| | (1) | (2) | (3) |
|---|
| Δlog(Population aged 16)t,t−1 | 0.285** | 0.284** | − 0.164*** |
| | (0.120) | (0.117) | (0.030) |
| ΔUnemployedt,t−1 | 0.334 | 0.809 | 0.119 |
| | (0.565) | (0.621) | (0.136) |
| \(\Delta \text {Unemployed}^{\Delta >0}_{t,t-1}\) | | − 0.271 | |
| | | (0.178) | |
| ΔGDP growtht,t−1 | 0.062 | − 0.017 | 0.016 |
| | (0.076) | (0.123) | (0.023) |
| ΔGDP growthΔ<0t,t−1 | | 0.132 | |
| | | (0.215) | |
| Constant | 0.016*** | 0.016*** | 0.003*** |
| | (0.005) | (0.004) | (0.001) |
| Observations | 702 | 702 | 702 |
| Number of region | 26 | 26 | 26 |
- Dependent variable: Δlog(Baccalaureatet,t−1). First difference model with panel-corrected standard errors (PCSE, in brackets). ***p <0.01, **p <0.05, *p <0.1
