Panel A: 1993-1995

(1) Public + private

(2) Public

(3) Private

(4) Public + private

coef.

t-val.

coef.

t-val.

coef.

t-val.

coef.

t-val.

lnMW

0.759^***

28.90

0.685^***

24.35

0.985^***

14.45

1.011^***

27.33

Sector (private sector)

Public sector

0.174^***

13.73

2.008^***

10.53

lnMW*public

−0.330^***

−9.64

Male

0.155^***

15.86

0.136^***

13.14

0.214^***

8.22

0.152^***

15.62

Education

0.041^***

21.16

0.040^***

19.66

0.046^***

8.05

0.042^***

21.49

Exp.

0.059^***

24.43

0.063^***

24.19

0.051^***

8.28

0.060^***

24.80

Exp.-sq.

−0.001^***

−18.56

−0.001^***

−18.19

−0.001^***

−6.57

−0.001^***

−18.78

Occupations (no-blue-color workers)

Blue-color workers

−0.133^***

−11.60

−0.139^***

−11.19

−0.086^***

−3.11

−0.128^***

−11.22

Industries (no-manufacturing)

Manufacturing

−0.013

−1.27

−0.022^*

−1.96

0.013

0.48

−0.015

−1.43

Regions (east)

West

−0.078^***

−5.46

−0.066^***

−4.39

−0.154^***

−3.98

−0.083^***

−5.84

Central

0.081^***

5.08

0.079^***

4.80

0.047

1.03

0.073^***

4.60

Year dummy

Yes

Yes

Yes

Yes

Cons.

0.573^***

3.38

1.099^***

6.09

−0.610

−1.39

−0.862^***

−3.83

Obs.

13,410

10,818

2,592

13,410

Adj.R-sq.

0.322

0.313

0.332

0.326