Table 3.

The effects of less intense unemployment expectations shocks (greater than average) on parent- and teacher-rated SDQ outcomes, separately for boys and girls.

	Parent-Rated			Teacher-Rated
	SDQ Total	Internalizing	Externalizing	SDQ Total	Internalizing	Externalizing
	(1)	(2)	(3)	(4)	(5)	(6)
A: Boys
Expectations shock	0.027	−0.034	0.068 **	0.033	−0.001	0.046
	(0.033)	(0.034)	(0.033)	(0.041)	(0.040)	(0.041)
Post-crisis	−0.033	0.001	−0.052	−0.385 **	−0.347 **	−0.300 *
	(0.129)	(0.129)	(0.128)	(0.156)	(0.151)	(0.158)
DID	−0.023	−0.032	−0.010	−0.027	−0.003	−0.035
	(0.058)	(0.058)	(0.058)	(0.069)	(0.067)	(0.070)
$H_1$: DID > 0 (p-value)	0.655	0.706	0.566	0.654	0.518	0.689
R-Square	0.083	0.058	0.076	0.047	0.030	0.044
N	5960	5960	5960	4500	4502	4502
B: Girls
Expectations shock	−0.066 **	−0.047	−0.062 **	0.002	0.001	0.003
	(0.030)	(0.032)	(0.030)	(0.033)	(0.037)	(0.030)
Post-crisis	0.034	0.203 *	−0.112	−0.078	0.108	−0.202 *
	(0.114)	(0.121)	(0.113)	(0.121)	(0.137)	(0.113)
DID	0.089 *	0.062	0.085	0.061	0.056	0.045
	(0.052)	(0.055)	(0.052)	(0.055)	(0.062)	(0.051)
$H_1$: DID > 0 (p-value)	0.043 **	0.129	0.050 **	0.135	0.183	0.190
R-Square	0.110	0.063	0.113	0.065	0.036	0.060
N	5734	5734	5734	4394	4394	4397

Notes: Estimated OLS coefficients are presented with standard errors in parentheses. All models control for demographic, financial, regional, and local labor market controls, which is our preferred specification. *, **, *** indicate significance at the 10%, 5%, and 1% levels, respectively.