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Table 8 Robustness check VII: proxy for unemployment rate

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

 

(1)

(2)

Proxy unemployment rate

-0.016***

-0.017***

 

(0.003)

(0.003)

Small firm (≤15)

-0.403***

-0.446***

 

(0.102)

(0.126)

Small firm* Proxy unemployment rate

-0.006**

-0.006**

 

(0.002)

(0.003)

Lag ln(Wage)

 

-0.938***

  

(0.089)

Female

0.250***

0.096*

 

(0.050)

(0.053)

Age

-0.099***

-0.094***

 

(0.014)

(0.013)

Age squared

0.002***

0.002***

 

(0.000)

(0.000)

Blue-Collar

0.721***

0.545***

 

(0.081)

(0.060)

Tenure

0.148***

0.122***

 

(0.010)

(0.011)

Tenure squared

-0.010***

-0.008***

 

(0.001)

(0.001)

Actual experience

-0.012**

-0.014**

 

(0.006)

(0.006)

Constant

3.336***

6.941***

 

(0.327)

(0.526)

Observations

574,074

483,531

  1. Notes: WHIP dataset. OLS estimates are reported. Proxy Unemployment has been obtained by subtracting from 1 the employment rate at provincial level. 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.