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Table 4 Fixed-effects estimates of logarithm of net total wealth

From: The impact of the recession on the wealth of older immigrant and native households in the United States

Regressors Without SS wealth With SS wealth
  Coefficient (Robust S.E.) F-Statistic Coefficient (Robust S.E.) F-Statistic
Age 56-60 0.046   −0.039  
  (0.063)   (0.315)  
Age 61-65 0.188**   0.126  
  (0.088)   (0.415)  
Age 66-70 0.258**   0.386  
  (0.111)   (0.418)  
Age 71-80 0.274**   0.418  
  (0.135)   (0.421)  
Age 81+ 0.161   0.394  
  (0.172)   (0.534)  
No. of HH Residents 0.023   0.023  
  (0.025)   (0.020)  
No. of Children 0.028   0.006  
  (0.037)   (0.021)  
Post-Recession −0.264***   −0.228***  
  (0.036)   (0.025)  
Post*Migrant HH 0.021 27.15*** 0.111 41.54***
  (0.083)   (0.074)  
Post*Mixed HH −0.119* 29.11*** −0.041 41.92***
  (0.068)   (0.052)  
Post*Male 0.005 36.20*** 0.015 57.04***
  (0.032)   (0.026)  
Post*Black 0.083 27.18*** 0.117*** 42.50***
  (0.065)   (0.042)  
Post*Other Race −0.048 27.35*** −0.013 40.92***
  (0.089)   (0.076)  
Post*Hispanic −0.049 28.21*** −0.037 42.08***
  (0.077)   (0.059)  
Post*More than HS 0.029 29.91*** −0.014 44.99***
  (0.032)   (0.025)  
New England −0.132   0.313  
  (0.256)   (0.201)  
Mid Atlantic 0.146   0.196  
  (0.330)   (0.146)  
East North Central 0.140   0.277**  
  (0.215)   (0.137)  
West North Central 0.430   0.480***  
  (0.407)   (0.173)  
East South Central −0.104   0.109  
  (0.246)   (0.226)  
West South Central −0.017   0.422  
  (0.521)   (0.324)  
Mountain 0.023   0.214  
  (0.351)   (0.182)  
Pacific 0.187   0.191  
  (0.459)   (0.160)  
N 9,505   4,875  
  1. Notes: The regressions include a constant term. * indicates significance at the 10% level, ** indicates significance at the 5% level and *** indicates significance at the 1% level. Reference categories are younger than 56 and residing in the South Atlantic region. Standard errors are robust.