Table 6

Depression and Risk-Taking Behaviors in the Social Domain

Lend BelongingsLend BelongingsLend MoneyLend Money
Depression

–0.041**

(0.020)

–0.055***

(0.020)

0.105***

(0.021)

0.099***

(0.022)

Average partial effect:
Pr(Y = 1)

0.010**

(0.005)

0.012***

(0.005)

–0.042***

(0.008)

–0.035***

(0.008)

Pr(Y = 2)

0.006**

(0.003)

0.007***

(0.003)

0.018***

(0.003)

0.015***

(0.003)

Pr(Y = 3)

–0.005**

(0.003)

–0.006***

(0.002)

(0.018***

(0.004)

0.015***

(0.003)

Pr(Y = 4)

–0.008**

(0.004)

–0.010***

(0.004)

0.005***

(0.001)

0.004***

(0.001)

Pr(Y = 5)

–0.003**

(0.001)

–0.004***

(0.001)

0.001***

(0.000)

0.001***

(0.000)

ControlsNoYesNoYes
Obs.15,01515,01515,01115,011
Persons15,01515,01515,01115,011
Pseudo R20.0000.0580.0010.077

  • ↵Notes: SOEPv33.1i 2008. Lend belongings is a categorical variable (1–5 scale) indicating the frequency at which the respondent lends belongings to friends (1 = never, 5 = very often). The distribution from 1–5 is 0.167, 0.296, 0.345, 0.160, and 0.032. Lend money is a categorical variable (1–5 scale) indicating the frequency at which the respondent lends money to friends (1 = never, 5 = very often). The distribution from 1–5 is 0.538, 0.319, 0.116, 0.023, and 0.004. Controls include: sex, age, age2, log monthly household income, own and parents’ upper secondary education or higher, household type (single person, couple without children, single parent, couple with children <16y, couple with children 16y+, couple with children <16y and 16y+, multigeneration, other combination [ref. group]), and German born. Average partial effects are the sample mean predicted probability for each of the possible responses when going from Depression = 1 to Depression = 0. Robust standard errors are in parentheses. Standard errors for average partial effects are calculated using the delta method. **p< 0.05, ***p< 0.01.