From: Revisiting German labour market reform effects—a panel data analysis for occupational labour markets
Dependent variable: logM | ||||
---|---|---|---|---|
OLS 1 | OLS 2 | OLS 3 | OLS 4 | |
β Us | 0.631*** | 0.635*** | 0.662*** | 0.662*** |
(0.006) | (0.006) | (0.007) | (0.006) | |
β Vs | 0.127*** | 0.123*** | 0.114*** | 0.115*** |
(0.004) | (0.004) | (0.004) | (0.004) | |
Year dummies, effect coded (reference year: 2000): | ||||
d 2001 | −0.121*** | −0.131*** | ||
(0.031) | (0.028) | |||
d 2002 | −0.151*** | −0.157*** | ||
(0.026) | (0.025) | |||
d 2003 | −0.112*** | −0.124*** | ||
(0.018) | (0.020) | |||
d 2004 | −0.085*** | −0.087*** | ||
(0.018) | (0.020) | |||
d 2005 | −0.065*** | −0.059*** | ||
(0.021) | (0.022) | |||
d 2006 | −0.030** | −0.035* | ||
(0.013) | (0.018) | |||
d 2007 | 0.053** | 0.066*** | ||
(0.021) | (0.024) | |||
d 2008 | 0.133*** | 0.148*** | ||
(0.015) | (0.018) | |||
d 2009 | 0.156*** | 0.174*** | ||
(0.017) | (0.017) | |||
d 2010 | 0.169*** | 0.170*** | ||
(0.020) | (0.017) | |||
d 2011 | 0.130*** | 0.137*** | ||
(0.022) | (0.028) | |||
Dummies for occupational categories, effect coded (reference: [0]/[1] AGR) | ||||
[02] EMB | -0.016 | -0.020** | ||
(0.011) | (0.010) | |||
[03] QMB | 0.056*** | 0.054*** | ||
(0.013) | (0.008) | |||
[04] TEC | −0.096*** | −0.093*** | ||
(0.006) | (0.005) | |||
[05] ING | −0.100*** | −0.085*** | ||
(0.016) | (0.010) | |||
[06] EDI | −0.102*** | −0.104*** | ||
(0.009) | (0.007) | |||
[07] QDI | 0.080*** | 0.078*** | ||
(0.008) | (0.007) | |||
[08] SEMI | 0.095*** | 0.093*** | ||
(0.014) | (0.013) | |||
[09] PROF | 0.271*** | 0.281*** | ||
(0.014) | (0.011) | |||
[10] EVB | −0.212*** | −0.212*** | ||
(0.007) | (0.007) | |||
[11] QVB | −0.043*** | −0.043*** | ||
(0.007) | (0.007) | |||
[12] MAN | 0.005 | 0.003 | ||
(0.009) | (0.007) | |||
γ | 1.492** | 1.559*** | 1.504*** | |
(0.582) | (0.269) | (0.264) | ||
a | −5.091*** | −5.233*** | −1.605*** | −1.753*** |
(0.617) | (0.593) | (0.438) | (0.404) | |
Control variables | Yes | Yes | Yes | Yes |
Local area effects | Yes | Yes | Yes | Yes |
Occupational yearly interaction effects | No | No | No | Yes |
Quarter dummies | No | No | Yes | Yes |
Observations | 2,393,683 | 2,393,683 | 2,393,683 | 2,393,683 |
R-squared | 0.711 | 0.712 | 0.730 | 0.731 |