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 |