Probit Model: exit rate as dependent variable
| (1) | (2) | (3) | (4) | |
|---|---|---|---|---|
| Baseline | Margins | Full | Margins | |
| Treatment 2 | −0.026 | −0.007 | −0.032 | −0.009 |
| (0.291) | (0.08) | (0.292) | (0.079) | |
| Treatment 3 | 0.564** | 0.189** | 0.572** | 0.191** |
| (0.257) | (0.081) | (0.26) | (0.081) | |
| Male | 0.044 | 0.014 | ||
| (0.207) | (0.066) | |||
| Fin. Risk Tol. Score | −0.001 | 0 | ||
| (0.007) | (0.002) | |||
| Financial Well-being | −0.051 | −0.016 | ||
| (0.069) | (0.022) | |||
| Cognitive Ability | 0.007 | 0.002 | ||
| (0.052) | (0.017) | |||
| Constant | −0.857*** | 0.575 | ||
| (0.212) | (0.627) | |||
| Observations | 177 | 177 | 177 | 177 |
| Pseudo | 0.039 | 0.042 |
| (1) | (2) | (3) | (4) | |
|---|---|---|---|---|
| Baseline | Margins | Full | Margins | |
| Treatment 2 | −0.026 | −0.007 | −0.032 | −0.009 |
| (0.291) | (0.08) | (0.292) | (0.079) | |
| Treatment 3 | 0.564** | 0.189** | 0.572** | 0.191** |
| (0.257) | (0.081) | (0.26) | (0.081) | |
| Male | 0.044 | 0.014 | ||
| (0.207) | (0.066) | |||
| Fin. Risk Tol. Score | −0.001 | 0 | ||
| (0.007) | (0.002) | |||
| Financial Well-being | −0.051 | −0.016 | ||
| (0.069) | (0.022) | |||
| Cognitive Ability | 0.007 | 0.002 | ||
| (0.052) | (0.017) | |||
| Constant | −0.857*** | 0.575 | ||
| (0.212) | (0.627) | |||
| Observations | 177 | 177 | 177 | 177 |
| Pseudo | 0.039 | 0.042 |
Source(s): Authors' own creation/work
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