Table 7 Variables definition and summary statistics (economic shocks)
From: Short-time work in Luxembourg: evidence from a firm survey
N | Mean | |
|---|---|---|
Description: 1 if factor firms’ activity … in t, 0 otherwise | ||
Level of demand | ||
Decreased | 1045 | 0.34 |
Moderately | 1045 | 0.22 |
Strongly | 1045 | 0.13 |
Volatility/uncertainty of demand | ||
Decreased | 1045 | 0.29 |
Moderately | 1045 | 0.21 |
Strongly | 1045 | 0.09 |
Access to external financing | ||
Decreased | 1045 | 0.19 |
Moderately | 1045 | 0.14 |
Strongly | 1045 | 0.05 |
Customers’ ability to pay | ||
Decreased | 1045 | 0.35 |
Moderately | 1045 | 0.27 |
Strongly | 1045 | 0.08 |
Availability of supplies | ||
Decreased | 1045 | 0.11 |
Moderately | 1045 | 0.09 |
Strongly | 1045 | 0.02 |