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International Journal of
            Population Studies                                                    Intergenerational transfers in Malaysia




            Table 8. Multiple regression result (financial support given to parents)
            No. of observation                           1,160
            F-statistics                                18.046
            R-squared                                    0.29
            Adj. R-squared                               0.276
            Variable                                   Coefficient           Standard error          t‑statistics
            Age
             40 – 49 years old (reference)
             50 – 59 years old                          −0.078                  0.083                  −0.940
             60 – 69 years old                          −0.010                  0.120                  −0.083
             More than 70 years old                     −0.024                  0.163                  0.145
            Gender
             Male (reference)
             Female                                     −0.089                  0.073                  −1.211
            Ethnicity
             Malay (reference)
             Chinese                                     0.500 c                0.132                  3.798
             Indian & Others                             0.323 c                0.125                  2.572
             Bumiputera (Sabah and Sarawak)              0.260 c                0.093                  2.802
            Education level
             No schooling (reference)
             Primary school                             −0.063                  0.234                  −0.272
             Lower secondary school                      0.149                  0.230                  0.649
             Upper secondary school                      0.269                  0.227                  1.183
             Tertiary                                    0.657 c                0.241                  2.726
            Marital status
             Without spouse (reference)
             With spouse                                −0.414 c                0.116                  −3.565
             Living arrangement
             Not living with parents (reference)
             Living with parents                        −0.011                  0.111                  −0.096
            Current employment status
             Working                                     0.106                  0.096                  1.101
             Not working due to labor market reasons     0.433 b                0.205                  2.115
             Retired                                     0.151                  0.145                  1.047
            Homemaker (reference)
             Current health status
             Good health (reference)
             Moderate health                            −0.201 c                0.080                  −2.494
             Poor health                                −0.547 c                0.163                  −3.367
            Number of living parents
             1 living parent (reference)
             2 living parents                            0.320 c                0.081                  3.945
             3 living parents                            0.400 c                0.107                  3.718
             4 living parents                            0.452 b                0.185                  2.450
                                                                                                       (Cont'd...)

            Volume 11 Issue 4 (2025)                       114                        https://doi.org/10.36922/ijps.1326
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