Table 4 Robustness check results of returns to education by race.
1960 Census | 1980 Census | |||
|---|---|---|---|---|
DV = Log weekly wages ($) | (1) Whites only | (2) Blacks only | (3) Whites only | (4) Blacks only |
Educational attainment (Years) | 0.064*** (0.008) | 0.036*** (0.012) | 0.066*** (0.006) | 0.054*** (0.009) |
Married (Married = 1, Otherwise = 0) | 0.373*** (0.018) | 0.261*** (0.027) | 0.400*** (0.021) | 0.311*** (0.030) |
Location of residence | ||||
Metro (Metro = 1, Rural = 0) | 0.171*** (0.014) | 0.466*** (0.033) | 0.241*** (0.015) | 0.292*** (0.032) |
Metro-suburb (Metro-suburb = 1; Rural = 0) | 0.249*** (0.015) | 0.446*** (0.038) | 0.290*** (0.012) | 0.332*** (0.036) |
Age (Years) | 0.191*** (0.035) | 0.165* (0.076) | 0.038 (0.054) | 0.103 (0.117) |
Age-squared | −0.002 (0.001) | −0.002 (0.001) | −0.001 (0.001) | −0.001 (0.001) |
First stage F-statistics | 25.67*** | 13.57*** | 108.28*** | 55.33*** |
Adjusted R-squared | 0.056 | 0.064 | 0.065 | 0.094 |
N | 14,082 | 3940 | 42,724 | 11,658 |
