표 7 금융규제 정책 2기간 분석결과(12개월)

구분	1분위	2분위	3분위	4분위	5분위
기본모형
C	2.5302***	2.5490***	2.5622***	2.5728***	2.4361
	(0.0433)	(0.0082)	(0.0076)	(0.0047)	(0.0105)
Policy	0.0224	0.0420	0.0588*	0.0666**	0.0770***
	(0.0463)	(0.0260)	(0.0213)	(0.0220)	(0.0107)
Region	-0.1078*	-0.0254	-0.0328	0.1916**	-0.0164
	(0.0610)	(0.0499)	(0.1173)	(0.0715)	(0.0106)
Policy×region	0.0035	-0.0282	-0.0273	-0.0537	-0.0658***
	(0.0671)	(0.0761)	(0.1653)	(0.1155)	(0.0119)
R2	0.1708	0.0580	0.0772	0.3136	0.2368
확장모형
C	3.0972***	3.4086***	2.9239***	2.5988***	2.5866***
	(0.8462)	(0.7959)	(0.6828)	(0.7770)	(0.5474)
Policy	0.0655***	0.0584***	0.0588**	0.0717**	0.0582***
	(0.0205)	(0.0210)	(0.0235)	(0.0285)	(0.0182)
Region	-0.0456	-0.0981	-0.1333**	-0.1910***	-0.0457
	(0.1135)	(0.0732)	(0.0659)	(0.0595)	(0.1081)
Policy×region	-0.0408	-0.0391	-0.0190	-0.0303	-0.0837
	(0.1240)	(0.0884)	(0.0865)	(0.0850)	(0.1140)
출생아수	0.0004**	0.0001	0.0002	0.0002	0.0001***
	(0.0001)	(0.0002)	(0.0002)	(0.0002)	(0.0001)
인구자연증가수	-0.0001**	-0.0001	-0.0001	-0.0001	-0.0001***
	(0.0002)	(0.0002)	(0.0002)	(0.0002)	(0.0001)
혼인건수	-0.0001	0.0001	0.0001	0.0001	-0.0001
	(0.0001)	(0.0001)	(0.0001)	(0.0001)	(0.0002)
고용률	-0.0118	-0.0161	-0.0074	-0.0013	-0.0032
	(0.0144)	(0.0135)	(0.0001)	(0.0131)	(0.0094)
매입거주지별 거래규모(타지역)	0.0001	0.0001	0.0001	0.0001	0.0001
	(0.0001)	(0.0001)	(0.0001)	(0.0001)	(0.0001)
아파트 인허가
실적변동률(%)	0.0001	0.0001	0.0001	-0.0001	0.0001**
	(0.0001)	(0.0004)	(0.0005)	(0.0004)	(0.0005)
아파트매매 거래량	-0.0002**	-0.0002***	-0.0003***	-0.0003***	-0.0001
	(0.0001)	(0.0001)	(0.0001)	(0.0001)	(0.0001)
R2	0.4879	0.4399	0.4835	0.5996	0.5320

주: ( )는 표준오차,
p<0.1,
p<0.05,
p<0.01.