From: More alike than different: the Spanish and Irish labour markets before and after the crisis
 Dependent variable:w t  Spain, 1967-2009: |  | Ireland, 1974-2009: |  |
---|---|---|---|
 | coefficient |  | coefficient |
cnt. | 0.67 [0.019] | cnt. | 1.97 [0.000] |
w t−1 | 0.76 [0.000] | w t−1 | 0.65 [0.000] |
Δ w t−1 | 0.29 [0.020] | Δ w t−2 | -0.42 [0.000] |
u t | -0.42 [0.000] | u t | -0.21 [0.010] |
p r t | 0.16 [0.006] | p r t | 0.15 [0.003] |
b t | 0.97 [0.003] | b t | 0.57 [0.030] |
| -0.03 [0.001] |
| -0.02 [0.070] |
| 0.996 | Â | 0.990 |
s.e. | 0.013 | Â | 0.017 |
LL | 130.31 | Â | 100.41 |