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File2-page150 - Duo(2001 Human Capital TABLE 6 EFFECT OF...

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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 0.0777 0.0767 (0.000620) (0.000621) (0.000646) 2SLS Year of birth dummies* program intensity in region of birth 0.0675 0.0809 0.106 0.0908 (0.0280) (0.0272) (0.0222) (0.0541) [0.96] [0.9] [0.93] [0.9] 2SLS (Aged 2-6 in 1974)*program intensity in region of birth 0.0752 0.0862 0.104 (0.0338) (0.0336) (0.0304) PANEL A2: Dependent variable: log(monthly earnings) OLS 0.0698 0.0698 0.0689 (0.000601) (0.000602) (0.000628) 2SLS Year of birth dummies* program intensity in region of birth 0.0756 0.0925 0.0913 0.134 (0.0280) (0.0278) (0.0219) (0.0631) [0.73] [0.63] [0.58] [0.7] PANEL B: Complete Sample PANEL B1: Dependent variable: participation in the wage sector OLS 0.0328 0.0327 0.0337 (0.00311) (0.000311) (0.000319) 2SLS Year of birth dummies* program intensity in region of birth 0.101 0.118
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