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. Author manuscript; available in PMC: 2023 Dec 7.
Published in final edited form as: Am Econ J Appl Econ. 2022 Jan;14(1):42–74. doi: 10.1257/app.20180055

Table A.14:

The Long-Run Effect of the 1980–1982 Recession on Four-Year College Degree Attainment, Robustness to Measure of Recession Severity

Measure of recession severity: 1979–1982 change in
Log earnings per capita Log earnings Log income per capita Log employment Earnings per capita, $10k
(1) (2) (3) (4) (5)
Interaction between measure of recession severity and age in 1979
 0–10 −0.470
(0.179)		 −0.339
(0.134)		 −0.675
(0.262)		 −0.340
(0.122)		 −0.223
(0.086)
 11–19 −0.286
(0.107)		 −0.204
(0.078)		 −0.419
(0.164)		 −0.202
(0.069)		 −0.137
(0.054)

Notes: The dependent variable is an indicator for four-year college degree attainment. See notes to Table 2. Sources: BEA Regional Economic Accounts, Census County Business Patterns, Confidential 2000–2013 Census/ACS data linked to the SSA NUMIDENT file