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Table 19 Yearly transitions from unemployment to different labour market states (detailed employment states), age group-specific effects of the crisis

From: Labour market dynamics and worker heterogeneity during the Great Recession – Evidence from Europe

  U PermE TempE
Age 15-24 -0.099c 0.0288c 0.0703c
  (0.0296) (0.0085) (0.0116)
Age 25-34 -0.0645c 0.0293c 0.0467c
  (0.0182) (0.0065) (0.0078)
Age 35-54 Reference category Reference category Reference category
Age 55-65 0.0204 -0.0659c -0.1138c
  (0.0205) (0.006) (0.0159)
Crisis indicator 0.0404 -0.0202c -0.0102
  (0.0367) (0.006) (0.0151)
Crisis*Age 15-24 0.0051 -0.0060 -0.0124
  (0.0192) (0.0061) (0.011)
Crisis*Age 25-34 0.0153 -0.0040 -0.0070
  (0.0114) (0.0075) (0.0064)
Crisis*Age 55-65 0.0086 -0.0001 -0.0124
  (0.0247) (0.0144) (0.0169)
Other individual covariates included included included
Country dummies included included included
Year dummies included included included
Pseudo-R-squared 0.0845   
Observations 65,872   
  1. EU-SILC, own calculations. No data available for Denmark and the United Kingdom. Multinomial logit model. a/b/c: statistically significant at least at the 10%-/5%-/1%-level. Transitions take place between the following labour market states: Permanent employment (PermE), temporary employment, (TempE) unemployment (U), self-employment (S), education (Ed) and inactivity (I); only estimates for the first three categories are presented. – Robust standard errors clustered at country level in parentheses