Table 10

Stress and Intergenerational Correlations in Human Capital

123
Dependent Variable = Ln(Offspring Education)
    Ln(maternal education)0.122
[0.0243]
0.119
[0.0240]
0.0958
[0.0257]
    Ln(maternal education)*high cortisol0.131
[0.0559]
    High (top quintile) prenatal cortisol−0.0202
[0.0100]
−0.326
[0.134]
    Ln(maternal education)*cortisol
Cortisol
    Constant2.279
[0.0654]
2.272
[0.103]
2.346
[0.108]
    Observations981981981
    R-squared0.1940.1980.205
SampleFullFullFull
Full controlsYYY
Maternal FE includedNNN
  • Notes: Robust standard errors in brackets.

  • Full controls include all controls listed in Table 3, Panel A.

  • One percent increase in maternal education leads to a 0.122 percent increase in offspring education.

  • If highly stressed, 1 percent increase in maternal education leads to a 0.22 percent increase in offspring education.