Table A4

Multinomial endogenous treatment model, controlling for registered local unemployment rate

Registered local unemployment rate forWhole populationYoung individuals (16–24)
OutcomeEmployedPermanent contractSpecific degree requiredEmployedPermanent contractSpecific degree required
Full-time studentReference categoryReference category
Part-time job – related0.063*** (0.011)0.212*** (0.028)0.060 (0.068)0.063*** (0.011)0.211*** (0.029)0.059 (0.061)
Part-time job – not related−0.204*** (0.010)0.037 (0.029)−0.422*** (0.029)−0.204*** (0.010)0.042 (0.031)−0.423*** (0.026)
Full-time job – related0.052*** (0.008)0.377*** (0.021)0.026 (0.032)0.052*** (0.008)0.377*** (0.021)0.026 (0.028)
Full-time job – not related0.010 (0.012)0.051 (0.046)−0.154*** (0.034)0.010 (0.012)0.051 (0.047)−0.157*** (0.030)
Local unemployment rate in survey year0.000 (0.000)0.000 (0.000)−0.000 (0.000)−0.015 (0.029)−0.057 (0.046)0.083* (0.049)
λ2−0.050*** (0.007)−0.177*** (0.032)−0.039 (0.081)−0.050*** (0.007)−0.177*** (0.033)−0.033 (0.064)
λ30.273*** (0.007)0.038 (0.034)0.452*** (0.034)0.273*** (0.007)0.034 (0.035)0.455*** (0.026)
λ4−0.016** (0.008)−0.321*** (0.022)−0.003 (0.027)−0.016** (0.008)−0.320*** (0.022)−0.001 (0.018)
λ5−0.006 (0.009)0.050 (0.049)−0.003 (0.023)−0.006 (0.009)0.051 (0.050)0.001 (0.016)
Number of observations24,70421,87021,88324,70421,87021,883

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). Registered local unemployment rate represents the number of individuals registered as unemployment in all municipalities located within a radius of 30 km over the corresponding population of reference

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