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Table 4 Cross-section and panel logit models. Estimates of Odd-Ratios (OR) of VPHI for relative income and wealth (by quintiles)

From: Income and wealth as determinants of voluntary private health insurance: empirical evidence in Spain, 2008–2014

  Income Wealth
Wave Q2 Q3 Q4 Q5 Q2 Q3 Q4 Q5
2008 1.6c 2.1a 4.5a 4.9a 1.3 1.8a 2.4a 5.3a
2011 1.9a 2.0a 4.3a 4.0a 0.9 1.1 2.9a 5.4a
2014 2.1a 2.6a 4.9a 8.9a 0.9 1.1 2.0a 3.2a
Panel 1.0 1.1 1.9a 1.7b 1.0 1.2 1.9b 2.6a
  1. The values in the table are Odd-Ratios estimated with reference to the first quintile. All the models adjust by age, sex and educational level of the head of the family, expected future income, number of children under 14 years of age in the household, and proportion of people in the household with bad or very bad health. The income and wealth quintiles of the household have been calculated for each year
  2. asignificant at 1%
  3. bsignificant at 5%
  4. csignificant at 10%