Full log wage regression results from Table 3 regressions
| (I) | (II) | (III) | (IV) | (V) | (VI) | |
|---|---|---|---|---|---|---|
| Variables | Two-stage least squares (second-stage results) | Less occupations | Less industries | Less unemployment rate | Less full-time status | Less union |
| RTW indicator | -0.0315*** | -0.0308*** | -0.0322*** | -0.0319*** | -0.0271*** | -0.0407*** |
| (0.00216) | (0.00222) | (0.00222) | (0.00215) | (0.00217) | (0.00215) | |
| Union indicator | 0.117*** | 0.101*** | 0.133*** | 0.117*** | 0.127*** | |
| (0.00271) | (0.00275) | (0.00273) | (0.00271) | (0.00272) | ||
| White | 0.0931*** | 0.115*** | 0.0882*** | 0.0930*** | 0.0884*** | 0.0907*** |
| (0.00314) | (0.00322) | (0.00321) | (0.00313) | (0.00318) | (0.00316) | |
| Hispanic | -0.0506*** | -0.0489*** | -0.0580*** | -0.0504*** | -0.0489*** | -0.0549*** |
| (0.00377) | (0.00388) | (0.00384) | (0.00377) | (0.00381) | (0.00380) | |
| Asian | 0.0259*** | 0.0339*** | 0.0191*** | 0.0261*** | 0.0252*** | 0.0184*** |
| (0.00550) | (0.00571) | (0.00564) | (0.00550) | (0.00553) | (0.00552) | |
| Other race/ethnicity | 0.0480*** | 0.0647*** | 0.0420*** | 0.0479*** | 0.0445*** | 0.0449*** |
| (0.00692) | (0.00712) | (0.00714) | (0.00691) | (0.00700) | (0.00694) | |
| Male | 0.140*** | 0.133*** | 0.166*** | 0.141*** | 0.155*** | 0.141*** |
| (0.00213) | (0.00207) | (0.00210) | (0.00213) | (0.00214) | (0.00214) | |
| Some high school | -0.119*** | -0.143*** | -0.130*** | -0.119*** | -0.125*** | -0.123*** |
| (0.00336) | (0.00343) | (0.00338) | (0.00336) | (0.00338) | (0.00340) | |
| Some college | 0.0678*** | 0.0961*** | 0.0752*** | 0.0678*** | 0.0596*** | 0.0688*** |
| (0.00249) | (0.00254) | (0.00256) | (0.00249) | (0.00252) | (0.00252) | |
| Associate degree | 0.150*** | 0.202*** | 0.158*** | 0.150*** | 0.148*** | 0.150*** |
| (0.00320) | (0.00329) | (0.00327) | (0.00320) | (0.00323) | (0.00322) | |
| College degree | 0.261*** | 0.364*** | 0.277*** | 0.261*** | 0.259*** | 0.262*** |
| (0.00314) | (0.00307) | (0.00321) | (0.00314) | (0.00317) | (0.00315) | |
| Advanced degree | 0.457*** | 0.595*** | 0.457*** | 0.457*** | 0.453*** | 0.463*** |
| (0.00438) | (0.00423) | (0.00446) | (0.00438) | (0.00441) | (0.00437) | |
| Age | 0.0343*** | 0.0352*** | 0.0382*** | 0.0343*** | 0.0396*** | 0.0349*** |
| (0.000560) | (0.000577) | (0.000572) | (0.000560) | (0.000555) | (0.000562) | |
| Age squared | -0.000334*** | -0.000344*** | -0.000375*** | -0.000334*** | -0.000395*** | -0.000339*** |
| (6.73e-06) | (6.94e-06) | (6.87e-06) | (6.73e-06) | (6.69e-06) | (6.76e-06) | |
| Married | 0.0971*** | 0.107*** | 0.107*** | 0.0970*** | 0.0974*** | 0.0982*** |
| (0.00251) | (0.00259) | (0.00258) | (0.00251) | (0.00254) | (0.00252) | |
| Divorced or widowed | 0.0453*** | 0.0494*** | 0.0546*** | 0.0453*** | 0.0503*** | 0.0461*** |
| (0.00349) | (0.00361) | (0.00358) | (0.00349) | (0.00353) | (0.00351) | |
| Separated | 0.00747 | 0.00465 | 0.0121** | 0.00747 | 0.0103* | 0.00737 |
| (0.00578) | (0.00600) | (0.00592) | (0.00578) | (0.00585) | (0.00584) | |
| Hourly worker | -0.170*** | -0.220*** | -0.180*** | -0.170*** | -0.191*** | -0.167*** |
| (0.00246) | (0.00246) | (0.00250) | (0.00246) | (0.00243) | (0.00248) | |
| Full-time worker | 0.150*** | 0.171*** | 0.185*** | 0.150*** | 0.157*** | |
| (0.00269) | (0.00275) | (0.00271) | (0.00269) | (0.00270) | ||
| Metro area | 0.0955*** | 0.103*** | 0.0932*** | 0.0958*** | 0.0950*** | 0.0965*** |
| (0.00235) | (0.00240) | (0.00240) | (0.00233) | (0.00236) | (0.00236) | |
| State unemployment rate | 0.000213 | 0.000508 | -0.00125** | 0.00001 | 0.000429 | |
| (0.000536) | (0.000552) | (0.000548) | (0.000540) | (0.000538) | ||
| Cost-of-living (BEA RPP) | 0.775*** | 0.796*** | 0.779*** | 0.772*** | 0.763*** | 0.808*** |
| (0.0132) | (0.0136) | (0.0135) | (0.0130) | (0.0133) | (0.0132) | |
| Constant | -2.011*** | -2.131*** | -2.036*** | -1.991*** | -1.932*** | -2.173*** |
| (0.0616) | (0.0630) | (0.0628) | (0.0612) | (0.0619) | (0.0615) | |
| Observations | 304157 | 304157 | 304157 | 304157 | 304157 | 304157 |
| R-squared | 0.534 | 0.507 | 0.510 | 0.534 | 0.527 | 0.531 |
Note: Robust standard errors in parentheses. Three asterisks (***) indicate significance at the 1 percent level, two indicate significance at the 5 percent level, one indicates significance at the 10 percent level.
Unless otherwise indicated, the regression models include variables in Model IV from Appendix Table A1.
Source: EPI analysis of Current Population Survey Outgoing Rotation Group microdata, Political Economy Research Institute (PERI) data, Missouri Economic Research and Information Center (MERIC) data, and Bureau of Economic Analysis Regional Price Parities