The National Longitudinal Survey of Youth (NLSY) is a Bureau of Labor Statistics longitudinal study that repeatedly surveys approximately 12,000 individuals every two years. These individuals, who were selected at the beginning of the survey, are followed over time and surveyed on issues such as the individual’s educational and employment experiences.
Ordered probit regressions and the NLSY can be used to estimate the probability of different levels of educational attainment. The probability of an individual obtaining a high school or college degree can be calculated based on demographic characteristics, such as race and gender, and household characteristics, such as family structure or parental educational attainment levels.
Regression analysis on NLSY data has also been used to estimate the length of time it takes for an individual’s salary to catch up after an employment termination. This data can be used to determine the appropriate length of damages in wrongful termination cases.
For more information, see http://www.bls.gov/nls.