Age and financial stress among Mexican adults, by region
| Variable | Northwest | Northeast | West and Bajío | |||
|---|---|---|---|---|---|---|
| Coeff. | Std. Err. | Coeff. | Std. Err. | Coeff. | Std. Err. | |
| Age2 | −0.014*** | 0.000 | −0.017*** | 0.000 | −0.007*** | 0.000 |
| Age | 1.540*** | 0.003 | 1.807*** | 0.003 | 0.902*** | 0.003 |
| Constant | 10.774 | 0.070 | 3.633 | 0.072 | 27.803 | 0.055 |
| Observations | 11,340,625 | 10,751,866 | 18,165,982 | |||
| P > F | 0.000 | 0.000 | 0.000 | |||
| Adjusted R2 | 0.026 | 0.033 | 0.017 | |||
| Average financial stress (FS) | 46.6 | 45.4 | 51.0 | |||
| Age of maximum FS | 54 | 53 | 63 | |||
| Period of FS above average | [34, 74] | [34, 73] | [36, 91] | |||
| Variable | Northwest | Northeast | West and Bajío | |||
|---|---|---|---|---|---|---|
| Coeff. | Std. Err. | Coeff. | Std. Err. | Coeff. | Std. Err. | |
| Age2 | −0.014*** | 0.000 | −0.017*** | 0.000 | −0.007*** | 0.000 |
| Age | 1.540*** | 0.003 | 1.807*** | 0.003 | 0.902*** | 0.003 |
| Constant | 10.774 | 0.070 | 3.633 | 0.072 | 27.803 | 0.055 |
| Observations | 11,340,625 | 10,751,866 | 18,165,982 | |||
| 0.000 | 0.000 | 0.000 | ||||
| Adjusted R2 | 0.026 | 0.033 | 0.017 | |||
| Average financial stress (FS) | 46.6 | 45.4 | 51.0 | |||
| Age of maximum FS | 54 | 53 | 63 | |||
| Period of FS above average | [34, 74] | [34, 73] | [36, 91] | |||
| Variable | Mexico City | East and south-central | South | |||
|---|---|---|---|---|---|---|
| Coeff. | Std. Err. | Coeff. | Std. Err. | Coeff. | Std. Err. | |
| Age2 | −0.011*** | 0.000 | −0.019*** | 0.000 | −0.019*** | 0.000 |
| Age | 1.227*** | 0.004 | 2.092*** | 0.002 | 2.083*** | 0.003 |
| Constant | 27.281 | 0.093 | 12.087 | 0.043 | 5.472 | 0.060 |
| Observations | 7,331,476 | 26,811,389 | 13,689,511 | |||
| P > F | 0.000 | 0.000 | 0.000 | |||
| Adjusted R2 | 0.015 | 0.058 | 0.055 | |||
| Average financial stress (FS) score | 56.2 | 62.0 | 53.6 | |||
| Age of maximum FS | 55 | 56 | 54 | |||
| Period of FS above average | [34, 75] | [35, 77] | [33, 75] | |||
| Variable | Mexico City | East and south-central | South | |||
|---|---|---|---|---|---|---|
| Coeff. | Std. Err. | Coeff. | Std. Err. | Coeff. | Std. Err. | |
| Age2 | −0.011*** | 0.000 | −0.019*** | 0.000 | −0.019*** | 0.000 |
| Age | 1.227*** | 0.004 | 2.092*** | 0.002 | 2.083*** | 0.003 |
| Constant | 27.281 | 0.093 | 12.087 | 0.043 | 5.472 | 0.060 |
| Observations | 7,331,476 | 26,811,389 | 13,689,511 | |||
| 0.000 | 0.000 | 0.000 | ||||
| Adjusted R2 | 0.015 | 0.058 | 0.055 | |||
| Average financial stress (FS) score | 56.2 | 62.0 | 53.6 | |||
| Age of maximum FS | 55 | 56 | 54 | |||
| Period of FS above average | [34, 75] | [35, 77] | [33, 75] | |||
Note(s): ***p-value<0.001
Source(s): Author's elaboration with Stata (StataCorp, 2017)
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