Table 3

Prenatal Cortisol and Offspring Educational Attainment

123
Panel A: Quintiles of Cortisol
Top quintile prenatal cortisol−0.471
[0.159]
−0.342
[0.183]
−1.148
[0.440]
Bottom quintile prenatal cortisol−0.138
[0.193]
−0.248
[0.191]
−0.241
[0.380]
Black0.193
[0.192]
0.177
[0.253]
Maternal education0.215
[0.0396]
0.188
[0.0477]
Mother single at birth−0.0167
[0.263]
−0.899
[0.370]
−0.211
[0.980]
Maternal age at birth0.0383
[0.0192]
0.0313
[0.0220]
−0.138
[0.153]
Income at birth in $1,000s0.0126
[0.00664]
−0.00336
[0.00733]
−0.00537
[0.0122]
Mother working while pregnant0.106
[0.232]
0.130
[0.221]
−0.0287
[0.305]
Male−0.507
[0.157]
−0.108
[0.166]
−0.503
[0.231]
Birth order−0.0531
[0.0584]
−0.0729
[0.0779]
0.240
[0.268]
Number of siblings at age seven−0.102
[0.0540]
−0.101
[0.0619]
0.116
[0.176]
Husband at home0.583
[0.195]
0.474
[0.249]
−0.327
[0.578]
Number moves birth to age seven−0.0310
[0.0570]
−0.168
[0.0550]
−0.0437
[0.158]
Providence0.0124
[0.198]
0.00634
[0.196]
Pregnancy complication−0.100
[0.177]
−0.0382
[0.171]
0.264
[0.276]
Gestation at draw date0.000178
[0.0499]
−0.0258
[0.0522]
0.0585
[0.0740]
Constant10.16
[1.821]
12.02
[1.763]
14.76
[4.247]
Observations    980    376    386
R-squared0.2060.2340.111
Panel B: Linear Cortisol
Free cortisol−0.00500
[0.00417]
−0.00184
[0.00431]
−0.0295
[0.0142]
Constant10.14
[1.834]
11.93
[1.772]
13.66
[4.193]
Observations    977    375    385
R-squared0.1990.2280.097
SampleFullSiblingSibling
Full controlsYYY
Maternal FE includedNNY
  • Note: Robust standard errors in brackets.