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. 2021 Mar 17;43:102021. doi: 10.1016/j.frl.2021.102021

Table 3.

Correlation matrix across covariates.

Variables SWG Size Demand
SWG 1
Size -0.1150 1
Demand -0.2078 -0.0131 1

Notes: Table 3 reports the correlation coefficient between variables as used in the study. As can be seen above, there is a negative relationship between short-term working allowance and firm size. Similarly, it is seen that the allowance and the demand changes are negatively correlated. For the variable description, see Appendix.