Table 6.
Relative resources squared and household income status
Random-effects model | Fixed-effects model | |||
---|---|---|---|---|
Dependent variable | Relative resources squared | |||
Independent variables | [1] | [2] | [3] | [4] |
Low socioeconomic status | −0.561** | −0.447* | −1.855** | −1.855** |
(0.241) | (0.250) | (0.752) | (0.752) | |
High socioeconomic status | 0.744* | 0.147 | ||
(0.423) | (0.705) | |||
Household income ratio | 0.392*** | 0.390*** | 0.311*** | 0.311*** |
(0.0108) | (0.0109) | (0.0125) | (0.0125) | |
Sending living expenses for non-housemates | 0.886*** | 0.859*** | −0.0298 | −0.0327 |
(0.256) | (0.256) | (0.399) | (0.399) | |
Constant | 6.288*** | 6.179*** | 7.560*** | 7.549*** |
(0.188) | (0.198) | (0.405) | (0.409) | |
R-squared | 0.255 | 0.256 | 0.243 | 0.243 |
Hausman test | ||||
chi2 (Prob > chi2) | [1] vs [3] 182.10 (0.00) | [2] vs [4] 179.95 (0.00) | ||
N | 4097 | 4097 | 4097 | 4097 |
Standard errors in parentheses. *** p < 0.01, ** p < 0.05, * p < 0.1