High Education, Low Returns: Financial Literacy Challenges for African Americans and Hispanics
Table 3.
Summary of Linear regression with interaction
|
| Model |
Unstandardized Coefficients |
Standardized Coefficients |
|
Sig. |
95.0% Confidence Interval for B |
|
|
| B |
Std. Error |
Beta |
Lower Bound |
Upper Bound |
|
|
| |
|
|
|
|
|
|
|
|
|
| African American |
-.478 |
.578 |
-.045 |
|
.408 |
-1.610 |
.655 |
|
|
| Hispanic |
.745 |
.556 |
.073 |
|
.180 |
-.345 |
1.835 |
|
|
| Immigrant |
.233 |
.661 |
.017 |
|
.725 |
-1.063 |
1.528 |
|
|
| Age |
.048 |
.003 |
.239 |
|
.000 |
.043 |
.053 |
|
|
| Female |
-1.025 |
.069 |
-.164 |
|
.000 |
-1.160 |
-.890 |
|
|
| Working |
.407 |
.076 |
.065 |
|
.000 |
.258 |
.556 |
|
|
| Married Household |
.445 |
.071 |
.071 |
|
.000 |
.307 |
.584 |
|
|
| Chronic Medical Conditions |
.002 |
.034 |
.001 |
|
.943 |
-.064 |
.069 |
|
|
| Self-Rated Health (SRH; Poor) |
-.257 |
.039 |
-.083 |
|
.000 |
-.332 |
-.181 |
|
|
| Education Years |
.662 |
.060 |
.485 |
|
.000 |
.543 |
.780 |
|
|
| African American x Education Years |
-.105 |
.053 |
-.131 |
|
.048 |
-.209 |
-.001 |
|
|
| Hispanic x Education Years |
-.157 |
.051 |
-.163 |
|
.002 |
-.257 |
-.058 |
|
|
| Immigrant x Education Years |
-.009 |
.058 |
-.008 |
|
.872 |
-.123 |
.104 |
|
|
Dependent Variable: Financial Literacy
|
|
