| Period | PC Slope | t-stat | Adj. R2 |
|---|---|---|---|
| 1990-1995 | -3.12*** | -8.6 | 16% |
| 1999-2005 | -3.35*** | -6.7 | 10% |
| 2006-2009 | -5.88*** | -15.0 | 37% |
\pagenumbering{gobble}
\pagenumbering{gobble}
| Period | PC Slope | t-stat | Adj. R2 |
|---|---|---|---|
| 1990-1995 | -3.12*** | -8.6 | 16% |
| 1999-2005 | -3.35*** | -6.7 | 10% |
| 2006-2009 | -5.88*** | -15.0 | 37% |