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) | 0.060** | 0.047** | 0.118** | 0.037 | 0.048 | 0.040 | 0.059 | 0.012 | −0.020 | −0.004 | 0.064* | 0.030 |
(0.028) | (0.020) | (0.051) | (0.031) | (0.037) | (0.041) | (0.039) | (0.012) | (0.038) | (0.010) | (0.035) | (0.019) | |
Unemployment (difference) | 0.255*** | 0.163*** | 0.080 | 0.038 | 0.053 | 0.064 | 0.168 | 0.078 | 0.036 | 0.014 | 0.093 | 0.061 |
(0.064) | (0.054) | (0.114) | (0.043) | (0.091) | (0.072) | (0.135) | (0.061) | (0.086) | (0.023) | (0.086) | (0.047) | |
Gap growth (lag) | 0.063 | 0.030 | −0.098 | −0.017 | −0.015 | 0.019 | −0.094 | −0.008 | 0.059 | 0.023 | 0.048 | 0.019 |
(0.072) | (0.031) | (0.109) | (0.025) | (0.056) | (0.052) | (0.062) | (0.022) | (0.072) | (0.025) | (0.085) | (0.024) | |
Fiscal consolidation | 0.095 | 0.008 | −0.120 | −0.061 | 0.144 | 0.091 | −0.273 | −0.039 | 0.295 | 0.104 | 0.144 | 0.075 |
(0.294) | (0.174) | (0.379) | (0.156) | (0.288) | (0.263) | (0.510) | (0.151) | (0.319) | (0.107) | (0.290) | (0.125) | |
Fixed exchange | 0.189 | 0.013 | 0.599 | 0.024 | 0.278 | 0.097 | 0.778* | 0.137 | 0.798** | 0.170** | 0.401 | 0.082 |
(0.310) | (0.101) | (0.532) | (0.076) | (0.355) | (0.190) | (0.399) | (0.107) | (0.356) | (0.077) | (0.355) | (0.096) | |
Election year | 0.017 | 0.042 | −0.911* | −0.038 | −0.033 | −0.054 | −0.054 | −0.040 | 0.142 | 0.018 | −0.371 | −0.092 |
(0.418) | (0.122) | (0.507) | (0.076) | (0.257) | (0.143) | (0.354) | (0.089) | (0.343) | (0.089) | (0.396) | (0.097) | |
Post-election | 0.454 | 0.198 | 0.611* | 0.154 | −0.116 | 0.005 | −0.145 | −0.128 | 0.084 | 0.029 | −0.016 | 0.020 |
(0.295) | (0.131) | (0.333) | (0.095) | (0.324) | (0.192) | (0.579) | (0.153) | (0.333) | (0.093) | (0.337) | (0.114) | |
Ideology | 0.106 | 0.006 | −0.383 | −0.068 | 0.432 | 0.136 | 0.418 | 0.031 | 0.739** | 0.150 | 0.656* | 0.174 |
(0.315) | (0.111) | (0.403) | (0.068) | (0.294) | (0.151) | (0.325) | (0.069) | (0.343) | (0.092) | (0.337) | (0.118) | |
GDP per capita (log, 2007) | −0.762** | −0.100 | −0.453 | −0.004 | −0.521 | −0.232 | −0.857** | −0.111 | −1.122*** | −0.191*** | −0.604* | −0.097 |
(0.328) | (0.128) | (0.735) | (0.200) | (0.343) | (0.196) | (0.425) | (0.104) | (0.369) | (0.062) | (0.355) | (0.109) | |
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 | 0.1183 | 0.1948 | 0.1830 | 0.1307 | 0.0736 | 0.1194 | 0.1056 | 0.0715 | 0.1715 | 0.1456 | 0.0997 | 0.1416 |
N | 245 | 245 | 245 | 245 | 245 | 245 | 245 | 245 | 245 | 245 | 245 | 245 |