Skip to main content

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.