Table 4:

Heterogeneous effects of macroeconomic conditions on informal care receipt

	Age 60–69			Age 70+
By education of potential care recipient	No college	College	P(diff)	No college	College	P(diff)
Unemployment rate	−0.0137***	−0.0005	[0.00]	0.0096**	−0.0039	[0.01]
	(0.0036)	(0.0030)		(0.0039)	(0.0042)
Observations	30987	21543		41068	21782
Mean dependent variable	0.113	0.054		0.211	0.126
By marital status of potential care recipient	Married	Not married	P(diff)	Married	Not married	P(diff)
Unemployment rate	−0.0085***	−0.0047	[0.56]	0.0034	00073*	[0.57]
	(0.0028)	(0.0052)		(0.0037)	(0.0046)
Observations	39289	13252		34396	28457
Mean dependent variable	0.084	0.103		0.163	0.204
By gender of potential care recipient	Male	Female	P(diff)	Male	Female	P(diff)
Unemployment rate	−0.0089**	−0.0064*	[0.53]	0.0034	0.0058*	[0.52]
	(0.0035)	(0.0034)		(0.0044)	(0.0039)
Observations	23404	29126		26141	36712
Mean dependent variable	0.078	0.097		0.165	0.193

Notes: Data from the HRS samples of individuals 60–69 (first three columns) and individuals 70 and over (last three columns). Aside from the columns reporting “P(diff)”, each cell reports the coefficient on the state annual unemployment rate from a separate linear probability model. The “P(diff)” columns report the p-value of the difference in coefficients between the two columns to the left. 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.