Table 5.
Lockdown effect on happiness – Event study
Dependent variable: GNH | |
---|---|
3 Weeks before lockdown | 0.050 |
(0.032) | |
2 Weeks before lockdown | −0.008 |
(0.035) | |
1 Week before lockdown | −0.316*** |
(0.059) | |
Week of the lockdown | −0.514*** |
(0.029) | |
1 Week after lockdown | −0.433*** |
(0.035) | |
2 Weeks after lockdown | −0.233*** |
(0.049) | |
3 Weeks after lockdown | −0.063** |
(0.025) | |
Lagged new deaths per million | 0.0035 |
(0.010) | |
Lagged new deaths per million squared | 0.00003 |
(0.0009) | |
Year FE | Yes |
Country FE | Yes |
R2 | 0.89 |
Standard errors are clustered at the level of observation. There are 150 clusters. The fourth week before lockdown is the reference week.
p < 0.10,
p < 0.05,
p < 0.01.
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