Regression: Effect of Change in Minimum Wage on Employment by Race (with Controls)
White Black Asian Hispanic
+ p < 0.1, * p < 0.05, ** p < 0.01, *** p < 0.001
(Intercept) −3.649 −26.258* 53.733 −78.647
(129.192) (5.246) (72.836) (34.833)
MinWage_Change −0.121 0.571 1.104 0.124
(1.162) (0.344) (1.710) (0.933)
WhiteHSGrad 0.000
(0.000)
WhiteBAPlus 0.000
(0.000)
WhiteLFPR 0.705
(2.263)
BlackHSGrad 0.000
(0.000)
BlackBAPlus −0.000+
(0.000)
BlackLFPR 1.365***
(0.089)
AsianHSGrad −0.000
(0.000)
AsianBAPlus 0.000
(0.000)
AsianLFPR 0.059
(1.322)
HispanicHSGrad −0.000
(0.000)
HispanicBAPlus 0.000
(0.000)
HispanicLFPR 2.264*
(0.522)
Num.Obs. 8 8 8 8
R2 0.552 0.991 0.827 0.866
R2 Adj. −0.046 0.980 0.597 0.687
AIC 25.4 7.9 26.3 23.9
BIC 25.8 8.3 26.7 24.4
Log.Lik. −6.687 2.073 −7.135 −5.965
RMSE 0.56 0.19 0.59 0.51