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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