Skip to main content

Table 9 Yearly transitions from unemployment to different labour market states, skill group-specific effects of the crisis

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

  U E
Low skilled (ISCED 0-2) 0.0555c -0.0749c
  (0.0204) (0.0153)
Medium skilled (ISCED 3-4) Reference category Reference category
High skilled (ISCED 5) -0.077c 0.0767c
  (0.0139) (0.0124)
Crisis indicator 0.0246 -0.0395c
  (0.0217) (0.0129)
Crisis*Low skilled 0.0320 0.0065
  (0.0315) (0.0199)
Crisis*High skilled 0.0483b -0.0178
  (0.0206) (0.0135)
Other individual covariates included included
Country dummies included included
Year dummies included included
Pseudo-R-squared 0.0864  
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