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Table 6 Relationship between accessions and wage rigidities-heterogeneity by the share of temporary workers in the firm in 2008

From: Wage rigidities and business cycle fluctuations: a linked employer-employee analysis

 

Accessions2009

Accessions2009

Accessions2011

Accessions2011

Accessions2013

Accessions2013

(1)

(2)

(3)

(4)

(5)

(6)

Low % temp wrks

High % temp wrks

Low % temp wrks

High % temp wrks

Low % temp wrks

High % temp wrks

Skewness2003-2008

0.00584 (0.0321)

0.129* (0.0694)

0.240** (0.116)

0.467** (0.223)

0.532** (0.255)

0.907** (0.431)

Overtime hour per wrk2008

−7.75e−05 (0.00564)

0.0344** (0.0174)

0.0303 (0.0237)

0.170*** (0.0548)

0.0540 (0.0435)

0.175** (0.0691)

Value added per wrk2008

−4.25e−05 (0.000107)

0.000320 (0.000381)

−0.000529 (0.000452)

0.000807 (0.000854)

−0.00107 (0.000946)

−0.000220 (0.00126)

Firms’ size, sector and province dummies, age

Yes

Yes

Yes

Yes

Yes

Yes

Adj. R 2

0.229

0.338

0.341

0.438

0.272

0.459

N

897

896

662

659

513

506

  1. Source: Accessions2011and Accessions2013are cumulative for the years 2009–2011 and 2009–2013. All columns include controls for: firms’ value added per worker, firms’ age, size, level of overtime hours per employee, share of temporary workers, province and sector of activity, all referring to 2008. Turnover, overtime hours and share of temporary workers are taken from the INVIND survey. Skewness from INPS data on the population of workers belonging to firms in the INVIND sample. Firm’s size, age, sector and province from INPS data on the population of firms. Value added per worker from CERVED. Low share of temporary means that the share of temporary workers in 2008 was below the median. Robust standard in parenthesis
  2. *p < 0.1; **p < 0.05; ***p < 0.01