Table 16 Heterogeneity by age group

TFP growth

0.075 ^∗∗∗

0.024 ^∗∗∗

0.064 ^∗∗∗

0.148 ^∗∗∗

(0.010)

(0.008)

(0.013)

(0.033)

TFP growth squared

–0.015 ^∗∗∗

–0.004 ^∗

–0.012 ^∗∗∗

–0.029 ^∗∗∗

(0.002)

(0.002)

(0.003)

(0.008)

Married (d)

0.009 ^∗∗

0.002

0.012 ^∗∗

0.013

(0.004)

(0.002)

(0.005)

(0.013)

Spouse working (d)

–0.042 ^∗∗∗

–0.006 ^∗∗

–0.032 ^∗∗∗

–0.107 ^∗∗∗

(0.004)

(0.002)

(0.005)

(0.010)

Emp. health ins. (d)

-0.001

0.002

0.011 ^∗∗

–0.028 ^∗

(0.005)

(0.002)

(0.005)

(0.016)

Gov. health ins. (d)

0.127 ^∗∗∗

0.047 ^∗∗∗

0.140 ^∗∗∗

0.198 ^∗∗∗

(0.013)

(0.018)

(0.023)

(0.026)

Wealth

0.062 ^∗∗∗

0.025 ^∗∗∗

0.128 ^∗∗∗

-0.054

(0.023)

(0.008)

(0.031)

(0.074)

Pension (d)

–0.079 ^∗∗∗

–0.034 ^∗∗∗

–0.082 ^∗∗∗

–0.130 ^∗∗∗

(0.009)

(0.006)

(0.011)

(0.016)

Very good health (d)

0.014 ^∗∗∗

0.009 ^∗

0.013 ^∗∗

0.025 ^∗

(0.005)

(0.005)

(0.006)

(0.015)

Good health (d)

0.026 ^∗∗∗

0.009 ^∗

0.024 ^∗∗∗

0.049 ^∗∗∗

(0.005)

(0.005)

(0.007)

(0.015)

Fair health (d)

0.076 ^∗∗∗

0.055 ^∗∗∗

0.059 ^∗∗∗

0.132 ^∗∗∗

(0.010)

(0.018)

(0.012)

(0.023)

Poor health (d)

0.279 ^∗∗∗

0.150 ^∗∗∗

0.320 ^∗∗∗

0.328 ^∗∗∗

(0.026)

(0.047)

(0.036)

(0.045)

Pseudo R-squared

0.239

0.272

0.179

0.171

Observations

21,856

5,304

9,528

7,014