Determinants of the Outstanding volume of Dollar Bankers' Acceptances.

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The regression analysis applied to the Latin American sector for these subperiods is summarized in Table 11. The new coefficients of R are negative (-. 001 (-.059) with extreme values of R fc and -. 00099 (-.041) with non-extreme values of R fc ) , but the 't' test results are extremely low. Our results do not support the hypothesized relationship between R t and B t .• in this sector.
This subperiod contains the following 31 quarters (periods of less than two quarters are not included): first
...quarter 1957 through second quarter 1957, first quarter 1958 through fourth quarter 1958, third quarter 1960 through first quarter 1961, third quarter 1962 through fourth quarter 1962, fourth quarter 1964 through first quarter 1966, first quarter 1967 through third quarter 1967, third quarter 1968 through fourth quarter 1968 second quarter 1969 through fourth quarter 1970, and second quarter 1971 through third quarter 1971.
104 TABLE 11 Results of Regression Analysis Applied to the Latin American Sector for Periods of Extreme and Non-Extreme Values of R Variable t-i 't-l,i Extreme Values of R t : Rt S.


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