(1) | (2) | (3) | |
---|---|---|---|
Dep. var.: Retired | Benchmark | Pre-war cohort | Post-war cohort |
TFP growth | 0.075 ∗∗∗ | 0.084 ∗∗∗ | 0.070 ∗∗∗ |
(0.010) | (0.018) | (0.011) | |
TFP growth squared | –0.015 ∗∗∗ | –0.018 ∗∗∗ | –0.013 ∗∗∗ |
(0.002) | (0.003) | (0.003) | |
Married (d) | 0.009 ∗∗ | 0.006 | 0.012 ∗∗∗ |
(0.004) | (0.008) | (0.004) | |
Spouse working (d) | –0.042 ∗∗∗ | –0.053 ∗∗∗ | –0.033 ∗∗∗ |
(0.004) | (0.006) | (0.005) | |
Emp. health ins. (d) | –0.001 | –0.008 | 0.005 |
(0.005) | (0.010) | (0.005) | |
Gov. health ins. (d) | 0.127 ∗∗∗ | 0.155 ∗∗∗ | 0.105 ∗∗∗ |
(0.013) | (0.019) | (0.017) | |
Wealth | 0.062 ∗∗∗ | 0.037 | 0.059 ∗∗∗ |
(0.023) | (0.040) | (0.018) | |
Pension (d) | –0.079 ∗∗∗ | –0.093 ∗∗∗ | –0.067 ∗∗∗ |
(0.009) | (0.017) | (0.006) | |
Very good health (d) | 0.014 ∗∗∗ | 0.011 | 0.019 ∗∗∗ |
(0.005) | (0.008) | (0.006) | |
Good health (d) | 0.026 ∗∗∗ | 0.025 ∗∗∗ | 0.028 ∗∗∗ |
(0.005) | (0.008) | (0.007) | |
Fair health (d) | 0.076 ∗∗∗ | 0.092 ∗∗∗ | 0.065 ∗∗∗ |
(0.010) | (0.014) | (0.013) | |
Poor health (d) | 0.279 ∗∗∗ | 0.325 ∗∗∗ | 0.237 ∗∗∗ |
(0.026) | (0.041) | (0.035) | |
Pseudo R-squared | 0.239 | 0.229 | 0.240 |
Observations | 21,856 | 11,088 | 10,768 |