Table 4.
Results by type of ownership of the employing organization
| (1) | (2) | (3) | |
|---|---|---|---|
| Dependent variable | Employed | Did not Work Last Week | Log (Work Hours Last Week) |
| Panel A: Public employees | |||
| COVINDEX | 0.046*** | −0.015*** | 0.013*** |
| (0.004) | (0.003) | (0.004) | |
| Observations | 129,502 | 125,051 | 116,022 |
| R 2 | 0.041 | 0.049 | 0.106 |
| D.V. Mean 01/2019–02/2020 | 0.93 | 0.05 | 3.62 |
| Panel B: Private employees | |||
| COVINDEX | 0.082*** | −0.020*** | 0.016*** |
| (0.005) | (0.002) | (0.002) | |
| Observations | 677,579 | 639,454 | 605,353 |
| R 2 | 0.93 | 0.03 | 0.129 |
| D.V. Mean 01/2019–02/2020 | 0.93 | 0.03 | 3.61 |
| Panel C: Self‐employed workers | |||
| COVINDEX | 0.108*** | −0.080*** | 0.060*** |
| (0.007) | (0.007) | (0.007) | |
| Observations | 84,118 | 81,466 | 69,705 |
| R 2 | 0.051 | 0.036 | 0.099 |
| D.V. Mean 01/2019–02/2020 | 0.92 | 0.05 | 3.57 |
| For all | |||
| Month FE | Yes | Yes | Yes |
| State FE | Yes | Yes | Yes |
| Year FE | Yes | Yes | Yes |
Note: The sample in all columns includes individuals between 18 and 64 years old. We estimate Equation (3). All regressions include a constant, as well as demographic controls for age, gender, marital status, parental status, and educational attainment. We also control for the type of occupation in Columns (2)–(3). Please refer to Table E1 in the Data Appendix for a detailed description of each variable. The sample in Column (1) is civilian, not institutionalized individuals from January 2019 to May 2020 Monthly CPS data. The sample in Column (2) are individuals currently employed. In Column (3) we use those individuals in Column (2) who report being at work during the prior week. Estimates are weighted using CPS weights. Robust standard errors are clustered at the state level and reported in parentheses.
*Significant at the 10% level.
**Significant at the 5% level.
Significant at the 1% level.