Table 6.
Probit Models of Special Education or Early Intervention Services for Emotional or Behavioral Problems
| Panel A. Effects of State Unemployment Rate | ||
| (1) | (2) | |
| Marginal Effect | 0.00091** | 0.00113* |
| (SE) | (0.0004) | (0.00058) |
| Mean, Dep. Var. | 0.024 | 0.024 |
| Relative Effect of 1.51 Percentage Point Fall in Unemployment Rate | –5.7% | –7.1% |
| Area-Specific Linear Time Trends | No | Yes |
| Panel B. Effects of State Housing Price Index | ||
| (1) | (2) | |
| Marginal Effect | –0.0041* | –0.0015 |
| (SE) | (0.0023) | (0.0024) |
| Mean, Dep. Var. | 0.024 | 0.024 |
| Relative Effect of 0.19 Point Rise in Housing Price Index | –3.2% | –1.2% |
| Area-Specific Linear Time Trends | No | Yes |
| Sample size | 240,006 | 240,006 |
Note: 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.