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Table 8 Fixed-effects estimates of the log net value 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 Net total wealth Financial wealth Primary home
Coefficient (Robust S.E.) F-stat Coefficient (Robust S.E.) F-stat Coefficient (Robust S.E.) F-stat
Households in the Bottom Wealth Quartiles in 2006
Post-Recession 0.083   −0.262   0.305**  
  (0.121)   (0.268)   (0.122)  
Post*Migrant HH 0.299 1.01 0.012 0.49 0.519* 4.35***
  (0.238) (0.399) (0.296)
Post*Mixed HH 0.006 0.24 0.325 0.68 0.275 4.31***
  (0.255) (0.568) (0.207)
N 2,117   1,178   1,545  
Households in the Middle Wealth Quartiles in 2006
Post-Recession −0.280***   −0.073   −0.206***  
  (0.041)   (0.099)   (0.035)  
Post*Migrant HH −0.029 24.08*** 0.067 0.33 −0.081 17.68***
  (0.091) (0.239) (0.073)
Post*Mixed HH −0.230*** 27.65*** −0.367* 2.15 −0.164** 21.21***
  (0.083) (0.191) (0.064)
N 4,878   4,110   4,628  
Households in the Top Wealth Quartiles in 2006
Post-Recession −0.569***   −0.507***   −0.319***  
  (0.059)   (0.141)   (0.052)  
Post*Migrant HH −0.021 47.48*** 0.099 6.49*** −0.083 20.89***
  (0.162) (0.283) (0.127)
Post*Mixed HH −0.054 47.58*** 0.281 6.87*** 0.001 19.04***
  (0.098) (0.206) (0.068)
N 2,675   2,552   2,534  
  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 1% level. Standard errors are robust.