From: Drivers and effects of labour market reforms: Evidence from a novel policy compendium
Collective bargaining | Collective dismissals | Permanent contracts | Temporary contracts | Other forms of employment | Working hours | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|
NBREG | OLS | NBREG | OLS | NBREG | OLS | NBREG | OLS | NBREG | OLS | NBREG | OLS | |
Unemployment (lag) | 0.046*** | 0.015** | 0.110*** | 0.013* | 0.041** | 0.015 | 0.059*** | 0.008*** | −0.024 | 0.002 | 0.055** | 0.009* |
(0.015) | (0.006) | (0.023) | (0.007) | (0.020) | (0.009) | (0.020) | (0.003) | (0.033) | (0.002) | (0.028) | (0.005) | |
Unemployment (difference) | 0.200*** | 0.097** | 0.090 | 0.031 | −0.001 | 0.050 | 0.166 | 0.049 | 0.072 | 0.016 | 0.130* | 0.050* |
(0.053) | (0.040) | (0.083) | (0.027) | (0.080) | (0.046) | (0.101) | (0.034) | (0.087) | (0.014) | (0.071) | (0.029) | |
Gap growth (lag) | 0.054 | 0.012 | −0.016 | −0.000 | 0.023 | 0.007 | 0.001 | 0.001 | 0.047 | 0.004 | 0.076 | 0.006 |
(0.042) | (0.009) | (0.074) | (0.005) | (0.039) | (0.010) | (0.048) | (0.006) | (0.061) | (0.005) | (0.070) | (0.005) | |
Fiscal consolidation | 0.175 | 0.067 | 0.166 | 0.023 | 0.292 | 0.105 | 0.137 | 0.027 | 0.334 | 0.058 | 0.353 | 0.087* |
(0.214) | (0.070) | (0.322) | (0.037) | (0.215) | (0.084) | (0.331) | (0.054) | (0.304) | (0.041) | (0.276) | (0.045) | |
Fixed exchange | 0.316 | 0.122 | 0.527 | 0.072 | 0.244 | 0.121 | 0.575 | 0.127 | 0.734** | 0.123** | 0.389 | 0.122* |
(0.270) | (0.081) | (0.547) | (0.058) | (0.289) | (0.130) | (0.380) | (0.091) | (0.346) | (0.057) | (0.359) | (0.069) | |
Election year | −0.227 | −0.052 | −0.366 | −0.019 | −0.149 | −0.043 | 0.393 | 0.017 | 0.085 | 0.008 | −0.275 | −0.037 |
(0.242) | (0.054) | (0.385) | (0.026) | (0.218) | (0.059) | (0.273) | (0.044) | (0.328) | (0.036) | (0.356) | (0.038) | |
Post-election | 0.062 | 0.043 | 0.441 | 0.063 | −0.312 | −0.035 | −0.178 | −0.048 | 0.083 | 0.013 | 0.005 | 0.016 |
(0.207) | (0.062) | (0.277) | (0.039) | (0.252) | (0.085) | (0.390) | (0.058) | (0.315) | (0.041) | (0.323) | (0.043) | |
Ideology | 0.147 | 0.037 | −0.379 | −0.031 | 0.204 | 0.032 | 0.090 | 0.003 | 0.578* | 0.050 | 0.498 | 0.054 |
(0.216) | (0.069) | (0.326) | (0.034) | (0.210) | (0.066) | (0.238) | (0.029) | (0.319) | (0.039) | (0.306) | (0.051) | |
GDP per capita (log, 2007) | −0.314** | −0.069** | −0.362 | −0.029 | −0.082 | −0.045 | −0.042 | −0.014 | −0.643* | −0.016 | −0.188 | −0.021 |
(0.153) | (0.033) | (0.419) | (0.024) | (0.182) | (0.039) | (0.229) | (0.020) | (0.361) | (0.016) | (0.362) | (0.021) | |
Year dummies | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
Country dummies | No | No | No | No | No | No | No | No | No | No | No | No |
Regional dummies | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
(Pseudo) R-squared | 0.0672 | 0.0912 | 0.2219 | 0.0919 | 0.1232 | 0.1246 | 0.0978 | 0.0544 | 0.2485 | 0.1186 | 0.2392 | 0.1560 |
N | 665 | 665 | 665 | 665 | 665 | 665 | 665 | 665 | 665 | 665 | 665 | 665 |