Table 5 Probit estimates of the use of targeted wage subsidies, average marginal effects, only firms with less than 100 employees

Recruitment subsidy for new firms

0.10^∗

0.02

Training measures for the unemployed

0.11^∗∗

0.12^∗∗

Job-creation measures

0.03

0.01

0.05^∗∗

0.01

Structural adjustment measures

0.05^∗∗

0.04^∗∗

One-Euro-jobs

0.05^∗∗

0.03^∗

Work opportunities (wage variant)

0.02

Wage subsidy for the severely hard-to-place

0.07^∗∗

Youth program (Jugendsofortprogramm)

0.08^∗∗

0.08^∗∗

Support vocational training

0.03^∗

0.05^∗∗

0.07^∗∗

Internships for work preparation

0.04^∗∗

0.02

Entry-level training for young people

0.06^∗∗

0.05^∗∗

Vocational training bonus

0.06^∗∗

Part time retirement

0.04^∗∗

0.02

0.04^∗∗

0.04^∗∗

Other measures

0.05^∗∗

0.03^∗∗

0.06^∗∗

0.04^∗∗

Vacancies reported to FEA

0.05^∗∗

0.05^∗∗

0.05^∗∗

0.02^∗∗

Number of establishments

11,953

11,835

12,110

12,030

Pseudo coefficient of determination

0.122

0.134

0.175

0.144