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] |