Table 8.
Marginal Effect of Turnover on Weekly Earnings by Schedule Instability at Baseline
| Model | Turnover | Δ Weekly Earnings (includes $0 earners) | Δ Weekly Earnings (excludes $0 earners) | |||
|---|---|---|---|---|---|---|
| OLS | FE | OLS | Heckman | FE | ||
| (1) | Left job × Instability scale | |||||
| Left job × instability scale = 0 | −307.5*** | −324.7*** | −180.8 | −155.4 | −202.5 | |
| Left job × instability scale = 1 to 2 | −112.0*** | −114.5*** | 47.07** | 54.42** | 42.40* | |
| Left job × instability scale = 3 to 5 | −122.3*** | −124.4*** | 12.83 | 16.91 | 13.64 | |
| Wald test | * | * | * | |||
| n | 1,542 | 3,369 | 1,408 | 1,827 | 3,235 | |
| (2) | Quit × Instability scale | |||||
| Quit × instability scale = 0 | −326.1*** | −355.0*** | −214.4* | −189.7 | −240.6 | |
| Quit × instability scale = 1 | −93.58*** | −96.58*** | 40.10* | 47.66** | 35.30 | |
| Quit × instability scale = 2 | −114.0*** | −116.5*** | 15.71 | 19.56 | 16.25 | |
| Wald test | * | |||||
| n | 1,504 | 3,331 | 1,391 | 1,766 | 3,218 | |
Notes: Ordinary least squares (OLS), fixed effects (FE), and Heckman estimates shown. In each model, turnover is interacted with instability measured at baseline. Values in each cell represent the change in earnings associated with turnover, among respondents at each level of schedule instability at baseline. OLS and Heckman models control for race, gender, parenthood status, age, educational attainment, school enrollment, marital status, job tenure, managerial status, industry, respondent preference for more work hours, schedule control, weekly earnings at baseline, and time between interviews. Heckman models include dependency ratio in selection equation. FE models control for person and time fixed effects. Wald test reports significance of interaction between turnover variable and instability scale measured at baseline.
p < 0.10;
p < 0.05;
p < 0.01.