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BRUCE D. MEYER AND DAN T. ROSENBAUM - page 28 / 52

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TABLE IV POLICY VARIABLES ON THE EMPLOYMENT OF SINGLE WOMEN DERIVATIVE (STANDARD ERROR)

PROBIT ESTIMATES OF THE EFFECT OF AVERAGE

March CPS, worked last year = 1

last week = 1

ORG, worked

QUARTERLY JOURNAL OF ECONOMICS

> 12

(8)

0.0207 (0.0063) 0.0068 (0.0045) 0.0233 (0.0125) 0.1194 (0.0417) 0.0072 (0.0059) 0.0169 (0.0149) 0.0148 (0.0250) 0.0257 (0.0376)

Years of education

12

< 12

(7)

(6)

0.0526 (0.0090) 0.0349 (0.0063) 0.0626 (0.0177) 0.2019 (0.0586) 0.0007 (0.0076) 0.0072 (0.0209) 0.0532 (0.0375) 0.1222 (0.0507)

0.0879 (0.0150) 0.0579 (0.0106) 0.1177 (0.0299) 0.2694 (0.0944) 0.0119 (0.0109) 0.0256 (0.0329) 0.1174 (0.0607) 0.0708 (0.0849)

All

(5)

0.0449 (0.0053) 0.0295 (0.0038) 0.0571 (0.0107) 0.1742 (0.0348) 0.0045 (0.0044) 0.0191 (0.0125) 0.0482 (0.0223) 0.0759 (0.0310)

> 12

(4)

0.0182 (0.0051) 0.0218 (0.0036) 0.0539 (0.0109) 0.1087 (0.0363) 0.0167 (0.0055) 0.0065 (0.0102) 0.0124 (0.0158) 0.0563 (0.0283)

education

12

(3)

0.0334 (0.0057) 0.0357 (0.0040) 0.0916 (0.0121) 0.2547 (0.0398) 0.0013 (0.0056) 0.0192 (0.0119) 0.0354 (0.0181) 0.0715 (0.0311)

Years of

< 12

(2)

0.0417 (0.0080) 0.0425 (0.0056) 0.0654 (0.0171) 0.2926 (0.0522) 0.0040 (0.0066) 0.0408 (0.0160) 0.0355 (0.0260) 0.0824 (0.0430)

All

(1)

0.0273 (0.0034) 0.0340 (0.0024) 0.0772 (0.0073) 0.1985 (0.0239) 0.0096 (0.0033) 0.0136 (0.0071) 0.0222 (0.0110) 0.0805 (0.0190)

Explanatory variable

Income taxes if work in $1000s/year Welfare maximum benet in $1000s/year Welfare benet if work in $1000s/year Probability of AFDC receipt if work Medicaid if work in $1000s/year Waiver—any time limit (Indicator variable) Waiver—any terminations (Indicator variable) Training—education in $1000s/year

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