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Table 3 Robustness check I: comparing more similar firms

From: Absenteeism, unemployment and employment protection legislation: evidence from Italy

  (1) (2) (3)
  Size: ≤35 Size: ≤50 Size: ≤250
Unemployment rate -0.027*** -0.029*** -0.033***
  (0.007) (0.007) (0.006)
Small firm (≤15) -0.168*** -0.209*** -0.398***
  (0.052) (0.051) (0.054)
Small frm* Unemployment rate -0.012** -0.013*** -0.012**
  (0.005) (0.004) (0.005)
Lag ln(Wage) -0.782*** -0.759*** -0.775***
  (0.106) (0.102) (0.098)
Female -0.166*** -0.126** -0.004
  (0.058) (0.058) (0.051)
Age -0.078*** -0.072*** -0.084***
  (0.016) (0.014) (0.014)
Age squared 0.001*** 0.001*** 0.002***
  (0.000) (0.000) (0.000)
Blue-Collar 0.543*** 0.575*** 0.625***
  (0.057) (0.058) (0.056)
Tenure 0.085*** 0.091*** 0.110***
  (0.013) (0.013) (0.013)
Tenure squared -0.006*** -0.007*** -0.007***
  (0.001) (0.001) (0.001)
Actual experience -0.024*** -0.028*** -0.024***
  (0.006) (0.006) (0.006)
Constant 5.504*** 5.285*** 5.597***
  (0.571) (0.556) (0.578)
Observations 239,012 270,747 377,265
  1. Notes: WHIP dataset. OLS estimates are reported. Model 1: only firms below 35 employees; Model 2: only firms below 50 employees; Model 3: only firms below 250 employees. Further controls are the same used in Table 2. Standard errors are allowed for within provincial correlation. The symbols ***, **, * indicate that coefficients are statistically significant, respectively, at the 1, 5, and 10 percent level.