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Table 4 Difference-in-difference-in-difference (DDD) 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 eligible for WOTC based on employment history

Only recent veterans eligible for WOTC based on employment history

 

(1)

(2)

(3)

(4)

(5)

(6)

(7)

(8)

Disabled X veteran X WOTC eligibility period for disabled veterans

0.0472*** (4.06)

0.0485*** (4.20)

0.0471*** (4.06)

0.0480*** (4.16)

−0.0193 (−0.45)

−0.0180 (−0.43)

−0.00910 (−0.22)

−0.0084 (−0.20)

Disabled X WOTC eligibility period for disabled veterans

0.00847 (0.86)

0.00766 (0.78)

0.00952 (0.97)

0.00870 (0.89)

0.0169*** (2.71)

0.0164*** (2.63)

0.0166*** (2.66)

0.0162*** (2.59)

Veteran X WOTC eligibility period for disabled veterans

−0.0182*** (−5.71)

−0.0185*** (−5.81)

−0.0139*** (−3.26)

−0.0144*** (−3.36)

−0.0402*** (−2.65)

−0.0310** (−2.08)

−0.00807 (−0.47)

−0.0005 (−0.03)

Disabled X veteran

0.154*** (33.90)

0.152*** (32.99)

0.154*** (34.11)

0.152*** (33.23)

0.174*** (13.00)

0.172*** (12.71)

0.171*** (12.40)

0.169*** (12.13)

Disabled dummy

−0.560*** (−77.57)

−0.559*** (−76.79)

−0.563*** (−78.36)

−0.562*** (−77.58)

−0.442*** (−76.49)

−0.442*** (−76.36)

−0.444*** (−77.05)

−0.445*** (−76.91)

Veteran dummy

−0.0137*** (−5.85)

−0.0145*** (−6.17)

−0.0114*** (−4.77)

−0.0121*** (−5.05)

0.00567 (0.45)

−0.00208 (−0.16)

0.00948 (0.74)

0.00235 (0.18)

WOTC eligibility period for disabled veterans

−0.0168*** (−21.24)

−0.0147*** (−7.12)

−0.0100*** (−9.07)

−0.0266*** (−14.66)

−0.0174*** (−22.69)

−0.0151*** (−7.39)

−0.0107*** (−9.97)

−0.0271*** (−15.14)

Unemployed X veterans X WOTC eligibility period for unemployed veterans

  

0.0118 (0.95)

0.0105 (0.84)

  

0.0155 (0.48)

0.0130 (0.40)

Unemployed X veterans

  

−0.0295*** (−3.86)

−0.0296*** (−3.88)

  

−0.0199 (−0.72)

−0.0175 (−0.64)

Veterans X WOTC eligibility period for unemployed veterans

  

−0.00888** (−2.04)

−0.00824* (−1.89)

  

−0.0447*** (−3.22)

−0.0447*** (−3.22)

Unemployed X WOTC eligibility period for unemployed veterans

  

0.00983*** (3.00)

0.0093*** (2.82)

  

0.0109*** (3.43)

0.0103*** (3.24)

WOTC eligibility period for unemployed veterans

  

−0.0102*** (−8.82)

0.0111*** (5.41)

  

−0.0103*** (−9.21)

0.0110*** (5.41)

Unemployed dummy

  

−0.119*** (−48.30)

−0.117*** (−47.60)

  

−0.122*** (−51.18)

−0.120*** (−50.46)

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

1,285,543

1,285,543

1285543

1,285,543

1,285,543

1285543

1,285,543

1,285,543

  1. Notes: The table above reports marginal effects from a probit model. Demographic controls include age, a quadratic in age, dummies for educational attainment, and dummies for gender and race. Unemployed Veterans are defined as veterans who had searched for more than 4 weeks for work during the last year. Unemployed dummy refers to all individuals in the sample who had searched for more than 4 weeks during the last year. Data for this table leaves out individuals who could have qualified for WOTC, including SNAP and TANF recipients. 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.