Time

−0.0001

(−0.4)

−0.0001

(−0.18)

0.0010

(1.72)

−0.0499

(−0.57)

−0.001***

(−3.45)

−0.0842

(−0.92)

−0.0009***

(−2.96)

CAR

0.0002

(0.11)

−0.0069

(−0.5)

−0.0017

(−1.04)

−0.5473

(−0.49)

0.0091***

(3.99)

0.0225

(0.03)

0.0085***

(3.37)

fwage

0.0000

(0.46)

0.0001

(0.45)

0.0003**

(2.38)

0.1673***

(4.2)

0.0000

(0.71)

0.0305**

(2.52)

0.0000

(−0.2)

LEV

−0.063***

(−4.8)

−0.052***

(−2.83)

−0.0470**

(−2.53)

−10.4924**

(−2.44)

−0.043***

(−2.99)

−10.015**

(−2.36)

−0.0341**

(−2.36)

State*pp2

−0.0003

(−1.43)

−0.1247*

(−1.79)

State

−0.2457

(−1.56)

−0.0002

(−0.38)

−0.254* (−1.79)

0.0002

(0.64)

cons

0.0664***

(6.54)

0.1000***

(5.59)

0.1045***

(5.64)

10.2057**

(2.57)

0.0453***

(3.56)

9.2805**

(2.35)

0.0381***

(2.93)

N

159

95

64

159

159

159

159

chi2

287.11***

36.83***

246.15***

F

32.12***

12.84***

42.13***

4.64***

R-sq

0.8087

0.7528

0.9335

0.2190

0.5547

0.0480

0.5887