Reg 1: All Cities

Police

A. 2000-17 Regressions

A1. Police Payroll

## 
## Call:
## lm(formula = data_0$pct_change_p_payroll ~ data_0$pct_change_housing_index)
## 
## Residuals:
##      Min       1Q   Median       3Q      Max 
## -0.82283 -0.21026 -0.06502  0.11519  1.91935 
## 
## Coefficients:
##                                 Estimate Std. Error t value Pr(>|t|)   
## (Intercept)                      0.21560    0.06954   3.100  0.00235 **
## data_0$pct_change_housing_index  0.08300    0.08710   0.953  0.34230   
## ---
## Signif. codes:  0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
## 
## Residual standard error: 0.3904 on 136 degrees of freedom
##   (40 observations deleted due to missingness)
## Multiple R-squared:  0.006633,   Adjusted R-squared:  -0.000671 
## F-statistic: 0.9081 on 1 and 136 DF,  p-value: 0.3423

A2. Police FTE

## 
## Call:
## lm(formula = data_0$pct_change_p_fte ~ data_0$pct_change_housing_index)
## 
## Residuals:
##      Min       1Q   Median       3Q      Max 
## -0.35211 -0.14560 -0.02155  0.10786  1.60351 
## 
## Coefficients:
##                                 Estimate Std. Error t value Pr(>|t|)
## (Intercept)                      0.01136    0.04060    0.28     0.78
## data_0$pct_change_housing_index  0.05290    0.05086    1.04     0.30
## 
## Residual standard error: 0.228 on 136 degrees of freedom
##   (40 observations deleted due to missingness)
## Multiple R-squared:  0.007891,   Adjusted R-squared:  0.0005965 
## F-statistic: 1.082 on 1 and 136 DF,  p-value: 0.3001

A3. Police Salaries (Payroll / FTE)

## 
## Call:
## lm(formula = data_0$pct_change_p_salaries ~ data_0$pct_change_housing_index)
## 
## Residuals:
##      Min       1Q   Median       3Q      Max 
## -0.44127 -0.08227 -0.01040  0.04698  1.20078 
## 
## Coefficients:
##                                  Estimate Std. Error t value Pr(>|t|)    
## (Intercept)                     -0.150633   0.036404  -4.138 6.11e-05 ***
## data_0$pct_change_housing_index  0.008962   0.045596   0.197    0.844    
## ---
## Signif. codes:  0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
## 
## Residual standard error: 0.2044 on 136 degrees of freedom
##   (40 observations deleted due to missingness)
## Multiple R-squared:  0.000284,   Adjusted R-squared:  -0.007067 
## F-statistic: 0.03863 on 1 and 136 DF,  p-value: 0.8445

B. 2000-06 Regressions

B1. Police Payroll

## 
## Call:
## lm(formula = data_1$pct_change_p_payroll ~ data_1$pct_change_housing_index)
## 
## Residuals:
##      Min       1Q   Median       3Q      Max 
## -0.39099 -0.12819 -0.02456  0.09069  0.58180 
## 
## Coefficients:
##                                 Estimate Std. Error t value Pr(>|t|)  
## (Intercept)                      0.07899    0.04182   1.889   0.0623 .
## data_1$pct_change_housing_index  0.08387    0.05708   1.470   0.1453  
## ---
## Signif. codes:  0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
## 
## Residual standard error: 0.194 on 86 degrees of freedom
##   (14 observations deleted due to missingness)
## Multiple R-squared:  0.02449,    Adjusted R-squared:  0.01315 
## F-statistic: 2.159 on 1 and 86 DF,  p-value: 0.1453

B2. Police FTE

## 
## Call:
## lm(formula = data_1$pct_change_p_fte ~ data_1$pct_change_housing_index)
## 
## Residuals:
##      Min       1Q   Median       3Q      Max 
## -0.30230 -0.09236 -0.01149  0.05697  0.50725 
## 
## Coefficients:
##                                  Estimate Std. Error t value Pr(>|t|)
## (Intercept)                     -0.002274   0.029617  -0.077    0.939
## data_1$pct_change_housing_index  0.065691   0.040427   1.625    0.108
## 
## Residual standard error: 0.1374 on 86 degrees of freedom
##   (14 observations deleted due to missingness)
## Multiple R-squared:  0.02979,    Adjusted R-squared:  0.01851 
## F-statistic:  2.64 on 1 and 86 DF,  p-value: 0.1078

B3. Police Salaries (Payroll / FTE)

## 
## Call:
## lm(formula = data_1$pct_change_p_salaries ~ data_1$pct_change_housing_index)
## 
## Residuals:
##       Min        1Q    Median        3Q       Max 
## -0.303093 -0.046437 -0.007027  0.064932  0.306133 
## 
## Coefficients:
##                                  Estimate Std. Error t value Pr(>|t|)   
## (Intercept)                     -0.071063   0.022821  -3.114  0.00251 **
## data_1$pct_change_housing_index  0.004134   0.031150   0.133  0.89473   
## ---
## Signif. codes:  0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
## 
## Residual standard error: 0.1059 on 86 degrees of freedom
##   (14 observations deleted due to missingness)
## Multiple R-squared:  0.0002047,  Adjusted R-squared:  -0.01142 
## F-statistic: 0.01761 on 1 and 86 DF,  p-value: 0.8947

C. 2007-11 Regressions

C1. Police Payroll

## 
## Call:
## lm(formula = data_2$pct_change_p_payroll ~ data_2$pct_change_housing_index)
## 
## Residuals:
##      Min       1Q   Median       3Q      Max 
## -0.49808 -0.11489 -0.02621  0.05412  1.74844 
## 
## Coefficients:
##                                 Estimate Std. Error t value Pr(>|t|)  
## (Intercept)                      0.06778    0.03299   2.054   0.0417 *
## data_2$pct_change_housing_index  0.23912    0.16412   1.457   0.1473  
## ---
## Signif. codes:  0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
## 
## Residual standard error: 0.2737 on 147 degrees of freedom
##   (9 observations deleted due to missingness)
## Multiple R-squared:  0.01423,    Adjusted R-squared:  0.007529 
## F-statistic: 2.123 on 1 and 147 DF,  p-value: 0.1473

C2. Police FTE

## 
## Call:
## lm(formula = data_2$pct_change_p_fte ~ data_2$pct_change_housing_index)
## 
## Residuals:
##      Min       1Q   Median       3Q      Max 
## -0.41065 -0.06020 -0.00903  0.04106  1.28093 
## 
## Coefficients:
##                                 Estimate Std. Error t value Pr(>|t|)  
## (Intercept)                      0.02044    0.01913   1.068    0.287  
## data_2$pct_change_housing_index  0.16949    0.09517   1.781    0.077 .
## ---
## Signif. codes:  0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
## 
## Residual standard error: 0.1587 on 147 degrees of freedom
##   (9 observations deleted due to missingness)
## Multiple R-squared:  0.02112,    Adjusted R-squared:  0.01446 
## F-statistic: 3.172 on 1 and 147 DF,  p-value: 0.077

C3. Police Salaries (Payroll / FTE)

## 
## Call:
## lm(formula = data_2$pct_change_p_salaries ~ data_2$pct_change_housing_index)
## 
## Residuals:
##      Min       1Q   Median       3Q      Max 
## -0.32339 -0.05973 -0.00959  0.04549  1.05487 
## 
## Coefficients:
##                                 Estimate Std. Error t value Pr(>|t|)  
## (Intercept)                     -0.03657    0.01832  -1.996   0.0478 *
## data_2$pct_change_housing_index  0.07957    0.09115   0.873   0.3841  
## ---
## Signif. codes:  0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
## 
## Residual standard error: 0.152 on 147 degrees of freedom
##   (9 observations deleted due to missingness)
## Multiple R-squared:  0.005158,   Adjusted R-squared:  -0.00161 
## F-statistic: 0.7621 on 1 and 147 DF,  p-value: 0.3841

D. 2012-17 Regressions

D1. Police Payroll

## 
## Call:
## lm(formula = data_3$pct_change_p_payroll ~ data_3$pct_change_housing_index)
## 
## Residuals:
##      Min       1Q   Median       3Q      Max 
## -0.57603 -0.09572 -0.01749  0.07864  0.88735 
## 
## Coefficients:
##                                 Estimate Std. Error t value Pr(>|t|)  
## (Intercept)                      0.05714    0.02497   2.288   0.0234 *
## data_3$pct_change_housing_index  0.15474    0.07894   1.960   0.0517 .
## ---
## Signif. codes:  0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
## 
## Residual standard error: 0.1953 on 164 degrees of freedom
##   (12 observations deleted due to missingness)
## Multiple R-squared:  0.02289,    Adjusted R-squared:  0.01694 
## F-statistic: 3.843 on 1 and 164 DF,  p-value: 0.05166

D2. Police FTE

## 
## Call:
## lm(formula = data_3$pct_change_p_fte ~ data_3$pct_change_housing_index)
## 
## Residuals:
##      Min       1Q   Median       3Q      Max 
## -0.48022 -0.04302  0.00273  0.04605  0.24445 
## 
## Coefficients:
##                                 Estimate Std. Error t value Pr(>|t|)    
## (Intercept)                     -0.02268    0.01198  -1.894 0.060019 .  
## data_3$pct_change_housing_index  0.14948    0.03786   3.948 0.000117 ***
## ---
## Signif. codes:  0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
## 
## Residual standard error: 0.09365 on 164 degrees of freedom
##   (12 observations deleted due to missingness)
## Multiple R-squared:  0.08679,    Adjusted R-squared:  0.08122 
## F-statistic: 15.59 on 1 and 164 DF,  p-value: 0.0001168

D3. Police Salaries (Payroll / FTE)

## 
## Call:
## lm(formula = data_3$pct_change_p_salaries ~ data_3$pct_change_housing_index)
## 
## Residuals:
##      Min       1Q   Median       3Q      Max 
## -0.44262 -0.07081 -0.01603  0.04021  0.95378 
## 
## Coefficients:
##                                  Estimate Std. Error t value Pr(>|t|)
## (Intercept)                     0.0152301  0.0237551   0.641    0.522
## data_3$pct_change_housing_index 0.0003056  0.0750877   0.004    0.997
## 
## Residual standard error: 0.1857 on 164 degrees of freedom
##   (12 observations deleted due to missingness)
## Multiple R-squared:  1.01e-07,   Adjusted R-squared:  -0.006097 
## F-statistic: 1.657e-05 on 1 and 164 DF,  p-value: 0.9968

Firefighters

A. 2000-17 Regressions

A1. Firefighters Payroll

## 
## Call:
## lm(formula = data_0$pct_change_ff_payroll ~ data_0$pct_change_housing_index)
## 
## Residuals:
##     Min      1Q  Median      3Q     Max 
## -1.1312 -0.2167 -0.0326  0.1658  2.0605 
## 
## Coefficients:
##                                 Estimate Std. Error t value Pr(>|t|)  
## (Intercept)                      0.17872    0.07495   2.385   0.0185 *
## data_0$pct_change_housing_index  0.14505    0.09387   1.545   0.1246  
## ---
## Signif. codes:  0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
## 
## Residual standard error: 0.4208 on 136 degrees of freedom
##   (40 observations deleted due to missingness)
## Multiple R-squared:  0.01725,    Adjusted R-squared:  0.01003 
## F-statistic: 2.388 on 1 and 136 DF,  p-value: 0.1246

A2. Firefighters FTE

## 
## Call:
## lm(formula = data_0$pct_change_ff_fte ~ data_0$pct_change_housing_index)
## 
## Residuals:
##      Min       1Q   Median       3Q      Max 
## -0.94065 -0.15185 -0.03961  0.12834  2.09304 
## 
## Coefficients:
##                                 Estimate Std. Error t value Pr(>|t|)
## (Intercept)                      0.04956    0.05373   0.922    0.358
## data_0$pct_change_housing_index  0.07077    0.06730   1.052    0.295
## 
## Residual standard error: 0.3017 on 136 degrees of freedom
##   (40 observations deleted due to missingness)
## Multiple R-squared:  0.008065,   Adjusted R-squared:  0.0007713 
## F-statistic: 1.106 on 1 and 136 DF,  p-value: 0.2949

A3. Firefighters Salaries (Payroll / FTE)

## 
## Call:
## lm(formula = data_0$pct_change_ff_salaries ~ data_0$pct_change_housing_index)
## 
## Residuals:
##      Min       1Q   Median       3Q      Max 
## -0.71517 -0.06429 -0.00842  0.07644  0.39074 
## 
## Coefficients:
##                                 Estimate Std. Error t value Pr(>|t|)    
## (Intercept)                     -0.21036    0.02894  -7.268 2.58e-11 ***
## data_0$pct_change_housing_index  0.04312    0.03625   1.189    0.236    
## ---
## Signif. codes:  0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
## 
## Residual standard error: 0.1625 on 136 degrees of freedom
##   (40 observations deleted due to missingness)
## Multiple R-squared:  0.0103, Adjusted R-squared:  0.003019 
## F-statistic: 1.415 on 1 and 136 DF,  p-value: 0.2363

B. 2000-06 Regressions

B1. Firefighters Payroll

## 
## Call:
## lm(formula = data_1$pct_change_ff_payroll ~ data_1$pct_change_housing_index)
## 
## Residuals:
##      Min       1Q   Median       3Q      Max 
## -0.57332 -0.15328 -0.03518  0.10115  1.09572 
## 
## Coefficients:
##                                 Estimate Std. Error t value Pr(>|t|)  
## (Intercept)                      0.04827    0.05516   0.875   0.3840  
## data_1$pct_change_housing_index  0.15133    0.07529   2.010   0.0476 *
## ---
## Signif. codes:  0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
## 
## Residual standard error: 0.2559 on 86 degrees of freedom
##   (14 observations deleted due to missingness)
## Multiple R-squared:  0.04487,    Adjusted R-squared:  0.03376 
## F-statistic:  4.04 on 1 and 86 DF,  p-value: 0.04758

B2. Firefighters FTE

## 
## Call:
## lm(formula = data_1$pct_change_ff_fte ~ data_1$pct_change_housing_index)
## 
## Residuals:
##      Min       1Q   Median       3Q      Max 
## -0.31841 -0.10825 -0.04021  0.07192  0.93654 
## 
## Coefficients:
##                                 Estimate Std. Error t value Pr(>|t|)
## (Intercept)                      0.04392    0.04136   1.062    0.291
## data_1$pct_change_housing_index  0.04818    0.05645   0.854    0.396
## 
## Residual standard error: 0.1918 on 86 degrees of freedom
##   (14 observations deleted due to missingness)
## Multiple R-squared:  0.0084, Adjusted R-squared:  -0.00313 
## F-statistic: 0.7286 on 1 and 86 DF,  p-value: 0.3957

B3. Firefighters Salaries (Payroll / FTE)

## 
## Call:
## lm(formula = data_1$pct_change_ff_salaries ~ data_1$pct_change_housing_index)
## 
## Residuals:
##      Min       1Q   Median       3Q      Max 
## -0.43534 -0.06239 -0.00671  0.06729  0.35876 
## 
## Coefficients:
##                                 Estimate Std. Error t value Pr(>|t|)    
## (Intercept)                     -0.13526    0.02578  -5.246  1.1e-06 ***
## data_1$pct_change_housing_index  0.07067    0.03520   2.008   0.0478 *  
## ---
## Signif. codes:  0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
## 
## Residual standard error: 0.1196 on 86 degrees of freedom
##   (14 observations deleted due to missingness)
## Multiple R-squared:  0.04479,    Adjusted R-squared:  0.03368 
## F-statistic: 4.032 on 1 and 86 DF,  p-value: 0.04778

C. 2007-11 Regressions

C1. Firefighters Payroll

## 
## Call:
## lm(formula = data_2$pct_change_ff_payroll ~ data_2$pct_change_housing_index)
## 
## Residuals:
##      Min       1Q   Median       3Q      Max 
## -0.67451 -0.09450 -0.02445  0.05965  1.72758 
## 
## Coefficients:
##                                 Estimate Std. Error t value Pr(>|t|)  
## (Intercept)                      0.04752    0.02819   1.686   0.0939 .
## data_2$pct_change_housing_index  0.17559    0.14021   1.252   0.2125  
## ---
## Signif. codes:  0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
## 
## Residual standard error: 0.2339 on 147 degrees of freedom
##   (9 observations deleted due to missingness)
## Multiple R-squared:  0.01056,    Adjusted R-squared:  0.003825 
## F-statistic: 1.568 on 1 and 147 DF,  p-value: 0.2125

C2. Firefighters FTE

## 
## Call:
## lm(formula = data_2$pct_change_ff_fte ~ data_2$pct_change_housing_index)
## 
## Residuals:
##      Min       1Q   Median       3Q      Max 
## -0.66325 -0.05394 -0.00868  0.03547  1.31703 
## 
## Coefficients:
##                                 Estimate Std. Error t value Pr(>|t|)
## (Intercept)                      0.00452    0.02152   0.210    0.834
## data_2$pct_change_housing_index  0.13495    0.10705   1.261    0.209
## 
## Residual standard error: 0.1785 on 147 degrees of freedom
##   (9 observations deleted due to missingness)
## Multiple R-squared:  0.0107, Adjusted R-squared:  0.003967 
## F-statistic: 1.589 on 1 and 147 DF,  p-value: 0.2094

C3. Firefighters Salaries (Payroll / FTE)

## 
## Call:
## lm(formula = data_2$pct_change_ff_salaries ~ data_2$pct_change_housing_index)
## 
## Residuals:
##      Min       1Q   Median       3Q      Max 
## -0.30449 -0.06439 -0.01051  0.04801  1.02809 
## 
## Coefficients:
##                                 Estimate Std. Error t value Pr(>|t|)  
## (Intercept)                     -0.03569    0.01742  -2.048   0.0423 *
## data_2$pct_change_housing_index  0.03144    0.08666   0.363   0.7173  
## ---
## Signif. codes:  0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
## 
## Residual standard error: 0.1445 on 147 degrees of freedom
##   (9 observations deleted due to missingness)
## Multiple R-squared:  0.0008945,  Adjusted R-squared:  -0.005902 
## F-statistic: 0.1316 on 1 and 147 DF,  p-value: 0.7173

D. 2012-17 Regressions

D1. Firefighters Payroll

## 
## Call:
## lm(formula = data_3$pct_change_ff_payroll ~ data_3$pct_change_housing_index)
## 
## Residuals:
##      Min       1Q   Median       3Q      Max 
## -0.89179 -0.08657  0.00527  0.10879  0.55414 
## 
## Coefficients:
##                                 Estimate Std. Error t value Pr(>|t|)
## (Intercept)                      0.02969    0.02646   1.122    0.263
## data_3$pct_change_housing_index  0.13757    0.08364   1.645    0.102
## 
## Residual standard error: 0.2069 on 164 degrees of freedom
##   (12 observations deleted due to missingness)
## Multiple R-squared:  0.01623,    Adjusted R-squared:  0.01023 
## F-statistic: 2.705 on 1 and 164 DF,  p-value: 0.1019

D2. Firefighters FTE

## 
## Call:
## lm(formula = data_3$pct_change_ff_fte ~ data_3$pct_change_housing_index)
## 
## Residuals:
##      Min       1Q   Median       3Q      Max 
## -0.49323 -0.04234  0.00202  0.05373  0.55197 
## 
## Coefficients:
##                                 Estimate Std. Error t value Pr(>|t|)  
## (Intercept)                     -0.01361    0.01696  -0.802   0.4236  
## data_3$pct_change_housing_index  0.13294    0.05362   2.479   0.0142 *
## ---
## Signif. codes:  0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
## 
## Residual standard error: 0.1326 on 164 degrees of freedom
##   (12 observations deleted due to missingness)
## Multiple R-squared:  0.03613,    Adjusted R-squared:  0.03025 
## F-statistic: 6.147 on 1 and 164 DF,  p-value: 0.01417

D3. Firefighters Salaries (Payroll / FTE)

## 
## Call:
## lm(formula = data_3$pct_change_ff_salaries ~ data_3$pct_change_housing_index)
## 
## Residuals:
##      Min       1Q   Median       3Q      Max 
## -0.80616 -0.09065  0.00664  0.08239  0.50128 
## 
## Coefficients:
##                                  Estimate Std. Error t value Pr(>|t|)
## (Intercept)                     -0.016443   0.022044  -0.746    0.457
## data_3$pct_change_housing_index -0.007679   0.069679  -0.110    0.912
## 
## Residual standard error: 0.1724 on 164 degrees of freedom
##   (12 observations deleted due to missingness)
## Multiple R-squared:  7.404e-05,  Adjusted R-squared:  -0.006023 
## F-statistic: 0.01214 on 1 and 164 DF,  p-value: 0.9124

Explore Cities with High Volatility in Payroll

2000 - 2006

2007 - 2011

2012 - 2017

### Payroll coverage over the years

Reg 2: Excl. 8 cities with >40% increase 2012-2017

Police

A. 2000-17 Regressions

A1. Police Payroll

## 
## Call:
## lm(formula = data_0$pct_change_p_payroll ~ data_0$pct_change_housing_index)
## 
## Residuals:
##      Min       1Q   Median       3Q      Max 
## -0.81192 -0.20662 -0.05857  0.11839  1.92372 
## 
## Coefficients:
##                                 Estimate Std. Error t value Pr(>|t|)   
## (Intercept)                      0.22686    0.07098   3.196  0.00175 **
## data_0$pct_change_housing_index  0.05510    0.08856   0.622  0.53492   
## ---
## Signif. codes:  0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
## 
## Residual standard error: 0.3866 on 130 degrees of freedom
##   (4 observations deleted due to missingness)
## Multiple R-squared:  0.002969,   Adjusted R-squared:  -0.004701 
## F-statistic: 0.3871 on 1 and 130 DF,  p-value: 0.5349

A2. Police FTE

## 
## Call:
## lm(formula = data_0$pct_change_p_fte ~ data_0$pct_change_housing_index)
## 
## Residuals:
##      Min       1Q   Median       3Q      Max 
## -0.36253 -0.14724 -0.02306  0.10963  1.59587 
## 
## Coefficients:
##                                 Estimate Std. Error t value Pr(>|t|)
## (Intercept)                      0.02607    0.04203   0.620    0.536
## data_0$pct_change_housing_index  0.04224    0.05244   0.805    0.422
## 
## Residual standard error: 0.2289 on 130 degrees of freedom
##   (4 observations deleted due to missingness)
## Multiple R-squared:  0.004966,   Adjusted R-squared:  -0.002688 
## F-statistic: 0.6488 on 1 and 130 DF,  p-value: 0.422

A3. Police Salaries (Payroll / FTE)

## 
## Call:
## lm(formula = data_0$pct_change_p_salaries ~ data_0$pct_change_housing_index)
## 
## Residuals:
##      Min       1Q   Median       3Q      Max 
## -0.42657 -0.06960  0.00395  0.05405  1.21397 
## 
## Coefficients:
##                                  Estimate Std. Error t value   Pr(>|t|)    
## (Intercept)                     -0.160208   0.033641  -4.762 0.00000503 ***
## data_0$pct_change_housing_index  0.002511   0.041971   0.060      0.952    
## ---
## Signif. codes:  0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
## 
## Residual standard error: 0.1832 on 130 degrees of freedom
##   (4 observations deleted due to missingness)
## Multiple R-squared:  2.754e-05,  Adjusted R-squared:  -0.007665 
## F-statistic: 0.00358 on 1 and 130 DF,  p-value: 0.9524

B. 2000-06 Regressions

B1. Police Payroll

## 
## Call:
## lm(formula = data_1$pct_change_p_payroll ~ data_1$pct_change_housing_index)
## 
## Residuals:
##      Min       1Q   Median       3Q      Max 
## -0.38249 -0.12721 -0.03185  0.08669  0.58533 
## 
## Coefficients:
##                                 Estimate Std. Error t value Pr(>|t|)  
## (Intercept)                      0.08307    0.04372   1.900   0.0609 .
## data_1$pct_change_housing_index  0.07517    0.06108   1.231   0.2220  
## ---
## Signif. codes:  0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
## 
## Residual standard error: 0.1968 on 83 degrees of freedom
##   (2 observations deleted due to missingness)
## Multiple R-squared:  0.01792,    Adjusted R-squared:  0.006086 
## F-statistic: 1.514 on 1 and 83 DF,  p-value: 0.222

B2. Police FTE

## 
## Call:
## lm(formula = data_1$pct_change_p_fte ~ data_1$pct_change_housing_index)
## 
## Residuals:
##      Min       1Q   Median       3Q      Max 
## -0.30297 -0.09003 -0.01123  0.05494  0.51666 
## 
## Coefficients:
##                                 Estimate Std. Error t value Pr(>|t|)
## (Intercept)                     0.006699   0.030551   0.219    0.827
## data_1$pct_change_housing_index 0.049367   0.042684   1.157    0.251
## 
## Residual standard error: 0.1375 on 83 degrees of freedom
##   (2 observations deleted due to missingness)
## Multiple R-squared:  0.01586,    Adjusted R-squared:  0.004004 
## F-statistic: 1.338 on 1 and 83 DF,  p-value: 0.2508

B3. Police Salaries (Payroll / FTE)

## 
## Call:
## lm(formula = data_1$pct_change_p_salaries ~ data_1$pct_change_housing_index)
## 
## Residuals:
##       Min        1Q    Median        3Q       Max 
## -0.302500 -0.044553 -0.006939  0.065201  0.305821 
## 
## Coefficients:
##                                 Estimate Std. Error t value Pr(>|t|)   
## (Intercept)                     -0.07510    0.02383  -3.152  0.00226 **
## data_1$pct_change_housing_index  0.01014    0.03329   0.304  0.76151   
## ---
## Signif. codes:  0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
## 
## Residual standard error: 0.1073 on 83 degrees of freedom
##   (2 observations deleted due to missingness)
## Multiple R-squared:  0.001116,   Adjusted R-squared:  -0.01092 
## F-statistic: 0.09272 on 1 and 83 DF,  p-value: 0.7615

C. 2007-11 Regressions

C1. Police Payroll

## 
## Call:
## lm(formula = data_2$pct_change_p_payroll ~ data_2$pct_change_housing_index)
## 
## Residuals:
##      Min       1Q   Median       3Q      Max 
## -0.49639 -0.12155 -0.02790  0.05009  1.73584 
## 
## Coefficients:
##                                 Estimate Std. Error t value Pr(>|t|)  
## (Intercept)                      0.06726    0.03359   2.002   0.0472 *
## data_2$pct_change_housing_index  0.19375    0.17121   1.132   0.2597  
## ---
## Signif. codes:  0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
## 
## Residual standard error: 0.2744 on 142 degrees of freedom
##   (6 observations deleted due to missingness)
## Multiple R-squared:  0.008937,   Adjusted R-squared:  0.001958 
## F-statistic: 1.281 on 1 and 142 DF,  p-value: 0.2597

C2. Police FTE

## 
## Call:
## lm(formula = data_2$pct_change_p_fte ~ data_2$pct_change_housing_index)
## 
## Residuals:
##      Min       1Q   Median       3Q      Max 
## -0.41259 -0.06403 -0.01050  0.04047  1.27883 
## 
## Coefficients:
##                                 Estimate Std. Error t value Pr(>|t|)
## (Intercept)                      0.02113    0.01950   1.083    0.280
## data_2$pct_change_housing_index  0.15427    0.09939   1.552    0.123
## 
## Residual standard error: 0.1593 on 142 degrees of freedom
##   (6 observations deleted due to missingness)
## Multiple R-squared:  0.01668,    Adjusted R-squared:  0.009758 
## F-statistic: 2.409 on 1 and 142 DF,  p-value: 0.1229

C3. Police Salaries (Payroll / FTE)

## 
## Call:
## lm(formula = data_2$pct_change_p_salaries ~ data_2$pct_change_housing_index)
## 
## Residuals:
##      Min       1Q   Median       3Q      Max 
## -0.32824 -0.06235 -0.00986  0.04274  1.05144 
## 
## Coefficients:
##                                 Estimate Std. Error t value Pr(>|t|)  
## (Intercept)                     -0.03752    0.01865  -2.012   0.0462 *
## data_2$pct_change_housing_index  0.05040    0.09507   0.530   0.5968  
## ---
## Signif. codes:  0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
## 
## Residual standard error: 0.1524 on 142 degrees of freedom
##   (6 observations deleted due to missingness)
## Multiple R-squared:  0.001976,   Adjusted R-squared:  -0.005053 
## F-statistic: 0.2811 on 1 and 142 DF,  p-value: 0.5968

D. 2012-17 Regressions

D1. Police Payroll

## 
## Call:
## lm(formula = data_3$pct_change_p_payroll ~ data_3$pct_change_housing_index)
## 
## Residuals:
##      Min       1Q   Median       3Q      Max 
## -0.55584 -0.07201  0.00273  0.08751  0.35798 
## 
## Coefficients:
##                                 Estimate Std. Error t value Pr(>|t|)  
## (Intercept)                      0.03729    0.02048   1.821   0.0705 .
## data_3$pct_change_housing_index  0.13717    0.06561   2.091   0.0382 *
## ---
## Signif. codes:  0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
## 
## Residual standard error: 0.1558 on 157 degrees of freedom
##   (6 observations deleted due to missingness)
## Multiple R-squared:  0.02709,    Adjusted R-squared:  0.02089 
## F-statistic: 4.371 on 1 and 157 DF,  p-value: 0.03816

D2. Police FTE

## 
## Call:
## lm(formula = data_3$pct_change_p_fte ~ data_3$pct_change_housing_index)
## 
## Residuals:
##      Min       1Q   Median       3Q      Max 
## -0.48109 -0.04383  0.00326  0.04446  0.22891 
## 
## Coefficients:
##                                 Estimate Std. Error t value  Pr(>|t|)    
## (Intercept)                     -0.02193    0.01191  -1.841    0.0676 .  
## data_3$pct_change_housing_index  0.15529    0.03818   4.068 0.0000749 ***
## ---
## Signif. codes:  0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
## 
## Residual standard error: 0.09068 on 157 degrees of freedom
##   (6 observations deleted due to missingness)
## Multiple R-squared:  0.09535,    Adjusted R-squared:  0.08959 
## F-statistic: 16.55 on 1 and 157 DF,  p-value: 0.00007492

D3. Police Salaries (Payroll / FTE)

## 
## Call:
## lm(formula = data_3$pct_change_p_salaries ~ data_3$pct_change_housing_index)
## 
## Residuals:
##      Min       1Q   Median       3Q      Max 
## -0.41708 -0.04656  0.00975  0.05455  0.31401 
## 
## Coefficients:
##                                  Estimate Std. Error t value Pr(>|t|)
## (Intercept)                     -0.008059   0.016825  -0.479    0.633
## data_3$pct_change_housing_index -0.013016   0.053908  -0.241    0.810
## 
## Residual standard error: 0.128 on 157 degrees of freedom
##   (6 observations deleted due to missingness)
## Multiple R-squared:  0.0003712,  Adjusted R-squared:  -0.005996 
## F-statistic: 0.0583 on 1 and 157 DF,  p-value: 0.8095

Firefighters

A. 2000-17 Regressions

A1. Firefighters Payroll

## 
## Call:
## lm(formula = data_0$pct_change_ff_payroll ~ data_0$pct_change_housing_index)
## 
## Residuals:
##      Min       1Q   Median       3Q      Max 
## -1.12938 -0.21184 -0.03793  0.17277  2.06178 
## 
## Coefficients:
##                                 Estimate Std. Error t value Pr(>|t|)  
## (Intercept)                      0.17313    0.07836   2.209   0.0289 *
## data_0$pct_change_housing_index  0.15038    0.09777   1.538   0.1265  
## ---
## Signif. codes:  0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
## 
## Residual standard error: 0.4268 on 130 degrees of freedom
##   (4 observations deleted due to missingness)
## Multiple R-squared:  0.01787,    Adjusted R-squared:  0.01032 
## F-statistic: 2.366 on 1 and 130 DF,  p-value: 0.1265

A2. Firefighters FTE

## 
## Call:
## lm(formula = data_0$pct_change_ff_fte ~ data_0$pct_change_housing_index)
## 
## Residuals:
##     Min      1Q  Median      3Q     Max 
## -0.9400 -0.1553 -0.0460  0.1238  2.0919 
## 
## Coefficients:
##                                 Estimate Std. Error t value Pr(>|t|)
## (Intercept)                      0.04220    0.05568   0.758    0.450
## data_0$pct_change_housing_index  0.08130    0.06947   1.170    0.244
## 
## Residual standard error: 0.3032 on 130 degrees of freedom
##   (4 observations deleted due to missingness)
## Multiple R-squared:  0.01042,    Adjusted R-squared:  0.002813 
## F-statistic:  1.37 on 1 and 130 DF,  p-value: 0.244

A3. Firefighters Salaries (Payroll / FTE)

## 
## Call:
## lm(formula = data_0$pct_change_ff_salaries ~ data_0$pct_change_housing_index)
## 
## Residuals:
##      Min       1Q   Median       3Q      Max 
## -0.71341 -0.06368 -0.00664  0.07629  0.39252 
## 
## Coefficients:
##                                 Estimate Std. Error t value       Pr(>|t|)    
## (Intercept)                     -0.20838    0.03024  -6.891 0.000000000215 ***
## data_0$pct_change_housing_index  0.03776    0.03773   1.001          0.319    
## ---
## Signif. codes:  0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
## 
## Residual standard error: 0.1647 on 130 degrees of freedom
##   (4 observations deleted due to missingness)
## Multiple R-squared:  0.007645,   Adjusted R-squared:  1.13e-05 
## F-statistic: 1.001 on 1 and 130 DF,  p-value: 0.3188

B. 2000-06 Regressions

B1. Firefighters Payroll

## 
## Call:
## lm(formula = data_1$pct_change_ff_payroll ~ data_1$pct_change_housing_index)
## 
## Residuals:
##      Min       1Q   Median       3Q      Max 
## -0.57170 -0.15617 -0.03491  0.08030  1.09736 
## 
## Coefficients:
##                                 Estimate Std. Error t value Pr(>|t|)  
## (Intercept)                      0.04942    0.05772   0.856   0.3944  
## data_1$pct_change_housing_index  0.14445    0.08064   1.791   0.0769 .
## ---
## Signif. codes:  0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
## 
## Residual standard error: 0.2598 on 83 degrees of freedom
##   (2 observations deleted due to missingness)
## Multiple R-squared:  0.03722,    Adjusted R-squared:  0.02562 
## F-statistic: 3.208 on 1 and 83 DF,  p-value: 0.07691

B2. Firefighters FTE

## 
## Call:
## lm(formula = data_1$pct_change_ff_fte ~ data_1$pct_change_housing_index)
## 
## Residuals:
##      Min       1Q   Median       3Q      Max 
## -0.31559 -0.10645 -0.04815  0.07487  0.93934 
## 
## Coefficients:
##                                 Estimate Std. Error t value Pr(>|t|)
## (Intercept)                      0.04121    0.04316   0.955    0.342
## data_1$pct_change_housing_index  0.04797    0.06030   0.796    0.429
## 
## Residual standard error: 0.1943 on 83 degrees of freedom
##   (2 observations deleted due to missingness)
## Multiple R-squared:  0.007569,   Adjusted R-squared:  -0.004388 
## F-statistic: 0.633 on 1 and 83 DF,  p-value: 0.4285

B3. Firefighters Salaries (Payroll / FTE)

## 
## Call:
## lm(formula = data_1$pct_change_ff_salaries ~ data_1$pct_change_housing_index)
## 
## Residuals:
##      Min       1Q   Median       3Q      Max 
## -0.43630 -0.06790 -0.00558  0.06535  0.36165 
## 
## Coefficients:
##                                 Estimate Std. Error t value   Pr(>|t|)    
## (Intercept)                     -0.13215    0.02696  -4.901 0.00000465 ***
## data_1$pct_change_housing_index  0.06534    0.03767   1.735     0.0865 .  
## ---
## Signif. codes:  0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
## 
## Residual standard error: 0.1214 on 83 degrees of freedom
##   (2 observations deleted due to missingness)
## Multiple R-squared:  0.03499,    Adjusted R-squared:  0.02336 
## F-statistic: 3.009 on 1 and 83 DF,  p-value: 0.08651

C. 2007-11 Regressions

C1. Firefighters Payroll

## 
## Call:
## lm(formula = data_2$pct_change_ff_payroll ~ data_2$pct_change_housing_index)
## 
## Residuals:
##      Min       1Q   Median       3Q      Max 
## -0.67748 -0.09559 -0.02262  0.05748  1.72552 
## 
## Coefficients:
##                                 Estimate Std. Error t value Pr(>|t|)  
## (Intercept)                      0.05208    0.02845   1.831   0.0693 .
## data_2$pct_change_housing_index  0.20266    0.14502   1.397   0.1645  
## ---
## Signif. codes:  0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
## 
## Residual standard error: 0.2324 on 142 degrees of freedom
##   (6 observations deleted due to missingness)
## Multiple R-squared:  0.01357,    Adjusted R-squared:  0.00662 
## F-statistic: 1.953 on 1 and 142 DF,  p-value: 0.1645

C2. Firefighters FTE

## 
## Call:
## lm(formula = data_2$pct_change_ff_fte ~ data_2$pct_change_housing_index)
## 
## Residuals:
##      Min       1Q   Median       3Q      Max 
## -0.66592 -0.05580 -0.01193  0.03209  1.31553 
## 
## Coefficients:
##                                 Estimate Std. Error t value Pr(>|t|)
## (Intercept)                     0.009245   0.021294   0.434    0.665
## data_2$pct_change_housing_index 0.169853   0.108534   1.565    0.120
## 
## Residual standard error: 0.1739 on 142 degrees of freedom
##   (6 observations deleted due to missingness)
## Multiple R-squared:  0.01695,    Adjusted R-squared:  0.01003 
## F-statistic: 2.449 on 1 and 142 DF,  p-value: 0.1198

C3. Firefighters Salaries (Payroll / FTE)

## 
## Call:
## lm(formula = data_2$pct_change_ff_salaries ~ data_2$pct_change_housing_index)
## 
## Residuals:
##      Min       1Q   Median       3Q      Max 
## -0.30850 -0.06617 -0.01072  0.04782  1.02717 
## 
## Coefficients:
##                                 Estimate Std. Error t value Pr(>|t|)  
## (Intercept)                     -0.03615    0.01791  -2.019   0.0454 *
## data_2$pct_change_housing_index  0.02226    0.09128   0.244   0.8077  
## ---
## Signif. codes:  0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
## 
## Residual standard error: 0.1463 on 142 degrees of freedom
##   (6 observations deleted due to missingness)
## Multiple R-squared:  0.0004185,  Adjusted R-squared:  -0.006621 
## F-statistic: 0.05946 on 1 and 142 DF,  p-value: 0.8077

D. 2012-17 Regressions

D1. Firefighters Payroll

## 
## Call:
## lm(formula = data_3$pct_change_ff_payroll ~ data_3$pct_change_housing_index)
## 
## Residuals:
##      Min       1Q   Median       3Q      Max 
## -0.89315 -0.08238  0.00467  0.11136  0.55388 
## 
## Coefficients:
##                                 Estimate Std. Error t value Pr(>|t|)
## (Intercept)                      0.03158    0.02702   1.169    0.244
## data_3$pct_change_housing_index  0.13200    0.08657   1.525    0.129
## 
## Residual standard error: 0.2056 on 157 degrees of freedom
##   (6 observations deleted due to missingness)
## Multiple R-squared:  0.01459,    Adjusted R-squared:  0.008315 
## F-statistic: 2.325 on 1 and 157 DF,  p-value: 0.1293

D2. Firefighters FTE

## 
## Call:
## lm(formula = data_3$pct_change_ff_fte ~ data_3$pct_change_housing_index)
## 
## Residuals:
##      Min       1Q   Median       3Q      Max 
## -0.49350 -0.04356  0.00136  0.05229  0.55136 
## 
## Coefficients:
##                                 Estimate Std. Error t value Pr(>|t|)   
## (Intercept)                     -0.01383    0.01691  -0.818  0.41462   
## data_3$pct_change_housing_index  0.14241    0.05417   2.629  0.00941 **
## ---
## Signif. codes:  0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
## 
## Residual standard error: 0.1287 on 157 degrees of freedom
##   (6 observations deleted due to missingness)
## Multiple R-squared:  0.04217,    Adjusted R-squared:  0.03607 
## F-statistic: 6.912 on 1 and 157 DF,  p-value: 0.009414

D3. Firefighters Salaries (Payroll / FTE)

## 
## Call:
## lm(formula = data_3$pct_change_ff_salaries ~ data_3$pct_change_housing_index)
## 
## Residuals:
##      Min       1Q   Median       3Q      Max 
## -0.80506 -0.08402  0.01021  0.08728  0.44448 
## 
## Coefficients:
##                                 Estimate Std. Error t value Pr(>|t|)
## (Intercept)                     -0.01647    0.02183  -0.755    0.452
## data_3$pct_change_housing_index -0.01906    0.06993  -0.272    0.786
## 
## Residual standard error: 0.1661 on 157 degrees of freedom
##   (6 observations deleted due to missingness)
## Multiple R-squared:  0.0004727,  Adjusted R-squared:  -0.005894 
## F-statistic: 0.07425 on 1 and 157 DF,  p-value: 0.7856

Reg 3: Budgets instead of Payroll

Police

A. 2000-17 Regression

## 
## Call:
## lm(formula = data_0$pct_change_p_budget ~ data_0$pct_change_housing_index)
## 
## Residuals:
##      Min       1Q   Median       3Q      Max 
## -1.70414 -0.35723 -0.09479  0.32693  1.86967 
## 
## Coefficients:
##                                 Estimate Std. Error t value        Pr(>|t|)    
## (Intercept)                       0.7640     0.1030   7.418 0.0000000000199 ***
## data_0$pct_change_housing_index   0.1345     0.1246   1.079           0.283    
## ---
## Signif. codes:  0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
## 
## Residual standard error: 0.5434 on 118 degrees of freedom
##   (3 observations deleted due to missingness)
## Multiple R-squared:  0.009772,   Adjusted R-squared:  0.00138 
## F-statistic: 1.164 on 1 and 118 DF,  p-value: 0.2827

B. 2000-06 Regression

## 
## Call:
## lm(formula = data_1$pct_change_p_budget ~ data_1$pct_change_housing_index)
## 
## Residuals:
##      Min       1Q   Median       3Q      Max 
## -0.49083 -0.17973 -0.02575  0.17350  0.63951 
## 
## Coefficients:
##                                 Estimate Std. Error t value   Pr(>|t|)    
## (Intercept)                      0.30178    0.06012   5.019 0.00000354 ***
## data_1$pct_change_housing_index  0.10620    0.07803   1.361      0.178    
## ---
## Signif. codes:  0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
## 
## Residual standard error: 0.2524 on 73 degrees of freedom
##   (1 observation deleted due to missingness)
## Multiple R-squared:  0.02475,    Adjusted R-squared:  0.01139 
## F-statistic: 1.852 on 1 and 73 DF,  p-value: 0.1777

C. 2007-11 Regression

## 
## Call:
## lm(formula = data_2$pct_change_p_budget ~ data_2$pct_change_housing_index)
## 
## Residuals:
##      Min       1Q   Median       3Q      Max 
## -0.34235 -0.10538 -0.01397  0.06818  0.97427 
## 
## Coefficients:
##                                 Estimate Std. Error t value          Pr(>|t|)
## (Intercept)                      0.18583    0.02158   8.612 0.000000000000014
## data_2$pct_change_housing_index  0.26840    0.10503   2.555            0.0117
##                                    
## (Intercept)                     ***
## data_2$pct_change_housing_index *  
## ---
## Signif. codes:  0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
## 
## Residual standard error: 0.1717 on 139 degrees of freedom
##   (3 observations deleted due to missingness)
## Multiple R-squared:  0.04487,    Adjusted R-squared:  0.038 
## F-statistic:  6.53 on 1 and 139 DF,  p-value: 0.01168

D. 2012-17 Regression

## 
## Call:
## lm(formula = data_3$pct_change_p_budget ~ data_3$pct_change_housing_index)
## 
## Residuals:
##      Min       1Q   Median       3Q      Max 
## -0.79931 -0.07890 -0.00905  0.07642  0.56590 
## 
## Coefficients:
##                                 Estimate Std. Error t value      Pr(>|t|)    
## (Intercept)                      0.14979    0.02422   6.186 0.00000000533 ***
## data_3$pct_change_housing_index  0.07889    0.07451   1.059         0.291    
## ---
## Signif. codes:  0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
## 
## Residual standard error: 0.1801 on 154 degrees of freedom
##   (6 observations deleted due to missingness)
## Multiple R-squared:  0.007225,   Adjusted R-squared:  0.0007788 
## F-statistic: 1.121 on 1 and 154 DF,  p-value: 0.2914

Fire

A. 2000-17 Regression

## 
## Call:
## lm(formula = data_0$pct_change_ff_budget ~ data_0$pct_change_housing_index)
## 
## Residuals:
##      Min       1Q   Median       3Q      Max 
## -1.34427 -0.38419 -0.07788  0.30390  1.66350 
## 
## Coefficients:
##                                 Estimate Std. Error t value         Pr(>|t|)
## (Intercept)                       0.8455     0.1117   7.570 0.00000000000906
## data_0$pct_change_housing_index   0.1550     0.1351   1.147            0.254
##                                    
## (Intercept)                     ***
## data_0$pct_change_housing_index    
## ---
## Signif. codes:  0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
## 
## Residual standard error: 0.5893 on 118 degrees of freedom
##   (3 observations deleted due to missingness)
## Multiple R-squared:  0.01103,    Adjusted R-squared:  0.002649 
## F-statistic: 1.316 on 1 and 118 DF,  p-value: 0.2536

B. 2000-06 Regression

## 
## Call:
## lm(formula = data_1$pct_change_ff_budget ~ data_1$pct_change_housing_index)
## 
## Residuals:
##      Min       1Q   Median       3Q      Max 
## -0.56917 -0.21885 -0.00227  0.15634  1.30509 
## 
## Coefficients:
##                                 Estimate Std. Error t value Pr(>|t|)    
## (Intercept)                      0.28964    0.07298   3.969 0.000167 ***
## data_1$pct_change_housing_index  0.16935    0.09471   1.788 0.077912 .  
## ---
## Signif. codes:  0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
## 
## Residual standard error: 0.3064 on 73 degrees of freedom
##   (1 observation deleted due to missingness)
## Multiple R-squared:  0.04196,    Adjusted R-squared:  0.02884 
## F-statistic: 3.197 on 1 and 73 DF,  p-value: 0.07791

C. 2007-11 Regression

## 
## Call:
## lm(formula = data_2$pct_change_ff_budget ~ data_2$pct_change_housing_index)
## 
## Residuals:
##      Min       1Q   Median       3Q      Max 
## -0.53386 -0.15522 -0.04639  0.05071  3.14395 
## 
## Coefficients:
##                                 Estimate Std. Error t value   Pr(>|t|)    
## (Intercept)                      0.21157    0.04442   4.763 0.00000474 ***
## data_2$pct_change_housing_index  0.37435    0.21621   1.731     0.0856 .  
## ---
## Signif. codes:  0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
## 
## Residual standard error: 0.3534 on 139 degrees of freedom
##   (3 observations deleted due to missingness)
## Multiple R-squared:  0.02111,    Adjusted R-squared:  0.01407 
## F-statistic: 2.998 on 1 and 139 DF,  p-value: 0.0856

D. 2012-17 Regression

## 
## Call:
## lm(formula = data_3$pct_change_ff_budget ~ data_3$pct_change_housing_index)
## 
## Residuals:
##      Min       1Q   Median       3Q      Max 
## -0.73682 -0.10373 -0.01365  0.08368  0.92165 
## 
## Coefficients:
##                                 Estimate Std. Error t value        Pr(>|t|)    
## (Intercept)                      0.22039    0.03150   6.997 0.0000000000753 ***
## data_3$pct_change_housing_index -0.08013    0.09692  -0.827            0.41    
## ---
## Signif. codes:  0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
## 
## Residual standard error: 0.2342 on 154 degrees of freedom
##   (6 observations deleted due to missingness)
## Multiple R-squared:  0.004418,   Adjusted R-squared:  -0.002046 
## F-statistic: 0.6835 on 1 and 154 DF,  p-value: 0.4097

Explore Data Flags

Police

FTE Flags

Count of Flags Over Time

Number of Corrected Flags Over Time

Cities with the Most Corrected Flags Over Time

FTE Payroll Flags

Count of Flags Over Time

Number of Corrected Flags Over Time

Cities with the Most Corrected Flags Over Time

Reg 4: Excl. Cities w/ Growth/Corrected Flag

Police

A. 2000-2017 Regressions

A1. Police Payroll

## 
## Call:
## lm(formula = p_payroll_data_00_17$pct_change_p_payroll ~ p_payroll_data_00_17$pct_change_housing_index)
## 
## Residuals:
##      Min       1Q   Median       3Q      Max 
## -0.47610 -0.10823 -0.00798  0.11201  0.52572 
## 
## Coefficients:
##                                               Estimate Std. Error t value
## (Intercept)                                   -0.01597    0.06110  -0.261
## p_payroll_data_00_17$pct_change_housing_index  0.48993    0.14592   3.357
##                                               Pr(>|t|)   
## (Intercept)                                    0.79426   
## p_payroll_data_00_17$pct_change_housing_index  0.00109 **
## ---
## Signif. codes:  0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
## 
## Residual standard error: 0.1883 on 107 degrees of freedom
##   (42 observations deleted due to missingness)
## Multiple R-squared:  0.09531,    Adjusted R-squared:  0.08685 
## F-statistic: 11.27 on 1 and 107 DF,  p-value: 0.00109

A2. Police FTE

## 
## Call:
## lm(formula = p_fte_data_00_17$pct_change_p_fte ~ p_fte_data_00_17$pct_change_housing_index)
## 
## Residuals:
##      Min       1Q   Median       3Q      Max 
## -0.39346 -0.11334  0.01682  0.12931  0.48847 
## 
## Coefficients:
##                                           Estimate Std. Error t value Pr(>|t|)
## (Intercept)                               -0.12100    0.05485  -2.206  0.02951
## p_fte_data_00_17$pct_change_housing_index  0.34516    0.13100   2.635  0.00967
##                                             
## (Intercept)                               * 
## p_fte_data_00_17$pct_change_housing_index **
## ---
## Signif. codes:  0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
## 
## Residual standard error: 0.169 on 107 degrees of freedom
##   (43 observations deleted due to missingness)
## Multiple R-squared:  0.06093,    Adjusted R-squared:  0.05216 
## F-statistic: 6.943 on 1 and 107 DF,  p-value: 0.009665

B. 2012-2017 Regressions

B1. Police Payroll

## 
## Call:
## lm(formula = p_payroll_data_12_17$pct_change_p_payroll ~ p_payroll_data_12_17$pct_change_housing_index)
## 
## Residuals:
##      Min       1Q   Median       3Q      Max 
## -0.57214 -0.07417  0.00625  0.08326  0.36063 
## 
## Coefficients:
##                                               Estimate Std. Error t value
## (Intercept)                                    0.03799    0.02565   1.481
## p_payroll_data_12_17$pct_change_housing_index  0.22517    0.11680   1.928
##                                               Pr(>|t|)  
## (Intercept)                                     0.1412  
## p_payroll_data_12_17$pct_change_housing_index   0.0563 .
## ---
## Signif. codes:  0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
## 
## Residual standard error: 0.1408 on 119 degrees of freedom
##   (30 observations deleted due to missingness)
## Multiple R-squared:  0.03029,    Adjusted R-squared:  0.02214 
## F-statistic: 3.717 on 1 and 119 DF,  p-value: 0.05625

B2. Police FTE

## 
## Call:
## lm(formula = p_fte_data_12_17$pct_change_p_fte ~ p_fte_data_12_17$pct_change_housing_index)
## 
## Residuals:
##       Min        1Q    Median        3Q       Max 
## -0.212729 -0.042869 -0.001521  0.045074  0.185958 
## 
## Coefficients:
##                                           Estimate Std. Error t value Pr(>|t|)
## (Intercept)                               -0.01003    0.01497  -0.670   0.5040
## p_fte_data_12_17$pct_change_housing_index  0.14738    0.06818   2.162   0.0326
##                                            
## (Intercept)                                
## p_fte_data_12_17$pct_change_housing_index *
## ---
## Signif. codes:  0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
## 
## Residual standard error: 0.08222 on 119 degrees of freedom
##   (31 observations deleted due to missingness)
## Multiple R-squared:  0.03778,    Adjusted R-squared:  0.0297 
## F-statistic: 4.673 on 1 and 119 DF,  p-value: 0.03265

Firefighters

A. 2000-2017 Regressions

A1. Fire Payroll

## 
## Call:
## lm(formula = ff_payroll_data_00_17$pct_change_ff_payroll ~ ff_payroll_data_00_17$pct_change_housing_index)
## 
## Residuals:
##      Min       1Q   Median       3Q      Max 
## -1.32427 -0.08578  0.01800  0.14027  0.38123 
## 
## Coefficients:
##                                                Estimate Std. Error t value
## (Intercept)                                    -0.14027    0.08055  -1.741
## ff_payroll_data_00_17$pct_change_housing_index  0.81485    0.19385   4.203
##                                                 Pr(>|t|)    
## (Intercept)                                       0.0847 .  
## ff_payroll_data_00_17$pct_change_housing_index 0.0000577 ***
## ---
## Signif. codes:  0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
## 
## Residual standard error: 0.2438 on 99 degrees of freedom
##   (28 observations deleted due to missingness)
## Multiple R-squared:  0.1514, Adjusted R-squared:  0.1429 
## F-statistic: 17.67 on 1 and 99 DF,  p-value: 0.00005768

A2. Fire FTE

## 
## Call:
## lm(formula = ff_fte_data_00_17$pct_change_ff_fte ~ ff_fte_data_00_17$pct_change_housing_index)
## 
## Residuals:
##      Min       1Q   Median       3Q      Max 
## -0.66348 -0.09441  0.01493  0.13883  0.35734 
## 
## Coefficients:
##                                            Estimate Std. Error t value Pr(>|t|)
## (Intercept)                                -0.10055    0.06833  -1.472   0.1443
## ff_fte_data_00_17$pct_change_housing_index  0.39359    0.16444   2.394   0.0186
##                                             
## (Intercept)                                 
## ff_fte_data_00_17$pct_change_housing_index *
## ---
## Signif. codes:  0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
## 
## Residual standard error: 0.2069 on 99 degrees of freedom
##   (28 observations deleted due to missingness)
## Multiple R-squared:  0.0547, Adjusted R-squared:  0.04515 
## F-statistic: 5.729 on 1 and 99 DF,  p-value: 0.01857

B. 2012-2017 Regressions

B1. Fire Payroll

## 
## Call:
## lm(formula = ff_payroll_data_12_17$pct_change_ff_payroll ~ ff_payroll_data_12_17$pct_change_housing_index)
## 
## Residuals:
##      Min       1Q   Median       3Q      Max 
## -0.73029 -0.06438  0.01591  0.10973  0.33590 
## 
## Coefficients:
##                                                 Estimate Std. Error t value
## (Intercept)                                    -0.006554   0.036414  -0.180
## ff_payroll_data_12_17$pct_change_housing_index  0.278013   0.159292   1.745
##                                                Pr(>|t|)  
## (Intercept)                                      0.8575  
## ff_payroll_data_12_17$pct_change_housing_index   0.0838 .
## ---
## Signif. codes:  0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
## 
## Residual standard error: 0.1857 on 108 degrees of freedom
##   (19 observations deleted due to missingness)
## Multiple R-squared:  0.02743,    Adjusted R-squared:  0.01843 
## F-statistic: 3.046 on 1 and 108 DF,  p-value: 0.08378

B2. Fire FTE

## 
## Call:
## lm(formula = ff_fte_data_12_17$pct_change_ff_fte ~ ff_fte_data_12_17$pct_change_housing_index)
## 
## Residuals:
##      Min       1Q   Median       3Q      Max 
## -0.71566 -0.03444  0.01507  0.07195  0.36871 
## 
## Coefficients:
##                                            Estimate Std. Error t value Pr(>|t|)
## (Intercept)                                -0.03047    0.02901  -1.050    0.296
## ff_fte_data_12_17$pct_change_housing_index  0.20618    0.12621   1.634    0.105
## 
## Residual standard error: 0.1482 on 109 degrees of freedom
##   (18 observations deleted due to missingness)
## Multiple R-squared:  0.0239, Adjusted R-squared:  0.01494 
## F-statistic: 2.669 on 1 and 109 DF,  p-value: 0.1052

Reg 5: Winsorize 5%

Police

A. 2000-17 Regressions

A1. Police Payroll

## 
## Call:
## lm(formula = data_0$w_pct_change_p_payroll ~ data_0$w_pct_change_housing_index)
## 
## Residuals:
##      Min       1Q   Median       3Q      Max 
## -0.50948 -0.17143 -0.01479  0.16768  0.44534 
## 
## Coefficients:
##                                   Estimate Std. Error t value Pr(>|t|)  
## (Intercept)                        0.09792    0.05467   1.791   0.0755 .
## data_0$w_pct_change_housing_index  0.19396    0.07658   2.533   0.0125 *
## ---
## Signif. codes:  0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
## 
## Residual standard error: 0.2374 on 136 degrees of freedom
##   (40 observations deleted due to missingness)
## Multiple R-squared:  0.04504,    Adjusted R-squared:  0.03802 
## F-statistic: 6.414 on 1 and 136 DF,  p-value: 0.01246

A2. Police FTE

## 
## Call:
## lm(formula = data_0$w_pct_change_p_fte ~ data_0$w_pct_change_housing_index)
## 
## Residuals:
##       Min        1Q    Median        3Q       Max 
## -0.249865 -0.126004 -0.006266  0.126096  0.268318 
## 
## Coefficients:
##                                   Estimate Std. Error t value Pr(>|t|)  
## (Intercept)                       -0.02171    0.03356  -0.647    0.519  
## data_0$w_pct_change_housing_index  0.08052    0.04701   1.713    0.089 .
## ---
## Signif. codes:  0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
## 
## Residual standard error: 0.1457 on 136 degrees of freedom
##   (40 observations deleted due to missingness)
## Multiple R-squared:  0.02112,    Adjusted R-squared:  0.01392 
## F-statistic: 2.934 on 1 and 136 DF,  p-value: 0.08901

A3. Police Salaries (Payroll / FTE)

## 
## Call:
## lm(formula = data_0$w_pct_change_p_salaries ~ data_0$w_pct_change_housing_index)
## 
## Residuals:
##      Min       1Q   Median       3Q      Max 
## -0.20675 -0.09521 -0.01290  0.05148  0.39247 
## 
## Coefficients:
##                                   Estimate Std. Error t value      Pr(>|t|)    
## (Intercept)                       -0.19585    0.03056  -6.409 0.00000000223 ***
## data_0$w_pct_change_housing_index  0.07657    0.04281   1.789        0.0759 .  
## ---
## Signif. codes:  0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
## 
## Residual standard error: 0.1327 on 136 degrees of freedom
##   (40 observations deleted due to missingness)
## Multiple R-squared:  0.02299,    Adjusted R-squared:  0.0158 
## F-statistic:   3.2 on 1 and 136 DF,  p-value: 0.07589

B. 2000-06 Regressions

B1. Police Payroll

## 
## Call:
## lm(formula = data_1$w_pct_change_p_payroll ~ data_1$w_pct_change_housing_index)
## 
## Residuals:
##      Min       1Q   Median       3Q      Max 
## -0.37461 -0.12938 -0.02068  0.10026  0.44041 
## 
## Coefficients:
##                                   Estimate Std. Error t value Pr(>|t|)  
## (Intercept)                        0.06345    0.04277   1.483   0.1416  
## data_1$w_pct_change_housing_index  0.10695    0.06262   1.708   0.0913 .
## ---
## Signif. codes:  0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
## 
## Residual standard error: 0.1815 on 86 degrees of freedom
##   (14 observations deleted due to missingness)
## Multiple R-squared:  0.0328, Adjusted R-squared:  0.02156 
## F-statistic: 2.917 on 1 and 86 DF,  p-value: 0.09127

B2. Police FTE

## 
## Call:
## lm(formula = data_1$w_pct_change_p_fte ~ data_1$w_pct_change_housing_index)
## 
## Residuals:
##       Min        1Q    Median        3Q       Max 
## -0.219713 -0.084644 -0.006027  0.068847  0.260544 
## 
## Coefficients:
##                                    Estimate Std. Error t value Pr(>|t|)  
## (Intercept)                       -0.009232   0.026580  -0.347   0.7292  
## data_1$w_pct_change_housing_index  0.069486   0.038913   1.786   0.0777 .
## ---
## Signif. codes:  0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
## 
## Residual standard error: 0.1128 on 86 degrees of freedom
##   (14 observations deleted due to missingness)
## Multiple R-squared:  0.03575,    Adjusted R-squared:  0.02454 
## F-statistic: 3.189 on 1 and 86 DF,  p-value: 0.07768

B3. Police Salaries (Payroll / FTE)

## 
## Call:
## lm(formula = data_1$w_pct_change_p_salaries ~ data_1$w_pct_change_housing_index)
## 
## Residuals:
##       Min        1Q    Median        3Q       Max 
## -0.247706 -0.046304 -0.006974  0.067145  0.284009 
## 
## Coefficients:
##                                   Estimate Std. Error t value Pr(>|t|)   
## (Intercept)                       -0.07888    0.02435  -3.239   0.0017 **
## data_1$w_pct_change_housing_index  0.01782    0.03565   0.500   0.6185   
## ---
## Signif. codes:  0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
## 
## Residual standard error: 0.1034 on 86 degrees of freedom
##   (14 observations deleted due to missingness)
## Multiple R-squared:  0.002896,   Adjusted R-squared:  -0.008698 
## F-statistic: 0.2498 on 1 and 86 DF,  p-value: 0.6185

C. 2007-11 Regressions

C1. Police Payroll

## 
## Call:
## lm(formula = data_2$w_pct_change_p_payroll ~ data_2$w_pct_change_housing_index)
## 
## Residuals:
##      Min       1Q   Median       3Q      Max 
## -0.29708 -0.11289 -0.02471  0.06855  0.61681 
## 
## Coefficients:
##                                   Estimate Std. Error t value Pr(>|t|)   
## (Intercept)                        0.06544    0.02354   2.780  0.00616 **
## data_2$w_pct_change_housing_index  0.36102    0.16107   2.241  0.02650 * 
## ---
## Signif. codes:  0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
## 
## Residual standard error: 0.1647 on 147 degrees of freedom
##   (9 observations deleted due to missingness)
## Multiple R-squared:  0.03305,    Adjusted R-squared:  0.02647 
## F-statistic: 5.024 on 1 and 147 DF,  p-value: 0.0265

C2. Police FTE

## 
## Call:
## lm(formula = data_2$w_pct_change_p_fte ~ data_2$w_pct_change_housing_index)
## 
## Residuals:
##       Min        1Q    Median        3Q       Max 
## -0.219124 -0.057021 -0.005521  0.048403  0.302994 
## 
## Coefficients:
##                                   Estimate Std. Error t value Pr(>|t|)  
## (Intercept)                        0.01941    0.01444   1.344   0.1809  
## data_2$w_pct_change_housing_index  0.23692    0.09879   2.398   0.0177 *
## ---
## Signif. codes:  0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
## 
## Residual standard error: 0.101 on 147 degrees of freedom
##   (9 observations deleted due to missingness)
## Multiple R-squared:  0.03766,    Adjusted R-squared:  0.03111 
## F-statistic: 5.752 on 1 and 147 DF,  p-value: 0.01772

C3. Police Salaries (Payroll / FTE)

## 
## Call:
## lm(formula = data_2$w_pct_change_p_salaries ~ data_2$w_pct_change_housing_index)
## 
## Residuals:
##       Min        1Q    Median        3Q       Max 
## -0.256445 -0.049590 -0.004979  0.055480  0.290657 
## 
## Coefficients:
##                                   Estimate Std. Error t value Pr(>|t|)  
## (Intercept)                       -0.03943    0.01617  -2.439   0.0159 *
## data_2$w_pct_change_housing_index  0.14138    0.11062   1.278   0.2032  
## ---
## Signif. codes:  0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
## 
## Residual standard error: 0.1131 on 147 degrees of freedom
##   (9 observations deleted due to missingness)
## Multiple R-squared:  0.01099,    Adjusted R-squared:  0.004262 
## F-statistic: 1.634 on 1 and 147 DF,  p-value: 0.2032

D. 2012-17 Regressions

D1. Police Payroll

## 
## Call:
## lm(formula = data_3$w_pct_change_p_payroll ~ data_3$w_pct_change_housing_index)
## 
## Residuals:
##      Min       1Q   Median       3Q      Max 
## -0.36383 -0.09294 -0.01920  0.07596  0.52406 
## 
## Coefficients:
##                                   Estimate Std. Error t value Pr(>|t|)   
## (Intercept)                        0.05990    0.02184   2.743  0.00677 **
## data_3$w_pct_change_housing_index  0.14472    0.06904   2.096  0.03760 * 
## ---
## Signif. codes:  0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
## 
## Residual standard error: 0.1708 on 164 degrees of freedom
##   (12 observations deleted due to missingness)
## Multiple R-squared:  0.02609,    Adjusted R-squared:  0.02016 
## F-statistic: 4.394 on 1 and 164 DF,  p-value: 0.0376

D2. Police FTE

## 
## Call:
## lm(formula = data_3$w_pct_change_p_fte ~ data_3$w_pct_change_housing_index)
## 
## Residuals:
##       Min        1Q    Median        3Q       Max 
## -0.185240 -0.045170  0.001329  0.043333  0.240239 
## 
## Coefficients:
##                                   Estimate Std. Error t value Pr(>|t|)    
## (Intercept)                       -0.01504    0.01074  -1.401 0.163093    
## data_3$w_pct_change_housing_index  0.12685    0.03394   3.737 0.000256 ***
## ---
## Signif. codes:  0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
## 
## Residual standard error: 0.08395 on 164 degrees of freedom
##   (12 observations deleted due to missingness)
## Multiple R-squared:  0.07849,    Adjusted R-squared:  0.07287 
## F-statistic: 13.97 on 1 and 164 DF,  p-value: 0.0002564

D3. Police Salaries (Payroll / FTE)

## 
## Call:
## lm(formula = data_3$w_pct_change_p_salaries ~ data_3$w_pct_change_housing_index)
## 
## Residuals:
##       Min        1Q    Median        3Q       Max 
## -0.315713 -0.052558  0.001532  0.057121  0.222292 
## 
## Coefficients:
##                                    Estimate Std. Error t value Pr(>|t|)
## (Intercept)                       -0.004330   0.015679  -0.276    0.783
## data_3$w_pct_change_housing_index  0.006524   0.049561   0.132    0.895
## 
## Residual standard error: 0.1226 on 164 degrees of freedom
##   (12 observations deleted due to missingness)
## Multiple R-squared:  0.0001056,  Adjusted R-squared:  -0.005991 
## F-statistic: 0.01733 on 1 and 164 DF,  p-value: 0.8954

Firefighters

A. 2000-17 Regressions

A1. Firefighters Payroll

## 
## Call:
## lm(formula = data_0$w_pct_change_ff_payroll ~ data_0$w_pct_change_housing_index)
## 
## Residuals:
##      Min       1Q   Median       3Q      Max 
## -0.58052 -0.16088 -0.00234  0.22085  0.44191 
## 
## Coefficients:
##                                   Estimate Std. Error t value Pr(>|t|)   
## (Intercept)                        0.07458    0.05936   1.256  0.21112   
## data_0$w_pct_change_housing_index  0.25537    0.08315   3.071  0.00257 **
## ---
## Signif. codes:  0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
## 
## Residual standard error: 0.2577 on 136 degrees of freedom
##   (40 observations deleted due to missingness)
## Multiple R-squared:  0.06486,    Adjusted R-squared:  0.05798 
## F-statistic: 9.433 on 1 and 136 DF,  p-value: 0.002575

A2. Firefighters FTE

## 
## Call:
## lm(formula = data_0$w_pct_change_ff_fte ~ data_0$w_pct_change_housing_index)
## 
## Residuals:
##      Min       1Q   Median       3Q      Max 
## -0.35596 -0.13815 -0.02068  0.14047  0.35352 
## 
## Coefficients:
##                                   Estimate Std. Error t value Pr(>|t|)  
## (Intercept)                        0.00617    0.04323   0.143   0.8867  
## data_0$w_pct_change_housing_index  0.11077    0.06056   1.829   0.0696 .
## ---
## Signif. codes:  0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
## 
## Residual standard error: 0.1877 on 136 degrees of freedom
##   (40 observations deleted due to missingness)
## Multiple R-squared:  0.02401,    Adjusted R-squared:  0.01683 
## F-statistic: 3.346 on 1 and 136 DF,  p-value: 0.06958

A3. Firefighters Salaries (Payroll / FTE)

## 
## Call:
## lm(formula = data_0$w_pct_change_ff_salaries ~ data_0$w_pct_change_housing_index)
## 
## Residuals:
##      Min       1Q   Median       3Q      Max 
## -0.19489 -0.08690 -0.02254  0.05516  0.34725 
## 
## Coefficients:
##                                   Estimate Std. Error t value        Pr(>|t|)
## (Intercept)                       -0.21048    0.02862  -7.355 0.0000000000162
## data_0$w_pct_change_housing_index  0.07092    0.04009   1.769          0.0791
##                                      
## (Intercept)                       ***
## data_0$w_pct_change_housing_index .  
## ---
## Signif. codes:  0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
## 
## Residual standard error: 0.1242 on 136 degrees of freedom
##   (40 observations deleted due to missingness)
## Multiple R-squared:  0.02249,    Adjusted R-squared:  0.01531 
## F-statistic: 3.129 on 1 and 136 DF,  p-value: 0.07913

B. 2000-06 Regressions

B1. Firefighters Payroll

## 
## Call:
## lm(formula = data_1$w_pct_change_ff_payroll ~ data_1$w_pct_change_housing_index)
## 
## Residuals:
##      Min       1Q   Median       3Q      Max 
## -0.35426 -0.14402 -0.02223  0.11445  0.51328 
## 
## Coefficients:
##                                   Estimate Std. Error t value Pr(>|t|)  
## (Intercept)                        0.03146    0.04720   0.667   0.5068  
## data_1$w_pct_change_housing_index  0.16343    0.06910   2.365   0.0203 *
## ---
## Signif. codes:  0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
## 
## Residual standard error: 0.2003 on 86 degrees of freedom
##   (14 observations deleted due to missingness)
## Multiple R-squared:  0.06108,    Adjusted R-squared:  0.05016 
## F-statistic: 5.594 on 1 and 86 DF,  p-value: 0.02027

B2. Firefighters FTE

## 
## Call:
## lm(formula = data_1$w_pct_change_ff_fte ~ data_1$w_pct_change_housing_index)
## 
## Residuals:
##      Min       1Q   Median       3Q      Max 
## -0.29995 -0.09342 -0.02586  0.09045  0.34888 
## 
## Coefficients:
##                                   Estimate Std. Error t value Pr(>|t|)
## (Intercept)                        0.02648    0.03392   0.781    0.437
## data_1$w_pct_change_housing_index  0.05610    0.04966   1.130    0.262
## 
## Residual standard error: 0.144 on 86 degrees of freedom
##   (14 observations deleted due to missingness)
## Multiple R-squared:  0.01462,    Adjusted R-squared:  0.003166 
## F-statistic: 1.276 on 1 and 86 DF,  p-value: 0.2617

B3. Firefighters Salaries (Payroll / FTE)

## 
## Call:
## lm(formula = data_1$w_pct_change_ff_salaries ~ data_1$w_pct_change_housing_index)
## 
## Residuals:
##       Min        1Q    Median        3Q       Max 
## -0.228612 -0.066466 -0.006928  0.065031  0.293900 
## 
## Coefficients:
##                                   Estimate Std. Error t value    Pr(>|t|)    
## (Intercept)                       -0.14271    0.02517  -5.671 0.000000187 ***
## data_1$w_pct_change_housing_index  0.08706    0.03684   2.363      0.0204 *  
## ---
## Signif. codes:  0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
## 
## Residual standard error: 0.1068 on 86 degrees of freedom
##   (14 observations deleted due to missingness)
## Multiple R-squared:  0.06096,    Adjusted R-squared:  0.05004 
## F-statistic: 5.583 on 1 and 86 DF,  p-value: 0.02039

C. 2007-11 Regressions

C1. Firefighters Payroll

## 
## Call:
## lm(formula = data_2$w_pct_change_ff_payroll ~ data_2$w_pct_change_housing_index)
## 
## Residuals:
##      Min       1Q   Median       3Q      Max 
## -0.31227 -0.08707 -0.01880  0.05927  0.60233 
## 
## Coefficients:
##                                   Estimate Std. Error t value Pr(>|t|)  
## (Intercept)                        0.04859    0.02277   2.134   0.0345 *
## data_2$w_pct_change_housing_index  0.26581    0.15576   1.706   0.0900 .
## ---
## Signif. codes:  0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
## 
## Residual standard error: 0.1593 on 147 degrees of freedom
##   (9 observations deleted due to missingness)
## Multiple R-squared:  0.01943,    Adjusted R-squared:  0.01275 
## F-statistic: 2.912 on 1 and 147 DF,  p-value: 0.09003

C2. Firefighters FTE

## 
## Call:
## lm(formula = data_2$w_pct_change_ff_fte ~ data_2$w_pct_change_housing_index)
## 
## Residuals:
##      Min       1Q   Median       3Q      Max 
## -0.24469 -0.05501 -0.00986  0.03389  0.39901 
## 
## Coefficients:
##                                   Estimate Std. Error t value Pr(>|t|)  
## (Intercept)                       0.008599   0.016251   0.529   0.5975  
## data_2$w_pct_change_housing_index 0.213965   0.111185   1.924   0.0562 .
## ---
## Signif. codes:  0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
## 
## Residual standard error: 0.1137 on 147 degrees of freedom
##   (9 observations deleted due to missingness)
## Multiple R-squared:  0.02457,    Adjusted R-squared:  0.01794 
## F-statistic: 3.703 on 1 and 147 DF,  p-value: 0.05624

C3. Firefighters Salaries (Payroll / FTE)

## 
## Call:
## lm(formula = data_2$w_pct_change_ff_salaries ~ data_2$w_pct_change_housing_index)
## 
## Residuals:
##       Min        1Q    Median        3Q       Max 
## -0.285224 -0.057772 -0.001453  0.057198  0.226875 
## 
## Coefficients:
##                                   Estimate Std. Error t value Pr(>|t|)   
## (Intercept)                       -0.04658    0.01566  -2.974  0.00343 **
## data_2$w_pct_change_housing_index  0.01872    0.10715   0.175  0.86156   
## ---
## Signif. codes:  0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
## 
## Residual standard error: 0.1096 on 147 degrees of freedom
##   (9 observations deleted due to missingness)
## Multiple R-squared:  0.0002076,  Adjusted R-squared:  -0.006594 
## F-statistic: 0.03052 on 1 and 147 DF,  p-value: 0.8616

D. 2012-17 Regressions

D1. Firefighters Payroll

## 
## Call:
## lm(formula = data_3$w_pct_change_ff_payroll ~ data_3$w_pct_change_housing_index)
## 
## Residuals:
##      Min       1Q   Median       3Q      Max 
## -0.36723 -0.09135 -0.00326  0.09902  0.53330 
## 
## Coefficients:
##                                   Estimate Std. Error t value Pr(>|t|)  
## (Intercept)                        0.04472    0.02331   1.919   0.0568 .
## data_3$w_pct_change_housing_index  0.11650    0.07367   1.581   0.1157  
## ---
## Signif. codes:  0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
## 
## Residual standard error: 0.1822 on 164 degrees of freedom
##   (12 observations deleted due to missingness)
## Multiple R-squared:  0.01502,    Adjusted R-squared:  0.009013 
## F-statistic: 2.501 on 1 and 164 DF,  p-value: 0.1157

D2. Firefighters FTE

## 
## Call:
## lm(formula = data_3$w_pct_change_ff_fte ~ data_3$w_pct_change_housing_index)
## 
## Residuals:
##      Min       1Q   Median       3Q      Max 
## -0.26112 -0.04658 -0.00494  0.05102  0.38139 
## 
## Coefficients:
##                                    Estimate Std. Error t value Pr(>|t|)  
## (Intercept)                       -0.003216   0.013926  -0.231    0.818  
## data_3$w_pct_change_housing_index  0.110492   0.044019   2.510    0.013 *
## ---
## Signif. codes:  0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
## 
## Residual standard error: 0.1089 on 164 degrees of freedom
##   (12 observations deleted due to missingness)
## Multiple R-squared:  0.037,  Adjusted R-squared:  0.03112 
## F-statistic: 6.301 on 1 and 164 DF,  p-value: 0.01304

D3. Firefighters Salaries (Payroll / FTE)

## 
## Call:
## lm(formula = data_3$w_pct_change_ff_salaries ~ data_3$w_pct_change_housing_index)
## 
## Residuals:
##      Min       1Q   Median       3Q      Max 
## -0.31459 -0.08505  0.01310  0.08868  0.20452 
## 
## Coefficients:
##                                   Estimate Std. Error t value Pr(>|t|)
## (Intercept)                       -0.02070    0.01708  -1.212    0.227
## data_3$w_pct_change_housing_index -0.01323    0.05398  -0.245    0.807
## 
## Residual standard error: 0.1335 on 164 degrees of freedom
##   (12 observations deleted due to missingness)
## Multiple R-squared:  0.0003661,  Adjusted R-squared:  -0.005729 
## F-statistic: 0.06006 on 1 and 164 DF,  p-value: 0.8067

Reg 6: Separate Lists

Police

A. 2000-17 Regressions

Police Payroll

List 1
## 
## Call:
## lm(formula = data_l1_0$pct_change_p_payroll ~ data_l1_0$pct_change_housing_index)
## 
## Residuals:
##     Min      1Q  Median      3Q     Max 
## -0.8163 -0.2042 -0.0477  0.1287  1.2567 
## 
## Coefficients:
##                                    Estimate Std. Error t value Pr(>|t|)  
## (Intercept)                         0.20826    0.08061   2.583   0.0118 *
## data_l1_0$pct_change_housing_index  0.08406    0.08657   0.971   0.3347  
## ---
## Signif. codes:  0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
## 
## Residual standard error: 0.3611 on 74 degrees of freedom
##   (1 observation deleted due to missingness)
## Multiple R-squared:  0.01258,    Adjusted R-squared:  -0.0007641 
## F-statistic: 0.9427 on 1 and 74 DF,  p-value: 0.3347

List 2
## 
## Call:
## lm(formula = data_l2_0$pct_change_p_payroll ~ data_l2_0$pct_change_housing_index)
## 
## Residuals:
##      Min       1Q   Median       3Q      Max 
## -0.63998 -0.21214 -0.09384  0.10576  1.91589 
## 
## Coefficients:
##                                    Estimate Std. Error t value Pr(>|t|)
## (Intercept)                          0.2041     0.1970   1.036    0.304
## data_l2_0$pct_change_housing_index   0.1097     0.3153   0.348    0.729
## 
## Residual standard error: 0.42 on 64 degrees of freedom
##   (39 observations deleted due to missingness)
## Multiple R-squared:  0.001888,   Adjusted R-squared:  -0.01371 
## F-statistic: 0.1211 on 1 and 64 DF,  p-value: 0.729

Police FTE

List 1
## 
## Call:
## lm(formula = data_l1_0$pct_change_p_fte ~ data_l1_0$pct_change_housing_index)
## 
## Residuals:
##      Min       1Q   Median       3Q      Max 
## -0.33164 -0.16076  0.00203  0.11306  0.92715 
## 
## Coefficients:
##                                    Estimate Std. Error t value Pr(>|t|)
## (Intercept)                         0.03294    0.04519   0.729    0.468
## data_l1_0$pct_change_housing_index  0.02703    0.04854   0.557    0.579
## 
## Residual standard error: 0.2024 on 74 degrees of freedom
##   (1 observation deleted due to missingness)
## Multiple R-squared:  0.004175,   Adjusted R-squared:  -0.009282 
## F-statistic: 0.3102 on 1 and 74 DF,  p-value: 0.5792

List 2
## 
## Call:
## lm(formula = data_l2_0$pct_change_p_fte ~ data_l2_0$pct_change_housing_index)
## 
## Residuals:
##      Min       1Q   Median       3Q      Max 
## -0.31960 -0.13627 -0.02434  0.09109  1.60092 
## 
## Coefficients:
##                                    Estimate Std. Error t value Pr(>|t|)
## (Intercept)                         -0.0940     0.1179  -0.797    0.428
## data_l2_0$pct_change_housing_index   0.2154     0.1887   1.142    0.258
## 
## Residual standard error: 0.2513 on 64 degrees of freedom
##   (39 observations deleted due to missingness)
## Multiple R-squared:  0.01997,    Adjusted R-squared:  0.004655 
## F-statistic: 1.304 on 1 and 64 DF,  p-value: 0.2577

B. 2012-17 Regressions

Police Payroll

List 1
## 
## Call:
## lm(formula = data_l1_3$pct_change_p_payroll ~ data_l1_3$pct_change_housing_index)
## 
## Residuals:
##      Min       1Q   Median       3Q      Max 
## -0.51370 -0.09363 -0.02865  0.06103  0.88334 
## 
## Coefficients:
##                                    Estimate Std. Error t value Pr(>|t|)
## (Intercept)                         0.06242    0.05304   1.177    0.243
## data_l1_3$pct_change_housing_index  0.14959    0.12339   1.212    0.229
## 
## Residual standard error: 0.2137 on 75 degrees of freedom
## Multiple R-squared:  0.01922,    Adjusted R-squared:  0.006145 
## F-statistic:  1.47 on 1 and 75 DF,  p-value: 0.2292

List 2
## 
## Call:
## lm(formula = data_l2_3$pct_change_p_payroll ~ data_l2_3$pct_change_housing_index)
## 
## Residuals:
##      Min       1Q   Median       3Q      Max 
## -0.57431 -0.08744 -0.00624  0.08764  0.64779 
## 
## Coefficients:
##                                    Estimate Std. Error t value Pr(>|t|)
## (Intercept)                         0.05536    0.03405   1.626    0.107
## data_l2_3$pct_change_housing_index  0.15751    0.20019   0.787    0.433
## 
## Residual standard error: 0.1771 on 91 degrees of freedom
##   (12 observations deleted due to missingness)
## Multiple R-squared:  0.006757,   Adjusted R-squared:  -0.004158 
## F-statistic: 0.6191 on 1 and 91 DF,  p-value: 0.4334

Police FTE

List 1
## 
## Call:
## lm(formula = data_l1_0$pct_change_p_fte ~ data_l1_0$pct_change_housing_index)
## 
## Residuals:
##      Min       1Q   Median       3Q      Max 
## -0.33164 -0.16076  0.00203  0.11306  0.92715 
## 
## Coefficients:
##                                    Estimate Std. Error t value Pr(>|t|)
## (Intercept)                         0.03294    0.04519   0.729    0.468
## data_l1_0$pct_change_housing_index  0.02703    0.04854   0.557    0.579
## 
## Residual standard error: 0.2024 on 74 degrees of freedom
##   (1 observation deleted due to missingness)
## Multiple R-squared:  0.004175,   Adjusted R-squared:  -0.009282 
## F-statistic: 0.3102 on 1 and 74 DF,  p-value: 0.5792

List 2
## 
## Call:
## lm(formula = data_l2_0$pct_change_p_fte ~ data_l2_0$pct_change_housing_index)
## 
## Residuals:
##      Min       1Q   Median       3Q      Max 
## -0.31960 -0.13627 -0.02434  0.09109  1.60092 
## 
## Coefficients:
##                                    Estimate Std. Error t value Pr(>|t|)
## (Intercept)                         -0.0940     0.1179  -0.797    0.428
## data_l2_0$pct_change_housing_index   0.2154     0.1887   1.142    0.258
## 
## Residual standard error: 0.2513 on 64 degrees of freedom
##   (39 observations deleted due to missingness)
## Multiple R-squared:  0.01997,    Adjusted R-squared:  0.004655 
## F-statistic: 1.304 on 1 and 64 DF,  p-value: 0.2577