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Table 1 Trust and relative income mobility (upward/downward)

From: Uncovering the impact of intergenerational income mobility on interpersonal trust

 

(1)

(2)

(3)

TRUST=1 if “can trust”

MLE coeff

ME

MLE coeff

ME

MLE coeff

ME

A g e≤25

–0.465

–0.170

–0.575*

–0.056*

–0.430

–0.0623

 

(–1.62)

 

(–2.09)

 

(–1.58)

 

25<A g e≤35

–0.342

–0.131

–0.0541

–0.0866

–0.0160

–0.0813

 

(–1.77)

 

(–0.28)

 

(–0.08)

 

35<A g e≤45

–0.244

–0.102

0.0751

–0.0601

0.0937

–0.0551

 

(–1.31)

 

(0.42)

 

(0.52)

 

45<A g e≤65

0.0331

–0.0039

0.314

0.0071

0.294

0.0086

 

(0.18)

 

(1.81)

 

(1.70)

 

IMI

–1.244***

–0.364***

1.475***

0.306***

1.432***

0.289***

 

(–4.63)

 

(13.64)

 

(14.54)

 

Black

–0.376**

–0.136**

–0.354*

–0.0700*

–0.295*

–0.0647*

 

(–2.63)

 

(–2.57)

 

(–2.14)

 

Female

0.0742

0.0336

–0.0797

0.0098

–0.0730

0.00831

 

(1.02)

 

(–1.16)

 

(–1.07)

 

Educ

0.0860***

0.0311***

0.0733***

0.0220***

0.0803***

0.0190***

 

(5.25)

 

(4.48)

 

(5.18)

 

Res16

0.0104

0.0048

–0.00887

0.0008

0.0059

–0.0019

 

(0.42)

 

(–0.38)

 

(0.25)

 

Children

–0.121

–0.0441

–0.154

–0.0187

–0.155

–0.0155

 

(–1.25)

 

(–1.66)

 

(–1.68)

 

Religious

–0.0009

–0.0026

0.0243

0.0059

0.0494

0.0018

 

(–0.01)

 

(0.25)

 

(0.51)

 

IMI

   

A g e≤25

–0.188

–0.170

0.430

–0.0562

0.165

–0.0623

 

(–0.55)

 

(1.33)

 

(0.54)

 

25<A g e≤35

–0.248

–0.131

–0.320

–0.0866

–0.364

–0.0813

 

(–1.03)

 

(–1.54)

 

(–1.77)

 

35<A g e≤45

–0.367

–0.102

–0.325

–0.0601

–0.334

–0.0551

 

(–1.60)

 

(–1.63)

 

(–1.70)

 

45<A g e≤65

–0.375

–0.0039

–0.318

0.0071

–0.281

0.00858

 

(–1.67)

 

(–1.63)

 

(–1.46)

 

Black

0.0136

–0.136

0.0789

–0.0700

0.00534

–0.0647

 

(0.09)

 

(0.55)

 

(0.04)

 

Female

0.172*

0.0336*

0.127

0.0098

0.112

0.0083

 

(2.11)

 

(1.68)

 

(1.50)

 

Educ

–0.0055

0.0311

0.00409

0.0220

–0.0104

0.0190

 

(–0.36)

 

(0.29)

 

(–0.75)

 

Res16

0.0268

0.00480

0.0129

0.0008

–0.0139

–0.0019

 

(0.96)

 

(0.50)

 

(–0.54)

 

Children

–0.0096

–0.0441

0.0979

–0.0187

0.104

–0.0155

 

(–0.09)

 

(0.95)

 

(1.02)

 

Religious

–0.0628

–0.0026

–0.0040

0.0059

–0.0466

0.0018

 

(–0.54)

 

(–0.04)

 

(–0.44)

 

Diffspousemother

–0.0074***

–0.0003***

0.0026

0.0007

0.0033*

0.0008*

 

(–3.54)

(1.58)

(2.07)

ATE

–0.434***

0.497***

0.504***

N

1205

1205

1205

Wald chi2(22)

261.06

580.02

598.7

LR test of indep. eqns. (rho = 0):

      

chi2(1)

4.607

2.803

3.959

Prob>chi2

0.0318

0.0941

0.0466

  1. Note: Biprobit fits a maximum-likelihood two-equation probit models of the binary variables TRUST and IMI
  2. ME stands for Marginal Effects; t statistics in parentheses. In estimations (1) through (3) the binary dummy IMI is based on the differently defined indice I M i n d x 1,I M i n d x 2 and I M i n d x 3. Preferred estimations are printed in bold font
  3. * p<0.05, ** p<0.01, *** p<0.001