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Journal for Labour Market Research

Table 3 Within- and between-cohort wage dispersion in the manufacturing sector

From: The dynamics of wage dispersion between firms: the role of firm entry and exit

 

(1) All

(2) Survivors

(3) All

(4) Survivors

Dep. var.: coefficient of variation

1996–2008

1996–2008

1976–1995

1976–1995

Age 1 (reference)

–

–

–

–

Age 2 (dummy)

− 0.04* (0.02)

− 0.04** (0.01)

− 0.01 (0.01)

− 0.02 (0.01)

Age 3 (dummy)

− 0.03 (0.02)

− 0.04** (0.02)

− 0.03** (0.01)

− 0.03** (0.01)

Age 4 (dummy)

− 0.04* (0.02)

− 0.04** (0.01)

− 0.03** (0.01)

− 0.03*** (0.01)

Age 5 (dummy)

− 0.05** (0.02)

− 0.04** (0.01)

− 0.03*** (0.01)

− 0.03*** (0.01)

Age 6 (dummy)

− 0.05** (0.02)

− 0.03** (0.01)

− 0.02* (0.01)

− 0.02 (0.01)

Age 7 (dummy)

− 0.06** (0.02)

− 0.03* (0.01)

− 0.03** (0.01)

− 0.02* (0.01)

Age 8 (dummy)

− 0.04* (0.02)

− 0.02 (0.02)

− 0.02** (0.01)

0.01 (0.01)

Age 9 (dummy)

− 0.05* (0.02)

− 0.01 (0.02)

− 0.03* (0.01)

− 0.01 (0.01)

Age 10 (dummy)

− 0.04* (0.02)

0.00 (0.02)

− 0.02 (0.01)

0.00 (0.01)

Entry year

 1976 (reference)

–

–

–

–

 1977 (dummy)

–

–

0.00 (0.01)

− 0.01 (0.01)

 1978 (dummy)

–

–

0.03 (0.02)

0.03 (0.02)

 1979 (dummy)

–

–

0.01 (0.01)

0.01 (0.01)

 1980 (dummy)

–

–

0.04* (0.02)

0.03** (0.01)

 1981 (dummy)

–

–

0.05*** (0.01)

0.05*** (0.01)

 1982 (dummy)

–

–

0.04** (0.01)

0.03* (0.01)

 1983 (dummy)

–

–

0.04** (0.01)

0.03* (0.01)

 1984 (dummy)

–

–

0.02 (0.01)

0.01 (0.01)

 1985 (dummy)

–

–

0.04 (0.01)

0.03 (0.02)

 1986 (dummy)

–

–

0.03* (0.01)

0.03 (0.01)

 1987 (dummy)

–

–

0.05*** (0.01)

0.05*** (0.02)

 1988 (dummy)

–

–

− 0.00 (0.01)

− 0.01 (0.01)

 1989 (dummy)

–

–

0.02 (0.01)

0.00 (0.01)

 1990 (dummy)

–

–

0.09*** (0.02)

0.05*** (0.01)

 1991 (dummy)

–

–

0.06*** (0.01)

0.04*** (0.01)

 1992 (dummy)

–

–

0.02 (0.01)

0.00 (0.01)

 1993 (dummy)

–

–

0.07*** (0.01)

0.06*** (0.01)

 1994 (dummy)

–

–

0.05*** (0.01)

0.03** (0.01)

 1995 (dummy)

–

–

0.05*** (0.01)

0.03** (0.01)

 1996 (reference)

–

–

–

–

 1997 (dummy)

− 0.02 (0.01)

− 0.04* (0.01)

–

–

 1998 (dummy)

0.00 (0.01)

− 0.02 (0.01)

–

–

 1999 (dummy)

0.05** (0.02)

0.02 (0.01)

–

–

 2000 (dummy)

0.10*** (0.01)

0.10*** (0.01)

–

–

 2001 (dummy)

0.10*** (0.02)

0.09*** (0.02)

–

–

 2002 (dummy)

0.11*** (0.02)

0.09*** (0.01)

–

–

 2003 (dummy)

0.06*** (0.01)

0.03*** (0.01)

–

–

 2004 (dummy)

0.17*** (0.01)

0.10*** (0.01)

–

–

 2005 (dummy)

0.09*** (0.01)

0.10*** (0.01)

–

–

 2006 (dummy)

0.12*** (0.02)

0.12*** (0.02)

–

–

 2007 (dummy)

0.10*** (0.02)

0.07*** (0.02)

–

–

 2008 (dummy)

0.14*** (0.02)

0.10*** (0.01)

–

–

 Intercept

0.51*** (0.01)

0.49*** (0.01)

0.40*** (0.01)

0.39*** (0.01)

R2

0.72

0.69

0.48

0.47

N

130

130

200

200

  1. West Germany, manufacturing sector. 1976–2008, OLS estimations with the coefficient of variation (sd/mean) as a dependent variable in all specifications. Robust standard errors in parentheses. */**/*** indicates statistical significance at the 10/5/1 percent level. Age-cohort cells weighted with number of establishments per cell. Number of establishments per cell vary between 1176 and 2345 (mean 1678) in columns (2) and (4) and between 1269 and 5093 (mean 2498) in columns (1) and (3)
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