Table 3.

First-difference Models for Economic Expectation

Diff. in Economic Expectation	1	2	3	4
Diff. log annual household income	0.245 (0.128)		−1.779* (0.679)
Diff. additive financial problems index		−0.006 (0.045)		−0.226** (0.084)
Parent’s Economic Expectation (1989)			0.035 (0.058)	0.021 (0.061)
Tech/vocational/some college				−0.050 (0.413)
B.A. and above				0.123 (0.595)
Tech/vocational/some college × Diff. AFPI				0.312** (0.096)
B.A. and above × Diff. AFPI				0.223 (0.120)
Parent’s Economic Expectation (1989) × Diff. log household income			0.194** (0.066)
Constant	0.021 (0.209)	0.084 (0.182)	−0.370 (0.679)	−0.089 (0.784)
N	124	162	120	157
N-families	96	124	93	120
R-square	0.014	0	0.027	0.056

^*p<0.05,

^**p<0.01,

^***p<0.001