Skip to main content

Table 5 Yearly transitions from employment to different labour market states, skill group-specificeffects of the crisis

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

  E U
Low skilled (ISCED 0-2) -0.0174c 0.0097c
  (0.0026) (0.0016)
Medium skilled (ISCED 3-4) Reference category Reference category
High skilled (ISCED 5) 0.0106c -0.0047c
  (0.0023) (0.001)
Crisis indicator -0.0113c 0.0118c
  (0.0027) (0.0014)
Crisis*Low skilled 0,0017 0,0010
  (0.0027) (0.0034)
Crisis*High skilled -0,0023 0,0015
  (0.0024) (0.002)
Other individualcovariates included included
Occupation dummies included included
Country dummies included included
Pseudo-R-squared 0,1095  
Observations 578,331  
  1. EU-SILC, own calculations. Multinominal 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); only the first two are presented. – Robust standard errors clustered at country level in parentheses