. Author manuscript; available in PMC: 2021 Apr 1.

Published in final edited form as: J Polit Econ. 2020 Apr;128(4):1474–1522. doi: 10.1086/705415

Table 11:

Pensions and Household Wealth

Dep. Var:	Has Pension	Pension Wealth	Log Wealth	Log Wealth
	[1]	[2]	[3]	[4]
EA Score	0.003 (0.011)	0.030 (0.035)	0.069*** (0.022)	0.125*** (0.035)
DB Pension			0.385*** (0.035)	0.181*** (0.051)
EA Score × DB Pension				−0.096*** (0.036)
Obs.	5621	3226	5621	5621
R²	0.215	0.400	0.460	0.474
Mean outcome	0.57	$234,021
Standard Controls	X	X	X	X
Principal Comp.	X	X	X	X
Full Educ. Controls	X	X	X	X

Notes: Columns [1]-[2] of this table present estimates from regressions of defined benefit (DB) pension participation and log pension wealth (conditional on participation) on the EA score and various controls. Columns [3]-[4] present estimates from regressions of log household wealth on the EA score, DB pension participation, an interaction between the EA score and pension participation, and various controls. Significance stars ***, **, and * indicate statistical significance at the 0.01, 0.05, and 0.10 levels, respectively. Standard errors are clustered at the family level.