Table 7 Effects on the expected values of Yi,t for displaced older and prime-age workers separately for low-, middle- and high-skilled workers
From: Labour market effects of job displacement for prime-age and older workers
Low-educated | Middle-educated | High-educated | |||||||
|---|---|---|---|---|---|---|---|---|---|
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 | − 0.2352∗∗∗ | − 0.1712∗∗∗ | − 0.0640∗∗∗ | − 0.2819∗∗∗ | − 0.2297∗∗∗ | − 0.0522∗∗∗ | − 0.3077∗∗∗ | − 0.2391∗∗∗ | − 0.0686∗∗∗ |
(0.0066) | (0.0056) | (0.0086) | (0.0016) | (0.0012) | (0.0020) | (0.0033) | (0.0016) | (0.0037) | |
Year 2 | − 0.1633∗∗∗ | − 0.0952∗∗∗ | − 0.0681∗∗∗ | − 0.1732∗∗∗ | − 0.1174∗∗∗ | − 0.0558∗∗∗ | − 0.2006∗∗∗ | − 0.1437∗∗∗ | − 0.0569∗∗∗ |
(0.0066) | (0.0056) | (0.0087) | (0.0016) | (0.0012) | (0.0020) | (0.0034) | (0.0016) | (0.0037) | |
Year 3 | − 0.1080∗∗∗ | − 0.0665∗∗∗ | − 0.0415∗∗∗ | − 0.1436∗∗∗ | − 0.0979∗∗∗ | − 0.0457∗∗∗ | − 0.1504∗∗∗ | − 0.1066∗∗∗ | − 0.0438∗∗∗ |
(0.0074) | (0.0062) | (0.0097) | (0.0018) | (0.0013) | (0.0023) | (0.0038) | (0.0019) | (0.0042) | |
Year 4 | − 0.0655∗∗∗ | − 0.0740∗∗∗ | 0.0085 | − 0.1119∗∗∗ | − 0.0772∗∗∗ | − 0.0346∗∗∗ | − 0.1180∗∗∗ | − 0.0740∗∗∗ | − 0.0440∗∗∗ |
(0.0084) | (0.0072) | (0.0111) | (0.0021) | (0.0015) | (0.0026) | (0.0043) | (0.0022) | (0.0048) | |
Year 5 | − 0.0498∗∗∗ | − 0.0711∗∗∗ | 0.0214* | − 0.0722∗∗∗ | − 0.0595∗∗∗ | − 0.0127∗∗∗ | − 0.0951∗∗∗ | − 0.0570∗∗∗ | − 0.0381∗∗∗ |
(0.0087) | (0.0075) | (0.0115) | (0.0022) | (0.0016) | (0.0027) | (0.0045) | (0.0024) | (0.0051) | |
Year 6 | − 0.0053 | − 0.0677∗∗∗ | 0.0624 ∗∗∗ | − 0.0511∗∗∗ | − 0.0377∗∗∗ | − 0.0134∗∗∗ | − 0.1275∗∗∗ | − 0.0332∗∗∗ | − 0.0942∗∗∗ |
(0.0105) | (0.0088) | (0.0137) | (0.0027) | (0.0019) | (0.0033) | (0.0054) | (0.0030) | (0.0062) | |
N | 195,380 | 195,380 | 195,380 | 3,290,377 | 3,290,377 | 3,290,377 | 1,172,047 | 1,172,047 | 1,172,047 |
Panel B: wages | |||||||||
Year 1 | − 0.0501∗∗∗ | − 0.0345∗∗∗ | − 0.0156∗∗∗ | − 0.0514∗∗∗ | − 0.0382∗∗∗ | − 0.0131∗∗∗ | − 0.0840∗∗∗ | − 0.0555∗∗∗ | − 0.0284∗∗∗ |
(0.0043) | (0.0037) | (0.0056) | (0.0011) | (0.0008) | (0.0013) | (0.0025) | (0.0012) | (0.0028) | |
Year 2 | − 0.0319∗∗∗ | − 0.0281∗∗∗ | − 0.0038 | − 0.0453∗∗∗ | − 0.0283∗∗∗ | − 0.0170∗∗∗ | − 0.0875∗∗∗ | − 0.0533∗∗∗ | − 0.0343∗∗∗ |
(0.0044) | (0.0037) | (0.0057) | (0.0011) | (0.0008) | (0.0013) | (0.0025) | (0.0012) | (0.0028) | |
Year 3 | − 0.0309∗∗∗ | − 0.0454∗∗∗ | 0.0145** | − 0.0436∗∗∗ | − 0.0206∗∗∗ | − 0.0230∗∗∗ | − 0.0619∗∗∗ | − 0.0461∗∗∗ | − 0.0158∗∗∗ |
(0.0050) | (0.0042) | (0.0065) | (0.0012) | (0.0009) | (0.0015) | (0.0028) | (0.0014) | (0.0032) | |
Year 4 | − 0.0189∗∗∗ | − 0.0365∗∗∗ | 0.0177** | − 0.0416∗∗∗ | − 0.0221∗∗∗ | − 0.0194∗∗∗ | − 0.0504∗∗∗ | − 0.0428∗∗∗ | − 0.0076** |
(0.0057) | (0.0050) | (0.0075) | (0.0014) | (0.0010) | (0.0017) | (0.0033) | (0.0017) | (0.0037) | |
Year 5 | − 0.0160∗∗∗ | − 0.0439∗∗∗ | 0.0280 ∗∗∗ | − 0.0344∗∗∗ | − 0.0279∗∗∗ | − 0.0065∗∗∗ | − 0.0343∗∗∗ | − 0.0435∗∗∗ | 0.0092** |
(0.0059) | (0.0052) | (0.0078) | (0.0015) | (0.0011) | (0.0018) | (0.0035) | (0.0018) | (0.0039) | |
Year 6 | 0.0057 | − 0.0402∗∗∗ | 0.0460 ∗∗∗ | − 0.0348∗∗∗ | − 0.0301∗∗∗ | − 0.0047** | − 0.0410∗∗∗ | − 0.0437∗∗∗ | 0.0028 |
(0.0075) | (0.0061) | (0.0097) | (0.0019) | (0.0013) | (0.0023) | (0.0043) | (0.0023) | (0.0048) | |
N | 157,427 | 157,427 | 157,427 | 2,882,009 | 2,882,009 | 2,882,009 | 1,060,580 | 1,060,580 | 1,060,580 |