Table 5.2:  Probit Results for Probability of Working Full-Time

 

(1)

(2)

(3)

Market Wages

Predicted Wages

Own Wages
if Working,
Else Predicted
Wages

Independent Variables

Coefficient

SE

Marginal Effect

Coefficient

SE

Marginal Effect

Coefficient

SE

Marginal Effect

Wage

0.356**

(0.162)

0.068

0.429

(0.299)

0.080

0.142**

(0.024)

0.026

Wage Squared

-0.013**

(0.006)

-0.003

-0.016

(0.011)

-0.003

-0.005**

(0.001)

-0.001

Demographic Variables

Male

0.496**

(0.160)

0.071

0.505**

(0.161)

0.070

0.538**

(0.161)

0.072

Age

0.091**

(0.015)

0.017

0.081**

(0.018)

0.015

0.082**

(0.016)

0.015

Age Squared

-0.001**

(0.000)

-0.0002

-0.001**

(0.000)

-0.0002

-0.001**

(0.000)

-0.0002

Some College

-0.192**

(0.073)

-0.038

-0.209**

(0.074)

-0.041

-0.214**

(0.073)

-0.041

AA Degree

-0.012

(0.072)

-0.002

-0.033

(0.073)

-0.006

-0.039

(0.072)

-0.007

Bachelor, Master, PhD, or Professional School Degree

0.018

(0.135)

0.003

0.016

(0.141)

0.003

0.018

(0.138)

0.003

Black

0.202**

(0.087)

0.035

0.217**

(0.086)

0.037

0.217**

(0.087)

0.036

Hispanic

-0.097

(0.152)

-0.020

-0.084

(0.151)

-0.017

-0.047

(0.154)

-0.009

Native American

-0.249

(0.251)

-0.055

-0.187

(0.246)

-0.039

-0.217

(0.238)

-0.045

Asian

-0.007

(0.251)

-0.001

-0.068

(0.247)

-0.013

-0.029

(0.235)

-0.005

Not a U.S. Citizen

0.308

(0.243)

0.049

0.326

(0.240)

0.050

0.305

(0.236)

0.047

Citizen by Naturalization

0.680**

(0.215)

0.085

0.715**

(0.211)

0.086

0.690**

(0.203)

0.083

Family Characteristics

Weekly Earnings of All Household Members Except Nurse

-0.0001*

(0.000)

-0.00002

-0.0001

(0.000)

-0.00001

-0.00004

(0.000)

-0.00001

Married

-0.424**

(0.097)

-0.076

-0.421**

(0.096)

-0.073

-0.444**

(0.096)

-0.076

Previously Married

0.019

(0.110)

0.004

0.020

(0.109)

0.004

0.006

(0.110)

0.001

No. of Kids Aged 0-5 in Household

-0.128**

(0.047)

-0.024

-0.123**

(0.046)

-0.023

-0.111**

(0.046)

-0.020

No. of Kids Aged 6-12 in Household

-0.139**

(0.034)

-0.026

-0.133**

(0.034)

-0.025

-0.129**

(0.034)

-0.024

No. of Kids Aged 13-17 in Household

-0.119**

(0.040)

-0.023

-0.119**

(0.039)

-0.022

-0.112**

(0.039)

-0.021

Market Characteristics

Northeast

-0.137

(0.086)

-0.027

-0.146*

(0.086)

-0.029

-0.150*

(0.086)

-0.029

Midwest

-0.004

(0.083)

-0.001

0.004

(0.085)

0.001

0.001

(0.082)

0.000

South

0.271**

(0.089)

0.049

0.290**

(0.093)

0.051

0.260**

(0.085)

0.045

MSA Population 100,000-499,999

-0.236**

(0.081)

-0.050

-0.228**

(0.082)

-0.047

-0.210**

(0.079)

-0.042

MSA Population 500,000-999,999

-0.189*

(0.099)

-0.039

-0.189*

(0.099)

-0.039

-0.184*

(0.096)

-0.037

MSA Population 1,000,000-2,499,999

-0.142

(0.094)

-0.029

-0.149

(0.098)

-0.030

-0.143

(0.089)

-0.028

MSA Population 2,500,000+

-0.084

(0.087)

-0.017

-0.071

(0.115)

-0.014

-0.060

(0.082)

-0.011

Year Dummy Variables

1995

-0.016

(0.093)

-0.003

-0.010

(0.092)

-0.002

-0.002

(0.093)

0.000

1996

0.037

(0.101)

0.007

0.038

(0.104)

0.007

0.021

(0.100)

0.004

1997

0.059

(0.100)

0.011

0.076

(0.109)

0.014

0.052

(0.100)

0.009

1998

0.058

(0.101)

0.011

0.064

(0.103)

0.012

0.069

(0.100)

0.012

1999

0.195*

(0.106)

0.034

0.187*

(0.105)

0.032

0.180

(0.106)

0.030

2000

0.118

(0.102)

0.021

0.120

(0.103)

0.021

0.106

(0.102)

0.019

2001

0.214**

(0.104)

0.037

0.209**

(0.103)

0.035

0.189*

(0.104)

0.032

 

Log-likelihood

-1558.87

-1581.61

-1554.77

N

4,351

4,478

4,478

*p < 0.10
**p < 0.05

Source: Current Population Survey Outgoing Rotation Group Files, 1994-2001

Notes: (1) dependent variable equals one if usually works 30+ hours per week, and equals zero otherwise; (2) in column one, sample is restricted to licensed practical/vocational nurses who reported being employed; (3) all regressions include a constant; and (4) standard errors are estimated using the "robust" option in Stata.