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

Sila, Urban; Sousa, Ricardo M

doi:10.1186/2193-8997-3-1

Table 13 Effects of windfall gains on labour supply (coefficients associated with the interaction terms representing different hypothetical individuals)

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

	All			Men			Women
Dependent variable	Employment dummy	Working hours per week	Log working hours per week	Employment dummy	Working hours per week	Log working hours per week	Employment dummy	Working hours per week	Log working hours per week
	(1)	(2)	(3)	(1)	(2)	(3)	(1)	(2)	(3)
	FE	FE IV	FE IV	FE	FE IV	FE IV	FE	FE IV	FE IV
25 yrs, single, no children	−0.021**	−0.259	0.033***	−0.020*	−1.002	0.019	−0.025	0.682	0.049**
25 yrs, single, no children	(0.034)	(0.609)	(0.005)	(0.091)	(0.182)	(0.173)	(0.119)	(0.311)	(0.016)
30 yrs, single, no children	0.012*	0.979***	0.033***	0.007	0.279	0.024**	0.012	1.455***	0.035**
30 yrs, single, no children	(0.093)	(0.006)	(0.000)	(0.411)	(0.597)	(0.011)	(0.318)	(0.002)	(0.011)
30 yrs, married, with one child	−0.039***	−1.587***	−0.016**	−0.040***	−1.372***	−0.007	−0.035***	−1.365***	−0.028*
30 yrs, married, with one child	(0.000)	(0.000)	(0.041)	(0.000)	(0.010)	(0.410)	(0.002)	(0.003)	(0.054)
40 yrs, single, no children	0.046***	2.152***	0.028***	0.034***	1.494***	0.023***	0.050***	2.107***	0.017
40 yrs, single, no children	(0.000)	(0.000)	(0.000)	(0.000)	(0.003)	(0.007)	(0.000)	(0.000)	(0.202)
40 yrs, married, no children	0.003	0.533*	0.003	0.009	0.736	0.013*	−0.005	0.305	−0.011
40 yrs, married, no children	(0.701)	(0.083)	(0.650)	(0.275)	(0.110)	(0.090)	(0.666)	(0.455)	(0.371)
40 yrs, married with children	0.003	−0.340	−0.012	−0.013	−0.143	−0.018*	0.021	−0.358	−0.010
40 yrs, married with children	(0.764)	(0.427)	(0.225)	(0.275)	(0.819)	(0.087)	(0.165)	(0.540)	(0.589)
55 yrs, single, no children	0.016*	0.652	0.006	0.008	−0.051	−0.002	0.020	0.853	0.015
55 yrs, single, no children	(0.069)	(0.109)	(0.535)	(0.471)	(0.934)	(0.826)	(0.142)	(0.108)	(0.394)
55 yrs, married, no children	−0.028***	−0.966***	−0.018**	−0.017**	−0.809*	−0.013	−0.035***	−0.950**	−0.013
55 yrs, married, no children	(0.000)	(0.002)	(0.032)	(0.042)	(0.093)	(0.167)	(0.001)	(0.020)	(0.384)

p-values in parentheses; testing the null whether linear combination of coefficients equal to zero. *significant at 10%; **significant at 5%; ***significant at 1%. (1) Employment dummy as dependent variable, FE; (2) Working hours per week as dependent variable, FE IV; (3) Log working hours per week as dependent variable, FE IV. In (2) and (3) wages are also included in the regression; in these cases effects are calculated at the value of the average wage in the sample (all, men or women). All regressions include individual fixed-effects.

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