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Table 5 Difference-in-difference (DD) effects of work opportunity tax credits (WOTC) on disconnected youth under the ARRA

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

 

(1)

(2)

Disconnected youth X WOTC eligibility period

0.0152* (1.83)

0.0157* (1.88)

Disconnected youth

−0.289*** (−101.09)

−0.285*** (−98.47)

WOTC eligibility period (Under ARRA)

−0.0688*** (−22.97)

−0.0236*** (−4.00)

State fixed effects

No

Yes

Time fixed effects

No

Yes

Demographic controls

Yes

Yes

N

260,841

260,841

  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 gender and race dummies. Disconnected Youth are defined as 16–24 year olds who are not enrolled in school and who worked less than 26 weeks in the previous year. Data for this table is restricted to 16 to 24-year-olds and 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.
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