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Table 3 Normalized differences in covariates: treated versus control and matched controls

From: Labor supply effects of a subsidized old-age part-time scheme in AustriaArbeitsangebotseffekte einer subventionierten Altersteilzeitregelung in Österreich

 

Females

Males

Controls

Matched controls

Controls

Matched controls

Employment Year 1

0.131

−0.028

0.146

−0.024

Employment Year 2

0.182

−0.027

0.177

−0.020

Employment Year 3

0.214

−0.018

0.183

−0.015

Tenure

0.219

0.037

0.129

0.007

Birth year 1947 or 1944

0.209

0.000

0.085

0.001

Unemployment (1–3 years)

−0.136

0.029

−0.146

0.023

Sickness leave (1–3 years)

−0.041

0.056

−0.088

0.046

Accident benefit

−0.020

0.002

−0.047

0.001

Firm Employment Dynamics

−0.038

−0.005

−0.029

−0.001

White-Collar-Worker

0.261

0.016

0.178

0.014

Federal States (Vienna)

Burgenland

−0.010

0.000

−0.072

0.000

Carinthia

0.046

0.002

−0.002

0.000

Lower Austria

−0.030

0.000

−0.061

0.001

Upper Austria

0.107

0.006

0.083

0.007

Salzburg

0.118

0.006

0.131

0.003

Styria

−0.032

0.002

−0.038

0.002

Tyrol

−0.012

0.003

−0.003

0.003

Vorarlberg

−0.113

0.001

−0.103

0.001

Unknown

−0.076

0.001

−0.034

0.003

Industry (Other Services)

Unknown

0.044

0.003

0.009

0.000

Agriculture

−0.028

0.000

0.005

0.000

Energy/Mining

0.026

0.000

0.030

0.000

Manufacturing

0.169

0.003

0.205

−0.008

Construction

0.084

0.002

−0.127

−0.001

Trade

−0.002

0.001

0.045

0.005

Hotels and Restaurants

−0.089

0.002

−0.072

0.000

Transport

0.003

0.003

−0.145

0.001

Financial Intermediation

0.096

0.000

0.057

−0.001

Business Activities

−0.057

0.003

−0.010

0.001

Public Administration

−0.126

−0.007

−0.133

−0.002

Firm Size (250+)

0–10

−0.007

0.001

−0.111

0.010

11–50

−0.051

0.006

−0.084

0.004

51–250

−0.017

0.004

0.038

0.006

Real Income

0.571

0.148

0.309

−0.003

  1. Note: The normalized difference is calculated as \(\frac{\bar{X}_{1} -\bar{X}_{0}}{\sqrt{S_{0}^{2} + S_{1}^{2}}}\), where S 2 is the sample variance of X i in the relevant subsample. The first column shows the difference between treated and control groups, the second column the difference between treated and matched control group