Table III.
OLS and Two-Stage Least Squares models of CES-D Score
| Males | Females | |||
|---|---|---|---|---|
| OLS | IV | OLS | IV | |
| Social Security Income (in $1000’s) | −0.067 (0.012) | −0.009 (0.088) | −0.032 (0.018) | −0.541 (0.270) |
| P-value | <.001 | 0.919 | 0.084 | 0.043 |
| First Stage Notch Coefficient | - | 1.23 | - | 0.802 |
| First Stage F-Statistic | - | 7.47 | - | 14.17 |
| Hausman Test P-value | 0.583 | 0.010 | ||
| N | 930 | 930 | 1342 | 1342 |
Note: Models include full set of individual age fixed effects, dummies for household structure, race, ethnicity, and MSA. Robust standard errors clustered on primary beneficiary’s year of birth are in parentheses.