Using the job requirements approach and matched employer-employee data to investigate the content of individuals’ human capital

Journal for Labour Market Research

Table 6 Hedonic wage equations. Returns to Supervisors

	MODEL 1	MODEL 2	MODEL 3	MODEL 4	MODEL 5	MODEL 6	MODEL 7	MODEL 8	MODEL 9
Problem-solving	−0.001	−0.008	0.005	−0.002					0.002
Client communication	0.006	0.013	0.035***	0.035***					0.028***
High-level communication	0.079***	0.053***	0.039**	0.019					0.016
Planning skills	−0.035*	−0.024	−0.020	−0.011					−0.011
Horizontal communication	−0.004	0.003	−0.007	−0.006					0.003
Numeracy skills	0.064***	0.046***	0.064***	0.052***					0.041***
Technical know-how	0.004	0.008	0.008	0.011					0.005
Literacy skills	0.046***	0.062***	0.017	0.025					0.020
Computer use	−0.025*	−0.008	−0.041***	−0.027*					−0.010
Education level 2					0.107***	0.116***	0.099***	0.111***	0.102***
Education level 3					0.154***	0.195***	0.163***	0.185***	0.159***
Education level 4					0.272***	0.326***	0.287***	0.311***	0.287***
Experience					0.020***	0.020***	0.019***	0.017***	0.016***
Experience²					−0.000***	−0.000***	−0.000**	−0.000**	−0.000*
Tenure					0.007*	0.005	0.006*	0.005	0.004
Tenure²					−0.000	−0.000	−0.000	−0.000	−0.000
Training					0.023*	0.029**	0.028**	0.023*	0.012
Individual level controls	No	Yes	No	Yes	No	Yes	No	Yes	Yes
Firm level controls	No	No	Yes	Yes	No	No	Yes	Yes	Yes
Constant	7.304***	7.255***	7.012***	7.237***	6.859***	6.770***	5.372***	5.686***	5.905***
St. error of est./Log likelihood	−1123.878	−1087.336	−1060.771	−1031.606	−1093.304	−1047.287	−1025.051	−993.510	−983.735
Chi²/Probability	39.38	116.39	205.96	286.36	98.24	255.85	286.82	434.61	477.31
McKelvey&Zavoina’s R²	0.057	0.151	0.206	0.268	0.139	0.245	0.286	0.346	0.362

N = 630
*denotes significant at 10 %; **denotes significant at 5 %; ***denotes significant at 1 %