Table 4 Variables definition and summary statistics (economic shocks)
From: Active labour market policy use in Luxembourg: evidence from a firm survey
N | Mean | |||
|---|---|---|---|---|
Description: 1 if factor | firms’ activity | … in t, 0 otherwise | ||
Level of demand: | Decreased | 1316 | 0.34 | |
…moderately | 1316 | 0.21 | ||
…strongly | 1316 | 0.13 | ||
Increased | 1316 | 0.32 | ||
…moderately | 1316 | 0.27 | ||
…strongly | 1316 | 0.05 | ||
Volatility/uncertainty of demand: | Decreased | 1314 | 0.28 | |
…moderately | 1314 | 0.20 | ||
…strongly | 1314 | 0.08 | ||
Increased | 1314 | 0.18 | ||
…moderately | 1314 | 0.15 | ||
…strongly | 1314 | 0.03 | ||
Access to external financing: | Decreased | 1308 | 0.18 | |
…moderately | 1308 | 0.12 | ||
…strongly | 1308 | 0.06 | ||
Increased | 1308 | 0.07 | ||
…moderately | 1308 | 0.05 | ||
…strongly | 1308 | 0.01 | ||
Customers’ ability to pay: | Decreased | 1314 | 0.32 | |
…moderately | 1314 | 0.25 | ||
…strongly | 1314 | 0.08 | ||
Increased | 1314 | 0.08 | ||
…moderately | 1314 | 0.06 | ||
…strongly | 1314 | 0.02 | ||
Availability of supplies: | Decreased | 1315 | 0.10 | |
…moderately | 1315 | 0.08 | ||
…strongly | 1315 | 0.02 | ||
Increased | 1315 | 0.05 | ||
…moderately | 1315 | 0.05 | ||
…strongly | 1315 | 0.00 |