Table 5.
Effects of children's age on life satisfaction by stratified labor market group (FE).
| Total | Male | Female | ||||
|---|---|---|---|---|---|---|
| β | s.e. | β | s.e. | β | s.e. | |
| (1) Large·regular·0–5 (ref: SME·irregular·13–18) | 0.107*** | (0.032) | 0.110*** | (0.041) | 0.137** | (0.059) |
| (2) Large·regular·6–12 | 0.147*** | (0.041) | 0.159*** | (0.051) | 0.136* | (0.079) |
| (3) Large·regular·13–18 | 0.069*** | (0.026) | 0.064* | (0.036) | 0.090** | (0.043) |
| (4) Large·irregular·0–5 | 0.105 | (0.068) | 0.113 | (0.085) | 0.100 | (0.115) |
| (5) Large·irregular·6–12 | 0.060 | (0.111) | 0.279* | (0.162) | −0.150 | (0.155) |
| (6) Large·irregular·13–18 | 0.042 | (0.036) | 0.038 | (0.055) | 0.052 | (0.048) |
| (7) SME·regular·0–5 | 0.095*** | (0.028) | 0.096** | (0.037) | 0.138*** | (0.050) |
| (8) SME·regular·6–12 | 0.023 | (0.031) | 0.030 | (0.042) | 0.029 | (0.050) |
| (9) SME·regular·13–18 | 0.063*** | (0.022) | 0.070** | (0.032) | 0.054* | (0.031) |
| (10) SME·irregular·0–5 | −0.079* | (0.044) | −0.053 | (0.056) | −0.092 | (0.072) |
| (11) SME·irregular·6–12 | 0.018 | (0.050) | 0.014 | (0.068) | 0.011 | (0.074) |
| Age | −0.008 | (0.017) | −0.013 | (0.021) | 0.018 | (0.030) |
| Age2 | 0.000 | (0.000) | 0.000 | (0.000) | 0.000 | (0.000) |
| Separated (ref: Married) | −0.117 | (0.091) | −0.174 | (0.147) | −0.066 | (0.116) |
| Divorced | −0.210*** | (0.057) | −0.254*** | (0.078) | −0.142* | (0.085) |
| Widowed | −0.243 | (0.211) | −0.142 | (0.238) | −0.753 | (0.470) |
| Subjective health condition | 0.198*** | (0.008) | 0.200*** | (0.009) | 0.192*** | (0.014) |
| Middle school graduate (ref: Did not graduate from middle school) | 0.726** | (0.279) | 0.744** | (0.345) | 0.670 | (0.475) |
| High school graduate | 0.701** | (0.335) | 0.680* | (0.405) | 0.892 | (0.618) |
| Graduate of 2-year college | 0.653* | (0.342) | 0.616 | (0.416) | 0.864 | (0.626) |
| Graduate of 4-year college | 0.649* | (0.345) | 0.569 | (0.418) | 0.979 | (0.635) |
| Graduate of graduate school | 0.593* | (0.350) | 0.502 | (0.423) | 0.946 | (0.651) |
| Household income | 0.022*** | (0.008) | 0.007 | (0.009) | 0.056*** | (0.016) |
| Hourly wage | 0.138*** | (0.019) | 0.198*** | (0.023) | 0.033 | (0.031) |
| Overtime work | −0.001 | (0.001) | −0.002*** | (0.001) | 0.002** | (0.001) |
| Experience | 0.002 | (0.003) | 0.004 | (0.004) | 0.001 | (0.006) |
| Experience2 | 0.000 | (0.000) | 0.000 | (0.000) | 0.000 | (0.000) |
| Public enterprise (ref: Private enterprise) | −0.009 | (0.029) | 0.030 | (0.038) | −0.060 | (0.045) |
| Miscellaneous | 0.061 | (0.086) | 0.039 | (0.131) | 0.081 | (0.116) |
| Constant | 1.061* | (0.559) | 1.315** | (0.659) | 0.961 | (0.921) |
| sigma_u | 0.418 | 0.388 | 0.459 | |||
| sigma_e | 0.447 | 0.445 | 0.452 | |||
| Rho | 0.466 | 0.433 | 0.508 | |||
| N | 17,502 | 11,750 | 5,752 | |||
| N of group | 4,023 | 2,404 | 1,619 | |||
Source: Korean Labor and Income Panel Study (1st−20th).
*
p < 0.1,
**
p < 0.05,
***
p < 0.01.
sigma_u: standard deviation of residuals within groups, sigma_e: standard deviation of residuals (overall error term), Rho.