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Table 21 Yearly transitions from employment to different labour market states, country cluster-specific effects of the crisis

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

Country cluster EE ES EU EEd EI
GDP growth 0.00118c -0.00014 -0.00081c -0.00002b -0.00021
  (0.00026) (0.00013) (0.00017) (0.00001) (0.00021)
Anglo-Saxon Reference Reference Reference Reference Reference
Scandinavian -0.0191a -0.0035c 0.0170a -0.0021c -0.0035
  (0.0112) (0.0012) (0.0088) (0.0003) (0.0022)
Continental -0.0143a -0.0049b 0.0247c -0.0007c -0.0049b
  (0.0074) (0.0021) (0.0086) (0.0002) (0.0021)
Mediterranean -0.0441c 0.0106c 0.0340b -0.0007c 0.0002
  (0.0097) (0.0023) (0.0133) (0.0002) (0.0022)
CEE -0.0536c 0.0061b 0.0419c -0.0008c 0.0064a
  (0.0096) (0.0025) (0.0084) (0.0001) (0.0037)
Crisis*Anglo-Saxon -0.0231c 0.0012a 0.0180c -0.0001 0.0040c
  (0.0034) (0.0007) (0.0034) (0.0001) (0.0009)
Crisis*Scandinavian -0.0016 -0.0009 0.0085c -0.0002 -0.0058c
  (0.0045) (0.0020) (0.0025) (0.0001) (0.0019)
Crisis*Continental -0.0046 0.0003 0.0064c -0.0001 -0.0020c
  (0.0029) (0.0014) (0.0012) (0.0001) (0.0008)
Crisis*Mediterranean -0.0051 -0.0024c 0.0090 0.0001 -0.0015
  (0.0043) (0.0008) (0.0058) (0.0001) (0.0013)
Crisis*CEE -0.0067 0.0015 0.0082c -0.0004c -0.0026
  (0.0055) (0.0026) (0.0030) (0.0001) (0.0017)
Individual covariates included included included Included included
Year dummies included included included included included
Pseudo-R-squared 0.1003     
Observations 578,331     
  1. EU-SILC, own calculations. Multinomial logit model. a/b/c: statistically significant at least at the 10%-/5%-/1%-level. – The model includes transitions between the following labour market states: employment (E) (i.e. persons remaining in employment), unemployment (U), self-employment (S), education (Ed) and inactivity (I). – Robust standard errors clustered at the country level in parentheses