|
Simple probit |
Seemingly unrelated probits^ |
Simultaneous probits^ | |||||
|
Public housing |
No |
Yes |
No |
Yes |
Yes |
Yes | |
|
in neighborhood eq. |
None |
None |
None |
None |
None |
Occupational |
Spouse’s |
|
in unemployment eq. |
(ɪ) |
(2) |
(3) |
(4) |
(5) |
status (6) |
nationality (7) |
|
Deprived neighborhood Coefficient 0.173*** |
0.631** |
0.788*** |
0.869 |
0.805 | |||
|
Correlation |
(0.042) |
0.0992*** |
0.0604** |
(0.270) -0.274* |
(0.116) -0.390*** |
(0.107) -0.426*** |
(0.114) -0.396*** |
|
Marginal effect |
0.0213 |
(0.0255) |
(0.0257) |
(0.155) |
(0.065) |
(0.060) |
(0.064) |
|
(0.00593) |
(0.00602) |
(0.00587) |
(0.00700) |
(0.00626) |
(0.00630) |
(0.00624) | |
|
[0.00591] |
[0.00596] |
[0.00563] |
[0.00705] |
[0.00611] |
[0.00627] |
[0.00612] | |
|
Public housing Marginal effect |
0.0315 |
0.0386 |
0.0327 | ||||
|
Log likelihood |
-2351.34 |
-8164.32 |
-7883.84 |
-8162.24 |
(0.00632) |
(0.00658) |
(0.00628) |
|
Pseudo-R2 |
5.88 |
9.55 |
12.66 |
9.57 |
12.86 |
12.11 |
12.68 |
Notes: Control variables include, unless otherwise mentioned, individual’s age, nationality, education level, occupational status, spouse’ age,
nationality, education level and number of children, (a) Neighborhood variable is not in the unemployment equation, (b) Neighborhood variable
is in the unemployment equation. Mean marginal effects are calculated as 1/N ∑(P(yn = 1∣⅜2 = I)- Р(.Уи = l∣!∕i2 = 0)) for neighborhood type
and l∕N∑(P(yil = l,τ∕i2 = ⅛3) + P(yn = 1>⅜2 = t¾3) - P(yil = 0, yi2 = ⅛3) - P(yn = 0, yi2 = 0∣⅜3)) for public housing. Predicted
probabilities are calculated for each individual vector of characteristics. Standard errors of marginal effects are calculated by the delta method.
Standard errors between square brackets are corrected for dependencies within neighborhoods.
Table 6: Effect of public housing and neighborhood on unemployment probability
More intriguing information
1. Benefits of travel time savings for freight transportation : beyond the costs2. The name is absent
3. The Veblen-Gerschenkron Effect of FDI in Mezzogiorno and East Germany
4. Learning-by-Exporting? Firm-Level Evidence for UK Manufacturing and Services Sectors
5. The name is absent
6. Higher education funding reforms in England: the distributional effects and the shifting balance of costs
7. Dual Track Reforms: With and Without Losers
8. EXPANDING HIGHER EDUCATION IN THE U.K: FROM ‘SYSTEM SLOWDOWN’ TO ‘SYSTEM ACCELERATION’
9. HEDONIC PRICES IN THE MALTING BARLEY MARKET
10. DISCUSSION: POLICY CONSIDERATIONS OF EMERGING INFORMATION TECHNOLOGIES