Table A.7:

The Long-Run Effects of the 1980–1982 Recession on Education, Heterogeneity by Gender and Race

	Dependent variable:
	HS/GED attainment	Any college attendance	Any college degree attainment	Four-year college degree attainment	Two-year college degree attainment	Years of schooling
	(1)	(2)	(3)	(4)	(5)	(6)
Panel A. Interaction between 1979–1982 decrease in log earnings per capita and indicator for gender by age in 1979
Men, 0–10	−0.072 (0.060)	−0.394 (0.183)	−0.453 (0.189)	−0.409 (0.167)	−0.045 (0.053)	−1.990 (0.885)
Men, 11–19	0.019 (0.046)	−0.204 (0.134)	−0.321 (0.117)	−0.253 (0.106)	−0.068 (0.052)	−1.161 (0.570)
Women, 0–10	0.029 (0.041)	−0.150 (0.140)	−0.440 (0.170)	−0.529 (0.195)	0.090 (0.086)	−1.954 (0.874)
Women, 11–19	0.088 (0.054)	−0.080 (0.119)	−0.272 (0.105)	−0.318 (0.117)	0.045 (0.062)	−0.969 (0.613)
p-value, men/women coefficients equal	0.018	0.008	0.724	0.268	0.264	0.855
Panel B. Interaction between 1979–1982 decrease in log earnings per capita and indicator for race by age in 1979
Nonwhites, 0–10	0.163 (0.230)	0.571 (0.317)	0.317 (0.234)	0.113 (0.171)	0.204 (0.118)	1.368 (1.577)
Nonwhites, 11–19	0.230 (0.133)	0.436 (0.246)	0.054 (0.141)	0.003 (0.135)	0.051 (0.073)	1.154 (0.817)
Whites, 0–10	−0.080 (0.052)	−0.409 (0.161)	−0.575 (0.185)	−0.594 (0.194)	0.018 (0.056)	−2.690 (0.962)
Whites, 11–19	−0.010 (0.041)	−0.223 (0.113)	−0.363 (0.109)	−0.349 (0.112)	−0.013 (0.042)	−1.565 (0.595)
p-value, nonwhite/white coefficients equal	0.229	0.011	0.018	0.031	0.232	0.031

Notes: Table reports results of estimating separate regressions by gender (Panel A) and race (Panel B). See notes to Table 2 for details on specification and sample.

Sources: BEA Regional Economic Accounts, Census County Business Patterns, Confidential 2000–2013 Census/ACS data linked to the SSA NUMIDENT file