|
Variables
|
(1)
|
(2)
|
(3)
|
(4)
|
(5)
|
|---|
|
dk/na
|
\(+\) or \(-\) same
|
Points to increase (\(\times \)10)
|
Points to drop (\(\times \)10)
|
All points to one drop interval
|
|---|
|
Woman
|
0.025**
|
\(-\)0.010
|
0.959
|
\(-\)1.785
|
\(-\)0.032**
|
|
Secondary educ.
|
\(-\)0.010
|
0.019
|
\(-\)0.661
|
0.638
|
0.017
|
|
University educ.
|
\(-\)0.005
|
0.052
|
\(-\)1.938
|
\(-\)2.218
|
\(-\)0.028
|
|
Age 35–44
|
0.001
|
\(-\)0.009
|
\(-\)1.148
|
6.966
|
0.053
|
|
Age 45–54
|
0.043***
|
0.028
|
\(-\)0.694
|
\(-\)0.171
|
0.034
|
|
Age 55–64
|
0.034*
|
0.086*
|
\(-\)1.906
|
\(-\)3.583
|
0.042
|
|
Age over 64
|
0.061***
|
0.081*
|
\(-\)3.105
|
\(-\)3.703
|
0.036
|
|
Blue collar
|
0.005
|
0.026
|
\(-\)0.223
|
\(-\)2.910
|
\(-\)0.018
|
|
Self-employed
|
\(-\)0.008
|
0.021
|
\(-\)1.463
|
1.785
|
\(-\)0.015
|
|
Log (hh income)
|
\(-\)0.020**
|
0.002
|
\(-\)0.461
|
2.608*
|
0.013
|
|
Wealth percentiles
| | | | | |
|
25–50
|
\(-\)0.003
|
0.009
|
\(-\)0.512
|
\(-\)1.857
|
0.041
|
|
50–75
|
\(-\)0.024
|
0.041
|
0.034
|
\(-\)3.903
|
0.021
|
|
75–90
|
\(-\)0.005
|
0.017
|
0.265
|
\(-\)1.987
|
0.024
|
|
90–100
|
\(-\)0.010
|
0.002
|
\(-\)0.520
|
\(-\)0.845
|
\(-\)0.011
|
|
Bought main recently
|
\(-\)0.004
|
0.010
|
2.858**
|
\(-\)4.256
|
\(-\)0.008
|
|
Own other housing
|
\(-\)0.004
|
\(-\)0.014
|
\(-\)0.402
|
2.609
|
0.064***
|
|
Constant
|
0.233**
|
0.142
|
11.323
|
27.260
|
\(-\)0.050
|
|
Observations
|
5326
|
5326
|
5326
|
5326
|
5326
|
- t-statistics in parentheses
- All specifications include postal dummies and have been estimated taking into account population weights and the five imputed datasets
- *** p \(<\) 0.01, ** p \(<\) 0.05, * p \(<\) 0.1