_title'
------------------------------------------------------------------------------------------------------------------------
                       (1)          (2)          (3)          (4)          (5)          (6)          (7)          (8)   
                    Full 1       Full 2        H/O 1        H/O 2      Nboom 1      Nboom 2       Boom 1       Boom 2   
------------------------------------------------------------------------------------------------------------------------
drat                -5.234                    -5.524                    -4.205                    -8.225                
                   (0.238)                   (0.368)                   (0.563)                   (0.497)                

Head age            -0.128**     -0.101       -0.147       -0.103       -0.092       -0.066       -0.228       -0.150   
                   (0.091)      (0.171)      (0.212)      (0.292)      (0.503)      (0.571)      (0.326)      (0.426)   

Head college d~e    -4.774***    -5.299***    -5.216**     -5.544***    -9.295***    -9.685***     4.555        5.336   
                   (0.049)      (0.027)      (0.064)      (0.049)      (0.006)      (0.004)      (0.377)      (0.313)   

Income in t-1        0.010        0.004        0.017        0.013        0.030        0.023        0.007        0.005   
                   (0.434)      (0.777)      (0.218)      (0.348)      (0.187)      (0.331)      (0.661)      (0.755)   

State UR             0.177        0.284       -0.109       -0.173        0.228       -0.173       -3.492       -3.044   
                   (0.887)      (0.820)      (0.943)      (0.910)      (0.901)      (0.927)      (0.348)      (0.421)   

del(State UR)        0.268       -0.059       -0.791       -1.103       -0.991       -0.719        3.615        2.041   
                   (0.880)      (0.974)      (0.717)      (0.615)      (0.710)      (0.789)      (0.517)      (0.728)   

del(IHS Y)           0.122***     0.123***     0.098***     0.100***     0.073***     0.074***     0.180***     0.190***
                   (0.000)      (0.000)      (0.000)      (0.000)      (0.022)      (0.019)      (0.003)      (0.002)   

del(IHS NW)          0.021***     0.024***     0.018***     0.024***     0.026***     0.030***     0.005        0.020   
                   (0.000)      (0.000)      (0.004)      (0.002)      (0.001)      (0.001)      (0.674)      (0.292)   

L2.mds_to_y         -5.039       -5.762       -3.721       -3.595       -2.996       -2.536       -7.337       -6.769   
                   (0.232)      (0.174)      (0.371)      (0.395)      (0.604)      (0.667)      (0.237)      (0.301)   

del_drat                         10.527                    14.291                    14.678                    26.086   
                                (0.487)                   (0.406)                   (0.487)                   (0.502)   

Constant             1.191       -0.583        9.117        7.239        4.735        5.272       18.957       14.218   
                   (0.869)      (0.934)      (0.384)      (0.455)      (0.693)      (0.658)      (0.381)      (0.453)   
------------------------------------------------------------------------------------------------------------------------
Adjusted R-squ~d     0.023        0.025        0.012        0.011        0.012        0.014        0.015       -0.013   
Observations          3619         3619         2180         2180         1602         1602          578          578   
------------------------------------------------------------------------------------------------------------------------
p-values in parentheses
Dependent variable is diff of IHS non housing consumption. HHs with complete set of intvws 2005-2009. Regressions drop extreme outliers for M/HV & DSR.
* p<.15, ** p<.10, *** p<.05
_title'
------------------------------------------------------------------------------------------------------------------------
                       (1)          (2)          (3)          (4)          (5)          (6)          (7)          (8)   
                    Full 1       Full 2        H/O 1        H/O 2      Nboom 1      Nboom 2       Boom 1       Boom 2   
------------------------------------------------------------------------------------------------------------------------
drat                 0.000                     0.000                     0.000                     0.000                
                       (.)                       (.)                       (.)                       (.)                

Head age            -0.107*      -0.107*      -0.082       -0.082       -0.039       -0.039       -0.148       -0.148   
                   (0.146)      (0.146)      (0.389)      (0.389)      (0.727)      (0.727)      (0.419)      (0.419)   

Head college d~e    -5.313***    -5.313***    -5.502***    -5.502***    -9.477***    -9.477***     4.145        4.145   
                   (0.026)      (0.026)      (0.050)      (0.050)      (0.005)      (0.005)      (0.417)      (0.417)   

Income in t-1        0.005        0.005        0.014        0.014        0.025        0.025        0.007        0.007   
                   (0.666)      (0.666)      (0.287)      (0.287)      (0.251)      (0.251)      (0.674)      (0.674)   

State UR             0.233        0.233       -0.059       -0.059        0.326        0.326       -3.471       -3.471   
                   (0.851)      (0.851)      (0.969)      (0.969)      (0.858)      (0.858)      (0.346)      (0.346)   

del(State UR)        0.210        0.210       -0.895       -0.895       -1.158       -1.158        3.648        3.648   
                   (0.906)      (0.906)      (0.680)      (0.680)      (0.664)      (0.664)      (0.508)      (0.508)   

del(IHS Y)           0.132***     0.132***     0.122***     0.122***     0.092***     0.092***     0.204***     0.204***
                   (0.000)      (0.000)      (0.000)      (0.000)      (0.007)      (0.007)      (0.001)      (0.001)   

del(IHS NW)          0.021***     0.021***     0.018***     0.018***     0.026***     0.026***     0.007        0.007   
                   (0.000)      (0.000)      (0.001)      (0.001)      (0.000)      (0.000)      (0.371)      (0.371)   

L2.mds_to_y         -7.028**     -7.028**     -5.388       -5.388       -4.217       -4.217       -9.200*      -9.200*  
                   (0.072)      (0.072)      (0.182)      (0.182)      (0.448)      (0.448)      (0.124)      (0.124)   

del_drat                          0.000                     0.000                     0.000                     0.000   
                                    (.)                       (.)                       (.)                       (.)   

Constant            -0.940       -0.940        3.835        3.835        0.548        0.548       11.212       11.212   
                   (0.894)      (0.894)      (0.670)      (0.670)      (0.959)      (0.959)      (0.531)      (0.531)   
------------------------------------------------------------------------------------------------------------------------
Adjusted R-squ~d     0.026        0.026        0.014        0.014        0.015        0.015        0.017        0.017   
Observations          3625         3625         2186         2186         1603         1603          583          583   
------------------------------------------------------------------------------------------------------------------------
p-values in parentheses
Dependent variable is diff of IHS non housing consumption. HHs with complete set of intvws 2005-2009. Regressions drop extreme outliers for M/HV & DSR.
* p<.15, ** p<.10, *** p<.05
