28 Chapter 2 Table 2.6: Results for the two-way FE model (1) (2) Variable Spending Generosity Foreign-bornt-1 0.152** 0.039 (0.072) (0.092) Population under 15t-1 0.555** –0.177 (0.222) (0.297) Population over 64t-1 0.164 –0.214 (0.160) (0.166) Unemployment ratet-1 0.237*** –0.016 (0.065) (0.099) GDP growtht-1 –0.196*** –0.008 (0.050) (0.054) Female labour force participationt-1 0.167** 0.228*** (0.071) (0.082) Left Seatst-1 0.004* 0.003 (0.002) (0.003) Union Densityt-1 0.115*** 0.217*** (0.044) (0.065) KOF – economict-1 0.064 0.006 (0.051) (0.054) Deindustrialisationt-1 –0.177* –0.064 (0.104) (0.200) Intercept 4.227 22.706 (12.612) (19.732) Country Dummies Yes Yes Year Dummies Yes Yes N 196 196 Adj R2 0.964 0.980 Rho 0.617 0.569 Standard errors in parentheses * p < .1, ** p < .05, *** p < .01
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