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Table 8 Average marginal effects from probit regressions on joint data for 2009 and 2010 (with default specification)

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

Quintile thresholds

Fixed at 2009 levels

Fixed at 2008 levels

Year specific

Fixed at 2009 levels

Fixed at 2008 levels

Year specific

Fixed at 2009 levels

Fixed at 2008 levels

Year specific

Fixed at 2009 levels

Fixed at 2008 levels

Year specific

Q2

0.064***

0.051**

0.066***

0.125***

0.108***

0.130***

0.126***

0.109***

0.132***

0.123***

0.107***

0.128***

 

(0.0209)

(0.0216)

(0.0204)

(0.0200)

(0.0227)

(0.0197)

(0.0202)

(0.0231)

(0.0199)

(0.0204)

(0.0229)

(0.0201)

Q3

0.099***

0.093***

0.099***

0.177***

0.164***

0.177***

0.189***

0.177***

0.188***

0.186***

0.174***

0.185***

 

(0.0194)

(0.0192)

(0.0189)

(0.0195)

(0.0210)

(0.0192)

(0.0188)

(0.0205)

(0.0186)

(0.0185)

(0.0199)

(0.0183)

Q4

0.138***

0.133***

0.137***

0.211***

0.200***

0.206***

0.226***

0.214***

0.222***

0.208***

0.198***

0.203***

 

(0.0148)

(0.0145)

(0.0145)

(0.0178)

(0.0186)

(0.0175)

(0.0180)

(0.0189)

(0.0176)

(0.0179)

(0.0183)

(0.0176)

Q5

0.163***

0.156***

0.159***

0.223***

0.211***

0.216***

0.236***

0.226***

0.229***

0.214***

0.204***

0.208***

 

(0.0123)

(0.0123)

(0.0122)

(0.0168)

(0.0187)

(0.0167)

(0.0179)

(0.0200)

(0.0178)

(0.0173)

(0.0191)

(0.0172)

 Base controls

   

X

X

X

X

X

X

X

X

X

 Occupations/industries

      

Occupations

Occupations

Occupations

Industries

Industries

Industries

Tests, p values

 Q2 = Q3

0.001

0.001

0.001

0.001

0.001

0.001

0.001

0.001

0.001

0.001

0.001

0.001

 Q2 = Q4

0.085

0.047

0.094

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

0.001

0.001

 Education dummies = 0

   

0.001

0.001

0.001

0.001

0.001

0.001

0.101

0.099

0.070

 Age dummies = 0

   

0.110

0.130

0.114

0.079

0.093

0.079

0.222

0.243

0.223

 Kids dummies = 0

   

0.003

0.003

0.003

0.005

0.004

0.006

0.001

0.001

0.001

 Occupations = 0

      

0.001

0.001

0.001

   

 Industries = 0

         

0.001

0.001

0.001

Pseudo R 2

0.048

0.047

0.047

0.117

0.114

0.116

0.139

0.137

0.138

0.151

0.148

0.150

Observations

6648

6648

6648

6604

6604

6604

6593

6593

6593

6588

6588

6588

  1. Note: Our results suggest that low-paid jobs were disproportionately affected during the crisis. To limit the possibility that sample selection influences the threshold values during the crisis, we considered three alternative scenarios: fixing the values of the thresholds (in real terms) to the values computed on the 2008 earnings distribution, on the 2009 earnings distributions and year-specific thresholds. The last of these alternatives was explored in response to the observation that many employees experienced nominal pay cuts during the crisis, e.g. Doris et al. (2015). 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