Table 5
Estimated relationship between outcome variables and educational attainment for men — Matching estimator results
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Outcome variable | College certificate | Bachelor's degree | ||
---|---|---|---|---|
coefficient | standard error | coefficient | standard error | |
Total cumulative earnings (2010 constant dollars) | 242,606Note *** | 31,620 | 718,029Note *** | 66,936 |
Present value of total cumulative earnings (2010 constant dollars) | 152,602Note *** | 19,248 | 436,415Note *** | 40,339 |
Number of years covered by an employer-sponsored pension plan | 1.452Note *** | 0.344 | 1.357Note *** | 0.377 |
Number of years employed | 0.357Note ** | 0.114 | 0.196 | 0.141 |
Number of years in a union | 0.408 | 0.340 | 0.918Note * | 0.379 |
Number of permanent layoffs experienced | -0.098 | 0.135 | -0.524Note *** | 0.070 |
Number of temporary layoffs experienced | -1.113Note *** | 0.265 | -2.066Note *** | 0.217 |
Notes: The samples consist of 3,441 men born in a Canadian province between 1955 and 1957 who hold a high school diploma, a college certificate, or a bachelor's degree (in a field other than law) and who are present in the Longitudinal Worker File (LWF) at least 18 of the 20 years from 1991 to 2010. Total earnings include wages and salaries, and net self-employment income. Present values assume a 5% discount rate. All outcome variables cover the period from 1991 to 2010. All models include controls for membership in a visible-minority group, Aboriginal people, first official language learned and still understood, long-term disability, province of birth, and birth cohort. A nearest neighbour matching estimator is used. In all cases, the omitted educational attainment category is high school completion. |
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