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Table 10 Reduced form relationship between happiness, unemployment and exposure

From: Feeling useless: the effect of unemployment on mental health in the Great Recession

 

(1)

(2)

(3)

(4)

 

NHS data

CIS data

NHS data

CIS data

Variables

Unemployed

Reported good health

Happy

Cell exposure * year 2011/2012

0.475***

0.279*

− 0.203***

− 0.281**

 

(0.0821)

(0.152)

(0.0683)

(0.128)

Cell exposure * year 2006/2008

(omitted)

(omitted)

(omitted)

(omitted)

Cell exposure * year 2003

0.116

0.0497

− 0.200**

0.0463

 

(0.0819)

(0.141)

(0.0966)

(0.142)

Cell exposure * year 2001/2000

− 0.246**

-0.0970

− 0.0549

− 0.0659

 

(0.0968)

(0.132)

(0.0889)

(0.118)

Cell fixed effects

yes

yes

yes

yes

Year fixed effects

yes

yes

yes

yes

Observations

46,358

7,792

46,330

7,742

R-squared

0.074

0.066

0.046

0.050

  1. Robust standard errors clustered at the cell level in parentheses. ***p < 0.01, **p < 0.05, *p < 0.1. “cell exposure” is the average employment in construction in the cell in the year 2000. Samples are the years 2000, 2003, 2008, and to 2012 for the CIS data and 2001, 2003, 2006, and 2011 for the NHS data. All regressions use cells defined by provinces, sex, and a dummy for age < 40