Table 7.
Results of gender heterogeneity analysis.
| (1) | (2) | (3) | (4) | |
|---|---|---|---|---|
| Total consumption | Subsistence consumption | Developmental consumption | Enjoyment consumption | |
| Risk | 0.078*** (0.022) |
0.103*** (0.024) |
0.105* (0.062) |
0.512*** (0.126) |
| Risk × GE | −0.016 (0.025) |
−0.049* (0.026) |
−0.005 (0.069) |
−0.100 (0.141) |
| GE | −0.049 (0.040) |
−0.006 (0.042) |
−0.193* (0.115) |
−0.425* (0.247) |
| AG | −0.016*** (0.003) |
−0.004 (0.003) |
−0.012 (0.010) |
−0.090*** (0.020) |
| AG2 | 0.000** (0.000) |
−0.000*** (0.000) |
−0.000 (0.000) |
0.001*** (0.000) |
| EL | 0.056*** (0.005) |
0.055*** (0.005) |
0.093*** (0.014) |
0.595*** (0.031) |
| MS | 0.287*** (0.024) |
0.254*** (0.024) |
0.787*** (0.073) |
0.506*** (0.143) |
| HS | −0.035** (0.014) |
0.055*** (0.015) |
−0.303*** (0.043) |
0.048 (0.095) |
| PI | 0.036** (0.018) |
0.051*** (0.019) |
0.132*** (0.051) |
0.430*** (0.113) |
| BB | 0.191*** (0.021) |
0.150*** (0.022) |
0.340*** (0.058) |
0.008 (0.130) |
| NH | 0.088*** (0.015) |
0.070*** (0.016) |
0.199*** (0.040) |
0.349*** (0.083) |
| FA | 0.148*** (0.007) |
0.159*** (0.006) |
0.144*** (0.016) |
0.590*** (0.034) |
| FI | 0.102*** (0.007) |
0.116*** (0.007) |
0.159*** (0.015) |
0.351*** (0.035) |
| Constant | 7.744*** (0.121) |
7.262*** (0.124) |
6.339*** (0.338) |
−5.843*** (0.698) |
| N | 8,009 | 8,008 | 8,009 | 7,797 |
| F-value | 337.452*** | 424.194*** | 119.018*** | 340.801*** |
| R 2 | 0.422 | 0.466 | 0.189 | 0.294 |
***, **, and * indicate significance at the 1%, 5%, and 10% confidence levels, respectively, with standard errors in brackets and coefficients outside brackets.