Table 2 Static regression table (immediate effects only), 1987–2016

Δlog(Pop. aged 16)_t,t−1

0.249***

0.274***

0.266***

0.244***

0.243***

(0.061)

(0.070)

(0.069)

(0.060)

(0.059)

ΔUnemployed_t,t−1

− 1.542***

− 1.486***

− 1.290***

(0.361)

(0.350)

(0.397)

\(\Delta \text {Unemployed}^{\Delta >0}_{t,t-1}\)

− 0.108

(0.107)

ΔGDP growth_t,t−1

− 0.009

(0.054)

ΔGDP growth_t−1,t−2

0.108**

0.085*

0.116*

(0.052)

(0.044)

(0.066)

\(\Delta \mathrm {GDP\;growth^{\Delta <0}_{t-1,t-2}}\)

− 0.069

(0.114)

\(\Delta \text {Trend}^{1987-1991}_{t,t-1}\)

0.001

0.006

0.007

0.002

0.002

(0.004)

(0.005)

(0.005)

(0.004)

(0.004)

\(\Delta \text {Trend}^{1992-2016}_{t,t-1}\)

0.033***

0.037***

0.036***

0.033***

0.033***

(0.009)

(0.011)

(0.011)

(0.009)

(0.008)

Constant

− 0.025***

− 0.029***

− 0.029***

− 0.025***

− 0.025***

(0.008)

(0.010)

(0.010)

(0.008)

(0.008)

Observations

780

780

780

780

780

Number of region

26

26

26

26

26