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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.