Z scores | RCS + prelit | Quartiles | ||
---|---|---|---|---|
Life-cycle stage | Representation | Tobit | IV-GMM | IV-GMM |
E1 | HAZ score at age 6 | 0.097 (0.144) | 0.870 (3.520) | 0.292 (0.133) |
E2 | School attainment | 0.099 (0.030) | 2.710 (0.569) | 0.086 (0.026) |
E3 | Skilled job tenure | 0.025 (0.015) | 0.699 (0.386) | 0.035 (0.014) |
Age at interview in 2000–2004 | 0.140 (0.109) | 3.613 (3.024) | 0.208 (0.104) | |
Age at interview squared ×10 | −0.025 (0.016) | 0.658 (0.454) | −0.034 (0.015) | |
Constant | – | 7.035 (43.28) | −0.436 (1.519) | |
Test diagnostics | ||||
χ2 or F statistic | 61.9 | 19.6 | 14.4 | |
[p value] | [<0.01] | [<0.01] | [<0.01] | |
Hansen J test [p value] | – | [0.26] | [0.21] | |
Hausman test [p value] | [<0.01] | [<0.01] | [<0.01] |