Table 8 Macro correlates of the predicted transition duration from school to work and the probability of never attaining employment (without region fixed effects)
(1) | (2) | (3) | (4) | (5) | (6) | (7) | (8) | |
|---|---|---|---|---|---|---|---|---|
Average duration from school to employment | Average duration from school to stable employment | Probability of never attaining employment | Probability of never attaining stable employment | |||||
log GDP | −1.470 | 0.117 | −27.208 | 4.079 | −0.061 | 0.097 | −0.022 | 0.034 |
(6.588) | (18.655) | (23.128) | (63.607) | (0.064) | (0.106) | (0.098) | (0.171) | |
Pop. growth | 16.821** | 18.269 | 43.807* | 54.078 | −0.049 | 0.053 | −0.017 | 0.061 |
(5.869) | (12.659) | (20.606) | (43.161) | (0.042) | (0.071) | (0.064) | (0.114) | |
Poverty rate | −17.330*** | −17.440** | −47.489** | −50.363** | −0.003 | −0.037 | 0.140** | 0.164** |
(5.778) | (6.391) | (20.284) | (21.791) | (0.037) | (0.043) | (0.058) | (0.070) | |
Minimum wage | 6.662 | 7.053 | 23.178 | 25.161 | 0.002 | 0.037 | −0.009 | 0.000 |
(4.001) | (5.145) | (14.047) | (17.543) | (0.025) | (0.031) | (0.039) | (0.050) | |
UI | 5.821* | 5.961 | 25.255** | 24.136* | −0.035 | −0.040 | −0.061* | −0.037 |
(3.057) | (3.407) | (10.732) | (11.616) | (0.020) | (0.023) | (0.031) | (0.037) | |
Years compulsory educ. | −0.068 | −8.598 | −0.042 | 0.032 | ||||
(3.225) | (10.995) | (0.032) | (0.051) | |||||
Observations | 22 | 22 | 22 | 22 | 21 | 21 | 21 | 21 |
R 2 | 0.611 | 0.612 | 0.573 | 0.598 | 0.282 | 0.448 | 0.829 | 0.856 |