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Table 2 Trust and upward income mobility

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
Age 0.128*** 0.0566*** 0.0139 0.0114 0.00915 0.0150
  (–3.34)   (0.46)   (0.30)  
Agesq –0.00114** –0.0005** –0.0001 –0.0001 –0.0000 –0.0001
  (-2.90)   (–0.22)   (–0.03)  
IMIup –1.200*** –0.211*** 1.466*** 0.225*** 1.368*** 0.216***
  (–17.17)   (7.92)   (6.60)  
Black –0.387 –0.106 –0.517** –0.0323** –0.455** –0.0377**
  (–1.78)   (–3.04)   (–2.78)  
Female –0.0994 –0.0752 0.130 –0.0047 0.0940 –0.0061
  (–0.96)   (1.55)   (1.15)  
Educ 0.0864*** 0.0291*** 0.0557* 0.0113* 0.0698*** 0.0125***
  (–4.78)   (2.40)   (3.31)  
Res16 0.0405 0.0226 –0.0096 0.0019 0.0240 0.0002
  (–1.18)   (–0.34)   (0.88)  
Children –0.0932 –0.0185 –0.106 –0.0137 –0.144 –0.0149
  (–0.65)   (–0.93)   (–1.30)  
Religious 0.0072 –0.0169 0.0507 0.0051 0.0629 0.0014
  (–0.05)   (0.42)   (0.54)  
IMIup    
Age 0.151** 0.0566** 0.0675* 0.0114* 0.0899** 0.0150**
  (–3.21)   (2.36)   (3.21)  
Agesq –0.0014** –0.0005** –0.0006* –0.0001* –0.0008** –0.0001**
  (–2.95)   (–2.02)   (–2.87)  
Black 0.021 –0.106 0.222 –0.0323 0.145 –0.0377
  (–0.09)   (1.31)   (0.91)  
Female –0.239* –0.0752* –0.163 –0.0047 –0.133 –0.0061
  (–2.03)   (–1.78)   (–1.53)  
Educ 0.0653** 0.0291** 0.0255 0.0113 0.0130 0.0125
  (–3.21)   (1.54)   (0.84)  
Res16 0.0665 0.0226 0.0230 0.0019 –0.0222 0.0002
  (–1.71)   (0.75)   (–0.76)  
Children –0.0239 –0.0185 0.0126 –0.0137 0.0479 –0.0149
  (–0.15)   (0.10)   (0.40)  
Religious –0.083 –0.0169 –0.0131 0.0051 –0.0534 0.0014
  (–0.49)   (–0.10)   (–0.43)  
Diffspousemother –0.0044 –0.0010 0.0036 0.0005 0.0050* 0.0007*
  (–1.81)   (1.76)   (2.40)  
ATE –0.184*** 0.356*** 0.349***
N 519 804 873
Wald chi2(18) 333.57 387.34 345.32
LR test of indep. eqns. (rho = 0):       
chi2(1) 2.802 2.562 3.938
Prob>chi2 0.0941 0.1095 0.0472
  1. Note: Biprobit fits a maximum-likelihood two-equation probit models of the binary variables TRUST and IMIup
  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