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Table 1 Comparing personal information for winners and non-winners (prior to receiving windfall gains)

From: Windfall gains and labour supply: evidence from the European household panel

 

Have received windfall gains

Have not received windfall gains

Diff. in means

 

Mean

Obs.

Mean

Obs.

p-value

Variable

(1)

(2)

(3)

(4)

(5)

Household size

3.29

6,674

3.46

75,040

0.000

Number of adults (>16) in household

2.45

6,674

2.63

75,040

0.000

Number of children (16<) in household

0.84

6,674

0.83

75,040

0.739

Age

42.01

6,674

41.23

75,040

0.000

Female dummy

0.51

6,674

0.51

75,040

0.484

Married dummy

0.73

6,664

0.72

74,974

0.249

Secondary education dummy

0.38

6,576

0.36

73,598

0.000

Post secondary education dummy

0.29

6,576

0.18

73,598

0.000

Employed dummy

0.77

6,656

0.70

74,998

0.000

Household income

31,186

6,648

25,863

74,584

0.000

Household income - from working

26,758

6,651

21,337

74,598

0.000

Household income - unearned income

1,448

6,651

848

74,598

0.000

Personal income

15,589

6,674

12,095

75,040

0.000

Personal income - from working

13,270

6,674

10,222

75,040

0.000

Personal income - unearned income

690

6,674

376

75,040

0.000

Personal hourly wage

7.68

6,674

6.78

75,040

0.000

Total hours working per week

30.57

6,497

28.26

73,932

0.000

  1. Source: European Community Household Panel Longitudinal Users’ Database. All individuals of age 25–60. Winners are observed one period before receiving windfall gains. This approximately corresponds to period 3 in the sample for non-winners.