|
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
| |
- Note: We report robust standard errors in parentheses. Bold numbers indicate significance at least at the 5 % level.
