Skip to main content

Table 7 Moment matching by education

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

  Low education Medium education High education
  Formal Informal Formal Informal Formal Informal
  Data Model Data Model Data Model Data Model Data Model Data Model
23–28 40.5 26.5 44.9 64.9 60.0 48.1 31.7 41.5 67.5 61.5 0.244 0.319
  [36.3, 43.6]   [40.5, 49.3]   [58.6, 61.5]   [30.0, 33.2]   [63.1, 71.7]   [19.7,28.7]  
29–34 47.9 51.2 43.7 45.2 70.6 69.2 24.1 27.6 88.4 77.8 9.9 21.6
  [44.3, 50.8] [40.7, 47.4] [66.8, 73.2] [20.5, 28.2] [84.9, 91.9] [7.2,11.4]
35–44 59.6 65.1 33.1 31.5 84.7 85.2 12.2 14.5 91.9 85.4 6.9 14.3
  [57.4, 61.9] [31.4, 34.9] [80.2, 88.3] [8.8, 15.4] [90.4, 93.2] [5.5, 8.0]
45–54 57.6 54.4 31.9 34.7 85.9 94.3 11.9 5.4 92.9 90.4 5.5 6.1
  [50.9, 62.9] [30.0, 33.8] [81.2, 89.6] [0.085, 15.6] [90.5, 94.7] [3.8,7.7]
55+ 66.2 76.4 25.2 13.9 70.8 87.5 18.8 3.2 95.8 93.3 3.2 3.7
  [62.1, 69.6] [22.4, 28.5] [64.9, 79.3] [14.7, 23.8] [93.6, 97.8] [1.5,5.0]
  1. The interval is estimated by performing bootstraps and considering the middle 90%