. Author manuscript; available in PMC: 2013 Nov 12.

Published in final edited form as: Econ Dev Cult Change. 2013 Oct;62(1):10.1086/671712. doi: 10.1086/671712

Table 7.

Testing Predictions of the Model

	Dependent Variable:		Ratio:
	Total spending on funeral (1′)	Indicator: =1 if borrowed money for the funeral (4′)	coefficient from (1′)/(4′)
Indicator: female	–551.55 (102.831)	–0.034 (0.015)	16019.66
Indicator: relationship to head of household is ‘other’	–809.79 (104.868)	–0.039 (0.016)	20509.65
Chi-square test: X₁ coefficients (p-value)			0.00 (0.994)
Household assets	289.72 (22.002)	–0.006 (0.002)	–44688.79
Indicator: funeral policy paid money	1351.81 (113.933)	–0.106 (0.018)	–12750.61
AIDS death	–747.45 (207.215)	0.066 (0.017)	–11410.32
Chi-square test: X₂ coefficients (p-value)			0.07 (0.966)
γ: Fraction of household permanent income to be used for the funeral			0.557
Number of observations	3461	3381

Note. OLS regressions with bootstrapped standard errors in parentheses. Unobservables are clustered at the homestead level. All regressions include a complete set of age indicators by ten-year age categories and an indicator that age at death was missing (5 cases).