Impact of less frequent repayment on financial stress and economic outcomes.

Intent-to-treat effects of monthly repayment schedules on outcomes. Table shows OLS results for the independent variable “monthly”; Huber-White SEs and control group means are also shown. Regression in column 2 includes two additional independent variables: post-12 week dummy which is an indicator variable which equals one if survey occurred more than 12 weeks after disbursement (not reported) and the interaction of monthly and post-12 week dummy (reported).Variation in sample sizes is due to survey non-response. The Financial Stress Index, as described in Figure 1, is an unweighted average of “Worried about money,” “Not confident about repaying,” “Argue about finances,” and “Top 25 percentile of minutes spent.” Estimates where controls are used include variables listed in Panel A of Table S1.
*
p<0·10,
**
p<0·05,
***
p<0·01.

按月还款计划对结局指标的意向性治疗（Intent-to-treat）效应。本表格展示了自变量“月度还款（monthly）”的普通最小二乘（OLS）回归结果，同时一并呈现了Huber-White标准误与对照组均值。第2列的回归模型额外纳入两个自变量：“12周后虚拟变量（post-12 week dummy）”——该指示变量在调查完成于放款（disbursement）12周以上时取值为1（结果未予报告），以及“月度还款与12周后虚拟变量的交互项（interaction of monthly and post-12 week dummy）”（结果已报告）。样本量存在差异系调查无应答所致。如图1所述的金融压力指数（Financial Stress Index）为“担忧资金问题”“对还款缺乏信心”“因财务问题发生争执”以及“用时处于前25%分位”这四项的未加权平均值。纳入控制变量的回归估计结果包含了附表S1中A组所列的变量。
* p<0.10,
** p<0.05,
*** p<0.01.