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Swiss Journal of Economics and Statistics

Table 3 Linear regression results for wage expectations

From: What wages do people expect for vocational and academic education backgrounds in Switzerland?

 

Age 30

Age 50

 

Academic

Vocational

Relative difference

Academic

Vocational

Relative difference

Female

− 0.0251***

− 0.0167***

− 0.0137

− 0.0244***

− 0.0139**

− 0.0110

 

(0.0061)

(0.0046)

(0.0101)

(0.0071)

(0.0047)

(0.0132)

Age (reference: 18–29)

30–39

− 0.0202

− 0.0303***

0.0086

0.0061

− 0.0010

− 0.0005

 

(0.0106)

(0.0080)

(0.0168)

(0.0125)

(0.0086)

(0.0216)

40–49

0.0456***

0.0026

0.0665***

0.0885***

0.0198*

0.1140***

 

(0.0103)

(0.0076)

(0.0182)

(0.0116)

(0.0081)

(0.0223)

50 + 

0.0596***

0.0135

0.0808***

0.1029***

0.0290***

0.1391***

 

(0.0102)

(0.0077)

(0.0168)

(0.0115)

(0.0082)

(0.0212)

Educational background (reference: obligatory)

Vocational

0.0923***

0.0422**

0.0318

0.1434***

0.0921***

0.0670

 

(0.0188)

(0.0157)

(0.0366)

(0.0201)

(0.0143)

(0.0386)

Academic

0.0643***

0.0611***

− 0.0512

0.1107***

0.1317***

− 0.0750

 

(0.0192)

(0.0161)

(0.0361)

(0.0206)

(0.0148)

(0.0391)

Monthly household income (reference: less than 6000)

6001–10,000

0.0708***

0.0500***

0.0184

0.0969***

0.0578***

0.0407*

 

(0.0085)

(0.0060)

(0.0141)

(0.0099)

(0.0064)

(0.0187)

More than 10,000

0.0825***

0.0904***

− 0.0285

0.1161***

0.1153***

− 0.0318

 

(0.0088)

(0.0064)

(0.0147)

(0.0103)

(0.0068)

(0.0195)

Parent

0.0233**

0.0088

0.0201

0.0261**

0.0124*

0.0194

 

(0.0076)

(0.0057)

(0.0133)

(0.0086)

(0.0058)

(0.0164)

Migration background

− 0.0252***

− 0.0104*

− 0.0234*

− 0.0277***

− 0.0093

− 0.0296*

 

(0.0069)

(0.0051)

(0.0106)

(0.0079)

(0.0055)

(0.0144)

Region of living (reference: German)

French

− 0.1588***

− 0.0976***

− 0.0889***

− 0.1293***

− 0.0661***

− 0.1097***

 

(0.0074)

(0.0056)

(0.0113)

(0.0084)

(0.0057)

(0.0150)

Italian

− 0.2245***

− 0.1772***

− 0.0736***

− 0.2591***

− 0.1758***

− 0.1570***

 

(0.0107)

(0.0087)

(0.0149)

(0.0120)

(0.0085)

(0.0184)

F-test overall significance

91.0***

81.6***

22.0***

94.0***

82.3***

31.0***

R-squared

0.118

0.096

0.029

0.113

0.101

0.041

Number of observations

9163

     
  1. Source: Survey of Public Opinion on Education 2019–2020
  2. The table reports estimated coefficients from linear regression models for the log of wages expected for persons with an academic or a vocational education background at age 30 or 50 (as indicated in the column headers) and for the related relative differences of wage expectations as dependent variables (see also the notes of Table 1). All regressions control for a year effect (2020 vs. 2019) and missing income information. Robust standard errors are shown in parentheses. Significance levels: * p < 0.05, ** p < 0.01, *** p < 0.001
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