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Table 4 Effects on the expected values of Yi,t for older and prime-age displaced workers displaced with different characteristics (W) and the difference between them

From: Labour market effects of job displacement for prime-age and older workers

 

Longer tenure

Declining local labour market

Sector change

 

Older age (45–54)

Prime age (35–44)

Difference

Older age (45–54)

Prime age (35–44)

Difference

Older age (45–54)

Prime age (35-44)

Difference

Panel A: employment

 

Year 1

− 0.0903

− 0.0460

− 0.0443

− 0.0849

− 0.0197

− 0.0653

 
 

(0.0108)

(0.0091)

(0.0141)

(0.0104)

(0.0072)

(0.0125)

 

Year 2

− 0.0452

0.0159*

− 0.0611

− 0.0519

− 0.0035

− 0.0484

 
 

(0.0117)

(0.0090)

(0.0148)

(0.0111)

(0.0073)

(0.0131)

 

Year 3

− 0.0292**

0.0333

− 0.0625

− 0.0414

− 0.0025

− 0.0389

 
 

(0.0131)

(0.0100)

(0.0165)

(0.0126)

(0.0081)

(0.0148)

 

Year 4

− 0.0127

0.0312

− 0.0439**

− 0.0182

0.0165*

− 0.0347**

 
 

(0.0148)

(0.0112)

(0.0186)

(0.0143)

(0.0091)

(0.0168)

 

Year 5

− 0.0050

0.0259**

− 0.0310

0.0072

0.0363

− 0.0291

 
 

(0.0159)

(0.0124)

(0.0201)

(0.0152)

(0.0098)

(0.0180)

 

Year 6

− 0.0060

0.0287*

− 0.0347

− 0.0061

0.0414

− 0.0475**

 
 

(0.0212)

(0.0155)

(0.0263)

(0.0193)

(0.0119)

(0.0226)

 

N

4,657,804

4,657,804

4,657,804

4,570,243

4,570,243

4,570,243

 

Panel B: relative wages

 

Year 1

− 0.0442***

− 0.0461

0.0019

− 0.0145**

− 0.0152

0.0007

− 0.0416

− 0.0218

− 0.0198

 

(0.0063)

(0.0054)

(0.0083)

(0.0069)

(0.0051)

(0.0085)

(0.0061)

(0.0041)

(0.0073)

Year 2

− 0.0488

− 0.0617

0.0129

− 0.0297

− 0.0277

− 0.0020

− 0.0612

− 0.0302

− 0.0310

 

(0.0071)

(0.0061)

(0.0093)

(0.0078)

(0.0057)

(0.0096)

(0.0066)

(0.0044)

(0.0079)

Year 3

− 0.0621

− 0.0644

0.0023

− 0.0262

− 0.0279

0.0017

− 0.0514

− 0.0284

− 0.0231**

 

(0.0082)

(0.0069)

(0.0107)

(0.0092)

(0.0065)

(0.0112)

(0.0075)

(0.0052)

(0.0091)

Year 4

− 0.0539

− 0.0587

0.0048

− 0.0224**

− 0.0269

0.0045

− 0.0555

− 0.0309

− 0.0246**

 

(0.0092)

(0.0081)

(0.0122)

(0.0102)

(0.0074)

(0.0125)

(0.0084)

(0.0061)

(0.0104)

Year 5

− 0.0595

− 0.0666

0.0070

− 0.0224**

− 0.0302

0.0078

− 0.0459

− 0.0304

− 0.0155

 

(0.0103)

(0.0087)

(0.0135)

(0.0112)

(0.0081)

(0.0137)

(0.0097)

(0.0070)

(0.0120)

Year 6

− 0.0663

− 0.0618

− 0.0045

− 0.0201

− 0.0332

0.0132

− 0.0523

− 0.0335

− 0.0188

 

(0.0129)

(0.0116)

(0.0173)

(0.0140)

(0.0100)

(0.0171)

(0.0124)

(0.0092)

(0.0154)

N

4,100,016

4,100,016

4,100,016

4,021,619

4,021,619

4,021,619

3,862,523

3,862,523

3,862,523

  1. Notes: Calculations on the basis of fixed effects estimates of the expanded version of Eq. 1. Calculations for employment, wages and additional variables are based on separate regressions. Full results are presented in the Appendix. Significance levels: *10%, ** 5%, and ***1%. Source: Own calculations using registration data from Statistics Netherlands on displaced workers