Table 10.
Variant | Dependent variable: Multidimensional relative poverty index | ||||
---|---|---|---|---|---|
Q10 | Q25 | 50 | Q75 | Q90 | |
Formal financial participation | −0.043*** (0.012) | −0.036*** (0.010) | −0.019*** (0.007) | −0.016** (0.008) | −0.006** (0.003) |
Informal financial participation | 0.001 (0.005) | 0.002 (0.006) | −0.009** (0.045) | −0.020*** (0.006) | −0.021*** (0.007) |
Control variable | Controlled | Controlled | Controlled | Controlled | Controlled |
Constant term | 0.233*** (0.037) | 0.345*** (0.037) | 0.605*** (0.061) | 0.757*** (0.008) | 0.817*** (0.088) |
N | 5,303 | 5,303 | 5,303 | 5,303 | 5,303 |
*** and ** indicate significance at the 1% and 5% levels, respectively; control variables remain consistent with those listed in Table 4; q represents the quartile point, with five quartiles −10%, 25%, 50%, 75%, and 90%—selected in ascending order.