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Table 3 Difference-in-difference (DD) effects of work opportunity tax credits (WOTC) on disabled veterans and unemployed veterans

From: What factors contributed to changes in employment during and after the Great Recession?

 

All veterans

Recent veterans only

 

(1)

(2)

(3)

(4)

(5)

(6)

(7)

(8)

Disabled veteran X WOTC eligibility period for disabled veterans

0.0491*** (5.57)

0.0471*** (4.83)

0.0499*** (5.69)

0.0501*** (5.72)

−0.0127 (−0.30)

−0.0115 (−0.30)

−0.0043 (−0.10)

0.0003 (0.01)

Disabled veteran dummy

−0.237*** (−24.95)

−0.212*** (−27.84)

−0.239*** (−25.13)

−0.242*** (−25.31)

−0.0641 (−1.48)

−0.0635* (−1.72)

−0.0706 (−1.62)

−0.0801* (−1.81)

WOTC eligibility period for disabled veterans

−0.0416*** (−13.99)

−0.0393*** (−5.23)

−0.0204*** (−5.00)

−0.0129* (−1.89)

−0.0634*** (−5.53)

−0.0397** (−1.97)

−0.0182 (−1.18)

−0.0105 (−0.49)

Unemployed veterans X WOTC eligibility period for unemployed veterans

  

0.0203** (1.97)

0.0181* (1.75)

  

0.0208 (0.76)

0.0188 (0.68)

Unemployed veterans dummy

  

−0.167*** (−20.06)

−0.163*** (−19.58)

  

−0.128*** (−4.32)

−0.121*** (−4.11)

WOTC eligibility period for unemployed veterans

  

−0.0308*** (−7.15)

−0.0295*** (−3.55)

  

−0.0609*** (−5.36)

−0.0484*** (−2.65)

State fixed effects

No

Yes

No

Yes

No

Yes

No

Yes

Time fixed effects

No

Yes

No

Yes

No

Yes

No

Yes

Demographic controls

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

N

100,584

100,591

100,584

100,584

9,505

9,514

9,505

9,505

  1. Notes: The table above reports marginal effects from probit models. Demographic controls include age, a quadratic in age, dummies for education attainment, and gender and race dummies. Unemployed Veterans are defined as veterans who had searched for more than 4 weeks for work during the last year. Data for this table was restricted to veterans only. Data is from Annual Social and Economic (ASEC) supplement of the Current Population Survey spanning the years 2003–2013.
  2. t statistics in parenthesis.
  3. *p < 0.10, **p < 0.05, ***p < 0.01.