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 | 0.441*** | 0.443*** | 0.478*** | 0.479*** |
(0.014) | (0.014) | (0.012) | (0.012) | |
β Uf | 0.192*** | 0.194*** | 0.182*** | 0.180*** |
(0.012) | (0.012) | (0.010) | (0.010) | |
β Vs | 0.043*** | 0.039*** | 0.043*** | 0.043*** |
(0.005) | (0.004) | (0.003) | (0.003) | |
β Vf | 0.094*** | 0.093*** | 0.082*** | 0.083*** |
(0.008) | (0.007) | (0.006) | (0.005) | |
Year dummies, effect coded (reference year: 2000): | ||||
d 2001 | -0.114*** | -0.122*** | ||
(0.029) | (0.027) | |||
d 2002 | -0.122*** | -0.129*** | ||
(0.025) | (0.024) | |||
d 2003 | -0.086*** | -0.099*** | ||
(0.018) | (0.021) | |||
d 2004 | -0.078*** | -0.080*** | ||
(0.020) | (0.022) | |||
d 2005 | -0.036 | -0.035 | ||
(0.023) | (0.022) | |||
d 2006 | -0.004 | -0.012 | ||
(0.015) | (0.016) | |||
d 2007 | 0.057*** | 0.068*** | ||
(0.019) | (0.022) | |||
d 2008 | 0.103*** | 0.117*** | ||
(0.016) | (0.019) | |||
d 2009 | 0.123*** | 0.139*** | ||
(0.018) | (0.018) | |||
d 2010 | 0.130*** | 0.134*** | ||
(0.019) | (0.018) | |||
d 2011 | 0.096*** | 0.106*** | ||
(0.022) | (0.027) | |||
Dummies for occupational categories, effect coded (reference: [0]/[1] AGR) | ||||
[02] EMB | -0.020** | -0.024** | ||
(0.010) | (0.010) | |||
[03] QMB | 0.028** | 0.026*** | ||
(0.011) | (0.007) | |||
[04] TEC | -0.070*** | -0.069*** | ||
(0.007) | (0.006) | |||
[05] ING | -0.091*** | -0.078*** | ||
(0.014) | (0.008) | |||
[06] EDI | -0.097*** | -0.100*** | ||
(0.008) | (0.007) | |||
[07] QDI | 0.063*** | 0.061*** | ||
(0.007) | (0.007) | |||
[08] SEMI | 0.080*** | 0.078*** | ||
(0.012) | (0.011) | |||
[09] PROF | 0.237*** | 0.246*** | ||
(0.014) | (0.011) | |||
[10] EVB | -0.182*** | -0.181*** | ||
(0.008) | (0.008) | |||
[11] QVB | -0.031*** | -0.032*** | ||
(0.008) | (0.008) | |||
[12] MAN | 0.015* | 0.013* | ||
(0.008) | (0.007) | |||
γ | 1.597*** | 1.610*** | 1.555*** | |
(0.524) | (0.278) | (0.271) | ||
a | -3.960*** | -4.102*** | -1.137** | -1.275*** |
(0.595) | (0.570) | (0.436) | (0.394) | |
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 | 0.725 | 0.726 | 0.741 | 0.742 |