. Author manuscript; available in PMC: 2019 May 1.

Published in final edited form as: Rev Econ Stat. 2018 May 4;100(2):362–375. doi: 10.1162/REST_a_00697

Table A.1.

Eurobarometer: Omission of the Great Recession Years

	(1)	(2)	(3)	(4)
		Life Satisfaction
	Years Omitted: 2007–2009
Economic Growth	2.789^***		4.271^***
Economic Growth	(0.438)		(0.535)
Negative Growth		−8.515^***		−9.059^***
Negative Growth		(1.511)		(1.927)
Positive Growth		0.938^**		1.605^***
Positive Growth		(0.365)		(0.494)
Country and Wave FEs	x	x	x	x
Individual Controls	x	x	x	x
Balanced Sample			x	x
Countries	15	15	15	15
Country-Years	463	463	240	240
Individuals	973,557	973,557	524,071	524,071
R²	0.030	0.032	0.041	0.043

Robust standard errors in parentheses, adjusted for clustering at the country-year level. All outcomes variables are standardised (mean=0, SD=1). All regressions include individual-level controls: age, age-squared, education level, gender, marital status. Country fixed effects and survey wave dummies are included in all models. Negative and Positive Growth terms are splines, such that negative (positive) growth is equal to the absolute value of the growth rate when it is negative (positive) and zero otherwise.

p < 0.1

^**

p < 0.05

^***

p < 0.01.