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. 2022 Jun 20;13:906153. doi: 10.3389/fpsyg.2022.906153

TABLE 6.

The impact of limited attention on financial behavior.

Variable (1) (2) (3) (4) (5) (6) (7)
BA SM VM SMI CHI PP CC
Panel A: Current effect
LA 0.0291***
(5.2477)		 0.0972***
(20.8206)		 0.1043***
(21.6129)		 0.0044
(1.0693)		 0.0253***
(5.5241)		 0.0221***
(3.8774)		 0.0502***
(8.8078)
Controls Yes Yes Yes Yes Yes Yes Yes
Province dummy Yes Yes Yes Yes Yes Yes Yes
N 20,577 20,577 20,577 20,577 20,577 20,577 20,577
Pseudo R2 0.1266 0.2901 0.2893 0.0524 0.1108 0.1307 0.2450
Panel B: Long-term effect
LA 0.0122***
(2.7927)		 0.0666***
(13.0272)		 0.0699***
(13.1112)		 −0.0006
(−0.1505)		 0.0203***
(4.0928)		 0.0183***
(3.2222)		 0.0431***
(6.1195)
Controls Yes Yes Yes Yes Yes Yes Yes
Province dummy Yes Yes Yes Yes Yes Yes Yes
N 13,869 13,869 13,869 13,869 13,869 13,869 13,869
Pseudo R2 0.0790 0.2396 0.2442 0.0225 0.0820 0.1171 0.1955
Panel C: Dynamic effect
LA 0.0592**
(2.3682)		 0.1345***
(4.3333)		 0.1302***
(4.3796)		 0.0519*
(1.7470)		 0.0122**
(2.4586)		 0.0374**
(2.5366)		 0.0202*
(1.8058)
Controls Yes Yes Yes Yes Yes Yes Yes
Province dummy Yes Yes Yes Yes Yes Yes Yes
N 13,869 13,869 13,869 13,869 13,869 13,869 13,869
Pseudo R2 0.0464 0.0234 0.0188 0.0063 0.0092 0.0164 0.0140

This table presents regression results for the impact of limited attention on financial behavior. The dependent variable is shown above each column. Controls include GENDER, AGE, AGE2, EDU, MAR, HEALTH, FL, OLD, CHILD, FS, RL, RA, HO, OH, TA, TI. Standard errors are single-clustered by community level and Z-statistics, which are shown in parentheses. Variable definitions are presented in Supplementary Table 1. *, **, and *** indicate significance at the 10, 5, and 1% levels, respectively.