(1) | (2) | (3) | |
---|---|---|---|
Dep. var.: Retired | Benchmark | Linear | Order 3 |
TFP growth | 0.075 ∗∗∗ | 0.017 ∗∗∗ | 0.093 ∗∗∗ |
(0.010) | (0.005) | (0.023) | |
TFP growth squared | –0.015 ∗∗∗ | –0.026 ∗∗ | |
(0.002) | (0.013) | ||
TFP growth cube | 0.002 | ||
(0.002) | |||
Married (d) | 0.009 ∗∗ | 0.009 ∗∗ | 0.009 ∗∗ |
(0.004) | (0.004) | (0.004) | |
Spouse working (d) | –0.042 ∗∗∗ | –0.042 ∗∗∗ | –0.042 ∗∗∗ |
(0.004) | (0.004) | (0.004) | |
Emp. health ins. (d) | –0.001 | –0.000 | –0.001 |
(0.005) | (0.005) | (0.005) | |
Gov. health ins. (d) | 0.127 ∗∗∗ | 0.127 ∗∗∗ | 0.127 ∗∗∗ |
(0.013) | (0.013) | (0.013) | |
Wealth | 0.062 ∗∗∗ | 0.066 ∗∗∗ | 0.061 ∗∗∗ |
(0.023) | (0.023) | (0.023) | |
Pension (d) | –0.079 ∗∗∗ | –0.078 ∗∗∗ | –0.079 ∗∗∗ |
(0.009) | (0.009) | (0.009) | |
Very good health (d) | 0.014 ∗∗∗ | 0.015 ∗∗∗ | 0.014 ∗∗∗ |
(0.005) | (0.005) | (0.005) | |
Good health (d) | 0.026 ∗∗∗ | 0.026 ∗∗∗ | 0.026 ∗∗∗ |
(0.005) | (0.005) | (0.005) | |
Fair health (d) | 0.076 ∗∗∗ | 0.077 ∗∗∗ | 0.076 ∗∗∗ |
(0.010) | (0.010) | (0.010) | |
Poor health (d) | 0.279 ∗∗∗ | 0.279 ∗∗∗ | 0.279 ∗∗∗ |
(0.026) | (0.026) | (0.026) | |
Pseudo R-squared | 0.239 | 0.237 | 0.239 |
Observations | 21,856 | 21,856 | 21,856 |