Decomposition of the Wage Loss Variation into the Contribution of Firm, Match Quality, and Job Title Fixed Effects: Alternative Model Specification—Using a Random Trend Model
Decomposition of the Wage Loss into | ||||||
---|---|---|---|---|---|---|
Wage Loss | Firm FE | Match Quality FE | Job Title FE | |||
Period | ![]() | ![]() | ![]() | ![]() | ![]() | ![]() |
(1) | (2) | (3) | (4) | (5) | (6) | |
Specification 3 | ||||||
Net | −0.037 | 0.000 | −0.037 | −0.016 | −0.012 | −0.009 |
(0.000) | (0.000) | (0.000) | (0.000) | |||
R2 | 0.93 | 0.94 | 0.99 | 0.99 | 0.97 |
Notes: See the notes to Table 4. We report the wage loss estimates following a simple reparametrization providing the net effect—row labeled “Net.” The total number of observations equals 16,731,112. The random trend model adds an individual-specific time trend to the base and full models.