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Table 12 Predicted values for the augmented matching efficiency A (and logA) based on the estimates from specifications with and without the business cycle variable (BC)

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

  Specification
Years With BC variable Without BC variable
  FE 3 in Table 3 FE 2 in Table 9 in the Appendix
  \(\widehat {A}\) \({\log \widehat {A}}\) \(\widehat {A}\) \({\log \widehat {A}}\)
2000 0.409718215 -0.892285645 0.411119014 -0.888872564
2001 0.391941965 -0.936641514 0.393890768 -0.931681633
2002 0.374092937 -0.983251035 0.376081556 -0.977949262
2003 0.378048003 -0.972734094 0.380084157 -0.967362583
2004 0.382968634 -0.95980221 0.38472423 -0.955228508
2005 0.390673935 -0.93988198 0.39214623 -0.93612045
2006 0.4240987 -0.85778904 0.425949901 -0.853433549
2007 0.479338318 -0.735348642 0.481756747 -0.730315983
2008 0.515441298 -0.662731826 0.518508852 -0.656798184
2009 0.473781496 -0.747009039 0.47628665 -0.741735399
2010 0.512100458 -0.669234455 0.514599204 -0.664366901
2011 0.517209411 -0.65930742 0.519226968 -0.655414164
  1. Source: Statistics of the Federal Employment Agency, own computations