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0. Brainstorm and ID the Research Question: Effect of Age of Parenthood on…
0. Brainstorm and ID the Research Question: Effect of Age of Parenthood on Financial Well-being
ID main DV and IV
Potential Instrumental Variables
Religiosity at 16
Desire to have kids
Independent Variables
Race
Gender
Main IV: Age of Parenthood
Dependent Variables
Generated Poverty Line @ 2012 levels
Real Family Income
ID the appropriate dataset
GSS (General Social Survey)
Determine the year of interest: 2012
Divide the Codebook (125 pages) to 5 people to ID variables of interest
Compiled 8 potential DVs, 64 potentials IVs, and 3 Instrumental Variables
Determine the main 3 Models
A. Linear Regression Model
First - Linear Regression without quadratic
Second - Linear Regression with quadratic term on main IV
Third - Linear Regression + quadratic + 3 Interactions
Family income at 16
Marital Status
Gender
B. Logistic Model
Third - Logistic on generated DV of poverty line
Results
Second Model
Third Model
First Model