Table 19 Macro correlates of the predicted transition duration from school—including Europe

log GDP

2.152

3.354

−18.188

−10.959

−14.224**

−16.978*

−0.489

−8.367

(3.792)

(3.945)

(11.854)

(11.828)

(6.668)

(8.294)

(21.836)

(25.427)

Pop. growth

12.023**

12.325**

31.240**

35.424**

−3.265

−2.771

−1.737

3.279

(4.419)

(4.505)

(13.814)

(13.509)

(4.745)

(5.012)

(15.540)

(15.364)

Poverty rate

−11.144**

−14.015**

−30.190*

−41.364**

−13.193**

−10.661*

5.235

15.898

(4.776)

(5.050)

(14.931)

(15.142)

(4.955)

(5.953)

(16.227)

(18.250)

Minimum wage

4.163

4.172

13.540

12.604

4.428*

4.161*

2.273

1.135

(3.043)

(3.028)

(9.511)

(9.079)

(2.136)

(2.213)

(6.996)

(6.784)

UI

5.281*

5.344

23.974**

28.423***

6.015***

4.908*

21.865***

17.306**

(2.819)

(3.162)

(8.811)

(9.481)

(1.942)

(2.426)

(6.361)

(7.439)

Years compulsory educ.

−5.485

−22.298**

0.499

−7.905

(3.465)

(10.389)

(5.348)

(16.397)

Observations

34

34

34

34

34

34

34

34

R ²

0.409

0.467

0.521

0.603

0.801

0.811

0.823

0.852

Region fixed effects

NO

NO

NO

NO

YES

YES

YES

YES