Table 12 The impact of overall unemployment rate growth on age-specific unemployment rate growth
| Â | (1) | (2) | (3) | (4) | (5) |
|---|---|---|---|---|---|
VARIABLES | ΔUE15-24, t | ΔUE25-34, t | ΔUE45-54, t | ΔUE15-24, t -ΔUE45-54, t | ΔUE25-34, t -ΔUE45-,54, t |
ΔUnemployment rateall ages, t | 1.739 (0.137) | 1.185 (0.050) | 0.724 (0.051) | 1.015 (0.162) | 0.460 (0.075) |
Employment Protection Legislation t-1 | −0.004 (0.094) | −0.005 (0.034) | 0.010 (0.035) | −0.014 (0.111) | −0.014 (0.051) |
BenefitDuration t-1 | 0.064 (0.070) | −0.007 (0.025) | −0.028 (0.026) | 0.092 (0.083) | 0.021 (0.038) |
Benefit Replacement Ratio t-1 | −0.218 (0.152) | 0.031 (0.055) | 0.085 (0.057) | −0.303 (0.180) | −0.054 (0.083) |
UnionDensity t-1 | 0.060 (0.062) | −0.031 (0.022) | −0.007 (0.023) | 0.067 (0.073) | −0.024 (0.034) |
UnionCoverage t-1 | −0.019 (0.093) | 0.003 (0.034) | 0.003 (0.035) | −0.022 (0.110) | −0.000 (0.051) |
Centralization t-1 | 0.086 (0.098) | −0.023 (0.035) | −0.019 (0.037) | 0.104 (0.116) | −0.004 (0.054) |
Coordination t-1 | −0.081 (0.083) | 0.031 (0.030) | −0.009 (0.031) | −0.072 (0.098) | 0.040 (0.046) |
Employment Protection Legislation t-1×ΔUEall ages, t | 0.402 (0.170) | 0.023 (0.061) | −0.125 (0.063) | 0.527 (0.201) | 0.148 (0.093) |
BenefitDuration t-1×ΔUEall ages, t | 0.146 (0.145) | −0.092 (0.052) | −0.022 (0.054) | 0.168 (0.171) | −0.070 (0.079) |
Benefit Replacement Ratio t-1×ΔUEall ages, t | −0.698 (0.380) | 0.155 (0.138) | 0.210 (0.142) | −0.907 (0.450) | −0.055 (0.208) |
UnionDensity t-1×ΔUEall ages, t | 0.005 (0.098) | 0.079 (0.036) | −0.023 (0.037) | 0.028 (0.116) | 0.103 (0.054) |
UnionCoverage t-1×ΔUEall ages, t | 0.060 (0.281) | −0.016 (0.102) | −0.022 (0.105) | 0.082 (0.332) | 0.005 (0.154) |
Centralization t-1×ΔUEall ages, t | 0.246 (0.332) | −0.214 (0.120) | −0.009 (0.124) | 0.255 (0.392) | −0.205 (0.182) |
Coordination t-1×ΔUEall ages, t | −0.332 (0.367) | 0.135 (0.133) | 0.058 (0.137) | −0.389 (0.434) | 0.078 (0.201) |
Δln(15-24population) | −3.906 (3.235) | 1.799 (1.172) | −1.926 (1.207) | −1.981 (3.828) | 3.725 (1.772) |
Δln(25-34population) | −3.702 (2.756) | −0.429 (0.999) | 0.160 (1.028) | −3.863 (3.261) | −0.590 (1.510) |
Constant | 7.663 (5.250) | −1.350 (1.902) | 1.765 (1.958) | 5.898 (6.212) | −3.115 (2.876) |
Observations | 489 | 489 | 489 | 489 | 489 |
Number of countries | 18 | 18 | 18 | 18 | 18 |