표 10 금융규제 정책 3기간 분석결과(18개월)

구분	1분위	2분위	3분위	4분위	5분위
기본모형
C	2.6273***	2.6493***	2.6812***	2.6981***	2.7505***
	(0.0079)	(0.0166)	(0.0099)	(0.0061)	(0.0081)
Policy	0.0784***	0.0854***	0.0776***	0.0984***	0.0629***
	(0.0172)	(0.0208)	(0.0413)	(0.0201)	(0.0166)
Region	-0.1091***	-0.0230	-0.0528	0.2733*	-0.0563***
	(0.0371)	(0.0501)	(0.1586)	(0.1515)	(0.0083)
Policy×region	-0.0255	-0.0433	0.0628	-0.0022	-0.4195**
	(0.0553)	(0.0662)	(0.222)	(0.1649)	(0.0175)
R2	0.2012	0.1342	0.1161	0.3321	0.2832
확장모형
C	2.3579***	2.2675***	2.4269***	1.9220***	2.2991
	(0.6427)	(0.6913)	(0.8148)	(0.5283)	(0.9139)
Policy	0.0657**	0.0928***	0.1280***	0.1587***	0.0683***
	(0.0317)	(0.0206)	(0.0235)	(0.0295)	(0.0143)
Region	-0.1420**	-0.1761***	-0.1828	-0.2471	-0.0992
	(0.0591)	(0.0490)	(0.1502)	(0.2536)	(0.0843)
Policy×region	-0.0148	0.0345	0.0217	0.0904	-0.0251
	(0.0528)	(0.0615)	(0.0976)	(0.1487)	(0.0378)
출생아수	0.0002	-0.0001	0.0001	0.0001	0.0002
	(0.0002)	(0.0002)	(0.0002)	(0.0002)	(0.0001)
인구자연증가수	-0.0001*	-0.0003*	-0.0003	-0.0002	-0.0003
	(0.0002)	(0.0002)	(0.0002)	(0.0001)	(0.0001)
혼인건수	-0.0001	0.0001	0.0002*	0.0005*	0.0001
	(0.0002)	(0.0003)	(0.0002)	(0.0002)	(0.0002)
고용률	0.0041	0.0055	0.0029	0.0102	0.0043
	(0.0105)	(0.0116)	(0.0136)	(0.0086)	(0.0153)
매입거주지별 거래규모(타지역)	-0.0001	0.0001	0.0002	0.0003	-0.0002
	(0.0001)	(0.0001)	(0.0006)	(0.0008)	(0.0006)
아파트 인허가 실적변동률(%)	0.0001	0.0001	-0.0001	-0.0001	0.0001
	(0.0002)	(0.0002)	(0.0001)	(0.0003)	(0.0003)
아파트매매 거래량	-0.0001	-0.0001	-0.0002**	-0.0002*	0.0001
	(0.0001)	(0.0001)	(0.0001)	(0.0001)	(0.0001)
R2	0.4397	0.4054	0.4506	0.5553	0.5056

주: ( )는 표준오차,
p<0.1,
p<0.05,
p<0.01.