| |
(1)
|
(2)
|
(3)
|
|---|
|
Dep. var.:
|
Retired
|
Retired/Unemp.
|
Retired/Unemp./Part-time
|
|---|
|
TFP growth
|
0.075 ∗∗∗
|
0.061 ∗∗∗
|
0.066 ∗∗∗
|
| |
(0.010)
|
(0.012)
|
(0.016)
|
|
TFP growth squared
|
-0.015 ∗∗∗
|
-0.012 ∗∗∗
|
-0.012 ∗∗∗
|
| |
(0.002)
|
(0.003)
|
(0.004)
|
|
Married (d)
|
0.009 ∗∗
|
0.009 ∗
|
0.005
|
| |
(0.004)
|
(0.005)
|
(0.007)
|
|
Spouse working (d)
|
-0.042 ∗∗∗
|
-0.050 ∗∗∗
|
-0.055 ∗∗∗
|
| |
(0.004)
|
(0.005)
|
(0.006)
|
|
Emp. health ins. (d)
|
-0.001
|
-0.023 ∗∗∗
|
-0.066 ∗∗∗
|
| |
(0.005)
|
(0.007)
|
(0.010)
|
|
Gov. health ins. (d)
|
0.127 ∗∗∗
|
0.123 ∗∗∗
|
0.137 ∗∗∗
|
| |
(0.013)
|
(0.014)
|
(0.018)
|
|
Wealth
|
0.062 ∗∗∗
|
-0.013
|
0.078 ∗
|
| |
(0.023)
|
(0.032)
|
(0.041)
|
|
Pension (d)
|
-0.079 ∗∗∗
|
-0.138 ∗∗∗
|
-0.197 ∗∗∗
|
| |
(0.009)
|
(0.011)
|
(0.013)
|
|
Very good health (d)
|
0.014 ∗∗∗
|
0.015 ∗∗
|
0.008
|
| |
(0.005)
|
(0.006)
|
(0.008)
|
|
Good health (d)
|
0.026 ∗∗∗
|
0.033 ∗∗∗
|
0.037 ∗∗∗
|
| |
(0.005)
|
(0.006)
|
(0.007)
|
|
Fair health (d)
|
0.076 ∗∗∗
|
0.089 ∗∗∗
|
0.109 ∗∗∗
|
| |
(0.010)
|
(0.011)
|
(0.012)
|
|
Poor health (d)
|
0.279 ∗∗∗
|
0.292 ∗∗∗
|
0.302 ∗∗∗
|
| |
(0.026)
|
(0.025)
|
(0.024)
|
|
Pseudo R-squared
|
0.239
|
0.214
|
0.175
|
|
Observations
|
21,856
|
21,856
|
21,856
|
- Notes: All models include race, foreign-born, geographical, education, occupation, age, cohort, and sector dummies, as well as controls for the unemployment rate in the survey year and the sector experience. Statistical significance is represented by * for p<0.10, ** for p<0.05, and *** for p<0.01. Standard errors are clustered at the sector-wave level. All models report the marginal effects of logit regressions
