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

IZA Journal of European Labor Studies

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

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

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