Table 1

Association Between Job Substitutability and Wage—Private Sector Male Employees

Outcome: Log of Wage
(1)(2)(3)(4)(5)(6)
Unique job0.080***0.031***0.023***0.020***0.025***0.023***
(0.007)(0.001)(0.001)(0.001)(0.001)(0.001)
Year FENoYesYesYesN/AN/A
Workplace FENoYesYesN/AN/AYes
Occupation FENoYesYesN/AYesN/A
CovariatesNoNoYesYesYesYes
Workplace × Occupation FENoNoNoYesNoNo
Workplace × Year FENoNoNoNoYesNo
Occupation × Year FENoNoNoNoNoYes
Observations9,962,0299,962,0299,940,0029,940,0029,940,0029,940,002
  • Notes: Standard errors clustered on workplace in parentheses. Covariates include years of education, age, age-squared, and number of children living at home. The period is 1997–2013. The outcome is the log of the full-time equivalent monthly wage. The independent variable is an indicator of having less than or equal to five coworkers in the same occupation. There are 17 year fixed effects, 84,537 workplace fixed effects, and 113 occupation fixed effects. Estimations are performed on private sector male employees. Significance: *p < 0.1, **p < 0.05, ***p < 0.01.