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International Journal of
            Population Studies                                                    Intergenerational transfers in Malaysia




            Table 6. Multiple regression result (financial support given to children)
            No. of observation                         5,181
            F-statistics                               31.410
            R-squared                                  0.256
            Adj. R-squared                             0.248
            Variable                                 Coefficient           Standard error          t‑statistics
            Age
             40 – 49 years old (reference)
             50 – 59 years old                         −0.037                 0.055                 −0.676
             60 – 69 years old                         −0.489 c               0.075                 −6.492
             More than 70 years old                    −0.481 c               0.101                 −4.780
            Gender
             Male (reference)
             Female                                    −0.129 c               0.050                 −2.587
            Ethnicity
             Malay (reference)
             Chinese                                   0.112                  0.100                  1.113
             Indian & Others                           0.166 a                0.086                  1.936
             Bumiputera (Sabah and Sarawak)            −0.098                 0.061                 −1.607
            Education level
             No schooling (reference)
             Primary school                            0.061                  0.110                  0.555
             Lower secondary school                    0.378 c                0.111                  3.395
             Upper secondary school                    0.573 c                0.111                  5.165
             Tertiary                                  0.914 c                0.124                  7.349
            Marital status
             Without spouse (reference)
             With spouse                               0.042                  0.077                  0.545
            Living arrangement
             Not living with children (reference)
             Living with children                      0.066                  0.056                  1.195
            Current employment status
             Working now                               0.117 b                0.059                  1.964
             Not working due to labor market reasons   0.036                  0.138                  0.258
             Retired                                   −0.004                 0.083                 −0.050
             Homemakers (reference)
            Self−reported health status
             Good health (reference)
             Moderate health                           −0.080                 0.051                 −1.573
             Poor health                               −0.115                 0.089                 −1.293
            Number of living children
             1 – 3 children (reference)
             4 – 6 children                            0.246 c                0.051                  4.835
             More than 7 children                      0.277 c                0.078                  3.533
                                                                                                       (Cont'd...)



            Volume 11 Issue 4 (2025)                       110                        https://doi.org/10.36922/ijps.1326
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