(1) | (2) | (3) | |
---|---|---|---|
Dep. var.: Retired | Benchmark | Only positive shocks | W/o crisis years |
TFP growth | 0.075 ∗∗∗ | 0.081 ∗∗∗ | 0.069 ∗∗∗ |
(0.010) | (0.010) | (0.011) | |
TFP growth squared | –0.015 ∗∗∗ | –0.016 ∗∗∗ | –0.014 ∗∗∗ |
(0.002) | (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 ∗∗∗ | –0.041 ∗∗∗ |
(0.004) | (0.004) | (0.004) | |
Emp. health ins. (d) | –0.001 | –0.000 | –0.004 |
(0.005) | (0.005) | (0.005) | |
Gov. health ins. (d) | 0.127 ∗∗∗ | 0.126 ∗∗∗ | 0.124 ∗∗∗ |
(0.013) | (0.013) | (0.013) | |
Wealth | 0.062 ∗∗∗ | 0.062 ∗∗∗ | 0.043 ∗ |
(0.023) | (0.023) | (0.026) | |
Pension (d) | –0.079 ∗∗∗ | –0.079 ∗∗∗ | –0.075 ∗∗∗ |
(0.009) | (0.009) | (0.010) | |
Very good health (d) | 0.014 ∗∗∗ | 0.014 ∗∗∗ | 0.013 ∗∗∗ |
(0.005) | (0.005) | (0.005) | |
Good health (d) | 0.026 ∗∗∗ | 0.026 ∗∗∗ | 0.024 ∗∗∗ |
(0.005) | (0.005) | (0.006) | |
Fair health (d) | 0.076 ∗∗∗ | 0.077 ∗∗∗ | 0.079 ∗∗∗ |
(0.010) | (0.010) | (0.011) | |
Poor health (d) | 0.279 ∗∗∗ | 0.280 ∗∗∗ | 0.280 ∗∗∗ |
(0.026) | (0.026) | (0.029) | |
Pseudo R-squared | 0.239 | 0.239 | 0.242 |
Observations | 21,856 | 21,757 | 19,373 |