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Table 20 Formality path with the fourth policy experiment: age of 67 as FP requirement

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

  General Low education Medium education High education
  Benchmark Policy Benchmark Policy Benchmark Policy Benchmark Policy
23–28 0.399 0.402 0.265 0.271 0.481 0.484 0.615 0.617
29–34 0.619 0.619 0.512 0.509 0.692 0.693 0.778 0.776
35–44 0.756 0.753 0.651 0.652 0.852 0.850 0.854 0.852
45–54 0.747 0.755 0.544 0.550 0.943 0.948 0.904 0.928
55+ 0.831 0.868 0.764 0.822 0.875 0.894 0.933 0.948