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Table 1 Variable Definitions

From: Bound to lose, bound to win? The financial crisis and the informal-formal sector earnings gap in Serbia

Variable name:

Definition:

Dependent variable:

 

Log real earnings (Oct. 2008, Oct. 2009)

Log real monthly earnings (net salary in the previous month)

Informality measures:

 

Unregistered firm

1 if firm is not formally registered (for tax purposes, etc.); 0 otherwise

No labor contract

1 if worker has no labor contract; 0 otherwise

No pension benefits

1 if worker does not receive pension benefits; 0 otherwise

Explanatory variables:

 

Birth cohorts:

 

15–24 (reference)

1 if in age range; 0 otherwise

25–34

1 if in age range; 0 otherwise

35–44

1 if in age range; 0 otherwise

45–54

1 if in age range; 0 otherwise

55–64

1 if in age range; 0 otherwise

65 and above

1 if in age range; 0 otherwise

Educational attainment:

 

Primary or less (reference)

1 if completed primary or less; 0 otherwise

Secondary

1 if completed secondary; 0 otherwise

Tertiary

1 if completed tertiary; 0 otherwise

Part-time status:

 

Part-time

1 if part-time; 0 otherwise

Industry:

 

Agriculture (reference)

1 if Agriculture; 0 otherwise

Man/Min/Electricity

1 if Manufacturing-Mining-Electricity; 0 otherwise

Construction

1 if Construction; 0 otherwise

Trade/Services

1 if Trade/Services; 0 otherwise

Hotels/Restaurants

1 if Hotels/Restaurants; 0 otherwise

Transports

1 if Transports; 0 otherwise

Finance/Real estate

1 if Finance/Real Estate; 0 otherwise

Public sector

1 if Public Sector; 0 otherwise

Other

1 if Other Sector; 0 otherwise

Occupation:

 

Legislators

1 if Legislator; 0 otherwise

Professionals

1 if Professional; 0 otherwise

Technicians

1 if Technician; 0 otherwise

Clerks

1 if Clerk; 0 otherwise

Service

1 if Service; 0 otherwise

Skilled agriculture & fishery

1 if Skilled agriculture & fishery; 0 otherwise

Craft & trade

1 if Craft & trade; 0 otherwise

Plant/machine operators

1 if Plant/machine operator; 0 otherwise

Elementary occupations (reference)

1 if Elementary occupation; 0 otherwise

Firm Size:

 

Firm size 1–5 (reference)

1 if firm size is 1–5; 0 otherwise

Firm size 6–19

1 if firm size is 6–19; 0 otherwise

Firm size 20-99

1 if firm size is 20–99; 0 otherwise

Firm size 100+

1 if firm size is 100 or more; 0 otherwise

Firm size not sure: 10 or less

1 if not sure about firm size but it is 10 or less; 0 otherwise

Firm size not sure: 11 or more

1 if not sure about firm size but it is 11 or more; 0 otherwise

Geographical location:

 

Urban

1 if urban; 0 if rural

Central Serbia

1 if Central Serbia; 0 otherwise

Belgrade (reference)

1 if Belgrade; 0 otherwise

Vojvodina

1 if Vojvodina; 0 otherwise