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 | |
β Us | 0.543*** | 0.554*** | 0.565*** | 0.583*** |
(0.016) | (0.016) | (0.013) | (0.013) | |
β Uf | 0.044*** | 0.047*** | 0.071*** | 0.049*** |
(0.014) | (0.014) | (0.009) | (0.011) | |
β Vs | 0.036*** | 0.029*** | 0.020*** | 0.022*** |
(0.005) | (0.004) | (0.003) | (0.003) | |
β Vf | 0.044*** | 0.044*** | 0.031*** | 0.035*** |
(0.007) | (0.007) | (0.004) | (0.004) | |
Year dummies, effect coded (reference year: 2000): | ||||
d 2001 | −0.116*** | |||
(0.030) | ||||
d 2002 | −0.141*** | |||
(0.026) | ||||
d 2003 | −0.115*** | |||
(0.017) | ||||
d 2004 | −0.109*** | |||
(0.019) | ||||
d 2005 | −0.074*** | |||
(0.022) | ||||
d 2006 | −0.023 | |||
(0.015) | ||||
d 2007 | 0.068*** | |||
(0.020) | ||||
d 2008 | 0.136*** | |||
(0.015) | ||||
d 2009 | 0.140*** | |||
(0.017) | ||||
d 2010 | 0.168*** | |||
(0.020) | ||||
d 2011 | 0.142*** | |||
(0.020) | ||||
γ | 1.712*** | 1.400*** | 1.433*** | |
(0.543) | (0.271) | (0.270) | ||
a | −4.449*** | −4.694*** | −0.829** | −0.812* |
(0.609) | (0.590) | (0.399) | (0.412) | |
Control variables | Yes | Yes | Yes | Yes |
Monthly time dummies | No | No | Yes | No |
Quarter dummies | No | No | No | Yes |
Observations | 2,393,683 | 2,393,683 | 2,393,683 | 2,393,683 |
Number of groups | 55,316 | 55,316 | 55,316 | 55,316 |
Within R-squared | 0.241 | 0.245 | 0.309 | 0.279 |