Table 9 Macro correlates of the predicted transition duration from school to work and the probability of never attaining employment (with region fixed effects)

log GDP

−15.094

−28.244

17.717

12.575

−0.103

−0.034

−0.019

0.032

(10.964)

(17.010)

(37.331)

(58.410)

(0.071)

(0.126)

(0.131)

(0.240)

Pop. growth

−0.969

−10.594

19.071

16.256

−0.060

0.014

0.180

0.210

(11.156)

(14.876)

(37.985)

(51.083)

(0.073)

(0.124)

(0.134)

(0.236)

Poverty rate

−14.082*

−11.851

10.680

10.229

−0.012

−0.040

0.178*

0.174

(7.083)

(7.653)

(24.116)

(26.279)

(0.046)

(0.061)

(0.086)

(0.115)

Minimum wage

5.473

3.246

3.217

2.275

0.025

0.047

0.036

0.041

(3.926)

(4.561)

(13.366)

(15.663)

(0.026)

(0.040)

(0.049)

(0.076)

UI

6.202**

5.315*

21.096**

21.064*

−0.037*

−0.044

−0.063

−0.056

(2.624)

(2.842)

(8.935)

(9.761)

(0.020)

(0.024)

(0.036)

(0.047)

Years compulsory educ.

0.964

−7.875

−0.032

0.003

(3.267)

(11.219)

(0.040)

(0.075)

Observations

22

22

22

22

21

21

21

21

R ²

0.821

0.849

0.815

0.842

0.663

0.693

0.885

0.889