| | ln(Headcount) | | ln(FTE) | |
|---|
| | (1) | (2) | (3) | (4) |
|---|
DDspring | 0.029 | 0.038 | –0.046 | –0.041 |
| | (0.062) | (0.061) | (0.060) | (0.059) |
DDsummer | 0.093 | 0.102 | 0.021 | 0.026 |
| | (0.062) | (0.065) | (0.058) | (0.059) |
δspring | –0.047 | –0.050 | –0.055 | –0.058 |
| | (0.039) | (0.042) | (0.034) | (0.038) |
δsummer | –0.003 | –0.006 | –0.022 | –0.025 |
| | (0.042) | (0.046) | (0.036) | (0.040) |
Controls | N | Y | N | Y |
R 2 | 0.054 | 0.068 | 0.062 | 0.066 |
N restaurants | 94 | 94 | 88 | 88 |
- Notes: OLS regression coefficients reported. In columns (1) and (2), the outcome is the natural logarithm of headcount employment by restaurants. In columns (3) and (4), the outcome is the natural logarithm of FTE employment, which is based on reported work-time information for each employee and computed only for restaurants with complete working time data. All specifications include restaurant fixed effects and period fixed effects. Columns (2) and (4) include control variables “Daily meals served (Mon-Thu)” and “Daily meals served (Fri-Sun).” We exclude data for managers and members of their family from the estimation. Robust standard errors clustered at the restaurant level reported in parentheses. ∗,∗∗, and ∗∗∗ denote statistical significance at 10%, 5%, and 1%, respectively
