Table 5.
Results from EFFE-IV regressions of children’s educational attainment (model 8)
| Second stage | First stage | |
|---|---|---|
| Family size |
− 0.584** (0.226) |
|
| Instruments | ||
| Spouse’s no. of sibs |
0.048*** (0.009) |
|
| F-test for excluded instruments | 27.09 | |
| Controls | ||
| Birth order |
− 0.114*** (0.013) |
|
| Sex (woman) |
-0.181*** (0.026) |
|
| Age |
− 0.022*** (0.004) |
|
| Father’s education |
0.106*** (0.013) |
− 0.009 (0.011) |
| Mother’s education |
0.061** (0.023) |
− 0.068*** (0.012) |
| Father’s SES |
0.008*** (0.001) |
− 0.004*** (0.001) |
| Family Income |
0.007** (0.002) |
0.001 (0.002) |
| IQ of WLS graduate/sibling |
0.006** (0.002) |
0.002 (0.001) |
| Birth order of WLS graduate/sibling |
− 0.131* (0.051) |
− 0.225*** (0.013) |
| Constant |
0.035*** (0.008) |
− 0.004 (0.009) |
| N | 21,582 | 6836 |
| Extended family FE | Yes | Yes |
*** p < 0.001, ** p < 0.01, * p < 0.05 Standard errors in OLS and IV models are adjusted for clustering within nuclear and extended families