Table 4B.
F (5) |
M (6) |
F (7) |
M (8) |
|
---|---|---|---|---|
Decile 1: most risky | −1.834†
(0.080) |
−3.164†
(0.056) |
−2.011†
(0.117) |
−1.874†
(0.079) |
Decile 2 | −1.187†
(0.056) |
−1.908†
(0.038) |
−1.296†
(0.075) |
−1.197†
(0.051) |
Decile 3 | −0.649†
(0.046) |
−1.070†
(0.031) |
−0.700†
(0.054) |
−0.618†
(0.037) |
Decile 4 | −0.127†
(0.040) |
−0.354†
(0.027) |
−0.144†
(0.042) |
−0.125†
(0.029) |
Decile 6 | −0.262†
(0.040) |
−0.047*
(0.027) |
−0.269†
(0.042) |
−0.276†
(0.029) |
Decile 7 | −0.511†
(0.044) |
−0.311†
(0.031) |
−0.532†
(0.050) |
−0.764†
(0.036) |
Decile 8 | −1.097†
(0.052) |
−0.608†
(0.036) |
−1.120†
(0.065) |
−1.273†
(0.045) |
Decile 9 | −1.575†
(0.060) |
−0.993†
(0.045) |
−1.588†
(0.081) |
−1.900†
(0.058) |
Decile 10: least risky | −2.795†
(0.088) |
−1.670†
(0.063) |
−2.753†
(0.120) |
−2.933†
(0.085) |
Wage | −0.015†
(0.004) |
0.221†
(0.003) |
||
Controls for major dummy variables: | N | N | Y | Y |
Observations | 213,576 | 467,262 | 213,576 | 467,262 |
Note: Standard errors in parentheses.
p < 0.01;
p < 0.1