Panel A: impact of SMS |
SMS – all |
−0.0097 (0.0143) |
−0.0100 (0.0144) |
−0.0092 (0.0152) |
−0.0090 (0.0154) |
−0.0091 (0.0160) |
−0.0093 (0.0162) |
Constant (reference: no SMS) |
0.1864*** (0.0146) |
0.1866*** (0.0146) |
0.1860*** (0.0159) |
0.1858*** (0.0160) |
0.1859*** (0.0166) |
0.1860*** (0.0130) |
Panel B: impact of SMS according to language style |
SMS – formal |
−0.0003 (0.0165) |
−0.0000 (0.0168) |
0.0016 (0.0170) |
0.0020 (0.0174) |
0.0026 (0.0179) |
0.0019 (0.0181) |
SMS – informal |
−0.0129 (0.0143) |
−0.0134 (0.0143) |
−0.0129 (0.0153) |
−0.0128 (0.0155) |
−0.0131 (0.0161) |
−0.0131 (0.0163) |
Constant (reference: no SMS) |
0.1864*** (0.0146) |
0.1866*** (0.0146) |
0.1860*** (0.0159) |
0.1859*** (0.0160) |
0.1859*** (0.0166) |
0.1861*** (0.0130) |
βSMS Formal = βSMS Informal |
0.1599 |
0.1314 |
0.1099 |
0.1107 |
0.0957 |
0.1020 |
N |
4,103 |
4,103 |
4,103 |
4,103 |
4,103 |
4,103 |
Displayed information |
No |
Yes |
Yes |
Yes |
Yes |
Yes |
Individual characteristics |
No |
No |
Yes |
Yes |
Yes |
Yes |
Agency characteristics |
No |
No |
No |
Yes |
Yes |
Yes |
Location characteristics |
No |
No |
No |
No |
Yes |
Yes |
Month fixed effects |
No |
No |
No |
No |
No |
Yes |