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Table 3 Models of female labor force participation by educational attainment and vulnerability

From: Economic cycle and deceleration of female labor force participation in Latin America

 

Education

Vulnerability

Low (L)

Medium (M)

High (H)

Ratio L/M

Ratio L/H

Vulnerable (V)

Non-vulnerable (N)

Ratio V/N

(1)

(2)

(3)

(4)

(5)

(6)

(7)

(8)

Cyclical component

− 23.6***

(7.12)

− 16.9**

(7.33)

− 11.3***

(3.30)

− 15.5***

(5.16)

− 19.9**

(7.29)

− 26.0***

(7.97)

− 9.0

(6.04)

− 22.4*

(10.67)

Trend component

22.1***

(2.63)

10.3***

(3.51)

10.1***

(2.94)

20.8***

(4.43)

18.9***

(2.73)

29.1***

(3.32)

13.5***

(3.14)

29.8***

(6.40)

Observations

304

304

304

304

304

304

304

304

R-squared

0.557

0.219

0.260

0.351

0.397

0.520

0.235

0.256

  1. Latin American countries, panel 1987–2014. Women aged 25–54
  2. Fixed effects (by country) OLS regressions. Unbalanced panel of 18 countries. Dependent variable is female labor force participation as percentage of women aged 25–54. Columns show estimations of the models dividing individuals by different levels of educational attainment and quintiles of a vulnerability index; and ratios of female LFP ratio between groups expressed in percentage. Low education = less than secondary complete; medium education = secondary complete or tertiary incomplete; high education = tertiary complete. Vulnerable = individuals who are in quintile 1 of a vulnerability index based on the principal components of level of educational attainment, marital status and number of children in the household. Cyclical and trend components of GDP are obtained by applying the Hodrick-Prescott filter to the log of real per capita GDP. For detailed data definitions and sources, see Table 10 in the Appendix. Robust standard errors clustered by country in parentheses. ***Significant at 1% level, **5%, *10%