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

Table 2

Regression estimate for mean regression model.

Expenditure Measure	Estimate	SE
Work-Related Expenditures (WRE)	-0.385	0.026
Non Work-Related Expenditures (NWRE)	-0.050	0.017
Total Expenditures (TE)	-0.139	0.018