From: The dynamics of wage dispersion between firms: the role of firm entry and exit
Explanatory variables | (1) Basic model | (2) Extended model |
---|---|---|
Entry year | ||
1976 (Reference) | – | – |
1977 (dummy) | − 0.03 (0.04) | − 0.07 (0.04) |
1978 (dummy) | − 0.15*** (0.04) | − 0.18*** (0.04) |
1979 (dummy) | − 0.29*** (0.04) | − 0.30*** (0.04) |
1980 (dummy) | − 0.35*** (0.04) | − 0.38*** (0.03) |
1981 (dummy) | − 0.38*** (0.04) | − 0.41*** (0.04) |
1982 (dummy) | − 0.33*** (0.04) | − 0.36*** (0.04) |
1983 (dummy) | − 0.26*** (0.04) | − 0.30*** (0.04) |
1984 (dummy) | − 0.28*** (0.04) | − 0.34*** (0.04) |
1985 (dummy) | − 0.12** (0.04) | − 0.19*** (0.03) |
1986 (dummy) | − 0.10** (0.03) | − 0.19*** (0.03) |
1987 (dummy) | − 0.04 (0.03) | − 0.14*** (0.03) |
1988 (dummy) | − 0.08* (0.03) | − 0.19*** (0.03) |
1989 (dummy) | − 0.08* (0.03) | − 0.19*** (0.03) |
1990 (dummy) | − 0.19*** (0.03) | − 0.30*** (0.03) |
1991 (dummy) | − 0.27*** (0.03) | − 0.36*** (0.03) |
1992 (dummy) | − 0.27*** (0.03) | − 0.37*** (0.03) |
1993 (dummy) | − 0.31*** (0.03) | − 0.44*** (0.03) |
1994 (dummy) | − 0.39*** (0.03) | − 0.55*** (0.03) |
1995 (dummy) | − 0.40*** (0.03) | − 0.59*** (0.03) |
1996 (dummy) | − 0.40*** (0.03) | − 0.65*** (0.03) |
1997 (dummy) | − 0.56*** (0.03) | − 0.85*** (0.03) |
1998 (dummy) | − 0.59*** (0.03) | − 0.94*** (0.03) |
1999 (dummy) | − 0.68*** (0.03) | − 1.11**** (0.03) |
2000 (dummy) | − 0.76*** (0.03) | − 1.19*** (0.03) |
2001 (dummy) | − 0.74*** (0.03) | − 1.21*** (0.03) |
2002 (dummy) | − 0.71*** (0.03) | − 1.19*** (0.03) |
2003 (dummy) | − 0.69*** (0.03) | − 1.20*** (0.03) |
2004 (dummy) | − 0.68*** (0.03) | − 1.23*** (0.03) |
2005 (dummy) | − 0.62*** (0.03) | − 1.18*** (0.03) |
2006 (dummy) | − 0.55*** (0.03) | − 1.13*** (0.03) |
2007 (dummy) | − 0.59*** (0.03) | − 1.14*** (0.03) |
2008 (dummy) | − 0.44*** (0.03) | − 1.03*** (0.03) |
Establishment size | X | 0.49*** (0.00) |
Further controls | X | ✓ |
Industry dummies (1-digit) | X | ✓ |
Constant | 5.72*** (0.02) | 6.63*** (0.05) |
R2 | 0.01 | 0.07 |
N | 2,683,482 | 2,665,313 |