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Table 5 Coefficients on Layoffs and Plant closings in the subjective well-being regressions: women

From: Job displacement and subjective well-being: findings from the American Time Use Survey Well-Being Modules

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

0.036 (0.034)

− 0.481** (0.228)

− 0.118 (0.173)

− 0.276 (0.179)

0.180 (0.145)

0.285** (0.143)

0.149 (0.163)

0.134 (0.226)

0.025 (0.099)

Plant closing

0.061 (0.051)

− 0.520* (0.285)

− 0.100 (0.196)

− 0.173 (0.169)

0.459** (0.234)

0.283 (0.234)

0.300 (0.256)

− 0.178 (0.335)

0.053 (0.139)

Observations

3109

3109

3109

3109

3109

3109

3109

1846

3109

R-squared

0.060

0.086

0.118

0.093

0.075

0.060

0.087

0.070

0.137

Panel B baseline model plus dummies for marital status, employment status, and income

Layoff

0.049 (0.035)

− 0.519** (0.235)

− 0.117 (0.180)

− 0.292 (0.185)

0.179 (0.141)

0.261* (0.142)

0.240 (0.163)

0.155 (0.240)

0.085 (0.090)

Plant closing

0.073 (0.052)

− 0.540* (0.287)

− 0.098 (0.195)

− 0.178 (0.170)

0.419* (0.235)

0.255 (0.243)

0.411 (0.254)

− 0.063 (0.329)

0.149 (0.134)

Observations

3109

3109

3109

3109

3109

3109

3109

1846

3109

R-squared

0.063

0.094

0.124

0.100

0.081

0.069

0.099

0.099

0.155

  1. The estimates in columns 1 through 7 and 9 are OLS coefficients from the 2010, 2012, and 2013 ATUS WB Modules; the estimates in column 8 are OLS coefficients from the 2012 and 2013 ATUS WB Modules. All estimates use the WB Module final weight (WUFINLWGT). Standard errors in parentheses. *** p < 0.01, ** p < 0.05, * p < 0.1. The following control variables are included in all columns in both Panels A and B: age and its square; three dummies for race/ethnicity; five education dummies; number of disabilities; an immigrant dummy; number of children; a metropolitan status dummy; two season dummies; year dummies; dummies for the DWS year; and state dummies. Columns 1 through 7 additionally contain a holiday dummy and six dummies for the days of the week. Panel B additionally includes two marital-status dummies; two employment-status dummies; and four dummies for family income during the last 12 months