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)
*PostMigrant HH**	0.021	27.15***	0.111	41.54***
	(0.083)		(0.074)
*PostMixed 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

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.

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