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Table 10 Detailed three-fold earnings decompositions: october 2008

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

 

(1) Not formally registered

(2) No labor contract

(3) No pension benefits

 

Endowments

Returns

Interaction

Endowments

Returns

Interaction

Endowments

Returns

Interaction

Age cohort

0.032***

0.087***

−0.041***

0.031***

−0.009***

0.015***

0.029***

−0.001

0.007***

 

[0.001]

[0.002]

[0.002]

[0.000]

[0.002]

[0.001]

[0.000]

[0.002]

[0.001]

Education

0.086***

0.086***

0.287***

0.071***

−0.010***

0.010***

0.061***

−0.009***

0.017***

 

[0.001]

[0.003]

[0.004]

[0.001]

[0.002]

[0.002]

[0.001]

[0.002]

[0.002]

Part-time

0.154***

−0.340***

0.220***

0.051***

−0.258***

0.096***

0.021***

−0.334***

0.124***

 

[0.002]

[0.005]

[0.004]

[0.001]

[0.005]

[0.002]

[0.002]

[0.005]

[0.002]

Industry

0.066***

−0.039***

−0.140***

0.021***

−0.016***

−0.026***

0.022***

−0.022***

−0.033***

 

[0.002]

[0.004]

[0.004]

[0.001]

[0.002]

[0.002]

[0.001]

[0.002]

[0.002]

Occupation

0.163***

0.115***

−0.01

0.108***

−0.074***

−0.061***

0.098***

−0.056***

0.006***

 

[0.001]

[0.003]

[0.008]

[0.001]

[0.002]

[0.003]

[0.001]

[0.002]

[0.002]

Firm size

0.044***

0.156***

−0.056***

0.030***

0.020***

0.105***

0.028***

0.017***

0.029***

 

[0.001]

[0.006]

[0.003]

[0.000]

[0.002]

[0.002]

[0.000]

[0.002]

[0.002]

Urban

0.003***

0.017***

−0.044***

0.004***

0.013***

−0.021***

0.003***

0.017***

−0.023***

 

[0.000]

[0.001]

[0.003]

[0.000]

[0.001]

[0.001]

[0.000]

[0.001]

[0.001]

Region

0.005***

−0.115***

−0.005

0.006***

−0.014***

0.038***

0.001**

−0.020***

0.022***

 

[0.000]

[0.002]

[0.004]

[0.000]

[0.001]

[0.001]

[0.000]

[0.001]

[0.001]

Constant

 

0.185***

  

0.534***

  

0.638***

 
  

[0.012]

  

[0.006]

  

[0.006]

 

N

2,783

2,783

2,783

2,783

2,783

2,783

2,783

2,783

2,783

  1. Notes: Values in brackets are robust Huber-White (Huber 1967; White 1980) standard errors, computed according to Jann (2008). The decompositions treat the formal sector workers as the reference (Oaxaca 1973; Blinder 1973). **: statistically significant at 5%; ***: statistically significant at 1%
  2. Source: Serbia Labor Force Survey (October 2008)