Table 1.

The effects of unemployment expectations shocks (top 25th percentile) on parent-rated SDQ outcomes, separately for boys and girls.

	Models Excluding Local Labor Market Controls			Models Including Local Labor Market Controls
	SDQ Total	Internalizing	Externalizing	SDQ Total	Internalizing	Externalizing
	(1)	(2)	(3)	(4)	(5)	(6)
A: Boys
Expectations shock	0.082 **	0.021	0.108 ***	0.069 *	0.016	0.092 **
	(0.040)	(0.040)	(0.040)	(0.041)	(0.042)	(0.041)
Post-crisis	−0.056	−0.010	−0.076	−0.044	0.002	−0.068
	(0.127)	(0.128)	(0.127)	(0.128)	(0.128)	(0.127)
DID	0.002	−0.030	0.027	−0.002	−0.034	0.024
	(0.071)	(0.072)	(0.071)	(0.072)	(0.072)	(0.072)
$H_1$: DID > 0 (p-value)	0.491	0.663	0.352	0.513	0.682	0.368
R-Square	0.083	0.057	0.076	0.084	0.058	0.077
N	5960	5960	5960	5960	5960	5960
B: Girls
Expectations shock	−0.026	−0.014	−0.029	−0.042	−0.034	−0.035
	(0.037)	(0.039)	(0.036)	(0.038)	(0.040)	(0.037)
Post-crisis	0.034	0.194	−0.106	0.044	0.209 *	−0.103
	(0.113)	(0.119)	(0.112)	(0.113)	(0.119)	(0.112)
DID	0.133 **	0.091	0.128 **	0.152 **	0.108	0.143 **
	(0.066)	(0.069)	(0.065)	(0.066)	(0.070)	(0.065)
$H_1$: DID > 0 (p-value)	0.021 **	0.094 *	0.024 **	0.011 **	0.060 *	0.015 **
R-Square	0.108	0.062	0.113	0.110	0.063	0.113
N	5734	5734	5734	5734	5734	5734

Notes: Estimated Ordinary Least Squares (OLS) coefficients are presented with standard errors in parentheses. All models control for demographic, financial, and regional variables, unless otherwise indicated. Complete regression results can be found in Table S6 for boys and Table S7 for girls. *, **, *** indicate significance at the 10%, 5%, and 1% levels, respectively. DID: difference-in-differences.