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Table 2 Summary of the effects

From: Getting stable: an evaluation of the incentives for permanent contracts in Italy

 

All eligibles

Men < 30

Women < 30

Women ≥ 30

Counterfactual conversion rate from fixed-term to permanent during period III

0.0157

0.0175

0.0167

0.0145

Policy effect in period III

0.0130

0.0162

0.0107

0.0124

Counterfactual number of conversions during period III

1,395

402

307

684

Policy effect in number of conversions during period III

1,156

372

197

589

Policy effect/counterfactual rate

83%

92%

64%

86%

% full time on total conversions in period III

62%

84%

56%

50%

Average incentive (euro)

9,693

11,047

9,345

9,007

Full cost per increased conversion (euro)

21,392

23,008

23,889

19,472

  1. Note: the number of conversions is calculated as the estimated probability times the number of fixed-term contracts active in Period III. The second column does not precisely sum up the following three because the estimate of the effect comes from the aggregate model (Table 1, col. (1)). The average cost of a conversion is calculated assuming that all part-time are at half time.