Retirement Consumption Puzzle in Malaysia: Evidence from Bayesian Quantile Regression Model

Table 3

Regression estimate for Bayesian quantile regression model.

Consumption Measure
	Est	LB	UB	SD	Est	LB	UB	SD	Est	LB	UB	SD
WRE	-0.596	-0.608	-0.584	0.006	-0.480	-0.491	-0.470	0.005	-0.359	-0.367	-0.352	0.004
NWRE	-0.112	-0.123	-0.101	0.006	-0.044	-0.051	-0.035	0.004	-0.047	-0.054	-0.041	0.003
TE	-0.223	-0.234	-0.211	0.006	-0.150	-0.157	-0.143	0.004	-0.150	-0.157	-0.145	0.003
Consumption Measure
	Est	LB	UB	SD	Est	LB	UB	SD
WRE	0.004	-0.281	-0.289	-0.273	0.004	-0.167	-0.185	-0.151
NWRE	0.003	-0.021	-0.029	-0.014	0.004	-0.016	-0.007	-0.027
TE	0.003	-0.123	-0.130	-0.115	0.004	-0.029	-0.044	-0.016