Table 5.

Relationship of Change in Household Wealth Holdings (2006–2000) to Cognition 2006 Couple Sample—Robust Regression (wealth in thousands of dollars)

	Total Wealth		Total Financial Wealth		Percent in Stocka
	Coef.	t	Coef.	t	Coef.	t
Female	0.282	0.17	0.348	0.14	−0.025	0.05
Hispanic	40.414	4.64	0.031	0.01	1.671	1.40
Non-white	−5.761	0.82	−12.145	3.10	0.277	0.29
Fin resp. Age	7,740	1.93	5.140	2.23	1.449	2.69
Fin resp. Age squared	−0.539	1.78	−0.036	2.08	−0.112	2.78
Fin resp. Education	2.521	2.82	0.175	0.34	−0.006	0.05
Financial respondent	−0.2012	0.05	0.356	0.14	−0.059	0.10
Total Average income	1.713	33.30	0.5290	17.97	−0.159	2.25
Average Income squared	−0.001	33.02	0.014	56.41	8.78e-06	2.87
% Income due to male	14.099	1.62	5.987	1.20	2.296	2.02
Non-Fin resp. age	2.395	1.02	3.200	2.37	−0.756	2.39
Non-Fin resp. age squared	−0.010	0.53	−0.022	1.96	0.006	2.1626
Non-Fin resp. education	−0.288	0.33	0.605	1.20	−0.039	0.33
Financial Respondent
TICS Mental Status	−4.805	2.83	−3.348	3.34	0.015	0.07
Word Recall	4.642	3.13	3.817	4.50	0.010	0.05
Numeracy	11.443	4.00	3.238	2.00	0.793	2.16
Non-Financial Respondent
TICS Mental Status	1.514	1.09	−0.419	0.53	0.027	0.14
Word Recall	2.280	1.54	1.076	1.27	−0.188	0.98
Numeracy	−2.658	0.92	−0.637	0.39	−0.119	0.32
Total wealth	−0.285	124.93	−0.416	261.57	−0.000	2.10
Cons	−441.626	3.20	−292.819	3.70	26.359	1.43
N	9,000		9,000		8,162

^aPercent in stocks estimated with OLS.