Table 6

IV Estimates of the Effect of Average Medicaid Eligibility During Childhood on Educational Attainment, by Age at Eligibility

Age RangeNo High School DiplomaAny CollegeBA Plus
Panel A: Baseline model
0–3−0.011
(0.014)		0.019
(0.015)		−0.003
(0.017)
4–8−0.030**
(0.010)		0.013
(0.014)		0.037**
(0.014)
9–130.007
(0.010)		−0.025*
(0.015)		−0.026
(0.017)
14–17−0.012
(0.008)		0.061**
(0.011)		0.069**
(0.016)
Panel B: Baseline 1 R-S-Y and R-A-Y FE
0–30.003
(0.020)		−0.010
(0.030)		0.053
(0.036)
4–8−0.030
(0.020)		0.032
(0.026)		0.051
(0.057)
9–130.003
(0.012)		0.012
(0.029)		−0.002
(0.022)
14–17−0.013
(0.015)		0.072**
(0.028)		0.025
(0.025)

  • Source: Authors’ estimation of Equations 3 and 4 in the text using 22–29-year-old respondents from the 2005–12 ACS.

  • Notes: Each column by panel in the table comes from a separate regression (N = 5480). All estimates include an indicator for the cell being nonwhite or not, race-by-age fixed effects, race-by-calendar year fixed effects, and race-by-state of birth fixed effects. Estimates in Panel B come from Equation 4 and also include race by state of birth by calendar year (R-S-Y) fixed effects and race by age by calendar year (R-A-Y) fixed effects. Standard errors clustered at the state of birth level are in parentheses:

  • *** indicates significance at the 1 percent level,

  • ↵** indicates significance at the 5 percent level, and

  • ↵* indicates significance at the 10 percent level.