Skip to main content

Table 7 Average marginal effects from probit regressions, combinations of boom years (with default specification)

From: Job loss by wage level: lessons from the Great Recession in Ireland

Year 2004–2007 2004–2006 2005–2007 2004–2007 2004–2006 2005–2007 2004–2007 2004–2006 2005–2007 2005–2007
Q2 0.070*** 0.074*** 0.060*** 0.076*** 0.072*** 0.072*** 0.077*** 0.073*** 0.072*** 0.074***
  (0.0087) (0.0096) (0.0106) (0.0101) (0.0113) (0.0121) (0.0101) (0.0113) (0.0121) (0.0120)
Q3 0.098*** 0.107*** 0.095*** 0.102*** 0.102*** 0.104*** 0.103*** 0.103*** 0.105*** 0.110***
  (0.0079) (0.0079) (0.00944) (0.0106) (0.0104) (0.0125) (0.0106) (0.0104) (0.0124) (0.0119)
Q4 0.118*** 0.122*** 0.120*** 0.122*** 0.115*** 0.130*** 0.123*** 0.116*** 0.131*** 0.132***
  (0.0066) (0.0073) (0.00706) (0.0089) (0.0100) (0.00952) (0.0091) (0.0100) (0.00979) (0.0096)
Q5 0.129*** 0.129*** 0.124*** 0.129*** 0.120*** 0.128*** 0.129*** 0.121*** 0.128*** 0.130***
  (0.0056) (0.0065) (0.00647) (0.0087) (0.0098) (0.0103) (0.0089) (0.0099) (0.0107) (0.0101)
 Base controls     X X X X X X X
 Occupations        X X X  
 Industries           X
Tests, p values
 Q2 = Q3 0.001 0.001 0.001 0.002 0.001 0.001 0.002 0.001 0.001 0.001
 Q2 = Q4 0.001 0.001 0.001 0.001 0.001 0.001 0.001 0.001 0.001 0.001
 Q2 = Q5 0.001 0.001 0.001 0.001 0.001 0.001 0.001 0.001 0.001 0.001
 Education dummies = 0     0.845 0.983 0.803 0.704 0.988 0.791 0.244
 Age dummies = 0     0.001 0.001 0.001 0.001 0.001 0.001 0.001
 Kids dummies = 0     0.001 0.001 0.001 0.001 0.001 0.001 0.001
 Occupations = 0        0.172 0.134 0.283  
 Industries = 0           0.008
Pseudo R 2 0.057 0.059 0.061 0.131 0.136 0.140 0.133 0.139 0.141 0.147
Observations 16,963 13,020 12,688 16,736 12,841 12,521 16,730 12,836 12,508 12,495
  1. Note: quintile thresholds are year specific, i.e. computed for the wages of the population of each year. Information on industries is not available in 2004. Top of the table: std errors in parentheses; ***p < 0.01, **p < 0.05, *p < 0.1. Base controls: female dummy; share of time worked part-time in the last 12 months; education and age dummies; permanent contract dummy; reported years of work experience; poor health status dummy; partner dummy for women and for men; and number of children aged 0–1, aged 1–5 and aged 6 and over. See text and Section 6.1 in the Appendix for more details on the construction of variables. Tests on coefficients: p values reported; p values in italics indicate that the test cannot be rejected at the 10 % significance level; small p values were rounded up to 0.001