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Table 2 Returns to employer tenure

From: The sources of wage growth in a developing country

Dependent variable (1) (2) (3) (4)
Log hourly wage OLS IV OLS IV
Employer tenure 0.016* 0.039*** −0.002 0.008
  (0.009) (0.011) (0.024) (0.029)
Employer tenure2    0.001 0.002
    (0.002) (0.002)
Potential experience 0.014*** 0.013*** 0.025** 0.017
  (0.003) (0.003) (0.012) (0.012)
Potential experience2    −0.000 0.000
    (0.001) (0.001)
Potential experience3    −0.000 −0.000
    (0.000) (0.000)
Employer tenure >1 −0.123** −0.111** −0.107* −0.056
  (0.049) (0.055) (0.060) (0.066)
Married 0.173*** 0.141*** 0.132*** 0.115**
  (0.047) (0.047) (0.050) (0.049)
Education 0.105*** 0.104*** −0.095*** −0.100***
  (0.008) (0.008) (0.032) (0.031)
Education2    0.010*** 0.010***
    (0.002) (0.002)
Province unemployment −0.015 −0.017 −0.022 −0.024
Rate (0.017) (0.017) (0.017) (0.017)
Observations 1616 1616 1616 1616
R-squared 0.299 0.293 0.320 0.314
Durbin-Wu-Hausman tests of endogeneity     
Chi2   0.008   0.007
F   0.009   0.008
  1. Notes: Robust standard errors in parentheses; ***p < 0.01, **p < 0.05, *p < 0.1. Occupation, industry, province, and year fixed effects are included. Cols. 3 and 4 include employer tenure squared, potential experience squared and cubed, and education squared