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Table 6 Tobit estimation for amount of savings (logarithm)

From: How do migrants save? Evidence from the British Household Panel Survey on temporary and permanent migrants versus natives

 

(1)

(2)

 

Coeff/SE

Coeff/SE

Age

0001

-0010

 

(0006)

(0008)

Agesq

-0001

0001

 

(0001)

(0001)

Male

-0080***

-0077

 

(00231)

00226

Married

-0049

0008

 

(0010)

(0037)

Self Employed

0260***

0300***

 

((0049))

(0053)

Employed

0201***

0192***

 

(0008)

(0036)

Unemployed

0072

0093

 

(0010)

(0087)

O Level

-0018

-0017

 

(0050)

(0066)

No College

0057

0038

 

(0039)

(0052)

University Degree

0245***

0192***

 

(0045)

(0055)

HouseOwner

-0020

-0046

 

(0010)

(0034)

Household Type

-0005

-0056

 

(0013)

(0053)

Assets Holding x 102

0004***

0001***

 

(0040)

(0001)

Index of Financial Incapability

-

-5423***

  

(0796)

Temporary

0095

0260*

 

(0179)

(0142)

Constant

2082***

2161***

 

(0299)

(0174)

σ u

0306***

 
  

(0014)

σ e

0300***

 
  

(0006)

N

1562

1562

  1. Estimation only for Non-UK Born;
  2. Regional and Year dummies are included but not reported.
  3. Standard errors are in parentheses *p <0.10, **p <0.05, ***p <0.01.