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. Author manuscript; available in PMC: 2016 Jul 5.
Published in final edited form as: Am Econ J Econ Policy. 2015 Feb;7(1):63–94. doi: 10.1257/pol.20120325

Table 4.

Zip-Code Level Estimates of Effects of Foreclosures, Housing Prices, and Vacancies

Non-Elective Preventable Cancer Heart Mental Respiratory Infection
Number Visits in Year 42817 3911 334 3764 1794 5581

Baseline Zip Code Level Model, N=46,740, Mean Population=19,750

Sum of 4 Lags Foreclosure 0.7831 0.0906 0.0034 0.0909 0.0594 0.0213
P value for sum=0 0.0826 0.0009 0.3332 0.0000 0.0000 0.9224

Zip Code Level Model with House Prices Rather than Foreclosures, N = 37,635, Mean Population =23,454

Sum of 4 Lags House Prices −0.0032 −0.0004 0.0000 −0.0002 −0.0001 −0.0013
P value for sum=0 0.0000 0.0000 0.0305 0.0000 0.1589 0.0000

Zip Code Level Model Including Both Foreclosures and House Prices, N = 37,635, Mean Population =23,454

Sum of 4 Lags Foreclosure 0.7683 0.0703 0.0027 0.0762 0.0531 0.0363
P value for sum=0 0.0672 0.0003 0.3694 0.0000 0.0000 0.8706
Sum of 4 Lags House Prices −0.0024 −0.0003 0.0000 −0.0001 0.0000 −0.0012
P value for sum=0 0.0000 0.0000 0.0774 0.0007 0.4974 0.0000

Notes: Regressions of hospitalization plus ER rates on foreclosure rates included zip code fixed, effects, county*quarter*yea effects and time trends for clusters of zip codes. Standard errors in parentheses. ***, **, and * indicate that the estimate is statistically significant at the 99th, 95th, and 90th percent level of confidence. Bold face indicates that the sum of lags is significantly different than zero.