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. Author manuscript; available in PMC: 2018 Dec 1.
Published in final edited form as: Econ Educ Rev. 2017 Oct 7;61:85–97. doi: 10.1016/j.econedurev.2017.10.001

Table 5.

OLS estimates of the effect of military service and reduced form estimates of the effect of draft eligibility for men with PGSs above and below the median

OLS Reduced Form

PGS ≥ median value Yes No Diff. Yes No Diff.
Years of education −0.892***
(0.268)
−0.400
(0.274)
−0.492
(0.382)
−0.136
(0.251)
−0.587**
(0.293)
0.451
(0.384)
 N 256 248 256 248

Years of college −0.891***
(0.248)
−0.536**
(0.217)
−0.355
(0.328)
−0.099
(0.227)
−0.428*
(0.224)
0.330
(0.318)
 N 256 248 256 248

GED/HS degree + −0.002
(0.021)
0.057*
(0.031)
−0.059
(0.037)
−0.004
(0.019)
0.008
(0.033)
−0.012
(0.038)
 N 256 248 256 248

Associate degree + −0. 180***
(0.067)
−0.121*
(0.062)
−0.059
(0.091)
−0.008
(0.062)
−0.128**
(0.062)
0.119
(0.087)
 N 250 230 250 230

Bachelor’s degree + −0. 188***
(0.070)
−0.304***
(0.114)
0.116
(0.133)
−0.045
(0.047)
0.087
(0.109)
−0.131
(0.117)
 N 156 77 156 77

Notes: OLS estimates are from separate regressions of the educational outcome on a constant and veteran status for each PGS category. Reduced form estimates are from separate regressions of the educational outcome on a constant and draft eligibility for each PGS category. The difference between estimates is calculated using a post linear combination of the estimation results that accounts for the between-model covariance of parameter estimates. Robust standard errors are in parentheses. No control variables.

*

p<0.10,

**

p<0.05,

***

p<0.01.