Misperceptions of unemployment and individual labor market outcomes

Table 5 Misperceptions of unemployment, interval regression

	(1)	(2)
Educ. upper second.	−4.179***	−4.063***
	(.542)	(.541)
Educ. tertiary	−7.763***	−7.810***
	(.548)	(.549)
Ability1	−3.030***	−3.012***
	(.886)	(.890)
Ability2	−1.662***	−1.678***
	(.452)	(.453)
Unemployed	5.604***	5.799***
	(.758)	(.755)
Female	4.762***	4.786***
	(.357)	(.357)
Age	−.514***	−.510***
	(.096)	(.096)
Age sq.	.005***	.005***
	(.001)	(.001)
Region. unempl. rate	.321***
	(.058)
Diff. reg. and national unempl. rate (abs. value)		.237**
		(.098)
Const.	30.192***	31.857***
	(2.119)	(2.108)
Obs.	10506	10506
Log L	−31981.8	−32000.9
σ	12.9	12.9

Source: Computations are based on ESS (2008). Notes: ability1 equals one if the respondent understood the questions very often or often and zero otherwise; ability2 equals one if the respondent never or almost never required clarifications on the questions and zero otherwise. The interval regression uses ESS post-stratification weights combined with population size weights. Robust standard errors are in parenthesis. The computations are performed on the active population sample (employed and unemployed respondents) in the 12 countries with available data on regional unemployment rates. Asterisks indicate statistically significant parameters at ** 5% and *** 1% levels