Table 4

Balancing tests

Firm closure sampleMass layoff sample
UnmatchedMatchedUnmatchedMatched
Sample 1174/81412/814201/8148/814
Sample 2    42/60    1/60    34/60  5/60
Sample 3    41/60    4/60    34/60  1/60
Sample 4    33/60    0/60    35/60  1/60
Sample 5    27/60    1/60    33/60  1/60
  • Each cell reports the proportion of t-tests which indicate significant (at the 10 percent level) differences in the mean between the control and treatment groups.