File2-page150 - Duflo (2001) Human Capital TABLE 6 --...

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Unformatted text preview: Duflo (2001) Human Capital TABLE 6 -- EFFECT OF EDUCATION ON LABOR MARKET OUTCOMES. OLS AND 2SLS ESTIMATES Method Instrument (1) (2) (3) (4) PANEL A: Sample of Individuals Who Work for a Wage PANEL A1: Dependent variable: log(hourly wage) OLS 0.0776 (0.000620) 0.0777 (0.000621) 0.0767 (0.000646) 2SLS Year of birth dummies* program intensity in region of birth 0.0675 (0.0280) [0.96] 0.0809 (0.0272) [0.9] 0.106 (0.0222) [0.93] 2SLS (Aged 2-6 in 1974)*program intensity in region of birth 0.0752 (0.0338) 0.0862 (0.0336) 0.104 (0.0304) 0.0698 (0.000601) 0.0698 (0.000602) 0.0689 (0.000628) 0.0756 (0.0280) [0.73] 0.0925 (0.0278) [0.63] 0.0913 (0.0219) [0.58] 0.0328 (0.00311) 0.0327 (0.000311) 0.0337 (0.000319) 0.101 (0.0210) [0.66] 0.118 (0.0197) [0.93] 0.0892 (0.0162) [1.12] PANEL B2: Dependent variable: log(monthly earnings), imputed for self-employed individuals OLS 0.0539 0.0539 (0.000354) (0.000354) 0.0908 (0.0541) [0.9] 0.0539 (0.000355) PANEL A2: Dependent variable: log(monthly earnings) OLS 2SLS Year of birth dummies* program intensity in region of birth 0.134 (0.0631) [0.7] PANEL B: Complete Sample PANEL B1: Dependent variable: participation in the wage sector OLS 2SLS 2SLS Year of birth dummies* program intensity in region of birth Year of birth dummies* program intensity in region of birth Control variables: Year of birth*enrollment rate in 1971 Year of birth* water and sanitation program Propensity score, propensity score squared 0.0509 (0.0157) [0.68] 0.0745 (0.0136) [0.58] 0.0346 (0.0138) [1.16] No No No Yes No No Yes Yes No Yes No Yes Notes: Year of birth dummies, region of birth dummies and the interactions betweeen year of birth dummies and the number of children in the region of birth in 1971 are included in the regressions. Standard errors are in parenthesis. F-statistics of the test of overidentification restrictions are in squared brackets. Development Economics, LSE Summer School 2007 147 ...
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This note was uploaded on 12/29/2011 for the course ECO 307 taught by Professor Dublin during the Spring '10 term at SUNY Stony Brook.

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