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Table 5 Desired working hours (Tobit), retired

From: Retirement rigidities and the gap between effective and desired labour supply by older workers

  

Women

Men

Male

3.242***

  

(0.846)

  

Age 61–65

− 0.731

1.508

− 1.668

(0.889)

(0.982)

− 1.053

Age 66–70

− 5.210***

− 1.621

− 0.516***

(1.239)

− 1.728

(1.388)

Medium educ.

0.569

− 1.797

1.549

− 1.170

− 1.233

− 1.342

High educ.

2.473*

3.403**

1.843

(1.272)

(1.412)

− 1.451

Self-employed

3.326***

2.645**

3.432***

(1.126)

(1.284)

(1.154)

Private sector

− 0.344

− 0.076

− 0.536

(0.973)

− 1.184

− 1.110

Net wealth

− 0.618

− 6.881**

2.324

− 2.426

(3.143)

− 2.082

Married/cohab.

− 2.760***

− 3.158***

− 0.016

(0.974)

(0.685)

− 1.632

No. children

0.754***

0.370

0.728**

(0.267)

(0.334)

(0.314)

South

− 0.162

− 23.496***

1.317

(0.982)

(4.898)

− 1.086

Center

0.510

− 0.265

0.934

(0.962)

(0.917)

− 1.115

  1. Notes: Observations: 2103 (827 women and 1276 men). Dummies for macro-areas are also included. The table shows the marginal effects on E(dh|dh > 0), where dh is the number of desired hours. Other variables are at their mean value
  2. p < 0.1; p < 0.05; p < 0.01