Table IV.
Probit and IV-Probit models of clinically meaningful depression
| Males | Females | |||
|---|---|---|---|---|
| Probit | IV-Probit | Probit | IV-Probit | |
| Social Security Income (in $1000’s) | −0.012 (0. 003) | −0.033 (0.027) | −0.007 (0.004) | −0.078 (0.009) |
| P-value | <0.001 | 0.212 | 0.081 | <0.001 |
| First Stage Notch Coefficient | - | 1.23 | - | 0.802 |
| First Stage F-Statistic | - | 7.62 | - | 14.17 |
| Rho | 0.265 (0.364) P=.462 |
0.964 (0.277) P=.001 |
||
| N | 930 | 930 | 1342 | 1342 |
Note: Models include full set of individual age fixed effects, dummies for household structure, race, ethnicity, and MSA. Marginal effects from probit models are presented, with robust standard errors clustered on primary beneficiary’s year of birth in parentheses.