Table 19:

Staggering Policy Estimation: Labor Market Transition Rates

a. Employment-to-Non-Employment
Coefficient	Linear	Quadratic	Time Dummy
	(1)	(2)	(3)
State-level Protection	−0.03***	−0.02*	−0.03
	(0.01)	(0.01)	(0.02)
R2	0.028	0.028	0.056
# of obs.		4,760
b. Unemployment-to-Employment
Coefficient	Linear	Quadratic	Time Dummy
	(1)	(2)	(3)
State-level Protection	−0.02	0.01	−0.03
	(0.10)	(0.08)	(0.08)
R2	0.185	0.134	0.164
# of obs.		651
c. Non-Employment-to-Employment
Coefficient	Linear	Quadratic	Time Dummy
	(1)	(2)	(3)
State-level Protection	0.02	0.01	0.004
	(0.01)	(0.01)	(0.02)
R2	0.037	0.037	0.039
# of obs.		10,909

Note: Table 19 reports regression coefficients of state-level difference-in-differences analysis. Regression also controls for education and age, as well as state and year dummies. Numbers in parentheses are standard errors clustered by state.

^***p < 1%,

^**p < 5%, and

^*p < 10%.