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Table 5 Wage regressions

From: Using tools to distinguish general and occupation-specific skills

 

Full sample

Full sample

Professional

Sales, serv., and admin

Blue collar

Non-white

− .0353*** (.0069)

− .0378*** (.0064)

− .0017 (.0121)

− .0336*** (.0068)

− .0692*** (.0102)

Female

− .2211*** (.0169)

− .2197*** (.0169)

− .2214*** (.0203)

− .1771*** (.0179)

− .1933*** (.0164)

Married

.0945*** (.0075)

.0943*** (.0074)

.0773*** (.0125)

.0842*** (.0094)

.1229*** (.0064)

Age

.0511*** (.0024)

.0516*** (.0024)

.0614*** (.0040)

.0488*** (.0031)

.0519*** (.0026)

Age squared

− .0005*** (.0000)

− .0005*** (.0000)

− .0006*** (.0000)

− .0005*** (.0000)

− .0005*** (.0000)

High school

.1161*** (.0109)

.1166*** (.0105)

.0277 (.0323)

.0923*** (.0116)

.1588*** (.0095)

Some college

.1896*** (.0147)

.1886*** (.0135)

.1084*** (.0365)

.1686*** (.0132)

.2403*** (.0199)

College degree

.4644*** (.0226)

.4642*** (.0225)

.4750*** (.0349)

.3778*** (.0231)

.3442*** (.0427)

Non-routine cogn.

.0667*** (.0233)

.0710*** (.0222)

.1147* (.0624)

.1174*** (.0237)

.1280*** (.0185)

Non-routine manual

− .0180 (.0286)

− .0190 (.0292)

− .1225** (.0575)

− .0894** (.0438)

− .0074 (.0171)

Routine cognitive

.1029*** (.0222)

.0906*** (.0216)

 .1707*** (.0452)

.0646*** (.0197)

.0460*** (.0222)

Routine manual.

−.0928** (.0367)

−.0900*** (.0338)

.0191 (.0797)

−.1285*** (.0433)

−.0090 (.0190)

Risk

.1029*** (.0290)

.0949*** (.0286)

.0370 (.0445)

.1834*** (.0365)

.0657*** (.0179)

# Job-specific tools

 

.0387** (.0170)

.0734** (.0288)

.0406 (.0670)

.0720** (.0331)

Specific squared

 

− .0002 (.0009)

− .0011 (.0011)

− .0038 (.0093)

− .0101*** (.0029)

Total tools

− .0020 (.0074)

− .0181* (.0106)

− .0268 (.0178)

− .1082*** (.0363)

− .0006 (.0139)

Total tools squared

.0000 (.0001)

− .0001 (.0004)

.0000 (.0005)

.0075*** (.0026)

− .0002 (.0006)

Occupation indicators

Yes

Yes

No

No

No

Observations

1,041,239

1,041,239

295,419

497,121

248,699

R-squared

.326

.328

.285

.245

.210

  1. Dependent variable is natural log of earnings. Robust standard errors in parentheses. Constant not reported. Occupation indicators control for 10 major occupation groups. Tools measured in 10 tool increments
  2. *** p < .01, ** p < .05, * p < .1