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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
  (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
  (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
  (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
  (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***
  (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***
  (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
  1. Notes: Each cell is based on a separate regression of education on military conscription as specified in Equations (2) and (4). Standard errors in parentheses: ***p <0.01.