Table 7 Overall impact of expecting to receive SSS payouts on private cash transfers
(1) | (2) | (3) | (4) | (5) | (6) | |
|---|---|---|---|---|---|---|
VARIABLES | Whether received | Amount received | Amount received (positive) | Whether gave | Amount given | Amount given (positive) |
Expect SS × Jan | −0.024* | − 13.486 | 13.934 | 0.012 | −4.007 | −35.206 |
(0.014) | (15.110) | (30.477) | (0.016) | (12.908) | (39.509) | |
Expect SS × Feb | −0.011 | − 11.979 | − 25.963 | − 0.021 | − 26.840 | −14.883 |
(0.014) | (16.002) | (39.657) | (0.018) | (20.483) | (54.700) | |
Expect SS × Mar | 0.002 | 21.790 | 36.309 | 0.016 | −13.168 | −34.825 |
(0.013) | (13.486) | (28.706) | (0.016) | (14.962) | (42.608) | |
Expect SS × announce-to-pay | −0.005 | 4.486 | 4.767 | 0.007 | −3.572 | −4.403 |
(0.011) | (11.380) | (23.437) | (0.012) | (10.240) | (35.883) | |
Expect SS × post-pay | −0.007 | 2.602 | 18.775 | −0.004 | −11.093 | −17.312 |
(0.012) | (12.084) | (25.973) | (0.013) | (9.670) | (31.965) | |
Mean | 0.33 | 231.35 | 707.28 | 0.29 | 122.02 | 427.49 |
S.D. | 0.47 | 461.00 | 559.60 | 0.45 | 354.73 | 557.09 |
Observations | 49,565 | 49,471 | 15,293 | 49,313 | 49,274 | 13,278 |
R-squared | 0.74 | 0.74 | 0.78 | 0.61 | 0.42 | 0.50 |