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Table 12 Probabilities of being in each sector (men only) based on the multinomial model

From: Pension schemes and labor supply in the formal and informal sector

Age group: 45–54 years old
Unemployed Unemployed (−1) Formal (−1) Informal (−1)
 Low education 0.3829 0.0330 0.1143
 Medium education 0.3352 0.0179 0.1152
 High education 0.2999 0.0094 0.0936
Formal Unemployed (−1) Formal (−1) Informal (−1)
 Low education 0.2220 0.8654 0.2072
 Medium education 0.3450 0.9275 0.3289
 High education 0.4725 0.9616 0.4876
Informal Unemployed (−1) Formal (−1) Informal (−1)
 Low education 0.3951 0.1016 0.6786
 Medium education 0.3198 0.0546 0.5559
 High education 0.2277 0.0291 0.4188
Age group: 55–65 years old
Unemployed Unemployed (−1) Formal (−1) Informal (−1)
 Low education 0.4235 0.0379 0.1351
 Medium education 0.3568 0.0209 0.1395
 High education 0.2624 0.0092 0.0864
Formal Unemployed (−1) Formal (−1) Informal (−1)
 Low education 0.2245 0.8688 0.2226
 Medium education 0.3605 0.9290 0.3437
 High education 0.5372 0.9654 0.5351
Informal Unemployed (−1) Formal (−1) Informal (−1)
 Low education 0.3520 0.0933 0.6423
 Medium education 0.2828 0.0501 0.5168
 High education 0.2003 0.0253 0.3785