Variable

(1) Below 45

(2) 45 - 64

(3) Above 64

LnHP

0.072***

(2.84)

0.045**

(2.43)

−0.032

(−0.93)

LnIncome

0.571***

(13.25)

0.416***

(13.81)

0.398***

(5.34)

N

0.091*

(1.68)

0.097***

(2.91)

0.090**

(2.42)

FS

0.099***

(2.68)

0.065***

(3.09)

0.033

(1.08)

Age

0.015**

(2.04)

0.034***

(4.83)

0.042***

(3.13)

Gender

0.045

(0.97)

−0.022

(−0.55)

−0.020

(−0.20)

Edu

−0.005

(−1.18)

0.008**

(2.14)

0.011

(1.43)

Marriage

−0.095

(−0.72)

−0.054

(−0.23)

0.000

(−0.12)

Work

0.004

(0.08)

0.037

(1.00)

0.229

(1.44)

Health

−0.004

(−0.04)

−0.067

(−1.50)

0.039

(0.46)

Constant

2.492***

(5.09)

2.974***

(6.34)

2.386**

(2.00)

Obs

3611

5199

1375

R2

0.423

0.281

0.245