Table 2 Reduced form and IV estimates of the effect of military service on investments in human capital
From: The long-term effects of military conscription on educational attainment and wages
|  | ±1 birth cohort | ±2 birth cohorts | ±3 birth cohorts | |||
|---|---|---|---|---|---|---|
Years of completed education | (1) | (2) | (3) | (4) | (5) | (6) |
Reduced form | -0.019 | -0.026 | -0.041 | -0.044 | -0.059 | -0.064 |
| Â | (0.044) | (0.044) | (0.040) | (0.041) | (0.039) | (0.040) |
IV | -0.043 | -0.059 | -0.064 | -0.069 | -0.084 | -0.091 |
| Â | (0.10) | (0.10) | (0.098) | (0.099) | (0.095) | (0.095) |
Higher professional education (%) | (1) | (2) | (3) | (4) | (5) | (6) |
Reduced Form | -0.003 | -0.004 | -0.003 | -0.002 | -0.003 | -0.002 |
| Â | (0.007) | (0.007) | (0.006) | (0.006) | (0.006) | (0.006) |
IV | -0.008 | -0.009 | -0.006 | -0.005 | -0.006 | -0.005 |
| Â | (0.015) | (0.015) | (0.015) | (0.015) | (0.014) | (0.014) |
University education (%) | (1) | (2) | (3) | (4) | (5) | (6) |
Reduced form | -0.015*** | -0.016*** | -0.015*** | -0.015*** | -0.015*** | -0.016*** |
| Â | (0.005) | (0.0051) | (0.0046) | (0.0046) | (0.0044) | (0.0044) |
IV | -0.033*** | -0.035*** | -0.035*** | -0.035*** | -0.030*** | -0.033*** |
| Â | (0.011) | (0.011) | (0.011) | (0.011) | (0.011) | (0.011) |
Age polynomials | Linear | Quadratic | Linear | Quadratic | Linear | Quadratic |
Observations | 17,605 | 17,605 | 29,228 | 29,228 | 40,481 | 40,481 |