Table 5 Selected first stage regression results: Tests of instrumental variable power
From: Does leaving school in an economic downturn impact access to employer-sponsored health insurance?
Men | Women | |
|---|---|---|
Endogenous variable: School-leaving state unemployment rate | ||
Sample mean | 7.47 | 7.43 |
On time school-leaving state unemployment rate | 0.7414*** (0.0485) | 0.7959*** (0.0403) |
On time years since school-leaving | 0.0090** (0.0043) | 0.0160*** (0.0058) |
Interaction | 0.0004 (0.0006) | -0.0011 (0.0007) |
F-statistic of joint IV significance (p-value) | 81.96 (0.0000) | 134.25 (0.0000) |
Endogenous variable: Time since school-leaving | ||
Sample mean | 1980.5 | 1980.3 |
On time school-leaving state unemployment rate | -0.0020 (0.0150) | -0.0032 (0.0132) |
On time years since school-leaving | 0.9877*** (0.0035) | 0.9882*** (0.0033) |
Interaction | -0.0000 (0.0003) | -0.0000 (0.0003) |
F-statistic of joint IV significance (p-value) | 38,136.83 (0.0000) | 57,980.98 (0.0000) |
Endogenous variable: School-leaving state unemployment rate*time since school-leaving | ||
Sample mean | 106.27 | 104.15 |
On time school-leaving state unemployment rate | -0.2332 (0.4699) | 0.6619 (0.6439) |
On time years since school-leaving | 1.7647*** (0.2126) | 1.9071*** (0.2013) |
Interaction | 0.7596*** (0.0345) | 0.7269*** (0.0296) |
F-statistic of joint IV significance (p-value) | 2,750.53 (0.0000) | 1,456.99 (0.0000) |
N | 57,827 | 56,862 |