Table 7 Absolute Income Hypothesis - Generalized ordered probit (Wave 5)

Income

1.99e-06 ***

2.25e-06 ***

3.68e-06 ***

3.81e-06 ***

(2.76e-07)

(2.00e-07)

(2.44e-07)

(4.44e-07)

Income squared

-2.11e-13 ***

-7.96e-13 ***

-3.26e-13 ***

-5.41e-12 ***

(2.90e-14)

(1.17e-13)

(4.71e-13)

(1.55e-12)

Age

0.037 ***

0.037 ***

0.026 ***

0.029 ***

(0.01)

(0.008)

(0.009)

(0.012)

Age squared

-0.0004 ***

-0.0004 ***

-0.0004 ***

-0.0003 ***

(0.0001)

(0.0001)

(0.0001)

(0.0001)

Years of education

0.031 ***

0.038 ***

0.036 ***

0.024 ***

(0.002)

(0.001)

(0.001)

(0.002)

Gender =1 if women

0.066 ***

-0.014

-0.005

-0.002 **

(0.016)

(0.012)

(0.012)

(0.016)

Marital Status:

Married, living with spouse

Reference group

Registered partnership

-0.063

-0.093 **

0.029

-0.027

(0.069)

(0.046)

(0.045)

(0.057)

Married, not living with spouse

-0.251 ***

-0.112 **

-0.0001

0.118 *

(0.062)

(0.049)

(0.053)

(0.069)

Never married

-0.048

-0.068 ***

-0.038

-0.065 *

(0.032)

(0.024)

(0.026)

(0.035)

Divorced

-0.157 ***

-0.059 ***

0.05 ***

0.06 **

(0.026)

(0.019)

(0.021)

(0.027)

Widowed

-0.017

-0.026

0.002

-0.015

(0.021)

(0.017)

(0.02)

(0.029)

Job Situation:

Retired

Reference group

Employed

0.398 ***

0.312 ***

0.203 ***

0.174 ***

(0.029)

(0.019)

(0.019)

(0.025)

Unemployed

-0.222 ***

-0.191 ***

-0.233 ***

-0.126 **

(0.047)

(0.035)

(0.038)

(0.053)

Permanently sick

-1.196 ***

-1.268 ***

-1.307 ***

-0.963 ***

(0.033)

(0.038)

(0.054)

(0.076)

Home-maker

-0.088 ***

-0.052 **

-0.047 *

-0.006

(0.029)

(0.022)

(0.025)

(0.035)

Other

-0.354 ***

-0.173 ***

-0.145 ***

-0.017

(0.041)

(0.037)

(0.046)

(0.064)