|
| Linear Model (1) | Linear Model (2) | Linear Model (3) |
| Wealth With Home Equity | Wealth With Home Equity | Wealth With Home Equity | |
| Low | 0 | 0 | 0 |
| High | 69.89*** | 45.68*** | 32.04*** |
|
| (41.66) | (28.61) | (20.43) |
| Non-Finance | 0 | 0 | 0 |
| Finance | 12.47** | 9.572** | 6.908* |
|
| (3.23) | (2.67) | (1.98) |
| Employed |
| 0 | 0 |
| Retired |
| 24.56*** | 60.05*** |
|
|
| (9.40) | (23.01) |
| Unemployed |
| −27.73*** | 0.0409 |
|
|
| (−15.87) | (0.02) |
| Renter |
| 0 | 0 |
| Owner |
| 110.2*** | 84.77*** |
|
|
| (86.64) | (64.61) |
| Labor Income |
|
| 1.015*** |
|
|
|
| (57.78) |
| Age Fix Effect | Yes | Yes | Yes |
| Decade Fix Effect | Yes | Yes | Yes |
| Observations | 55,419 | 55,419 | 55,419 |
| R2 | 0.135 | 0.251 | 0.294 |