Full sample | Full sample | Pre-crisis | Crisis | Full sample | |
---|---|---|---|---|---|
2004–2012 | 2004–2012 | 2004–2009 | 2010–2012 | 2004–2012 | |
(1) | (2) | (3) | (4) | (5) | |
Dep. variable: gross income per hour | |||||
Euro area pool | 0.182 ∗∗∗ | 0.074 ∗∗∗ | 0.089 ∗∗∗ | 0.048 ∗∗∗ | 0.100 ∗∗∗ |
(0.002) | (0.002) | (0.003) | (0.004) | (0.003) | |
Belgium (BE) | 0.064 ∗∗∗ | 0.005 | −0.001 | 0.018 ∗ | 0.039 ∗∗∗ |
(0.006) | (0.005) | (0.007) | (0.010) | (0.007) | |
Germany (DE) | 0.096 ∗∗∗ | 0.019 ∗∗∗ | 0.025 ∗∗∗ | 0.009 | 0.118 ∗∗∗ |
(0.006) | (0.006) | (0.008) | (0.009) | (0.005) | |
Estonia (EE) | 0.037 ∗∗∗ | 0.058 ∗∗∗ | 0.048 ∗∗∗ | 0.080 ∗∗∗ | 0.129 ∗∗∗ |
(0.010) | (0.009) | (0.011) | (0.015) | (0.014) | |
Ireland (IE) | 0.347 ∗∗∗ | 0.207 ∗∗∗ | 0.200 ∗∗∗ | 0.220 ∗∗∗ | 0.193 ∗∗∗ |
(0.009) | (0.009) | (0.011) | (0.015) | (0.012) | |
Greece (GR) | 0.382 ∗∗∗ | 0.188 ∗∗∗ | 0.207 ∗∗∗ | 0.150 ∗∗∗ | 0.110 ∗∗∗ |
(0.007) | (0.006) | (0.007) | (0.012) | (0.007) | |
Spain (ES) | 0.369 ∗∗∗ | 0.265 ∗∗∗ | 0.266 ∗∗∗ | 0.262 ∗∗∗ | 0.193 ∗∗∗ |
(0.004) | (0.004) | (0.005) | (0.007) | (0.005) | |
France (FR) | 0.045 ∗∗∗ | 0.025 ∗∗∗ | 0.047 ∗∗∗ | −0.091∗∗∗ | 0.042 ∗∗∗ |
(0.006) | (0.007) | (0.007) | (0.020) | (0.008) | |
Italy (IT) | 0.285 ∗∗∗ | 0.176 ∗∗∗ | 0.187 ∗∗∗ | 0.151 ∗∗∗ | 0.106 ∗∗∗ |
(0.003) | (0.003) | (0.004) | (0.005) | (0.004) | |
Cyprus (CY) | 0.508 ∗∗∗ | 0.390 ∗∗∗ | 0.371 ∗∗∗ | 0.417 ∗∗∗ | 0.271 ∗∗∗ |
(0.011) | (0.009) | (0.012) | (0.013) | (0.010) | |
Latvia (LV) | 0.211 ∗∗∗ | 0.111 ∗∗∗ | 0.141 ∗∗∗ | 0.073 ∗∗∗ | 0.170 ∗∗∗ |
(0.013) | (0.013) | (0.019) | (0.016) | 0.018) | |
Lithuania (LT) | 0.242 ∗∗∗ | 0.113 ∗∗∗ | 0.113 ∗∗∗ | 0.211 ∗∗∗ | 0.154 ∗∗∗ |
(0.013) | (0.015) | (0.015) | (0.023) | (0.023) | |
Luxembourg (LU) | 0.272 ∗∗∗ | 0.255 ∗∗∗ | 0.239 ∗∗∗ | 0.284 ∗∗∗ | 0.257 ∗∗∗ |
(0.012) | (0.009) | (0.012) | (0.014) | (0.012) | |
Netherlands (NL) | 0.137 ∗∗∗ | 0.093 ∗∗∗ | 0.070 ∗∗∗ | 0.128 ∗∗∗ | 0.159 ∗∗∗ |
(0.014) | (0.009) | (0.011) | (0.014) | (0.011) | |
Austria (AT) | 0.186 ∗∗∗ | 0.090 ∗∗∗ | 0.091 ∗∗∗ | 0.088 ∗∗∗ | 0.054 ∗∗∗ |
(0.006) | (0.006) | (0.006) | (0.010) | (0.008) | |
Portugal (PT) | 0.422 ∗∗∗ | 0.195 ∗∗∗ | 0.204 ∗∗∗ | 0.175 ∗∗∗ | 0.207 ∗∗∗ |
(0.008) | (0.007) | (0.008) | (0.011) | (0.009) | |
Slovenia (SI) | 0.244 ∗∗∗ | 0.109 ∗∗∗ | 0.090 ∗∗∗ | 0.135 ∗∗∗ | 0.086 ∗∗∗ |
(0.007) | (0.011) | (0.012) | (0.019) | (0.016) | |
Slovakia (SK) | 0.064 ∗∗∗ | 0.046 ∗∗∗ | 0.056 ∗∗∗ | 0.028 ∗∗∗ | 0.104 ∗∗∗ |
(0.006) | (0.006) | (0.007) | (0.010) | (0.007) | |
Czech Republic (CZ) | 0.102 ∗∗∗ | 0.087 ∗∗∗ | 0.094 ∗∗∗ | 0.073 ∗∗∗ | 0.132 ∗∗∗ |
(0.006) | (0.006) | (0.007) | (0.010) | (0.008) | |
Denmark (DK) | 0.035 ∗∗∗ | −0.058∗∗∗ | −0.064∗∗∗ | −0.041∗ | 0.027 ∗ |
(0.012) | (0.012) | (0.014) | (0.022) | (0.016) |