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Table 5 Decomposition results for changes in transition rates

From: Changes in labour market transitions in Ireland over the Great Recession: what role for policy?

 

Employment to unemployment

Unemployment to employment

Overall difference

0.0311

−0.0921

Endowment effect

−0.0103

0.0277

Coefficient effect:

0.0325

−0.1052

Of which:

  

Observables

0.0105

0.0358

Constant

0.0220

−0.1410

Interaction effect

0.0089

−0.0146

  1. Note: The decomposition is one for binary dependent variables proposed by Yun (2004). The analysis uses pooled data for 2006 and 2011 and 2006 is the base year in both decompositions.