Table 4

Yearly Discontinuities

Texas
Junior Major
0102–0304–0506–0708–0910–1112
Discontinuity−0.008740.01580.0006120.02300.0006250.0382**−0.0203
(0.0227)(0.0166)(0.0159)(0.0155)(0.0158)(0.0164)(0.0247)
School FEYesYesYesYesYesYesYes
CovariatesYesYesYesYesYesYesYes
Observations4,4938,1939,1149,3099,1628,5714,054
Senior Major
0102–0304–0506–0708–0910–1112
Discontinuity−0.0198−0.0110−0.01080.00559−0.002740.0372**0.0114
(0.0228)(0.0164)(0.0156)(0.0153)(0.0156)(0.0161)(0.0122)
School FEYesYesYesYesYesYesYes
CovariatesYesYesYesYesYesYesYes
Observations4,1187,5158,3758,5778,3827,8743,721
BYU
Junior Major
02–0304–0506–0708–0910–1112
Discontinuity−0.02000.03970.04800.06110.105*−0.0334
(0.0351)(0.0413)(0.0443)(0.0518)(0.0536)(0.0380)
CovariatesYesYesYesYesYesYes
Observations2,7481,9201,7111,1881,057506
Senior Major
02–0304–0506–0708–0910–1112
Discontinuity−0.03570.007340.06270.05580.0963*−0.0297
(0.0350)(0.0418)(0.0438)(0.0538)(0.0574)(0.0822)
CovariatesYesYesYesYesYesYes
Observations2,7481,9201,7111,1881,057506
  • These tables estimate the junior year EFC discontinuity separately for different groups of years. The years listed are the last years of the school year (for example, 07 is the 2006–2007 school year.) Standard errors are in parenthesis and *** p < 0.01, ** p < 0.05, and * p < 0.1