Appendix Table 11:
(1) | (2) | (3) | (4) | (5) | (6) | |
---|---|---|---|---|---|---|
Sample: | No ADLs | 1 ADL | 2 ADLs | 1+ ADLs | 2+ ADLs | 3+ ADLs |
Panel A: 60–69 sample | ||||||
Unemployment rate | −0.0024* | −0.0359** | −0.0394 | −0.0287** | −0.0251* | −0.0198 |
(0.0014) | (0.0167) | (0.0254) | (0.0142) | (0.0148) | (0.0201) | |
Observations | 45600 | 3536 | 1532 | 6908 | 3372 | 1840 |
Mean dependent variable | 0.027 | 0.334 | 0.589 | 0.494 | 0.661 | 0.721 |
Panel B: 70+ sample | ||||||
Unemployment rate | 0.0014 | 0.0064 | 0.0149 | 0.0128** | 0.0111 | 0.0095 |
(0.0025) | (0.0108) | (0.0150) | (0.0061) | (0.0067) | (0.0121) | |
Observations | 46888 | 6735 | 3191 | 15938 | 9203 | 6012 |
Mean dependent variable | 0.075 | 0.409 | 0.578 | 0.497 | 0.561 | 0.551 |
Note: Each cell reports the coefficient on the state annual unemployment rate from a separate linear probability model using data from the HRS sample. All specifications control for a quadratic in age, gender, education, marital status, race and ethnicity, number of children, share of the state population aged 18–64 and aged 65 and over, state log expenditures on total Medicaid and Medicaid HCBS services for the older population and population with physical disabilities, as well as state, year, and linear time trends by state. Standard errors, clustered by state, are in parentheses.
p < 0.10,
p < 0.05,
p < 0.01