Evaluation of the Australian Wage Subsidy Special Youth ...

Evaluation of the Australian Wage Subsidy Special Youth ... Evaluation of the Australian Wage Subsidy Special Youth ...

02.06.2014 Views

(1.32) (1.32) CEP referrals 1984 0.16 0.02 (2.36)* (2.36)* duration of Pre-June 1984 unemployment 0.46 0.05 (2.79)** (2.79)** Work limited by health -0.60 -0.04 Family background (2.32)* (2.32)* Other city before aged 14 -0.25 -0.02 (1.49) (1.49) Country town before aged 14 -0.43 -0.04 (2.76)** (2.76)** Rural area before aged 14 -0.46 -0.03 (1.70) (1.70) Overseas before aged 14 -0.71 -0.04 (1.38) (1.38) Number of siblings -0.01 -0.00 (0.83) (0.83) English good -0.12 -0.01 (0.48) (0.48) English poor -0.56 -0.04 (1.03) (1.03) Sexist 0.25 0.03 (0.95) (0.95) Sexist*female -0.76 -0.04 Fathers occupation when resp. 14 (1.24) (1.24) Father not present when resp 14 -0.22 -0.02 (0.79) (0.79) Labourer -0.16 -0.01 (0.52) (0.52) Plant operative -0.21 -0.02 (0.75) (0.75) Sales -0.10 -0.01 (0.30) (0.30) Tradesperson -0.25 -0.02 (0.90) (0.90) Manager/professional/para-professional -0.08 -0.01 (0.33) (0.33) Not employed -0.39 -0.03 (1.08) (1.08) Father holds post-school qualification when resp 14 -0.30 -0.03 Mothers occupation when resp. 14 (2.00)* (2.00)* Mother not present when resp 14 0.52 0.08 (1.64) (1.64) Labourer 0.14 0.02 (0.45) (0.45) Plant operative 0.65 0.10 (2.10)* (2.10)* Sales 0.19 0.02 (0.65) (0.65) Tradesperson 0.09 0.01 (0.21) (0.21) Manager/professional/para-professional -0.23 -0.02 (0.76) (0.76) Not employed 0.05 0.01 (0.21) (0.21) Mother post-school qualification when resp 14 0.25 0.03 268

269 Religion brought up in (1.52) (1.52) Catholic 0.06 0.01 (0.38) (0.38) Presbyterian 0.32 0.04 (1.34) (1.34) Methodist 0.12 0.01 (0.46) (0.46) Other Christian 0.10 0.01 (0.35) (0.35) Other religion 0.16 0.02 (0.72) (0.72) No religion 0.19 0.02 (0.95) (0.95) constant 0.71 (0.93) Observations 1283 1283 Log likelihood -307.19 LR chi 2 (59) 173 107.57 Mcfadden’s Pseudo R 2 174 0.1490 Akaike Information Criterion 0.57 Absolute value of z statistics in parentheses * significant at 5%; ** significant at 1% 173 This is the likelihood ratio test of the hypothesis that all coefficients except the intercept are equal to zero. It is defined as LR = 2 (log likelihood M full – 2 log likelihood M intercept ). The degrees of freedom of this chi squared distributed statistic are equal to the number of constrained parameters i.e. the number of coefficients being tested. 174 This measure of fit is also known as the likelihood ratio index. It compares the full model of parameters (M full ) to a model with just the intercept (M intercept ). It is defined as R 2 = 1 – (log likelihood M full / log likelihood M intercept ) . The value of Mcfadden’s Pseudo R 2 increases as new variables are added.

(1.32) (1.32)<br />

CEP referrals 1984 0.16 0.02<br />

(2.36)* (2.36)*<br />

duration <strong>of</strong> Pre-June 1984 unemployment 0.46 0.05<br />

(2.79)** (2.79)**<br />

Work limited by health -0.60 -0.04<br />

Family background (2.32)* (2.32)*<br />

O<strong>the</strong>r city before aged 14 -0.25 -0.02<br />

(1.49) (1.49)<br />

Country town before aged 14 -0.43 -0.04<br />

(2.76)** (2.76)**<br />

Rural area before aged 14 -0.46 -0.03<br />

(1.70) (1.70)<br />

Overseas before aged 14 -0.71 -0.04<br />

(1.38) (1.38)<br />

Number <strong>of</strong> siblings -0.01 -0.00<br />

(0.83) (0.83)<br />

English good -0.12 -0.01<br />

(0.48) (0.48)<br />

English poor -0.56 -0.04<br />

(1.03) (1.03)<br />

Sexist 0.25 0.03<br />

(0.95) (0.95)<br />

Sexist*female -0.76 -0.04<br />

Fa<strong>the</strong>rs occupation when resp. 14 (1.24) (1.24)<br />

Fa<strong>the</strong>r not present when resp 14 -0.22 -0.02<br />

(0.79) (0.79)<br />

Labourer -0.16 -0.01<br />

(0.52) (0.52)<br />

Plant operative -0.21 -0.02<br />

(0.75) (0.75)<br />

Sales -0.10 -0.01<br />

(0.30) (0.30)<br />

Tradesperson -0.25 -0.02<br />

(0.90) (0.90)<br />

Manager/pr<strong>of</strong>essional/para-pr<strong>of</strong>essional -0.08 -0.01<br />

(0.33) (0.33)<br />

Not employed -0.39 -0.03<br />

(1.08) (1.08)<br />

Fa<strong>the</strong>r holds post-school qualification when resp 14 -0.30 -0.03<br />

Mo<strong>the</strong>rs occupation when resp. 14 (2.00)* (2.00)*<br />

Mo<strong>the</strong>r not present when resp 14 0.52 0.08<br />

(1.64) (1.64)<br />

Labourer 0.14 0.02<br />

(0.45) (0.45)<br />

Plant operative 0.65 0.10<br />

(2.10)* (2.10)*<br />

Sales 0.19 0.02<br />

(0.65) (0.65)<br />

Tradesperson 0.09 0.01<br />

(0.21) (0.21)<br />

Manager/pr<strong>of</strong>essional/para-pr<strong>of</strong>essional -0.23 -0.02<br />

(0.76) (0.76)<br />

Not employed 0.05 0.01<br />

(0.21) (0.21)<br />

Mo<strong>the</strong>r post-school qualification when resp 14 0.25 0.03<br />

268

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