From: Drivers and effects of labour market reforms: Evidence from a novel policy compendium
NBREG | OLS | NBREG | OLS | NBREG | OLS | NBREG | OLS | |
---|---|---|---|---|---|---|---|---|
Unemployment (lag) | 0.043*** | 0.062** | 0.042*** | 0.054** | 0.091 | 0.119 | ||
(0.012) | (0.027) | (0.014) | (0.027) | (0.076) | (0.160) | |||
Unemployment (difference) | 0.102** | 0.293** | 0.096* | 0.263* | 0.107 | 0.269* | ||
(0.051) | (0.134) | (0.056) | (0.137) | (0.078) | (0.154) | |||
Gap growth (lag) | 0.033 | 0.030 | 0.030 | 0.024 | 0.020 | 0.008 | 0.042 | 0.034 |
(0.027) | (0.027) | (0.026) | (0.026) | (0.024) | (0.021) | (0.032) | (0.029) | |
Fiscal consolidation | 0.275* | 0.367* | 0.333** | 0.433** | 0.296** | 0.376 | 0.136 | 0.192 |
(0.143) | (0.217) | (0.139) | (0.213) | (0.146) | (0.232) | (0.185) | (0.319) | |
Fixed exchange | 0.382* | 0.685** | 0.484** | 0.802** | 0.454** | 0.808** | 0.891*** | 0.842*** |
(0.223) | (0.338) | (0.232) | (0.369) | (0.230) | (0.372) | (0.233) | (0.174) | |
Election year | −0.087 | −0.127 | −0.093 | −0.134 | −0.106 | −0.115 | −0.047 | −0.109 |
(0.153) | (0.169) | (0.154) | (0.172) | (0.155) | (0.163) | (0.182) | (0.196) | |
Post-election | −0.113 | 0.051 | −0.108 | 0.028 | −0.123 | 0.049 | −0.040 | 0.052 |
(0.151) | (0.210) | (0.149) | (0.206) | (0.152) | (0.213) | (0.164) | (0.234) | |
Ideology | 0.237* | 0.145 | 0.264* | 0.224 | 0.263* | 0.219 | 0.118 | −0.238 |
(0.137) | (0.193) | (0.136) | (0.186) | (0.143) | (0.196) | (0.201) | (0.427) | |
GDP per capita (log, 2007) | −0.147 | −0.196* | −0.119 | −0.128 | −0.140 | −0.182 | −1.133 | −0.262 |
(0.131) | (0.115) | (0.128) | (0.097) | (0.131) | (0.110) | (1.282) | (2.595) | |
Year dummies | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
Regional dummies | Yes | Yes | Yes | Yes | Yes | Yes | No | No |
Country dummies | No | No | No | No | No | No | Yes | Yes |
(Pseudo) R-squared | 0.1031 | 0.1906 | 0.0969 | 0.1724 | 0.1009 | 0.1683 | 0.1776 | 0.3475 |
N | 665 | 665 | 665 | 665 | 665 | 665 | 665 | 665 |