Skip to main content

Table 11 Detailed three-fold earnings decompositions: october 2009

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

−0.001***

0.200***

−0.018***

0.022***

−0.150***

−0.020***

0.023***

−0.021***

−0.015***

 

[0.000]

[0.004]

[0.002]

[0.000]

[0.004]

[0.001]

[0.000]

[0.007]

[0.001]

Education

0.053***

−0.061***

0.035***

0.070***

0.129***

0.114***

0.060***

0.005*

−0.001

 

[0.001]

[0.003]

[0.003]

[0.001]

[0.003]

[0.005]

[0.001]

[0.003]

[0.004]

Part-time

0.064***

−0.110***

0.064***

0.019***

−0.241***

0.086***

0.040***

−0.080***

0.026***

 

[0.001]

[0.005]

[0.003]

[0.001]

[0.004]

[0.002]

[0.001]

[0.004]

[0.001]

Industry

0.026***

0.171***

−0.118***

0.017***

−0.040***

0.150***

0.021***

−0.034***

0.055***

 

[0.001]

[0.003]

[0.005]

[0.001]

[0.003]

[0.005]

[0.001]

[0.002]

[0.004]

Occupation

0.074***

−0.019***

0.028***

0.081***

−0.076***

0.023***

0.076***

−0.073***

−0.064***

 

[0.001]

[0.003]

[0.006]

[0.001]

[0.002]

[0.003]

[0.001]

[0.002]

[0.004]

Firm size

0.068***

−0.037***

0.184***

0.052***

−0.001

0.040***

0.045***

−0.009***

0.011***

 

[0.001]

[0.004]

[0.008]

[0.001]

[0.002]

[0.002]

[0.000]

[0.002]

[0.002]

Urban

0.011***

−0.020***

0.035***

0.011***

0.029***

−0.039***

0.011***

0.023***

−0.030***

 

[0.000]

[0.001]

[0.002]

[0.000]

[0.001]

[0.001]

[0.000]

[0.001]

[0.001]

Region

0.014***

−0.037***

0.027***

0.016***

0.007***

0.043***

0.011***

−0.013***

0.026***

 

[0.001]

[0.001]

[0.002]

[0.000]

[0.001]

[0.001]

[0.000]

[0.001]

[0.001]

Constant

 

0.01

  

0.181***

  

0.363***

 
  

[0.007]

  

[0.008]

  

[0.007]

 

N

2,577

2,577

2,577

2,577

2,577

2,577

2,577

2,577

2,577

  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 10%; ***: statistically significant at 1%
  2. Source: Serbia Labor Force Survey (October 2009)