Table A.6:
The Long-Run Effects of the 1980–1982 Recession on Education, First Difference Estimates
| Dependent variable: | ||||||
|---|---|---|---|---|---|---|
| HS/GED attainment | Any college attendance | Any college degree attainment | Four-year college degree attainment | Two-year college degree attainment | Years of schooling | |
| (1) | (2) | (3) | (4) | (5) | (6) | |
| Interaction between 1979–1982 decrease in log real earnings per capita and age in 1979 | ||||||
| 0–10 | −0.220 (0.107) |
−0.930 (0.253) |
−0.993 (0.257) |
−0.994 (0.260) |
0.002 (0.094) |
−5.146 (1.350) |
| 11–19 | −0.230 (0.160) |
−1.037 (0.279) |
−1.037 (0.232) |
−0.984 (0.232) |
−0.053 (0.092) |
−5.354 (1.350) |
| 20–29 | −0.396 (0.201) |
−1.234 (0.282) |
−0.986 (0.213) |
−0.909 (0.207) |
−0.075 (0.095) |
−5.704 (1.260) |
Notes: See notes to Table 2 for details on specification and sample. In this table, I do not include birth county fixed effects.
Sources: BEA Regional Economic Accounts, Census County Business Patterns, Confidential 2000–2013 Census/ACS data linked to the SSA NUMIDENT file