Table 1.
Sex differences in the time trend of risk preference from 1976–2011
Year | Slope among males (β), standard error, p-value | Slope among females (β), standard error, p-value | Constraint test* |
---|---|---|---|
1980–1983 vs. 1976–1979 | −0.01, 0.04, 0.86 | −0.09, 0.04, 0.04 | Δχ2(1) = .1.9, p = .17 |
1984–1987 vs. 1980–1983 | 0.24, 0.04, <0.01 | 0.43, 0.04, <0.01 | Δχ2(1) = 11.4, p < .01 |
1988–1991 vs. 1984–1987 | 0.11, 0.04, <0.01 | 0.07, 0.04, 0.08 | Δχ2(1) = .51, p = .47 |
1992–1995 vs. 1988–1991 | 0.20, 0.04, <0.01 | 0.17, 0.05, <0.01 | Δχ2(1) = .27, p = .60 |
1996–1999 vs. 1992–1995 | −0.07 (0.05), 0.16 | −0.02, 0.05, 0.74 | Δχ2(1) = .71, p = .40 |
2000–2003 vs. 1996–1999 | 0.03 (0.05), 0.59 | 0.08 (0.05), 0.11 | Δχ2(1) = .58, p = .48 |
2004–2007 vs. 2000–2003 | 0.05 (0.05), 0.25 | 0.05 (0.05), 0.34 | Δχ2(1) = .00, p = .95 |
2008–2011 vs. 2004–2007 | −0.09 (0.05), 0.05 | 0.13 (0.05), <0.01 | Δχ2(1) = 13.2, p < .01 |
Constraint test is a chi-square difference test comparing a model in which slopes are free to vary to a model in which the slopes are constrained to be equal. A significant test indicates that the model in which the slopes are constrained to be equal provides a worse fit to the data than a model in which the slopes are free to vary.