Table A3.

Effect of Unemployment Rate on Monthly SSDI Claims, by Specification.

		Count-count (1)		Log(rate)-log(rate) (2)		Rate-rate (3)	Log(count)-rate (4)
Claims	Coef.	4,455***	0.195***	0.0016***	0.0153**
	SE	978		0.0354		0.000475	0.00581
	Mean DV	1,35,945		−2.441		0.0933	8.293
	Pct. Change	3.3		–		–	1.5
	Elasticity	0.25		0.20		0.12	0.21
Weighted by state population?		No		Yes		No	Yes
R-squared		0.987		0.976		0.956	0.997
N		3,825		3,825		3,825	3,825

Notes:

^***Significant at the 1% level.

^**Significant at the 5% level.

^*Significant at the 10% level. In all models, N = 3825 state-month observations of the number of SSDI claims filed. Coef. refers to the coefficient on the number unemployed multiplied by the number of workers equivalent to one percent of the national labor force, and thus indicates the number of additional applications of a given outcome type induced by a one-point increase in the unemployment rate. Mean DV, the mean of each dependent variable, gives the average monthly claims of a given outcome type. Percent change is the Coef./Mean DV, or the percent change in the outcome.