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Subjective Well-Being, Income and Economic Margins - DiVA

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Table 6: Daily life satisfaction, logarithmic income specifications<br />

Pooled cross-section<br />

Fixed effects<br />

(1) (2) (3) (4) (5) (6)<br />

Household income (log) 0.23*** 0.13*** −0.086 −0.071<br />

(0.04) (0.045) (0.089) (0.1)<br />

No cash margin −0.48*** −0.29*** −0.27*** −0.23**<br />

(0.051) (0.053) (0.1) (0.11)<br />

Female 0.18***<br />

(0.033)<br />

Symptom index −0.032*** −0.03***<br />

(0.0029) (0.0057)<br />

Cohabiting 0.27*** 0.22**<br />

(0.05) (0.1)<br />

Divorced or widow 0.033 0.019<br />

(0.067) (0.14)<br />

Cohab. parent 0.018 −0.11<br />

(0.039) (0.067)<br />

Single parent 0.071 −0.15<br />

(0.084) (0.13)<br />

Part time 0.04 0.0069<br />

(0.043) (0.081)<br />

Self-employed 0.22*** 0.31**<br />

(0.061) (0.13)<br />

Unemployed −0.18** −0.025<br />

(0.082) (0.12)<br />

Other controls No No Yes No No Yes<br />

Year FE Yes Yes Yes — — —<br />

N 6418 6418 6418 1414 1414 1414<br />

R 2 0.01 0.02 0.08 0.00 0.01 0.06<br />

Significant at *** 1%, ** 5%, * 10%. Ordered logit regressions, coefficients st<strong>and</strong>ardized by<br />

latent variable st<strong>and</strong>ard deviation, st<strong>and</strong>ard errors cluster-robust w.r.t. individuals. ‘Other<br />

controls’ refer to dummy variables for level of education, age group, retired, <strong>and</strong> ‘other<br />

occupation’ (the first only for cross-section regressions).<br />

31

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