Table A3

Wage equation estimation (wage in logarithms)

Endogenous variable:
Annual labour income (in logs)
Men & WomenMenWomen
832,985 EE obs.
R2 adj. 91.1%
SE adjusted for 640,214 clusters of workers
445,902 EE obs.
R2 adj. 91.2%
SE adjusted for 337,629 clusters of workers
387,083 EE obs.
R2 adj. 91%
SE adjusted for 302,585 clusters of workers
CoefficientRobust SEtCoefficientRobust SEtCoefficientRobust SEt
 Gender0.116***0.00183.3      
Days working in the company (logs)0.907***0.0011,081.30.917***0.001819.10.897***0.001707.6
Age (years) (logs)0.201***0.00282.20.215***0.00361.80.192***0.00355.9
Association factor (logs)0.047***0.00131.50.049***0.00314.60.086***0.00325.0
Educational level
(reference:
Master or PhD)
Architect or technical engineer0.042***0.0067.60.053***0.0077.60.027**0.0112.6
Non-university higher studies0.0170.0121.40.042**0.0182.4−0.00030.016−0.02
Bachelor's degree or university degree−0.006**0.003−2.00.0060.0051.2−0.015***0.004−3.7
University diploma−0.035***0.004−8.1−0.0010.008−0.1−0.047***0.005−9.5
Higher vocational training−0.066***0.004−17.6−0.026***0.006−4.6−0.104***0.005−21.1
Other medium degrees−0.072***0.008−9.4−0.032**0.012−2.6−0.098***0.010−10.1
High school or more−0.078***0.003−22.6−0.053***0.005−9.9−0.096***0.004−21.3
Medium vocational training−0.089***0.004−23.5−0.050***0.006−8.7−0.123***0.005−24.4
Basic studies−0.135***0.004−38.3−0.099***0.005−18.5−0.164***0.005−35.3
School graduate−0.146***0.004−35.1−0.112***0.006−18.6−0.173***0.006−29.6
No studies−0.168***0.004−44.5−0.134***0.006−23.8−0.189***0.005−36.6
Not reported−0.205***0.007−30.3−0.180***0.009−20.1−0.191***0.011−18.1
Occupation group (reference: Engineers, graduates and senior management)Administrative and workshop managers−0.170***0.004−39.7−0.182***0.006−31.4−0.153***0.006−23.6
Technical engineers, graduate assistants−0.205***0.003−73.8−0.200***0.004−44.9−0.218***0.004−60.1
 Administrative officers−0.447***0.003−143.6−0.437***0.005−90.1−0.448***0.004−111.1
 Non-graduate assistants−0.452***0.004−112.2−0.433***0.006−77.5−0.474***0.006−80.8
 1st and 2nd officers−0.582***0.003−183.3−0.595***0.005−130.2−0.563***0.005−107.2
 Subordinates−0.639***0.004−176.4−0.653***0.005−121.1−0.632***0.005−128.5
 3rd officers and specialists−0.649***0.003−196.9−0.647***0.005−136.7−0.649***0.005−137.2
 Administrative assistants−0.653***0.003−211.9−0.655***0.005−128.1−0.651***0.004−163.7
 Over 18 years unqualified or under 18 years−0.742***0.003−228.1−0.750***0.005−157.1−0.720***0.004−160.7
Activity sector (reference: Public administration)Financial and business services0.302***0.00558.00.251***0.00832.00.347***0.00749.1
Supplies0.285***0.00647.80.239***0.00829.90.329***0.01128.9
Extractive and manufacturing industries0.237***0.00462.20.205***0.00633.70.248***0.00644.2
Construction0.228***0.00461.00.201***0.00633.10.305***0.00743.4
Other services0.087***0.00423.10.069***0.00611.20.094***0.00519.6
Trade, hotels & restaurants, transport & communic.0.060***0.00416.60.040***0.0066.80.068***0.00514.6
Health−0.024***0.004−6.4−0.0020.007−0.3−0.027***0.005−5.9
Education−0.081***0.003−24.1−0.081***0.006−13.5−0.085***0.004−20.8
Agriculture−0.158***0.005−31.7−0.187***0.007−25.9−0.106***0.008−13.9
Public sector workers 0.691***0.00889.10.783***0.01170.90.6***0.01155.3
Constant 3.981***0.012343.13.961***0.017237.94.133***0.016255.4

Note(s): *p < 0.1; **p < 0.05; ***p < 0.01. Additional control variables: Worker attributes (Nationality, Social benefits received in 2021, Income received in 2021 from professional activities, Number of labour contracts with the company during 2021, Duration since the first contract with the company (years), Collective agreement); Job placement attributes (Province, Type of contract, Percentage of the income from work that is in kind); Firm attributes (Legal person vs. natural person, Number of workers (logs)). The complete table is offered as supplementary material (available online)

Source(s): Authors' own work based on MCVL

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