Unemployment in Greece: Econometric Evidence after the Athens 2004 Olympics and before the Global Financial Crisis of 2007–2009

Table 4

Results for Central Macedonia, Attica, and Greece 2006 (parameter estimates 𝑏_𝑘, standared errors, 𝑃 value, exponent of 𝑏_𝑘).

Variables	RCM				Attica				Greece
	𝑏𝑘	S.E.	Sig.	Exp (𝑏𝑘)	𝑏𝑘	S.E.	Sig.	Exp (𝑏𝑘)	𝑏𝑘	S.E.	Sig.	Exp (𝑏𝑘)
Gender	1.002	0.150	0.000	2.723	0.789	0.107	0.000	2.200	0.897	0.058	0.000	2.452
Marital status	−0.633	0.189	0.001	0.531	−0.725	0.135	0.000	0.484	−0.606	0.074	0.000	0.546
Aged 15–24	—	—	—	—	—	—	—	—	—	—	—	—
Aged 25–34	−0.873	−0.914	0.000	0.401	−0.667	0.153	0.000	0.513	−0.873	0.084	0.000	0.418
Aged 35–44	−1.096	−1.081	0.000	0.339	−0.879	0.184	0.000	0.415	−1.096	0.100	0.000	0.334
Aged 45–64	−1.382	−1.318	0.000	0.268	−1.005	0.200	0.000	0.366	−1.382	0.109	0.000	0.251
University graduates	—	—	—	—	—	—	—	—	—	—	—	—
M.S. or Ph.D. holders	1.284	0.477	0.007	3.612	−0.583	0.453	0.197	0.558	−0.062	0.288	0.829	0.940
TEI graduates	0.248	0.262	0.344	1.281	0.155	0.178	0.383	1.168	0.325	0.107	0.002	1.384
12 years of schooling	0.352	0.232	0.130	1.422	0.375	0.165	0.023	1.456	0.461	0.096	0.000	1.586
9 years of compulsory education	0.543	0.284	0.056	1.721	0.718	0.209	0.001	2.051	0.665	0.116	0.000	1.944
Primary school graduates and below	0.807	0.268	0.003	2.240	0.809	0.201	0.000	2.246	0.733	0.109	0.000	2.081
Athens area	*	*	*	*	0.922	0.579	0.111	2.515	0.552	0.090	0.000	1.737
Thessaloniki area	−0.095	0.226	0.674	0.909	*	*	*	*	0.408	0.108	0.000	1.503
Rest of urban areas	−0.246	0.280	0.380	0.782	0.740	0.588	0.208	2.096	0.341	0.080	0.000	1.406
Semiurban areas	−0.416	0.292	0.154	0.660	0.938	0.600	0.118	2.555	0.054	0.097	0.580	1.055
Rural areas	—	—	—	—	—	—	—	—	—	—	—	—
Registered in OAED	4.836	0.168	0.000	126.006	4.742	0.155	0.000	114.672	4.548	0.065	0.000	94.414
Nonimmigrants	−0.401	0.274	0.144	0.670	0.238	0.186	0.201	1.268	−0.113	0.111	0.307	0.893
Constant	−2.405	0.433	0.000	0.090	−3.805	0.632	0.000	0.022	−3.065	0.168	0.000	0.047