Table 4

Structural Employment Probability Equation Estimates

1 Type2 Types
Prev. EmployedPrev. NonemployedPrev. EmployedPrev. Nonemployed
VariableCoeff.SECoeff.SECoeff.SECoeff.SE
Constant1.3056***0.22200.25660.22370.9812***0.22410.5035***0.2264
Experience0.0858***0.00910.0359***0.00860.0847***0.00920.0366***0.0087
Experience2/100-0.1228***0.0208-0.02850.0219-0.1224***0.0211-0.03100.0221
Lagged local unempl. rate-0.0314***0.0104-0.0922***0.0110-0.0342***0.0105-0.0937***0.0111
Mover dummy-0.9257***0.12800.19290.1557-1.0483***0.13000.23590.1572
Unobserved type 10.7958***0.0400-0.5751***0.0429
Location fixed effects
Observations30,8989,94930,8989,949
Persons12,0136,08712,0136,087
  • Notes: Reported numbers are coefficients from logit regressions conditional on previous employment status.

  • * p < 0.10,

  • ** p < 0.05,

  • *** p < 0.01.