		(1)	(2)	(3)	(4)	(5)	(6)	(7)	(8)	(9)	(10)
VARIABLES	LABELS	volatility_w1_ptile	Wc_s001	volatility_w1_ptile	Wc_s001	volatility_w1_ptile	Wc_s001	volatility_w1_ptile	Wc_s001	volatility_w1_ptile	Wc_s001
											
1.asset_decile	Asset decile (pop-weighted; 10=wealthiest) = 1	25.75***		18.16***		41.63***		13.19***		19.99**	
		[6.24]		[4.33]		[7.80]		[3.10]		[2.54]	
2.asset_decile	Asset decile (pop-weighted; 10=wealthiest) = 2	28.35***		4.05		25.72***		13.49***		29.25**	
		[6.59]		[0.82]		[5.13]		[2.68]		[2.19]	
3.asset_decile	Asset decile (pop-weighted; 10=wealthiest) = 3	27.37***		11.47**		31.45***		13.03***		33.91**	
		[6.31]		[2.37]		[7.44]		[2.59]		[2.57]	
4.asset_decile	Asset decile (pop-weighted; 10=wealthiest) = 4	21.81***		2.99		32.12***		14.33***		25.06*	
		[5.11]		[0.70]		[7.10]		[2.92]		[1.87]	
5.asset_decile	Asset decile (pop-weighted; 10=wealthiest) = 5	25.97***		1.03		32.78***		15.63***		27.60***	
		[6.07]		[0.24]		[7.73]		[3.22]		[2.76]	
6.asset_decile	Asset decile (pop-weighted; 10=wealthiest) = 6	16.89***		-0.76		26.27***		11.66**		23.13**	
		[3.94]		[-0.22]		[6.22]		[2.44]		[2.57]	
7.asset_decile	Asset decile (pop-weighted; 10=wealthiest) = 7	7.10*		-2.49		15.63***		9.58**		20.45**	
		[1.87]		[-0.71]		[3.86]		[2.08]		[2.44]	
8.asset_decile	Asset decile (pop-weighted; 10=wealthiest) = 8	7.71**		-5.85**		5.87		2.11		7.78	
		[2.38]		[-2.16]		[1.63]		[0.48]		[1.06]	
9.asset_decile	Asset decile (pop-weighted; 10=wealthiest) = 9	-4.79		-8.97***		0.30		9.65**		17.14***	
		[-1.60]		[-3.74]		[0.09]		[2.33]		[2.96]	
e.volatility_w1_ptile			1.17***		2.50***		2.00***		3.91***		2.53***
			[81.04]		[20.79]		[7.54]		[5.72]		[3.94]
Constant	Constant	41.35***		41.45***		36.31***		38.80***		29.26***	
		[15.04]		[22.71]		[9.93]		[14.50]		[7.50]	
											
Observations		648	648	716	716	381	381	424	424	156	156
z-statistics in brackets											
*** p<0.01, ** p<0.05, * p<0.1											
