Table 1.

Descriptive statistics of the main dependent variables with respect to political connections

	Mean	Min	25th pctl	Median	75th pctl	Max	N
Entire sample
Bailouts to assets	0.04	0	0.02	0.024	0.028	0.96	685
Log bailouts	16.4	7.4	8.47	16.2	17.3	24.9	679
Politically connected = 1
Bailouts to assets	0.055	0.0006	0.02	0.025	0.03	0.96	264
Log bailouts	17.9	11.3	16.67	17.54	18.8	24.9	264
Politically connected = 0
Bailouts to assets	0.031	0	0.19	0.024	0.027	0.9	421
Log bailouts	15.46	7.4	14.9	15.6	16.3	18.7	415

t-test connected vs. unconnected				t-test connected vs. unconnected
(Bailouts to assets)				(Log bailouts)
0.0239***				2.435***
(0.0063)				(0.138)