My data set is a national panel survey from 2013-2019
I am trying to determine if a pension reform in 2016 results in lower working hours
reform targets 20-30hr work week, firm size 500+ workers
ln_hr is the outcome variable log of weekly hrs
the did variables are the treatment group x treatment year:
did = actual treatment group x treatment year
In addition I added the did effect for 2 closely related groups that were not affected
did2= firm size below 500 x treated year
did3= over 30hr work week x treated year
age groups: 1 (young), 2 (prime), 3 (old)
sex=1 male,
married=0 (unmarried), 1(married)
The thing is, I'm confused on how I should interpret my regression results
I've run this first on prime males then I try with female and other age groups:
Code:
. xtreg ln_hrs did did2 did3 married age age_sq if sex==1 & agegroup==2, note: married omitted because of collinearity Fixed-effects (within) regression Number of obs = 1,413,097 Group variable: pid2 Number of groups = 506,653 R-sq: Obs per group: within = 0.0484 min = 1 between = 0.0126 avg = 2.8 overall = 0.0144 max = 8 F(5,906439) = 9227.91 corr(u_i, Xb) = -0.3694 Prob > F = 0.0000 ln_hrs Coef. Std. Err. t P>t [95% Conf. Interval] did -.3918229 .0031649 -123.80 0.000 -.3980259 -.3856199 did2 -.2259312 .0024079 -93.83 0.000 -.2306506 -.2212118 did3 .1183826 .0010739 110.24 0.000 .1162778 .1204873 married 0 (omitted) age -.0053248 .0019617 -2.71 0.007 -.0091697 -.0014799 age_sq -.0000975 .0000219 -4.44 0.000 -.0001405 -.0000545 _cons 4.18519 .0436677 95.84 0.000 4.099603 4.270778 sigma_u .30998708 sigma_e .20286125 rho .70015095 (fraction of variance due to u_i) F test that all u_i=0: F(506652, 906439) = 4.51 Prob > F = 0.0000
Code:
. estimates table male_prime male_old male_young female_old female_young, stats(N r2 Variable male_prime male_old male_young female_old female_y~g did -.3918229 .20869769 .14312667 .02250853 .16162787 did2 -.22593119 -.0212681 .18365077 .13229586 .18334501 did3 .11838256 .23876996 .29431827 .28468336 .32835838 married (omitted) (omitted) (omitted) (omitted) (omitted) age -.00532479 .08906627 -.00525672 .00457667 .48950869 age_sq -.00009747 .00039557 .00070005 -.00021192 -.01037898 _cons 4.1851905 7.5631666 3.1662467 3.5781754 -2.4026562 N 1413097 198487 116533 1136866 113062 r2 .04843646 .05134639 .04625304 .04583826 .05474549 r2_a -.48344304 .53456717 -.71746081 -.51141495 -.69389812
The null hypothesis is that there is no difference between the experimental and control groups and I don't know if I can reject it here.
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