Table 2.
M1 | M2 | |||
---|---|---|---|---|
FE | RE | FE | RE | |
coeff. (s.e.) | coeff. (s.e.) | coeff. (s.e.) | coeff. (s.e.) | |
Ref: Permanent | ||||
Temporary | -0.147 (0.100) | -0.400 (0.058) | -0.159 (0.159) | -0.455 (0.095) |
First-job seekers | -0.435 (0.139) | -0.359 (0.077) | -0.459 (0.195) | -0.272 (0.127) |
Unemployed | -0.317 (0.150) | -0.710 (0.086) | -0.366 (0.237) | -0.820 (0.143) |
Out of LF | -0.300 (0.091) | -0.182 (0.039) | -0.305 (0.091) | -0.183 (0.039) |
2008 | -0.034 (0.043) | 0.075 (0.032) | -0.057 (0.047) | 0.066 (0.035) |
2010 | -0.031 (0.085) | 0.326 (0.036) | -0.012 (0.090) | 0.324 (0.039) |
Fam. Income | 0.038 (0.031) | 0.136 (0.011) | 0.039 (0.031) | 0.136 (0.011) |
Fam. Income sq. | -0.384 (0.129) | -0.267 (0.033) | -0.390 (0.131) | -0.267 (0.033) |
Fam. Wealth | 0.050 (0.013) | 0.016 (0.005) | 0.050 (0.013) | 0.015 (0.005) |
Fam. Wealth sq. | -0.016 (0.005) | -0.006 (0.003) | -0.016 (0.005) | -0.006 (0.003) |
Unemp. rate | 0.095 (0.039) | -0.060 (0.005) | 0.094 (0.040) | -0.060 (0.005) |
Age | -0.015 (0.004) | -0.015 (0.004) | ||
Age 2 | -0.074 (0.008) | -0.086 (0.004) | -0.075 (0.008) | -0.086 (0.004) |
Temp. × 2008 | 0.075 (0.138) | 0.060 (0.126) | ||
Temp. × 2010 | -0.046 (0.198) | 0.101 (0.127) | ||
FJ seek. × 2008 | 0.164 (0.205) | -0.024 (0.162) | ||
FJ seek. × 2010 | -0.104 (0.232) | -0.227 (0.160) | ||
Unem. × 2008 | 0.314 (0.235) | 0.180 (0.189) | ||
Unem. × 2010 | -0.111 (0.269) | 0.125 (0.181) | ||
Hausman test | ||||
Log-lik | -4,393.05 | -32,528.49 | -4,091.06 | -32,526.29 |
Observations | 37,782 | 37,782 | 37,782 | 37,782 |
Coefficients statistically significant at the 10% level are in bold.