Table A3

Multinomial endogenous treatment model, controlling for employment potential in the outcome equation

OutcomeEmployedPermanent contractSpecific degree required
Mixed multinomial logit estimates for employment potential (Zm)
Part-time job related vs full-time student0.564*** (0.166)0.622*** (0.180)0.628*** (0.180)
Part-time job related vs full-time student0.737*** (0.197)0.826*** (0.215)0.821*** (0.217)
Part-time job not related vs full-time student0.912*** (0.246)1.039*** (0.244)1.045*** (0.248)
Full-time job not related vs full-time student0.894** (0.389)0.975** (0.435)0.960** (0.437)
Outcome equations from the multinomial endogenous treatment model
Full-time studentreference category
Part-time job – related0.063*** (0.011)0.296*** (0.034)0.060 (0.068)
Part-time job – not related−0.204*** (0.010)0.165*** (0.038)−0.423*** (0.030)
Full-time job – related0.052*** (0.008)0.230*** (0.077)0.026 (0.032)
Full-time job – not related0.010 (0.012)−0.006 (0.152)−0.155*** (0.034)
Employment potential (Zm)−0.013 (0.015)0.037 (0.024)0.020 (0.025)
λ2−0.050*** (0.007)−0.177*** (0.031)−0.037 (0.077)
λ30.273*** (0.007)0.043 (0.033)0.453*** (0.032)
λ4−0.016** (0.008)−0.320*** (0.022)−0.002 (0.024)
λ5−0.006 (0.009)0.051 (0.048)−0.003 (0.022)
Number of observations24,70421,87021,883

Note(s): Standard errors (in parenthesis) are clustered at the municipality level; *** significant at 1%, ** significant at 5%, * significant at 10%. All regressions include controls for gender, age (in the survey year for the outcome equation, two years before graduation in the multinomial equation), highest parental education, dummies for wave and university, as well as field of study fixed effects (96 indicators for the outcome equations, 17 for the multinomial equation)

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