Table 3.
Education, Unemployment Rates When Aged 18 and Outcomes
(1) | (2) | (3) | (4) | (5) | (6) | |
---|---|---|---|---|---|---|
Dependent variables | Income Quartile (1:highest - 4:lowest) |
General Poor Health (Yes = 1) |
Life dissatisfaction (Yes = 1) |
Obesity (Yes = 1) |
Smoker (Yes = 1) |
Daily drinker (Yes = 1) |
Panel A: Mean UR at age 17–19 | ||||||
Mean UR at age 17–19 | 1.314** (0.352) [0.890] |
0.235* (0.130) [0.160] |
0.285** (0.071) [0.120] |
0.244* (0.128) [0.099] |
0.305** (0.126) [0.203] |
0.178* (0.103) [0.107] |
(Education - 9)* UR at 18 | −0.395** (0.054) [0.154] |
−0.047** (0.015) [0.018] |
−0.059** (0.009) [0.017] |
−0.035** (0.016) [0.012] |
−0.069** (0.016) [0.034] |
−0.013 (0.015) [0.017] |
Observations | 50,291 | 27,927 | 85,773 | 17,451 | 47,621 | 19,290 |
R-squared | 0.261 | 0.063 | 0.170 | 0.035 | 0.073 | 0.066 |
Panel B: UR at age 18 | ||||||
UR at age 18 | 1.307** (0.327) [0.794] |
0.147 (0.120) [0.156] |
0.226** (0.069) [0.108] |
0.249** (0.120) [0.101] |
0.267** (0.116) [0.185] |
0.147 (0.094) [0.091] |
(Education - 9)* UR at 18 | −0.384** (0.051) [0.142] |
−0.041** (0.015) [0.017] |
−0.054** (0.009) [0.016] |
−0.031** (0.015) [0.012] |
−0.064** (0.015) [0.032] |
−0.009 (0.015) [0.015] |
Observations | 50,215 | 27,723 | 85,125 | 17,334 | 47,317 | 19,127 |
R-squared | 0.261 | 0.063 | 0.171 | 0.036 | 0.073 | 0.066 |