Table 2.

Regression Results, Outcomes from Strenghts & Difficulties Questionnaire Scale

	Panel A. State Unemployment Rate
	Mental Health Severity (0–10)		Likely Psychological Problem (0/1)
	(1)	(2)	(3)	(4)
Marginal Effect	0.0263*	0.0434**	0.0030**	0.0037***
(SE)	(0.0132)	(0.0163)	(0.0012)	(0.0014)
Mean, Dep. Var.	1.71	1.71	0.041	0.041
Relative Effect of 1.51 Percentage Point Drop in Unemployment Rate	−2.3%	−3.8%	−11.0%	−13.6%
Area-specific linear time trends	No	Yes	No	Yes
	Panel B. State Housing Price Index
	Mental Health Severity (0–10)		Likely Psychological Problem (0/1)
	(1)	(2)	(3)	(4)
Marginal Effect	−0.179**	−0.185**	−0.014**	−0.014*
(SE)	(0.068)	(0.084)	(0.006)	(0.007)
Mean, Dep. Var.	1.71	1.71	0.041	0.041
Relative Effect of 0.19 Point Rise in Housing Price Index	−2.0%	−2.1%	−6.4%	−6.4%
Area-specific linear time trends	No	Yes	No	Yes
Sample size	94,229	94,229	94,229	94,229

Note: Results are from OLS (Columns 1–2) and probit (Columns 3–4) models with robust standard errors clustered on the state. A fall in unemployment rate of 1.51 percentage points and a rise in HPI of 0.19 represent one standard deviation improvements in economic conditions. Covariates include age, sex, race/ethnicity, parental education, parental age, and parental marital status. Models include a full set of state fixed effects and time fixed effects.

^*p-value <.10

^**p-value<.05

^***p-value<.01.