Table 5 Returns to tenure by sector
Dependent variable | (1) | (2) |
|---|---|---|
Log hourly wage | OLS | IV |
Employer tenure | 0.005 | 0.026* |
(0.011) | (0.015) | |
Occupation tenure | −0.013 | −0.012 |
(0.008) | (0.012) | |
Industry tenure | 0.004 | 0.006 |
(0.010) | (0.014) | |
Potential experience | 0.014*** | 0.013*** |
(0.003) | (0.003) | |
Sector tenure | 0.025** | 0.035** |
(0.010) | (0.015) | |
Informal × sector tenure | −0.027** | −0.044*** |
(0.011) | (0.015) | |
Informal | −0.065 | 0.014 |
(0.058) | (0.063) | |
Employer tenure >1 | −0.115** | −0.104* |
(0.049) | (0.056) | |
Married | 0.169*** | 0.132*** |
(0.047) | (0.047) | |
Education | 0.100*** | 0.099*** |
(0.009) | (0.009) | |
Province unemployment | −0.016 | −0.018 |
Rate | (0.017) | (0.017) |
Observations | 1616 | 1616 |
R-squared | 0.309 | 0.301 |
Durbin-Wu-Hausman tests of endogeneity | ||
Chi2 | 0.006 | |
F | 0.007 | |