	(1)	(2)	(3)	(4)
VARIABLES	vol_m	impvol_m	vol_thirty_m	cds_m
				
bhck7204_inv	2.789***	3.053***	2.643***	6.388***
	[0.00941]	[0.0128]	[0.00944]	[0.0383]
				
Observations	6,457	6,373	6,457	6,457
Adjusted R-squared	0.932	0.899	0.924	0.811
Standard errors in brackets				
*** p<0.01, ** p<0.05, * p<0.1				
