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Table 11 Fixed effects estimation results based on data set disaggregated by occupations

From: Revisiting German labour market reform effects—a panel data analysis for occupational labour markets

  Dependent variable: logM
  FE 1 FE 2 FE 3 FE 4 FE 5 FE 6 FE 7 FE 8
β Us 0.867*** 0.896*** 0.929*** 0.930*** 0.925*** 0.936*** 0.838*** 0.948***
  (0.022) (0.021) (0.013) (0.014) (0.045) (0.044) (0.042) (0.041)
β Uf      -0.083* -0.065 0.086** -0.035
      (0.047) (0.045) (0.041) (0.041)
β Vs 0.143*** 0.124*** 0.087*** 0.098*** 0.056*** 0.041*** 0.030*** 0.033***
  (0.015) (0.014) (0.008) (0.008) (0.017) (0.014) (0.007) (0.009)
β Vf      0.112*** 0.108*** 0.072*** 0.084***
      (0.018) (0.019) (0.008) (0.011)
Year dummies, effect coded (reference year: 2000):
d 2001     -0.343***     -0.365***
     (0.045)     (0.044)
d 2002     -0.349***     -0.348***
     (0.036)     (0.035)
d 2003     -0.260***     -0.266***
     (0.027)     (0.029)
d 2004     -0.173***     -0.182***
     (0.025)     (0.026)
d 2005     -0.086**     -0.097**
     (0.038)     (0.039)
d 2006     -0.032*     -0.032
     (0.019)     (0.020)
d 2007     0.144***     0.158***
     (0.042)     (0.041)
d 2008     0.287***     0.306***
     (0.049)     (0.051)
d 2009     0.346***     0.361***
     (0.061)     (0.060)
d 2010     0.405***     0.417***
     (0.026)     (0.028)
d 2011     0.349***     0.368***
     (0.035)     (0.037)
γ   2.123***   1.804   1.956***   1.617
   (0.640)   (1.376)   (0.639)   (1.354)
a -11.549*** -12.287***    -12.761*** -13.268***   
  (1.183) (1.263)    (1.174) (1.241)   
Control variables Yes Yes Yes Yes Yes Yes Yes Yes
Monthly time dummies No No Yes No No No Yes No
Quarter dummies No No No Yes No No No Yes
Observations 42,053 42,053 42,053 42,053 42,053 42,053 42,053 42,053
Number of groups 327 327 327 327 327 327 327 327
Within R-squared 0.552 0.561 0.676 0.611 0.564 0.572 0.681 0.617
  1. Driscoll-Kraay standard errors in parentheses. Columns FE 3 and FE 7 include monthly time fixed effects with effect coding (reference period is January 2000), compare with Fig. 13 in the Appendix. Due to collinearity, specifications FE 3 and FE 7 without GDP cyc,quarter(t) and the constant term a; FE 4 and FE 8 without the constant term. Control variables are the share of female workers, the shares of workers at different skill levels (‘vocational training’ and ‘academic degree’, reference group is ‘without vocational training’) in each NUTS3 region and occupation, and the average age by the population by NUTS3 regions. The estimated coefficients are provided on request
  2. *** p <0.01, ** p <0.05, * p <0.1