Table 4.

Feelings about the short-term evolution of the COVID-19 pandemic. Regressions as modeled in Equation (1). The dependent variables are the three main principal components, c.PC1, c.PC2, and c.PC3, described in Table A3, corresponding to question F1: “How do you think the pandemic situation will evolve in Italy in the next two months?”.

	c.PC1: Generic Pessimism			c.PC2: Optimism toward Vaccines			c.PC3: Pessimism toward Others’ Behavior
	Coeff.	St. Dev.	p-Value	Coeff.	St. Dev.	p-Value	Coeff.	St. Dev.	p-Value
Gender: Males	-	-	-	0.096	0.114	0.402	0.153	0.115	0.182
Gender: Other	-	-	-	0.398	0.201	0.048	0.050	0.204	0.808
Mother’s ed.: HS	-	-	-	−0.248	0.127	0.051	-	-	-
Mother’s ed.: No HS	-	-	-	−0.129	0.131	0.327	-	-	-
Lyceum (ref: other HS)	−0.280	0.115	0.015	-	-	-	0.162	0.115	0.161
Small City (<20,000 inhabitants)	-	-	-	0.177	0.106	0.095	−0.126	0.107	0.241
Social: Sometimes	−0.530	0.261	0.043	−0.724	0.259	0.005	−0.503	0.264	0.057
Social: Often	−0.406	0.249	0.103	−0.581	0.248	0.020	−0.447	0.252	0.077
News: Sometimes	0.052	0.110	0.636	-	-	-	-	-	-
News: Often	0.341	0.144	0.035	-	-	-	-	-	-
Vaccinated: Yes	-	-	-	−0.581	0.248	0.020	0.412	0.192	0.032
T1: Public good	0.329	0.155	0.035	−0.001	0.156	0.993	−0.168	0.157	0.287
T2: Private good	0.071	0.158	0.651	−0.060	0.159	0.707	0.129	0.161	0.421
T3: Severe adverse effects	0.103	0.158	0.516	0.017	0.158	0.915	0.131	0.159	0.411
T4: Mild adverse effects	0.009	0.156	0.951	0.157	0.155	0.313	0.036	0.157	0.817
Intercept	0.441	0.278	0.113	1.060	0.349	0.003	−0.083	0.340	0.806
No. obs.	395			395			395
R-squared	0.054			0.069			0.046
Adj. R-squared	0.032			0.040			0.018
F-test	2.442 **			2.366 ***			1.664 *

To improve readability, the p-values in italics correspond to coefficients that are significant at a 10% level. Significance level of F-test: * 10%, ** 5%, *** 1%.