Table 2 Open in new tab Descriptive...

A. Mean LOF by combination of homophily dimensions
1	0	0	0	0	0	235	10.6	66.2
2	0	0	0	1	1	190	8.6	67.3
3	0	0	1	0	1	191	8.6	72.6
4	0	1	0	0	1	48	2.2	59.1
5	1	0	0	0	1	270	12.2	69.7
6	0	0	1	1	2	199	9.0	72.7
7	0	1	0	1	2	67	3.0	71.4
8	0	1	1	0	2	32	1.4	52.0
9	1	0	0	1	2	223	10.1	76.8
10	1	0	1	0	2	241	10.9	77.9
11	1	1	0	0	2	59	2.7	56.8
12	0	1	1	1	3	46	2.1	74.1
13	1	0	1	1	3	226	10.2	77.1
14	1	1	0	1	3	102	4.6	76.8
15	1	1	1	0	3	28	1.3	82.0
16	1	1	1	1	4	61	2.8	79.4
						2,218	100.0	72.7
B. Mean LOF by value of Number of homophilous ties
					Number of			Mean
					homophilous ties	N	%	LOF (%)
					0	235	10.6	66.2
					1	699	31.5	69.1
					2	821	37.0	73.3
					3	402	18.1	77.0
					4	61	2.8	79.4
						2,218	100.0	72.7

A. Mean LOF by combination of homophily dimensions

Same

Number of

Mean

Combination

gender

age

marital status

parental status

homophilous ties

LOF (%)

235

10.6

66.2

190

8.6

67.3

191

8.6

72.6

2.2

59.1

270

12.2

69.7

199

9.0

72.7

3.0

71.4

1.4

52.0

223

10.1

76.8

241

10.9

77.9

2.7

56.8

2.1

74.1

226

10.2

77.1

102

4.6

76.8

1.3

82.0

2.8

79.4

2,218

100.0

72.7

B. Mean LOF by value of Number of homophilous ties

Number of

Mean

homophilous ties

LOF (%)

235

10.6

66.2

699

31.5

69.1

821

37.0

73.3

402

18.1

77.0

2.8

79.4

2,218

100.0

72.7

A. Mean LOF by combination of homophily dimensions
1	0	0	0	0	0	235	10.6	66.2
2	0	0	0	1	1	190	8.6	67.3
3	0	0	1	0	1	191	8.6	72.6
4	0	1	0	0	1	48	2.2	59.1
5	1	0	0	0	1	270	12.2	69.7
6	0	0	1	1	2	199	9.0	72.7
7	0	1	0	1	2	67	3.0	71.4
8	0	1	1	0	2	32	1.4	52.0
9	1	0	0	1	2	223	10.1	76.8
10	1	0	1	0	2	241	10.9	77.9
11	1	1	0	0	2	59	2.7	56.8
12	0	1	1	1	3	46	2.1	74.1
13	1	0	1	1	3	226	10.2	77.1
14	1	1	0	1	3	102	4.6	76.8
15	1	1	1	0	3	28	1.3	82.0
16	1	1	1	1	4	61	2.8	79.4
						2,218	100.0	72.7
B. Mean LOF by value of Number of homophilous ties
					Number of			Mean
					homophilous ties	N	%	LOF (%)
					0	235	10.6	66.2
					1	699	31.5	69.1
					2	821	37.0	73.3
					3	402	18.1	77.0
					4	61	2.8	79.4
						2,218	100.0	72.7

Table 2

Open in new tab

Descriptive evidence

A. Mean LOF by combination of homophily dimensions
	Same	Same	Same	Same	Number of			Mean
Combination	gender	age	marital status	parental status	homophilous ties	N	%	LOF (%)
1	0	0	0	0	0	235	10.6	66.2
2	0	0	0	1	1	190	8.6	67.3
3	0	0	1	0	1	191	8.6	72.6
4	0	1	0	0	1	48	2.2	59.1
5	1	0	0	0	1	270	12.2	69.7
6	0	0	1	1	2	199	9.0	72.7
7	0	1	0	1	2	67	3.0	71.4
8	0	1	1	0	2	32	1.4	52.0
9	1	0	0	1	2	223	10.1	76.8
10	1	0	1	0	2	241	10.9	77.9
11	1	1	0	0	2	59	2.7	56.8
12	0	1	1	1	3	46	2.1	74.1
13	1	0	1	1	3	226	10.2	77.1
14	1	1	0	1	3	102	4.6	76.8
15	1	1	1	0	3	28	1.3	82.0
16	1	1	1	1	4	61	2.8	79.4
						2,218	100.0	72.7
B. Mean LOF by value of Number of homophilous ties
					Number of			Mean
					homophilous ties	N	%	LOF (%)
					0	235	10.6	66.2
					1	699	31.5	69.1
					2	821	37.0	73.3
					3	402	18.1	77.0
					4	61	2.8	79.4
						2,218	100.0	72.7

A. Mean LOF by combination of homophily dimensions
	Same	Same	Same	Same	Number of			Mean
Combination	gender	age	marital status	parental status	homophilous ties	N	%	LOF (%)
1	0	0	0	0	0	235	10.6	66.2
2	0	0	0	1	1	190	8.6	67.3
3	0	0	1	0	1	191	8.6	72.6
4	0	1	0	0	1	48	2.2	59.1
5	1	0	0	0	1	270	12.2	69.7
6	0	0	1	1	2	199	9.0	72.7
7	0	1	0	1	2	67	3.0	71.4
8	0	1	1	0	2	32	1.4	52.0
9	1	0	0	1	2	223	10.1	76.8
10	1	0	1	0	2	241	10.9	77.9
11	1	1	0	0	2	59	2.7	56.8
12	0	1	1	1	3	46	2.1	74.1
13	1	0	1	1	3	226	10.2	77.1
14	1	1	0	1	3	102	4.6	76.8
15	1	1	1	0	3	28	1.3	82.0
16	1	1	1	1	4	61	2.8	79.4
						2,218	100.0	72.7
B. Mean LOF by value of Number of homophilous ties
					Number of			Mean
					homophilous ties	N	%	LOF (%)
					0	235	10.6	66.2
					1	699	31.5	69.1
					2	821	37.0	73.3
					3	402	18.1	77.0
					4	61	2.8	79.4
						2,218	100.0	72.7

This table reports descriptive evidence on clients’ average likelihood of following (LOF) by combination of the four homophily dimensions gender, age, marital status, and parental status (Panel A) and values of Number of homophilous ties (Panel B), that is, the count variable capturing the number of similarities between client and advisor along the four homophily dimensions. See Section 2 for detailed variable descriptions.

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