7083	353	24	again	again	ADV
ejge-7083	353	25	.	.	PUNCT
ejge-7083	354	1	we	we	PRON
ejge-7083	354	2	performed	perform	VERB
ejge-7083	354	3	some	some	DET
ejge-7083	354	4	robustness	robustness	NOUN
ejge-7083	354	5	checks	check	NOUN
ejge-7083	354	6	and	and	CCONJ
ejge-7083	354	7	model	model	NOUN
ejge-7083	354	8	extensions	extension	NOUN
ejge-7083	354	9	.	.	PUNCT
ejge-7083	355	1	first	first	ADV
ejge-7083	355	2	,	,	PUNCT
ejge-7083	355	3	some	some	DET
ejge-7083	355	4	authors	author	NOUN
ejge-7083	355	5	like	like	VERB
ejge-7083	355	6	albertazzi	albertazzi	NOUN
ejge-7083	355	7	&	&	CCONJ
ejge-7083	355	8	gambacorta	gambacorta	PROPN
ejge-7083	355	9	(	(	PUNCT
ejge-7083	355	10	2009	2009	NUM
ejge-7083	355	11	)	)	PUNCT
ejge-7083	355	12	and	and	CCONJ
ejge-7083	355	13	borio	borio	PROPN
ejge-7083	355	14	et	et	PROPN
ejge-7083	355	15	al	al	PROPN
ejge-7083	355	16	.	.	PROPN
ejge-7083	356	1	(	(	PUNCT
ejge-7083	356	2	2017	2017	NUM
ejge-7083	356	3	)	)	PUNCT
ejge-7083	356	4	use	use	VERB
ejge-7083	356	5	the	the	DET
ejge-7083	356	6	3	3	NUM
ejge-7083	356	7	-	-	PUNCT
ejge-7083	356	8	month	month	NOUN
ejge-7083	356	9	interbank	interbank	NOUN
ejge-7083	356	10	rate	rate	NOUN
ejge-7083	356	11	instead	instead	ADV
ejge-7083	356	12	of	of	ADP
ejge-7083	356	13	the	the	DET
ejge-7083	356	14	12	12	NUM
ejge-7083	356	15	-	-	PUNCT
ejge-7083	356	16	month	month	NOUN
ejge-7083	356	17	one	one	NUM
ejge-7083	356	18	.	.	PUNCT
ejge-7083	357	1	accordingly	accordingly	ADV
ejge-7083	357	2	,	,	PUNCT
ejge-7083	357	3	column	column	NOUN
ejge-7083	357	4	5	5	NUM
ejge-7083	357	5	replaces	replace	VERB
ejge-7083	357	6	δ	δ	NOUN
ejge-7083	357	7	eurib_12	eurib_12	X
ejge-7083	357	8	by	by	ADP
ejge-7083	357	9	δ	δ	PROPN
ejge-7083	357	10	eurib_3	eurib_3	VERB
ejge-7083	357	11	.	.	PUNCT
ejge-7083	358	1	as	as	SCONJ
ejge-7083	358	2	shown	show	VERB
ejge-7083	358	3	,	,	PUNCT
ejge-7083	358	4	both	both	CCONJ
ejge-7083	358	5	the	the	DET
ejge-7083	358	6	signs	sign	NOUN
ejge-7083	358	7	and	and	CCONJ
ejge-7083	358	8	the	the	DET
ejge-7083	358	9	magnitude	magnitude	NOUN
ejge-7083	358	10	of	of	ADP
ejge-7083	358	11	the	the	DET
ejge-7083	358	12	estimated	estimate	VERB
ejge-7083	358	13	parameters	parameter	NOUN
ejge-7083	358	14	remain	remain	VERB
ejge-7083	358	15	unchanged	unchanged	ADJ
ejge-7083	358	16	compared	compare	VERB
ejge-7083	358	17	to	to	ADP
ejge-7083	358	18	column	column	NOUN
ejge-7083	358	19	4	4	NUM
ejge-7083	358	20	.	.	PUNCT
ejge-7083	358	21	second	second	ADJ
ejge-7083	358	22	,	,	PUNCT
ejge-7083	358	23	we	we	PRON
ejge-7083	358	24	repeated	repeat	VERB
ejge-7083	358	25	the	the	DET
ejge-7083	358	26	regressions	regression	NOUN
ejge-7083	358	27	presented	present	VERB
ejge-7083	358	28	in	in	ADP
ejge-7083	358	29	tables	table	NOUN
ejge-7083	358	30	4	4	NUM
ejge-7083	358	31	and	and	CCONJ
ejge-7083	358	32	5	5	NUM
ejge-7083	358	33	using	use	VERB
ejge-7083	358	34	roae	roae	NOUN
ejge-7083	358	35	as	as	ADP
ejge-7083	358	36	the	the	DET
ejge-7083	358	37	dependent	dependent	ADJ
ejge-7083	358	38	variable	variable	NOUN
ejge-7083	358	39	.	.	PUNCT
ejge-7083	359	1	the	the	DET
ejge-7083	359	2	results	result	NOUN
ejge-7083	359	3	are	be	AUX
ejge-7083	359	4	consistent	consistent	ADJ
ejge-7083	359	5	with	with	ADP
ejge-7083	359	6	the	the	DET
ejge-7083	359	7	ones	one	NOUN
ejge-7083	359	8	reported	report	VERB
ejge-7083	359	9	and	and	CCONJ
ejge-7083	359	10	are	be	AUX
ejge-7083	359	11	available	available	ADJ
ejge-7083	359	12	from	from	ADP
ejge-7083	359	13	the	the	DET
ejge-7083	359	14	authors	author	NOUN
ejge-7083	359	15	upon	upon	SCONJ
ejge-7083	359	16	request	request	NOUN
ejge-7083	359	17	.	.	PUNCT
ejge-7083	360	1	third	third	ADJ
ejge-7083	360	2	and	and	CCONJ
ejge-7083	360	3	more	more	ADV
ejge-7083	360	4	importantly	importantly	ADV
ejge-7083	360	5	,	,	PUNCT
ejge-7083	360	6	during	during	ADP
ejge-7083	360	7	the	the	DET
ejge-7083	360	8	study	study	NOUN
ejge-7083	360	9	period	period	NOUN
ejge-7083	360	10	the	the	DET
ejge-7083	360	11	deflated	deflated	ADJ
ejge-7083	360	12	12	12	NUM
ejge-7083	360	13	-	-	PUNCT
ejge-7083	360	14	month	month	NOUN
ejge-7083	360	15	euribor	euribor	PROPN
ejge-7083	360	16	rate	rate	NOUN
ejge-7083	360	17	has	have	AUX
ejge-7083	360	18	been	be	AUX
ejge-7083	360	19	positive	positive	ADJ
ejge-7083	360	20	and	and	CCONJ
ejge-7083	360	21	negative	negative	ADJ
ejge-7083	360	22	,	,	PUNCT
ejge-7083	360	23	and	and	CCONJ
ejge-7083	360	24	the	the	DET
ejge-7083	360	25	inter	inter	ADJ
ejge-7083	360	26	-	-	ADJ
ejge-7083	360	27	month	month	NOUN
ejge-7083	360	28	variability	variability	NOUN
ejge-7083	360	29	has	have	AUX
ejge-7083	360	30	also	also	ADV
ejge-7083	360	31	been	be	AUX
ejge-7083	360	32	positive	positive	ADJ
ejge-7083	360	33	and	and	CCONJ
ejge-7083	360	34	negative	negative	ADJ
ejge-7083	360	35	.	.	PUNCT
ejge-7083	361	1	studies	study	NOUN
ejge-7083	361	2	concerned	concern	VERB
ejge-7083	361	3	about	about	ADP
ejge-7083	361	4	the	the	DET
ejge-7083	361	5	linkages	linkage	NOUN
ejge-7083	361	6	between	between	ADP
ejge-7083	361	7	euribor	euribor	PROPN
ejge-7083	361	8	and	and	CCONJ
ejge-7083	361	9	banks	bank	NOUN
ejge-7083	361	10	'	'	PART
ejge-7083	361	11	profitability	profitability	NOUN
ejge-7083	361	12	have	have	AUX
ejge-7083	361	13	shown	show	VERB
ejge-7083	361	14	that	that	SCONJ
ejge-7083	361	15	the	the	DET
ejge-7083	361	16	relationship	relationship	NOUN
ejge-7083	361	17	might	might	AUX
ejge-7083	361	18	be	be	AUX
ejge-7083	361	19	non	non	ADJ
ejge-7083	361	20	-	-	ADJ
ejge-7083	361	21	linear	linear	ADJ
ejge-7083	361	22	,	,	PUNCT
ejge-7083	361	23	so	so	SCONJ
ejge-7083	361	24	that	that	SCONJ
ejge-7083	361	25	the	the	DET
ejge-7083	361	26	effect	effect	NOUN
ejge-7083	361	27	is	be	AUX
ejge-7083	361	28	greater	great	ADJ
ejge-7083	361	29	when	when	SCONJ
ejge-7083	361	30	the	the	DET
ejge-7083	361	31	interests	interest	NOUN
ejge-7083	361	32	are	be	AUX
ejge-7083	361	33	low	low	ADJ
ejge-7083	361	34	(	(	PUNCT
ejge-7083	361	35	borio	borio	NOUN
ejge-7083	361	36	et	et	PROPN
ejge-7083	361	37	al	al	PROPN
ejge-7083	361	38	.	.	PROPN
ejge-7083	361	39	,	,	PUNCT
ejge-7083	361	40	2017	2017	NUM
ejge-7083	361	41	;	;	PUNCT
ejge-7083	361	42	cruz	cruz	PROPN
ejge-7083	361	43	-	-	PUNCT
ejge-7083	361	44	garcia	garcia	PROPN
ejge-7083	361	45	et	et	PROPN
ejge-7083	361	46	al	al	PROPN
ejge-7083	361	47	.	.	PROPN
ejge-7083	361	48	,	,	PUNCT
ejge-7083	361	49	2018	2018	NUM
ejge-7083	361	50	;	;	PUNCT
ejge-7083	361	51	pérezmontes	pérezmonte	NOUN
ejge-7083	361	52	and	and	CCONJ
ejge-7083	361	53	ferrer	ferrer	NOUN
ejge-7083	361	54	-	-	NOUN
ejge-7083	361	55	pérez	pérez	NOUN
ejge-7083	361	56	,	,	PUNCT
ejge-7083	361	57	2018	2018	NUM
ejge-7083	361	58	)	)	PUNCT
ejge-7083	361	59	.	.	PUNCT
ejge-7083	362	1	to	to	PART
ejge-7083	362	2	inspect	inspect	VERB
ejge-7083	362	3	in	in	ADP
ejge-7083	362	4	more	more	ADJ
ejge-7083	362	5	detail	detail	NOUN
ejge-7083	362	6	the	the	DET
ejge-7083	362	7	role	role	NOUN
ejge-7083	362	8	of	of	ADP
ejge-7083	362	9	euribor	euribor	NOUN
ejge-7083	362	10	on	on	ADP
ejge-7083	362	11	roaa	roaa	PROPN
ejge-7083	362	12	,	,	PUNCT
ejge-7083	362	13	we	we	PRON
ejge-7083	362	14	take	take	VERB
ejge-7083	362	15	the	the	DET
ejge-7083	362	16	model	model	NOUN
ejge-7083	362	17	specification	specification	NOUN
ejge-7083	362	18	in	in	ADP
ejge-7083	362	19	table	table	NOUN
ejge-7083	362	20	5	5	NUM
ejge-7083	362	21	column	column	NOUN
ejge-7083	362	22	4	4	NUM
ejge-7083	362	23	and	and	CCONJ
ejge-7083	362	24	add	add	VERB
ejge-7083	362	25	i	i	PRON
ejge-7083	362	26	)	)	PUNCT
ejge-7083	362	27	an	an	DET
ejge-7083	362	28	interaction	interaction	NOUN
ejge-7083	362	29	term	term	NOUN
ejge-7083	362	30	between	between	ADP
ejge-7083	362	31	δ	δ	PROPN
ejge-7083	362	32	eurib_12	eurib_12	PROPN
ejge-7083	362	33	and	and	CCONJ
ejge-7083	362	34	a	a	DET
ejge-7083	362	35	dummy	dummy	NOUN
ejge-7083	362	36	for	for	ADP
ejge-7083	362	37	whether	whether	CCONJ
ejge-7083	362	38	eurib_12>0	eurib_12>0	PROPN
ejge-7083	362	39	(	(	PUNCT
ejge-7083	362	40	euribor	euribor	PROPN
ejge-7083	362	41	.	.	PUNCT
ejge-7083	363	1	positive	positive	ADJ
ejge-7083	363	2	)	)	PUNCT
ejge-7083	363	3	,	,	PUNCT
ejge-7083	363	4	and	and	CCONJ
ejge-7083	363	5	ii	ii	X
ejge-7083	363	6	)	)	PUNCT
ejge-7083	363	7	an	an	DET
ejge-7083	363	8	interaction	interaction	NOUN
ejge-7083	363	9	term	term	NOUN
ejge-7083	363	10	between	between	ADP
ejge-7083	363	11	δ	δ	PROPN
ejge-7083	363	12	eurib_12	eurib_12	PROPN
ejge-7083	363	13	and	and	CCONJ
ejge-7083	363	14	a	a	DET
ejge-7083	363	15	dummy	dummy	NOUN
ejge-7083	363	16	for	for	ADP
ejge-7083	363	17	whether	whether	SCONJ
ejge-7083	363	18	eurib_12	eurib_12	PROPN
ejge-7083	363	19	is	be	AUX
ejge-7083	363	20	above	above	ADP
ejge-7083	363	21	the	the	DET
ejge-7083	363	22	study	study	NOUN
ejge-7083	363	23	period	period	NOUN
ejge-7083	363	24	mean	mean	VERB
ejge-7083	363	25	,	,	PUNCT
ejge-7083	363	26	which	which	PRON
ejge-7083	363	27	equals	equal	VERB
ejge-7083	363	28	0.549	0.549	NUM
ejge-7083	363	29	(	(	PUNCT
ejge-7083	363	30	euribor	euribor	PROPN
ejge-7083	363	31	.	.	PUNCT
ejge-7083	363	32	abovemean	abovemean	PROPN
ejge-7083	363	33	)	)	PUNCT
ejge-7083	363	34	.	.	PUNCT
ejge-7083	364	1	the	the	DET
ejge-7083	364	2	coefficient	coefficient	NOUN
ejge-7083	364	3	estimates	estimate	NOUN
ejge-7083	364	4	of	of	ADP
ejge-7083	364	5	these	these	DET
ejge-7083	364	6	additional	additional	ADJ
ejge-7083	364	7	regressions	regression	NOUN
ejge-7083	364	8	are	be	AUX
ejge-7083	364	9	presented	present	VERB
ejge-7083	364	10	in	in	ADP
ejge-7083	364	11	appendix	appendix	PROPN
ejge-7083	364	12	ii	ii	PROPN
ejge-7083	364	13	table	table	NOUN
ejge-7083	364	14	a5	a5	PROPN
ejge-7083	364	15	.	.	PUNCT
ejge-7083	365	1	interestingly	interestingly	ADV
ejge-7083	365	2	,	,	PUNCT
ejge-7083	365	3	we	we	PRON
ejge-7083	365	4	find	find	VERB
ejge-7083	365	5	that	that	SCONJ
ejge-7083	365	6	the	the	DET
ejge-7083	365	7	negative	negative	ADJ
ejge-7083	365	8	effect	effect	NOUN
ejge-7083	365	9	of	of	ADP
ejge-7083	365	10	the	the	DET
ejge-7083	365	11	12	12	NUM
ejge-7083	365	12	-	-	PUNCT
ejge-7083	365	13	month	month	NOUN
ejge-7083	365	14	euribor	euribor	PROPN
ejge-7083	365	15	rate	rate	NOUN
ejge-7083	365	16	on	on	ADP
ejge-7083	365	17	roaa	roaa	NOUN
ejge-7083	365	18	,	,	PUNCT
ejge-7083	365	19	conditional	conditional	ADJ
ejge-7083	365	20	on	on	ADP
ejge-7083	365	21	10y_sb	10y_sb	NUM
ejge-7083	365	22	,	,	PUNCT
ejge-7083	365	23	becomes	become	VERB
ejge-7083	365	24	lower	low	ADJ
ejge-7083	365	25	in	in	ADP
ejge-7083	365	26	magnitude	magnitude	NOUN
ejge-7083	365	27	i	i	PROPN
ejge-7083	365	28	)	)	PUNCT
ejge-7083	365	29	when	when	SCONJ
ejge-7083	365	30	the	the	DET
ejge-7083	365	31	euribor	euribor	NOUN
ejge-7083	365	32	is	be	AUX
ejge-7083	365	33	positive	positive	ADJ
ejge-7083	365	34	,	,	PUNCT
ejge-7083	365	35	and	and	CCONJ
ejge-7083	365	36	ii	ii	NOUN
ejge-7083	365	37	)	)	PUNCT
ejge-7083	365	38	when	when	SCONJ
ejge-7083	365	39	david	david	PROPN
ejge-7083	365	40	boto	boto	PROPN
ejge-7083	365	41	-	-	PUNCT
ejge-7083	365	42	garcía	garcía	VERB
ejge-7083	365	43	et	et	PROPN
ejge-7083	365	44	al	al	PROPN
ejge-7083	365	45	.	.	PUNCT
ejge-7083	365	46	/	/	SYM
ejge-7083	365	47	european	european	PROPN
ejge-7083	365	48	journal	journal	PROPN
ejge-7083	365	49	of	of	ADP
ejge-7083	365	50	government	government	NOUN
ejge-7083	365	51	and	and	CCONJ
ejge-7083	365	52	economics	economic	NOUN
ejge-7083	365	53	10(1	10(1	NUM
ejge-7083	365	54	)	)	PUNCT
ejge-7083	365	55	,	,	PUNCT
ejge-7083	365	56	june	june	PROPN
ejge-7083	365	57	2021	2021	NUM
ejge-7083	365	58	,	,	PUNCT
ejge-7083	365	59	5	5	NUM
ejge-7083	365	60	-	-	SYM
ejge-7083	365	61	29	29	NUM
ejge-7083	365	62	22	22	NUM
ejge-7083	365	63	the	the	DET
ejge-7083	365	64	euribor	euribor	NOUN
ejge-7083	365	65	is	be	AUX
ejge-7083	365	66	above	above	ADP
ejge-7083	365	67	the	the	DET
ejge-7083	365	68	study	study	NOUN
ejge-7083	365	69	period	period	NOUN
ejge-7083	365	70	mean	mean	VERB
ejge-7083	365	71	.	.	PUNCT
ejge-7083	366	1	indeed	indeed	ADV
ejge-7083	366	2	,	,	PUNCT
ejge-7083	366	3	in	in	ADP
ejge-7083	366	4	the	the	DET
ejge-7083	366	5	latter	latter	ADJ
ejge-7083	366	6	case	case	NOUN
ejge-7083	366	7	the	the	DET
ejge-7083	366	8	overall	overall	ADJ
ejge-7083	366	9	effect	effect	NOUN
ejge-7083	366	10	is	be	AUX
ejge-7083	366	11	even	even	ADV
ejge-7083	366	12	positive	positive	ADJ
ejge-7083	366	13	.	.	PUNCT
ejge-7083	367	1	this	this	PRON
ejge-7083	367	2	tentatively	tentatively	ADV
ejge-7083	367	3	suggests	suggest	VERB
ejge-7083	367	4	that	that	SCONJ
ejge-7083	367	5	the	the	DET
ejge-7083	367	6	detected	detect	VERB
ejge-7083	367	7	negative	negative	ADJ
ejge-7083	367	8	effect	effect	NOUN
ejge-7083	367	9	of	of	ADP
ejge-7083	367	10	euribor	euribor	NOUN
ejge-7083	367	11	on	on	ADP
ejge-7083	367	12	roaa	roaa	PROPN
ejge-7083	367	13	mainly	mainly	ADV
ejge-7083	367	14	holds	hold	VERB
ejge-7083	367	15	at	at	ADP
ejge-7083	367	16	low	low	ADJ
ejge-7083	367	17	levels	level	NOUN
ejge-7083	367	18	.	.	PUNCT
ejge-7083	368	1	put	put	VERB
ejge-7083	368	2	another	another	DET
ejge-7083	368	3	way	way	NOUN
ejge-7083	368	4	,	,	PUNCT
ejge-7083	368	5	drops	drop	VERB
ejge-7083	368	6	in	in	ADP
ejge-7083	368	7	the	the	DET
ejge-7083	368	8	12	12	NUM
ejge-7083	368	9	-	-	PUNCT
ejge-7083	368	10	month	month	NOUN
ejge-7083	368	11	euribor	euribor	PROPN
ejge-7083	368	12	rate	rate	NOUN
ejge-7083	368	13	conditional	conditional	ADJ
ejge-7083	368	14	on	on	ADP
ejge-7083	368	15	10y_sb	10y_sb	NUM
ejge-7083	368	16	(	(	PUNCT
ejge-7083	368	17	i.e.	i.e.	X
ejge-7083	368	18	rises	rise	NOUN
ejge-7083	368	19	in	in	ADP
ejge-7083	368	20	the	the	DET
ejge-7083	368	21	slope	slope	NOUN
ejge-7083	368	22	of	of	ADP
ejge-7083	368	23	the	the	DET
ejge-7083	368	24	yield	yield	NOUN
ejge-7083	368	25	curve	curve	NOUN
ejge-7083	368	26	)	)	PUNCT
ejge-7083	368	27	positively	positively	ADV
ejge-7083	368	28	affect	affect	VERB
ejge-7083	368	29	the	the	DET
ejge-7083	368	30	sector	sector	NOUN
ejge-7083	368	31	's	's	PART
ejge-7083	368	32	profitability	profitability	NOUN
ejge-7083	368	33	at	at	ADP
ejge-7083	368	34	low	low	ADJ
ejge-7083	368	35	levels	level	NOUN
ejge-7083	368	36	but	but	CCONJ
ejge-7083	368	37	are	be	AUX
ejge-7083	368	38	negligible	negligible	ADJ
ejge-7083	368	39	at	at	ADP
ejge-7083	368	40	high	high	ADJ
ejge-7083	368	41	levels	level	NOUN
ejge-7083	368	42	.	.	PUNCT
ejge-7083	369	1	this	this	PRON
ejge-7083	369	2	is	be	AUX
ejge-7083	369	3	consistent	consistent	ADJ
ejge-7083	369	4	with	with	ADP
ejge-7083	369	5	evidence	evidence	NOUN
ejge-7083	369	6	presented	present	VERB
ejge-7083	369	7	in	in	ADP
ejge-7083	369	8	borio	borio	PROPN
ejge-7083	369	9	et	et	PROPN
ejge-7083	369	10	al	al	PROPN
ejge-7083	369	11	.	.	PROPN
ejge-7083	370	1	(	(	PUNCT
ejge-7083	370	2	2017	2017	NUM
ejge-7083	370	3	)	)	PUNCT
ejge-7083	370	4	,	,	PUNCT
ejge-7083	370	5	cruz	cruz	PROPN
ejge-7083	370	6	-	-	PUNCT
ejge-7083	370	7	garcia	garcia	PROPN
ejge-7083	370	8	et	et	PROPN
ejge-7083	370	9	al	al	PROPN
ejge-7083	370	10	.	.	PROPN
ejge-7083	371	1	(	(	PUNCT
ejge-7083	371	2	2018	2018	NUM
ejge-7083	371	3	)	)	PUNCT
ejge-7083	371	4	and	and	CCONJ
ejge-7083	371	5	pérez	pérez	NOUN
ejge-7083	371	6	-	-	PUNCT
ejge-7083	371	7	montes	monte	NOUN
ejge-7083	371	8	and	and	CCONJ
ejge-7083	371	9	ferrer	ferrer	NOUN
ejge-7083	371	10	-	-	NOUN
ejge-7083	371	11	pérez	pérez	NOUN
ejge-7083	371	12	(	(	PUNCT
ejge-7083	371	13	2018	2018	NUM
ejge-7083	371	14	)	)	PUNCT
ejge-7083	371	15	.	.	PUNCT
ejge-7083	372	1	5	5	X
ejge-7083	372	2	.	.	X
ejge-7083	372	3	conclusions	conclusion	NOUN
ejge-7083	372	4	this	this	DET
ejge-7083	372	5	study	study	NOUN
ejge-7083	372	6	contributes	contribute	VERB
ejge-7083	372	7	to	to	ADP
ejge-7083	372	8	the	the	DET
ejge-7083	372	9	literature	literature	NOUN
ejge-7083	372	10	by	by	ADP
ejge-7083	372	11	uncovering	uncover	VERB
ejge-7083	372	12	the	the	DET
ejge-7083	372	13	relationship	relationship	NOUN
ejge-7083	372	14	between	between	ADP
ejge-7083	372	15	euribor	euribor	PROPN
ejge-7083	372	16	interest	interest	NOUN
ejge-7083	372	17	rate	rate	NOUN
ejge-7083	372	18	and	and	CCONJ
ejge-7083	372	19	the	the	DET
ejge-7083	372	20	banking	banking	NOUN
ejge-7083	372	21	sector	sector	NOUN
ejge-7083	372	22	's	's	PART
ejge-7083	372	23	average	average	ADJ
ejge-7083	372	24	returns	return	NOUN
ejge-7083	372	25	.	.	PUNCT
ejge-7083	373	1	a	a	DET
ejge-7083	373	2	time	time	NOUN
ejge-7083	373	3	series	series	PROPN
ejge-7083	373	4	regression	regression	NOUN
ejge-7083	373	5	model	model	NOUN
ejge-7083	373	6	with	with	ADP
ejge-7083	373	7	quarterly	quarterly	ADJ
ejge-7083	373	8	data	datum	NOUN
ejge-7083	373	9	is	be	AUX
ejge-7083	373	10	specified	specify	VERB
ejge-7083	373	11	where	where	SCONJ
ejge-7083	373	12	the	the	DET
ejge-7083	373	13	return	return	NOUN
ejge-7083	373	14	on	on	ADP
ejge-7083	373	15	average	average	ADJ
ejge-7083	373	16	assets	asset	NOUN
ejge-7083	373	17	(	(	PUNCT
ejge-7083	373	18	roaa	roaa	PROPN
ejge-7083	373	19	)	)	PUNCT
ejge-7083	373	20	is	be	AUX
ejge-7083	373	21	explained	explain	VERB
ejge-7083	373	22	by	by	ADP
ejge-7083	373	23	banking	banking	NOUN
ejge-7083	373	24	factors	factor	NOUN
ejge-7083	373	25	,	,	PUNCT
ejge-7083	373	26	gdp	gdp	NOUN
ejge-7083	373	27	,	,	PUNCT
ejge-7083	373	28	indicators	indicator	NOUN
ejge-7083	373	29	of	of	ADP
ejge-7083	373	30	market	market	NOUN
ejge-7083	373	31	concentration	concentration	NOUN
ejge-7083	373	32	and	and	CCONJ
ejge-7083	373	33	time	time	NOUN
ejge-7083	373	34	effects	effect	NOUN
ejge-7083	373	35	.	.	PUNCT
ejge-7083	374	1	the	the	DET
ejge-7083	374	2	main	main	ADJ
ejge-7083	374	3	purpose	purpose	NOUN
ejge-7083	374	4	is	be	AUX
ejge-7083	374	5	to	to	PART
ejge-7083	374	6	study	study	VERB
ejge-7083	374	7	how	how	SCONJ
ejge-7083	374	8	roaa	roaa	VERB
ejge-7083	374	9	varies	vary	VERB
ejge-7083	374	10	with	with	ADP
ejge-7083	374	11	changes	change	NOUN
ejge-7083	374	12	in	in	ADP
ejge-7083	374	13	the	the	DET
ejge-7083	374	14	slope	slope	NOUN
ejge-7083	374	15	of	of	ADP
ejge-7083	374	16	the	the	DET
ejge-7083	374	17	yield	yield	NOUN
ejge-7083	374	18	curve	curve	NOUN
ejge-7083	374	19	,	,	PUNCT
ejge-7083	374	20	which	which	PRON
ejge-7083	374	21	is	be	AUX
ejge-7083	374	22	given	give	VERB
ejge-7083	374	23	by	by	ADP
ejge-7083	374	24	the	the	DET
ejge-7083	374	25	difference	difference	NOUN
ejge-7083	374	26	between	between	ADP
ejge-7083	374	27	the	the	DET
ejge-7083	374	28	10	10	NUM
ejge-7083	374	29	-	-	PUNCT
ejge-7083	374	30	year	year	NOUN
ejge-7083	374	31	sovereign	sovereign	ADJ
ejge-7083	374	32	bond	bond	NOUN
ejge-7083	374	33	yield	yield	NOUN
ejge-7083	374	34	and	and	CCONJ
ejge-7083	374	35	the	the	DET
ejge-7083	374	36	12	12	NUM
ejge-7083	374	37	-	-	PUNCT
ejge-7083	374	38	month	month	NOUN
ejge-7083	374	39	euribor	euribor	PROPN
ejge-7083	374	40	rate	rate	NOUN
ejge-7083	374	41	.	.	PUNCT
ejge-7083	375	1	focusing	focus	VERB
ejge-7083	375	2	on	on	ADP
ejge-7083	375	3	the	the	DET
ejge-7083	375	4	spanish	spanish	ADJ
ejge-7083	375	5	case	case	NOUN
ejge-7083	375	6	and	and	CCONJ
ejge-7083	375	7	considering	consider	VERB
ejge-7083	375	8	a	a	DET
ejge-7083	375	9	longer	long	ADJ
ejge-7083	375	10	time	time	NOUN
ejge-7083	375	11	span	span	NOUN
ejge-7083	375	12	than	than	ADP
ejge-7083	375	13	related	related	ADJ
ejge-7083	375	14	studies	study	NOUN
ejge-7083	375	15	(	(	PUNCT
ejge-7083	375	16	22	22	NUM
ejge-7083	375	17	years	year	NOUN
ejge-7083	375	18	)	)	PUNCT
ejge-7083	375	19	,	,	PUNCT
ejge-7083	375	20	a	a	DET
ejge-7083	375	21	novel	novel	ADJ
ejge-7083	375	22	aspect	aspect	NOUN
ejge-7083	375	23	of	of	ADP
ejge-7083	375	24	this	this	DET
ejge-7083	375	25	research	research	NOUN
ejge-7083	375	26	is	be	AUX
ejge-7083	375	27	that	that	SCONJ
ejge-7083	375	28	we	we	PRON
ejge-7083	375	29	distinguish	distinguish	VERB
ejge-7083	375	30	the	the	DET
ejge-7083	375	31	effect	effect	NOUN
ejge-7083	375	32	of	of	ADP
ejge-7083	375	33	variations	variation	NOUN
ejge-7083	375	34	in	in	ADP
ejge-7083	375	35	the	the	DET
ejge-7083	375	36	slope	slope	NOUN
ejge-7083	375	37	of	of	ADP
ejge-7083	375	38	the	the	DET
ejge-7083	375	39	yield	yield	NOUN
ejge-7083	375	40	curve	curve	NOUN
ejge-7083	375	41	depending	depend	VERB
ejge-7083	375	42	on	on	ADP
ejge-7083	375	43	whether	whether	SCONJ
ejge-7083	375	44	they	they	PRON
ejge-7083	375	45	stem	stem	VERB
ejge-7083	375	46	from	from	ADP
ejge-7083	375	47	the	the	DET
ejge-7083	375	48	long	long	ADJ
ejge-7083	375	49	or	or	CCONJ
ejge-7083	375	50	the	the	DET
ejge-7083	375	51	short	short	ADJ
ejge-7083	375	52	interest	interest	NOUN
ejge-7083	375	53	rate	rate	NOUN
ejge-7083	375	54	.	.	PUNCT
ejge-7083	376	1	when	when	SCONJ
ejge-7083	376	2	we	we	PRON
ejge-7083	376	3	specify	specify	VERB
ejge-7083	376	4	the	the	DET
ejge-7083	376	5	spread	spread	NOUN
ejge-7083	376	6	as	as	ADP
ejge-7083	376	7	a	a	DET
ejge-7083	376	8	single	single	ADJ
ejge-7083	376	9	regressor	regressor	NOUN
ejge-7083	376	10	,	,	PUNCT
ejge-7083	376	11	we	we	PRON
ejge-7083	376	12	do	do	AUX
ejge-7083	376	13	not	not	PART
ejge-7083	376	14	detect	detect	VERB
ejge-7083	376	15	a	a	DET
ejge-7083	376	16	significant	significant	ADJ
ejge-7083	376	17	relationship	relationship	NOUN
ejge-7083	376	18	with	with	ADP
ejge-7083	376	19	roaa	roaa	PROPN
ejge-7083	376	20	.	.	PUNCT
ejge-7083	377	1	however	however	ADV
ejge-7083	377	2	,	,	PUNCT
ejge-7083	377	3	when	when	SCONJ
ejge-7083	377	4	considering	consider	VERB
ejge-7083	377	5	both	both	DET
ejge-7083	377	6	rates	rate	NOUN
ejge-7083	377	7	in	in	ADP
ejge-7083	377	8	the	the	DET
ejge-7083	377	9	model	model	NOUN
ejge-7083	377	10	,	,	PUNCT
ejge-7083	377	11	we	we	PRON
ejge-7083	377	12	find	find	VERB
ejge-7083	377	13	that	that	SCONJ
ejge-7083	377	14	the	the	DET
ejge-7083	377	15	sector	sector	NOUN
ejge-7083	377	16	's	's	PART
ejge-7083	377	17	profitability	profitability	NOUN
ejge-7083	377	18	increases	increase	NOUN
ejge-7083	377	19	with	with	ADP
ejge-7083	377	20	the	the	DET
ejge-7083	377	21	long	long	ADJ
ejge-7083	377	22	-	-	PUNCT
ejge-7083	377	23	term	term	NOUN
ejge-7083	377	24	interest	interest	NOUN
ejge-7083	377	25	rate	rate	NOUN
ejge-7083	377	26	and	and	CCONJ
ejge-7083	377	27	decreases	decrease	NOUN
ejge-7083	377	28	with	with	ADP
ejge-7083	377	29	the	the	DET
ejge-7083	377	30	12	12	NUM
ejge-7083	377	31	-	-	PUNCT
ejge-7083	377	32	month	month	NOUN
ejge-7083	377	33	euribor	euribor	NOUN
ejge-7083	377	34	rate	rate	NOUN
ejge-7083	377	35	.	.	PUNCT
ejge-7083	378	1	because	because	SCONJ
ejge-7083	378	2	euribor	euribor	PROPN
ejge-7083	378	3	is	be	AUX
ejge-7083	378	4	a	a	DET
ejge-7083	378	5	reference	reference	NOUN
ejge-7083	378	6	for	for	ADP
ejge-7083	378	7	fixing	fix	VERB
ejge-7083	378	8	asset	asset	NOUN
ejge-7083	378	9	and	and	CCONJ
ejge-7083	378	10	liability	liability	NOUN
ejge-7083	378	11	interest	interest	NOUN
ejge-7083	378	12	rates	rate	NOUN
ejge-7083	378	13	,	,	PUNCT
ejge-7083	378	14	a	a	DET
ejge-7083	378	15	fall	fall	NOUN
ejge-7083	378	16	(	(	PUNCT
ejge-7083	378	17	increase	increase	NOUN
ejge-7083	378	18	)	)	PUNCT
ejge-7083	378	19	in	in	ADP
ejge-7083	378	20	this	this	DET
ejge-7083	378	21	rate	rate	NOUN
ejge-7083	378	22	increases	increase	NOUN
ejge-7083	378	23	(	(	PUNCT
ejge-7083	378	24	reduces	reduce	VERB
ejge-7083	378	25	)	)	PUNCT
ejge-7083	378	26	the	the	DET
ejge-7083	378	27	lending	lending	NOUN
ejge-7083	378	28	minus	minus	CCONJ
ejge-7083	378	29	deposit	deposit	NOUN
ejge-7083	378	30	spread	spread	NOUN
ejge-7083	378	31	,	,	PUNCT
ejge-7083	378	32	ceteris	ceteris	NOUN
ejge-7083	378	33	paribus	paribus	NOUN
ejge-7083	378	34	.	.	PUNCT
ejge-7083	379	1	this	this	DET
ejge-7083	379	2	negative	negative	ADJ
ejge-7083	379	3	relationship	relationship	NOUN
ejge-7083	379	4	appears	appear	VERB
ejge-7083	379	5	to	to	PART
ejge-7083	379	6	indicate	indicate	VERB
ejge-7083	379	7	that	that	SCONJ
ejge-7083	379	8	banks	bank	NOUN
ejge-7083	379	9	are	be	AUX
ejge-7083	379	10	able	able	ADJ
ejge-7083	379	11	to	to	PART
ejge-7083	379	12	take	take	VERB
ejge-7083	379	13	advantage	advantage	NOUN
ejge-7083	379	14	of	of	ADP
ejge-7083	379	15	the	the	DET
ejge-7083	379	16	possibility	possibility	NOUN
ejge-7083	379	17	of	of	ADP
ejge-7083	379	18	lowering	lower	VERB
ejge-7083	379	19	the	the	DET
ejge-7083	379	20	rates	rate	NOUN
ejge-7083	379	21	on	on	ADP
ejge-7083	379	22	deposits	deposit	NOUN
ejge-7083	379	23	faster	fast	ADV
ejge-7083	379	24	than	than	ADP
ejge-7083	379	25	those	those	PRON
ejge-7083	379	26	on	on	ADP
ejge-7083	379	27	loans	loan	NOUN
ejge-7083	379	28	.	.	PUNCT
ejge-7083	380	1	interestingly	interestingly	ADV
ejge-7083	380	2	,	,	PUNCT
ejge-7083	380	3	we	we	PRON
ejge-7083	380	4	also	also	ADV
ejge-7083	380	5	find	find	VERB
ejge-7083	380	6	that	that	SCONJ
ejge-7083	380	7	the	the	DET
ejge-7083	380	8	negative	negative	ADJ
ejge-7083	380	9	effect	effect	NOUN
ejge-7083	380	10	of	of	ADP
ejge-7083	380	11	the	the	DET
ejge-7083	380	12	euribor	euribor	NOUN
ejge-7083	380	13	is	be	AUX
ejge-7083	380	14	moderated	moderate	VERB
ejge-7083	380	15	when	when	SCONJ
ejge-7083	380	16	this	this	DET
ejge-7083	380	17	rate	rate	NOUN
ejge-7083	380	18	is	be	AUX
ejge-7083	380	19	positive	positive	ADJ
ejge-7083	380	20	and	and	CCONJ
ejge-7083	380	21	above	above	ADP
ejge-7083	380	22	its	its	PRON
ejge-7083	380	23	mean	mean	NOUN
ejge-7083	380	24	.	.	PUNCT
ejge-7083	381	1	this	this	PRON
ejge-7083	381	2	suggests	suggest	VERB
ejge-7083	381	3	that	that	SCONJ
ejge-7083	381	4	the	the	DET
ejge-7083	381	5	negative	negative	ADJ
ejge-7083	381	6	relationship	relationship	NOUN
ejge-7083	381	7	encountered	encounter	VERB
ejge-7083	381	8	mainly	mainly	ADV
ejge-7083	381	9	holds	hold	VERB
ejge-7083	381	10	at	at	ADP
ejge-7083	381	11	low	low	ADJ
ejge-7083	381	12	levels	level	NOUN
ejge-7083	381	13	of	of	ADP
ejge-7083	381	14	euribor	euribor	PROPN
ejge-7083	381	15	.	.	PUNCT
ejge-7083	382	1	the	the	DET
ejge-7083	382	2	results	result	NOUN
ejge-7083	382	3	also	also	ADV
ejge-7083	382	4	indicate	indicate	VERB
ejge-7083	382	5	that	that	SCONJ
ejge-7083	382	6	roaa	roaa	NOUN
ejge-7083	382	7	is	be	AUX
ejge-7083	382	8	positively	positively	ADV
ejge-7083	382	9	related	relate	VERB
ejge-7083	382	10	to	to	ADP
ejge-7083	382	11	the	the	DET
ejge-7083	382	12	stock	stock	NOUN
ejge-7083	382	13	of	of	ADP
ejge-7083	382	14	performing	perform	VERB
ejge-7083	382	15	loans	loan	NOUN
ejge-7083	382	16	and	and	CCONJ
ejge-7083	382	17	gdp	gdp	NOUN
ejge-7083	382	18	,	,	PUNCT
ejge-7083	382	19	as	as	SCONJ
ejge-7083	382	20	expected	expect	VERB
ejge-7083	382	21	.	.	PUNCT
ejge-7083	383	1	we	we	PRON
ejge-7083	383	2	do	do	AUX
ejge-7083	383	3	not	not	PART
ejge-7083	383	4	find	find	VERB
ejge-7083	383	5	evidence	evidence	NOUN
ejge-7083	383	6	that	that	SCONJ
ejge-7083	383	7	market	market	NOUN
ejge-7083	383	8	concentration	concentration	NOUN
ejge-7083	383	9	exerts	exert	VERB
ejge-7083	383	10	a	a	DET
ejge-7083	383	11	significant	significant	ADJ
ejge-7083	383	12	effect	effect	NOUN
ejge-7083	383	13	on	on	ADP
ejge-7083	383	14	profitability	profitability	NOUN
ejge-7083	383	15	,	,	PUNCT
ejge-7083	383	16	on	on	ADP
ejge-7083	383	17	average	average	ADJ
ejge-7083	383	18	,	,	PUNCT
ejge-7083	383	19	but	but	CCONJ
ejge-7083	383	20	we	we	PRON
ejge-7083	383	21	document	document	VERB
ejge-7083	383	22	that	that	SCONJ
ejge-7083	383	23	the	the	DET
ejge-7083	383	24	intense	intense	ADJ
ejge-7083	383	25	merging	merging	NOUN
ejge-7083	383	26	process	process	NOUN
ejge-7083	383	27	that	that	PRON
ejge-7083	383	28	took	take	VERB
ejge-7083	383	29	place	place	NOUN
ejge-7083	383	30	after	after	ADP
ejge-7083	383	31	2012	2012	NUM
ejge-7083	383	32	is	be	AUX
ejge-7083	383	33	associated	associate	VERB
ejge-7083	383	34	with	with	ADP
ejge-7083	383	35	a	a	DET
ejge-7083	383	36	lower	low	ADJ
ejge-7083	383	37	sector	sector	NOUN
ejge-7083	383	38	's	's	PART
ejge-7083	383	39	profitability	profitability	NOUN
ejge-7083	383	40	(	(	PUNCT
ejge-7083	383	41	at	at	ADP
ejge-7083	383	42	least	least	ADJ
ejge-7083	383	43	in	in	ADP
ejge-7083	383	44	the	the	DET
ejge-7083	383	45	short	short	ADJ
ejge-7083	383	46	run	run	NOUN
ejge-7083	383	47	)	)	PUNCT
ejge-7083	383	48	.	.	PUNCT
ejge-7083	384	1	the	the	DET
ejge-7083	384	2	greater	great	ADJ
ejge-7083	384	3	market	market	NOUN
ejge-7083	384	4	concentration	concentration	NOUN
ejge-7083	384	5	has	have	VERB
ejge-7083	384	6	potentially	potentially	ADV
ejge-7083	384	7	increased	increase	VERB
ejge-7083	384	8	competition	competition	NOUN
ejge-7083	384	9	due	due	ADP
ejge-7083	384	10	to	to	ADP
ejge-7083	384	11	the	the	DET
ejge-7083	384	12	drop	drop	NOUN
ejge-7083	384	13	in	in	ADP
ejge-7083	384	14	customer	customer	NOUN
ejge-7083	384	15	search	search	NOUN
ejge-7083	384	16	costs	cost	NOUN
ejge-7083	384	17	.	.	PUNCT
ejge-7083	385	1	aknowledgements	aknowledgement	VERB
ejge-7083	385	2	the	the	DET
ejge-7083	385	3	authors	author	NOUN
ejge-7083	385	4	wish	wish	VERB
ejge-7083	385	5	to	to	PART
ejge-7083	385	6	thank	thank	VERB
ejge-7083	385	7	helpful	helpful	ADJ
ejge-7083	385	8	comments	comment	NOUN
ejge-7083	385	9	and	and	CCONJ
ejge-7083	385	10	suggestions	suggestion	NOUN
ejge-7083	385	11	received	receive	VERB
ejge-7083	385	12	from	from	ADP
ejge-7083	385	13	alejandro	alejandro	PROPN
ejge-7083	385	14	fernández	fernández	PROPN
ejge-7083	385	15	-	-	PUNCT
ejge-7083	385	16	cerezo	cerezo	PROPN
ejge-7083	385	17	,	,	PUNCT
ejge-7083	385	18	enrique	enrique	PROPN
ejge-7083	385	19	moral	moral	PROPN
ejge-7083	385	20	-	-	PUNCT
ejge-7083	385	21	benito	benito	PROPN
ejge-7083	385	22	and	and	CCONJ
ejge-7083	385	23	two	two	NUM
ejge-7083	385	24	anonymous	anonymous	ADJ
ejge-7083	385	25	referees	referee	NOUN
ejge-7083	385	26	.	.	PUNCT
ejge-7083	386	1	david	david	PROPN
ejge-7083	386	2	boto	boto	PROPN
ejge-7083	386	3	-	-	PUNCT
ejge-7083	386	4	garcía	garcía	VERB
ejge-7083	386	5	et	et	PROPN
ejge-7083	386	6	al	al	PROPN
ejge-7083	386	7	.	.	PUNCT
ejge-7083	386	8	/	/	SYM
ejge-7083	386	9	european	european	PROPN
ejge-7083	386	10	journal	journal	PROPN
ejge-7083	386	11	of	of	ADP
ejge-7083	386	12	government	government	NOUN
ejge-7083	386	13	and	and	CCONJ
ejge-7083	386	14	economics	economic	NOUN
ejge-7083	386	15	10(1	10(1	NUM
ejge-7083	386	16	)	)	PUNCT
ejge-7083	386	17	,	,	PUNCT
ejge-7083	386	18	june	june	PROPN
ejge-7083	386	19	2021	2021	NUM
ejge-7083	386	20	,	,	PUNCT
ejge-7083	386	21	5	5	NUM
ejge-7083	386	22	-	-	SYM
ejge-7083	386	23	29	29	NUM
ejge-7083	386	24	23	23	NUM
ejge-7083	386	25	references	reference	NOUN
ejge-7083	386	26	albertazzi	albertazzi	VERB
ejge-7083	386	27	,	,	PUNCT
ejge-7083	386	28	u.	u.	NOUN
ejge-7083	386	29	,	,	PUNCT
ejge-7083	386	30	gambacorta	gambacorta	PROPN
ejge-7083	386	31	,	,	PUNCT
ejge-7083	386	32	l.	l.	PROPN
ejge-7083	386	33	(	(	PUNCT
ejge-7083	386	34	2009	2009	NUM
ejge-7083	386	35	)	)	PUNCT
ejge-7083	386	36	.	.	PUNCT
ejge-7083	387	1	bank	bank	NOUN
ejge-7083	387	2	profitability	profitability	NOUN
ejge-7083	387	3	and	and	CCONJ
ejge-7083	387	4	the	the	DET
ejge-7083	387	5	business	business	NOUN
ejge-7083	387	6	cycle	cycle	NOUN
ejge-7083	387	7	.	.	PUNCT
ejge-7083	388	1	journal	journal	NOUN
ejge-7083	388	2	of	of	ADP
ejge-7083	388	3	financial	financial	ADJ
ejge-7083	388	4	stability	stability	NOUN
ejge-7083	388	5	5	5	NUM
ejge-7083	388	6	:	:	PUNCT
ejge-7083	388	7	393	393	NUM
ejge-7083	388	8	-	-	SYM
ejge-7083	388	9	409	409	NUM
ejge-7083	388	10	.	.	PUNCT
ejge-7083	389	1	https://doi.org/10.1016/j.jfs.2008.10.002	https://doi.org/10.1016/j.jfs.2008.10.002	PROPN
ejge-7083	389	2	alessandri	alessandri	PROPN
ejge-7083	389	3	,	,	PUNCT
ejge-7083	389	4	p.	p.	PROPN
ejge-7083	389	5	,	,	PUNCT
ejge-7083	389	6	nelson	nelson	PROPN
ejge-7083	389	7	,	,	PUNCT
ejge-7083	389	8	b.d	b.d	PROPN
ejge-7083	389	9	.	.	PROPN
ejge-7083	389	10	(	(	PUNCT
ejge-7083	389	11	2015	2015	NUM
ejge-7083	389	12	)	)	PUNCT
ejge-7083	389	13	.	.	PUNCT
ejge-7083	390	1	simple	simple	ADJ
ejge-7083	390	2	banking	banking	NOUN
ejge-7083	390	3	,	,	PUNCT
ejge-7083	390	4	profitability	profitability	NOUN
ejge-7083	390	5	and	and	CCONJ
ejge-7083	390	6	the	the	DET
ejge-7083	390	7	yield	yield	NOUN
ejge-7083	390	8	curve	curve	NOUN
ejge-7083	390	9	.	.	PUNCT
ejge-7083	391	1	journal	journal	NOUN
ejge-7083	391	2	of	of	ADP
ejge-7083	391	3	money	money	NOUN
ejge-7083	391	4	,	,	PUNCT
ejge-7083	391	5	credit	credit	NOUN
ejge-7083	391	6	and	and	CCONJ
ejge-7083	391	7	banking	banking	NOUN
ejge-7083	391	8	471	471	NUM
ejge-7083	391	9	:	:	PUNCT
ejge-7083	391	10	143	143	NUM
ejge-7083	391	11	-	-	SYM
ejge-7083	391	12	175	175	NUM
ejge-7083	391	13	.	.	PUNCT
ejge-7083	392	1	https://doi.org/10.1111/jmcb.12172	https://doi.org/10.1111/jmcb.12172	PROPN
ejge-7083	392	2	almeida	almeida	PROPN
ejge-7083	392	3	,	,	PUNCT
ejge-7083	392	4	f.d	f.d	PROPN
ejge-7083	392	5	.	.	PROPN
ejge-7083	392	6	,	,	PUNCT
ejge-7083	392	7	divino	divino	PROPN
ejge-7083	392	8	,	,	PUNCT
ejge-7083	392	9	j.a	j.a	PROPN
ejge-7083	392	10	.	.	PROPN
ejge-7083	392	11	(	(	PUNCT
ejge-7083	392	12	2015	2015	NUM
ejge-7083	392	13	)	)	PUNCT
ejge-7083	392	14	.	.	PUNCT
ejge-7083	393	1	determinants	determinant	NOUN
ejge-7083	393	2	of	of	ADP
ejge-7083	393	3	the	the	DET
ejge-7083	393	4	banking	banking	NOUN
ejge-7083	393	5	spread	spread	VERB
ejge-7083	393	6	in	in	ADP
ejge-7083	393	7	the	the	DET
ejge-7083	393	8	brazilian	brazilian	ADJ
ejge-7083	393	9	economy	economy	NOUN
ejge-7083	393	10	,	,	PUNCT
ejge-7083	393	11	the	the	DET
ejge-7083	393	12	role	role	NOUN
ejge-7083	393	13	of	of	ADP
ejge-7083	393	14	micro	micro	ADJ
ejge-7083	393	15	and	and	CCONJ
ejge-7083	393	16	macroeconomic	macroeconomic	ADJ
ejge-7083	393	17	factors	factor	NOUN
ejge-7083	393	18	.	.	PUNCT
ejge-7083	394	1	international	international	ADJ
ejge-7083	394	2	review	review	NOUN
ejge-7083	394	3	of	of	ADP
ejge-7083	394	4	economics	economic	NOUN
ejge-7083	394	5	and	and	CCONJ
ejge-7083	394	6	finance	finance	NOUN
ejge-7083	394	7	40	40	NUM
ejge-7083	394	8	:	:	PUNCT
ejge-7083	394	9	29	29	NUM
ejge-7083	394	10	-	-	SYM
ejge-7083	394	11	39	39	NUM
ejge-7083	394	12	.	.	PUNCT
ejge-7083	395	1	https://doi.org/10.1016/j.iref.2015.02.003	https://doi.org/10.1016/j.iref.2015.02.003	NOUN
ejge-7083	395	2	altavilla	altavilla	NOUN
ejge-7083	395	3	,	,	PUNCT
ejge-7083	395	4	c.	c.	NOUN
ejge-7083	395	5	,	,	PUNCT
ejge-7083	395	6	boucinha	boucinha	NOUN
ejge-7083	395	7	,	,	PUNCT
ejge-7083	395	8	m.	m.	NOUN
ejge-7083	395	9	,	,	PUNCT
ejge-7083	395	10	peydró	peydró	PROPN
ejge-7083	395	11	,	,	PUNCT
ejge-7083	395	12	j.l	j.l	PROPN
ejge-7083	395	13	.	.	PROPN
ejge-7083	395	14	(	(	PUNCT
ejge-7083	395	15	2018	2018	NUM
ejge-7083	395	16	)	)	PUNCT
ejge-7083	395	17	.	.	PUNCT
ejge-7083	396	1	monetary	monetary	ADJ
ejge-7083	396	2	policy	policy	NOUN
ejge-7083	396	3	and	and	CCONJ
ejge-7083	396	4	bank	bank	NOUN
ejge-7083	396	5	profitability	profitability	NOUN
ejge-7083	396	6	in	in	ADP
ejge-7083	396	7	a	a	DET
ejge-7083	396	8	low	low	ADJ
ejge-7083	396	9	interest	interest	NOUN
ejge-7083	396	10	rate	rate	NOUN
ejge-7083	396	11	environment	environment	NOUN
ejge-7083	396	12	.	.	PUNCT
ejge-7083	397	1	economic	economic	ADJ
ejge-7083	397	2	policy	policy	NOUN
ejge-7083	397	3	33(96	33(96	NUM
ejge-7083	397	4	):	):	PUNCT
ejge-7083	397	5	531	531	NUM
ejge-7083	397	6	-	-	SYM
ejge-7083	397	7	586	586	NUM
ejge-7083	397	8	.	.	PUNCT
ejge-7083	398	1	https://doi.org/10.1093/epolic/eiy013	https://doi.org/10.1093/epolic/eiy013	PROPN
ejge-7083	398	2	alvarez	alvarez	PROPN
ejge-7083	398	3	,	,	PUNCT
ejge-7083	398	4	a.	a.	PROPN
ejge-7083	398	5	,	,	PUNCT
ejge-7083	398	6	fernández	fernández	PROPN
ejge-7083	398	7	,	,	PUNCT
ejge-7083	398	8	a.	a.	NOUN
ejge-7083	398	9	,	,	PUNCT
ejge-7083	398	10	garcia	garcia	PROPN
ejge-7083	398	11	-	-	PUNCT
ejge-7083	398	12	cabo	cabo	NOUN
ejge-7083	398	13	,	,	PUNCT
ejge-7083	398	14	j.	j.	PROPN
ejge-7083	398	15	,	,	PUNCT
ejge-7083	398	16	posada	posada	PROPN
ejge-7083	398	17	,	,	PUNCT
ejge-7083	398	18	d.	d.	PROPN
ejge-7083	398	19	(	(	PUNCT
ejge-7083	398	20	2019	2019	NUM
ejge-7083	398	21	)	)	PUNCT
ejge-7083	398	22	.	.	PUNCT
ejge-7083	399	1	liquidity	liquidity	NOUN
ejge-7083	399	2	funding	funding	NOUN
ejge-7083	399	3	shocks	shock	VERB
ejge-7083	399	4	:	:	PUNCT
ejge-7083	399	5	the	the	DET
ejge-7083	399	6	role	role	NOUN
ejge-7083	399	7	of	of	ADP
ejge-7083	399	8	banks	bank	NOUN
ejge-7083	399	9	'	'	PART
ejge-7083	399	10	funding	funding	NOUN
ejge-7083	399	11	mix	mix	NOUN
ejge-7083	399	12	.	.	PUNCT
ejge-7083	400	1	journal	journal	NOUN
ejge-7083	400	2	of	of	ADP
ejge-7083	400	3	financial	financial	ADJ
ejge-7083	400	4	services	service	NOUN
ejge-7083	400	5	research	research	VERB
ejge-7083	400	6	55	55	NUM
ejge-7083	400	7	:	:	PUNCT
ejge-7083	400	8	167	167	NUM
ejge-7083	400	9	-	-	SYM
ejge-7083	400	10	190	190	NUM
ejge-7083	400	11	.	.	PUNCT
ejge-7083	401	1	https://doi.org/10.1007/s10693-019-00314-8	https://doi.org/10.1007/s10693-019-00314-8	PROPN
ejge-7083	401	2	athanasoglou	athanasoglou	PROPN
ejge-7083	401	3	,	,	PUNCT
ejge-7083	401	4	p.p	p.p	PROPN
ejge-7083	401	5	.	.	PROPN
ejge-7083	401	6	,	,	PUNCT
ejge-7083	401	7	brissimis	brissimis	PROPN
ejge-7083	401	8	,	,	PUNCT
ejge-7083	401	9	s.n	s.n	PROPN
ejge-7083	401	10	.	.	PROPN
ejge-7083	401	11	,	,	PUNCT
ejge-7083	401	12	delis	deli	NOUN
ejge-7083	401	13	,	,	PUNCT
ejge-7083	401	14	m.d	m.d	PROPN
ejge-7083	401	15	.	.	PROPN
ejge-7083	401	16	(	(	PUNCT
ejge-7083	401	17	2008	2008	NUM
ejge-7083	401	18	)	)	PUNCT
ejge-7083	401	19	.	.	PUNCT
ejge-7083	402	1	bank	bank	NOUN
ejge-7083	402	2	-	-	PUNCT
ejge-7083	402	3	specific	specific	ADJ
ejge-7083	402	4	,	,	PUNCT
ejge-7083	402	5	industry	industry	NOUN
ejge-7083	402	6	-	-	PUNCT
ejge-7083	402	7	specific	specific	ADJ
ejge-7083	402	8	and	and	CCONJ
ejge-7083	402	9	macroeconomic	macroeconomic	ADJ
ejge-7083	402	10	determinants	determinant	NOUN
ejge-7083	402	11	of	of	ADP
ejge-7083	402	12	bank	bank	NOUN
ejge-7083	402	13	profitability	profitability	NOUN
ejge-7083	402	14	.	.	PUNCT
ejge-7083	403	1	journal	journal	PROPN
ejge-7083	403	2	of	of	ADP
ejge-7083	403	3	international	international	ADJ
ejge-7083	403	4	financial	financial	ADJ
ejge-7083	403	5	markets	market	NOUN
ejge-7083	403	6	institutions	institution	NOUN
ejge-7083	403	7	and	and	CCONJ
ejge-7083	403	8	money	money	NOUN
ejge-7083	403	9	18	18	NUM
ejge-7083	403	10	:	:	SYM
ejge-7083	403	11	121	121	NUM
ejge-7083	403	12	-	-	SYM
ejge-7083	403	13	136	136	NUM
ejge-7083	403	14	.	.	PUNCT
ejge-7083	404	1	https://doi.org/10.1016/j.intfin.2006.07.001	https://doi.org/10.1016/j.intfin.2006.07.001	ADJ
ejge-7083	404	2	bikker	bikker	PROPN
ejge-7083	404	3	,	,	PUNCT
ejge-7083	404	4	j.a	j.a	PROPN
ejge-7083	404	5	.	.	PROPN
ejge-7083	404	6	,	,	PUNCT
ejge-7083	404	7	vervliet	vervliet	PROPN
ejge-7083	404	8	,	,	PUNCT
ejge-7083	404	9	t.m	t.m	PROPN
ejge-7083	404	10	.	.	PROPN
ejge-7083	404	11	(	(	PUNCT
ejge-7083	404	12	2018	2018	NUM
ejge-7083	404	13	)	)	PUNCT
ejge-7083	404	14	.	.	PUNCT
ejge-7083	405	1	bank	bank	NOUN
ejge-7083	405	2	profitability	profitability	NOUN
ejge-7083	405	3	and	and	CCONJ
ejge-7083	405	4	risk	risk	NOUN
ejge-7083	405	5	-	-	PUNCT
ejge-7083	405	6	taking	taking	NOUN
ejge-7083	405	7	under	under	ADP
ejge-7083	405	8	low	low	ADJ
ejge-7083	405	9	interest	interest	NOUN
ejge-7083	405	10	rates	rate	NOUN
ejge-7083	405	11	.	.	PUNCT
ejge-7083	406	1	international	international	ADJ
ejge-7083	406	2	journal	journal	PROPN
ejge-7083	406	3	of	of	ADP
ejge-7083	406	4	finance	finance	PROPN
ejge-7083	406	5	&	&	CCONJ
ejge-7083	406	6	economics	economic	NOUN
ejge-7083	406	7	23	23	NUM
ejge-7083	406	8	:	:	PUNCT
ejge-7083	406	9	3	3	NUM
ejge-7083	406	10	-	-	SYM
ejge-7083	406	11	18	18	NUM
ejge-7083	406	12	.	.	PUNCT
ejge-7083	407	1	https://doi.org/10.1002/ijfe.1595	https://doi.org/10.1002/ijfe.1595	PROPN
ejge-7083	407	2	bolt	bolt	PROPN
ejge-7083	407	3	,	,	PUNCT
ejge-7083	407	4	w.	w.	PROPN
ejge-7083	407	5	,	,	PUNCT
ejge-7083	407	6	de	de	PROPN
ejge-7083	407	7	haan	haan	PROPN
ejge-7083	407	8	,	,	PUNCT
ejge-7083	407	9	l.	l.	PROPN
ejge-7083	407	10	,	,	PUNCT
ejge-7083	407	11	hoeberichts	hoebericht	NOUN
ejge-7083	407	12	,	,	PUNCT
ejge-7083	407	13	m.	m.	NOUN
ejge-7083	407	14	,	,	PUNCT
ejge-7083	407	15	van	van	PROPN
ejge-7083	407	16	oordt	oordt	PROPN
ejge-7083	407	17	,	,	PUNCT
ejge-7083	407	18	m.r.c	m.r.c	NOUN
ejge-7083	407	19	.	.	PROPN
ejge-7083	407	20	,	,	PUNCT
ejge-7083	407	21	swank	swank	PROPN
ejge-7083	407	22	,	,	PUNCT
ejge-7083	407	23	j.	j.	PROPN
ejge-7083	407	24	(	(	PUNCT
ejge-7083	407	25	2012	2012	NUM
ejge-7083	407	26	)	)	PUNCT
ejge-7083	407	27	.	.	PUNCT
ejge-7083	408	1	bank	bank	NOUN
ejge-7083	408	2	profitability	profitability	NOUN
ejge-7083	408	3	during	during	ADP
ejge-7083	408	4	recessions	recession	NOUN
ejge-7083	408	5	.	.	PUNCT
ejge-7083	409	1	journal	journal	NOUN
ejge-7083	409	2	of	of	ADP
ejge-7083	409	3	banking	banking	NOUN
ejge-7083	409	4	and	and	CCONJ
ejge-7083	409	5	finance	finance	NOUN
ejge-7083	409	6	36	36	NUM
ejge-7083	409	7	:	:	PUNCT
ejge-7083	409	8	2552	2552	NUM
ejge-7083	409	9	-	-	SYM
ejge-7083	409	10	2564	2564	NUM
ejge-7083	409	11	.	.	PUNCT
ejge-7083	410	1	https://doi.org/10.1016/j.jbankfin.2012.05.011	https://doi.org/10.1016/j.jbankfin.2012.05.011	NUM
ejge-7083	410	2	borio	borio	NOUN
ejge-7083	410	3	,	,	PUNCT
ejge-7083	410	4	c.	c.	PROPN
ejge-7083	410	5	&	&	CCONJ
ejge-7083	410	6	gambacorta	gambacorta	PROPN
ejge-7083	410	7	,	,	PUNCT
ejge-7083	410	8	l.	l.	PROPN
ejge-7083	410	9	(	(	PUNCT
ejge-7083	410	10	2017	2017	NUM
ejge-7083	410	11	)	)	PUNCT
ejge-7083	410	12	.	.	PUNCT
ejge-7083	411	1	monetary	monetary	ADJ
ejge-7083	411	2	policy	policy	NOUN
ejge-7083	411	3	and	and	CCONJ
ejge-7083	411	4	bank	bank	NOUN
ejge-7083	411	5	lending	lending	NOUN
ejge-7083	411	6	in	in	ADP
ejge-7083	411	7	a	a	DET
ejge-7083	411	8	low	low	ADJ
ejge-7083	411	9	interest	interest	NOUN
ejge-7083	411	10	rate	rate	NOUN
ejge-7083	411	11	environment	environment	NOUN
ejge-7083	411	12	:	:	PUNCT
ejge-7083	411	13	diminishing	diminish	VERB
ejge-7083	411	14	effectiveness	effectiveness	NOUN
ejge-7083	411	15	?	?	PUNCT
ejge-7083	412	1	journal	journal	NOUN
ejge-7083	412	2	of	of	ADP
ejge-7083	412	3	macroeconomics	macroeconomic	NOUN
ejge-7083	412	4	54(b	54(b	NUM
ejge-7083	412	5	):	):	PUNCT
ejge-7083	412	6	217	217	NUM
ejge-7083	412	7	-	-	SYM
ejge-7083	412	8	231	231	NUM
ejge-7083	412	9	.	.	PUNCT
ejge-7083	413	1	https://doi.org/10.1016/j.jmacro.2017.02.005	https://doi.org/10.1016/j.jmacro.2017.02.005	PROPN
ejge-7083	413	2	borio	borio	PROPN
ejge-7083	413	3	,	,	PUNCT
ejge-7083	413	4	c.	c.	PROPN
ejge-7083	413	5	,	,	PUNCT
ejge-7083	413	6	gambacorta	gambacorta	PROPN
ejge-7083	413	7	,	,	PUNCT
ejge-7083	413	8	l.	l.	PROPN
ejge-7083	413	9	,	,	PUNCT
ejge-7083	413	10	hofman	hofman	PROPN
ejge-7083	413	11	,	,	PUNCT
ejge-7083	413	12	b.	b.	PROPN
ejge-7083	413	13	(	(	PUNCT
ejge-7083	413	14	2017	2017	NUM
ejge-7083	413	15	)	)	PUNCT
ejge-7083	413	16	.	.	PUNCT
ejge-7083	414	1	the	the	DET
ejge-7083	414	2	influence	influence	NOUN
ejge-7083	414	3	of	of	ADP
ejge-7083	414	4	monetary	monetary	ADJ
ejge-7083	414	5	policy	policy	NOUN
ejge-7083	414	6	on	on	ADP
ejge-7083	414	7	bank	bank	NOUN
ejge-7083	414	8	profitability	profitability	NOUN
ejge-7083	414	9	.	.	PUNCT
ejge-7083	415	1	international	international	ADJ
ejge-7083	415	2	finance	finance	NOUN
ejge-7083	415	3	:	:	PUNCT
ejge-7083	415	4	201	201	NUM
ejge-7083	415	5	,	,	PUNCT
ejge-7083	415	6	48	48	NUM
ejge-7083	415	7	-	-	SYM
ejge-7083	415	8	63	63	NUM
ejge-7083	415	9	.	.	PUNCT
ejge-7083	416	1	https://doi.org/10.1111/infi.12104	https://doi.org/10.1111/infi.12104	PROPN
ejge-7083	416	2	brei	brei	ADJ
ejge-7083	416	3	,	,	PUNCT
ejge-7083	416	4	m.	m.	NOUN
ejge-7083	416	5	,	,	PUNCT
ejge-7083	416	6	borio	borio	NOUN
ejge-7083	416	7	,	,	PUNCT
ejge-7083	416	8	c.	c.	PROPN
ejge-7083	416	9	&	&	CCONJ
ejge-7083	416	10	gambacorta	gambacorta	PROPN
ejge-7083	416	11	,	,	PUNCT
ejge-7083	416	12	l.	l.	PROPN
ejge-7083	416	13	(	(	PUNCT
ejge-7083	416	14	2020	2020	NUM
ejge-7083	416	15	)	)	PUNCT
ejge-7083	416	16	.	.	PUNCT
ejge-7083	417	1	bank	bank	NOUN
ejge-7083	417	2	intermediation	intermediation	NOUN
ejge-7083	417	3	activity	activity	NOUN
ejge-7083	417	4	in	in	ADP
ejge-7083	417	5	a	a	DET
ejge-7083	417	6	low	low	ADJ
ejge-7083	417	7	-	-	PUNCT
ejge-7083	417	8	interest	interest	NOUN
ejge-7083	417	9	-	-	PUNCT
ejge-7083	417	10	rate	rate	NOUN
ejge-7083	417	11	environment	environment	NOUN
ejge-7083	417	12	.	.	PUNCT
ejge-7083	418	1	economic	economic	ADJ
ejge-7083	418	2	notes	note	NOUN
ejge-7083	418	3	,	,	PUNCT
ejge-7083	418	4	forthcoming	forthcoming	ADJ
ejge-7083	418	5	.	.	PUNCT
ejge-7083	418	6	https://doi.org/10.1111/ecno.12164	https://doi.org/10.1111/ecno.12164	NOUN
ejge-7083	418	7	busch	busch	PROPN
ejge-7083	418	8	,	,	PUNCT
ejge-7083	418	9	r.	r.	PROPN
ejge-7083	418	10	,	,	PUNCT
ejge-7083	418	11	memmel	memmel	PROPN
ejge-7083	418	12	,	,	PUNCT
ejge-7083	418	13	c.	c.	PROPN
ejge-7083	418	14	(	(	PUNCT
ejge-7083	418	15	2017	2017	NUM
ejge-7083	418	16	)	)	PUNCT
ejge-7083	418	17	.	.	PUNCT
ejge-7083	419	1	banks	bank	NOUN
ejge-7083	419	2	'	'	PART
ejge-7083	419	3	net	net	ADJ
ejge-7083	419	4	interest	interest	NOUN
ejge-7083	419	5	margin	margin	NOUN
ejge-7083	419	6	and	and	CCONJ
ejge-7083	419	7	the	the	DET
ejge-7083	419	8	level	level	NOUN
ejge-7083	419	9	of	of	ADP
ejge-7083	419	10	interest	interest	NOUN
ejge-7083	419	11	rates	rate	NOUN
ejge-7083	419	12	.	.	PUNCT
ejge-7083	420	1	credit	credit	NOUN
ejge-7083	420	2	and	and	CCONJ
ejge-7083	420	3	capital	capital	NOUN
ejge-7083	420	4	markets	market	NOUN
ejge-7083	420	5	50(3	50(3	NOUN
ejge-7083	420	6	):	):	PUNCT
ejge-7083	420	7	363	363	NUM
ejge-7083	420	8	-	-	SYM
ejge-7083	420	9	392	392	NUM
ejge-7083	420	10	.	.	PUNCT
ejge-7083	421	1	https://doi.org/10.3790/ccm.50.3.363	https://doi.org/10.3790/ccm.50.3.363	PROPN
ejge-7083	421	2	carbó	carbó	PROPN
ejge-7083	421	3	,	,	PUNCT
ejge-7083	421	4	s.	s.	PROPN
ejge-7083	421	5	,	,	PUNCT
ejge-7083	421	6	rodríguez	rodríguez	PROPN
ejge-7083	421	7	,	,	PUNCT
ejge-7083	421	8	f.	f.	PROPN
ejge-7083	421	9	(	(	PUNCT
ejge-7083	421	10	2007	2007	NUM
ejge-7083	421	11	)	)	PUNCT
ejge-7083	421	12	.	.	PUNCT
ejge-7083	422	1	the	the	DET
ejge-7083	422	2	determinants	determinant	NOUN
ejge-7083	422	3	of	of	ADP
ejge-7083	422	4	bank	bank	NOUN
ejge-7083	422	5	margins	margin	NOUN
ejge-7083	422	6	in	in	ADP
ejge-7083	422	7	european	european	ADJ
ejge-7083	422	8	banking	banking	NOUN
ejge-7083	422	9	.	.	PUNCT
ejge-7083	423	1	journal	journal	PROPN
ejge-7083	423	2	of	of	ADP
ejge-7083	423	3	banking	banking	NOUN
ejge-7083	423	4	and	and	CCONJ
ejge-7083	423	5	finance	finance	NOUN
ejge-7083	423	6	31	31	NUM
ejge-7083	423	7	:	:	PUNCT
ejge-7083	423	8	2043	2043	NUM
ejge-7083	423	9	-	-	SYM
ejge-7083	423	10	2063	2063	NUM
ejge-7083	423	11	.	.	PUNCT
ejge-7083	424	1	https://doi.org/10.1016/j.jbankfin.2006.06.017	https://doi.org/10.1016/j.jbankfin.2006.06.017	NOUN
ejge-7083	424	2	claessens	claessen	NOUN
ejge-7083	424	3	,	,	PUNCT
ejge-7083	424	4	s.	s.	PROPN
ejge-7083	424	5	,	,	PUNCT
ejge-7083	424	6	coleman	coleman	PROPN
ejge-7083	424	7	,	,	PUNCT
ejge-7083	424	8	n.	n.	PROPN
ejge-7083	424	9	,	,	PUNCT
ejge-7083	424	10	donnelly	donnelly	PROPN
ejge-7083	424	11	,	,	PUNCT
ejge-7083	424	12	m.	m.	NOUN
ejge-7083	424	13	(	(	PUNCT
ejge-7083	424	14	2018	2018	NUM
ejge-7083	424	15	)	)	PUNCT
ejge-7083	424	16	.	.	PUNCT
ejge-7083	425	1	"	"	PUNCT
ejge-7083	425	2	low	low	ADJ
ejge-7083	425	3	-	-	PUNCT
ejge-7083	425	4	for	for	ADP
ejge-7083	425	5	-	-	PUNCT
ejge-7083	425	6	long	long	ADJ
ejge-7083	425	7	"	"	PUNCT
ejge-7083	425	8	interest	interest	NOUN
ejge-7083	425	9	rates	rate	NOUN
ejge-7083	425	10	and	and	CCONJ
ejge-7083	425	11	banks	bank	NOUN
ejge-7083	425	12	'	'	PART
ejge-7083	425	13	interest	interest	NOUN
ejge-7083	425	14	margins	margin	NOUN
ejge-7083	425	15	and	and	CCONJ
ejge-7083	425	16	profitability	profitability	NOUN
ejge-7083	425	17	:	:	PUNCT
ejge-7083	425	18	cross	cross	ADJ
ejge-7083	425	19	-	-	ADJ
ejge-7083	425	20	country	country	ADJ
ejge-7083	425	21	evidence	evidence	NOUN
ejge-7083	425	22	.	.	PUNCT
ejge-7083	426	1	journal	journal	NOUN
ejge-7083	426	2	of	of	ADP
ejge-7083	426	3	financial	financial	ADJ
ejge-7083	426	4	intermediation	intermediation	NOUN
ejge-7083	426	5	35	35	NUM
ejge-7083	426	6	:	:	SYM
ejge-7083	426	7	1	1	NUM
ejge-7083	426	8	-	-	SYM
ejge-7083	426	9	16	16	NUM
ejge-7083	426	10	.	.	PUNCT
ejge-7083	427	1	https://doi.org/10.1016/j.jfi.2017.05.004	https://doi.org/10.1016/j.jfi.2017.05.004	ADJ
ejge-7083	427	2	claessens	claessen	NOUN
ejge-7083	427	3	,	,	PUNCT
ejge-7083	427	4	s.	s.	PROPN
ejge-7083	427	5	,	,	PUNCT
ejge-7083	427	6	laeven	laeven	ADJ
ejge-7083	427	7	,	,	PUNCT
ejge-7083	427	8	l.	l.	PROPN
ejge-7083	427	9	(	(	PUNCT
ejge-7083	427	10	2004	2004	NUM
ejge-7083	427	11	)	)	PUNCT
ejge-7083	427	12	.	.	PUNCT
ejge-7083	428	1	what	what	PRON
ejge-7083	428	2	drives	drive	VERB
ejge-7083	428	3	banking	banking	NOUN
ejge-7083	428	4	competition	competition	NOUN
ejge-7083	428	5	?	?	PUNCT
ejge-7083	429	1	some	some	DET
ejge-7083	429	2	international	international	ADJ
ejge-7083	429	3	evidence	evidence	NOUN
ejge-7083	429	4	.	.	PUNCT
ejge-7083	430	1	journal	journal	NOUN
ejge-7083	430	2	of	of	ADP
ejge-7083	430	3	money	money	NOUN
ejge-7083	430	4	,	,	PUNCT
ejge-7083	430	5	credit	credit	NOUN
ejge-7083	430	6	and	and	CCONJ
ejge-7083	430	7	banking	banking	NOUN
ejge-7083	430	8	363	363	NUM
ejge-7083	430	9	:	:	PUNCT
ejge-7083	430	10	563	563	NUM
ejge-7083	430	11	-	-	SYM
ejge-7083	430	12	583	583	NUM
ejge-7083	430	13	.	.	PUNCT
ejge-7083	431	1	https://doi.org/10.1353/mcb.2004.0044	https://doi.org/10.1353/mcb.2004.0044	PROPN
ejge-7083	431	2	climent	climent	PROPN
ejge-7083	431	3	,	,	PUNCT
ejge-7083	431	4	s.	s.	PROPN
ejge-7083	431	5	,	,	PUNCT
ejge-7083	431	6	pavía	pavía	ADJ
ejge-7083	431	7	,	,	PUNCT
ejge-7083	431	8	j.m	j.m	PROPN
ejge-7083	431	9	.	.	PROPN
ejge-7083	431	10	(	(	PUNCT
ejge-7083	431	11	2015	2015	NUM
ejge-7083	431	12	)	)	PUNCT
ejge-7083	431	13	.	.	PUNCT
ejge-7083	432	1	determinants	determinant	NOUN
ejge-7083	432	2	of	of	ADP
ejge-7083	432	3	profitability	profitability	NOUN
ejge-7083	432	4	in	in	ADP
ejge-7083	432	5	spanish	spanish	ADJ
ejge-7083	432	6	financial	financial	ADJ
ejge-7083	432	7	institutions	institution	NOUN
ejge-7083	432	8	.	.	PUNCT
ejge-7083	433	1	comparing	compare	VERB
ejge-7083	433	2	aided	aid	VERB
ejge-7083	433	3	and	and	CCONJ
ejge-7083	433	4	non	non	ADJ
ejge-7083	433	5	-	-	ADJ
ejge-7083	433	6	aided	aided	ADJ
ejge-7083	433	7	entities	entity	NOUN
ejge-7083	433	8	.	.	PUNCT
ejge-7083	434	1	journal	journal	NOUN
ejge-7083	434	2	of	of	ADP
ejge-7083	434	3	business	business	NOUN
ejge-7083	434	4	economics	economic	NOUN
ejge-7083	434	5	and	and	CCONJ
ejge-7083	434	6	management	management	NOUN
ejge-7083	434	7	166	166	NUM
ejge-7083	434	8	:	:	PUNCT
ejge-7083	434	9	1170	1170	NUM
ejge-7083	434	10	-	-	SYM
ejge-7083	434	11	1184	1184	NUM
ejge-7083	434	12	.	.	PUNCT
ejge-7083	435	1	https://doi.org/10.3846/16111699.2013.801881	https://doi.org/10.3846/16111699.2013.801881	PROPN
ejge-7083	435	2	cruz	cruz	PROPN
ejge-7083	435	3	-	-	PUNCT
ejge-7083	435	4	garcia	garcia	PROPN
ejge-7083	435	5	,	,	PUNCT
ejge-7083	435	6	p.	p.	PROPN
ejge-7083	435	7	,	,	PUNCT
ejge-7083	435	8	fernández	fernández	PROPN
ejge-7083	435	9	de	de	PROPN
ejge-7083	435	10	guevara	guevara	PROPN
ejge-7083	435	11	,	,	PUNCT
ejge-7083	435	12	j.	j.	PROPN
ejge-7083	435	13	,	,	PUNCT
ejge-7083	435	14	maudos	maudo	NOUN
ejge-7083	435	15	,	,	PUNCT
ejge-7083	435	16	j.	j.	PROPN
ejge-7083	435	17	(	(	PUNCT
ejge-7083	435	18	2018	2018	NUM
ejge-7083	435	19	)	)	PUNCT
ejge-7083	435	20	.	.	PUNCT
ejge-7083	436	1	bajos	bajos	PROPN
ejge-7083	436	2	tipos	tipos	PROPN
ejge-7083	436	3	de	de	X
ejge-7083	436	4	interés	interés	X
ejge-7083	436	5	en	en	X
ejge-7083	436	6	la	la	PROPN
ejge-7083	436	7	eurozona	eurozona	PROPN
ejge-7083	436	8	:	:	PUNCT
ejge-7083	436	9	impacto	impacto	PROPN
ejge-7083	436	10	sobre	sobre	PROPN
ejge-7083	436	11	los	los	PROPN
ejge-7083	436	12	márgenes	márgenes	PROPN
ejge-7083	436	13	y	y	PROPN
ejge-7083	436	14	la	la	PROPN
ejge-7083	436	15	rentabilidad	rentabilidad	PROPN
ejge-7083	436	16	de	de	PROPN
ejge-7083	436	17	los	los	PROPN
ejge-7083	436	18	bancos	bancos	PROPN
ejge-7083	436	19	.	.	PUNCT
ejge-7083	437	1	papeles	papeles	PROPN
ejge-7083	437	2	de	de	PROPN
ejge-7083	437	3	economía	economía	PROPN
ejge-7083	437	4	española	española	PROPN
ejge-7083	437	5	132	132	NUM
ejge-7083	437	6	-	-	SYM
ejge-7083	437	7	146	146	NUM
ejge-7083	437	8	.	.	PUNCT
ejge-7083	437	9	cruz	cruz	NOUN
ejge-7083	437	10	-	-	PUNCT
ejge-7083	437	11	garcía	garcía	ADJ
ejge-7083	437	12	,	,	PUNCT
ejge-7083	437	13	p.	p.	NOUN
ejge-7083	437	14	,	,	PUNCT
ejge-7083	437	15	fernández	fernández	PROPN
ejge-7083	437	16	de	de	PROPN
ejge-7083	437	17	guevara	guevara	PROPN
ejge-7083	437	18	,	,	PUNCT
ejge-7083	437	19	j.	j.	PROPN
ejge-7083	437	20	,	,	PUNCT
ejge-7083	437	21	maudos	maudo	NOUN
ejge-7083	437	22	,	,	PUNCT
ejge-7083	437	23	j.	j.	PROPN
ejge-7083	437	24	(	(	PUNCT
ejge-7083	437	25	2019	2019	NUM
ejge-7083	437	26	)	)	PUNCT
ejge-7083	437	27	.	.	PUNCT
ejge-7083	438	1	determinants	determinant	NOUN
ejge-7083	438	2	of	of	ADP
ejge-7083	438	3	bank	bank	NOUN
ejge-7083	438	4	's	's	PART
ejge-7083	438	5	interest	interest	NOUN
ejge-7083	438	6	margin	margin	NOUN
ejge-7083	438	7	in	in	ADP
ejge-7083	438	8	the	the	DET
ejge-7083	438	9	aftermath	aftermath	NOUN
ejge-7083	438	10	of	of	ADP
ejge-7083	438	11	the	the	DET
ejge-7083	438	12	crisis	crisis	NOUN
ejge-7083	438	13	:	:	PUNCT
ejge-7083	438	14	the	the	DET
ejge-7083	438	15	effect	effect	NOUN
ejge-7083	438	16	of	of	ADP
ejge-7083	438	17	interest	interest	NOUN
ejge-7083	438	18	rates	rate	NOUN
ejge-7083	438	19	and	and	CCONJ
ejge-7083	438	20	the	the	DET
ejge-7083	438	21	yield	yield	NOUN
ejge-7083	438	22	curve	curve	NOUN
ejge-7083	438	23	slope	slope	NOUN
ejge-7083	438	24	.	.	PUNCT
ejge-7083	439	1	empirical	empirical	ADJ
ejge-7083	439	2	economics	economic	NOUN
ejge-7083	439	3	56	56	NUM
ejge-7083	439	4	:	:	PUNCT
ejge-7083	439	5	341	341	NUM
ejge-7083	439	6	-	-	SYM
ejge-7083	439	7	365	365	NUM
ejge-7083	439	8	.	.	PUNCT
ejge-7083	440	1	https://doi.org/10.1007/s00181-017-1360-0	https://doi.org/10.1007/s00181-017-1360-0	NUM
ejge-7083	440	2	cruz	cruz	PROPN
ejge-7083	440	3	-	-	PUNCT
ejge-7083	440	4	garcia	garcia	PROPN
ejge-7083	440	5	,	,	PUNCT
ejge-7083	440	6	p.	p.	PROPN
ejge-7083	440	7	,	,	PUNCT
ejge-7083	440	8	fernández	fernández	PROPN
ejge-7083	440	9	de	de	PROPN
ejge-7083	440	10	guevara	guevara	PROPN
ejge-7083	440	11	,	,	PUNCT
ejge-7083	440	12	j.	j.	PROPN
ejge-7083	440	13	,	,	PUNCT
ejge-7083	440	14	maudos	maudo	NOUN
ejge-7083	440	15	,	,	PUNCT
ejge-7083	440	16	j.	j.	PROPN
ejge-7083	440	17	(	(	PUNCT
ejge-7083	440	18	2020a	2020a	NUM
ejge-7083	440	19	)	)	PUNCT
ejge-7083	440	20	.	.	PUNCT
ejge-7083	441	1	banking	banking	NOUN
ejge-7083	441	2	concentration	concentration	NOUN
ejge-7083	441	3	and	and	CCONJ
ejge-7083	441	4	competition	competition	NOUN
ejge-7083	441	5	in	in	ADP
ejge-7083	441	6	spain	spain	PROPN
ejge-7083	441	7	:	:	PUNCT
ejge-7083	441	8	the	the	DET
ejge-7083	441	9	impact	impact	NOUN
ejge-7083	441	10	of	of	ADP
ejge-7083	441	11	the	the	DET
ejge-7083	441	12	crisis	crisis	NOUN
ejge-7083	441	13	and	and	CCONJ
ejge-7083	441	14	restructuring	restructuring	NOUN
ejge-7083	441	15	.	.	PUNCT
ejge-7083	442	1	financial	financial	ADJ
ejge-7083	442	2	stability	stability	NOUN
ejge-7083	442	3	review	review	VERB
ejge-7083	442	4	34	34	NUM
ejge-7083	442	5	:	:	SYM
ejge-7083	442	6	59	59	NUM
ejge-7083	442	7	-	-	SYM
ejge-7083	442	8	76	76	NUM
ejge-7083	442	9	.	.	PUNCT
ejge-7083	443	1	cruz	cruz	NOUN
ejge-7083	443	2	-	-	PUNCT
ejge-7083	443	3	garcía	garcía	ADJ
ejge-7083	443	4	,	,	PUNCT
ejge-7083	443	5	p.	p.	NOUN
ejge-7083	443	6	,	,	PUNCT
ejge-7083	443	7	forte	forte	NOUN
ejge-7083	443	8	,	,	PUNCT
ejge-7083	443	9	a.	a.	NOUN
ejge-7083	443	10	,	,	PUNCT
ejge-7083	443	11	peiró	peiró	NOUN
ejge-7083	443	12	-	-	PUNCT
ejge-7083	443	13	palomino	palomino	PROPN
ejge-7083	443	14	,	,	PUNCT
ejge-7083	443	15	j.	j.	PROPN
ejge-7083	443	16	(	(	PUNCT
ejge-7083	443	17	2020b	2020b	NUM
ejge-7083	443	18	)	)	PUNCT
ejge-7083	443	19	.	.	PUNCT
ejge-7083	444	1	on	on	ADP
ejge-7083	444	2	the	the	DET
ejge-7083	444	3	drivers	driver	NOUN
ejge-7083	444	4	of	of	ADP
ejge-7083	444	5	profitability	profitability	NOUN
ejge-7083	444	6	in	in	ADP
ejge-7083	444	7	the	the	DET
ejge-7083	444	8	banking	banking	NOUN
ejge-7083	444	9	industry	industry	NOUN
ejge-7083	444	10	in	in	ADP
ejge-7083	444	11	restructuring	restructuring	NOUN
ejge-7083	444	12	times	time	NOUN
ejge-7083	444	13	:	:	PUNCT
ejge-7083	444	14	a	a	DET
ejge-7083	444	15	bayesian	bayesian	NOUN
ejge-7083	444	16	perspective	perspective	NOUN
ejge-7083	444	17	.	.	PUNCT
ejge-7083	445	1	applied	apply	VERB
ejge-7083	445	2	economic	economic	ADJ
ejge-7083	445	3	analysis	analysis	NOUN
ejge-7083	445	4	,	,	PUNCT
ejge-7083	445	5	forthcoming	forthcoming	ADJ
ejge-7083	445	6	.	.	PUNCT
ejge-7083	446	1	https://doi.org/10.1108/aea-01-2020-0003	https://doi.org/10.1108/aea-01-2020-0003	ADJ
ejge-7083	446	2	https://doi.org/10.1016/j.jfs.2008.10.002	https://doi.org/10.1016/j.jfs.2008.10.002	X
ejge-7083	446	3	https://doi.org/10.1111/jmcb.12172	https://doi.org/10.1111/jmcb.12172	NOUN
ejge-7083	446	4	https://doi.org/10.1016/j.iref.2015.02.003	https://doi.org/10.1016/j.iref.2015.02.003	PROPN
ejge-7083	446	5	https://doi.org/10.1093/epolic/eiy013	https://doi.org/10.1093/epolic/eiy013	PROPN
ejge-7083	446	6	https://doi.org/10.1007/s10693-019-00314-8	https://doi.org/10.1007/s10693-019-00314-8	PROPN
ejge-7083	446	7	https://doi.org/10.1016/j.intfin.2006.07.001	https://doi.org/10.1016/j.intfin.2006.07.001	ADJ
ejge-7083	446	8	https://doi.org/10.1002/ijfe.1595	https://doi.org/10.1002/ijfe.1595	NOUN
ejge-7083	446	9	https://doi.org/10.1016/j.jbankfin.2012.05.011	https://doi.org/10.1016/j.jbankfin.2012.05.011	NOUN
ejge-7083	446	10	https://doi.org/10.1016/j.jmacro.2017.02.005	https://doi.org/10.1016/j.jmacro.2017.02.005	VERB
ejge-7083	446	11	https://doi.org/10.1111/infi.12104	https://doi.org/10.1111/infi.12104	NOUN
ejge-7083	446	12	https://doi.org/10.1111/ecno.12164	https://doi.org/10.1111/ecno.12164	NOUN
ejge-7083	447	1	https://doi.org/10.3790/ccm.50.3.363	https://doi.org/10.3790/ccm.50.3.363	NOUN
ejge-7083	447	2	https://doi.org/10.1016/j.jbankfin.2006.06.017	https://doi.org/10.1016/j.jbankfin.2006.06.017	NUM
ejge-7083	447	3	https://doi.org/10.1016/j.jfi.2017.05.004	https://doi.org/10.1016/j.jfi.2017.05.004	ADJ
ejge-7083	447	4	https://doi.org/10.1353/mcb.2004.0044	https://doi.org/10.1353/mcb.2004.0044	NOUN
ejge-7083	447	5	https://doi.org/10.3846/16111699.2013.801881	https://doi.org/10.3846/16111699.2013.801881	PROPN
ejge-7083	447	6	https://doi.org/10.1007/s00181-017-1360-0	https://doi.org/10.1007/s00181-017-1360-0	NUM
ejge-7083	447	7	https://doi.org/10.1108/aea-01-2020-0003	https://doi.org/10.1108/aea-01-2020-0003	PROPN
ejge-7083	447	8	david	david	PROPN
ejge-7083	447	9	boto	boto	PROPN
ejge-7083	447	10	-	-	PUNCT
ejge-7083	447	11	garcía	garcía	VERB
ejge-7083	447	12	et	et	PROPN
ejge-7083	447	13	al	al	PROPN
ejge-7083	447	14	.	.	PUNCT
ejge-7083	447	15	/	/	SYM
ejge-7083	447	16	european	european	PROPN
ejge-7083	447	17	journal	journal	PROPN
ejge-7083	447	18	of	of	ADP
ejge-7083	447	19	government	government	NOUN
ejge-7083	447	20	and	and	CCONJ
ejge-7083	447	21	economics	economic	NOUN
ejge-7083	447	22	10(1	10(1	NUM
ejge-7083	447	23	)	)	PUNCT
ejge-7083	447	24	,	,	PUNCT
ejge-7083	447	25	june	june	PROPN
ejge-7083	447	26	2021	2021	NUM
ejge-7083	447	27	,	,	PUNCT
ejge-7083	447	28	5	5	NUM
ejge-7083	447	29	-	-	SYM
ejge-7083	447	30	29	29	NUM
ejge-7083	447	31	24	24	NUM
ejge-7083	447	32	cruz	cruz	PROPN
ejge-7083	447	33	-	-	PUNCT
ejge-7083	447	34	garcia	garcia	PROPN
ejge-7083	447	35	,	,	PUNCT
ejge-7083	447	36	p.	p.	PROPN
ejge-7083	447	37	,	,	PUNCT
ejge-7083	447	38	fernández	fernández	PROPN
ejge-7083	447	39	de	de	PROPN
ejge-7083	447	40	guevara	guevara	PROPN
ejge-7083	447	41	,	,	PUNCT
ejge-7083	447	42	j.	j.	PROPN
ejge-7083	447	43	,	,	PUNCT
ejge-7083	447	44	maudos	maudo	NOUN
ejge-7083	447	45	,	,	PUNCT
ejge-7083	447	46	j.	j.	PROPN
ejge-7083	447	47	(	(	PUNCT
ejge-7083	447	48	2020c	2020c	NUM
ejge-7083	447	49	)	)	PUNCT
ejge-7083	447	50	.	.	PUNCT
ejge-7083	448	1	bank	bank	NOUN
ejge-7083	448	2	competition	competition	NOUN
ejge-7083	448	3	and	and	CCONJ
ejge-7083	448	4	multimarket	multimarket	NOUN
ejge-7083	448	5	contact	contact	NOUN
ejge-7083	448	6	intensity	intensity	NOUN
ejge-7083	448	7	.	.	PUNCT
ejge-7083	449	1	journal	journal	PROPN
ejge-7083	449	2	of	of	ADP
ejge-7083	449	3	international	international	ADJ
ejge-7083	449	4	money	money	NOUN
ejge-7083	449	5	and	and	CCONJ
ejge-7083	449	6	finance	finance	NOUN
ejge-7083	449	7	,	,	PUNCT
ejge-7083	449	8	forthcoming	forthcoming	ADJ
ejge-7083	449	9	.	.	PUNCT
ejge-7083	450	1	https://doi.org/10.1016/j.jimonfin.2020.102338	https://doi.org/10.1016/j.jimonfin.2020.102338	ADJ
ejge-7083	450	2	dell’ariccia	dell’ariccia	NOUN
ejge-7083	450	3	,	,	PUNCT
ejge-7083	450	4	g.	g.	NOUN
ejge-7083	450	5	,	,	PUNCT
ejge-7083	450	6	rabanal	rabanal	NOUN
ejge-7083	450	7	,	,	PUNCT
ejge-7083	450	8	p.	p.	NOUN
ejge-7083	450	9	,	,	PUNCT
ejge-7083	450	10	sandri	sandri	PROPN
ejge-7083	450	11	,	,	PUNCT
ejge-7083	450	12	d.	d.	PROPN
ejge-7083	450	13	(	(	PUNCT
ejge-7083	450	14	2018	2018	NUM
ejge-7083	450	15	)	)	PUNCT
ejge-7083	450	16	.	.	PUNCT
ejge-7083	451	1	unconventional	unconventional	ADJ
ejge-7083	451	2	monetary	monetary	ADJ
ejge-7083	451	3	policies	policy	NOUN
ejge-7083	451	4	in	in	ADP
ejge-7083	451	5	the	the	DET
ejge-7083	451	6	euro	euro	PROPN
ejge-7083	451	7	area	area	NOUN
ejge-7083	451	8	,	,	PUNCT
ejge-7083	451	9	japan	japan	PROPN
ejge-7083	451	10	,	,	PUNCT
ejge-7083	451	11	and	and	CCONJ
ejge-7083	451	12	the	the	DET
ejge-7083	451	13	united	united	ADJ
ejge-7083	451	14	kingdom	kingdom	PROPN
ejge-7083	451	15	.	.	PUNCT
ejge-7083	452	1	journal	journal	PROPN
ejge-7083	452	2	of	of	ADP
ejge-7083	452	3	economic	economic	ADJ
ejge-7083	452	4	perspectives	perspective	NOUN
ejge-7083	452	5	32(4	32(4	NUM
ejge-7083	452	6	):	):	PUNCT
ejge-7083	452	7	147–172	147–172	NUM
ejge-7083	452	8	.	.	PUNCT
ejge-7083	453	1	https://doi.org/10.1257/jep.32.4.147	https://doi.org/10.1257/jep.32.4.147	PROPN
ejge-7083	453	2	demirguc	demirguc	PROPN
ejge-7083	453	3	-	-	PUNCT
ejge-7083	453	4	kunt	kunt	PROPN
ejge-7083	453	5	,	,	PUNCT
ejge-7083	453	6	a.	a.	NOUN
ejge-7083	453	7	,	,	PUNCT
ejge-7083	453	8	huizinga	huizinga	ADV
ejge-7083	453	9	,	,	PUNCT
ejge-7083	453	10	h.	h.	PROPN
ejge-7083	453	11	(	(	PUNCT
ejge-7083	453	12	1999	1999	NUM
ejge-7083	453	13	)	)	PUNCT
ejge-7083	453	14	.	.	PUNCT
ejge-7083	454	1	determinants	determinant	NOUN
ejge-7083	454	2	of	of	ADP
ejge-7083	454	3	commercial	commercial	ADJ
ejge-7083	454	4	bank	bank	NOUN
ejge-7083	454	5	interest	interest	NOUN
ejge-7083	454	6	margins	margin	NOUN
ejge-7083	454	7	and	and	CCONJ
ejge-7083	454	8	profitability	profitability	NOUN
ejge-7083	454	9	,	,	PUNCT
ejge-7083	454	10	some	some	DET
ejge-7083	454	11	international	international	ADJ
ejge-7083	454	12	evidence	evidence	NOUN
ejge-7083	454	13	.	.	PUNCT
ejge-7083	455	1	world	world	PROPN
ejge-7083	455	2	bank	bank	PROPN
ejge-7083	455	3	economic	economic	PROPN
ejge-7083	455	4	review	review	NOUN
ejge-7083	455	5	13	13	NUM
ejge-7083	455	6	:	:	SYM
ejge-7083	455	7	379	379	NUM
ejge-7083	455	8	–	–	SYM
ejge-7083	455	9	408	408	NUM
ejge-7083	455	10	.	.	PUNCT
ejge-7083	456	1	https://doi.org/10.1596/1813-9450-1900	https://doi.org/10.1596/1813-9450-1900	PROPN
ejge-7083	456	2	dickey	dickey	PROPN
ejge-7083	456	3	,	,	PUNCT
ejge-7083	456	4	d.a	d.a	PROPN
ejge-7083	456	5	.	.	PROPN
ejge-7083	456	6	,	,	PUNCT
ejge-7083	456	7	fuller	full	ADJ
ejge-7083	456	8	,	,	PUNCT
ejge-7083	456	9	w.a	w.a	PROPN
ejge-7083	456	10	.	.	PROPN
ejge-7083	456	11	(	(	PUNCT
ejge-7083	456	12	1979	1979	NUM
ejge-7083	456	13	)	)	PUNCT
ejge-7083	456	14	.	.	PUNCT
ejge-7083	457	1	distribution	distribution	NOUN
ejge-7083	457	2	of	of	ADP
ejge-7083	457	3	the	the	DET
ejge-7083	457	4	estimators	estimator	NOUN
ejge-7083	457	5	for	for	ADP
ejge-7083	457	6	autoregressive	autoregressive	ADJ
ejge-7083	457	7	time	time	NOUN
ejge-7083	457	8	series	series	NOUN
ejge-7083	457	9	with	with	ADP
ejge-7083	457	10	a	a	DET
ejge-7083	457	11	unit	unit	NOUN
ejge-7083	457	12	root	root	NOUN
ejge-7083	457	13	.	.	PUNCT
ejge-7083	458	1	journal	journal	NOUN
ejge-7083	458	2	of	of	ADP
ejge-7083	458	3	the	the	DET
ejge-7083	458	4	american	american	PROPN
ejge-7083	458	5	statistical	statistical	ADJ
ejge-7083	458	6	association	association	NOUN
ejge-7083	458	7	74	74	NUM
ejge-7083	458	8	:	:	SYM
ejge-7083	458	9	427	427	NUM
ejge-7083	458	10	-	-	SYM
ejge-7083	458	11	431	431	NUM
ejge-7083	458	12	.	.	PUNCT
ejge-7083	459	1	https://doi.org/10.1080/01621459.1979.10482531	https://doi.org/10.1080/01621459.1979.10482531	PROPN
ejge-7083	459	2	dickey	dickey	PROPN
ejge-7083	459	3	,	,	PUNCT
ejge-7083	459	4	d.a	d.a	PROPN
ejge-7083	459	5	.	.	PROPN
ejge-7083	459	6	,	,	PUNCT
ejge-7083	459	7	pantula	pantula	PROPN
ejge-7083	459	8	,	,	PUNCT
ejge-7083	459	9	s.g	s.g	PROPN
ejge-7083	459	10	.	.	PROPN
ejge-7083	459	11	(	(	PUNCT
ejge-7083	459	12	1987	1987	NUM
ejge-7083	459	13	)	)	PUNCT
ejge-7083	459	14	.	.	PUNCT
ejge-7083	460	1	determining	determine	VERB
ejge-7083	460	2	the	the	DET
ejge-7083	460	3	order	order	NOUN
ejge-7083	460	4	of	of	ADP
ejge-7083	460	5	differencing	difference	VERB
ejge-7083	460	6	in	in	ADP
ejge-7083	460	7	autoregressive	autoregressive	ADJ
ejge-7083	460	8	processes	process	NOUN
ejge-7083	460	9	.	.	PUNCT
ejge-7083	461	1	journal	journal	NOUN
ejge-7083	461	2	of	of	ADP
ejge-7083	461	3	business	business	NOUN
ejge-7083	461	4	and	and	CCONJ
ejge-7083	461	5	economic	economic	ADJ
ejge-7083	461	6	statistics	statistic	NOUN
ejge-7083	461	7	5	5	NUM
ejge-7083	461	8	:	:	SYM
ejge-7083	461	9	455	455	NUM
ejge-7083	461	10	-	-	SYM
ejge-7083	461	11	461	461	NUM
ejge-7083	461	12	.	.	PUNCT
ejge-7083	462	1	https://doi.org/10.1080/07350015.1987.10509614	https://doi.org/10.1080/07350015.1987.10509614	PROPN
ejge-7083	462	2	dietrich	dietrich	PROPN
ejge-7083	462	3	,	,	PUNCT
ejge-7083	462	4	a.	a.	PROPN
ejge-7083	462	5	,	,	PUNCT
ejge-7083	462	6	wanzenried	wanzenrie	VERB
ejge-7083	462	7	,	,	PUNCT
ejge-7083	462	8	g.	g.	PROPN
ejge-7083	462	9	(	(	PUNCT
ejge-7083	462	10	2011	2011	NUM
ejge-7083	462	11	)	)	PUNCT
ejge-7083	462	12	.	.	PUNCT
ejge-7083	463	1	determinants	determinant	NOUN
ejge-7083	463	2	of	of	ADP
ejge-7083	463	3	bank	bank	NOUN
ejge-7083	463	4	profitability	profitability	NOUN
ejge-7083	463	5	before	before	ADP
ejge-7083	463	6	and	and	CCONJ
ejge-7083	463	7	during	during	ADP
ejge-7083	463	8	the	the	DET
ejge-7083	463	9	crisis	crisis	NOUN
ejge-7083	463	10	,	,	PUNCT
ejge-7083	463	11	evidence	evidence	NOUN
ejge-7083	463	12	from	from	ADP
ejge-7083	463	13	switzerland	switzerland	PROPN
ejge-7083	463	14	.	.	PUNCT
ejge-7083	464	1	journal	journal	PROPN
ejge-7083	464	2	of	of	ADP
ejge-7083	464	3	international	international	ADJ
ejge-7083	464	4	financial	financial	ADJ
ejge-7083	464	5	markets	market	NOUN
ejge-7083	464	6	,	,	PUNCT
ejge-7083	464	7	institutions	institution	NOUN
ejge-7083	464	8	and	and	CCONJ
ejge-7083	464	9	money	money	NOUN
ejge-7083	464	10	21	21	NUM
ejge-7083	464	11	:	:	PUNCT
ejge-7083	464	12	307	307	NUM
ejge-7083	464	13	-	-	SYM
ejge-7083	464	14	327	327	NUM
ejge-7083	464	15	.	.	PUNCT
ejge-7083	465	1	https://doi.org/10.1016/j.intfin.2010.11.002	https://doi.org/10.1016/j.intfin.2010.11.002	PROPN
ejge-7083	465	2	dietrich	dietrich	PROPN
ejge-7083	465	3	,	,	PUNCT
ejge-7083	465	4	a.	a.	PROPN
ejge-7083	465	5	,	,	PUNCT
ejge-7083	465	6	wanzenried	wanzenrie	VERB
ejge-7083	465	7	,	,	PUNCT
ejge-7083	465	8	g.	g.	PROPN
ejge-7083	465	9	(	(	PUNCT
ejge-7083	465	10	2014	2014	NUM
ejge-7083	465	11	)	)	PUNCT
ejge-7083	465	12	.	.	PUNCT
ejge-7083	466	1	the	the	DET
ejge-7083	466	2	determinants	determinant	NOUN
ejge-7083	466	3	of	of	ADP
ejge-7083	466	4	commercial	commercial	ADJ
ejge-7083	466	5	banking	banking	NOUN
ejge-7083	466	6	profitability	profitability	NOUN
ejge-7083	466	7	in	in	ADP
ejge-7083	466	8	low	low	ADJ
ejge-7083	466	9	,	,	PUNCT
ejge-7083	466	10	middle-	middle-	X
ejge-7083	466	11	,	,	PUNCT
ejge-7083	466	12	and	and	CCONJ
ejge-7083	466	13	high	high	ADJ
ejge-7083	466	14	-	-	PUNCT
ejge-7083	466	15	income	income	NOUN
ejge-7083	466	16	countries	country	NOUN
ejge-7083	466	17	.	.	PUNCT
ejge-7083	467	1	the	the	DET
ejge-7083	467	2	quarterly	quarterly	ADJ
ejge-7083	467	3	review	review	NOUN
ejge-7083	467	4	of	of	ADP
ejge-7083	467	5	economics	economic	NOUN
ejge-7083	467	6	and	and	CCONJ
ejge-7083	467	7	finance	finance	NOUN
ejge-7083	467	8	54	54	NUM
ejge-7083	467	9	:	:	SYM
ejge-7083	467	10	337354	337354	NUM
ejge-7083	467	11	.	.	PUNCT
ejge-7083	468	1	https://doi.org/10.1016/j.qref.2014.03.001	https://doi.org/10.1016/j.qref.2014.03.001	NOUN
ejge-7083	468	2	egly	egly	ADV
ejge-7083	468	3	,	,	PUNCT
ejge-7083	468	4	p.v	p.v	PROPN
ejge-7083	468	5	.	.	PROPN
ejge-7083	468	6	,	,	PUNCT
ejge-7083	468	7	johnk	johnk	PROPN
ejge-7083	468	8	,	,	PUNCT
ejge-7083	468	9	d.w	d.w	PROPN
ejge-7083	468	10	.	.	PROPN
ejge-7083	468	11	mollick	mollick	PROPN
ejge-7083	468	12	,	,	PUNCT
ejge-7083	468	13	a.v	a.v	PROPN
ejge-7083	468	14	.	.	PROPN
ejge-7083	468	15	(	(	PUNCT
ejge-7083	468	16	2018	2018	NUM
ejge-7083	468	17	)	)	PUNCT
ejge-7083	468	18	.	.	PUNCT
ejge-7083	469	1	bank	bank	PROPN
ejge-7083	469	2	net	net	ADJ
ejge-7083	469	3	interest	interest	NOUN
ejge-7083	469	4	margins	margin	NOUN
ejge-7083	469	5	,	,	PUNCT
ejge-7083	469	6	the	the	DET
ejge-7083	469	7	yield	yield	NOUN
ejge-7083	469	8	curve	curve	NOUN
ejge-7083	469	9	,	,	PUNCT
ejge-7083	469	10	and	and	CCONJ
ejge-7083	469	11	the	the	DET
ejge-7083	469	12	2007	2007	NUM
ejge-7083	469	13	-	-	SYM
ejge-7083	469	14	2009	2009	NUM
ejge-7083	469	15	financial	financial	ADJ
ejge-7083	469	16	crisis	crisis	NOUN
ejge-7083	469	17	.	.	PUNCT
ejge-7083	470	1	review	review	NOUN
ejge-7083	470	2	of	of	ADP
ejge-7083	470	3	financial	financial	ADJ
ejge-7083	470	4	economics	economic	NOUN
ejge-7083	470	5	36	36	NUM
ejge-7083	470	6	:	:	SYM
ejge-7083	470	7	12	12	NUM
ejge-7083	470	8	-	-	SYM
ejge-7083	470	9	32	32	NUM
ejge-7083	470	10	.	.	PUNCT
ejge-7083	471	1	https://doi.org/10.1002/rfe.1016	https://doi.org/10.1002/rfe.1016	PROPN
ejge-7083	471	2	english	english	PROPN
ejge-7083	471	3	,	,	PUNCT
ejge-7083	471	4	w.b	w.b	PROPN
ejge-7083	471	5	.	.	PROPN
ejge-7083	471	6	(	(	PUNCT
ejge-7083	471	7	2002	2002	NUM
ejge-7083	471	8	)	)	PUNCT
ejge-7083	471	9	.	.	PUNCT
ejge-7083	472	1	interest	interest	NOUN
ejge-7083	472	2	rate	rate	NOUN
ejge-7083	472	3	risk	risk	NOUN
ejge-7083	472	4	and	and	CCONJ
ejge-7083	472	5	bank	bank	NOUN
ejge-7083	472	6	net	net	ADJ
ejge-7083	472	7	interest	interest	NOUN
ejge-7083	472	8	margin	margin	NOUN
ejge-7083	472	9	.	.	PUNCT
ejge-7083	473	1	bank	bank	PROPN
ejge-7083	473	2	for	for	ADP
ejge-7083	473	3	international	international	ADJ
ejge-7083	473	4	settlement	settlement	NOUN
ejge-7083	473	5	(	(	PUNCT
ejge-7083	473	6	bis	bis	ADJ
ejge-7083	473	7	)	)	PUNCT
ejge-7083	473	8	quarterly	quarterly	ADJ
ejge-7083	473	9	review	review	NOUN
ejge-7083	473	10	:	:	PUNCT
ejge-7083	473	11	67	67	NUM
ejge-7083	473	12	-	-	SYM
ejge-7083	473	13	92	92	NUM
ejge-7083	473	14	.	.	PUNCT
ejge-7083	474	1	fernández	fernández	PROPN
ejge-7083	474	2	-	-	PUNCT
ejge-7083	474	3	villaverde	villaverde	ADJ
ejge-7083	474	4	,	,	PUNCT
ejge-7083	474	5	j.	j.	PROPN
ejge-7083	474	6	,	,	PUNCT
ejge-7083	474	7	garicano	garicano	PROPN
ejge-7083	474	8	,	,	PUNCT
ejge-7083	474	9	l.	l.	PROPN
ejge-7083	474	10	,	,	PUNCT
ejge-7083	474	11	santos	santos	PROPN
ejge-7083	474	12	,	,	PUNCT
ejge-7083	474	13	t.	t.	PROPN
ejge-7083	474	14	(	(	PUNCT
ejge-7083	474	15	2013	2013	NUM
ejge-7083	474	16	)	)	PUNCT
ejge-7083	474	17	.	.	PUNCT
ejge-7083	475	1	political	political	ADJ
ejge-7083	475	2	credit	credit	NOUN
ejge-7083	475	3	cycles	cycle	NOUN
ejge-7083	475	4	:	:	PUNCT
ejge-7083	475	5	the	the	DET
ejge-7083	475	6	case	case	NOUN
ejge-7083	475	7	of	of	ADP
ejge-7083	475	8	the	the	DET
ejge-7083	475	9	eurozone	eurozone	PROPN
ejge-7083	475	10	.	.	PUNCT
ejge-7083	476	1	journal	journal	PROPN
ejge-7083	476	2	of	of	ADP
ejge-7083	476	3	economic	economic	ADJ
ejge-7083	476	4	perspectives	perspective	NOUN
ejge-7083	476	5	27(3	27(3	NUM
ejge-7083	476	6	):	):	PUNCT
ejge-7083	476	7	145	145	NUM
ejge-7083	476	8	-	-	SYM
ejge-7083	476	9	166	166	NUM
ejge-7083	476	10	.	.	PUNCT
ejge-7083	477	1	https://doi.org/10.3386/w18899	https://doi.org/10.3386/w18899	NOUN
ejge-7083	477	2	flannery	flannery	PROPN
ejge-7083	477	3	,	,	PUNCT
ejge-7083	477	4	m.j	m.j	PROPN
ejge-7083	477	5	.	.	PROPN
ejge-7083	477	6	(	(	PUNCT
ejge-7083	477	7	1981	1981	NUM
ejge-7083	477	8	)	)	PUNCT
ejge-7083	477	9	.	.	PUNCT
ejge-7083	478	1	market	market	NOUN
ejge-7083	478	2	interest	interest	NOUN
ejge-7083	478	3	rate	rate	NOUN
ejge-7083	478	4	and	and	CCONJ
ejge-7083	478	5	commercial	commercial	ADJ
ejge-7083	478	6	bank	bank	NOUN
ejge-7083	478	7	profitability	profitability	NOUN
ejge-7083	478	8	:	:	PUNCT
ejge-7083	478	9	an	an	DET
ejge-7083	478	10	empirical	empirical	ADJ
ejge-7083	478	11	investigation	investigation	NOUN
ejge-7083	478	12	.	.	PUNCT
ejge-7083	479	1	journal	journal	NOUN
ejge-7083	479	2	of	of	ADP
ejge-7083	479	3	finance	finance	NOUN
ejge-7083	479	4	36	36	NUM
ejge-7083	479	5	:	:	PUNCT
ejge-7083	479	6	1085	1085	NUM
ejge-7083	479	7	-	-	SYM
ejge-7083	479	8	1101	1101	NUM
ejge-7083	479	9	.	.	PUNCT
ejge-7083	480	1	https://doi.org/10.1111/j.15406261.1981.tb01078.x	https://doi.org/10.1111/j.15406261.1981.tb01078.x	PROPN
ejge-7083	480	2	garcia	garcia	PROPN
ejge-7083	480	3	-	-	PUNCT
ejge-7083	480	4	herrero	herrero	PROPN
ejge-7083	480	5	,	,	PUNCT
ejge-7083	480	6	a.	a.	NOUN
ejge-7083	480	7	,	,	PUNCT
ejge-7083	480	8	gavila	gavila	PROPN
ejge-7083	480	9	,	,	PUNCT
ejge-7083	480	10	s.	s.	PROPN
ejge-7083	480	11	,	,	PUNCT
ejge-7083	480	12	santabarbara	santabarbara	PROPN
ejge-7083	480	13	,	,	PUNCT
ejge-7083	480	14	d.	d.	PROPN
ejge-7083	480	15	(	(	PUNCT
ejge-7083	480	16	2009	2009	NUM
ejge-7083	480	17	)	)	PUNCT
ejge-7083	480	18	.	.	PUNCT
ejge-7083	481	1	what	what	PRON
ejge-7083	481	2	explains	explain	VERB
ejge-7083	481	3	the	the	DET
ejge-7083	481	4	low	low	ADJ
ejge-7083	481	5	profitability	profitability	NOUN
ejge-7083	481	6	of	of	ADP
ejge-7083	481	7	chinese	chinese	ADJ
ejge-7083	481	8	banks	bank	NOUN
ejge-7083	481	9	?	?	PUNCT
ejge-7083	482	1	journal	journal	NOUN
ejge-7083	482	2	of	of	ADP
ejge-7083	482	3	banking	banking	NOUN
ejge-7083	482	4	and	and	CCONJ
ejge-7083	482	5	finance	finance	NOUN
ejge-7083	482	6	3311	3311	NUM
ejge-7083	482	7	:	:	PUNCT
ejge-7083	482	8	2080–2092	2080–2092	NUM
ejge-7083	482	9	.	.	PUNCT
ejge-7083	483	1	https://doi.org/10.1016/j.jbankfin.2009.05.005	https://doi.org/10.1016/j.jbankfin.2009.05.005	PROPN
ejge-7083	483	2	gilbert	gilbert	PROPN
ejge-7083	483	3	,	,	PUNCT
ejge-7083	483	4	a.	a.	PROPN
ejge-7083	483	5	(	(	PUNCT
ejge-7083	483	6	1984	1984	NUM
ejge-7083	483	7	)	)	PUNCT
ejge-7083	483	8	.	.	PUNCT
ejge-7083	484	1	studies	study	NOUN
ejge-7083	484	2	of	of	ADP
ejge-7083	484	3	bank	bank	NOUN
ejge-7083	484	4	market	market	NOUN
ejge-7083	484	5	structure	structure	NOUN
ejge-7083	484	6	and	and	CCONJ
ejge-7083	484	7	competition	competition	NOUN
ejge-7083	484	8	.	.	PUNCT
ejge-7083	485	1	a	a	DET
ejge-7083	485	2	review	review	NOUN
ejge-7083	485	3	and	and	CCONJ
ejge-7083	485	4	evaluation	evaluation	NOUN
ejge-7083	485	5	.	.	PUNCT
ejge-7083	486	1	journal	journal	NOUN
ejge-7083	486	2	of	of	ADP
ejge-7083	486	3	money	money	NOUN
ejge-7083	486	4	,	,	PUNCT
ejge-7083	486	5	credit	credit	NOUN
ejge-7083	486	6	and	and	CCONJ
ejge-7083	486	7	banking	banking	NOUN
ejge-7083	486	8	164	164	NUM
ejge-7083	486	9	:	:	PUNCT
ejge-7083	487	1	617–644	617–644	NUM
ejge-7083	487	2	.	.	PUNCT
ejge-7083	487	3	https://doi.org/10.2307/1992096	https://doi.org/10.2307/1992096	PROPN
ejge-7083	487	4	granger	granger	PROPN
ejge-7083	487	5	,	,	PUNCT
ejge-7083	487	6	c.w.j	c.w.j	NOUN
ejge-7083	487	7	.	.	PUNCT
ejge-7083	487	8	,	,	PUNCT
ejge-7083	487	9	newbold	newbold	PROPN
ejge-7083	487	10	,	,	PUNCT
ejge-7083	487	11	p.	p.	NOUN
ejge-7083	487	12	(	(	PUNCT
ejge-7083	487	13	1974	1974	NUM
ejge-7083	487	14	)	)	PUNCT
ejge-7083	487	15	.	.	PUNCT
ejge-7083	488	1	spurious	spurious	ADJ
ejge-7083	488	2	regression	regression	NOUN
ejge-7083	488	3	in	in	ADP
ejge-7083	488	4	econometrics	econometrics	NOUN
ejge-7083	488	5	.	.	PUNCT
ejge-7083	489	1	journal	journal	NOUN
ejge-7083	489	2	of	of	ADP
ejge-7083	489	3	econometrics	econometric	NOUN
ejge-7083	489	4	2	2	NUM
ejge-7083	489	5	:	:	SYM
ejge-7083	489	6	111	111	NUM
ejge-7083	489	7	-	-	SYM
ejge-7083	489	8	120	120	NUM
ejge-7083	489	9	.	.	PUNCT
ejge-7083	490	1	https://doi.org/10.1016/0304-4076(74)90034-7	https://doi.org/10.1016/0304-4076(74)90034-7	NOUN
ejge-7083	490	2	heider	heider	NOUN
ejge-7083	490	3	,	,	PUNCT
ejge-7083	490	4	f.	f.	PROPN
ejge-7083	490	5	,	,	PUNCT
ejge-7083	490	6	saidi	saidi	PROPN
ejge-7083	490	7	,	,	PUNCT
ejge-7083	490	8	f.	f.	PROPN
ejge-7083	490	9	,	,	PUNCT
ejge-7083	490	10	schepens	schepens	PROPN
ejge-7083	490	11	,	,	PUNCT
ejge-7083	490	12	g.	g.	PROPN
ejge-7083	490	13	(	(	PUNCT
ejge-7083	490	14	2019	2019	NUM
ejge-7083	490	15	)	)	PUNCT
ejge-7083	490	16	.	.	PUNCT
ejge-7083	491	1	life	life	NOUN
ejge-7083	491	2	below	below	ADP
ejge-7083	491	3	zero	zero	NUM
ejge-7083	491	4	:	:	PUNCT
ejge-7083	491	5	bank	bank	NOUN
ejge-7083	491	6	lending	lending	NOUN
ejge-7083	491	7	under	under	ADP
ejge-7083	491	8	negative	negative	ADJ
ejge-7083	491	9	policy	policy	NOUN
ejge-7083	491	10	rates	rate	NOUN
ejge-7083	491	11	.	.	PUNCT
ejge-7083	492	1	the	the	DET
ejge-7083	492	2	review	review	NOUN
ejge-7083	492	3	of	of	ADP
ejge-7083	492	4	financial	financial	ADJ
ejge-7083	492	5	studies	study	NOUN
ejge-7083	492	6	32(10	32(10	NUM
ejge-7083	492	7	):	):	PUNCT
ejge-7083	492	8	3728	3728	NUM
ejge-7083	492	9	-	-	PUNCT
ejge-7083	492	10	3761	3761	NUM
ejge-7083	492	11	.	.	PUNCT
ejge-7083	493	1	https://doi.org/10.1093/rfs/hhz016	https://doi.org/10.1093/rfs/hhz016	PROPN
ejge-7083	493	2	ho	ho	PROPN
ejge-7083	493	3	,	,	PUNCT
ejge-7083	493	4	t.s.y	t.s.y	NOUN
ejge-7083	493	5	.	.	PUNCT
ejge-7083	493	6	,	,	PUNCT
ejge-7083	493	7	saunders	saunder	NOUN
ejge-7083	493	8	,	,	PUNCT
ejge-7083	493	9	a.	a.	NOUN
ejge-7083	493	10	(	(	PUNCT
ejge-7083	493	11	1981	1981	NUM
ejge-7083	493	12	)	)	PUNCT
ejge-7083	493	13	.	.	PUNCT
ejge-7083	494	1	the	the	DET
ejge-7083	494	2	determinants	determinant	NOUN
ejge-7083	494	3	of	of	ADP
ejge-7083	494	4	bank	bank	NOUN
ejge-7083	494	5	interest	interest	NOUN
ejge-7083	494	6	margins	margin	NOUN
ejge-7083	494	7	:	:	PUNCT
ejge-7083	494	8	theory	theory	NOUN
ejge-7083	494	9	and	and	CCONJ
ejge-7083	494	10	empirical	empirical	ADJ
ejge-7083	494	11	evidence	evidence	NOUN
ejge-7083	494	12	.	.	PUNCT
ejge-7083	495	1	journal	journal	NOUN
ejge-7083	495	2	of	of	ADP
ejge-7083	495	3	financial	financial	ADJ
ejge-7083	495	4	and	and	CCONJ
ejge-7083	495	5	quantitative	quantitative	ADJ
ejge-7083	495	6	analysis	analysis	NOUN
ejge-7083	495	7	16	16	NUM
ejge-7083	495	8	:	:	PUNCT
ejge-7083	495	9	581	581	NUM
ejge-7083	495	10	-	-	SYM
ejge-7083	495	11	600	600	NUM
ejge-7083	495	12	.	.	PUNCT
ejge-7083	496	1	https://doi.org/10.2307/2330377	https://doi.org/10.2307/2330377	PROPN
ejge-7083	496	2	hoffman	hoffman	PROPN
ejge-7083	496	3	,	,	PUNCT
ejge-7083	496	4	m.	m.	NOUN
ejge-7083	496	5	,	,	PUNCT
ejge-7083	496	6	sorensen	sorensen	PROPN
ejge-7083	496	7	,	,	PUNCT
ejge-7083	496	8	b.e	b.e	PROPN
ejge-7083	496	9	.	.	PROPN
ejge-7083	496	10	(	(	PUNCT
ejge-7083	496	11	2015	2015	NUM
ejge-7083	496	12	)	)	PUNCT
ejge-7083	496	13	.	.	PUNCT
ejge-7083	497	1	small	small	ADJ
ejge-7083	497	2	firms	firm	NOUN
ejge-7083	497	3	and	and	CCONJ
ejge-7083	497	4	domestic	domestic	ADJ
ejge-7083	497	5	bank	bank	NOUN
ejge-7083	497	6	dependence	dependence	NOUN
ejge-7083	497	7	in	in	ADP
ejge-7083	497	8	europe	europe	PROPN
ejge-7083	497	9	's	's	PART
ejge-7083	497	10	great	great	ADJ
ejge-7083	497	11	recession	recession	NOUN
ejge-7083	497	12	.	.	PUNCT
ejge-7083	498	1	european	european	ADJ
ejge-7083	498	2	comission	comission	PROPN
ejge-7083	498	3	,	,	PUNCT
ejge-7083	498	4	european	european	ADJ
ejge-7083	498	5	economy	economy	NOUN
ejge-7083	498	6	discussion	discussion	NOUN
ejge-7083	498	7	paper	paper	NOUN
ejge-7083	498	8	12	12	NUM
ejge-7083	498	9	:	:	SYM
ejge-7083	498	10	5	5	NUM
ejge-7083	498	11	–	–	PUNCT
ejge-7083	498	12	35	35	NUM
ejge-7083	498	13	.	.	PUNCT
ejge-7083	499	1	hylleberg	hylleberg	PROPN
ejge-7083	499	2	,	,	PUNCT
ejge-7083	499	3	s.	s.	PROPN
ejge-7083	499	4	,	,	PUNCT
ejge-7083	499	5	engle	engle	PROPN
ejge-7083	499	6	,	,	PUNCT
ejge-7083	499	7	r.f	r.f	PROPN
ejge-7083	499	8	.	.	PROPN
ejge-7083	499	9	,	,	PUNCT
ejge-7083	499	10	granger	granger	PROPN
ejge-7083	499	11	,	,	PUNCT
ejge-7083	499	12	c.w.j	c.w.j	NOUN
ejge-7083	499	13	.	.	PUNCT
ejge-7083	499	14	,	,	PUNCT
ejge-7083	499	15	yoo	yoo	PROPN
ejge-7083	499	16	,	,	PUNCT
ejge-7083	499	17	b.s	b.s	PROPN
ejge-7083	499	18	.	.	PROPN
ejge-7083	499	19	(	(	PUNCT
ejge-7083	499	20	1990	1990	NUM
ejge-7083	499	21	)	)	PUNCT
ejge-7083	499	22	.	.	PUNCT
ejge-7083	500	1	seasonal	seasonal	ADJ
ejge-7083	500	2	integration	integration	NOUN
ejge-7083	500	3	and	and	CCONJ
ejge-7083	500	4	cointegration	cointegration	NOUN
ejge-7083	500	5	.	.	PUNCT
ejge-7083	501	1	journal	journal	NOUN
ejge-7083	501	2	of	of	ADP
ejge-7083	501	3	econometrics	econometric	NOUN
ejge-7083	501	4	44	44	NUM
ejge-7083	501	5	:	:	PUNCT
ejge-7083	501	6	215	215	NUM
ejge-7083	501	7	-	-	SYM
ejge-7083	501	8	238	238	NUM
ejge-7083	501	9	.	.	PUNCT
ejge-7083	502	1	https://doi.org/10.1016/03044076(90)90080-d	https://doi.org/10.1016/03044076(90)90080-d	PROPN
ejge-7083	502	2	jimeno	jimeno	PROPN
ejge-7083	502	3	,	,	PUNCT
ejge-7083	502	4	j.f	j.f	PROPN
ejge-7083	502	5	.	.	PROPN
ejge-7083	502	6	,	,	PUNCT
ejge-7083	502	7	santos	santos	PROPN
ejge-7083	502	8	,	,	PUNCT
ejge-7083	502	9	t.	t.	PROPN
ejge-7083	502	10	(	(	PUNCT
ejge-7083	502	11	2014	2014	NUM
ejge-7083	502	12	)	)	PUNCT
ejge-7083	502	13	.	.	PUNCT
ejge-7083	503	1	the	the	DET
ejge-7083	503	2	crisis	crisis	NOUN
ejge-7083	503	3	of	of	ADP
ejge-7083	503	4	the	the	DET
ejge-7083	503	5	spanish	spanish	ADJ
ejge-7083	503	6	economy	economy	NOUN
ejge-7083	503	7	.	.	PUNCT
ejge-7083	504	1	series	series	PROPN
ejge-7083	504	2	5	5	NUM
ejge-7083	504	3	:	:	SYM
ejge-7083	504	4	125	125	NUM
ejge-7083	504	5	-	-	SYM
ejge-7083	504	6	141	141	NUM
ejge-7083	504	7	.	.	PUNCT
ejge-7083	505	1	https://doi.org/10.1007/s13209-014-0116-8	https://doi.org/10.1007/s13209-014-0116-8	PROPN
ejge-7083	505	2	klemperer	klemper	ADJ
ejge-7083	505	3	,	,	PUNCT
ejge-7083	505	4	p.	p.	NOUN
ejge-7083	505	5	(	(	PUNCT
ejge-7083	505	6	1987	1987	NUM
ejge-7083	505	7	)	)	PUNCT
ejge-7083	505	8	.	.	PUNCT
ejge-7083	506	1	markets	market	NOUN
ejge-7083	506	2	with	with	ADP
ejge-7083	506	3	consumer	consumer	NOUN
ejge-7083	506	4	switching	switching	NOUN
ejge-7083	506	5	costs	cost	NOUN
ejge-7083	506	6	.	.	PUNCT
ejge-7083	507	1	the	the	DET
ejge-7083	507	2	quarterly	quarterly	ADJ
ejge-7083	507	3	journal	journal	NOUN
ejge-7083	507	4	of	of	ADP
ejge-7083	507	5	economics	economics	PROPN
ejge-7083	507	6	1022	1022	NUM
ejge-7083	507	7	:	:	PUNCT
ejge-7083	507	8	375	375	NUM
ejge-7083	507	9	-	-	SYM
ejge-7083	507	10	394	394	NUM
ejge-7083	507	11	.	.	PUNCT
ejge-7083	508	1	https://doi.org/10.2307/1885068	https://doi.org/10.2307/1885068	PROPN
ejge-7083	508	2	kumbhakar	kumbhakar	PROPN
ejge-7083	508	3	,	,	PUNCT
ejge-7083	508	4	s.	s.	PROPN
ejge-7083	508	5	,	,	PUNCT
ejge-7083	508	6	lozano	lozano	PROPN
ejge-7083	508	7	-	-	PUNCT
ejge-7083	508	8	vivas	vivas	PROPN
ejge-7083	508	9	,	,	PUNCT
ejge-7083	508	10	a.	a.	NOUN
ejge-7083	508	11	(	(	PUNCT
ejge-7083	508	12	2004	2004	NUM
ejge-7083	508	13	)	)	PUNCT
ejge-7083	508	14	.	.	PUNCT
ejge-7083	509	1	does	do	AUX
ejge-7083	509	2	deregulation	deregulation	NOUN
ejge-7083	509	3	make	make	VERB
ejge-7083	509	4	markets	market	NOUN
ejge-7083	509	5	more	more	ADV
ejge-7083	509	6	competitive	competitive	ADJ
ejge-7083	509	7	?	?	PUNCT
ejge-7083	510	1	evidence	evidence	NOUN
ejge-7083	510	2	of	of	ADP
ejge-7083	510	3	mark	mark	NOUN
ejge-7083	510	4	-	-	PUNCT
ejge-7083	510	5	ups	up	NOUN
ejge-7083	510	6	in	in	ADP
ejge-7083	510	7	spanish	spanish	ADJ
ejge-7083	510	8	savings	saving	NOUN
ejge-7083	510	9	banks	bank	NOUN
ejge-7083	510	10	.	.	PUNCT
ejge-7083	511	1	applied	apply	VERB
ejge-7083	511	2	financial	financial	ADJ
ejge-7083	511	3	economics	economic	NOUN
ejge-7083	511	4	14	14	NUM
ejge-7083	511	5	:	:	PUNCT
ejge-7083	511	6	507	507	NUM
ejge-7083	511	7	-	-	SYM
ejge-7083	511	8	515	515	NUM
ejge-7083	511	9	.	.	PUNCT
ejge-7083	512	1	https://doi.org/10.1080/0960310042000216060	https://doi.org/10.1080/0960310042000216060	ADP
ejge-7083	512	2	https://doi.org/10.1016/j.jimonfin.2020.102338	https://doi.org/10.1016/j.jimonfin.2020.102338	PROPN
ejge-7083	512	3	https://doi.org/10.1257/jep.32.4.147	https://doi.org/10.1257/jep.32.4.147	PROPN
ejge-7083	512	4	https://doi.org/10.1596/1813-9450-1900	https://doi.org/10.1596/1813-9450-1900	PROPN
ejge-7083	512	5	https://doi.org/10.1080/01621459.1979.10482531	https://doi.org/10.1080/01621459.1979.10482531	PUNCT
ejge-7083	512	6	https://doi.org/10.1080/07350015.1987.10509614	https://doi.org/10.1080/07350015.1987.10509614	PROPN
ejge-7083	512	7	https://doi.org/10.1016/j.intfin.2010.11.002	https://doi.org/10.1016/j.intfin.2010.11.002	PROPN
ejge-7083	512	8	https://doi.org/10.1016/j.qref.2014.03.001	https://doi.org/10.1016/j.qref.2014.03.001	NOUN
ejge-7083	512	9	https://doi.org/10.1002/rfe.1016	https://doi.org/10.1002/rfe.1016	PROPN
ejge-7083	512	10	https://doi.org/10.3386/w18899	https://doi.org/10.3386/w18899	NUM
ejge-7083	512	11	https://doi.org/10.1111/j.1540-6261.1981.tb01078.x	https://doi.org/10.1111/j.1540-6261.1981.tb01078.x	NOUN
ejge-7083	513	1	https://doi.org/10.1111/j.1540-6261.1981.tb01078.x	https://doi.org/10.1111/j.1540-6261.1981.tb01078.x	NOUN
ejge-7083	513	2	https://doi.org/10.1016/j.jbankfin.2009.05.005	https://doi.org/10.1016/j.jbankfin.2009.05.005	NOUN
ejge-7083	513	3	https://doi.org/10.2307/1992096	https://doi.org/10.2307/1992096	VERB
ejge-7083	514	1	https://doi.org/10.1016/0304-4076(74)90034-7	https://doi.org/10.1016/0304-4076(74)90034-7	PUNCT
ejge-7083	514	2	https://doi.org/10.1093/rfs/hhz016	https://doi.org/10.1093/rfs/hhz016	PROPN
ejge-7083	514	3	https://doi.org/10.2307/2330377	https://doi.org/10.2307/2330377	NOUN
ejge-7083	514	4	https://doi.org/10.1016/0304-4076(90)90080-d	https://doi.org/10.1016/0304-4076(90)90080-d	VERB
ejge-7083	514	5	https://doi.org/10.1016/0304-4076(90)90080-d	https://doi.org/10.1016/0304-4076(90)90080-d	NOUN
ejge-7083	514	6	https://doi.org/10.1007/s13209-014-0116-8	https://doi.org/10.1007/s13209-014-0116-8	PROPN
ejge-7083	514	7	https://doi.org/10.2307/1885068	https://doi.org/10.2307/1885068	PROPN
ejge-7083	514	8	https://doi.org/10.1080/0960310042000216060	https://doi.org/10.1080/0960310042000216060	ADP
ejge-7083	514	9	david	david	PROPN
ejge-7083	514	10	boto	boto	PROPN
ejge-7083	514	11	-	-	PUNCT
ejge-7083	514	12	garcía	garcía	VERB
ejge-7083	514	13	et	et	PROPN
ejge-7083	514	14	al	al	PROPN
ejge-7083	514	15	.	.	PUNCT
ejge-7083	514	16	/	/	SYM
ejge-7083	514	17	european	european	PROPN
ejge-7083	514	18	journal	journal	PROPN
ejge-7083	514	19	of	of	ADP
ejge-7083	514	20	government	government	NOUN
ejge-7083	514	21	and	and	CCONJ
ejge-7083	514	22	economics	economic	NOUN
ejge-7083	514	23	10(1	10(1	NUM
ejge-7083	514	24	)	)	PUNCT
ejge-7083	514	25	,	,	PUNCT
ejge-7083	514	26	june	june	PROPN
ejge-7083	514	27	2021	2021	NUM
ejge-7083	514	28	,	,	PUNCT
ejge-7083	514	29	5	5	NUM
ejge-7083	514	30	-	-	SYM
ejge-7083	514	31	29	29	NUM
ejge-7083	514	32	25	25	NUM
ejge-7083	514	33	kumbhakar	kumbhakar	NOUN
ejge-7083	514	34	,	,	PUNCT
ejge-7083	514	35	s.	s.	PROPN
ejge-7083	514	36	,	,	PUNCT
ejge-7083	514	37	lozano	lozano	PROPN
ejge-7083	514	38	-	-	PUNCT
ejge-7083	514	39	vivas	vivas	PROPN
ejge-7083	514	40	,	,	PUNCT
ejge-7083	514	41	a.	a.	NOUN
ejge-7083	514	42	,	,	PUNCT
ejge-7083	514	43	lovell	lovell	PROPN
ejge-7083	514	44	,	,	PUNCT
ejge-7083	514	45	c.a.k	c.a.k	PROPN
ejge-7083	514	46	.	.	PROPN
ejge-7083	514	47	,	,	PUNCT
ejge-7083	514	48	&	&	CCONJ
ejge-7083	514	49	hasan	hasan	PROPN
ejge-7083	514	50	,	,	PUNCT
ejge-7083	514	51	i.	i.	PROPN
ejge-7083	514	52	(	(	PUNCT
ejge-7083	514	53	2001	2001	NUM
ejge-7083	514	54	)	)	PUNCT
ejge-7083	514	55	.	.	PUNCT
ejge-7083	515	1	the	the	DET
ejge-7083	515	2	effects	effect	NOUN
ejge-7083	515	3	of	of	ADP
ejge-7083	515	4	deregulation	deregulation	NOUN
ejge-7083	515	5	on	on	ADP
ejge-7083	515	6	the	the	DET
ejge-7083	515	7	performance	performance	NOUN
ejge-7083	515	8	of	of	ADP
ejge-7083	515	9	financial	financial	ADJ
ejge-7083	515	10	institutions	institution	NOUN
ejge-7083	515	11	:	:	PUNCT
ejge-7083	515	12	the	the	DET
ejge-7083	515	13	case	case	NOUN
ejge-7083	515	14	of	of	ADP
ejge-7083	515	15	spanish	spanish	ADJ
ejge-7083	515	16	savings	saving	NOUN
ejge-7083	515	17	banks	bank	NOUN
ejge-7083	515	18	.	.	PUNCT
ejge-7083	516	1	journal	journal	PROPN
ejge-7083	516	2	of	of	ADP
ejge-7083	516	3	money	money	NOUN
ejge-7083	516	4	,	,	PUNCT
ejge-7083	516	5	credit	credit	NOUN
ejge-7083	516	6	,	,	PUNCT
ejge-7083	516	7	and	and	CCONJ
ejge-7083	516	8	banking	bank	VERB
ejge-7083	516	9	331	331	NUM
ejge-7083	516	10	:	:	PUNCT
ejge-7083	516	11	101	101	NUM
ejge-7083	516	12	-	-	SYM
ejge-7083	516	13	120	120	NUM
ejge-7083	516	14	.	.	PUNCT
ejge-7083	516	15	https://doi.org/10.2307/2673874	https://doi.org/10.2307/2673874	PUNCT
ejge-7083	517	1	lambert	lambert	PROPN
ejge-7083	517	2	,	,	PUNCT
ejge-7083	517	3	f.	f.	PROPN
ejge-7083	517	4	,	,	PUNCT
ejge-7083	517	5	ueda	ueda	PROPN
ejge-7083	517	6	,	,	PUNCT
ejge-7083	517	7	k.	k.	PROPN
ejge-7083	517	8	(	(	PUNCT
ejge-7083	517	9	2014	2014	NUM
ejge-7083	517	10	)	)	PUNCT
ejge-7083	517	11	.	.	PUNCT
ejge-7083	518	1	the	the	DET
ejge-7083	518	2	effects	effect	NOUN
ejge-7083	518	3	of	of	ADP
ejge-7083	518	4	unconventional	unconventional	ADJ
ejge-7083	518	5	monetary	monetary	ADJ
ejge-7083	518	6	policies	policy	NOUN
ejge-7083	518	7	on	on	ADP
ejge-7083	518	8	bank	bank	NOUN
ejge-7083	518	9	soundness	soundness	NOUN
ejge-7083	518	10	.	.	PUNCT
ejge-7083	519	1	imf	imf	PROPN
ejge-7083	519	2	working	working	PROPN
ejge-7083	519	3	paper	paper	NOUN
ejge-7083	519	4	.	.	PUNCT
ejge-7083	520	1	https://doi.org/10.5089/9781498363563.001	https://doi.org/10.5089/9781498363563.001	PRON
ejge-7083	520	2	lópez	lópez	PROPN
ejge-7083	520	3	,	,	PUNCT
ejge-7083	520	4	j.a	j.a	PROPN
ejge-7083	520	5	.	.	PROPN
ejge-7083	520	6	,	,	PUNCT
ejge-7083	520	7	rose	rise	VERB
ejge-7083	520	8	,	,	PUNCT
ejge-7083	520	9	a.k	a.k	PROPN
ejge-7083	520	10	.	.	PROPN
ejge-7083	520	11	,	,	PUNCT
ejge-7083	520	12	spiegel	spiegel	PROPN
ejge-7083	520	13	,	,	PUNCT
ejge-7083	520	14	m.m	m.m	PROPN
ejge-7083	520	15	.	.	PROPN
ejge-7083	520	16	(	(	PUNCT
ejge-7083	520	17	2020	2020	NUM
ejge-7083	520	18	)	)	PUNCT
ejge-7083	520	19	.	.	PUNCT
ejge-7083	521	1	why	why	SCONJ
ejge-7083	521	2	have	have	AUX
ejge-7083	521	3	negative	negative	ADJ
ejge-7083	521	4	nominal	nominal	ADJ
ejge-7083	521	5	interest	interest	NOUN
ejge-7083	521	6	rates	rate	NOUN
ejge-7083	521	7	had	have	VERB
ejge-7083	521	8	such	such	DET
ejge-7083	521	9	a	a	DET
ejge-7083	521	10	small	small	ADJ
ejge-7083	521	11	effect	effect	NOUN
ejge-7083	521	12	on	on	ADP
ejge-7083	521	13	bank	bank	NOUN
ejge-7083	521	14	performance	performance	NOUN
ejge-7083	521	15	?	?	PUNCT
ejge-7083	522	1	cross	cross	NOUN
ejge-7083	522	2	country	country	NOUN
ejge-7083	522	3	evidence	evidence	NOUN
ejge-7083	522	4	.	.	PUNCT
ejge-7083	523	1	european	european	ADJ
ejge-7083	523	2	economic	economic	ADJ
ejge-7083	523	3	review	review	PROPN
ejge-7083	523	4	forthcoming	forthcoming	ADJ
ejge-7083	523	5	.	.	PUNCT
ejge-7083	524	1	https://doi.org/10.1016/j.euroecorev.2020.103402	https://doi.org/10.1016/j.euroecorev.2020.103402	PROPN
ejge-7083	524	2	llorens	lloren	NOUN
ejge-7083	524	3	,	,	PUNCT
ejge-7083	524	4	v.	v.	ADV
ejge-7083	524	5	,	,	PUNCT
ejge-7083	524	6	martín	martín	NOUN
ejge-7083	524	7	-	-	PUNCT
ejge-7083	524	8	oliver	oliver	PROPN
ejge-7083	524	9	,	,	PUNCT
ejge-7083	524	10	a.	a.	PROPN
ejge-7083	524	11	,	,	PUNCT
ejge-7083	524	12	salas	salas	NOUN
ejge-7083	524	13	-	-	PUNCT
ejge-7083	524	14	fumas	fumas	PROPN
ejge-7083	524	15	,	,	PUNCT
ejge-7083	524	16	v.	v.	PROPN
ejge-7083	524	17	(	(	PUNCT
ejge-7083	524	18	2020	2020	NUM
ejge-7083	524	19	)	)	PUNCT
ejge-7083	524	20	.	.	PUNCT
ejge-7083	525	1	productivity	productivity	NOUN
ejge-7083	525	2	,	,	PUNCT
ejge-7083	525	3	competition	competition	NOUN
ejge-7083	525	4	and	and	CCONJ
ejge-7083	525	5	bank	bank	NOUN
ejge-7083	525	6	restructuring	restructuring	NOUN
ejge-7083	525	7	process	process	NOUN
ejge-7083	525	8	.	.	PUNCT
ejge-7083	526	1	series	series	PROPN
ejge-7083	526	2	11	11	NUM
ejge-7083	526	3	:	:	PUNCT
ejge-7083	526	4	313	313	NUM
ejge-7083	526	5	-	-	SYM
ejge-7083	526	6	340	340	NUM
ejge-7083	526	7	.	.	PUNCT
ejge-7083	527	1	https://doi.org/10.1007/s13209-020-00214-4	https://doi.org/10.1007/s13209-020-00214-4	PROPN
ejge-7083	527	2	mamatzakis	mamatzakis	PROPN
ejge-7083	527	3	,	,	PUNCT
ejge-7083	527	4	e.	e.	PROPN
ejge-7083	527	5	,	,	PUNCT
ejge-7083	527	6	bermpei	bermpei	PROPN
ejge-7083	527	7	,	,	PUNCT
ejge-7083	527	8	t.	t.	PROPN
ejge-7083	527	9	(	(	PUNCT
ejge-7083	527	10	2016	2016	NUM
ejge-7083	527	11	)	)	PUNCT
ejge-7083	527	12	.	.	PUNCT
ejge-7083	528	1	what	what	PRON
ejge-7083	528	2	is	be	AUX
ejge-7083	528	3	the	the	DET
ejge-7083	528	4	effect	effect	NOUN
ejge-7083	528	5	of	of	ADP
ejge-7083	528	6	unconventional	unconventional	ADJ
ejge-7083	528	7	monetary	monetary	ADJ
ejge-7083	528	8	policy	policy	NOUN
ejge-7083	528	9	on	on	ADP
ejge-7083	528	10	bank	bank	NOUN
ejge-7083	528	11	performance	performance	NOUN
ejge-7083	528	12	?	?	PUNCT
ejge-7083	529	1	journal	journal	NOUN
ejge-7083	529	2	of	of	ADP
ejge-7083	529	3	international	international	ADJ
ejge-7083	529	4	money	money	NOUN
ejge-7083	529	5	and	and	CCONJ
ejge-7083	529	6	finance	finance	NOUN
ejge-7083	529	7	67	67	NUM
ejge-7083	529	8	:	:	SYM
ejge-7083	529	9	239	239	NUM
ejge-7083	529	10	-	-	SYM
ejge-7083	529	11	263	263	NUM
ejge-7083	529	12	.	.	PUNCT
ejge-7083	530	1	https://doi.org/10.1016/j.jimonfin.2016.05.005	https://doi.org/10.1016/j.jimonfin.2016.05.005	PROPN
ejge-7083	530	2	martin	martin	PROPN
ejge-7083	530	3	,	,	PUNCT
ejge-7083	530	4	a.	a.	NOUN
ejge-7083	530	5	,	,	PUNCT
ejge-7083	530	6	moral	moral	ADJ
ejge-7083	530	7	-	-	PUNCT
ejge-7083	530	8	benito	benito	NOUN
ejge-7083	530	9	,	,	PUNCT
ejge-7083	530	10	e.	e.	PROPN
ejge-7083	530	11	,	,	PUNCT
ejge-7083	530	12	schmitz	schmitz	PROPN
ejge-7083	530	13	,	,	PUNCT
ejge-7083	530	14	t.	t.	PROPN
ejge-7083	530	15	(	(	PUNCT
ejge-7083	530	16	2020	2020	NUM
ejge-7083	530	17	)	)	PUNCT
ejge-7083	530	18	.	.	PUNCT
ejge-7083	531	1	the	the	DET
ejge-7083	531	2	financial	financial	ADJ
ejge-7083	531	3	transmission	transmission	NOUN
ejge-7083	531	4	of	of	ADP
ejge-7083	531	5	housing	housing	NOUN
ejge-7083	531	6	booms	boom	NOUN
ejge-7083	531	7	:	:	PUNCT
ejge-7083	531	8	evidence	evidence	NOUN
ejge-7083	531	9	from	from	ADP
ejge-7083	531	10	spain	spain	PROPN
ejge-7083	531	11	.	.	PUNCT
ejge-7083	532	1	american	american	PROPN
ejge-7083	532	2	economic	economic	PROPN
ejge-7083	532	3	review	review	PROPN
ejge-7083	532	4	,	,	PUNCT
ejge-7083	532	5	forthcoming	forthcoming	ADJ
ejge-7083	532	6	.	.	PUNCT
ejge-7083	533	1	https://doi.org/	https://doi.org/	NOUN
ejge-7083	533	2	10.1257	10.1257	NUM
ejge-7083	533	3	/	/	SYM
ejge-7083	533	4	aer.20191410	aer.20191410	NUM
ejge-7083	533	5	molyneux	molyneux	PROPN
ejge-7083	533	6	,	,	PUNCT
ejge-7083	533	7	p.	p.	PROPN
ejge-7083	533	8	,	,	PUNCT
ejge-7083	533	9	thornton	thornton	PROPN
ejge-7083	533	10	,	,	PUNCT
ejge-7083	533	11	j.	j.	PROPN
ejge-7083	533	12	(	(	PUNCT
ejge-7083	533	13	1992	1992	NUM
ejge-7083	533	14	)	)	PUNCT
ejge-7083	533	15	.	.	PUNCT
ejge-7083	534	1	determinants	determinant	NOUN
ejge-7083	534	2	of	of	ADP
ejge-7083	534	3	european	european	PROPN
ejge-7083	534	4	bank	bank	PROPN
ejge-7083	534	5	profitability	profitability	NOUN
ejge-7083	534	6	,	,	PUNCT
ejge-7083	534	7	a	a	DET
ejge-7083	534	8	note	note	NOUN
ejge-7083	534	9	.	.	PUNCT
ejge-7083	535	1	journal	journal	NOUN
ejge-7083	535	2	of	of	ADP
ejge-7083	535	3	banking	banking	NOUN
ejge-7083	535	4	and	and	CCONJ
ejge-7083	535	5	finance	finance	NOUN
ejge-7083	535	6	16	16	NUM
ejge-7083	535	7	:	:	PUNCT
ejge-7083	535	8	1173	1173	NUM
ejge-7083	535	9	-	-	SYM
ejge-7083	535	10	1178	1178	NUM
ejge-7083	535	11	.	.	PUNCT
ejge-7083	536	1	https://doi.org/10.1016/0378-4266(92)90065-8	https://doi.org/10.1016/0378-4266(92)90065-8	PROPN
ejge-7083	536	2	molyneux	molyneux	PROPN
ejge-7083	536	3	,	,	PUNCT
ejge-7083	536	4	p.	p.	PROPN
ejge-7083	536	5	,	,	PUNCT
ejge-7083	536	6	reghezza	reghezza	NOUN
ejge-7083	536	7	,	,	PUNCT
ejge-7083	536	8	a.	a.	NOUN
ejge-7083	536	9	,	,	PUNCT
ejge-7083	536	10	thornton	thornton	PROPN
ejge-7083	536	11	,	,	PUNCT
ejge-7083	536	12	j.	j.	PROPN
ejge-7083	536	13	,	,	PUNCT
ejge-7083	536	14	xie	xie	PROPN
ejge-7083	536	15	,	,	PUNCT
ejge-7083	536	16	r.	r.	PROPN
ejge-7083	536	17	(	(	PUNCT
ejge-7083	536	18	2020a	2020a	NUM
ejge-7083	536	19	)	)	PUNCT
ejge-7083	536	20	.	.	PUNCT
ejge-7083	537	1	did	do	AUX
ejge-7083	537	2	negative	negative	ADJ
ejge-7083	537	3	interest	interest	NOUN
ejge-7083	537	4	rates	rate	NOUN
ejge-7083	537	5	improve	improve	VERB
ejge-7083	537	6	bank	bank	NOUN
ejge-7083	537	7	lending	lending	NOUN
ejge-7083	537	8	?	?	PUNCT
ejge-7083	538	1	journal	journal	NOUN
ejge-7083	538	2	of	of	ADP
ejge-7083	538	3	financial	financial	ADJ
ejge-7083	538	4	services	service	NOUN
ejge-7083	538	5	research	research	VERB
ejge-7083	538	6	57	57	NUM
ejge-7083	538	7	:	:	PUNCT
ejge-7083	538	8	51	51	NUM
ejge-7083	538	9	-	-	SYM
ejge-7083	538	10	68	68	NUM
ejge-7083	538	11	.	.	PUNCT
ejge-7083	539	1	https://doi.org/	https://doi.org/	VERB
ejge-7083	539	2	10.1007	10.1007	NUM
ejge-7083	539	3	/	/	SYM
ejge-7083	539	4	s10693	s10693	NOUN
ejge-7083	539	5	-	-	PUNCT
ejge-7083	539	6	019	019	NUM
ejge-7083	539	7	-	-	PUNCT
ejge-7083	539	8	00322	00322	NUM
ejge-7083	539	9	-	-	SYM
ejge-7083	539	10	8	8	NUM
ejge-7083	539	11	molyneux	molyneux	PROPN
ejge-7083	539	12	,	,	PUNCT
ejge-7083	539	13	p.	p.	PROPN
ejge-7083	539	14	,	,	PUNCT
ejge-7083	539	15	reghezza	reghezza	NOUN
ejge-7083	539	16	,	,	PUNCT
ejge-7083	539	17	a.	a.	NOUN
ejge-7083	539	18	,	,	PUNCT
ejge-7083	539	19	torriero	torriero	PROPN
ejge-7083	539	20	,	,	PUNCT
ejge-7083	539	21	c.	c.	PROPN
ejge-7083	539	22	,	,	PUNCT
ejge-7083	539	23	williams	williams	PROPN
ejge-7083	539	24	,	,	PUNCT
ejge-7083	539	25	j.	j.	PROPN
ejge-7083	539	26	(	(	PUNCT
ejge-7083	539	27	2020b	2020b	NUM
ejge-7083	539	28	)	)	PUNCT
ejge-7083	539	29	.	.	PUNCT
ejge-7083	540	1	banks	bank	NOUN
ejge-7083	540	2	'	'	PART
ejge-7083	540	3	noninterest	noninter	ADJ
ejge-7083	540	4	income	income	NOUN
ejge-7083	540	5	and	and	CCONJ
ejge-7083	540	6	securities	security	NOUN
ejge-7083	540	7	holding	hold	VERB
ejge-7083	540	8	in	in	ADP
ejge-7083	540	9	a	a	DET
ejge-7083	540	10	low	low	ADJ
ejge-7083	540	11	interest	interest	NOUN
ejge-7083	540	12	rate	rate	NOUN
ejge-7083	540	13	environment	environment	NOUN
ejge-7083	540	14	:	:	PUNCT
ejge-7083	540	15	the	the	DET
ejge-7083	540	16	case	case	NOUN
ejge-7083	540	17	of	of	ADP
ejge-7083	540	18	italy	italy	PROPN
ejge-7083	540	19	.	.	PUNCT
ejge-7083	541	1	european	european	ADJ
ejge-7083	541	2	financial	financial	ADJ
ejge-7083	541	3	management	management	NOUN
ejge-7083	541	4	,	,	PUNCT
ejge-7083	541	5	forthcoming	forthcoming	ADJ
ejge-7083	541	6	.	.	PUNCT
ejge-7083	542	1	https://doi.org/10.1111/eufm.12268	https://doi.org/10.1111/eufm.12268	PROPN
ejge-7083	542	2	molyneux	molyneux	PROPN
ejge-7083	542	3	,	,	PUNCT
ejge-7083	542	4	p.	p.	PROPN
ejge-7083	542	5	,	,	PUNCT
ejge-7083	542	6	reghezza	reghezza	NOUN
ejge-7083	542	7	,	,	PUNCT
ejge-7083	542	8	a.	a.	PROPN
ejge-7083	542	9	,	,	PUNCT
ejge-7083	542	10	xie	xie	PROPN
ejge-7083	542	11	,	,	PUNCT
ejge-7083	542	12	r.	r.	PROPN
ejge-7083	542	13	(	(	PUNCT
ejge-7083	542	14	2019	2019	NUM
ejge-7083	542	15	)	)	PUNCT
ejge-7083	542	16	.	.	PUNCT
ejge-7083	543	1	bank	bank	NOUN
ejge-7083	543	2	margins	margin	NOUN
ejge-7083	543	3	and	and	CCONJ
ejge-7083	543	4	profits	profit	NOUN
ejge-7083	543	5	in	in	ADP
ejge-7083	543	6	a	a	DET
ejge-7083	543	7	world	world	NOUN
ejge-7083	543	8	of	of	ADP
ejge-7083	543	9	negative	negative	ADJ
ejge-7083	543	10	rates	rate	NOUN
ejge-7083	543	11	.	.	PUNCT
ejge-7083	544	1	journal	journal	NOUN
ejge-7083	544	2	of	of	ADP
ejge-7083	544	3	banking	banking	NOUN
ejge-7083	544	4	and	and	CCONJ
ejge-7083	544	5	finance	finance	NOUN
ejge-7083	544	6	,	,	PUNCT
ejge-7083	544	7	forthcoming	forthcoming	ADJ
ejge-7083	544	8	.	.	PUNCT
ejge-7083	545	1	https://doi.org/10.1016/j.jbankfin	https://doi.org/10.1016/j.jbankfin	PROPN
ejge-7083	545	2	.2019.105613	.2019.105613	PROPN
ejge-7083	545	3	newey	newey	PROPN
ejge-7083	545	4	,	,	PUNCT
ejge-7083	545	5	w.k	w.k	PROPN
ejge-7083	545	6	.	.	PROPN
ejge-7083	545	7	,	,	PUNCT
ejge-7083	545	8	west	west	PROPN
ejge-7083	545	9	,	,	PUNCT
ejge-7083	545	10	k.	k.	PROPN
ejge-7083	545	11	(	(	PUNCT
ejge-7083	545	12	1987	1987	NUM
ejge-7083	545	13	)	)	PUNCT
ejge-7083	545	14	.	.	PUNCT
ejge-7083	546	1	a	a	DET
ejge-7083	546	2	simple	simple	ADJ
ejge-7083	546	3	positive	positive	ADJ
ejge-7083	546	4	semi	semi	ADJ
ejge-7083	546	5	-	-	ADJ
ejge-7083	546	6	definite	definite	ADJ
ejge-7083	546	7	heteroscedasticity	heteroscedasticity	NOUN
ejge-7083	546	8	and	and	CCONJ
ejge-7083	546	9	autocorrelation	autocorrelation	NOUN
ejge-7083	546	10	consistent	consistent	ADJ
ejge-7083	546	11	covariance	covariance	NOUN
ejge-7083	546	12	matrix	matrix	NOUN
ejge-7083	546	13	.	.	PUNCT
ejge-7083	547	1	econometrica	econometrica	PROPN
ejge-7083	547	2	55	55	NUM
ejge-7083	547	3	:	:	PUNCT
ejge-7083	547	4	703	703	NUM
ejge-7083	547	5	-	-	SYM
ejge-7083	547	6	708	708	NUM
ejge-7083	547	7	.	.	PUNCT
ejge-7083	548	1	https://doi.org/10.2307/1913610	https://doi.org/10.2307/1913610	ADJ
ejge-7083	548	2	pérez	pérez	NOUN
ejge-7083	548	3	-	-	PUNCT
ejge-7083	548	4	montes	monte	NOUN
ejge-7083	548	5	,	,	PUNCT
ejge-7083	548	6	c.	c.	PROPN
ejge-7083	548	7	ferrer	ferrer	PROPN
ejge-7083	548	8	-	-	PROPN
ejge-7083	548	9	pérez	pérez	NOUN
ejge-7083	548	10	(	(	PUNCT
ejge-7083	548	11	2018	2018	NUM
ejge-7083	548	12	)	)	PUNCT
ejge-7083	548	13	.	.	PUNCT
ejge-7083	549	1	the	the	DET
ejge-7083	549	2	impact	impact	NOUN
ejge-7083	549	3	of	of	ADP
ejge-7083	549	4	the	the	DET
ejge-7083	549	5	interest	interest	NOUN
ejge-7083	549	6	rate	rate	NOUN
ejge-7083	549	7	level	level	NOUN
ejge-7083	549	8	on	on	ADP
ejge-7083	549	9	bank	bank	NOUN
ejge-7083	549	10	profitability	profitability	NOUN
ejge-7083	549	11	and	and	CCONJ
ejge-7083	549	12	balance	balance	NOUN
ejge-7083	549	13	sheet	sheet	NOUN
ejge-7083	549	14	structure	structure	NOUN
ejge-7083	549	15	.	.	PUNCT
ejge-7083	550	1	financial	financial	ADJ
ejge-7083	550	2	stability	stability	PROPN
ejge-7083	550	3	review	review	NOUN
ejge-7083	550	4	,	,	PUNCT
ejge-7083	550	5	bank	bank	PROPN
ejge-7083	550	6	of	of	ADP
ejge-7083	550	7	spain	spain	PROPN
ejge-7083	550	8	35	35	NUM
ejge-7083	550	9	:	:	PUNCT
ejge-7083	550	10	119	119	NUM
ejge-7083	550	11	-	-	SYM
ejge-7083	550	12	148	148	NUM
ejge-7083	550	13	.	.	PUNCT
ejge-7083	551	1	perron	perron	PROPN
ejge-7083	551	2	,	,	PUNCT
ejge-7083	551	3	p.	p.	NOUN
ejge-7083	551	4	(	(	PUNCT
ejge-7083	551	5	1989	1989	NUM
ejge-7083	551	6	)	)	PUNCT
ejge-7083	551	7	.	.	PUNCT
ejge-7083	552	1	the	the	DET
ejge-7083	552	2	great	great	ADJ
ejge-7083	552	3	crash	crash	NOUN
ejge-7083	552	4	,	,	PUNCT
ejge-7083	552	5	the	the	DET
ejge-7083	552	6	oil	oil	NOUN
ejge-7083	552	7	price	price	NOUN
ejge-7083	552	8	shock	shock	NOUN
ejge-7083	552	9	and	and	CCONJ
ejge-7083	552	10	the	the	DET
ejge-7083	552	11	unit	unit	NOUN
ejge-7083	552	12	root	root	PROPN
ejge-7083	552	13	hypothesis	hypothesis	NOUN
ejge-7083	552	14	.	.	PUNCT
ejge-7083	552	15	econometrica	econometrica	PROPN
ejge-7083	552	16	57	57	NUM
ejge-7083	552	17	:	:	PUNCT
ejge-7083	552	18	1361	1361	NUM
ejge-7083	552	19	-	-	SYM
ejge-7083	552	20	1401	1401	NUM
ejge-7083	552	21	.	.	PUNCT
ejge-7083	553	1	https://doi.org/10.2307/1913712	https://doi.org/10.2307/1913712	NOUN
ejge-7083	553	2	phillips	phillip	NOUN
ejge-7083	553	3	,	,	PUNCT
ejge-7083	553	4	p.	p.	PROPN
ejge-7083	553	5	,	,	PUNCT
ejge-7083	553	6	perron	perron	PROPN
ejge-7083	553	7	,	,	PUNCT
ejge-7083	553	8	p.	p.	NOUN
ejge-7083	553	9	(	(	PUNCT
ejge-7083	553	10	1988	1988	NUM
ejge-7083	553	11	)	)	PUNCT
ejge-7083	553	12	.	.	PUNCT
ejge-7083	554	1	testing	test	VERB
ejge-7083	554	2	for	for	ADP
ejge-7083	554	3	a	a	DET
ejge-7083	554	4	unit	unit	NOUN
ejge-7083	554	5	root	root	NOUN
ejge-7083	554	6	in	in	ADP
ejge-7083	554	7	time	time	NOUN
ejge-7083	554	8	series	series	PROPN
ejge-7083	554	9	regression	regression	PROPN
ejge-7083	554	10	.	.	PUNCT
ejge-7083	555	1	biometrica	biometrica	PROPN
ejge-7083	555	2	75(2	75(2	NUM
ejge-7083	555	3	):	):	PUNCT
ejge-7083	555	4	335	335	NUM
ejge-7083	555	5	-	-	SYM
ejge-7083	555	6	346	346	NUM
ejge-7083	555	7	.	.	PUNCT
ejge-7083	556	1	https://doi.org/10.1093/biomet/75.2.335	https://doi.org/10.1093/biomet/75.2.335	NUM
ejge-7083	556	2	repullo	repullo	PROPN
ejge-7083	556	3	,	,	PUNCT
ejge-7083	556	4	r.	r.	PROPN
ejge-7083	556	5	,	,	PUNCT
ejge-7083	556	6	saurina	saurina	PROPN
ejge-7083	556	7	,	,	PUNCT
ejge-7083	556	8	j.	j.	PROPN
ejge-7083	556	9	,	,	PUNCT
ejge-7083	556	10	trucharte	trucharte	NOUN
ejge-7083	556	11	,	,	PUNCT
ejge-7083	556	12	c.	c.	PROPN
ejge-7083	556	13	(	(	PUNCT
ejge-7083	556	14	2010	2010	NUM
ejge-7083	556	15	)	)	PUNCT
ejge-7083	556	16	.	.	PUNCT
ejge-7083	557	1	mitigating	mitigate	VERB
ejge-7083	557	2	the	the	DET
ejge-7083	557	3	pro	pro	ADJ
ejge-7083	557	4	-	-	NOUN
ejge-7083	557	5	cyclicality	cyclicality	NOUN
ejge-7083	557	6	of	of	ADP
ejge-7083	557	7	basel	basel	PROPN
ejge-7083	557	8	ii	ii	PROPN
ejge-7083	557	9	.	.	PUNCT
ejge-7083	558	1	economic	economic	ADJ
ejge-7083	558	2	policy	policy	NOUN
ejge-7083	558	3	25	25	NUM
ejge-7083	558	4	:	:	PUNCT
ejge-7083	558	5	659	659	NUM
ejge-7083	558	6	-	-	SYM
ejge-7083	558	7	702	702	NUM
ejge-7083	558	8	.	.	PUNCT
ejge-7083	559	1	https://doi.org/10.1111/j.1468-0327.2010.00252.x	https://doi.org/10.1111/j.1468-0327.2010.00252.x	PROPN
ejge-7083	559	2	salas	salas	PROPN
ejge-7083	559	3	,	,	PUNCT
ejge-7083	559	4	v.	v.	PROPN
ejge-7083	559	5	,	,	PUNCT
ejge-7083	559	6	saurina	saurina	PROPN
ejge-7083	559	7	,	,	PUNCT
ejge-7083	559	8	j.	j.	PROPN
ejge-7083	559	9	(	(	PUNCT
ejge-7083	559	10	2003	2003	NUM
ejge-7083	559	11	)	)	PUNCT
ejge-7083	559	12	.	.	PUNCT
ejge-7083	560	1	deregulation	deregulation	NOUN
ejge-7083	560	2	,	,	PUNCT
ejge-7083	560	3	market	market	NOUN
ejge-7083	560	4	power	power	NOUN
ejge-7083	560	5	and	and	CCONJ
ejge-7083	560	6	risk	risk	NOUN
ejge-7083	560	7	behaviour	behaviour	NOUN
ejge-7083	560	8	in	in	ADP
ejge-7083	560	9	spanish	spanish	ADJ
ejge-7083	560	10	banks	bank	NOUN
ejge-7083	560	11	.	.	PUNCT
ejge-7083	561	1	european	european	ADJ
ejge-7083	561	2	economic	economic	ADJ
ejge-7083	561	3	review	review	NOUN
ejge-7083	561	4	47	47	NUM
ejge-7083	561	5	:	:	SYM
ejge-7083	561	6	1061	1061	NUM
ejge-7083	561	7	-	-	SYM
ejge-7083	561	8	1075	1075	NUM
ejge-7083	561	9	.	.	PUNCT
ejge-7083	562	1	https://doi.org/10.1016/s0014-2921(02)00230-1	https://doi.org/10.1016/s0014-2921(02)00230-1	PROPN
ejge-7083	562	2	saona	saona	PROPN
ejge-7083	562	3	,	,	PUNCT
ejge-7083	562	4	p.	p.	NOUN
ejge-7083	562	5	(	(	PUNCT
ejge-7083	562	6	2016	2016	NUM
ejge-7083	562	7	)	)	PUNCT
ejge-7083	562	8	.	.	PUNCT
ejge-7083	563	1	intraand	intraand	PROPN
ejge-7083	564	1	extra	extra	ADJ
ejge-7083	564	2	-	-	ADJ
ejge-7083	564	3	bank	bank	ADJ
ejge-7083	564	4	determinants	determinant	NOUN
ejge-7083	564	5	of	of	ADP
ejge-7083	564	6	latin	latin	ADJ
ejge-7083	564	7	american	american	ADJ
ejge-7083	564	8	banks	bank	NOUN
ejge-7083	564	9	'	'	PART
ejge-7083	564	10	profitability	profitability	NOUN
ejge-7083	564	11	.	.	PUNCT
ejge-7083	565	1	international	international	ADJ
ejge-7083	565	2	review	review	NOUN
ejge-7083	565	3	of	of	ADP
ejge-7083	565	4	economics	economic	NOUN
ejge-7083	565	5	and	and	CCONJ
ejge-7083	565	6	finance	finance	NOUN
ejge-7083	565	7	45	45	NUM
ejge-7083	565	8	:	:	SYM
ejge-7083	565	9	197	197	NUM
ejge-7083	565	10	-	-	SYM
ejge-7083	565	11	214	214	NUM
ejge-7083	565	12	.	.	PUNCT
ejge-7083	566	1	https://doi.org/10.1016/j.iref	https://doi.org/10.1016/j.iref	ADJ
ejge-7083	566	2	.2016.06.004	.2016.06.004	PUNCT
ejge-7083	566	3	saunders	saunder	NOUN
ejge-7083	566	4	,	,	PUNCT
ejge-7083	566	5	a.	a.	PROPN
ejge-7083	566	6	,	,	PUNCT
ejge-7083	566	7	schumacher	schumacher	PROPN
ejge-7083	566	8	,	,	PUNCT
ejge-7083	566	9	l.	l.	PROPN
ejge-7083	566	10	(	(	PUNCT
ejge-7083	566	11	2000	2000	NUM
ejge-7083	566	12	)	)	PUNCT
ejge-7083	566	13	.	.	PUNCT
ejge-7083	567	1	the	the	DET
ejge-7083	567	2	determinants	determinant	NOUN
ejge-7083	567	3	of	of	ADP
ejge-7083	567	4	bank	bank	NOUN
ejge-7083	567	5	interest	interest	NOUN
ejge-7083	567	6	rate	rate	NOUN
ejge-7083	567	7	margins	margin	NOUN
ejge-7083	567	8	,	,	PUNCT
ejge-7083	567	9	an	an	DET
ejge-7083	567	10	international	international	ADJ
ejge-7083	567	11	study	study	NOUN
ejge-7083	567	12	.	.	PUNCT
ejge-7083	568	1	journal	journal	PROPN
ejge-7083	568	2	of	of	ADP
ejge-7083	568	3	international	international	ADJ
ejge-7083	568	4	money	money	NOUN
ejge-7083	568	5	and	and	CCONJ
ejge-7083	568	6	finance	finance	NOUN
ejge-7083	568	7	,	,	PUNCT
ejge-7083	568	8	19	19	NUM
ejge-7083	568	9	:	:	SYM
ejge-7083	568	10	813	813	NUM
ejge-7083	568	11	-	-	SYM
ejge-7083	568	12	832	832	NUM
ejge-7083	568	13	.	.	PUNCT
ejge-7083	569	1	https://doi.org/10.1016/s0261-5606(00)00033-4	https://doi.org/10.1016/s0261-5606(00)00033-4	NOUN
ejge-7083	569	2	smirlock	smirlock	NOUN
ejge-7083	569	3	,	,	PUNCT
ejge-7083	569	4	m.	m.	NOUN
ejge-7083	569	5	(	(	PUNCT
ejge-7083	569	6	1985	1985	NUM
ejge-7083	569	7	)	)	PUNCT
ejge-7083	569	8	.	.	PUNCT
ejge-7083	570	1	evidence	evidence	NOUN
ejge-7083	570	2	on	on	ADP
ejge-7083	570	3	the	the	DET
ejge-7083	570	4	(	(	PUNCT
ejge-7083	570	5	non	non	ADJ
ejge-7083	570	6	)	)	PUNCT
ejge-7083	570	7	relationship	relationship	NOUN
ejge-7083	570	8	between	between	ADP
ejge-7083	570	9	concentration	concentration	NOUN
ejge-7083	570	10	and	and	CCONJ
ejge-7083	570	11	profitability	profitability	NOUN
ejge-7083	570	12	in	in	ADP
ejge-7083	570	13	banking	banking	NOUN
ejge-7083	570	14	.	.	PUNCT
ejge-7083	571	1	journal	journal	PROPN
ejge-7083	571	2	of	of	ADP
ejge-7083	571	3	money	money	NOUN
ejge-7083	571	4	,	,	PUNCT
ejge-7083	571	5	credit	credit	NOUN
ejge-7083	571	6	and	and	CCONJ
ejge-7083	571	7	banking	banking	NOUN
ejge-7083	571	8	17	17	NUM
ejge-7083	571	9	:	:	PUNCT
ejge-7083	571	10	69	69	NUM
ejge-7083	571	11	-	-	SYM
ejge-7083	571	12	83	83	NUM
ejge-7083	571	13	.	.	PUNCT
ejge-7083	572	1	https://doi.org/10.2307/1992507	https://doi.org/10.2307/1992507	PROPN
ejge-7083	572	2	sufian	sufian	PROPN
ejge-7083	572	3	,	,	PUNCT
ejge-7083	572	4	f.	f.	PROPN
ejge-7083	572	5	,	,	PUNCT
ejge-7083	572	6	habibullah	habibullah	PROPN
ejge-7083	572	7	,	,	PUNCT
ejge-7083	572	8	m.s	m.s	PROPN
ejge-7083	572	9	.	.	PROPN
ejge-7083	572	10	(	(	PUNCT
ejge-7083	572	11	2009	2009	NUM
ejge-7083	572	12	)	)	PUNCT
ejge-7083	572	13	.	.	PUNCT
ejge-7083	573	1	determinants	determinant	NOUN
ejge-7083	573	2	of	of	ADP
ejge-7083	573	3	bank	bank	NOUN
ejge-7083	573	4	profitability	profitability	NOUN
ejge-7083	573	5	in	in	ADP
ejge-7083	573	6	a	a	DET
ejge-7083	573	7	developing	develop	VERB
ejge-7083	573	8	economy	economy	NOUN
ejge-7083	573	9	,	,	PUNCT
ejge-7083	573	10	empirical	empirical	ADJ
ejge-7083	573	11	evidence	evidence	NOUN
ejge-7083	573	12	from	from	ADP
ejge-7083	573	13	bangladesh	bangladesh	PROPN
ejge-7083	573	14	.	.	PUNCT
ejge-7083	574	1	journal	journal	PROPN
ejge-7083	574	2	of	of	ADP
ejge-7083	574	3	business	business	NOUN
ejge-7083	574	4	economics	economic	NOUN
ejge-7083	574	5	and	and	CCONJ
ejge-7083	574	6	management	management	NOUN
ejge-7083	574	7	10(3	10(3	NUM
ejge-7083	574	8	):	):	PUNCT
ejge-7083	574	9	207	207	NUM
ejge-7083	574	10	-	-	SYM
ejge-7083	574	11	217	217	NUM
ejge-7083	574	12	.	.	PUNCT
ejge-7083	575	1	https://doi.org/10.3846/1611-1699.2009.10.207-217	https://doi.org/10.3846/1611-1699.2009.10.207-217	NOUN
ejge-7083	575	2	tercero	tercero	NOUN
ejge-7083	575	3	-	-	PUNCT
ejge-7083	575	4	lucas	lucas	PROPN
ejge-7083	575	5	,	,	PUNCT
ejge-7083	575	6	d.	d.	PROPN
ejge-7083	575	7	(	(	PUNCT
ejge-7083	575	8	2020	2020	NUM
ejge-7083	575	9	)	)	PUNCT
ejge-7083	575	10	.	.	PUNCT
ejge-7083	576	1	non	non	ADJ
ejge-7083	576	2	-	-	ADJ
ejge-7083	576	3	standard	standard	ADJ
ejge-7083	576	4	monetary	monetary	ADJ
ejge-7083	576	5	policies	policy	NOUN
ejge-7083	576	6	and	and	CCONJ
ejge-7083	576	7	bank	bank	NOUN
ejge-7083	576	8	profitability	profitability	NOUN
ejge-7083	576	9	:	:	PUNCT
ejge-7083	576	10	the	the	DET
ejge-7083	576	11	case	case	NOUN
ejge-7083	576	12	of	of	ADP
ejge-7083	576	13	spain	spain	PROPN
ejge-7083	576	14	.	.	PUNCT
ejge-7083	577	1	working	work	VERB
ejge-7083	577	2	paper	paper	NOUN
ejge-7083	577	3	.	.	PUNCT
ejge-7083	578	1	https://doi.org/10.1002/ijfe.2535	https://doi.org/10.1002/ijfe.2535	PROPN
ejge-7083	578	2	trujillo	trujillo	PROPN
ejge-7083	578	3	-	-	PUNCT
ejge-7083	578	4	ponce	ponce	NOUN
ejge-7083	578	5	,	,	PUNCT
ejge-7083	578	6	a.	a.	NOUN
ejge-7083	578	7	(	(	PUNCT
ejge-7083	578	8	2013	2013	NUM
ejge-7083	578	9	)	)	PUNCT
ejge-7083	578	10	.	.	PUNCT
ejge-7083	579	1	what	what	PRON
ejge-7083	579	2	determines	determine	VERB
ejge-7083	579	3	the	the	DET
ejge-7083	579	4	profitability	profitability	NOUN
ejge-7083	579	5	of	of	ADP
ejge-7083	579	6	banks	bank	NOUN
ejge-7083	579	7	?	?	PUNCT
ejge-7083	580	1	evidence	evidence	NOUN
ejge-7083	580	2	from	from	ADP
ejge-7083	580	3	spain	spain	PROPN
ejge-7083	580	4	.	.	PUNCT
ejge-7083	581	1	accounting	accounting	NOUN
ejge-7083	581	2	and	and	CCONJ
ejge-7083	581	3	finance	finance	NOUN
ejge-7083	581	4	53	53	NUM
ejge-7083	581	5	:	:	PUNCT
ejge-7083	581	6	561	561	NUM
ejge-7083	581	7	-	-	SYM
ejge-7083	581	8	586	586	NUM
ejge-7083	581	9	.	.	PUNCT
ejge-7083	582	1	https://doi.org/10.1111/j.1467-629x.2011.00466.x	https://doi.org/10.1111/j.1467-629x.2011.00466.x	PROPN
ejge-7083	582	2	https://doi.org/10.2307/2673874	https://doi.org/10.2307/2673874	X
ejge-7083	583	1	https://doi.org/10.5089/9781498363563.001	https://doi.org/10.5089/9781498363563.001	PRON
ejge-7083	583	2	https://doi.org/10.1016/j.euroecorev.2020.103402	https://doi.org/10.1016/j.euroecorev.2020.103402	NOUN
ejge-7083	583	3	https://doi.org/10.1007/s13209-020-00214-4	https://doi.org/10.1007/s13209-020-00214-4	NUM
ejge-7083	583	4	https://doi.org/10.1016/j.jimonfin.2016.05.005	https://doi.org/10.1016/j.jimonfin.2016.05.005	PROPN
ejge-7083	583	5	https://doi.org/10.1257/aer.20191410	https://doi.org/10.1257/aer.20191410	ADJ
ejge-7083	583	6	https://doi.org/10.1257/aer.20191410	https://doi.org/10.1257/aer.20191410	PROPN
ejge-7083	583	7	https://doi.org/10.1016/0378-4266(92)90065-8	https://doi.org/10.1016/0378-4266(92)90065-8	PROPN
ejge-7083	583	8	https://doi.org/10.1007/s10693-019-00322-8	https://doi.org/10.1007/s10693-019-00322-8	NUM
ejge-7083	583	9	https://doi.org/10.1007/s10693-019-00322-8	https://doi.org/10.1007/s10693-019-00322-8	NUM
ejge-7083	583	10	https://doi.org/10.1111/eufm.12268	https://doi.org/10.1111/eufm.12268	NOUN
ejge-7083	583	11	https://doi.org/10.1016/j.jbankfin.2019.105613	https://doi.org/10.1016/j.jbankfin.2019.105613	PROPN
ejge-7083	583	12	https://doi.org/10.1016/j.jbankfin.2019.105613	https://doi.org/10.1016/j.jbankfin.2019.105613	ADJ
ejge-7083	583	13	https://doi.org/10.2307/1913610	https://doi.org/10.2307/1913610	ADJ
ejge-7083	583	14	https://doi.org/10.2307/1913712	https://doi.org/10.2307/1913712	ADV
ejge-7083	583	15	https://doi.org/10.1093/biomet/75.2.335	https://doi.org/10.1093/biomet/75.2.335	NUM
ejge-7083	583	16	https://doi.org/10.1111/j.1468-0327.2010.00252.x	https://doi.org/10.1111/j.1468-0327.2010.00252.x	NOUN
ejge-7083	583	17	https://doi.org/10.1016/s0014-2921(02)00230-1	https://doi.org/10.1016/s0014-2921(02)00230-1	PROPN
ejge-7083	583	18	https://doi.org/10.1016/j.iref.2016.06.004	https://doi.org/10.1016/j.iref.2016.06.004	PROPN
ejge-7083	583	19	https://doi.org/10.1016/j.iref.2016.06.004	https://doi.org/10.1016/j.iref.2016.06.004	PROPN
ejge-7083	583	20	https://doi.org/10.1016/s0261-5606(00)00033-4	https://doi.org/10.1016/s0261-5606(00)00033-4	NOUN
ejge-7083	583	21	https://doi.org/10.2307/1992507	https://doi.org/10.2307/1992507	NOUN
ejge-7083	583	22	https://doi.org/10.3846/1611-1699.2009.10.207-217	https://doi.org/10.3846/1611-1699.2009.10.207-217	PROPN
ejge-7083	583	23	https://doi.org/10.1002/ijfe.2535	https://doi.org/10.1002/ijfe.2535	PROPN
ejge-7083	583	24	https://doi.org/10.1111/j.1467-629x.2011.00466.x	https://doi.org/10.1111/j.1467-629x.2011.00466.x	PROPN
ejge-7083	583	25	david	david	PROPN
ejge-7083	583	26	boto	boto	PROPN
ejge-7083	583	27	-	-	PUNCT
ejge-7083	583	28	garcía	garcía	VERB
ejge-7083	583	29	et	et	PROPN
ejge-7083	583	30	al	al	PROPN
ejge-7083	583	31	.	.	PUNCT
ejge-7083	583	32	/	/	SYM
ejge-7083	583	33	european	european	PROPN
ejge-7083	583	34	journal	journal	PROPN
ejge-7083	583	35	of	of	ADP
ejge-7083	583	36	government	government	NOUN
ejge-7083	583	37	and	and	CCONJ
ejge-7083	583	38	economics	economic	NOUN
ejge-7083	583	39	10(1	10(1	NUM
ejge-7083	583	40	)	)	PUNCT
ejge-7083	583	41	,	,	PUNCT
ejge-7083	583	42	june	june	PROPN
ejge-7083	583	43	2021	2021	NUM
ejge-7083	583	44	,	,	PUNCT
ejge-7083	583	45	5	5	NUM
ejge-7083	583	46	-	-	SYM
ejge-7083	583	47	29	29	NUM
ejge-7083	583	48	26	26	NUM
ejge-7083	583	49	zívot	zívot	NOUN
ejge-7083	583	50	,	,	PUNCT
ejge-7083	583	51	e.	e.	PROPN
ejge-7083	583	52	,	,	PUNCT
ejge-7083	583	53	andrews	andrews	PROPN
ejge-7083	583	54	,	,	PUNCT
ejge-7083	583	55	w.k	w.k	PROPN
ejge-7083	583	56	.	.	PROPN
ejge-7083	583	57	(	(	PUNCT
ejge-7083	583	58	1992	1992	NUM
ejge-7083	583	59	)	)	PUNCT
ejge-7083	583	60	.	.	PUNCT
ejge-7083	584	1	further	further	ADJ
ejge-7083	584	2	evidence	evidence	NOUN
ejge-7083	584	3	on	on	ADP
ejge-7083	584	4	the	the	DET
ejge-7083	584	5	great	great	ADJ
ejge-7083	584	6	crash	crash	NOUN
ejge-7083	584	7	,	,	PUNCT
ejge-7083	584	8	the	the	DET
ejge-7083	584	9	oil	oil	NOUN
ejge-7083	584	10	price	price	NOUN
ejge-7083	584	11	shock	shock	NOUN
ejge-7083	584	12	and	and	CCONJ
ejge-7083	584	13	the	the	DET
ejge-7083	584	14	unit	unit	NOUN
ejge-7083	584	15	root	root	PROPN
ejge-7083	584	16	hypothesis	hypothesis	NOUN
ejge-7083	584	17	.	.	PUNCT
ejge-7083	585	1	journal	journal	PROPN
ejge-7083	585	2	of	of	ADP
ejge-7083	585	3	business	business	NOUN
ejge-7083	585	4	and	and	CCONJ
ejge-7083	585	5	economic	economic	ADJ
ejge-7083	585	6	statistics	statistic	NOUN
ejge-7083	585	7	10(10	10(10	NUM
ejge-7083	585	8	):	):	PUNCT
ejge-7083	585	9	251	251	NUM
ejge-7083	585	10	-	-	SYM
ejge-7083	585	11	270	270	NUM
ejge-7083	585	12	.	.	PUNCT
ejge-7083	586	1	https://doi.org/10.1080/07350015.1992.10509904	https://doi.org/10.1080/07350015.1992.10509904	PROPN
ejge-7083	587	1	https://doi.org/10.1080/07350015.1992.10509904	https://doi.org/10.1080/07350015.1992.10509904	PROPN
ejge-7083	588	1	david	david	PROPN
ejge-7083	588	2	boto	boto	PROPN
ejge-7083	588	3	-	-	PUNCT
ejge-7083	588	4	garcía	garcía	VERB
ejge-7083	588	5	et	et	PROPN
ejge-7083	588	6	al	al	PROPN
ejge-7083	588	7	.	.	PUNCT
ejge-7083	588	8	/	/	SYM
ejge-7083	588	9	european	european	PROPN
ejge-7083	588	10	journal	journal	PROPN
ejge-7083	588	11	of	of	ADP
ejge-7083	588	12	government	government	NOUN
ejge-7083	588	13	and	and	CCONJ
ejge-7083	588	14	economics	economic	NOUN
ejge-7083	588	15	10(1	10(1	NUM
ejge-7083	588	16	)	)	PUNCT
ejge-7083	588	17	,	,	PUNCT
ejge-7083	588	18	june	june	PROPN
ejge-7083	588	19	2021	2021	NUM
ejge-7083	588	20	,	,	PUNCT
ejge-7083	588	21	5	5	NUM
ejge-7083	588	22	-	-	SYM
ejge-7083	588	23	29	29	NUM
ejge-7083	588	24	27	27	NUM
ejge-7083	588	25	appendix	appendix	PROPN
ejge-7083	588	26	i.	i.	NOUN
ejge-7083	588	27	time	time	PROPN
ejge-7083	588	28	-	-	PUNCT
ejge-7083	588	29	series	series	NOUN
ejge-7083	588	30	stationarity	stationarity	NOUN
ejge-7083	588	31	.	.	PUNCT
ejge-7083	589	1	to	to	PART
ejge-7083	589	2	avoid	avoid	VERB
ejge-7083	589	3	spurious	spurious	ADJ
ejge-7083	589	4	regression	regression	NOUN
ejge-7083	589	5	,	,	PUNCT
ejge-7083	589	6	time	time	NOUN
ejge-7083	589	7	series	series	PROPN
ejge-7083	589	8	must	must	AUX
ejge-7083	589	9	be	be	AUX
ejge-7083	589	10	stationary	stationary	ADJ
ejge-7083	589	11	(	(	PUNCT
ejge-7083	589	12	granger	granger	PROPN
ejge-7083	589	13	&	&	CCONJ
ejge-7083	589	14	newbold	newbold	PROPN
ejge-7083	589	15	1974	1974	NUM
ejge-7083	589	16	)	)	PUNCT
ejge-7083	589	17	.	.	PUNCT
ejge-7083	590	1	nonstationarity	nonstationarity	NOUN
ejge-7083	590	2	in	in	ADP
ejge-7083	590	3	the	the	DET
ejge-7083	590	4	mean	mean	NOUN
ejge-7083	590	5	is	be	AUX
ejge-7083	590	6	caused	cause	VERB
ejge-7083	590	7	by	by	ADP
ejge-7083	590	8	the	the	DET
ejge-7083	590	9	existence	existence	NOUN
ejge-7083	590	10	of	of	ADP
ejge-7083	590	11	a	a	DET
ejge-7083	590	12	time	time	NOUN
ejge-7083	590	13	trend	trend	NOUN
ejge-7083	590	14	.	.	PUNCT
ejge-7083	591	1	a	a	DET
ejge-7083	591	2	deterministic	deterministic	ADJ
ejge-7083	591	3	trend	trend	NOUN
ejge-7083	591	4	is	be	AUX
ejge-7083	591	5	not	not	PART
ejge-7083	591	6	problematic	problematic	ADJ
ejge-7083	591	7	since	since	SCONJ
ejge-7083	591	8	it	it	PRON
ejge-7083	591	9	can	can	AUX
ejge-7083	591	10	be	be	AUX
ejge-7083	591	11	included	include	VERB
ejge-7083	591	12	in	in	ADP
ejge-7083	591	13	the	the	DET
ejge-7083	591	14	model	model	NOUN
ejge-7083	591	15	as	as	ADP
ejge-7083	591	16	a	a	DET
ejge-7083	591	17	regressor	regressor	NOUN
ejge-7083	591	18	.	.	PUNCT
ejge-7083	592	1	however	however	ADV
ejge-7083	592	2	,	,	PUNCT
ejge-7083	592	3	stochastic	stochastic	ADJ
ejge-7083	592	4	trends	trend	NOUN
ejge-7083	592	5	(	(	PUNCT
ejge-7083	592	6	unit	unit	NOUN
ejge-7083	592	7	roots	root	NOUN
ejge-7083	592	8	)	)	PUNCT
ejge-7083	592	9	are	be	AUX
ejge-7083	592	10	the	the	DET
ejge-7083	592	11	main	main	ADJ
ejge-7083	592	12	cause	cause	NOUN
ejge-7083	592	13	of	of	ADP
ejge-7083	592	14	the	the	DET
ejge-7083	592	15	spurious	spurious	ADJ
ejge-7083	592	16	regression	regression	NOUN
ejge-7083	592	17	problem	problem	NOUN
ejge-7083	592	18	.	.	PUNCT
ejge-7083	593	1	because	because	SCONJ
ejge-7083	593	2	our	our	PRON
ejge-7083	593	3	time	time	NOUN
ejge-7083	593	4	series	series	PROPN
ejge-7083	593	5	have	have	VERB
ejge-7083	593	6	quarterly	quarterly	ADJ
ejge-7083	593	7	periodicity	periodicity	NOUN
ejge-7083	593	8	,	,	PUNCT
ejge-7083	593	9	as	as	ADP
ejge-7083	593	10	a	a	DET
ejge-7083	593	11	first	first	ADJ
ejge-7083	593	12	step	step	NOUN
ejge-7083	593	13	we	we	PRON
ejge-7083	593	14	test	test	VERB
ejge-7083	593	15	the	the	DET
ejge-7083	593	16	existence	existence	NOUN
ejge-7083	593	17	of	of	ADP
ejge-7083	593	18	unit	unit	NOUN
ejge-7083	593	19	roots	root	NOUN
ejge-7083	593	20	in	in	ADP
ejge-7083	593	21	the	the	DET
ejge-7083	593	22	seasonal	seasonal	ADJ
ejge-7083	593	23	frequencies	frequency	NOUN
ejge-7083	593	24	.	.	PUNCT
ejge-7083	594	1	we	we	PRON
ejge-7083	594	2	first	first	ADV
ejge-7083	594	3	conduct	conduct	VERB
ejge-7083	594	4	the	the	DET
ejge-7083	594	5	hegy	hegy	NOUN
ejge-7083	594	6	test	test	NOUN
ejge-7083	594	7	developed	develop	VERB
ejge-7083	594	8	by	by	ADP
ejge-7083	594	9	hylleberg	hylleberg	PROPN
ejge-7083	594	10	et	et	PROPN
ejge-7083	594	11	al	al	PROPN
ejge-7083	594	12	.	.	PUNCT
ejge-7083	595	1	(	(	PUNCT
ejge-7083	595	2	1990).11	1990).11	NUM
ejge-7083	595	3	table	table	NOUN
ejge-7083	595	4	a1	a1	NOUN
ejge-7083	595	5	presents	present	VERB
ejge-7083	595	6	the	the	DET
ejge-7083	595	7	results	result	NOUN
ejge-7083	595	8	.	.	PUNCT
ejge-7083	596	1	the	the	DET
ejge-7083	596	2	auxiliary	auxiliary	ADJ
ejge-7083	596	3	regressions	regression	NOUN
ejge-7083	596	4	incorporate	incorporate	VERB
ejge-7083	596	5	a	a	DET
ejge-7083	596	6	constant	constant	ADJ
ejge-7083	596	7	,	,	PUNCT
ejge-7083	596	8	trigonometric	trigonometric	ADJ
ejge-7083	596	9	terms	term	NOUN
ejge-7083	596	10	and	and	CCONJ
ejge-7083	596	11	a	a	DET
ejge-7083	596	12	time	time	NOUN
ejge-7083	596	13	trend	trend	NOUN
ejge-7083	596	14	.	.	PUNCT
ejge-7083	597	1	from	from	ADP
ejge-7083	597	2	the	the	DET
ejge-7083	597	3	results	result	NOUN
ejge-7083	597	4	in	in	ADP
ejge-7083	597	5	this	this	DET
ejge-7083	597	6	table	table	NOUN
ejge-7083	597	7	we	we	PRON
ejge-7083	597	8	conclude	conclude	VERB
ejge-7083	597	9	:	:	PUNCT
ejge-7083	597	10	i	i	NOUN
ejge-7083	597	11	)	)	PUNCT
ejge-7083	597	12	log	log	VERB
ejge-7083	597	13	loans	loan	NOUN
ejge-7083	597	14	is	be	AUX
ejge-7083	597	15	i(1	i(1	NOUN
ejge-7083	597	16	)	)	PUNCT
ejge-7083	597	17	with	with	ADP
ejge-7083	597	18	frequency	frequency	NOUN
ejge-7083	597	19	each	each	DET
ejge-7083	597	20	two	two	NUM
ejge-7083	597	21	periods	period	NOUN
ejge-7083	597	22	(	(	PUNCT
ejge-7083	597	23	quarters	quarter	NOUN
ejge-7083	597	24	)	)	PUNCT
ejge-7083	597	25	,	,	PUNCT
ejge-7083	597	26	ii	ii	X
ejge-7083	597	27	)	)	PUNCT
ejge-7083	597	28	euribor_3	euribor_3	NOUN
ejge-7083	597	29	and	and	CCONJ
ejge-7083	597	30	euribor_12	euribor_12	NOUN
ejge-7083	597	31	could	could	AUX
ejge-7083	597	32	be	be	AUX
ejge-7083	597	33	i(0	i(0	PROPN
ejge-7083	597	34	)	)	PUNCT
ejge-7083	597	35	or	or	CCONJ
ejge-7083	597	36	i(1	i(1	NOUN
ejge-7083	597	37	)	)	PUNCT
ejge-7083	597	38	,	,	PUNCT
ejge-7083	597	39	and	and	CCONJ
ejge-7083	597	40	iii	iii	AUX
ejge-7083	597	41	)	)	PUNCT
ejge-7083	597	42	the	the	DET
ejge-7083	597	43	rest	rest	NOUN
ejge-7083	597	44	of	of	ADP
ejge-7083	597	45	variables	variable	NOUN
ejge-7083	597	46	seem	seem	VERB
ejge-7083	597	47	to	to	PART
ejge-7083	597	48	be	be	AUX
ejge-7083	597	49	i(1	i(1	NOUN
ejge-7083	597	50	)	)	PUNCT
ejge-7083	597	51	.	.	PUNCT
ejge-7083	598	1	accordingly	accordingly	ADV
ejge-7083	598	2	,	,	PUNCT
ejge-7083	598	3	the	the	DET
ejge-7083	598	4	transformation	transformation	NOUN
ejge-7083	598	5	δ2	δ2	VERB
ejge-7083	598	6	is	be	AUX
ejge-7083	598	7	applied	apply	VERB
ejge-7083	598	8	on	on	ADP
ejge-7083	598	9	log	log	NOUN
ejge-7083	598	10	loans	loan	NOUN
ejge-7083	598	11	.	.	PUNCT
ejge-7083	599	1	once	once	ADV
ejge-7083	599	2	having	having	AUX
ejge-7083	599	3	explored	explore	VERB
ejge-7083	599	4	seasonal	seasonal	ADJ
ejge-7083	599	5	unit	unit	NOUN
ejge-7083	599	6	roots	root	NOUN
ejge-7083	599	7	,	,	PUNCT
ejge-7083	599	8	unit	unit	NOUN
ejge-7083	599	9	roots	root	NOUN
ejge-7083	599	10	in	in	ADP
ejge-7083	599	11	the	the	DET
ejge-7083	599	12	zero	zero	NUM
ejge-7083	599	13	frequency	frequency	NOUN
ejge-7083	599	14	are	be	AUX
ejge-7083	599	15	analysed	analyse	VERB
ejge-7083	599	16	using	use	VERB
ejge-7083	599	17	the	the	DET
ejge-7083	599	18	augmented	augment	VERB
ejge-7083	599	19	dickey	dickey	PROPN
ejge-7083	599	20	fuller	full	ADJ
ejge-7083	599	21	test	test	NOUN
ejge-7083	599	22	(	(	PUNCT
ejge-7083	599	23	dickey	dickey	PROPN
ejge-7083	599	24	&	&	CCONJ
ejge-7083	599	25	fuller	full	ADJ
ejge-7083	599	26	,	,	PUNCT
ejge-7083	599	27	1979	1979	NUM
ejge-7083	599	28	)	)	PUNCT
ejge-7083	599	29	(	(	PUNCT
ejge-7083	599	30	hereafter	hereafter	NOUN
ejge-7083	599	31	adf	adf	PROPN
ejge-7083	599	32	)	)	PUNCT
ejge-7083	599	33	.	.	PUNCT
ejge-7083	600	1	this	this	DET
ejge-7083	600	2	test	test	NOUN
ejge-7083	600	3	assumes	assume	VERB
ejge-7083	600	4	that	that	SCONJ
ejge-7083	600	5	the	the	DET
ejge-7083	600	6	series	series	NOUN
ejge-7083	600	7	follows	follow	VERB
ejge-7083	600	8	an	an	DET
ejge-7083	600	9	autoregressive	autoregressive	ADJ
ejge-7083	600	10	process	process	NOUN
ejge-7083	600	11	of	of	ADP
ejge-7083	600	12	order	order	NOUN
ejge-7083	600	13	k	k	NOUN
ejge-7083	600	14	and	and	CCONJ
ejge-7083	600	15	hypothesizes	hypothesize	VERB
ejge-7083	600	16	that	that	SCONJ
ejge-7083	600	17	there	there	PRON
ejge-7083	600	18	is	be	VERB
ejge-7083	600	19	a	a	DET
ejge-7083	600	20	unit	unit	NOUN
ejge-7083	600	21	root	root	NOUN
ejge-7083	600	22	,	,	PUNCT
ejge-7083	600	23	namely	namely	ADV
ejge-7083	600	24	,	,	PUNCT
ejge-7083	600	25	the	the	DET
ejge-7083	600	26	time	time	NOUN
ejge-7083	600	27	series	series	NOUN
ejge-7083	600	28	is	be	AUX
ejge-7083	600	29	ds	ds	ADJ
ejge-7083	600	30	(	(	PUNCT
ejge-7083	600	31	difference	difference	NOUN
ejge-7083	600	32	stationary).12	stationary).12	VERB
ejge-7083	600	33	there	there	PRON
ejge-7083	600	34	are	be	VERB
ejge-7083	600	35	three	three	NUM
ejge-7083	600	36	possible	possible	ADJ
ejge-7083	600	37	specifications	specification	NOUN
ejge-7083	600	38	for	for	ADP
ejge-7083	600	39	the	the	DET
ejge-7083	600	40	test	test	NOUN
ejge-7083	600	41	:	:	PUNCT
ejge-7083	600	42	i	i	NOUN
ejge-7083	600	43	)	)	PUNCT
ejge-7083	600	44	with	with	ADP
ejge-7083	600	45	a	a	DET
ejge-7083	600	46	constant	constant	ADJ
ejge-7083	600	47	term	term	NOUN
ejge-7083	600	48	,	,	PUNCT
ejge-7083	600	49	ii	ii	NOUN
ejge-7083	600	50	)	)	PUNCT
ejge-7083	600	51	without	without	ADP
ejge-7083	600	52	a	a	DET
ejge-7083	600	53	constant	constant	ADJ
ejge-7083	600	54	term	term	NOUN
ejge-7083	600	55	and	and	CCONJ
ejge-7083	600	56	iii	iii	X
ejge-7083	600	57	)	)	PUNCT
ejge-7083	600	58	with	with	ADP
ejge-7083	600	59	a	a	DET
ejge-7083	600	60	constant	constant	ADJ
ejge-7083	600	61	and	and	CCONJ
ejge-7083	600	62	a	a	DET
ejge-7083	600	63	time	time	NOUN
ejge-7083	600	64	trend	trend	NOUN
ejge-7083	600	65	.	.	PUNCT
ejge-7083	601	1	under	under	ADP
ejge-7083	601	2	the	the	DET
ejge-7083	601	3	alternative	alternative	ADJ
ejge-7083	601	4	hypothesis	hypothesis	NOUN
ejge-7083	601	5	,	,	PUNCT
ejge-7083	601	6	in	in	ADP
ejge-7083	601	7	the	the	DET
ejge-7083	601	8	two	two	NUM
ejge-7083	601	9	first	first	ADJ
ejge-7083	601	10	specifications	specification	NOUN
ejge-7083	601	11	the	the	DET
ejge-7083	601	12	series	series	NOUN
ejge-7083	601	13	would	would	AUX
ejge-7083	601	14	be	be	AUX
ejge-7083	601	15	stationary	stationary	ADJ
ejge-7083	601	16	around	around	ADP
ejge-7083	601	17	a	a	DET
ejge-7083	601	18	constant	constant	ADJ
ejge-7083	601	19	mean	mean	NOUN
ejge-7083	601	20	.	.	PUNCT
ejge-7083	602	1	in	in	ADP
ejge-7083	602	2	the	the	DET
ejge-7083	602	3	third	third	ADJ
ejge-7083	602	4	case	case	NOUN
ejge-7083	602	5	,	,	PUNCT
ejge-7083	602	6	it	it	PRON
ejge-7083	602	7	would	would	AUX
ejge-7083	602	8	be	be	AUX
ejge-7083	602	9	stationary	stationary	ADJ
ejge-7083	602	10	around	around	ADP
ejge-7083	602	11	a	a	DET
ejge-7083	602	12	deterministic	deterministic	ADJ
ejge-7083	602	13	trend	trend	NOUN
ejge-7083	602	14	(	(	PUNCT
ejge-7083	602	15	linear	linear	ADJ
ejge-7083	602	16	or	or	CCONJ
ejge-7083	602	17	polynomial	polynomial	ADJ
ejge-7083	602	18	)	)	PUNCT
ejge-7083	602	19	or	or	CCONJ
ejge-7083	602	20	process	process	NOUN
ejge-7083	602	21	ts	ts	X
ejge-7083	602	22	(	(	PUNCT
ejge-7083	602	23	trend	trend	NOUN
ejge-7083	602	24	stationary	stationary	NOUN
ejge-7083	602	25	)	)	PUNCT
ejge-7083	602	26	.	.	PUNCT
ejge-7083	603	1	we	we	PRON
ejge-7083	603	2	run	run	VERB
ejge-7083	603	3	the	the	DET
ejge-7083	603	4	adf	adf	NOUN
ejge-7083	603	5	test	test	NOUN
ejge-7083	603	6	on	on	ADP
ejge-7083	603	7	each	each	DET
ejge-7083	603	8	time	time	NOUN
ejge-7083	603	9	series	series	NOUN
ejge-7083	603	10	based	base	VERB
ejge-7083	603	11	on	on	ADP
ejge-7083	603	12	an	an	DET
ejge-7083	603	13	auxiliary	auxiliary	ADJ
ejge-7083	603	14	ols	ol	NOUN
ejge-7083	603	15	regression	regression	NOUN
ejge-7083	603	16	with	with	ADP
ejge-7083	603	17	a	a	DET
ejge-7083	603	18	constant	constant	ADJ
ejge-7083	603	19	term	term	NOUN
ejge-7083	603	20	,	,	PUNCT
ejge-7083	603	21	a	a	DET
ejge-7083	603	22	time	time	NOUN
ejge-7083	603	23	trend	trend	NOUN
ejge-7083	603	24	and	and	CCONJ
ejge-7083	603	25	k	k	PROPN
ejge-7083	603	26	lags.13	lags.13	PROPN
ejge-7083	603	27	alternatively	alternatively	ADV
ejge-7083	603	28	,	,	PUNCT
ejge-7083	603	29	the	the	DET
ejge-7083	603	30	phillips	phillip	NOUN
ejge-7083	603	31	&	&	CCONJ
ejge-7083	603	32	perron	perron	PROPN
ejge-7083	603	33	test	test	PROPN
ejge-7083	603	34	(	(	PUNCT
ejge-7083	603	35	pp	pp	ADP
ejge-7083	603	36	test	test	NOUN
ejge-7083	603	37	)	)	PUNCT
ejge-7083	603	38	(	(	PUNCT
ejge-7083	603	39	phillips	phillips	PROPN
ejge-7083	603	40	&	&	CCONJ
ejge-7083	603	41	perron	perron	PROPN
ejge-7083	603	42	,	,	PUNCT
ejge-7083	603	43	1988	1988	NUM
ejge-7083	603	44	)	)	PUNCT
ejge-7083	603	45	is	be	AUX
ejge-7083	603	46	used.14	used.14	PROPN
ejge-7083	603	47	table	table	NOUN
ejge-7083	603	48	a2	a2	PROPN
ejge-7083	603	49	show	show	VERB
ejge-7083	603	50	the	the	DET
ejge-7083	603	51	results	result	NOUN
ejge-7083	603	52	of	of	ADP
ejge-7083	603	53	the	the	DET
ejge-7083	603	54	adf	adf	NOUN
ejge-7083	603	55	and	and	CCONJ
ejge-7083	603	56	pp	pp	ADV
ejge-7083	603	57	tests	test	NOUN
ejge-7083	603	58	for	for	ADP
ejge-7083	603	59	the	the	DET
ejge-7083	603	60	variables	variable	NOUN
ejge-7083	603	61	,	,	PUNCT
ejge-7083	603	62	both	both	PRON
ejge-7083	603	63	in	in	ADP
ejge-7083	603	64	levels	level	NOUN
ejge-7083	603	65	and	and	CCONJ
ejge-7083	603	66	first	first	ADJ
ejge-7083	603	67	differences	difference	NOUN
ejge-7083	603	68	(	(	PUNCT
ejge-7083	603	69	to	to	PART
ejge-7083	603	70	detect	detect	VERB
ejge-7083	603	71	potential	potential	ADJ
ejge-7083	603	72	double	double	ADJ
ejge-7083	603	73	unit	unit	NOUN
ejge-7083	603	74	roots	root	NOUN
ejge-7083	603	75	)	)	PUNCT
ejge-7083	603	76	.	.	PUNCT
ejge-7083	604	1	from	from	ADP
ejge-7083	604	2	this	this	DET
ejge-7083	604	3	output	output	NOUN
ejge-7083	604	4	we	we	PRON
ejge-7083	604	5	conclude	conclude	VERB
ejge-7083	604	6	:	:	PUNCT
ejge-7083	604	7	i	i	X
ejge-7083	604	8	)	)	PUNCT
ejge-7083	604	9	10y_sb	10y_sb	NUM
ejge-7083	604	10	is	be	AUX
ejge-7083	604	11	stationary	stationary	ADJ
ejge-7083	604	12	in	in	ADP
ejge-7083	604	13	levels	level	NOUN
ejge-7083	604	14	;	;	PUNCT
ejge-7083	604	15	ii	ii	X
ejge-7083	604	16	)	)	PUNCT
ejge-7083	604	17	log	log	NOUN
ejge-7083	604	18	ecb	ecb	NOUN
ejge-7083	604	19	assets	asset	NOUN
ejge-7083	604	20	,	,	PUNCT
ejge-7083	604	21	eurib_12	eurib_12	PROPN
ejge-7083	604	22	,	,	PUNCT
ejge-7083	604	23	eurib_3	eurib_3	VERB
ejge-7083	604	24	,	,	PUNCT
ejge-7083	604	25	spread	spread	VERB
ejge-7083	604	26	,	,	PUNCT
ejge-7083	604	27	log	log	PROPN
ejge-7083	604	28	c5	c5	PROPN
ejge-7083	604	29	,	,	PUNCT
ejge-7083	604	30	log	log	NOUN
ejge-7083	604	31	hh	hh	NOUN
ejge-7083	604	32	are	be	AUX
ejge-7083	604	33	i(1	i(1	NOUN
ejge-7083	604	34	)	)	PUNCT
ejge-7083	604	35	,	,	PUNCT
ejge-7083	604	36	so	so	SCONJ
ejge-7083	604	37	we	we	PRON
ejge-7083	604	38	take	take	VERB
ejge-7083	604	39	their	their	PRON
ejge-7083	604	40	first	first	ADJ
ejge-7083	604	41	differences	difference	NOUN
ejge-7083	604	42	;	;	PUNCT
ejge-7083	604	43	iii	iii	X
ejge-7083	604	44	)	)	PUNCT
ejge-7083	604	45	log	log	PROPN
ejge-7083	604	46	gdp	gdp	NOUN
ejge-7083	604	47	could	could	AUX
ejge-7083	604	48	be	be	AUX
ejge-7083	604	49	i(1	i(1	PROPN
ejge-7083	604	50	)	)	PUNCT
ejge-7083	604	51	or	or	CCONJ
ejge-7083	604	52	i(2	i(2	PROPN
ejge-7083	604	53	)	)	PUNCT
ejge-7083	604	54	;	;	PUNCT
ejge-7083	604	55	and	and	CCONJ
ejge-7083	604	56	iv	iv	X
ejge-7083	604	57	)	)	PUNCT
ejge-7083	604	58	roaa	roaa	NOUN
ejge-7083	604	59	and	and	CCONJ
ejge-7083	604	60	roae	roae	NOUN
ejge-7083	604	61	could	could	AUX
ejge-7083	604	62	be	be	AUX
ejge-7083	604	63	i(0	i(0	PROPN
ejge-7083	604	64	)	)	PUNCT
ejge-7083	604	65	or	or	CCONJ
ejge-7083	604	66	i(1	i(1	NOUN
ejge-7083	604	67	)	)	PUNCT
ejge-7083	604	68	.	.	PUNCT
ejge-7083	605	1	to	to	PART
ejge-7083	605	2	properly	properly	ADV
ejge-7083	605	3	address	address	VERB
ejge-7083	605	4	whether	whether	SCONJ
ejge-7083	605	5	log	log	NOUN
ejge-7083	605	6	gdp	gdp	NOUN
ejge-7083	605	7	is	be	AUX
ejge-7083	605	8	i(1	i(1	NOUN
ejge-7083	605	9	)	)	PUNCT
ejge-7083	605	10	or	or	CCONJ
ejge-7083	605	11	i(2	i(2	PROPN
ejge-7083	605	12	)	)	PUNCT
ejge-7083	605	13	,	,	PUNCT
ejge-7083	605	14	in	in	ADP
ejge-7083	605	15	table	table	NOUN
ejge-7083	605	16	a3	a3	NOUN
ejge-7083	605	17	we	we	PRON
ejge-7083	605	18	run	run	VERB
ejge-7083	605	19	dickey	dickey	PROPN
ejge-7083	605	20	&	&	CCONJ
ejge-7083	605	21	pantula	pantula	PROPN
ejge-7083	605	22	test	test	PROPN
ejge-7083	605	23	(	(	PUNCT
ejge-7083	605	24	dickey	dickey	PROPN
ejge-7083	605	25	&	&	CCONJ
ejge-7083	605	26	pantula	pantula	PROPN
ejge-7083	605	27	,	,	PUNCT
ejge-7083	605	28	1987	1987	NUM
ejge-7083	605	29	)	)	PUNCT
ejge-7083	605	30	.	.	PUNCT
ejge-7083	606	1	the	the	DET
ejge-7083	606	2	double	double	ADJ
ejge-7083	606	3	unit	unit	NOUN
ejge-7083	606	4	root	root	NOUN
ejge-7083	606	5	hypothesis	hypothesis	NOUN
ejge-7083	606	6	is	be	AUX
ejge-7083	606	7	rejected	reject	VERB
ejge-7083	606	8	,	,	PUNCT
ejge-7083	606	9	so	so	ADV
ejge-7083	606	10	log	log	PROPN
ejge-7083	606	11	gdp	gdp	NOUN
ejge-7083	606	12	is	be	AUX
ejge-7083	606	13	assumed	assume	VERB
ejge-7083	606	14	to	to	PART
ejge-7083	606	15	be	be	AUX
ejge-7083	606	16	stationary	stationary	ADJ
ejge-7083	606	17	in	in	ADP
ejge-7083	606	18	first	first	ADJ
ejge-7083	606	19	differences	difference	NOUN
ejge-7083	606	20	.	.	PUNCT
ejge-7083	607	1	as	as	ADP
ejge-7083	607	2	for	for	ADP
ejge-7083	607	3	whether	whether	SCONJ
ejge-7083	607	4	roaa	roaa	NOUN
ejge-7083	607	5	and	and	CCONJ
ejge-7083	607	6	roae	roae	NOUN
ejge-7083	607	7	are	be	AUX
ejge-7083	607	8	i(0	i(0	PROPN
ejge-7083	607	9	)	)	PUNCT
ejge-7083	607	10	or	or	CCONJ
ejge-7083	607	11	i(1	i(1	NOUN
ejge-7083	607	12	)	)	PUNCT
ejge-7083	607	13	,	,	PUNCT
ejge-7083	607	14	zívot	zívot	PROPN
ejge-7083	607	15	&	&	CCONJ
ejge-7083	607	16	andrews	andrews	PROPN
ejge-7083	607	17	(	(	PUNCT
ejge-7083	607	18	1992	1992	NUM
ejge-7083	607	19	)	)	PUNCT
ejge-7083	607	20	propose	propose	VERB
ejge-7083	607	21	a	a	DET
ejge-7083	607	22	test	test	NOUN
ejge-7083	607	23	that	that	PRON
ejge-7083	607	24	analyses	analyse	VERB
ejge-7083	607	25	the	the	DET
ejge-7083	607	26	stationarity	stationarity	NOUN
ejge-7083	607	27	by	by	ADP
ejge-7083	607	28	endogenously	endogenously	ADV
ejge-7083	607	29	determining	determine	VERB
ejge-7083	607	30	a	a	DET
ejge-7083	607	31	possible	possible	ADJ
ejge-7083	607	32	point	point	NOUN
ejge-7083	607	33	of	of	ADP
ejge-7083	607	34	structural	structural	ADJ
ejge-7083	607	35	break	break	NOUN
ejge-7083	607	36	in	in	ADP
ejge-7083	607	37	the	the	DET
ejge-7083	607	38	series	series	NOUN
ejge-7083	607	39	.	.	PUNCT
ejge-7083	608	1	since	since	SCONJ
ejge-7083	608	2	roaa	roaa	NOUN
ejge-7083	608	3	and	and	CCONJ
ejge-7083	608	4	roae	roae	NOUN
ejge-7083	608	5	appear	appear	VERB
ejge-7083	608	6	to	to	PART
ejge-7083	608	7	have	have	VERB
ejge-7083	608	8	a	a	DET
ejge-7083	608	9	structural	structural	ADJ
ejge-7083	608	10	break	break	NOUN
ejge-7083	608	11	in	in	ADP
ejge-7083	608	12	its	its	PRON
ejge-7083	608	13	time	time	NOUN
ejge-7083	608	14	evolution	evolution	NOUN
ejge-7083	608	15	(	(	PUNCT
ejge-7083	608	16	see	see	VERB
ejge-7083	608	17	figure	figure	NOUN
ejge-7083	608	18	1	1	NUM
ejge-7083	608	19	)	)	PUNCT
ejge-7083	608	20	,	,	PUNCT
ejge-7083	608	21	in	in	ADP
ejge-7083	608	22	table	table	NOUN
ejge-7083	608	23	a4	a4	NOUN
ejge-7083	608	24	we	we	PRON
ejge-7083	608	25	present	present	VERB
ejge-7083	608	26	the	the	DET
ejge-7083	608	27	zívot	zívot	PROPN
ejge-7083	608	28	&	&	CCONJ
ejge-7083	608	29	andrews	andrews	PROPN
ejge-7083	608	30	(	(	PUNCT
ejge-7083	608	31	1992	1992	NUM
ejge-7083	608	32	)	)	PUNCT
ejge-7083	608	33	tests	test	NOUN
ejge-7083	608	34	for	for	ADP
ejge-7083	608	35	these	these	DET
ejge-7083	608	36	variables	variable	NOUN
ejge-7083	608	37	.	.	PUNCT
ejge-7083	609	1	the	the	DET
ejge-7083	609	2	results	result	NOUN
ejge-7083	609	3	indicate	indicate	VERB
ejge-7083	609	4	that	that	SCONJ
ejge-7083	609	5	roaa	roaa	NOUN
ejge-7083	609	6	and	and	CCONJ
ejge-7083	609	7	roae	roae	NOUN
ejge-7083	609	8	can	can	AUX
ejge-7083	609	9	be	be	AUX
ejge-7083	609	10	considered	consider	VERB
ejge-7083	609	11	as	as	ADP
ejge-7083	609	12	stationary	stationary	ADJ
ejge-7083	609	13	processes	process	NOUN
ejge-7083	609	14	11	11	NUM
ejge-7083	609	15	these	these	DET
ejge-7083	609	16	authors	author	NOUN
ejge-7083	609	17	derive	derive	VERB
ejge-7083	609	18	the	the	DET
ejge-7083	609	19	auxiliary	auxiliary	ADJ
ejge-7083	609	20	regressions	regression	NOUN
ejge-7083	609	21	and	and	CCONJ
ejge-7083	609	22	the	the	DET
ejge-7083	609	23	corresponding	corresponding	ADJ
ejge-7083	609	24	critical	critical	ADJ
ejge-7083	609	25	values	value	NOUN
ejge-7083	609	26	for	for	ADP
ejge-7083	609	27	each	each	DET
ejge-7083	609	28	statistic	statistic	NOUN
ejge-7083	609	29	.	.	PUNCT
ejge-7083	610	1	a	a	DET
ejge-7083	610	2	t	t	NOUN
ejge-7083	610	3	-	-	PUNCT
ejge-7083	610	4	test	test	NOUN
ejge-7083	610	5	statistic	statistic	NOUN
ejge-7083	610	6	is	be	AUX
ejge-7083	610	7	used	use	VERB
ejge-7083	610	8	for	for	ADP
ejge-7083	610	9	unit	unit	NOUN
ejge-7083	610	10	roots	root	NOUN
ejge-7083	610	11	in	in	ADP
ejge-7083	610	12	the	the	DET
ejge-7083	610	13	zero	zero	NUM
ejge-7083	610	14	and	and	CCONJ
ejge-7083	610	15	π	π	PROPN
ejge-7083	610	16	frequencies	frequency	NOUN
ejge-7083	610	17	.	.	PUNCT
ejge-7083	611	1	the	the	DET
ejge-7083	611	2	null	null	ADJ
ejge-7083	611	3	hypothesis	hypothesis	NOUN
ejge-7083	611	4	of	of	ADP
ejge-7083	611	5	a	a	DET
ejge-7083	611	6	unit	unit	NOUN
ejge-7083	611	7	root	root	NOUN
ejge-7083	611	8	in	in	ADP
ejge-7083	611	9	the	the	DET
ejge-7083	611	10	complex	complex	ADJ
ejge-7083	611	11	-	-	PUNCT
ejge-7083	611	12	conjugate	conjugate	ADJ
ejge-7083	611	13	frequencies	frequency	NOUN
ejge-7083	611	14	employs	employ	VERB
ejge-7083	611	15	a	a	DET
ejge-7083	611	16	f	f	ADJ
ejge-7083	611	17	-	-	PUNCT
ejge-7083	611	18	type	type	NOUN
ejge-7083	611	19	statistic	statistic	NOUN
ejge-7083	611	20	.	.	PUNCT
ejge-7083	612	1	12	12	NUM
ejge-7083	612	2	non	non	ADJ
ejge-7083	612	3	-	-	ADJ
ejge-7083	612	4	stationary	stationary	ADJ
ejge-7083	612	5	process	process	NOUN
ejge-7083	612	6	with	with	ADP
ejge-7083	612	7	a	a	DET
ejge-7083	612	8	stochastic	stochastic	ADJ
ejge-7083	612	9	trend	trend	NOUN
ejge-7083	612	10	which	which	PRON
ejge-7083	612	11	requires	require	VERB
ejge-7083	612	12	to	to	PART
ejge-7083	612	13	be	be	AUX
ejge-7083	612	14	d	d	ADP
ejge-7083	612	15	times	time	NOUN
ejge-7083	612	16	differentiated	differentiate	VERB
ejge-7083	612	17	as	as	SCONJ
ejge-7083	612	18	to	to	PART
ejge-7083	612	19	support	support	VERB
ejge-7083	612	20	a	a	DET
ejge-7083	612	21	stationary	stationary	ADJ
ejge-7083	612	22	and	and	CCONJ
ejge-7083	612	23	invertible	invertible	ADJ
ejge-7083	612	24	arma	arma	NOUN
ejge-7083	612	25	representation	representation	NOUN
ejge-7083	612	26	.	.	PUNCT
ejge-7083	613	1	13	13	NUM
ejge-7083	613	2	the	the	DET
ejge-7083	613	3	election	election	NOUN
ejge-7083	613	4	of	of	ADP
ejge-7083	613	5	the	the	DET
ejge-7083	613	6	number	number	NOUN
ejge-7083	613	7	of	of	ADP
ejge-7083	613	8	lags	lag	NOUN
ejge-7083	613	9	is	be	AUX
ejge-7083	613	10	conducted	conduct	VERB
ejge-7083	613	11	by	by	ADP
ejge-7083	613	12	the	the	DET
ejge-7083	613	13	aic	aic	PROPN
ejge-7083	613	14	criterion	criterion	NOUN
ejge-7083	613	15	so	so	SCONJ
ejge-7083	613	16	that	that	SCONJ
ejge-7083	613	17	the	the	DET
ejge-7083	613	18	optimal	optimal	ADJ
ejge-7083	613	19	k	k	PROPN
ejge-7083	613	20	satisfies	satisfie	NOUN
ejge-7083	613	21	that	that	PRON
ejge-7083	613	22	aick	aick	VERB
ejge-7083	613	23	<	<	X
ejge-7083	613	24	aick-1	aick-1	PRON
ejge-7083	613	25	(	(	PUNCT
ejge-7083	613	26	dickey	dickey	PROPN
ejge-7083	613	27	and	and	CCONJ
ejge-7083	613	28	pantula	pantula	PROPN
ejge-7083	613	29	1987	1987	NUM
ejge-7083	613	30	)	)	PUNCT
ejge-7083	613	31	.	.	PUNCT
ejge-7083	614	1	14	14	NUM
ejge-7083	615	1	the	the	DET
ejge-7083	615	2	main	main	ADJ
ejge-7083	615	3	difference	difference	NOUN
ejge-7083	615	4	with	with	ADP
ejge-7083	615	5	adf	adf	PROPN
ejge-7083	615	6	is	be	AUX
ejge-7083	615	7	the	the	DET
ejge-7083	615	8	assumption	assumption	NOUN
ejge-7083	615	9	regarding	regard	VERB
ejge-7083	615	10	the	the	DET
ejge-7083	615	11	distribution	distribution	NOUN
ejge-7083	615	12	of	of	ADP
ejge-7083	615	13	the	the	DET
ejge-7083	615	14	error	error	NOUN
ejge-7083	615	15	term	term	NOUN
ejge-7083	615	16	in	in	ADP
ejge-7083	615	17	the	the	DET
ejge-7083	615	18	auxiliary	auxiliary	ADJ
ejge-7083	615	19	regression	regression	NOUN
ejge-7083	615	20	.	.	PUNCT
ejge-7083	616	1	pp	pp	PROPN
ejge-7083	616	2	assumes	assume	VERB
ejge-7083	616	3	the	the	DET
ejge-7083	616	4	same	same	ADJ
ejge-7083	616	5	basic	basic	ADJ
ejge-7083	616	6	specification	specification	NOUN
ejge-7083	616	7	of	of	ADP
ejge-7083	616	8	the	the	DET
ejge-7083	616	9	adf	adf	NOUN
ejge-7083	616	10	test	test	NOUN
ejge-7083	616	11	but	but	CCONJ
ejge-7083	616	12	considers	consider	VERB
ejge-7083	616	13	that	that	SCONJ
ejge-7083	616	14	the	the	DET
ejge-7083	616	15	error	error	NOUN
ejge-7083	616	16	term	term	NOUN
ejge-7083	616	17	is	be	AUX
ejge-7083	616	18	not	not	PART
ejge-7083	616	19	a	a	DET
ejge-7083	616	20	random	random	ADJ
ejge-7083	616	21	noise	noise	NOUN
ejge-7083	616	22	–	–	PUNCT
ejge-7083	616	23	it	it	PRON
ejge-7083	616	24	can	can	AUX
ejge-7083	616	25	be	be	AUX
ejge-7083	616	26	serially	serially	ADV
ejge-7083	616	27	correlated	correlate	VERB
ejge-7083	616	28	–	–	PUNCT
ejge-7083	616	29	but	but	CCONJ
ejge-7083	616	30	a	a	DET
ejge-7083	616	31	stationary	stationary	ADJ
ejge-7083	616	32	arma	arma	NOUN
ejge-7083	616	33	process	process	NOUN
ejge-7083	616	34	.	.	PUNCT
ejge-7083	617	1	david	david	PROPN
ejge-7083	617	2	boto	boto	PROPN
ejge-7083	617	3	-	-	PUNCT
ejge-7083	617	4	garcía	garcía	VERB
ejge-7083	617	5	et	et	PROPN
ejge-7083	617	6	al	al	PROPN
ejge-7083	617	7	.	.	PUNCT
ejge-7083	617	8	/	/	SYM
ejge-7083	617	9	european	european	PROPN
ejge-7083	617	10	journal	journal	PROPN
ejge-7083	617	11	of	of	ADP
ejge-7083	617	12	government	government	NOUN
ejge-7083	617	13	and	and	CCONJ
ejge-7083	617	14	economics	economic	NOUN
ejge-7083	617	15	10(1	10(1	NUM
ejge-7083	617	16	)	)	PUNCT
ejge-7083	617	17	,	,	PUNCT
ejge-7083	617	18	june	june	PROPN
ejge-7083	617	19	2021	2021	NUM
ejge-7083	617	20	,	,	PUNCT
ejge-7083	617	21	5	5	NUM
ejge-7083	617	22	-	-	SYM
ejge-7083	617	23	29	29	NUM
ejge-7083	617	24	28	28	NUM
ejge-7083	617	25	if	if	SCONJ
ejge-7083	617	26	the	the	DET
ejge-7083	617	27	structural	structural	ADJ
ejge-7083	617	28	break	break	NOUN
ejge-7083	617	29	from	from	ADP
ejge-7083	617	30	the	the	DET
ejge-7083	617	31	first	first	ADJ
ejge-7083	617	32	quarter	quarter	NOUN
ejge-7083	617	33	2012	2012	NUM
ejge-7083	617	34	onwards	onwards	ADV
ejge-7083	617	35	is	be	AUX
ejge-7083	617	36	controlled	control	VERB
ejge-7083	617	37	for	for	ADP
ejge-7083	617	38	in	in	ADP
ejge-7083	617	39	the	the	DET
ejge-7083	617	40	regression.table	regression.table	ADJ
ejge-7083	617	41	a1	a1	NOUN
ejge-7083	617	42	.	.	PUNCT
ejge-7083	618	1	hegy	hegy	NOUN
ejge-7083	618	2	tests	test	NOUN
ejge-7083	618	3	for	for	ADP
ejge-7083	618	4	seasonal	seasonal	ADJ
ejge-7083	618	5	integrability	integrability	NOUN
ejge-7083	618	6	.	.	PUNCT
ejge-7083	619	1	note	note	NOUN
ejge-7083	619	2	:	:	PUNCT
ejge-7083	619	3	(	(	PUNCT
ejge-7083	619	4	*	*	NOUN
ejge-7083	619	5	)	)	PUNCT
ejge-7083	619	6	,	,	PUNCT
ejge-7083	619	7	(	(	PUNCT
ejge-7083	619	8	*	*	PUNCT
ejge-7083	619	9	*	*	PUNCT
ejge-7083	619	10	)	)	PUNCT
ejge-7083	619	11	and	and	CCONJ
ejge-7083	619	12	(	(	PUNCT
ejge-7083	619	13	*	*	PUNCT
ejge-7083	619	14	*	*	PUNCT
ejge-7083	619	15	*	*	PUNCT
ejge-7083	619	16	)	)	PUNCT
ejge-7083	619	17	indicate	indicate	VERB
ejge-7083	619	18	significance	significance	NOUN
ejge-7083	619	19	at	at	ADP
ejge-7083	619	20	10	10	NUM
ejge-7083	619	21	%	%	NOUN
ejge-7083	619	22	,	,	PUNCT
ejge-7083	619	23	5	5	NUM
ejge-7083	619	24	%	%	NOUN
ejge-7083	619	25	and	and	CCONJ
ejge-7083	619	26	1	1	NUM
ejge-7083	619	27	%	%	NOUN
ejge-7083	619	28	level	level	NOUN
ejge-7083	619	29	respectively	respectively	ADV
ejge-7083	619	30	.	.	PUNCT
ejge-7083	619	31	table	table	NOUN
ejge-7083	619	32	a2	a2	PROPN
ejge-7083	619	33	.	.	PUNCT
ejge-7083	620	1	adf	adf	PROPN
ejge-7083	620	2	and	and	CCONJ
ejge-7083	620	3	phillips	phillips	PROPN
ejge-7083	620	4	-	-	PUNCT
ejge-7083	620	5	perron	perron	PROPN
ejge-7083	620	6	tests	test	NOUN
ejge-7083	620	7	for	for	ADP
ejge-7083	620	8	unit	unit	NOUN
ejge-7083	620	9	roots	root	NOUN
ejge-7083	620	10	.	.	PUNCT
ejge-7083	621	1	adf	adf	NOUN
ejge-7083	621	2	test	test	NOUN
ejge-7083	621	3	pp	pp	ADP
ejge-7083	621	4	test	test	NOUN
ejge-7083	621	5	decision	decision	NOUN
ejge-7083	621	6	variable	variable	ADJ
ejge-7083	621	7	levels	level	NOUN
ejge-7083	621	8	firstdifferences	firstdifference	VERB
ejge-7083	621	9	levels	level	NOUN
ejge-7083	621	10	firstdifferences	firstdifference	NOUN
ejge-7083	621	11	roaa	roaa	VERB
ejge-7083	621	12	-3.40	-3.40	ADJ
ejge-7083	621	13	*	*	NOUN
ejge-7083	621	14	*	*	PUNCT
ejge-7083	621	15	-7,14	-7,14	PROPN
ejge-7083	621	16	*	*	PUNCT
ejge-7083	621	17	*	*	PUNCT
ejge-7083	621	18	*	*	PUNCT
ejge-7083	621	19	-2.67	-2.67	NOUN
ejge-7083	621	20	-7.34	-7.34	NOUN
ejge-7083	621	21	*	*	PUNCT
ejge-7083	621	22	*	*	PUNCT
ejge-7083	621	23	*	*	PUNCT
ejge-7083	621	24	i(0	i(0	NOUN
ejge-7083	621	25	)	)	PUNCT
ejge-7083	621	26	or	or	CCONJ
ejge-7083	621	27	i(1	i(1	PROPN
ejge-7083	621	28	)	)	PUNCT
ejge-7083	621	29	roae	roae	NOUN
ejge-7083	621	30	-3.26	-3.26	X
ejge-7083	621	31	*	*	SYM
ejge-7083	621	32	-7.00	-7.00	NUM
ejge-7083	621	33	*	*	PUNCT
ejge-7083	621	34	*	*	PUNCT
ejge-7083	621	35	*	*	PUNCT
ejge-7083	621	36	-2.59	-2.59	NUM
ejge-7083	621	37	-7.19	-7.19	NOUN
ejge-7083	621	38	*	*	PUNCT
ejge-7083	621	39	*	*	PUNCT
ejge-7083	621	40	*	*	PUNCT
ejge-7083	621	41	i(0	i(0	NOUN
ejge-7083	621	42	)	)	PUNCT
ejge-7083	621	43	or	or	CCONJ
ejge-7083	621	44	i(1	i(1	PROPN
ejge-7083	621	45	)	)	PUNCT
ejge-7083	621	46	log	log	NOUN
ejge-7083	621	47	ecb	ecb	NOUN
ejge-7083	621	48	assets	asset	NOUN
ejge-7083	621	49	-0.72	-0.72	NOUN
ejge-7083	621	50	-13.96	-13.96	NOUN
ejge-7083	621	51	*	*	PUNCT
ejge-7083	621	52	*	*	PUNCT
ejge-7083	621	53	*	*	PUNCT
ejge-7083	621	54	-1.14	-1.14	PRON
ejge-7083	621	55	-14.45	-14.45	PUNCT
ejge-7083	621	56	*	*	PUNCT
ejge-7083	621	57	*	*	PUNCT
ejge-7083	621	58	*	*	PUNCT
ejge-7083	621	59	i(1	i(1	PROPN
ejge-7083	621	60	)	)	PUNCT
ejge-7083	622	1	eurib_12	eurib_12	PROPN
ejge-7083	622	2	-2.57	-2.57	NUM
ejge-7083	622	3	-8.47	-8.47	PROPN
ejge-7083	622	4	*	*	NOUN
ejge-7083	622	5	*	*	PUNCT
ejge-7083	622	6	*	*	PUNCT
ejge-7083	622	7	-2.83	-2.83	PROPN
ejge-7083	622	8	-8.71	-8.71	PROPN
ejge-7083	622	9	*	*	NOUN
ejge-7083	622	10	*	*	PUNCT
ejge-7083	622	11	*	*	PUNCT
ejge-7083	622	12	i(1	i(1	PROPN
ejge-7083	622	13	)	)	PUNCT
ejge-7083	622	14	eurib_3	eurib_3	PROPN
ejge-7083	622	15	-2.44	-2.44	NUM
ejge-7083	622	16	-8.86	-8.86	NOUN
ejge-7083	622	17	*	*	PUNCT
ejge-7083	622	18	*	*	PUNCT
ejge-7083	622	19	*	*	PROPN
ejge-7083	622	20	-3.09	-3.09	NUM
ejge-7083	622	21	-9.05	-9.05	NOUN
ejge-7083	622	22	*	*	PUNCT
ejge-7083	622	23	*	*	PUNCT
ejge-7083	622	24	*	*	PUNCT
ejge-7083	622	25	i(1	i(1	PROPN
ejge-7083	622	26	)	)	PUNCT
ejge-7083	622	27	10y_sb	10y_sb	NUM
ejge-7083	622	28	-2.97	-2.97	NOUN
ejge-7083	622	29	*	*	NOUN
ejge-7083	622	30	*	*	NOUN
ejge-7083	622	31	-9.74	-9.74	PROPN
ejge-7083	622	32	*	*	NOUN
ejge-7083	622	33	*	*	PUNCT
ejge-7083	622	34	*	*	PUNCT
ejge-7083	623	1	-2.99	-2.99	X
ejge-7083	623	2	*	*	PUNCT
ejge-7083	623	3	*	*	PUNCT
ejge-7083	623	4	-9.78	-9.78	PRON
ejge-7083	623	5	*	*	NOUN
ejge-7083	623	6	*	*	PUNCT
ejge-7083	623	7	*	*	PUNCT
ejge-7083	623	8	i(0	i(0	NOUN
ejge-7083	623	9	)	)	PUNCT
ejge-7083	623	10	spread	spread	VERB
ejge-7083	623	11	-1.99	-1.99	INTJ
ejge-7083	623	12	-7.80	-7.80	NOUN
ejge-7083	623	13	*	*	PUNCT
ejge-7083	623	14	*	*	PUNCT
ejge-7083	623	15	*	*	PUNCT
ejge-7083	623	16	-2.19	-2.19	NUM
ejge-7083	623	17	-8.12	-8.12	NUM
ejge-7083	623	18	*	*	NOUN
ejge-7083	623	19	*	*	PUNCT
ejge-7083	623	20	*	*	PUNCT
ejge-7083	623	21	i(1	i(1	PROPN
ejge-7083	623	22	)	)	PUNCT
ejge-7083	623	23	log	log	PROPN
ejge-7083	623	24	gdp	gdp	NOUN
ejge-7083	623	25	-2,10	-2,10	PUNCT
ejge-7083	623	26	-1.51	-1.51	PRON
ejge-7083	623	27	-1.08	-1.08	ADJ
ejge-7083	623	28	-2.52	-2.52	ADJ
ejge-7083	623	29	i(1	i(1	NOUN
ejge-7083	623	30	)	)	PUNCT
ejge-7083	623	31	or	or	CCONJ
ejge-7083	623	32	i(2	i(2	PROPN
ejge-7083	623	33	)	)	PUNCT
ejge-7083	623	34	log	log	PROPN
ejge-7083	623	35	c5	c5	PROPN
ejge-7083	623	36	-0.74	-0.74	VERB
ejge-7083	623	37	-8.73	-8.73	ADV
ejge-7083	623	38	*	*	ADJ
ejge-7083	623	39	*	*	PUNCT
ejge-7083	623	40	*	*	PUNCT
ejge-7083	623	41	-1.39	-1.39	NOUN
ejge-7083	623	42	-9.00	-9.00	NUM
ejge-7083	623	43	*	*	PROPN
ejge-7083	623	44	*	*	PUNCT
ejge-7083	623	45	*	*	PUNCT
ejge-7083	623	46	i(1	i(1	PROPN
ejge-7083	623	47	)	)	PUNCT
ejge-7083	623	48	log	log	NOUN
ejge-7083	623	49	hh	hh	PROPN
ejge-7083	623	50	-1.38	-1.38	NOUN
ejge-7083	623	51	-3.49	-3.49	NOUN
ejge-7083	623	52	*	*	NOUN
ejge-7083	623	53	*	*	PROPN
ejge-7083	623	54	-1.76	-1.76	NUM
ejge-7083	623	55	-10.17	-10.17	NOUN
ejge-7083	623	56	*	*	PUNCT
ejge-7083	623	57	*	*	PUNCT
ejge-7083	623	58	*	*	PUNCT
ejge-7083	623	59	i(1	i(1	PROPN
ejge-7083	623	60	)	)	PUNCT
ejge-7083	623	61	note	note	NOUN
ejge-7083	623	62	:	:	PUNCT
ejge-7083	623	63	(	(	PUNCT
ejge-7083	623	64	*	*	NOUN
ejge-7083	623	65	)	)	PUNCT
ejge-7083	623	66	,	,	PUNCT
ejge-7083	623	67	(	(	PUNCT
ejge-7083	623	68	*	*	PUNCT
ejge-7083	623	69	*	*	PUNCT
ejge-7083	623	70	)	)	PUNCT
ejge-7083	623	71	and	and	CCONJ
ejge-7083	623	72	(	(	PUNCT
ejge-7083	623	73	*	*	PUNCT
ejge-7083	623	74	*	*	PUNCT
ejge-7083	623	75	*	*	PUNCT
ejge-7083	623	76	)	)	PUNCT
ejge-7083	623	77	indicate	indicate	VERB
ejge-7083	623	78	significance	significance	NOUN
ejge-7083	623	79	at	at	ADP
ejge-7083	623	80	10	10	NUM
ejge-7083	623	81	%	%	NOUN
ejge-7083	623	82	,	,	PUNCT
ejge-7083	623	83	5	5	NUM
ejge-7083	623	84	%	%	NOUN
ejge-7083	623	85	and	and	CCONJ
ejge-7083	623	86	1	1	NUM
ejge-7083	623	87	%	%	NOUN
ejge-7083	623	88	level	level	NOUN
ejge-7083	623	89	respectively	respectively	ADV
ejge-7083	623	90	.	.	PUNCT
ejge-7083	623	91	table	table	NOUN
ejge-7083	623	92	a3	a3	NOUN
ejge-7083	623	93	.	.	PUNCT
ejge-7083	624	1	dickey	dickey	PROPN
ejge-7083	624	2	and	and	CCONJ
ejge-7083	624	3	pantula	pantula	PROPN
ejge-7083	624	4	(	(	PUNCT
ejge-7083	624	5	1987	1987	NUM
ejge-7083	624	6	)	)	PUNCT
ejge-7083	624	7	test	test	NOUN
ejge-7083	624	8	for	for	ADP
ejge-7083	624	9	the	the	DET
ejge-7083	624	10	existence	existence	NOUN
ejge-7083	624	11	of	of	ADP
ejge-7083	624	12	a	a	DET
ejge-7083	624	13	double	double	ADJ
ejge-7083	624	14	unit	unit	NOUN
ejge-7083	624	15	root	root	NOUN
ejge-7083	624	16	.	.	PUNCT
ejge-7083	625	1	variable	variable	PROPN
ejge-7083	625	2	h0	h0	PROPN
ejge-7083	625	3	:	:	PUNCT
ejge-7083	625	4	t	t	PROPN
ejge-7083	625	5	-	-	PUNCT
ejge-7083	625	6	statistic	statistic	NOUN
ejge-7083	625	7	conclusion	conclusion	NOUN
ejge-7083	625	8	log	log	VERB
ejge-7083	625	9	gdp	gdp	NOUN
ejge-7083	625	10	i(2	i(2	PROPN
ejge-7083	625	11	)	)	PUNCT
ejge-7083	625	12	-1.97	-1.97	NOUN
ejge-7083	625	13	*	*	X
ejge-7083	625	14	*	*	PUNCT
ejge-7083	625	15	i(1	i(1	PROPN
ejge-7083	625	16	)	)	PUNCT
ejge-7083	625	17	note	note	NOUN
ejge-7083	625	18	:	:	PUNCT
ejge-7083	625	19	(	(	PUNCT
ejge-7083	625	20	*	*	NOUN
ejge-7083	625	21	)	)	PUNCT
ejge-7083	625	22	,	,	PUNCT
ejge-7083	625	23	(	(	PUNCT
ejge-7083	625	24	*	*	PUNCT
ejge-7083	625	25	*	*	PUNCT
ejge-7083	625	26	)	)	PUNCT
ejge-7083	625	27	and	and	CCONJ
ejge-7083	625	28	(	(	PUNCT
ejge-7083	625	29	*	*	PUNCT
ejge-7083	625	30	*	*	PUNCT
ejge-7083	625	31	*	*	PUNCT
ejge-7083	625	32	)	)	PUNCT
ejge-7083	625	33	indicate	indicate	VERB
ejge-7083	625	34	significance	significance	NOUN
ejge-7083	625	35	at	at	ADP
ejge-7083	625	36	10	10	NUM
ejge-7083	625	37	%	%	NOUN
ejge-7083	625	38	,	,	PUNCT
ejge-7083	625	39	5	5	NUM
ejge-7083	625	40	%	%	NOUN
ejge-7083	625	41	and	and	CCONJ
ejge-7083	625	42	1	1	NUM
ejge-7083	625	43	%	%	NOUN
ejge-7083	625	44	level	level	NOUN
ejge-7083	625	45	respectively	respectively	ADV
ejge-7083	625	46	.	.	PUNCT
ejge-7083	625	47	table	table	NOUN
ejge-7083	625	48	a4	a4	PROPN
ejge-7083	625	49	.	.	PUNCT
ejge-7083	625	50	zívot	zívot	PROPN
ejge-7083	625	51	&	&	CCONJ
ejge-7083	625	52	andrews	andrews	PROPN
ejge-7083	625	53	'	'	PART
ejge-7083	625	54	test	test	NOUN
ejge-7083	625	55	for	for	ADP
ejge-7083	625	56	unit	unit	NOUN
ejge-7083	625	57	root	root	NOUN
ejge-7083	625	58	with	with	ADP
ejge-7083	625	59	structural	structural	ADJ
ejge-7083	625	60	break	break	NOUN
ejge-7083	625	61	.	.	PUNCT
ejge-7083	626	1	note	note	NOUN
ejge-7083	626	2	:	:	PUNCT
ejge-7083	626	3	(	(	PUNCT
ejge-7083	626	4	*	*	NOUN
ejge-7083	626	5	)	)	PUNCT
ejge-7083	626	6	,	,	PUNCT
ejge-7083	626	7	(	(	PUNCT
ejge-7083	626	8	*	*	PUNCT
ejge-7083	626	9	*	*	PUNCT
ejge-7083	626	10	)	)	PUNCT
ejge-7083	626	11	and	and	CCONJ
ejge-7083	626	12	(	(	PUNCT
ejge-7083	626	13	*	*	PUNCT
ejge-7083	626	14	*	*	PUNCT
ejge-7083	626	15	*	*	PUNCT
ejge-7083	626	16	)	)	PUNCT
ejge-7083	626	17	indicate	indicate	VERB
ejge-7083	626	18	significance	significance	NOUN
ejge-7083	626	19	at	at	ADP
ejge-7083	626	20	10	10	NUM
ejge-7083	626	21	%	%	NOUN
ejge-7083	626	22	,	,	PUNCT
ejge-7083	626	23	5	5	NUM
ejge-7083	626	24	%	%	NOUN
ejge-7083	626	25	and	and	CCONJ
ejge-7083	626	26	1	1	NUM
ejge-7083	626	27	%	%	NOUN
ejge-7083	626	28	level	level	NOUN
ejge-7083	626	29	respectively	respectively	ADV
ejge-7083	626	30	.	.	PUNCT
ejge-7083	627	1	h0	h0	PROPN
ejge-7083	627	2	:	:	PUNCT
ejge-7083	627	3	si	si	PROPN
ejge-7083	627	4	(	(	PUNCT
ejge-7083	627	5	1,1	1,1	NUM
ejge-7083	627	6	)	)	PUNCT
ejge-7083	627	7	variable	variable	NOUN
ejge-7083	627	8	π1=0	π1=0	PROPN
ejge-7083	627	9	(	(	PUNCT
ejge-7083	627	10	zero	zero	NUM
ejge-7083	627	11	frequency	frequency	NOUN
ejge-7083	627	12	)	)	PUNCT
ejge-7083	627	13	π2=0	π2=0	PUNCT
ejge-7083	627	14	(	(	PUNCT
ejge-7083	627	15	π	π	NOUN
ejge-7083	627	16	frequency	frequency	NOUN
ejge-7083	627	17	)	)	PUNCT
ejge-7083	627	18	π3	π3	NOUN
ejge-7083	627	19	=	=	SYM
ejge-7083	627	20	π4=0	π4=0	PROPN
ejge-7083	627	21	(	(	PUNCT
ejge-7083	627	22	π/2	π/2	PROPN
ejge-7083	627	23	frequency	frequency	NOUN
ejge-7083	627	24	)	)	PUNCT
ejge-7083	627	25	integrability	integrability	NOUN
ejge-7083	627	26	conclusion	conclusion	NOUN
ejge-7083	627	27	roaa	roaa	VERB
ejge-7083	627	28	-3.23	-3.23	INTJ
ejge-7083	627	29	-4.59	-4.59	PRON
ejge-7083	627	30	*	*	PUNCT
ejge-7083	627	31	*	*	PUNCT
ejge-7083	627	32	*	*	PUNCT
ejge-7083	628	1	60.27	60.27	NUM
ejge-7083	628	2	*	*	PUNCT
ejge-7083	628	3	*	*	PUNCT
ejge-7083	628	4	*	*	PUNCT
ejge-7083	628	5	possibly	possibly	ADV
ejge-7083	628	6	i(1	i(1	PROPN
ejge-7083	628	7	)	)	PUNCT
ejge-7083	628	8	roae	roae	NOUN
ejge-7083	628	9	-2.97	-2.97	NOUN
ejge-7083	628	10	-4.50	-4.50	PROPN
ejge-7083	628	11	*	*	NOUN
ejge-7083	628	12	*	*	PUNCT
ejge-7083	628	13	*	*	PUNCT
ejge-7083	628	14	57.85	57.85	NUM
ejge-7083	628	15	*	*	PUNCT
ejge-7083	628	16	*	*	PUNCT
ejge-7083	628	17	*	*	PUNCT
ejge-7083	628	18	possibly	possibly	ADV
ejge-7083	628	19	i(1	i(1	PROPN
ejge-7083	628	20	)	)	PUNCT
ejge-7083	628	21	log	log	NOUN
ejge-7083	628	22	loans	loan	NOUN
ejge-7083	628	23	-0.46	-0.46	NUM
ejge-7083	628	24	-1.09	-1.09	VERB
ejge-7083	628	25	12.39	12.39	NUM
ejge-7083	628	26	*	*	NOUN
ejge-7083	628	27	*	*	PUNCT
ejge-7083	628	28	*	*	PUNCT
ejge-7083	628	29	i(1	i(1	PROPN
ejge-7083	628	30	)	)	PUNCT
ejge-7083	628	31	with	with	ADP
ejge-7083	628	32	frequency	frequency	NOUN
ejge-7083	628	33	each	each	DET
ejge-7083	628	34	two	two	NUM
ejge-7083	628	35	quarters	quarter	NOUN
ejge-7083	628	36	log	log	VERB
ejge-7083	628	37	ecb	ecb	NOUN
ejge-7083	628	38	assets	asset	NOUN
ejge-7083	628	39	-0.37	-0.37	NUM
ejge-7083	628	40	-3.97	-3.97	NOUN
ejge-7083	628	41	*	*	PUNCT
ejge-7083	628	42	*	*	PUNCT
ejge-7083	628	43	*	*	PUNCT
ejge-7083	629	1	20.16	20.16	NUM
ejge-7083	629	2	*	*	PUNCT
ejge-7083	629	3	*	*	PUNCT
ejge-7083	629	4	*	*	PUNCT
ejge-7083	629	5	possibly	possibly	ADV
ejge-7083	629	6	i(1	i(1	PROPN
ejge-7083	629	7	)	)	PUNCT
ejge-7083	629	8	eurib_12	eurib_12	X
ejge-7083	630	1	-2.92	-2.92	NOUN
ejge-7083	630	2	*	*	PUNCT
ejge-7083	630	3	*	*	PUNCT
ejge-7083	630	4	-5.26	-5.26	PROPN
ejge-7083	630	5	*	*	NOUN
ejge-7083	630	6	*	*	PUNCT
ejge-7083	630	7	*	*	PUNCT
ejge-7083	631	1	39.29	39.29	NUM
ejge-7083	631	2	*	*	PUNCT
ejge-7083	631	3	*	*	PUNCT
ejge-7083	631	4	*	*	PUNCT
ejge-7083	631	5	i(0	i(0	NOUN
ejge-7083	631	6	)	)	PUNCT
ejge-7083	631	7	or	or	CCONJ
ejge-7083	631	8	i(1	i(1	PROPN
ejge-7083	631	9	)	)	PUNCT
ejge-7083	631	10	eurib_3	eurib_3	VERB
ejge-7083	631	11	-4.06	-4.06	NOUN
ejge-7083	631	12	*	*	PUNCT
ejge-7083	631	13	*	*	PUNCT
ejge-7083	631	14	*	*	PUNCT
ejge-7083	631	15	-2.92	-2.92	NOUN
ejge-7083	631	16	*	*	PUNCT
ejge-7083	631	17	*	*	PUNCT
ejge-7083	631	18	*	*	PUNCT
ejge-7083	632	1	18.09	18.09	NUM
ejge-7083	632	2	*	*	PUNCT
ejge-7083	632	3	*	*	PUNCT
ejge-7083	632	4	*	*	PUNCT
ejge-7083	632	5	i(0	i(0	NOUN
ejge-7083	632	6	)	)	PUNCT
ejge-7083	632	7	or	or	CCONJ
ejge-7083	632	8	i(1	i(1	PROPN
ejge-7083	632	9	)	)	PUNCT
ejge-7083	632	10	10y_sb	10y_sb	NUM
ejge-7083	632	11	-2.45	-2.45	NUM
ejge-7083	632	12	-3.53	-3.53	PROPN
ejge-7083	632	13	*	*	NOUN
ejge-7083	632	14	*	*	NOUN
ejge-7083	632	15	*	*	PUNCT
ejge-7083	632	16	35.56	35.56	NUM
ejge-7083	632	17	*	*	PUNCT
ejge-7083	632	18	*	*	PUNCT
ejge-7083	632	19	*	*	PUNCT
ejge-7083	632	20	possibly	possibly	ADV
ejge-7083	632	21	i(1	i(1	PROPN
ejge-7083	632	22	)	)	PUNCT
ejge-7083	632	23	spread	spread	VERB
ejge-7083	632	24	-2.15	-2.15	PRON
ejge-7083	632	25	-5.08	-5.08	NOUN
ejge-7083	632	26	*	*	PUNCT
ejge-7083	632	27	*	*	PUNCT
ejge-7083	632	28	43.75	43.75	NUM
ejge-7083	632	29	*	*	PUNCT
ejge-7083	632	30	*	*	PUNCT
ejge-7083	632	31	*	*	PUNCT
ejge-7083	632	32	possibly	possibly	ADV
ejge-7083	632	33	i(1	i(1	PROPN
ejge-7083	632	34	)	)	PUNCT
ejge-7083	632	35	log	log	PROPN
ejge-7083	632	36	gdp	gdp	NOUN
ejge-7083	632	37	-2.03	-2.03	VERB
ejge-7083	632	38	-4.64	-4.64	PROPN
ejge-7083	632	39	*	*	PUNCT
ejge-7083	632	40	*	*	PUNCT
ejge-7083	632	41	*	*	PUNCT
ejge-7083	632	42	28.89	28.89	NUM
ejge-7083	632	43	*	*	NOUN
ejge-7083	632	44	*	*	PUNCT
ejge-7083	632	45	*	*	PUNCT
ejge-7083	632	46	possibly	possibly	ADV
ejge-7083	632	47	i(1	i(1	PROPN
ejge-7083	632	48	)	)	PUNCT
ejge-7083	632	49	log	log	PROPN
ejge-7083	632	50	c5	c5	PROPN
ejge-7083	632	51	-1.35	-1.35	PROPN
ejge-7083	632	52	-5.33	-5.33	PROPN
ejge-7083	632	53	*	*	PROPN
ejge-7083	632	54	*	*	PUNCT
ejge-7083	632	55	36.50	36.50	NUM
ejge-7083	632	56	*	*	PUNCT
ejge-7083	632	57	*	*	PUNCT
ejge-7083	632	58	*	*	PUNCT
ejge-7083	632	59	possibly	possibly	ADV
ejge-7083	632	60	i(1	i(1	PROPN
ejge-7083	632	61	)	)	PUNCT
ejge-7083	632	62	log	log	NOUN
ejge-7083	632	63	hh	hh	PROPN
ejge-7083	632	64	-1.65	-1.65	ADP
ejge-7083	632	65	-5.00	-5.00	PROPN
ejge-7083	632	66	*	*	PROPN
ejge-7083	632	67	*	*	PUNCT
ejge-7083	632	68	*	*	PUNCT
ejge-7083	633	1	37.22	37.22	NUM
ejge-7083	633	2	*	*	PUNCT
ejge-7083	633	3	*	*	PUNCT
ejge-7083	633	4	*	*	PUNCT
ejge-7083	633	5	possibly	possibly	ADV
ejge-7083	633	6	i(1	i(1	PROPN
ejge-7083	633	7	)	)	PUNCT
ejge-7083	633	8	variable	variable	NOUN
ejge-7083	633	9	t	t	PROPN
ejge-7083	633	10	-	-	PUNCT
ejge-7083	633	11	statistic	statistic	NOUN
ejge-7083	633	12	structural	structural	ADJ
ejge-7083	633	13	break	break	NOUN
ejge-7083	633	14	conclusion	conclusion	NOUN
ejge-7083	633	15	roaa	roaa	VERB
ejge-7083	633	16	-5.84	-5.84	PRON
ejge-7083	633	17	*	*	PUNCT
ejge-7083	633	18	*	*	PUNCT
ejge-7083	633	19	*	*	PUNCT
ejge-7083	633	20	2011:4	2011:4	NUM
ejge-7083	633	21	i(0	i(0	NOUN
ejge-7083	633	22	)	)	PUNCT
ejge-7083	633	23	with	with	ADP
ejge-7083	633	24	structural	structural	ADJ
ejge-7083	633	25	break	break	NOUN
ejge-7083	633	26	from	from	ADP
ejge-7083	633	27	2011:4	2011:4	NUM
ejge-7083	633	28	roae	roae	NOUN
ejge-7083	633	29	-6.35	-6.35	NOUN
ejge-7083	633	30	*	*	PUNCT
ejge-7083	633	31	*	*	PUNCT
ejge-7083	633	32	*	*	PROPN
ejge-7083	633	33	2011:4	2011:4	NUM
ejge-7083	633	34	i(0	i(0	NOUN
ejge-7083	633	35	)	)	PUNCT
ejge-7083	633	36	with	with	ADP
ejge-7083	633	37	structural	structural	ADJ
ejge-7083	633	38	break	break	NOUN
ejge-7083	633	39	from	from	ADP
ejge-7083	633	40	2011:4	2011:4	NUM
ejge-7083	633	41	log	log	NOUN
ejge-7083	633	42	gdp	gdp	NOUN
ejge-7083	633	43	-5.21	-5.21	NOUN
ejge-7083	633	44	*	*	PROPN
ejge-7083	633	45	*	*	PROPN
ejge-7083	633	46	2008:2	2008:2	NUM
ejge-7083	633	47	i(1	i(1	NOUN
ejge-7083	633	48	)	)	PUNCT
ejge-7083	633	49	with	with	ADP
ejge-7083	633	50	structural	structural	ADJ
ejge-7083	633	51	break	break	NOUN
ejge-7083	633	52	from	from	ADP
ejge-7083	633	53	2008:2	2008:2	NUM
ejge-7083	633	54	david	david	PROPN
ejge-7083	633	55	boto	boto	PROPN
ejge-7083	633	56	-	-	PUNCT
ejge-7083	633	57	garcía	garcía	VERB
ejge-7083	633	58	et	et	PROPN
ejge-7083	633	59	al	al	PROPN
ejge-7083	633	60	.	.	PUNCT
ejge-7083	633	61	/	/	SYM
ejge-7083	633	62	european	european	PROPN
ejge-7083	633	63	journal	journal	PROPN
ejge-7083	633	64	of	of	ADP
ejge-7083	633	65	government	government	NOUN
ejge-7083	633	66	and	and	CCONJ
ejge-7083	633	67	economics	economic	NOUN
ejge-7083	633	68	10(1	10(1	NUM
ejge-7083	633	69	)	)	PUNCT
ejge-7083	633	70	,	,	PUNCT
ejge-7083	633	71	june	june	PROPN
ejge-7083	633	72	2021	2021	NUM
ejge-7083	633	73	,	,	PUNCT
ejge-7083	633	74	5	5	NUM
ejge-7083	633	75	-	-	SYM
ejge-7083	633	76	29	29	NUM
ejge-7083	633	77	29	29	NUM
ejge-7083	633	78	appendix	appendix	PROPN
ejge-7083	633	79	ii	ii	PROPN
ejge-7083	633	80	.	.	PUNCT
ejge-7083	633	81	model	model	NOUN
ejge-7083	633	82	extensions	extension	NOUN
ejge-7083	633	83	.	.	PUNCT
ejge-7083	634	1	table	table	NOUN
ejge-7083	634	2	a5	a5	PROPN
ejge-7083	634	3	.	.	PUNCT
ejge-7083	635	1	coefficient	coefficient	NOUN
ejge-7083	635	2	estimates	estimate	NOUN
ejge-7083	635	3	for	for	ADP
ejge-7083	635	4	model	model	NOUN
ejge-7083	635	5	extensions	extension	NOUN
ejge-7083	635	6	.	.	PUNCT
ejge-7083	636	1	(	(	PUNCT
ejge-7083	636	2	1	1	X
ejge-7083	636	3	)	)	PUNCT
ejge-7083	636	4	(	(	PUNCT
ejge-7083	636	5	2	2	X
ejge-7083	636	6	)	)	PUNCT
ejge-7083	636	7	coefficient	coefficient	NOUN
ejge-7083	636	8	se	se	PROPN
ejge-7083	636	9	coefficient	coefficient	PROPN
ejge-7083	636	10	se	se	PROPN
ejge-7083	636	11	δ2	δ2	PROPN
ejge-7083	636	12	log	log	NOUN
ejge-7083	636	13	loans	loan	NOUN
ejge-7083	636	14	7.812	7.812	NUM
ejge-7083	636	15	*	*	NOUN
ejge-7083	636	16	*	*	PUNCT
ejge-7083	636	17	*	*	PUNCT
ejge-7083	636	18	2.931	2.931	NUM
ejge-7083	636	19	7.264	7.264	NUM
ejge-7083	636	20	*	*	PUNCT
ejge-7083	636	21	*	*	PROPN
ejge-7083	636	22	2.880	2.880	NUM
ejge-7083	636	23	δ	δ	X
ejge-7083	636	24	eurib_12	eurib_12	X
ejge-7083	636	25	-0.507	-0.507	PUNCT
ejge-7083	636	26	*	*	PUNCT
ejge-7083	636	27	*	*	NOUN
ejge-7083	636	28	0.195	0.195	NUM
ejge-7083	636	29	-0.437	-0.437	NOUN
ejge-7083	636	30	*	*	NOUN
ejge-7083	636	31	*	*	NUM
ejge-7083	636	32	0.172	0.172	NUM
ejge-7083	636	33	δ	δ	X
ejge-7083	636	34	eurib_12	eurib_12	PROPN
ejge-7083	636	35	x	x	SYM
ejge-7083	636	36	euribor	euribor	PROPN
ejge-7083	636	37	.	.	PUNCT
ejge-7083	637	1	positive	positive	ADJ
ejge-7083	637	2	0.375	0.375	NUM
ejge-7083	637	3	*	*	PUNCT
ejge-7083	637	4	*	*	PROPN
ejge-7083	637	5	0.186	0.186	NUM
ejge-7083	637	6	δ	δ	NOUN
ejge-7083	637	7	eurib_12	eurib_12	PROPN
ejge-7083	637	8	x	x	SYM
ejge-7083	637	9	euribor	euribor	PROPN
ejge-7083	637	10	.	.	PUNCT
ejge-7083	638	1	abovemean	abovemean	PROPN
ejge-7083	638	2	0.447	0.447	NUM
ejge-7083	639	1	*	*	SYM
ejge-7083	639	2	*	*	PROPN
ejge-7083	639	3	0.195	0.195	NUM
ejge-7083	639	4	δ	δ	NOUN
ejge-7083	639	5	10y_sb	10y_sb	NUM
ejge-7083	639	6	0.182	0.182	NUM
ejge-7083	639	7	*	*	PUNCT
ejge-7083	639	8	*	*	NOUN
ejge-7083	639	9	0.072	0.072	NUM
ejge-7083	639	10	0.160	0.160	NUM
ejge-7083	639	11	*	*	PUNCT
ejge-7083	639	12	*	*	NOUN
ejge-7083	639	13	0.072	0.072	NUM
ejge-7083	639	14	δ	δ	PROPN
ejge-7083	639	15	log	log	VERB
ejge-7083	639	16	gdp	gdp	NOUN
ejge-7083	639	17	70.624	70.624	NUM
ejge-7083	639	18	*	*	PUNCT
ejge-7083	639	19	*	*	PUNCT
ejge-7083	639	20	*	*	X
ejge-7083	639	21	22.676	22.676	NUM
ejge-7083	639	22	67.294	67.294	NUM
ejge-7083	639	23	*	*	PUNCT
ejge-7083	639	24	*	*	PUNCT
ejge-7083	639	25	*	*	X
ejge-7083	639	26	22.346	22.346	NUM
ejge-7083	639	27	δ	δ	NOUN
ejge-7083	639	28	log	log	NOUN
ejge-7083	639	29	c5	c5	PROPN
ejge-7083	639	30	0.119	0.119	NUM
ejge-7083	639	31	1.023	1.023	NUM
ejge-7083	639	32	-0.030	-0.030	NUM
ejge-7083	639	33	1.053	1.053	NUM
ejge-7083	639	34	δ	δ	NOUN
ejge-7083	639	35	log	log	NOUN
ejge-7083	639	36	c5	c5	PROPN
ejge-7083	639	37	x	x	PUNCT
ejge-7083	639	38	d2012	d2012	NOUN
ejge-7083	639	39	-22.881	-22.881	VERB
ejge-7083	639	40	4.823	4.823	NUM
ejge-7083	639	41	-22.558	-22.558	X
ejge-7083	639	42	*	*	PUNCT
ejge-7083	639	43	*	*	PUNCT
ejge-7083	639	44	*	*	PUNCT
ejge-7083	639	45	5.248	5.248	NUM
ejge-7083	639	46	d2010	d2010	NOUN
ejge-7083	639	47	-0.809	-0.809	PUNCT
ejge-7083	639	48	*	*	PUNCT
ejge-7083	639	49	*	*	PUNCT
ejge-7083	639	50	*	*	PUNCT
ejge-7083	639	51	0.217	0.217	NUM
ejge-7083	639	52	-0.694	-0.694	NOUN
ejge-7083	639	53	*	*	PUNCT
ejge-7083	639	54	*	*	PUNCT
ejge-7083	639	55	*	*	NOUN
ejge-7083	639	56	0.209	0.209	NUM
ejge-7083	639	57	d2012	d2012	NOUN
ejge-7083	639	58	-1.501	-1.501	PUNCT
ejge-7083	639	59	*	*	PUNCT
ejge-7083	639	60	*	*	PUNCT
ejge-7083	639	61	*	*	NOUN
ejge-7083	639	62	0.399	0.399	NUM
ejge-7083	639	63	-1.381	-1.381	PUNCT
ejge-7083	639	64	*	*	PUNCT
ejge-7083	639	65	*	*	PUNCT
ejge-7083	639	66	*	*	PUNCT
ejge-7083	639	67	0.407	0.407	NUM
ejge-7083	639	68	q1	q1	PROPN
ejge-7083	639	69	0.075	0.075	NUM
ejge-7083	639	70	0.098	0.098	NUM
ejge-7083	639	71	0.103	0.103	NUM
ejge-7083	639	72	0.099	0.099	NUM
ejge-7083	639	73	q2	q2	NOUN
ejge-7083	639	74	0.198	0.198	NUM
ejge-7083	639	75	0.122	0.122	NUM
ejge-7083	639	76	0.211	0.211	NUM
ejge-7083	639	77	*	*	SYM
ejge-7083	639	78	0.123	0.123	NUM
ejge-7083	639	79	q3	q3	NOUN
ejge-7083	639	80	0.097	0.097	NUM
ejge-7083	639	81	0.098	0.098	NUM
ejge-7083	639	82	0.158	0.158	NUM
ejge-7083	639	83	0.106	0.106	NUM
ejge-7083	639	84	trend	trend	NOUN
ejge-7083	639	85	0.021	0.021	NUM
ejge-7083	639	86	*	*	NOUN
ejge-7083	639	87	*	*	PROPN
ejge-7083	639	88	0.007	0.007	NUM
ejge-7083	639	89	0.018	0.018	NUM
ejge-7083	639	90	*	*	PUNCT
ejge-7083	639	91	*	*	PUNCT
ejge-7083	639	92	0.007	0.007	NUM
ejge-7083	639	93	constant	constant	ADJ
ejge-7083	639	94	-0.909	-0.909	NUM
ejge-7083	640	1	0.568	0.568	NUM
ejge-7083	640	2	-0.725	-0.725	SYM
ejge-7083	640	3	0.557	0.557	NUM
ejge-7083	640	4	𝑅𝑅2	𝑅𝑅2	PROPN
ejge-7083	640	5	0.763	0.763	NUM
ejge-7083	640	6	0.709	0.709	NUM
ejge-7083	640	7	aic	aic	PROPN
ejge-7083	640	8	134.20	134.20	NUM
ejge-7083	640	9	151.34	151.34	NUM
ejge-7083	640	10	note	note	NOUN
ejge-7083	640	11	:	:	PUNCT
ejge-7083	640	12	(	(	PUNCT
ejge-7083	640	13	*	*	NOUN
ejge-7083	640	14	)	)	PUNCT
ejge-7083	640	15	,	,	PUNCT
ejge-7083	640	16	(	(	PUNCT
ejge-7083	640	17	*	*	PUNCT
ejge-7083	640	18	*	*	PUNCT
ejge-7083	640	19	)	)	PUNCT
ejge-7083	640	20	and	and	CCONJ
ejge-7083	640	21	(	(	PUNCT
ejge-7083	640	22	*	*	PUNCT
ejge-7083	640	23	*	*	PUNCT
ejge-7083	640	24	*	*	PUNCT
ejge-7083	640	25	)	)	PUNCT
ejge-7083	640	26	indicate	indicate	VERB
ejge-7083	640	27	significance	significance	NOUN
ejge-7083	640	28	at	at	ADP
ejge-7083	640	29	10	10	NUM
ejge-7083	640	30	%	%	NOUN
ejge-7083	640	31	,	,	PUNCT
ejge-7083	640	32	5	5	NUM
ejge-7083	640	33	%	%	NOUN
ejge-7083	640	34	and	and	CCONJ
ejge-7083	640	35	1	1	NUM
ejge-7083	640	36	%	%	NOUN
ejge-7083	640	37	level	level	NOUN
ejge-7083	640	38	respectively	respectively	ADV
ejge-7083	640	39	.	.	PUNCT