Table 11
Regression estimates of log wage changes and log hour
changes with transitions (2008 to 2011)
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Log hourly-wage change | Log weekly-wage change | Log usual-hours- per-week change | ||||
---|---|---|---|---|---|---|
Column 1 | Column 2 | Column 3 | Column 4 | Column 5 | Column 6 | |
cofficient | standard error | cofficient | standard error | cofficient | standard error | |
Variables | ||||||
Female | 0.052 | 0.015 Note *** | 0.074 | 0.022 Note *** | 0.021 | 0.018 |
Age/10 | -0.052 | 0.034 | -0.065 | 0.058 | -0.013 | 0.045 |
Age squared/100 | 0.007 | 0.004 | 0.009 | 0.007 | 0.002 | 0.006 |
Education attainment (reference: less than high school) |
||||||
High school | -0.002 | 0.019 | -0.014 | 0.032 | -0.012 | 0.026 |
Postsecondary | -0.006 | 0.018 | -0.01 | 0.029 | -0.004 | 0.024 |
University degree | -0.027 | 0.025 | -0.023 | 0.037 | 0.003 | 0.031 |
Job tenure (reference: 24 months or less) |
||||||
25 months to 60 months | -0.021 | 0.024 | -0.053 | 0.038 | -0.032 | 0.032 |
61 months to 120 months | 0.027 | 0.023 | -0.062 | 0.039 | -0.089 | 0.034 Note *** |
121 months to 240 months | -0.007 | 0.029 | -0.065 | 0.039 Note ** | -0.058 | 0.029 Note * |
241 months or more | -0.058 | 0.034 Note ** | -0.132 | 0.044 Note *** | -0.075 | 0.032 Note * |
Expected to be recalled at layoff | 0.026 | 0.023 | -0.018 | 0.036 | -0.044 | 0.029 |
Tenure group × expected to be recalled |
||||||
25 months to 60 months | 0.025 | 0.035 | 0.058 | 0.054 | 0.033 | 0.044 |
61 months to 120 months | -0.026 | 0.039 | 0.022 | 0.058 | 0.048 | 0.045 |
121 months to 240 months | -0.023 | 0.041 | 0.011 | 0.057 | 0.034 | 0.043 |
241 months or more | -0.006 | 0.048 | 0.061 | 0.059 | 0.067 | 0.043 |
Contract work before displacement | 0.01 | 0.022 | 0.008 | 0.034 | -0.002 | 0.027 |
Union status transitions | ||||||
Unionized to unionized | 0.004 | 0.016 | 0.011 | 0.024 | 0.007 | 0.019 |
Unionized to non-unionized | -0.13 | 0.034 Note *** | -0.109 | 0.054 Note * | 0.021 | 0.048 |
Non-unionized to unionized | 0.091 | 0.030 Note *** | 0.097 | 0.046 Note * | 0.007 | 0.035 |
Firm size transitions | ||||||
100 or more to 100 or more employees |
0.005 | 0.016 | 0.033 | 0.027 | 0.028 | 0.021 |
100 or more to fewer than 100 employees |
-0.086 | 0.023 Note *** | -0.09 | 0.038 Note * | -0.004 | 0.030 |
Fewer than 100 to 100 or more employees |
0.075 | 0.025 Note *** | 0.153 | 0.042 Note *** | 0.078 | 0.035 Note * |
Industry and occupation transitions | ||||||
Industry stayers and occupation changers |
0.012 | 0.033 | -0.026 | 0.060 | -0.037 | 0.044 |
Industry changers and occupation stayers |
0 | 0.023 | 0 | 0.041 | 0.001 | 0.032 |
Industry and occupation changers | -0.035 | 0.033 | -0.072 | 0.052 | -0.036 | 0.043 |
Constant | 0.049 | 0.067 | 0.058 | 0.113 | 0.008 | 0.087 |
p<0.05 | ||||||
p<0.10 | ||||||
p<0.01 | ||||||
Note(s): The estimating equation regresses the log hourly-wage changes (Column 1), log weekly-wage changes (Column 3), and log usual-work-hours-per-week changes (Column 5) before and after displacement on workers' demographics, education attainment, job tenure, indicator for expected to be recalled at layoff and interaction terms with tenure group, contract work indicator, union status transition, firm-size transition, and industry and occupation transition. Sample weights are used to provide estimates for the entire population. Standard errors account for complex survey design (stratification, clustering, and non-response). | ||||||
Log hourly-wage change | Log weekly-wage change | Log usual-hours -per-week change | |
---|---|---|---|
Diagnostic statistics | |||
Number of observations | 5,041 | 5,041 | 5,041 |
R-squared | 0.037 | 0.023 | 0.007 |
p<0.05 | |||
p<0.10 | |||
p<0.01 | |||
Note(s): The estimating equation regresses the log hourly-wage changes (Column 1), log weekly-wage changes (Column 3), and log usual-work-hours-per-week changes (Column 5) before and after displacement on workers' demographics, education attainment, job tenure, indicator for expected to be recalled at layoff and interaction terms with tenure group, contract work indicator, union status transition, firm-size transition, and industry and occupation transition. Sample weights are used to provide estimates for the entire population. Standard errors account for complex survey design (stratification, clustering, and non-response). | |||
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