Dependent variable:

Overall (= EARN)

Male (= M_EARN)

Female (= F_EARN)

White (= W_EARN)

Black (=B_EARN)

Hispanic

(= H_EARN)

(i)

(ii)

(iii)

(iv)

(v)

(vi)

Independent variables

#UR_t-4

−6.0569***

−5.1974***

−6.1265***

−6.1042***

−3.2674***

−2.4722***

(0.9298)

(1.0465)

(0.5793)

(1.4303)

(0.5402)

(0.7505)

lnGDP_t

19.9410

33.6436

134.4329*

51.0169

36.5040

192.3403***

(49.1567)

(60.7866)

(65.1690)

(54.1396)

(70.2948)

(36.6314)

MW_t

37.5982***

36.1671***

42.1090***

34.6027**

26.7443**

38.7368**

(13.0217)

(13.4578)

(65.1690)

(13.5883)

(11.4819)

(17.8574)

HS_GRADS_t

2.3438

1.9160

5.7758***

2.1126

2.8198

0.9565

(2.3616)

(1.9260)

(7.8133)

(1.5821)

(2.6902)

(0.7959)

YLFPR_t

−0.9738

−2.2226

-0.5618

−1.9423

−0.4608

−2.2482***

(1.7485)

(1.7622)

(2.1383)

(1.4537)

(1.5468)

(0.7360)

HRS_WRK_t

2.6627

3.3605

2.6573

1.6551

2.7396

1.5548

(2.0211)

(2.3694)

(1.1653)

(2.3166)

(2.1428)

(3.3088)

^OUT_HR_t

3.2523***

2.9853***

1.6405

2.7982***

3.0973***

0.6335

(0.6185)

(0.7735)

(1.8218)

(0.5447)

(1.0388)

(0.5872)

AR(1)

0.2285

0.2506

0.0665

0.2815

0.1723

0.4478***

(0.2068)

(0.1787)

(1.0935)

(0.1823)

(0.1813)

(0.0828)

_Constant

−230.1188

−296.5611

−1434.647**

−421.7099

−413.1981

−1727.048***

(513.2140)

(512.5218)

(634.0013)

(418.6013)

(700.8769)

(282.7010)

No. of Obs.

131

131

131

131

131

131

R-Squared

0.9885

0.9883

0.9829

0.9909

0.9870

0.9902