Table 5.

Results of the structural equation model estimation

Coef.Robust std. Err.
D.V. (debt attitude: affective dimension)  
Treatment (= 1 treated subjects)0.375**0.116
Gender (= 1 female)−0.399***0.109
Academic ability−0.0100.073
Majors (= 1 finance and Accounting)0.351*0.166
Constant3.185***0.497
D.V. (borrowing intention)  
Debt attitude: affective dimension0.497***0.049
Gender (= 1 female)0.2140.121
Academic ability−0.0570.086
Majors (= 1 finance and Accounting)−0.0440.206
Constant2.121***0.589
Number of obs.525 
Log pseudolikelihood−3,190.992 
Standardized root mean squared residual (SRMR)0.011 

Notes:

Estimation method = ML; D.V. stands for the dependent variable; ***p < 0.001, **p < 0.01, *p < 0.05

Source: Author's elaboration

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