. Author manuscript; available in PMC: 2021 Sep 7.

Published in final edited form as: Demography. 2015 Feb;52(1):153–182. doi: 10.1007/s13524-014-0367-9

Table 4.

Multinomial treatment model: joint estimation of union histories and wealth at age 40, union histories and change in wealth between baseline (age 28) and age 40, NLSY79 (N = 885)

	Panel I: Equations Predicting Selection Into Unions
	Column A: Wealth at Age 40							Column B: Change in Wealth (Age 40 – Age 28)
	Intact Marriage to Biological Father		Intact Marriage to Stepfather	Divorces Biological Father	Divorces Stepfather	Cohabits With Biological Father, Never Marries	Cohabits With Stepfather, Never Marries	Intact Marriage to Biological Father	Intact Marriage to Stepfather	Divorces Biological Father	Divorces Stepfather	Cohabits With Biological Father, Never Marries	Cohabits With Stepfather, Never Marries
Age at First Birth		−.075^*	−.199^***	−.257^***	−.209^***	.076^*	.015	−.075^*	−.199^***	−.257^***	−.209^***	.076^*	.015
Black (ref. = white)		−2.295^***	−1.995^**	−3.162^***	−2.476^***	−1.893^**	−.730	−2.295^***	−1.994^**	−3.162^***	−2.476^***	−1.893^**	−.730
Latina (ref. = white)		−.705	−.611	−1.217	−.705	.123	−.647	−.705	−.611	−1.217	−.705	.122	−.646
Education at Baseline (ref. = no high school)
High school		.585	.257	.681	.399	.104	.313	.586	.257	.680	.399	.104	.313
Some college		.094	.454	.734	.107	−.608	−.469	.095	.454	.734	.107	−.609	−.469
Bachelor’s degree or higher		.455	−1.679	−1.079	−35.465^***	.400	−1.515	.455	−1.679	−1.079	−35.465^***	.400	−1.515
Financial Resources
Income (logged)		.006	.029	−.076^*	.018	.038	−.049	.006	.029	−.080^*	.018	.294	−.049
Ever received inheritance		.295	.272	.331	.321	.063	.210	.289	.272	.331	.321	.062	.210
Parental Education (ref. = no high school)
High school		.141	−.153	.324	.435	.295	.416	.141	−.153	.324	.435	.295	.416
Some college		.171	.493	1.120	1.464^*	.407	−.012	.170	.493	1.120	1.464^*	.407	−.011
Bachelor’s degree or higher		.881	.944	1.958^*	.828	.990	1.656	.880	.944	1.958^*	.828	.990	1.656
Parental Resources
Full-time employment (ref. = part-time)		.678^*	.493	.537	.958^**	−.165	.890^*	.678^*	.493	.537	.958^**	−.165	.890^*
Income (logged)		.116	−.074	−.069	.044	−.039	−.251^**	.006	−.074	−.069	.045	−.035	−.251^**
Constant		1.391	5.264^***	7.003^***	3.765^*	−.892	.870	1.391	5.264^***	7.004^***	3.765^*	−.893	.871

	Panel II: Equations Predicting Wealth
	Column A: Wealth at Age 40						Column B: Change in Wealth (Age 40 – Age 28)
Wealth, Whole Dollars	.035^**	.027^*	.009	−.003	.023	−.001	.024^**	.024^*	.000	−.010	.021	.001
Age at First Birth	−.001						.000
Black (ref. = white)	−.048^**						−.042^*
Latina (ref. = white)	.003						.004
Total Number of Biological Children	.003						.003
Education at Baseline (ref. = no high school)
High school	.008						.008
Some college	.006						.004
Bachelor’s degree or higher	.006						.006
Financial Resources
Income (logged)	.002^*						.001
Ever received inheritance	.008						.005
Parental Education (ref. = no high school)
High school	−.004						.004
Some college	.057						.054
Bachelor’s degree or higher	.008						.005
Parental Resources
Full-time employment	−.003						−.005
Income (logged)	.000						.000
Constant	10.384^***						10.379^***
Λ_{(intact marriage to biological father)}	.000						.000
Λ_{(intact marriage to stepfather)}	.000						.000
Λ_{(divorced biological father)}	−.003						−.003
Λ_{(divorced stepfather)}	.000						.000
Λ_{(cohabited with biological father, never married)}	.002						.001
Λ_{(cohabited with stepfather, never married)}	.000						.000

Notes: Wealth is reported in 2004 whole dollars. The reference category for the relationship histories is continually unpartnered (neither cohabiting nor married) women (N = 187).

p < .05;

^**

p < .01;

^***

p < .001 (two-tailed tests)