Table 5 Descriptive statistics for the estimation sample of wage regression
From: Why do wages become more rigid during a recession than during a boom?
All | Non-unionized worker | Unionized worker | |
|---|---|---|---|
Regular Pay | 3796.26 | 3720.28 | 3898.05 |
(100 yen ≈1 USD/month) | (1769.03) | (2065.88) | (1260.85) |
Bonus | 12131.50 | 11308.87 | 13233.59 |
(100 yen ≈1 USD/year) | (9608.84) | (10826.91) | (7547.51) |
CPI/100 | 1.00 | 1.00 | 1.00 |
(0.02) | (0.02) | (0.02) | |
Output Deflator/100 | 1.00 | 1.00 | 1.00 |
(0.02) | (0.02) | (0.02) | |
Age | 48.37 | 49.49 | 46.87 |
(8.70) | (8.58) | (8.64) | |
Tenure | 22.75 | 22.28 | 23.38 |
(9.23) | (9.37) | (9.01) | |
Number of Children | 1.65 | 1.57 | 1.75 |
(1.01) | (1.04) | (0.96) | |
Firm Size | 312.06 | 236.36 | 413.48 |
(197.52) | (200.80) | (139.01) | |
Male | 0.86 | 0.82 | 0.91 |
(0.35) | (0.38) | (0.28) | |
Married | 0.93 | 0.92 | 0.95 |
(0.25) | (0.27) | (0.22) | |
Non-unionized Worker | 0.57 | 1.00 | 0.00 |
(0.49) | (0.00) | (0.00) | |
Junior High School | 0.08 | 0.10 | 0.06 |
(0.28) | (0.30) | (0.23) | |
High School | 0.54 | 0.46 | 0.64 |
(0.50) | (0.50) | (0.48) | |
Junior College | 0.08 | 0.09 | 0.07 |
(0.28) | (0.29) | (0.25) | |
University | 0.28 | 0.33 | 0.21 |
(0.45) | (0.47) | (0.41) | |
Graduate School | 0.01 | 0.01 | 0.02 |
(0.10) | (0.08) | (0.13) | |
Observations | 1832 | 1049 | 783 |