Nonprofit Differential Estimates
| Log Earnings | ||||||
|---|---|---|---|---|---|---|
| Cross-Sectional Difference | Within-Worker Estimates | |||||
| (1) | (2) | (3) | (4) | (5) | (6) | |
| Nonprofit | -0.069*** | -0.053*** | -0.055*** | -0.012*** | -0.010*** | -0.009*** |
| (0.001) | (0.001) | (0.001) | (0.001) | (0.001) | (0.001) | |
| Year–quarter FE | X | X | X | X | X | X |
| County FE | X | X | X | X | X | |
| Event–time FE | X | X | X | X | ||
| Worker FE | X | |||||
| Event FE | X | X | ||||
| Industry FE | X | |||||
| R2 | 0.01 | 0.02 | 0.03 | 0.81 | 0.82 | 0.82 |
| Observations | 26,919,859 | 26,919,859 | 26,919,859 | 26,919,859 | 26,919,859 | 26,919,859 |
Notes: Table is based on the estimation of Equation 2 where the dependent variable is log quarterly earnings. All sample restrictions described in Section III are imposed. Columns 1–3 provide estimates without controlling for person fixed effects (FE). Columns 4 includes a worker fixed effect, while Columns 5 and 6 include fixed effects for events, allowing a worker with multiple events a separate fixed effects for each event. Industries are grouped by three-digit NAICS codes. This table leverages 1,336,205 unique workers and 1,568,483 unique job-change events. Significance: *p < 0.05, **p < 0.01, ***p < 0.001.