Table 4 Coefficients on Layoffs and Plant closings in the subjective well-being regressions: men
Variables | (1) | (2) | (3) | (4) | (5) | (6) | (7) | (8) | (9) |
|---|---|---|---|---|---|---|---|---|---|
U-index | Net affect | Meaningfulness | Happiness | Pain | Sadness | Stress | Cantril ladder | Self-rated health | |
Panel A baseline model | |||||||||
Layoff | 0.032 (0.028) | − 0.149 (0.165) | − 0.253 (0.157) | − 0.075 (0.113) | 0.203 (0.128) | 0.058 (0.097) | − 0.039 (0.130) | − 0.541** (0.213) | − 0.026 (0.075) |
Plant closing | 0.009 (0.047) | 0.151 (0.287) | 0.431** (0.177) | 0.026 (0.188) | − 0.153 (0.243) | − 0.092 (0.166) | − 0.129 (0.173) | − 0.336 (0.360) | − 0.054 (0.149) |
Observations | 2942 | 2942 | 2942 | 2942 | 2942 | 2942 | 2942 | 1769 | 2942 |
R-squared | 0.061 | 0.075 | 0.076 | 0.081 | 0.097 | 0.081 | 0.085 | 0.115 | 0.106 |
Panel B baseline model plus dummies for marital status, employment status, and income | |||||||||
Layoff | 0.023 (0.030) | − 0.095 (0.172) | − 0.250* (0.146) | − 0.076 (0.119) | 0.149 (0.134) | 0.025 (0.100) | − 0.119 (0.132) | − 0.306 (0.196) | 0.005 (0.077) |
Plant closing | 0.004 (0.045) | 0.144 (0.278) | 0.381** (0.185) | − 0.035 (0.191) | − 0.202 (0.214) | − 0.111 (0.171) | − 0.224 (0.175) | − 0.052 (0.343) | − 0.001 (0.138) |
Observations | 2942 | 2942 | 2942 | 2942 | 2942 | 2942 | 2942 | 1769 | 2942 |
R-squared | 0.066 | 0.084 | 0.083 | 0.092 | 0.104 | 0.087 | 0.088 | 0.159 | 0.120 |