Appendix Table 14:

Effect of macroeconomic conditions on the receipt of formal and informal care, sample with 2+ ADLs

	Formal care				Any type (formal or informal) of care
	Any formal care	Nursing home resident	In home formal care	Assisted liv. resident	Any care	Any ADL care	Any IADL care
	(1)	(2)	(3)	(4)	(5)	(6)	(7)
Sample: age 60–69
Unemployment rate	0.0208*	0.0023	0.0042	0.0160***	−0.0154	−0.0104	−0.0100
	(0.0120)	(0.0063)	(0.0081)	(0.0050)	(0.0154)	(0.0151)	(0.0170)
Observations	3372	3374	3372	3374	3374	3374	3374
Mean dependent variable	0.1892	0.0578	0.1047	0.0350	0.7501	0.6183	0.6020
Sample: age 70 and over
Unemployment rate	−0.0016	−0.0057	0.0022	0.0029	0.0076	0.0053	0.0043
	(0.0056)	(0.0061)	(0.0062)	(0.0053)	(0.0048)	(0.0063)	(0.0063)
Observations	9203	9204	9203	9204	9204	9204	9204
Mean dependent variable	0.4931	0.2702	0.2021	0.0524	0.8752	0.7847	0.7869

Notes: Data from the HRS samples of individuals 60–69 (first panel) and individuals 70 and over (second panel) who have difficulty with two or more ADLs. Each cell reports the coefficient on the state annual unemployment rate from a separate linear probability model. 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