Table 6.
Hurdle model | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|
Poisson | Negative binomial | Probit | Zero-Truncated Negative Binomial |
IV Poissona | ||||||
Variable | Coeff | t-value | Coeff | t-value | Coeff | t-value | Coeff | t-value | Coeff | t-value |
Health index | −0.44 | −4.03 | −0.34 | −4.72 | −0.15 | −6.28 | −0.15 | −1.94 | −0.16 | −0.43 |
Private insurance | −1.29 | −3.55 | −0.97 | −2.79 | −0.38 | −3.10 | −0.60 | −1.79 | −1.28 | −3.34 |
Log wage | −0.08 | −0.48 | 0.17 | 0.72 | −0.06 | −0.86 | 0.26 | 1.04 | −0.19 | −0.88 |
a = (Age − 50)/10 | 0.25 | 1.82 | 0.45 | 2.93 | 0.20 | 3.72 | −0.08 | −0.44 | 0.36 | 1.93 |
a2 | −0.02 | −0.25 | −0.02 | −0.23 | 0.03 | 1.14 | −0.12 | −1.30 | −0.04 | −0.50 |
Secondary education | 0.29 | 0.93 | −0.40 | −0.88 | 0.11 | 1.01 | −0.15 | −0.43 | 0.13 | 0.35 |
Tertiary education | 0.69 | 1.25 | −0.52 | −1.09 | 0.14 | 1.01 | −0.11 | −0.28 | 0.37 | 0.66 |
Wife’s education | −0.08 | −1.89 | −0.12 | −2.01 | −0.02 | −1.02 | −0.09 | −1.12 | −0.10 | −1.93 |
Black | 0.23 | 0.97 | 0.11 | 0.47 | 0.07 | 0.92 | 0.02 | 0.09 | 0.36 | 1.11 |
Other race | −0.33 | −0.69 | 0.44 | 0.87 | 0.09 | 0.70 | −0.09 | −0.16 | −0.33 | −0.66 |
Married | 0.02 | 0.03 | 0.51 | 0.54 | −0.02 | −0.09 | 0.43 | 0.38 | 0.20 | 0.28 |
Suburban | −0.25 | −1.03 | −0.03 | −0.12 | 0.01 | 0.16 | −0.18 | −0.63 | −0.26 | −1.08 |
Rural | 0.23 | 0.62 | 0.52 | 1.69 | 0.11 | 1.11 | 0.18 | 0.54 | 0.24 | 0.65 |
Household size | 0.13 | 1.25 | 0.11 | 1.35 | 0.04 | 1.42 | 0.05 | 0.70 | 0.12 | 1.13 |
Constant | 2.73 | 4.01 | 2.11 | 2.72 | −0.20 | −0.76 | 1.78 | 1.86 | 1.85 | 1.21 |
N | 4,841 | 4,841 | 4,841 | 282 | 4,841 |
The first stage F statistic for the IV regression is 87.5.