Table A5 Labour force participation...

Table A5

Labour force participation equation with binary indicators: control variables and country dummy variables, whole sample

	Inheritance			Gift
	Coeff.	R.s.e.	P-value	Coeff.	R.s.e.	P-value
Female	−0.037	0.005	0.000	−0.037	0.005	0.000
Age 25–34	base-category
Age 35–44	0.013	0.008	0.103	0.012	0.008	0.118
Age 45–54	−0.029	0.009	0.001	−0.030	0.009	0.000
Age 54–59	−0.149	0.013	0.000	−0.150	0.013	0.000
Low education	base-category
Medium education	0.013	0.012	0.255	0.013	0.012	0.246
High education	0.039	0.011	0.001	0.040	0.011	0.000
Spouse at work	0.027	0.006	0.000	0.028	0.007	0.000
Married	−0.013	0.006	0.045	−0.013	0.006	0.044
Number of children 0–6	−0.021	0.005	0.000	−0.021	0.005	0.000
Born in foreign country	0.022	0.010	0.026	0.021	0.010	0.032
Work experience/potential work experience	0.008	0.001	0.000	0.008	0.001	0.000
Work experience/potential work experience square	0.000	0.000	0.000	0.000	0.000	0.000
Unemployment rate in 2013	0.029	0.006	0.000	0.029	0.006	0.000
Austria	base-category
Belgium	−0.058	0.018	0.001	−0.057	0.018	0.001
Germany	0.008	0.009	0.371	0.008	0.009	0.398
Estonia	−0.118	0.021	0.000	−0.119	0.021	0.000
France	−0.101	0.023	0.000	−0.100	0.023	0.000
Hungary	−0.124	0.025	0.000	−0.125	0.025	0.000
Ireland	−0.252	0.041	0.000	−0.253	0.042	0.000
Luxembourg	−0.072	0.013	0.000	−0.073	0.013	0.000
Latvia	−0.166	0.039	0.000	−0.167	0.039	0.000
The Netherland	−0.050	0.015	0.001	−0.051	0.016	0.001
Poland	−0.144	0.025	0.000	−0.144	0.025	0.000
Portugal	−0.285	0.060	0.000	−0.286	0.060	0.000
Slovenjia	−0.108	0.028	0.000	−0.109	0.028	0.000
Slovak Republic	−0.216	0.047	0.000	−0.217	0.048	0.000
Constant	0.276	0.048	0.000	0.277	0.048	0.000

	Inheritance			Gift
	Coeff.	R.s.e.	P-value	Coeff.	R.s.e.	P-value
Female	−0.037	0.005	0.000	−0.037	0.005	0.000
Age 25–34	base-category
Age 35–44	0.013	0.008	0.103	0.012	0.008	0.118
Age 45–54	−0.029	0.009	0.001	−0.030	0.009	0.000
Age 54–59	−0.149	0.013	0.000	−0.150	0.013	0.000
Low education	base-category
Medium education	0.013	0.012	0.255	0.013	0.012	0.246
High education	0.039	0.011	0.001	0.040	0.011	0.000
Spouse at work	0.027	0.006	0.000	0.028	0.007	0.000
Married	−0.013	0.006	0.045	−0.013	0.006	0.044
Number of children 0–6	−0.021	0.005	0.000	−0.021	0.005	0.000
Born in foreign country	0.022	0.010	0.026	0.021	0.010	0.032
Work experience/potential work experience	0.008	0.001	0.000	0.008	0.001	0.000
Work experience/potential work experience square	0.000	0.000	0.000	0.000	0.000	0.000
Unemployment rate in 2013	0.029	0.006	0.000	0.029	0.006	0.000
Austria	base-category
Belgium	−0.058	0.018	0.001	−0.057	0.018	0.001
Germany	0.008	0.009	0.371	0.008	0.009	0.398
Estonia	−0.118	0.021	0.000	−0.119	0.021	0.000
France	−0.101	0.023	0.000	−0.100	0.023	0.000
Hungary	−0.124	0.025	0.000	−0.125	0.025	0.000
Ireland	−0.252	0.041	0.000	−0.253	0.042	0.000
Luxembourg	−0.072	0.013	0.000	−0.073	0.013	0.000
Latvia	−0.166	0.039	0.000	−0.167	0.039	0.000
The Netherland	−0.050	0.015	0.001	−0.051	0.016	0.001
Poland	−0.144	0.025	0.000	−0.144	0.025	0.000
Portugal	−0.285	0.060	0.000	−0.286	0.060	0.000
Slovenjia	−0.108	0.028	0.000	−0.109	0.028	0.000
Slovak Republic	−0.216	0.047	0.000	−0.217	0.048	0.000
Constant	0.276	0.048	0.000	0.277	0.048	0.000

Source(s): Own elaborations based on HFCS data