Table 1 Effect of father not working rather than working in lower paid occupation
From: The effects of father’s worklessness on young adults in the UK
Outcome | Average observed (Std. Error) | Average counterfactual (Std. Error) | Difference (Std. Error) |
|---|---|---|---|
Working | 0.55 (0.02) | 0.69 (0.01) | −0.14 (0.02)*** |
Work part-time | 0.37 (0.03) | 0.27 (0.01) | 0.10 (0.03)*** |
Hours/week | 29.55 (0.73) | 32.79 (0.24) | −3.23 (0.68)*** |
Low job satisfaction | 0.18 (0.03) | 0.12 (0.01) | 0.06 (0.03)** |
Fixed-term contract | 0.13 (0.02) | 0.10 (0.01) | 0.03 (0.02) |
Low hourly wage given occupation | 0.56 (.04) | 0.59 (0.01) | −0.03 (0.04) |
Low hourly wage given education | 0.62 (0.04) | 0.60 (0.01) | 0.02 (0.04) |
Logarithm of gross monthly labour market income | 6.79 (0.05) | 6.85 (0.04) | −0.05 (0.04) |
Gross monthly labour market income (calculated) | £891.6 | £941.1 | £49.5 |