CNCs and High-Tech Workers’ Wage across Job Tenure (LEHD)
| Dependent Variable: Log of Wage at xth Quarter | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Initial Wage (1) | 4th Qtr. (2) | 8th Qtr. (3) | 12th Qtr. (4) | 16th Qtr. (5) | 20th Qtr. (6) | 24th Qtr. (7) | 28th Qtr. (8) | 32nd Qtr. (9) | |
| Tech × CNC score | -0.0259*** | -0.0057*** | -0.0066*** | -0.0068*** | -0.0069*** | -0.0061*** | -0.0054*** | -0.0061*** | -0.0057*** |
| (0.0019) | (0.0006) | (0.0006) | (0.0007) | (0.0008) | (0.0008) | (0.0009) | (0.0012) | (0.0016) | |
| Observations | 13,205,400 | 10,904,200 | 7,397,200 | 5,399,500 | 4,048,400 | 3,145,300 | 2,478,900 | 1,858,400 | ,1412,600 |
| R-squared | 0.1853 | 0.6726 | 0.6090 | 0.5764 | 0.5570 | 0.5429 | 0.5323 | 0.5237 | 0.5114 |
| Fixed effects | State + [Industry – Starting Year – Firm Size – Starting Age – Sex] | State + [Industry – Starting Year – Firm Size – Starting Wage – Starting Age – Sex] | |||||||
| Sample | All continuing jobs in the quarter | ||||||||
Notes: This table reports the differential effect of CNC enforceability on wage across job tenure by industry (high-tech jobs vs. nontech jobs). The dependent variables are the log of monthly earnings at 4th,…, 32nd quarter of the job spell. CNC score is measured as the 2009 CNC enforceability index scores. Data are from the LEHD (1991–2008). All standard errors are clustered by state.
* p < 0.10,
** p < 0.05,
↵*** p < 0.01.