Table 5 Robustness check controlling for...

Table 5

Robustness check controlling for individual time trends

	(1)	(2)	(3)
	Log hourly wage	Job change	Promotion
Training	0.006	−0.014	−0.000
Training	(0.009)	(0.015)	(0.004)
New Technology	−0.008	−0.016	0.004
New Technology	(0.009)	(0.016)	(0.004)
Training × New Tech	0.008	0.018	0.003
Training × New Tech	(0.014)	(0.024)	(0.007)
Year dummies	Yes	Yes	Yes
Individual and job characteristics	Yes	Yes	Yes
Individual fixed effects	Yes	Yes	Yes
Individual time trends	Yes	Yes	Yes
Observations	30,475	28,673	28,673
R²	0.946	0.769	0.675

	(1)	(2)	(3)
	Log hourly wage	Job change	Promotion
Training	0.006	−0.014	−0.000
Training	(0.009)	(0.015)	(0.004)
New Technology	−0.008	−0.016	0.004
New Technology	(0.009)	(0.016)	(0.004)
Training × New Tech	0.008	0.018	0.003
Training × New Tech	(0.014)	(0.024)	(0.007)
Year dummies	Yes	Yes	Yes
Individual and job characteristics	Yes	Yes	Yes
Individual fixed effects	Yes	Yes	Yes
Individual time trends	Yes	Yes	Yes
Observations	30,475	28,673	28,673
R²	0.946	0.769	0.675

Note(s): Clustered standard errors in parentheses. *p < 0.10, **p < 0.05, ***p < 0.01

Job change is a dummy indicating a job change between the preceding and the current wave, either within the firm or to another firm (conditional on employment in both waves). Promotion indicates a job change within the same firm between the preceding and the current wave (conditional on employment in the same firm in both waves). Individual and job characteristics refer to the variables listed in Table 1

Source(s): Authors’ own work

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