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Table 14 The effect of ownership on the probability of becoming unemployed—logit odds ratios

From: Wage gains from foreign ownership: evidence from linked employer–employee data

  Educational attainmenta
Low Middling High
Employer: MNE 1.199*** (2.57) 0.971 (0.50) 1.061 (0.89)
Female 0.916 (1.40) 1.029 (0.55) 1.149*** (2.44)
Age 1.012 (0.71) 0.941*** (3.85) 0.919*** (5.01)
Age squared 0.999** (2.06) 1.000*** (3.08) 1.000*** (4.25)
Tenure (years) 0.894*** (9.27) 0.886*** (13.9) 0.895*** (10.0)
Number of observations 82,638 205,597 227,074
Pseudo R2 0.076 0.067 0.068
Wald chi2 (51) 617.4*** 958.0*** 763.8***
  1. Significant at the **0.5 and ***0.01 level
  2. Discrete time survival model, logit form, following (Jenkins 1995). Estimated for the pool of 28 quarterly waves of the Labor Force Survey in 2003–2009. The estimation excludes the crisis period (2010 and 2011). Sample: employees. Dependent variable: 1 if the person was ILO-OECD unemployed in wave t + 1 and 0 otherwise. The coefficients of 19 county dummies and 27 survey wave dummies are not shown
  3. aLow = primary school attainment, High = college or university, Middling = rest
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