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Table 12 The effect of the reform on employment probability and earnings—IV estimation for people with ISCED2 or less

From: The labour market effects of the polish educational reform of 1999

Variables (1) (2) (3) (4) (5) (6)
OLS 1st stage 2sls 1st stage 2sls
log earning Employed log real earning Employed
Age when highest education was attained −0.00307 0.00633   0.136   0.120
  (0.0150) (0.00923)   (0.194)   (0.0768)
Treated    0.401**   0.583***  
    (0.188)   (0.123)  
Female −0.171*** −0.178*** 0.186 −0.202*** 0.166** −0.201***
  (0.0615) (0.0298) (0.143) (0.0649) (0.0805) (0.0362)
Constant 6.422*** 0.361** 15.46*** 4.829* 15.22*** −1.247
  (0.247) (0.158) (0.295) (2.865) (0.189) (1.115)
Observations 914 1917 914 914 1917 1917
R-squared 0.174 0.101 0.151 0.079 0.115 0.009
Region fixed-effect y y y y y y
Age fixed-effect y y y y y y
Year-of-survey fixed-effect y y y y y y
  1. Robust clustered standard errors in parentheses
  2. Columns 1–2 show the association of the age when the highest degree was obtained with log earning and with employment probability, respectively for those who finished at most ISCED 2 level. Columns 3–4 and 5–6 show the 2SLS estimations of log real earning and employment probability with the treatment used as an instrument for the age when they finished the ISCED 2 level
  3. ***p < 0.01, **p < 0.05, *p < 0.1