Table 2.

Effects on household financial resilience, food security, and stress - indexes.

	Resilience	Food security	Stress
	(1)	(2)	(3)
Panel A: Bandwith -12 to 12
Above cutoff	0.0971∗∗ (0.0426)	0.0983∗∗∗ (0.0348)	−0.0566∗ (0.0301)
Mean (Below cutoff)	0.35	0.47	0.92
N	1183	1183	1172
Panel B: Bandwith -24 to 24
Above cutoff	0.0933∗∗∗ (0.0308)	0.0839∗∗∗ (0.0250)	−0.0359∗ (0.0212)
Mean (Below cutoff)	0.37	0.46	0.91
N	2085	2085	2067
Panel C: Bandwith -36 to 36
Above cutoff	0.0706∗∗∗ (0.0259)	0.0674∗∗∗ (0.0208)	−0.0189 (0.0174)
Mean (Below cutoff)	0.38	0.45	0.91
N	3056	3056	3031
Panel D: Optimal Bandwidth
Above cutoff	0.0919∗∗ (0.0398)	0.0897∗∗∗ (0.0280)	−0.0549∗∗ (0.0261)
Mean (Below cutoff)	0.35	0.46	0.91
Number of observations (total)	1327	1688	1455
Bandwidth (−/+)	13.9	19.0	15.9
Number of obs (left of the cutoff)	836	998	894
Number of obs (right of the cutoff)	596	818	676

∗∗∗ p < 0.01, ∗∗ p < 0.05, ∗∗∗p < 0.1.

Note: The table reports RD estimates corresponding to equation (1). Results for each outcome are reported in each column. All regressions include linear trends of the running variable on each side of the cutoff, as well as demographic controls, state fixed effects, and date-of-data-collection fixed effects. Demographic controls include the respondents' age, gender, civil status (single vs. married or cohabiting), and educational attainment (primary, secondary, college, graduate studies). We also control for household size and the number of school-age children in the household. Robust standard errors are reported in parentheses. Triangular kernels are used in all regressions. Panel A, B and C report results using bandwidths of 12, 24 and 36 months before and after the eligibility threshold (60 years old in March 2020). Panel D reports RD estimates using the bandwidth selection procedure of Calonico et al. (2019). Each dependent variable is an index computed by taking an unweighted average of each individual outcome in a given category. Resilience includes the probability of being able to cover an unexpected financial shock and the probability of having enough resources to cover a week's worth of expenses. Food security includes the probability that a household has enough food in stock to cover a week's worth of meals, the probability that no household member experienced hunger, and the probability that the household does not report eating less healthily (such that higher values imply higher food security). Stress includes indicators of whether the respondent feels stressed due to the pandemic and due to the health of her/his family members.