Table 7 Treatment effect on re-employment wage

Number of observations

5726

1233

4493

143

2092

2008

1455

28

1200

935

3558

Treatment

Tax exemption

1843.18***

3772.78***

1328.83***

-238.71

1297.35***

2731.54*** (480.25)

1025.13**

436.27

904.61**

1723.93***

2174.27***

(227.72)

(634.46)

(236.03)

(295.73)

(260.35)

(484.07)

(1521.17)

(361.87)

(651.62)

(301.87)

Controls

Sex

− 623.17***

–

–

− 81.79

− 375.41**

− 1217.8***

-578.94

− 831.22

− 731.98

149.56

− 827.20***

(181.92)

(157.51)

(191.58)

(395.44)

(429.16)

(2342.54)

(468.62)

(462.88)

(224.35)

Age

13.77

31.05

10.02

120.54

72.59**

− 57.38

-46.08

60.19

− 4.99

51.92

13.24

(8.31)

(23.03)

(8.66)

(64.89)

(31.66)

(53.74)

(38.35)

(166.95)

(13.54)

(22.94)

(11.10)

Construction

− 501.25

− 841.01

− 468.57

− 364.35

− 708.21

146.43

-572.63

− 998.27

–

–

–

(971.70)

(3499.36)

(961.27)

(221.57)

(1170.82)

(1998.23)

(1853.36)

(1138.24)

Industry

178.16

− 959.44

437.49

− 119.39

− 731.64

1282.52

333.81

− 349.07

–

–

–

(975.62)

(3450.62)

(968.65)

(194.22)

(1173.82)

(2009.08)

(1865.56)

(2497.3)

Service

241.75

27.45

216.09

–

− 403.54

1112.52

324.75

–

–

–

–

(963.71)

(3429.86)

(954.65)

(1158.86)

(1982.44)

(1841.35)

Number of affiliates

− 0.03***

− 0.04*

− 0.02**

− 0.009

− 0.02***

− 0.03**

− 0.02

0.90***

− 0.07**

0.32*

− 0.02***

(0.006)

(0.02)

(0.006)

(0.005)

(0.01)

(0.001)

(0.01)

(0.17)

(0.03)

(0.18)

(0.006)

Constant term

4750.17***

3341.11

3771.36***

838.08

3150.9**

7833.97***

7694.11***

655.31

5614.37***

1957.37

5259.2

(1057.11)

(1012.86)

(1538.49)

(1510.82)

(3003.54)

(2751.99)

(11,435.13)

(973.21)

(1212.91)

(546.24)

(546.24)