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Table 8 Wage premium regressions for Lebanon self-employed vs. informal employees

From: Informality and exclusion: evidence from matched employer-employee data for Lebanon and Syria

Dependent variable log earnings per hour

(1)

(2)

Self-employed

0.2674***

0.2597***

 

(0.0470)

(0.0453)

Female

-0.1473***

-0.1350***

 

(0.0517)

(0.0504)

Years of education

0.0199***

0.0163***

 

(0.0042)

(0.0044)

Age

0.0239***

0.0243***

 

(0.0081)

(0.0084)

Age2

-0.0003***

-0.0003**

 

(0.0001)

(0.0001)

Cognitive score quintile 2

 

0.0667

  

(0.0546)

Cognitive score quintile 3

 

0.1227**

  

(0.0583)

Cognitive score quintile 4

 

0.1444**

  

(0.0635)

Cognitive score quintile 5

 

0.1046

  

(0.0663)

Open to experience

 

0.0357

  

(0.0404)

Conscientious

 

-0.0585

  

(0.0388)

Extravert

 

0.0525

  

(0.0410)

Agreeable

 

-0.1340***

  

(0.0405)

Emotionally stable

 

0.1090***

  

(0.0416)

Constant

0.8893***

0.8492***

 

(0.1913)

(0.1943)

Observations

759

734

R-squared

0.2101

0.2543

  1. Note: Robust standard errors in parentheses. *** p < 0.01, ** p < 0.05, * p < 0.1. Regression (2) includes industry and region dummies.