Table 7 The effects of the PES reform: fixed effects panel data regression estimates, treatment groups by driving time to the nearest PES office
Independent variable | (1) Dependent variable: unemployment rate (%) | (2) Dependent variable: unemployment duration (weeks) | (3) Dependent variable: difference in unemployment rate (%) | (4) Dependent variable: difference in unemployment duration (weeks) |
|---|---|---|---|---|
Year 2014 × ref-near | 0.195 (0.290) | 1.367 (0.898) | −0.073 (0.150) | 1.058 (0.901) |
Year 2015 × ref-near | 0.181 (0.328) | 2.130 (1.412) | −0.171 (0.250) | 1.652 (1.302) |
Year 2016 × ref-near | 0.293 (0.408) | 3.712 (2.294) | −0.142 (0.336) | 2.950 (2.426) |
Year 2017 × ref-near | 0.566 (0.366) | 4.390 (2.418) | 0.059 (0.390) | 3.439 (2.676) |
Year 2014 × ref-mean | 0.578* (0.248) | 0.642 (0.862) | 0.506 (0.270) | 0.709 (0.578) |
Year 2015 × ref-mean | 0.461 (0.236) | 1.736 (1.061) | 0.394 (0.268) | 1.840 (1.096) |
Year 2016 × ref-mean | 0.237 (0.216) | 2.322 (1.362) | 0.176 (0.308) | 2.347 (1.452) |
Year 2017 × ref-mean | 0.221 (0.209) | 2.006 (1.372) | 0.177 (0.387) | 2.048 (1.674) |
Year 2014 × ref-far | −0.023 (0.498) | 1.807 (1.574) | 0.204 (0.217) | 1.015 (0.736) |
Year 2015 × ref-far | 0.353 (0.682) | 3.303* (1.643) | 0.687 (0.424) | 2.336* (1.028) |
Year 2016 × ref-far | −0.122 (0.617) | 4.891** (1.671) | 0.319 (0.304) | 3.633* (1.546) |
Year 2017 × ref-far | −0.336 (0.556) | 2.635 (1.583) | 0.224 (0.394) | 1.182 (1.619) |
Constant | 10.042*** (0.073) | 40.794*** (0.403) | −1.307*** (0.043) | −1.544*** (0.231) |
Year indicators | Yes | Yes | Yes | Yes |
Municipality fixed effects | Yes | Yes | Yes | Yes |
Municipality-specific trends | No | No | Yes | Yes |
N | 3,657 | 3,657 | 3,344 | 3,344 |
R-sq | 0.653 | 0.600 | 0.647 | 0.417 |