Influence of meditation on estate planning decisions: evidence from Indian survey data

Financial Innovation

Table 2 Correlation coefficient

	EPD	MED	ASSETS	INCOME	MS	AGE	FAMILY	LOCATION	EDUCATION	GENDER
EPD	1
MED	0.223**	1
ASSETS	0.212**	0.186**	1
INCOME	0.120**	0.178**	0.552**	1
MS	−0.069*	−0.177**	−0.332**	−0.223**	1
AGE	0.040	0.155**	0.341**	0.245**	−0.487**	1
FAMILY	0.095**	0.162**	0.285**	0.157**	−0.315**	0.242**	1
LOCATION	0.118**	0.019	−0.044	0.108**	0.080*	−0.131**	−0.205**	1
EDUCATION	0.206**	0.095**	0.131**	0.186**	0.109**	−0.136**	−0.116**	0.282**	1
GENDER	0.060	−0.013	0.177**	0.077*	−0.076*	0.212**	0.106**	−0.162**	−0.153**	1

Notes: * p < 0.05 and ** p < 0.01; Variables include estate planning decision (EPD), meditation (MED), religious beliefs (RB), assets (ASSETS), income (INCOME), marital status (MS), age (AGE), family size (FAMILY), location (LOCATION), education (EDUCATION), and gender (GENDER)