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

Table 9 Effects on the expected values of log(wages) for displaced older and prime-age workers and the difference between them

	Treatment effect old (45–54)	Treatment effect prime-age (35–44)	Difference between old and prime-age
Year 1	− 0.0740^∗∗∗	− 0.0599^∗∗∗	− 0.0141^∗∗∗
	(0.0010)	(0.0007)	(0.0012)
Year 2	− 0.0676^∗∗∗	− 0.0497^∗∗∗	− 0.0180^∗∗∗
	(0.0010)	(0.0007)	(0.0012)
Year 3	− 0.0618^∗∗∗	− 0.0409^∗∗∗	− 0.0209^∗∗∗
	(0.0012)	(0.0008)	(0.0014)
Year 4	− 0.0548^∗∗∗	− 0.0392^∗∗∗	− 0.0156^∗∗∗
	(0.0013)	(0.0009)	(0.0016)
Year 5	− 0.0459^∗∗∗	− 0.0418^∗∗∗	− 0.0042**
	(0.0014)	(0.0010)	(0.0017)
Year 6	− 0.0432^∗∗∗	− 0.0409^∗∗∗	− 0.0022
	(0.0017)	(0.0012)	(0.0021)
N	4,100,016	4,100,016	4,100,016

Notes: Calculations on the basis of fixed effects estimates of Eq. 1. Significance levels: *10%, **5% and ***1%. Source: Own calculations using registration data from Statistics Netherlands on displaced workers