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Table 5 Effect s of windfall gains on working hours

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

Dependent variable:

Working hours per week

 

All

Men

Women

 

(1)

(2)

(3)

Windfall gains dummy

−0.0464

−0.1597

0.0613

 

(0.230)

(0.2995)

(0.3560)

Hourly wage

−1.0719***

−0.9926***

−1.2204***

 

(0.0945)

(0.1259)

(0.1171)

Age

5.2488***

5.9132***

4.4459***

 

(0.2577)

(0.3278)

(0.4038)

Age^2

−0.0617***

−0.0688***

−0.0530***

 

(0.0030)

(0.0039)

(0.0047)

Married dummy

1.3645***

2.1227***

0.2216

 

(0.5035)

(0.6251)

(0.7955)

Children 0–6 in household dummy

−3.6566***

−1.4805***

−6.7665***

 

(0.3970)

(0.4610)

(0.6436)

Children 7–15 in household dummy

−3.0376***

−1.7620***

−4.8583***

 

(0.3450)

(0.4437)

(0.5274)

Observations

53011

25626

27385

Number of individuals

10357

5073

5284

  1. -Panel data censored regression model (Honoré, 1992).
  2. Standard errors in parentheses, *significant at 10%; **significant at 5%; ***significant at 1%. All regressions include individual fixed-effects.