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IZA Journal of Labor & Development

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
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