Percent Differences in the Explained Share of Employment Decline and p-values for Testing Null of No Differences—Comparing OLS and IV Estimates
| Percent Differences | p-Values | |||||||
|---|---|---|---|---|---|---|---|---|
| Men | Women | Men | Women | |||||
| ELSA (1) | HRS (2) | ELSA (3) | HRS (4) | ELSA (5) | HRS (6) | ELSA (7) | HRS (8) | |
| Panels B vs. A (Three Separate Subjective Measures) | ||||||||
| High school dropout | 19.6 | 15.4 | 22.5 | 34.5 | 0.294 | 0.272 | 0.280 | 0.100 |
| High school | 29.8 | 1.1 | 22.5 | 20.1 | 0.247 | 0.462 | 0.284 | 0.048 |
| College | 31.2 | 55.7 | 23.0 | 29.4 | 0.295 | 0.021 | 0.377 | 0.136 |
| Panels C vs. A (Health Limits Work) | ||||||||
| High school dropout | 18.8 | 9.0 | 27.0 | 18.8 | 0.300 | 0.342 | 0.263 | 0.198 |
| High school | 29.6 | −2.2 | 23.2 | 13.1 | 0.247 | 0.415 | 0.275 | 0.117 |
| College | 32.9 | 37.3 | 22.7 | 21.1 | 0.290 | 0.049 | 0.378 | 0.201 |
Notes: Estimates of relative differences in Columns 1–4 compare figures in Panels A and C of Table 6 with those in Panels A and B of Table 10, with Table 6 as the baseline. p-values in Columns 5–8 for testing the equality of the same δ estimates.