. Author manuscript; available in PMC: 2020 Apr 21.

Published in final edited form as: J Consum Aff. 2018 Apr 14;53(2):324–354. doi: 10.1111/joca.12188

TABLE 7.

Determinants of the Minority Gap in Bank Account Ownership Controlling for Race/Ethnicity and Language in Neighborhood (Race/Ethnicity of the FR)

	(1)	(2)	(3)	(4)
Black	−0.1176^***	−0.1143^***	−0.1202^***	−0.1173^***
	(0.0065)	(0.0065)	(0.0053)	(0.0053)
Hispanic	−0.0758^***	−0.1026^***	−0.0757^***	−0.1015^***
	(0.0092)	(0.0089)	(0.0092)	(0.0089)
Spanish survey	−0.1569^***		−0.1561^***
	(0.0142)		(0.0143)
Blacks (%)	−0.0003	−0.0004^*
	(0.0002)	(0.0002)
Hispanics (%)	−0.0004^***	−0.0006^***
	(0.0001)	(0.0001)
Whites (%)	−0.0002	−0.0003
	(0.0002)	(0.0002)
English language (%)			−0.0003	−0.0004
			(0.0002)	(0.0002)
Spanish language (%)			−0.0007^**	−0.0010^***
			(0.0003)	(0.0003)
R², overall	0.248	0.246	0.248	0.246

Notes: No. of obs.=74,945, No. of ind.=18,582. Other regressors are as in column (7) of Table 4. The full set of estimated coefficients is available upon request.

Significance p<.1.

^**

Significance p<.05.

^***

Significance p<.01.