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Table 9 Effects of small/medium/large 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)

Small windfall gains dummy

−0.1340

−0.1872

−0.0909

 

(0.3123)

(0.3940)

(0.4996)

Medium windfall gains dummy

0.0344

0.0238

0.0119

 

(0.3328)

(0.4442)

(0.4989)

Large windfall gains dummy

−0.5920

−1.3047

−0.3672

 

(0.6441)

(0.8415)

(0.9742)

Hourly wage

−1.0714***

−0.9916***

−1.2209***

 

(0.0946)

(0.1261)

(0.1171)

Age

5.2572***

5.9145***

4.4542***

 

(0.2574)

(0.3274)

(0.4028)

Age^2

−0.0617***

−0.0688***

−0.0530***

 

(0.0030)

(0.0039)

(0.0047)

Married dummy

1.3741***

2.1346***

0.2170

 

(0.5038)

(0.6252)

(0.7956)

Children 0–6 in household dummy

−3.6637***

−1.4922***

−6.760***

 

(0.3971)

(0.4613)

(0.6432)

Children 7–15 in household dummy

−3.0409***

−1.7673***

−48554***

 

(0.3450)

(0.4435)

(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.
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