Table 7 First-step regression
Dependent variable: log father’s earnings | ||
|---|---|---|
Coefficient | Std. err | |
Education | ||
None | Omitted dummy | |
Elementary | 0.2164 | 0.1032 |
Middle | 0.3199 | 0.0999 |
High | 0.4578 | 0.1006 |
Community college (2 years) | 0.7388 | 0.1230 |
University (4 years) | 0.7712 | 0.1043 |
Graduate school | 0.7910 | 0.1313 |
Occupation | ||
Professional, technical, managerial | 0.0735 | 0.1301 |
Administrative and government officer, entrepreneur | 0.0315 | 0.1923 |
Clerical worker | 0.1172 | 0.1247 |
Sales worker | 0.3916 | 0.1272 |
Service worker | 0.3992 | 0.1415 |
Production worker | 0.3119 | 0.1243 |
Agriculture, fishing, forestry | Omitted dummy | |
Industry | ||
Agriculture, fishing, forestry | Omitted Dummy | |
Mining | 0.2536 | 0.1711 |
Manufacturing | 0.4053 | 0.1452 |
Utilities | 0.4392 | 0.1933 |
Construction | 0.1701 | 0.1486 |
Wholesale and retail trade | 0.3348 | 0.1503 |
Communication, transportation | 0.3703 | 0.1478 |
Banking, insurance, business service | 0.3956 | 0.1547 |
Community, social, and personal services | 0.3885 | 0.1445 |