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Table 3 Regression results for time-variant and time-constant regional characteristics

From: Training vouchers, local employment agencies, and policy stylesBildungsgutscheine, regionale Arbeitsagenturen und Politikstile

Dependent variable: annual voucher award intensity
  Coef. Std. Dev.
Time-varying variables
Lagged unemployment rate 0.554 (0.179)
Registered unemployed, shares
Aged 15–24 − 1.233 (0.326)
Aged 55–64 0.375 (0.174)
With German citizenship 0.833 (0.533)
Long-term unemployed − 0.495 (0.116)
Time-constant variables
Eastern Germany − 0.027 (0.029)
lagged unemployment rate − 0.511 (0.311)
Seasonal variance 0.238 (0.086)
Registered unemployed, shares
Aged 15–24 1.194 (0.457)
Aged 55–64 − 0.082 (0.373)
Long-term unemployed − 0.170 (0.243)
German citizenship − 0.739 (0.531)
Industry structure Yes  
Year dummies Yes  
  1. Note: We report robust standard errors in parentheses. Bold numbers indicate significance at least at the 5 % level.
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