Table 1.
Summary Statistics of Selected Variables
| Panel A: Time Invariant Variables | Men | Women | ||
|---|---|---|---|---|
| Mean | Std Dev. | Mean | Std Dev. | |
|
| ||||
| Age-standardized AFQT | 0.275 | 0.847 | 0.202 | 0.803 |
| National unemployment rate at HS grad | 7.44 | 1.24 | 7.40 | 1.21 |
|
| ||||
| Panel B: Time Varying Variables | Men | Women | ||
|
| ||||
| Mean | Std Dev. | Mean | Std Dev | |
|
| ||||
| Years since HS graduation | 13.21 | 7.32 | 13.36 | 7.38 |
| Currently in labor force | 0.855 | 0.352 | 0.775 | 0.418 |
| Currently employed | 0.796 | 0.403 | 0.716 | 0.451 |
| Annual weeks employed | 43.3 | 15.9 | 38.1 | 19.7 |
| Annual hours worked | 1935 | 960 | 1431 | 932 |
| Currently enrolled | 0.131 | 0.338 | 0.130 | 0.337 |
| Log hourly wages ($1977) | 1.632 | 0.585 | 1.404 | 0.527 |
See Data Appendix for variable definitions and construction.