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Table 7 Relationship between separations 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

 

Separations2009

Separations 2009

Separations 2011

Separations 2011

Separations 2013

Separations 2013

(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

−0.0110 (0.0344)

0.0722 (0.0556)

0.0843 (0.100)

0.375** (0.190)

0.238 (0.222)

0.596* (0.370)

Overtime hour per wrk2008

−0.00130 (0.00528)

0.0227* (0.0138)

0.0234 (0.0212)

0.124** (0.0481)

0.0480 (0.0430)

0.0990 (0.0625)

Value added per wrk2008

−6.73e−06 (0.000100)

0.000126 (0.000333)

−0.000570 (0.000393)

−8.00e−05 (0.000846)

−0.00110 (0.000917)

−0.00158 (0.00113)

Firms’ size, sector and province dummies, age

Yes

Yes

Yes

Yes

Yes

Yes

Adj. R 2

0.198

0.344

0.254

0.405

0.175

0.426

N

898

894

663

658

513

506

  1. Source: Separations2011and Separations2013are 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 errors in parenthesis
  2. *p < 0.1; **p < 0.05; ***p < 0.01