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Table 7 Fixed-effects estimates of the ownership likelihood of various components of net wealth by wealth quartiles in 2006

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

Key regressors Financial wealth Primary home
  Coefficient (Robust S.E.) F-statistic Coefficient (Robust S.E.) F-statistic
Households in the Bottom Wealth Quartiles in 2006
Post-Recession −0.012   −0.035  
  (0.045)   (0.026)  
Post*Migrant HH −0.097 0.85 −0.024 1.00
  (0.075)   (0.054)  
Post*Mixed HH −0.058 0.32 −0.064 2.25*
  (0.076)   (0.041)  
N 2,485   2,485  
Households in the Middle Wealth Quartiles in 2006
Post-Recession −0.021   −0.034***  
  (0.020)   (0.010)  
Post*Migrant HH −0.048 0.98 0.017 6.09***
  (0.057)   (0.020)  
Post*Mixed HH −0.064 1.75 0.021 5.86***
  (0.043)   (0.015)  
N 4,932   4,932  
Households in the Top Wealth Quartiles in 2006
Post-Recession −0.037*   −0.009  
  (0.019)   (0.011)  
Post*Migrant HH 0.014 1.93 −0.062* 2.31*
  (0.042)   (0.034)  
Post*Mixed HH 0.011 1.93 0.021 0.96
  (0.026)   (0.017)  
N 2,697   2,697  
  1. Notes: The regressions include a constant term as well as the same regressors included in Table 4. * indicates significance at the 10% level, ** indicates significance at the 5% level and *** indicates significance at the 1% level. Standard errors are robust.