Table 7 Bivariate probability of permanent layoff: men

Shutdown rate

1.1319

1.1781

1.3252

1.0205

.9667

.7368

(.6124) ^a

(.6890) ^a

(.5541) ^b

(.6317)

(.3721) ^c

(.3935) ^a

Lag of earnings

−.0892

−.1124

−.1181

−.1251

−.1192

−.1179

(.0056) ^c

(.0058) ^c

(.0114) ^c

(.0163) ^c

(.0131) ^c

(.0102) ^c

Age 35–49

−.0488

.0717

.0905

.0880

.0658

(.0067) ^c

(.0127) ^c

(.0127) ^c

(.0181) ^c

(.0151) ^c

(.0110) ^c

Age 50+

.0393

.1765

.2456

.2804

.2712

.2292

(.0196) ^b

(.0237) ^c

(.0293) ^c

(.0432) ^c

(.0366) ^c

(.0299) ^c

Married

−.1877

−.1368

−.1229

−.1112

−.0987

−.1270

(.0058) ^c

(.0069) ^c

(.0078) ^c

(.0075) ^c

(.0095) ^c

(.0098) ^c

Tenure

−.1489

−.1362

−.1316

−.1237

−.1005

−.1320

(.0104) ^c

(.0128) ^c

(.0176) ^c

(.0193) ^c

(.0101) ^c

(.0153) ^c

Tenure squared

.0045

.0039

.0039

.0038

.0028

.0039

(.0004) ^c

(.0005) ^c

(.0006) ^c

(.0007) ^c

(.0003) ^c

(.0005) ^c

Union

.1571

.2080

.2045

.1980

.1548

.1551

(.0247) ^c

(.0357) ^c

(.0440) ^c

(.0552) ^c

(.0536) ^c

(.0693) ^b

Atlantic

.3809

.3096

.2920

.3091

.2318

.3213

(.0391) ^c

(.0268) ^c

(.0257) ^c

(.0340) ^c

(.0431) ^c

(.0249) ^c

Quebec

.1292

.0978

.0748

.0576

–.0432

.0831

(.0322) ^c

(.0216) ^c

(.0153) ^c

(.0210) ^c

(.0215) ^b

(.0180) ^c

Prairie

−.1128

−.0512

−.0246

.0142

−.0050

−.0194

(.0175) ^c

(.0089) ^c

(.0136) ^a

(.0195)

(.0315)

(.0118)

BC

.0600

.0701

.0643

.0238

.0190

.0630

(.0341) ^a

(.0192) ^c

(.0195) ^c

(.0384)

(.0393)

(.0247) ^b

Constant

−.1237

.0308

.0824

.2450

.2227

.1455

(.1161)

(.0823)

(.1102)

(.1658)

(.1542)

(.1158)

Firm active estimates—exclusion restrictions

log RER _jt

−.1108

−.0573

.0657

−.1671

−.1428

−.0523

(.0526) ^b

(.0800)

(.1665)

(.2014)

(.9003)

(.1162)

\(\log \overline {\text {wage bill}}_{ikjt}\)

.4065

.1746

.1184

.1228

.3395

.2850

(.0146) ^c

(.0296) ^c

(.0418) ^c

(.0361) ^c

(.0349) ^c

(.0167) ^c

ρ (correlation)

−.4272

−.4545

−.463

.8875

.9156

−.0583

(.0638) ^c

(.1736) ^c

(.0474) ^c

(.0127) ^c

(.0239) ^c

(.1657)

LR test χ ² (selection)

34.20

5.02

4.99

555.22

111.34

.1234

p value

0

.025

.025

0

0

.7254

Observation-censored

78,090

32,215

26,554

12,415

5864

155,138

Observations

856,229

1,046,321

1,464,844

1,095,370

2,733,141

7,195,905

logL

−385,676.8

−342,000.6

−385,265.8

−217,645.1

−264,097.3

−1,691,035