Table 3.

Regression Results, Outcomes Based on Emotional Difficulty Score

	Panel A. State Unemployment Rate
	Mental Health Severity (0–3)		Likely Psychological Problem (0/1)
	(1)	(2)	(3)	(4)
Marginal Effect	0.0084**	0.0082	0.0035***	0.0053***
(SE)	(0.0035)	(0.0053)	(0.0011)	(0.0016)
Mean, Dep. Var.	0.263	0.263	0.051	0.051
Relative Effect of 1.51 Percentage Point Fall in Unemployment Rate	−4.8%	−4.8%	−10.4%	−15.7%
Area-specific linear time trends	No	Yes	No	Yes
	Panel B. State Housing Price Index
	Mental Health Severity (0–3)		Likely Psychological Problem (0/1)
	(1)	(2)	(3)	(4)
Marginal Effect	−0.065***	−0.061***	−0.020***	−0.024***
(SE)	(0.015)	(0.019)	(0.005)	(0.007)
Mean, Dep. Var.	0.263	0.263	0.051	0.051
Relative Effect of 0.19 Point Rise in Housing Price Index	−4.7%	−4.4%	−7.4%	−8.9%
Area-specific linear time trends	No	Yes	No	Yes
Sample size	110,267	110,267	110,267	110,267

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 are described in Table 2.

^*p-value <.10

^**p-value<.05

^***p-value<.01.