Table 4.
Competing risks regressions using cognition as analysis time
| (1) | (2) | |
|---|---|---|
| Failure: | Problems Handling Money | Not Financial Respondent |
| Memory disease diagnosis | 0.842 | 0.627 |
| (0.102) | (0.162) | |
| Control investments | 0.885 | 1.182 |
| (0.072) | (0.198) | |
| Control X Diagnosis | 1.311 | 2.713* |
| (0.302) | (1.062) | |
| Stock share tercile | 1.016 | 0.973 |
| (0.036) | (0.070) | |
| Log wealth | 0.984 | 1.002 |
| (0.011) | (0.031) | |
| Own education | 1.022 | 0.972 |
| (0.012) | (0.025) | |
| Spouse’s education | 1.004 | 1.157*** |
| (0.012) | (0.035) | |
| Spouse’s cognition: CIND | 0.739*** | 0.637* |
| (0.061) | (0.129) | |
| Spouse’s cognition: dementia | 0.745* | 0.268* |
| (0.096) | (0.152) | |
| Spouse diagnosis | 1.091 | 0.349 |
| (0.185) | (0.382) | |
| Spouse’s problems handling money | 1.083 | 0.358** |
| (0.109) | (0.128) | |
| Additional controls | Yes | Yes |
| N couples | 7730 | 7730 |
| N failures | 1001 | 230 |
| N competing risk | 5 | 17 |
Hazard ratios reported. Additional controls for respondent gender and health insurance status, as well as respondent’s and spouse’s age, education, and self-rated health are included. Standard errors clustered at the household level.