. Author manuscript; available in PMC: 2016 Mar 8.

Published in final edited form as: Health Aff (Millwood). 2015 Jun;34(6):946–953. doi: 10.1377/hlthaff.2014.1006

Exhibit 3. The Impact of PEPFAR on Employment.

Source: Authors' Analysis

	Age Groups
	(1) All	(2) 15-24	(3) 25-34	(4) 35-44	(5) 45-54

	Panel A: Males
Effect of PEPFAR on Probability of Employment in Last 12 Months	0.0994^***	0.165^**	0.0545^***	0.0259^*	0.0465^***
Observations	228395	86787	61147	43779	28796

	Panel B: Females
Effect of PEPFAR on Probability of Employment in Last 12 Months	-0.0557	-0.0650^*	-0.0647^*	-0.0579^*	-0.0512
Observations	553317	226158	171552	112533	41463

Notes: Each column in each panel represents a separate regression for different age groups. “The Effect of PEPFAR on Probability of Employment in Last 12 Months” represents the difference-in-differences coefficient (PEPFAR X POST) in the regression model (See Appendix for details). This is the difference in changes in employment from Pre-2004 to Post-2004 between PEPFAR and Control countries. Standard errors were clustered at the country level. All models include country and year fixed-effects and are weighted by country population.

p<.10

^**

p<.05

^***

p<.01