From: Retirement rigidities and the gap between effective and desired labour supply by older workers
Age 55–70 | Age 50–70 | |||
---|---|---|---|---|
All | Men | All | Men | |
Male | 1.589** | 1.680*** | ||
(0.775) | (0.454) | |||
Hours worked | 0.434*** | 0.438*** | 0.490*** | 0.446*** |
(0.044) | (0.056) | (0.031) | (0.040) | |
Wage | − 0.018 | − 0.043 | − 0.013 | − 0.027 |
(0.047) | (0.047) | (0.029) | (0.030) | |
Age 56–60 | 0.674 | 0.589 | ||
(0.435) | (0.499) | |||
Age 61–65 | − 0.018 | 0.405 | 0.374 | 0.871 |
(0.643) | (0.770) | (0.633) | (0.742) | |
Age 66–70 | − 0.205 | − 0.853 | 0.468 | − 0.395 |
(1.460) | (1.751) | (1.328) | (1.613) | |
Medium educ. | 1.273 | 0.360 | 1.266** | 0.719 |
(0.818) | (0.973) | (0.526) | (0.608) | |
High educ. | − 1.544* | − 0.712 | − 1.480*** | − 0.780 |
(0.867) | (1.023) | (0.571) | (0.656) | |
Self-employed | − 0.310 | − 0.648 | − 0.534 | − 0.647 |
(0.784) | (0.844) | (0.543) | (0.612) | |
Private sector | 1.536** | 1.914** | 1.329*** | 1.449*** |
(0.700) | (0.776) | (0.410) | (0.471) | |
Net wealth | 1.289 | 2.410* | 0.224 | 0.588 |
(1.359) | (1.424) | (1.037) | (1.250) | |
Married/cohab. | 1.747** | 2.150** | 0.554 | 1.175* |
(0.734) | (0.895) | (0.468) | (0.639) | |
No. children (in/out) | 0.136 | 0.165 | 0.046 | 0.060 |
(0.231) | (0.251) | (0.117) | (0.135) | |
South | − 1.747** | − 2.271*** | − 0.497 | − 0.737 |
(0.761) | (0.826) | (0.462) | (0.530) | |
Center | − 1.484** | − 1.448* | − 0.349 | − 0.050 |
(0.690) | (0.755) | (0.446) | (0.514) | |
Constant | 17.364*** | 18.371*** | 15.156*** | 17.967*** |
(1.752) | (2.331) | (1.102) | (1.620) |