How unemployment insurance savings accounts affect employment duration: evidence from Chile

IZA Journal of Labor & Development

Table 5 Regression table Cox model

Variable	T ₁- Employment			T ₂- Unemployment			T ₃- Inactivity
	(1)	(2)	(3)	(1)	(2)	(3)	(1)	(2)	(3)
	*Coefficients*
UISA	0.314***	0.318***	0.375***	0.301***	0.310***	0.645***	0.090	0.050	0.504***
Female		-0.275***	-0.297***		0.363***	0.358***		1.371***	1.102***
Age		-0.004	-0.004		-0.013***	-0.013***		0.012**	0.013*
Temp. Contract		0.643***	0.642***		1.239***	1.217***		1.204***	0.849***
Education
- High School		0.006	0.034		-0.307***	-0.276***		-0.379***	-0.294*
- Prof. Formation		0.077	0.139		-0.671***	-0.538***		0.063	0.323
- Univ. and higher		-0.069	0.003		-1.142***	-0.803***		-0.028	0.426
Hours			-0.000			0.015***			0.005
Income
- 100,000 CLP			-0.303			0.350			0.433
- 200,00 CLP			-0.499*			0.149			-0.086
- 300,000 CLP			-0.629**			-0.099			-0.819
> 300,000 CLP			-0.576*			-0.439			-1.086
Household Size			-0.010			-0.024			-0.031
Log Likelihood	-5,556	-5,510	-5,056	-6,180	-5,940	-4,618	-2,285	-2,160	-1,588
AIC	11,114	11,033	10,139	12,363	11,895	9,261	4,572	4,334	3,201
Pseudo R2	0.002	0.010	0.012	0.001	0.035	0.045	0.000	0.055	0.056
Wald Test Education		0.859	0.804		0.000	0.000		0.013	0.008
Wald Test Income			0.112			0.005			0.000
Employment Exit	798	798	741	864	860	689	318	318	240
At Risk	66,530	66,484	63,427	66,530	66,484	63,427	66,530	66,484	63,427
N	2,323	2,319	2,006	2,323	2,319	2,006	2,323	2,319	2,006

*p < 0.1, **p < 0.05, ***p < 0.01.
(Std. Err. adjusted clustered by ID).
Notes: Regressions (1) present the simple model, regressions (2) the base specification, and regressions (3) the final model.