Table 2 Substitution elasticity between ITC and FTC workers
From: How do rigid labor markets absorb immigration? Evidence from France
| Â | 1 | 2 | 3 | 4 |
|---|---|---|---|---|
| Â | A. Relative wage as the dependent variable | |||
A1. Monthly wage | 0.01 (0.74) | 0.01 (0.46) | 0.01 (0.34) | 0.03 (0.63) |
A2. Hourly wage | 0.01 (1.04) | 0.01 (0.58) | 0.01 (0.24) | 0.01 (0.30) |
| Â | B. Relative employment as the dependent variable | |||
B1. Relative monthly wage as the explanatory variable | 0.96 (0.67) | 0.10 (0.45) | 0.06 (0.34) | 0.12 (0.60) |
B2. Relative hourly wage as the explanatory variable | 1.09 (0.91) | 0.11 (0.55) | 0.03 (0.24) | 0.05 (0.29) |
Time fixed effects (FE) | No | No | Yes | Yes |
Education-experience FE | No | Yes | Yes | Yes |
Education-time FE | No | No | No | Yes |
Experience-time FE | No | No | No | Yes |