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. Author manuscript; available in PMC: 2018 Nov 28.
Published in final edited form as: Rev Econ Stat. 2015 Mar 2;97(1):14–28. doi: 10.1162/REST_a_00435

Table 5.

Earnings and High School Activities

Variables (1)
(2)
(3)
(4)
1975 Earnings 1992 Earnings 1975 Earnings (many covariates) 1992 Earnings (many covariates)
Beauty (standardized) 0.016***
(0.006)
0.027**
(0.011)
0.016***
(0.006)
0.022**
(0.010)
In varsity sports 0.031**
(0.015)
0.007
(0.027)
0.024*
(0.014)
0.017
(0.024)
In student government 0.069***
(0.017)
0.074**
(0.031)
0.056***
(0.016)
0.064**
(0.029)
Total number of activities 0.001
(0.002)
0.013***
(0.004)
0.002
(0.003)
0.007
(0.004)
IQ score (SD) 0.100***
(0.006)
0.155***
(0.011)
0.046***
(0.006)
0.065***
(0.011)
Constant 10.589***
(0.010)
10.576***
(0.018)
9.939***
(0.089)
9.394***
(0.201)
Observations 2,703 2,220 2,445 1,978
R2 0.131 0.128 0.316 0.364

Cell entries are OLS coefficient estimates (standard errors in parentheses). Significant at *10%, **5%, ***1%. Regressions in columns 3 and 4 also include industry dummies. Sample exclusions are the same as in table 1. For some (predominantly small) schools, varsity sports appear to be the only choice available to students, making them undistinguishable from club or intramural sports. We assigned a dummy variable to such schools and interacted it with participation in varsity sports in all regressions.