Table 10.
Outliers
(1) | (2) | (3) | (4) | |
---|---|---|---|---|
Trim WBT | Winsorize WBT | Trim output | Winsorize output | |
WBT | 105.599*** | 98.335*** | 67.055*** | 71.912*** |
(11.558) | (10.296) | (8.456) | (8.766) | |
Observations | 31,765 | 35,190 | 31,667 | 35,190 |
Number of workers | 589 | 635 | 536 | 635 |
Worker FE | Yes | Yes | Yes | Yes |
Year FE | Yes | Yes | Yes | Yes |
Month FE | Yes | Yes | Yes | Yes |
Other weather | Yes | Yes | Yes | Yes |
The dependent variable of all regressions is output per worker-shift. WBT refers to the maximum wet bulb temperature on day of shift. Trim temperature (output) excludes observations with temperature (output) higher than the 95th percentile and lower than the 5th percentile. Winsorize temperature (output) indicates that temperature (output) below the 5th percentile set to the 5th percentile, and above the 95th percentile set to the 95th percentile. Robust standard errors clustered at the worker level are presented in parentheses, and ***, **, *