Table 8. Probit (margins) results for economic present and future impact and concern with economy.
Concern with economy | Negative present impact | Negative future impact | |
---|---|---|---|
Negative present impact | 0.059*** | ||
(0.017) | |||
Negative future impact | 0.053*** | ||
(0.016) | |||
Concern with economy | 0.140*** | 0.147*** | |
(0.041) | (0.043) | ||
Controls | |||
- Gender (female) | + | . | . |
- Age group (5 cat.) | . | - | - |
- Higher education | - | . | + |
- Residence area (Lisbon) | . | . | . |
*,**, *** indicate significance at 10%, 5%, and 1% level, respectively; (standard error).
Note: Negative present impact is a binary variable that indicates whether the respondent reported already feeling high or very high negative impact of the pandemic in the financial situation of the household; negative future impact is a binary variable that indicates whether the respondent reported foreseeing high or very high negative financial impacts for the household; concern with economy is a binary variable that indicates whether the respondent was concerned or very concerned with the pandemic impact on the Portuguese Economy. For the controls, the sign indicates the sign of the coefficient, if missing the coefficient was not statistically significant.