Table 5.
Adding School Average Income to Model with and without family income
| Grade | K | 1 | 3 | 5 | 8 |
| Outcome | SRHS | SRHS | SRHS | SRHS | SRHS |
| Estimates with only the noted measure of income included | |||||
| Log (Perm Income) | 0.142*** (0.037) |
0.165*** (0.046) |
0.204*** (0.047) |
0.238*** (0.046) |
0.305*** (0.055) |
| Log (School Mean) | 0.161*** (0.060) |
0.265*** (0.059) |
0.157*** (0.061) |
0.135** (0.054) |
0.102* (0.056) |
| Log (School Median) | 0.191*** (0.057) |
0.197*** (0.052) |
0.149*** (0.054) |
0.147*** (0.045) |
0.092* (0.053) |
| Estimates with both family and school income included | |||||
| Log (Perm Income) | 0.124*** (0.039) |
0.117*** (0.044) |
0.233*** (0.054) |
0.259*** (0.051) |
0.325*** (0.058) |
| Log (School Mean) | 0.108* (0.062) |
0.215*** (0.061) |
0.059 (0.065) |
0.058 (0.056) |
0.048 (0.058) |
| Log (Perm Income) | 0.112*** (0.038) |
0.124** (0.053) |
0.246*** (0.058) |
0.208*** (0.051) |
0.306*** (0.060) |
| Log (School Median) | 0.134** (0.060) |
0.130** (0.054) |
0.010 (0.062) |
0.054 (0.050) |
−0.005 (0.058) |
Notes: each coefficient is from a separate regression in the top rows. Sets of two coefficients from separate regressions in the bottom rows. Standard errors in parenthesis, ***1%, **5%, *10%