Dependent variable:

Overall (= YURt)

Male (= MYUR)

Female (= FYUR)

White (= WYUR)

Black (= BYUR)

Hispanic (= HYUR)

(i)

(ii)

(iii)

(iv)

(v)

(vi)

Independent variables

^URt−1

0.5110***

0.8904***

−0.0599

0.6382***

0.1222

0.2554

(0.1519)

(0.2051)

(0.1543)

(0.1956)

(0.1460)

(0.1737)

ADULTt

1.2196***

1.2785***

1.0903***

1.0336 ***

2.2842***

0.9939***

(0.0855)

(0.1404)

(0.0881)

(0.0996)

(0.1954)

(0.3469)

lnGDPt

−8.4220***

−12.9259***

−5.5827***

−9.0308***

−12.8619***

−28.0212***

(1.9546)

(3.2304)

(1.4936)

(2.3268)

(3.5989)

(6.9352)

MWt

2.0849***

2.7410***

1.5748***

2.3211***

0.0561

2.0193

(0.4355)

(0.6328)

(0.4419)

(0.4556)

(1.2189)

(2.1424)

INFLAt

0.2592***

0.1109

0.4354***

0.2474***

0.5158***

0.1036

(0.0869)

(0.1551)

(0.1124)

(0.1103)

(0.1797)

(0.2102)

TRAINt

0.1533***

0.2821***

0.0103

0.1615***

0.1546*

0.3448***

(0.0516)

(0.0817)

(0.0521)

(0.0576)

(0.0907)

(0.1312)

AR(1)

0.1839***

0.0997

0.2629***

0.1490**

0.3562***

0.6022***

(0.0688)

(0.0642)

(0.0772)

(0.0689)

(0.0934)

(0.0816)

_Constant

81.2805***

119.7921***

62.2806***

85.7268***

142.4833***

294.9931***

(17.9185)

(29.9708)

(13.9356)

(21.4554)

(36.9605)

(72.5204)

No. of Obs.

134

134

134

134

134

134

R-Squared

0.9358

0.9015

0.9076

0.9150

0.9031

0.8320