Table 5.
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.