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Table 11 The effect of the ratio of 55–59 years old in male full-time workers in 2003 on log number of various types of employees, interacted with the change in earnings drop at age 60 between cohorts 1943–1945 and 1946–1948

From: Effects of increased elderly employment on other workers’ employment and elderly’s earnings in Japan

 

(1)

(2)

(3)

(4)

(5)

(6)

(7)

(8)

Total # of employees

Full-time employees

Younger than 50

50–59 years old

60 or older

Full-time younger than 25

Female part-time 35–54 years old

Part-time 60 or older

Ratio of age 55–59 in 2003 × 2002

0.077

0.036

0.125*

0.069

−0.231

−0.085

0.127

−0.006

[0.067]

[0.061]

[0.071]

[0.108]

[0.282]

[0.157]

[0.227]

[0.163]

Ratio of age 55–59 in 2003 × 2002 × earnings drop at age 60

−0.211

−0.138

−0.114

−0.356

−0.64

0.506

−0.416

−0.946**

[0.140]

[0.165]

[0.163]

[0.221]

[0.742]

[0.338]

[0.384]

[0.415]

Ratio of age 55–59 in 2003 × 2004

0.038

0.058

0.04

−0.036

0.261

0.558**

−0.141

0.037

[0.056]

[0.053]

[0.045]

[0.161]

[0.409]

[0.276]

[0.246]

[0.298]

Ratio of age 55–59 in 2003 × 2004 × earnings drop at age 60

−0.258

0.009

−0.151

−0.593

0.775

0.399

0.641

1.372

[0.158]

[0.129]

[0.111]

[0.506]

[1.306]

[0.757]

[0.628]

[0.886]

Ratio of age 55–59 in 2003 × 2005

−0.091

−0.041

0.015

−0.523***

0.822**

1.043***

−0.166

0.106

[0.087]

[0.077]

[0.086]

[0.176]

[0.413]

[0.308]

[0.272]

[0.325]

Ratio of age 55–59 in 2003 × 2005 × earnings drop at age 60

−0.042

0.244

−0.295

0.298

0.708

0.236

0.777

1.584*

[0.223]

[0.178]

[0.212]

[0.508]

[1.263]

[0.885]

[0.643]

[0.864]

Ratio of age 55–59 in 2003 × 2006

−0.172*

−0.096

0.007

−0.867***

1.231**

1.496***

−0.206

0.635

[0.096]

[0.087]

[0.103]

[0.236]

[0.565]

[0.368]

[0.286]

[0.432]

Ratio of age 55–59 in 2003 × 2006 × earnings drop at age 60

−0.245

0.062

−0.595***

0.304

−0.526

−0.766

0.394

0.579

[0.268]

[0.228]

[0.223]

[0.749]

[1.677]

[1.113]

[0.686]

[1.203]

Ratio of age 55–59 in 2003 × 2007

−0.09

0.164

0.193

−1.368***

1.319

2.054***

−1.162**

0.41

[0.144]

[0.251]

[0.125]

[0.459]

[0.877]

[0.557]

[0.566]

[0.587]

Ratio of age 55–59 in 2003 × 2007 × earnings drop at age 60

−0.552

0.176

−1.068***

0.284

−0.378

−0.6

2.057

1.376

[0.433]

[0.523]

[0.387]

[1.334]

[2.506]

[1.758]

[1.715]

[1.606]

Ratio of age 55–59 in 2003 × 2008

−0.344***

−0.208

0.028

−1.842***

0.606

1.844***

−0.463

0.387

[0.117]

[0.130]

[0.137]

[0.468]

[0.876]

[0.514]

[0.349]

[0.746]

Ratio of age 55–59 in 2003 × 2008 × earnings drop at age 60

−0.101

0.298

−0.683**

1.126

1.94

−1.145

0.602

2.955

[0.328]

[0.335]

[0.298]

[1.496]

[2.733]

[1.444]

[0.821]

[2.356]

Observations

6108

6108

6108

6108

6108

6108

6108

6108

R-squared

0.031

0.016

0.027

0.084

0.283

0.072

0.051

0.099

Number of establishments

925

925

925

925

925

925

925

925

  1. Note: Standard errors with clustering for establishment ID are presented in brackets. *, **, *** indicate coefficients are statistically significantly different from 0 at the 10, 5, and 1 % levels, respectively. Control variables omitted from the table include industry-year dummies. Establishment fixed effects are also controlled