| Children, Married (1) | Children, Single (2) | No Children(3) | |
| Panel A: Y = EITC/Population [Baseline Specification] | |||
| Unemployment rate | 0.889*** | -0.899 | 0.252* |
| (0.273) | (1.329) | (0.132) | |
| Mean Y | 0.146 | 0.868 | 0.079 |
| Percent Impact (%) | 6.1 | -1.0 | 3.2 |
| Observations | 1,326 | 1,326 | 1,326 |
| Panel B: Y = Log(EITC/Population) | |||
| Unemployment rate | 7.468*** | -1.057 | 3.333 |
| (1.964) | (1.602) | (3.295) | |
| Mean Y | -2.017 | -0.183 | -2.882 |
| Percent Impact (%) | 7.5 | -1.1 | 3.3 |
| Observations | 1,290 | 1,322 | 1,249 |
| Panel C: Y = Log(EITC) | |||
| Unemployment rate | 5.733** | -0.300 | 4.095 |
| (2.350) | (1.785) | (6.246) | |
| Mean Y | 10.032 | 11.068 | 9.587 |
| Percent impact (%) | 5.7 | -0.3 | 4.1 |
| Observations | 1,290 | 1,322 | 1,249 |
| Panel D: Y = Log(EITC), Control for Population | |||
| Unemployment Rate | 5.595** | -0.416 | 4.057 |
| (2.349) | (1.764) | (6.258) | |
| Mean Y | 10.032 | 11.068 | 9.587 |
| Percent impact (%) | 5.6 | -0.4 | 4.1 |
| Observations | 1,290 | 1,322 | 1,249 |
| Panel E: Y = EITC/(State Population) | |||
| Unemployment Rate | 0.045*** | 0.009 | 0.028** |
| (0.015) | (0.029) | (0.011) | |
| Mean Y | 0.008 | 0.022 | 0.007 |
| Percent impact (%) | 5.9 | 0.4 | 4.1 |
| Observations | 1,326 | 1,326 | 1,326 |
Notes: Data are from the 1996-2008 Statistics of Income. The sample excludes high-income earners, late filers, individuals living abroad and married couples filing separately. The dependent variable in Panel A is total number of tax returns with EITC claims divided by the total number of potential filing units in each cell, calculated from the corresponding survey years of the CPS ASEC. The dependent variable in Panels B and C is the natural logarithm of total number of tax returns with EITC claims, and the dependent variable in Panel D is total number of tax returns with EITC claims divided by the state population. All regressions include controls for demographic characteristics, as well as state and year fixed effects, and Panel C includes an additional control for the total population of potential filers in each cell. The results are weighted by the population of potential filers in each cell in Panels A and B, and by the state population in Panel E. The results in panels C and D are unweighted. The unemployment rate is measured in percentage points. Percent impact in Panels A and E is calculated as the effect of a 1 percentage point (1 unit) increase in the unemployment rate divided by the mean value of the dependent variable. Percent impact in Panels B,C, and D is given by the coefficient, as it is alog linearmodel. Standard errors areclusteredby state and showninparentheses. *p < 0.10, **p < 0.05, ***p < 0.01.