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Table 8 Yearly transitions from unemployment to different labour market states, age group effects of the crisis

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

  U E
Age 15-24 -0.1039c 0.1099c
  (0.028) (0.0154)
Age 25-34 -0.0683c 0.0829c
  (0.0174) (0.0112)
Age 35-54 Reference category Reference category
Age 55-65 0.0227 -0.1872c
  (0.0218) (0.0225)
Crisis indicator 0.0390 -0.031a
  (0.0326) (0.0174)
Crisis*Age 15-24 0.0005 -0.0193
  (0.0191) (0.0127)
Crisis*Age 25-34 0.0175 -0.0163b
  (0.0116) (0.0071)
Crisis*Age 55-65 0.0091 -0.0049
  (0.0215) (0.019)
Other individual covariates included included
Country dummies included included
Year dummies included included
Pseudo-R-squared 0.0862  
Observations 69,281  
  1. EU-SILC, own calculations. 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: employment (E), 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