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Table 3 Individual-level maximum-likelihood estimates of the effects of the displayed variables on the risks of exiting unemployment and of entering unemployment

From: A cross-country study of skills and unemployment flows

 

(1)

(2)

(3)

(4)

(5)

(6)

(7)

 

\(\lambda _i\) (log-risk of exiting unemployment)

Numeracy (std)

\({0}.{166}^{***}\)

\({0}.{174}^{***}\)

0.084

\({0}.{162}^{***}\)

\({0}.{165}^{***}\)

\({0}.{164}^{***}\)

\({0}.{163}^{***}\)

 

(0.029)

(0.032)

(0.073)

(0.030)

(0.030)

(0.029)

(0.031)

\(\times\) Logarithmized GDP per capita (PPP, demeaned)

0.043

0.028

    

(0.061)

  

(0.096)

\(\times\) ICT in the workplace (std)

0.061

0.032

     

(0.120)

 

(0.192)

\(\times\) Employment in agriculture (share, demeaned)

− 0.352

0.054

      

(0.838)

(0.970)

Experience (decades)

− 0.002

− 0.010

0.144

− 0.003

− 0.004

− 0.002

− 0.004

 

(0.082)

(0.075)

(0.361)

(0.082)

(0.082)

(0.082)

(0.082)

Experience\(^2\) (decades)

− 0.017

− 0.013

− 0.068

− 0.016

− 0.016

− 0.017

− 0.016

 

(0.020)

(0.018)

(0.103)

(0.020)

(0.020)

(0.020)

(0.020)

Female

\({-0}.{276}^{***}\)

\({-0}.{232}^{***}\)

\({-0}.{662}^{***}\)

\({-0}.{276}^{***}\)

\({-0}.{276}^{***}\)

\({-0}.{276}^{***}\)

\({-0}.{276}^{***}\)

 

(0.043)

(0.041)

(0.116)

(0.043)

(0.043)

(0.043)

(0.043)

Log-likelihood

−30,221

−26,470

−3,691

−30,203

−30,201

−30,205

−30,198

Countries

37

30

7

37

37

37

37

Observations

115,998

97,414

18,584

115,998

115,998

115,998

115,998

 

\(\delta _i\) (log-risk of entering unemployment)

Numeracy (std)

\({-0}.{335}^{***}\)

\({-0}.{356}^{***}\)

− 0.171

\({-0}.{324}^{***}\)

\({-0}.{338}^{***}\)

\({-0}.{331}^{***}\)

\({-0}.{332}^{***}\)

 

(0.042)

(0.044)

(0.119)

(0.040)

(0.038)

(0.038)

(0.039)

\(\times\) Logarithmized GDP per capita (PPP, demeaned)

\({-0}.{170}^{*}\)

− 0.042

    

(0.087)

  

(0.142)

\(\times\) ICT in the workplace (std)

− 0.271

− 0.145

     

(0.171)

 

(0.267)

\(\times\) Employment in agriculture (share, demeaned)

\({2}.{230}^{*}\)

1.029

      

(1.153)

(1.392)

Experience (decades)

\({-0}.{453}^{***}\)

\({-0}.{399}^{***}\)

\({-0}.{719}^{*}\)

\({-0}.{449}^{***}\)

\({-0}.{450}^{***}\)

\({-0}.{449}^{***}\)

\({-0}.{449}^{***}\)

 

(0.101)

(0.094)

(0.424)

(0.101)

(0.101)

(0.101)

(0.101)

Experience\(^2\) (decades)

\({0}.{059}^{**}\)

\({0}.{051}^{**}\)

0.082

\({0}.{058}^{**}\)

\({0}.{058}^{**}\)

\({0}.{058}^{**}\)

\({0}.{058}^{**}\)

 

(0.025)

(0.024)

(0.112)

(0.025)

(0.025)

(0.025)

(0.025)

Female

\({-0}.{135}^{**}\)

\({-0}.{137}^{*}\)

− 0.117

\({-0}.{136}^{**}\)

\({-0}.{135}^{**}\)

\({-0}.{135}^{**}\)

\({-0}.{136}^{**}\)

 

(0.068)

(0.072)

(0.195)

(0.068)

(0.068)

(0.068)

(0.068)

Log-likelihood

−30,221

−26,470

−3,691

−30,203

−30,201

−30,205

−30,198

Countries

37

30

7

37

37

37

37

Observations

115,998

97,414

18,584

115,998

115,998

115,998

115,998

 

\(\lambda _i-\delta _i\) (log-risk-ratio of exiting to entering unemployment)

Numeracy (std)

\({0}.{501}^{***}\)

\({0}.{530}^{***}\)

\({0}.{255}^{***}\)

\({0}.{486}^{***}\)

\({0}.{503}^{***}\)

\({0}.{495}^{***}\)

\({0}.{495}^{***}\)

 

(0.039)

(0.040)

(0.062)

(0.036)

(0.034)

(0.034)

(0.034)

\(\times\) Logarithmized GDP per capita (PPP, demeaned)

\({0}.{213}^{**}\)

0.070

    

(0.086)

  

(0.156)

\(\times\) ICT in the workplace (std)

\({0}.{332}^{**}\)

0.177

     

(0.149)

 

(0.189)

\(\times\) Employment in agriculture (share, demeaned)

\({-2}.{582}^{**}\)

− 0.975

      

(1.085)

(1.620)

Experience (decades)

\({0}.{451}^{***}\)

\({0}.{389}^{***}\)

\({0}.{863}^{***}\)

\({0}.{446}^{***}\)

\({0}.{447}^{***}\)

\({0}.{447}^{***}\)

\({0}.{445}^{***}\)

 

(0.069)

(0.071)

(0.188)

(0.069)

(0.069)

(0.070)

(0.069)

Experience\(^2\) (decades)

\({-0}.{075}^{***}\)

\({-0}.{063}^{***}\)

\({-0}.{150}^{***}\)

\({-0}.{074}^{***}\)

\({-0}.{074}^{***}\)

\({-0}.{074}^{***}\)

\({-0}.{074}^{***}\)

 

(0.016)

(0.018)

(0.040)

(0.016)

(0.016)

(0.016)

(0.016)

Female

\({-0}.{141}^{**}\)

− 0.094

\({-0}.{546}^{***}\)

\({-0}.{140}^{**}\)

\({-0}.{140}^{**}\)

\({-0}.{140}^{**}\)

\({-0}.{140}^{**}\)

 

(0.065)

(0.068)

(0.173)

(0.065)

(0.065)

(0.065)

(0.065)

Log-likelihood

−30,221

−26,470

−3,691

−30,203

−30,201

−30,205

−30,198

Countries

37

30

7

37

37

37

37

Observations

115,998

97,414

18,584

115,998

115,998

115,998

115,998

  1. Sample restricted to survey participants ages 25–54. Specification (2) and specification (3) exclude survey participants from Indonesia, Ecuador, Peru, Mexico, Kazakhstan, Chile and Turkey, and from all other countries, respectively. Fixed effects by country not displayed. Sampling weights employed in all calculations, giving the same weight to each country. Robust standard errors in parentheses, adjusted for clustering at the country level. Statistical significance at the 10, 5, and 1% level denoted by *, ** and ***, respectively. Author’s calculations based on the Survey of Adult Skills (PIAAC) and the Penn World Table 9.1 (Feenstra et al. 2015)