Table 5.
Men |
Women |
|||||
---|---|---|---|---|---|---|
Outcome in 2004 | Latent Class Analysis |
Latent Class Growth Models |
Growth Mixture Models |
Latent Class Analysis |
Latent Class Growth Models |
Growth Mixture Models |
Household Net Worth ($ln) | ||||||
Total effect of trajectories | < 0.01 | < 0.01 | < 0.01 | < 0.01 | < 0.01 | < 0.01 |
Direct effect of trajectories | 0.01 | 0.02 | 0.02 | < 0.01 | < 0.01 | < 0.01 |
Indirect effect of trajectories (via proximate measures) | 0.00 | < 0.01 | < 0.01 | 0.01 | < 0.01 | < 0.01 |
Household Income ($ln) | ||||||
Total effect of trajectories | < 0.01 | < 0.01 | < 0.01 | < 0.01 | < 0.01 | < 0.01 |
Direct effect of trajectories | 0.02 | 0.13 | 0.03 | 0.02 | 0.02 | 0.05 |
Indirect effect of trajectories (via proximate measures) | 0.01 | < 0.01 | < 0.01 | 0.25 | 0.16 | 0.01 |
Personal Wage & Salary Income ($ln) | ||||||
Total effect of trajectories | < 0.01 | < 0.01 | < 0.01 | < 0.01 | < 0.01 | < 0.01 |
Direct effect of trajectories | < 0.01 | 0.01 | 0.01 | < 0.01 | < 0.01 | < 0.01 |
Indirect effect of trajectories (via proximate measures) | 0.02 | 0.03 | < 0.01 | < 0.01 | < 0.01 | < 0.01 |
Net Value of Home ($ln) | ||||||
Total effect of trajectories | < 0.01 | < 0.01 | < 0.01 | < 0.01 | < 0.01 | < 0.01 |
Direct effect of trajectories | 0.01 | 0.01 | 0.01 | < 0.01 | < 0.01 | < 0.01 |
Indirect effect of trajectories (via proximate measures) | < 0.01 | < 0.01 | < 0.01 | 0.04 | 0.01 | 0.09 |
Note: WLS sample restricted to graduates who responded to the 1975, 1993, and 2004 telephone surveys. Missing values on exogenous variables were imputed using chained equations in Stata. P -values for the indirect effects were calculated using the procedures described by Breen et al. (2013). Proximate measures include indicators of respondents’ work, family, and other circumstances as measured contemporaneously with the dependent variable in 2004. Bolded p -values are less than or equal to 0.05. All estimates are weighted to account for non-random sample attrition. See text for more details.