Panel C: 2007-2013

(1) Public + private

(2) Public

(3) Private

(4) Public + private

coef.

t-val.

coef.

t-val.

coef.

t-val.

coef.

t-val.

lnMW

0.855***

52.50

0.719***

32.68

1.020***

42.42

1.055***

43.29

Sector (private sector)

Public sector

0.093***

8.10

2.269***

11.47

lnMW*public

−0.339***

−11.02

Male

0.365***

33.42

0.400***

25.29

0.315***

21.44

0.363***

33.37

Education

0.105***

44.40

0.131***

37.06

0.082***

26.38

0.106***

45.19

Exp.

0.066***

26.80

0.092***

24.96

0.040***

12.14

0.067***

27.04

Exp.-sq.

−0.001***

−24.89

−0.001***

−23.00

−0.001***

−11.35

−0.001***

−25.04

Occupations (others)

Blue-color workers

0.027*

1.73

0.166***

6.85

−0.068***

−3.33

0.029*

1.83

Industries (others)

Manufacturing

0.083***

5.21

0.066***

2.60

0.112***

5.61

0.078***

4.92

Regions (East)

West

0.026**

1.98

0.021

1.11

0.012

0.63

0.026**

2.00

Central

−0.046***

−3.29

−0.079***

−3.92

−0.027

−1.44

−0.042***

−3.02

Year dummy

Yes

Yes

Yes

Yes

Cons.

−0.865***

−7.01

−0.640***

−3.87

−1.279***

−7.00

−2.196***

−12.73

Obs.

23,310

12,027

11,283

24,428

Adj.R-sq.

0.251

0.278

0.231

0.255