Table 3 First stage regressions, elasticity estimates, 1980–2019, pooled years
From: The evolution of wage inequality within local U.S. labor markets
(1) | (2) | (3) | (4) | (5) | (6) | |
|---|---|---|---|---|---|---|
log(benefits/FMHPI) | \(0.173^{**}\) (0.045) | \(0.131^{**}\) (0.036) | \(0.247^{***}\) (0.064) | \(0.155^{***}\) (0.036) | \(0.109^{***}\) (0.028) | \(0.259^{***}\) (0.060) |
Adjusted \(R^{2}\) | \(0.29 \quad\) | \(0.25 \quad\) | \(0.29 \quad\) | \(0.29\quad\) | \(0.24\quad\) | \(0.29\quad\) |
F-test | \(14.84^{***}\) | \(13.18^{***}\) | \(14.83^{***}\) | \(18.26^{***}\) | \(14.83^{***}\) | \(18.46^{***}\) |
AR Wald test | \(15.51^ {***}\) | \(15.81^{***}\) | \(15.02^{***}\) | \(17.19^{***}\) | \(19.62^{***}\) | \(17.14^{***}\) |