Payment date within municipalities | ||||
---|---|---|---|---|
Earliest pay date | Latest pay date | |||
(1) | (2) | (3) | (4) | |
Panel A | ||||
Coefficient on linear specification | 0.127*** | 0.131*** | 0.119*** | 0.123*** |
(0.014) | (0.013) | (0.025) | (0.039) | |
[0.523] | [0.546] | [0.489] | [0.557] | |
Panel B | ||||
Transfer occurred (with respect to the reference day): | ||||
At least 7 days before | 0.157*** | 0.109*** | 0.123** | 0.173*** |
(0.044) | (0.034) | (0.041) | (0.053) | |
5or 6 days before | -0.288** | -0.268* | -0.230* | -0.196* |
(0.116) | (0.156) | (0.101) | (0.091) | |
3 or 4 days before | -0.434** | -0.489** | -0.339 | -0.432** |
(0.228) | (0.204) | (0.243) | (0.213) | |
2 days before | -0.251 | -0.266 | -0.252 | -0.209 |
(0.237) | (0.212) | (0.212) | (0.221) | |
1 day before | 0.053 | -0.067 | -0.039 | 0.051 |
(0.234) | (0.209) | (0.249) | (0.219) | |
1 day after | 0.180 | 0.174 | 0.178 | 0.263 |
(0.244) | (0.219) | (0.256) | (0.227) | |
2 days after | 0.343 | 0.313 | 0.442* | 0.448** |
(0.247) | (0.223) | (0.257) | (0.230) | |
3 or 4 days after | 0.243 | 0.203 | 0.326 | 0.380* |
(0.231) | (0.209) | (0.242) | (0.217) | |
5 or 6 days after | 0.829*** | 0.818*** | 0.962*** | 1.023*** |
(0.263) | (0.241) | (0.278) | (0.252) | |
At least 7 days after | 1.132*** | 1.203*** | 1.267*** | 1.134*** |
(0.276) | (0.253) | (0.294) | (0.277) | |
[0.520] | [0.610] | [0.519] | [0.537] | |
Individual fixed effects | Yes | Yes | Yes | Yes |
Observations | 5,789 | 7,105 | 5,789 | 7,105 |
Number of individuals | 827 | 1,015 | 827 | 1,015 |