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Table 6 Comparison of the return to shaw’s and ormiston’s skills transferability

From: The estimation methods of occupational skills transferabilityDie Methoden zur Einschätzung der Übertragbarkeit beruflicher Kompetenzen

Independent Variable

Dependent Variable: Difference in log of real weekly earning

($2006; OLS)

(1)

(2)

(3)

(4)

Ormiston transfer*100

0.003

 

0.004

 

(9.25)

 

(8.32)

 

Shaw transfer*100

 

0.001

 

0.001

 

(7.51)

 

(6.64)

Same industry (2-digit)

0.072

0.082

0.077

0.087

(4.29)

(4.85)

(3.27)

(3.68)

Tenure at the lost job

−0.008

−0.008

−0.009

−0.010

(−4.88)

(−4.96)

(−5.73)

(−5.83)

Notice of displacement

0.012

0.013

−0.009

−0.008

(0.68)

(0.77)

(−0.47)

(−0.41)

Unemployment insurance

−0.044

−0.044

−0.003

−0.004

(−2.47)

(−2.48)

(−0.15)

(−0.17)

Age

0.013

0.014

0.010

0.011

(2.31)

(2.43)

(1.50)

(1.64)

Age square

0.000

0.000

0.000

0.000

(−2.84)

(−2.95)

(−2.22)

(−2.35)

Female

−0.090

−0.089

−0.093

−0.092

(−4.42)

(−4.34)

(−4.32)

(−4.25)

Constant

−0.208

−0.014

−0.088

0.120

(−1.61)

(−0.11)

(−0.58)

(0.80)

N

6827

6827

4727

4727

Adj. R2

0.085

0.082

0.096

0.091

  1. Note: t‑statistics are in the parentheses. Not included independent variables are 10 major occupation dummies, 10 major industry dummies, marital status, US citizen dummy, union membership dummy, unemployment insurance benefit dummy, health insurance dummy, race dummies (i. e., black, white, Hispanic), dummy of move geographically, unemployment rate at year of survey across state, year of displacement, and 4 educational level