Thesis

Chapter 2. Early Skills and Adult Life Satisfaction Table2.2: Regression estimates of the baseline relationship between adult life satisfaction and early skills. Life satisfaction Without Controls With Controls Age 29 Age 34 Age 42 Age 46 Age 29 Age 34 Age 42 Age 46 Panel A: Reading Skill .096*** .089*** .078*** .043*** .069*** .064*** .060*** .028* (.012) (.013) (.013) (.014) (.014) (.016) (.016) (.017) Constant -.007 .002 -.005 -.008 -.061*** -.042** -.038** -.065*** (.011) (.012) (.012) (.013) (.016) (.017) (.017) (.018) Controls NO NO NO NO YES YES YES YES Obs. 8,264 7,177 7,175 6,281 8,164 7,097 7,086 6,203 R-squared .009 .007 .006 .002 .012 .011 .007 .005 Panel B: Math Skill .098*** .090*** .094*** .071*** .090*** .080*** .099*** .087*** (.012) (.013) (.012) (.013) (.015) (.016) (.016) (.017) Constant -.006 .004 -.006 -.013 -.071*** -.052*** -.049*** -.077*** (.011) (.012) (.012) (.013) (.016) (.017) (.017) (.019) Controls NO NO NO NO YES YES YES YES Obs. 8,265 7,179 7,173 6,277 8,162 7,094 7,080 6,197 R-squared .009 .008 .008 .005 .014 .012 .010 .008 Note. This table represents the results for a regression of life satisfaction at ages 29, 34, 42, and 46 (in SD) on early reading and math skills (in SD). The four leftmost columns present the results without controls. The four rightmost columns present the results, controlled for intelligence and sex. Robust standard errors are in parentheses. ***p< .01, **p< .05, *p< .1. economic, social, and cultural capital that may shape the individual’s skills and life satisfaction (through e.g., financial resources, social networks, values, and beliefs). Results show that part of the relationship between early reading skills and life satisfaction is driven by these forms of capital, with the link between early reading skills and life satisfaction becoming insignificant only at age 46. For math, 28

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