Table 6.

Coping mechanisms against the pandemic

	(1)	(2)	(3)	(4)	(5)
VARIABLES	Dissaving	Borrowing	Selling assets	Reducing food expenses	Reducing health expenses
COVID-19	0.008	0.023*	-0.009	0.136***	0.028***
	(0.007)	(0.011	(0.006	(0.011)	(0.011)
Household size	-0.042*	-0.033**	0.022	0.041**	0.002
	(0.022)	(0.014)	(0.014)	(0.016)	(0.009)
Head's work	0.029***	-0.017**	-0.004	-0.029***	-0.011
	(0.009)	(0.008)	(0.005)	(0.009)	(0.008)
Members lost job	0.027	0.059	-0.013	-0.015	0.032
	(0.046)	(0.052)	(0.024)	(0.043)	(0.053)
Members reduced work	-0.048	0.046	-0.098***	-0.049	-0.038
	(0.211)	(0.105)	(0.031)	(0.139)	(0.165)
Employment rate	-0.041***	-0.022**	-0.012*	-0.049***	0.015
	(0.01)	(0.009)	(0.006)	(0.01)	(0.001)
Higher than median income	0.044***	-0.007	0.044***	8.52e-05	-0.026***
	(0.007)	(0.006)	(0.005)	(0.006)	(0.006)
Observations	13,340	20,714	20,714	20,714	23,116
Household FE	Yes	Yes	Yes	Yes	Yes

Author's estimations

Robust standard errors in parentheses. *** p < 0.01, ** p < 0.05, * p < 0.1

Column (1) is only for households with savings. In Columns (2)-(4), the dependent variables are not observed in waves 68–69