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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