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Table A.1
Descriptive statistics
 Obs. Mean Std. dev. Min Max 
Parents      
Age 4,999 61.25 4.642 55 70 
Gender (Male = 0) 4,999 0.200 0.401 
Education levela 4,922 2.631 0.793 
Occupational skill level 4,999 3.037 1.101 
Graduate (Yes = 1) 4,999 0.159 0.365 
First child      
Age 4,999 33.11 4.272 25 40 
Gender (Male = 0) 4,999 0.499 0.499 
Education levela 4,975 3.485 0.574 
Occupational skill level 4,999 2.084 0.983 
Graduate (Yes = 1) 4,999 0.518 0.499 
Raised by both parents (Yes = 1) 4,996 0.932 0.253 
Family size 4,995 5.771 2.226 17 
 Obs. Mean Std. dev. Min Max 
Parents      
Age 4,999 61.25 4.642 55 70 
Gender (Male = 0) 4,999 0.200 0.401 
Education levela 4,922 2.631 0.793 
Occupational skill level 4,999 3.037 1.101 
Graduate (Yes = 1) 4,999 0.159 0.365 
First child      
Age 4,999 33.11 4.272 25 40 
Gender (Male = 0) 4,999 0.499 0.499 
Education levela 4,975 3.485 0.574 
Occupational skill level 4,999 2.084 0.983 
Graduate (Yes = 1) 4,999 0.518 0.499 
Raised by both parents (Yes = 1) 4,996 0.932 0.253 
Family size 4,995 5.771 2.226 17 

aNonresponders on education were coded as 99, biasing the summary statistics. Those observations were removed.

Education: No formal education = 1, Primary education = 2, Secondary education = 3, Tertiary education = 4.

Occupational skills: Unemployed = 4, Low skilled = 3, Mid skilled = 2, High skilled = 1.

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