Scars of early non-employment for low educated youth: evidence and policy lessons from Belgium

IZA Journal of European Labor Studies

Table 6 Descriptive statistics of outcomes measured at potential experience 6

Variable	Obs	Mean	Std. Dev.	Min	Max	Label
Continuous outcomes in level
Earnings	1902	19277.29	10978.69	1	47551	Yearly gross earnings from salaried empl.+1
Hours worked	1902	1390.923	725.0779	1	2265	Yearly hours worked in salaried empl.+1
Continuous outcomes in log
Log earnings	1902	8.42	3.59	0	10.77	Log (yearly gross earnings from salaried empl.+1)
Log hours worked	1902	6.20	2.67	0	7.73	Log (yearly hours worked in salaried empl.+1)
Binary outcomes
Self-empl.	1902	0.12	0.33	0	1	1 if only pos. earnings from salaried (& not self-empl)
Salaried empl.	1902	0.84	0.37	0	1	1 if registered as self-empl.
Overall empl.	1902	0.96	0.20	0	1	1 if pos.earnings from salaried or registered as self-empl.
Endogenous regressor
Early non-empl.	1902	30.60	29.65	0	100	% hours not worked relative to FT salaried empl.

The statistics are reported for the sample of interest, i.e. the low educated graduating in the period 1994–2002. The employment indicators are related as follows: s a l a r i e d e m p l o y m e n t+s e l f- e m p l o y m e n t=o v e r a l l e m p l o y m e n t. For continuous outcomes we add value one before taking the log, so that non-salaried employed at the moment of evaluation are included with outcomes equal to zero after the logarithmic transformation