Quit rate as a function of the residual wage, by gender
Men | Women | |
---|---|---|
-1 | 0.207644 | 0.163072 |
-0.9 | 0.230153 | 0.155194 |
-0.8 | 0.225035 | 0.148415 |
-0.7 | 0.239974 | 0.138315 |
-0.6 | 0.206351 | 0.119804 |
-0.5 | 0.164454 | 0.082962 |
-0.4 | 0.122331 | 0.078079 |
-0.3 | 0.111737 | 0.046905 |
-0.2 | 0.053268 | 0.028947 |
-0.1 | 0.016935 | 0.018077 |
0 | 0 | 0 |
0.1 | -0.01768 | -0.00318 |
0.2 | -0.02599 | -0.00241 |
0.3 | -0.03634 | -0.01379 |
0.4 | -0.04614 | -0.00118 |
0.5 | -0.04797 | -0.00682 |
0.6 | -0.03457 | -0.0044 |
0.7 | -0.03519 | -0.00167 |
0.8 | -0.03888 | -0.00376 |
0.9 | -0.02095 | 0.010457 |
1 | -0.0405 | 0.016926 |
Notes: Authors’ calculations using SIPP data from the 2004, 2008, and 2014 panels. Slope of each line for each group represents the quit elasticity, with steeper slopes representing a higher elasticity. Residual wage is the hourly wage adjusted for demographic characteristics, human capital, and survey year. The y-axis is the quit rate at each residual wage level relative to the quit rate at a residual wage of zero, or the average residual wage. Differences along axes are percent differences (e.g., a difference of 0.2 is a 20% difference).
Source: Authors’ analysis of Survey of Income and Program Participation (SIPP) data.