The Benefits to Taxpayers from Increases in Students - RAND ...

108 The Benefits to Taxpayers from Increases in Students’ Educational Attainment
Table C.7
Estimated Two-Part Model of 2002 Unemployment Insurance Income
Probit – Utilization
OLS – Income Received (log)
Women Men Women Men
Intercept –2.9330** –2.7915** 6.5966** 5.4985**
Education level
Less than high school
graduate
–1.0009* –0.6468 –0.0920 0.6086
Some college –0.3783 0.3015 –2.8881 –0.7770
Bachelor’s degree or more 0.0558 0.1622 0.3156 –0.0034
Age
Age 0.0689** 0.0736** 0.0434 0.0938*
Age squared –0.0009** –0.0009** –0.0005 –0.0009
Age–less than high school
graduate
0.0506* 0.0236 –0.0135 –0.0340
Age–some college 0.0213 –0.0220 0.1267 0.0408
Age–bachelor’s degree or
more
Age squared–less than
high school graduate
–0.0074 –0.0214 0.0013 0.0191
–0.0006* –0.0002 0.0003 0.0003
Age squared–some college –0.0003 0.0003 –0.0012 –0.0005
Age squared–bachelor’s
degree or more
0.0000 0.0003 0.0000 –0.0003
Race/ethnicity
Asian 0.2155* –0.3135** –0.0871 –0.1421
Black 0.0366 –0.1172 –0.0522 –0.4183**
Hispanic 0.0561 –0.0118 –0.2305 –0.0820
Native American –0.0264 0.1424 –0.5235 –0.6706**
Immigrant –0.0996 –0.0452 0.1750 –0.0767
N 21,546 18,743 731 846
R squared 5% 4% 9% 10%
NOTES: One and two asterisks indicate significance at the 0.05 and 0.01 levels, respectively.
Education effects (main and interacted) are jointly significant at the 0.001 level except for income
of men. The intercept is high school graduate, white, U.S.-born.