Table 3.
Balance on Baseline Characteristics
| (1) Gender | (2) Age | (3) Education | (4) Financial Literacy | (5) HH Size | (6) Migration Duration | (7) HH Income | |
|---|---|---|---|---|---|---|---|
|
| |||||||
| Treatment 1: Financial Education |
−0.085*** (0.029) |
0.038 (0.855) |
0.212 (0.189) |
0.009 (0.026) |
−0.158 (0.140) |
0.183 (0.350) |
−0.422 (0.284) |
| Treatment 2: Financial Services |
−0.042 (0.032) |
0.356 (0.931) |
0.248 (0.203) |
0.005 (0.028) |
0.012 (0.155) |
0.224 (0.367) |
−0.027 (0.307) |
| Treatment 3: Education & Services |
−0.088*** (0.029) |
0.808 (0.851) |
−0.095 (0.188) |
0.023 (0.027) |
−0.103 (0.141) |
−0.281 (0.340) |
−0.390 (0.290) |
| Control group mean | 0.316 | 42.053 | 15.546 | 0.196 | 5.839 | 3.914 | 5.977 |
| N | 1,808 | 1,808 | 1,808 | 1,808 | 1,808 | 1,808 | 1,808 |
| R-squared | 0.007 | 0.001 | 0.003 | 0.000 | 0.001 | 0.001 | 0.002 |
| F Stat | 3.972 | 0.416 | 1.556 | 0.284 | 0.647 | 0.932 | 1.211 |
| Prob >F | 0.001 | 0.741 | 0.198 | 0.837 | 0.585 | 0.424 | 0.304 |
|
| |||||||
| (8) Remittances | (9) Expenses | (10) Assets | (11) Savings | (12) Satisfaction with Savings | (13) Borrowing | (14) Lending | |
|
| |||||||
| Treatment 1: Financial Education |
−0.263 (0.212) |
0.054 (0.065) |
0.038 (0.067) |
−0.041 (0.220) |
0.009 (0.032) |
0.264 (0.285) |
0.161 (0.241) |
| Treatment 2: Financial Services |
−0.206 (0.226) |
0.015 (0.076) |
0.077 (0.072) |
0.028 (0.243) |
0.018 (0.035) |
0.132 (0.309) |
−0.093 (0.259) |
| Treatment 3: Education & Services |
−0.191 (0.211) |
0.037 (0.070) |
0.010 (0.068) |
0.344 (0.235) |
−0.033 (0.032) |
0.178 (0.287) |
0.345 (0.248) |
| Control group mean | 10.507 | 9.088 | −0.029 | 1.461 | 0.426 | 2.919 | 1.799 |
| N | 1,808 | 1,808 | 1,808 | 1,808 | 1,808 | 1,808 | 1,808 |
| R-squared | 0.001 | 0.000 | 0.001 | 0.002 | 0.002 | 0.000 | 0.002 |
| F Stat | 0.582 | 0.275 | 0.482 | 1.152 | 0.933 | 0.298 | 1.147 |
| Prob >F | 0.627 | 0.843 | 0.695 | 0.327 | 0.424 | 0.827 | 0.329 |
Note: The table presents regression results of baseline characteristics on treatment indicator variables. Each column is a separate regression. Robust standard errors are in parenthesis. See Online Appendix Table B1 for more information on baseline characteristics.
*
p<0.10,
**
p<0.05,
***
p<0.010