TABLE 5.
ESTIMATION RESULTS
| LOGIT | OLS | |||
|---|---|---|---|---|
| Explanatory variable | Access to phased retirement | Age of phased retirement | ||
| Coefficient | t-value | Coefficient | t-value | |
| Men | −0.13 | (− 0.60) | 0.47 | (1.33) |
| Children 1+ | 0.20 | (1.00) | 0.90 | (2.26) |
| Partner | 0.14 | (0.63) | 0.40 | (0.81) |
| Age 35-44 | −0.18 | (− 0.73) | 0.93 | (1.85) |
| Age 45-54 | 0.16 | (0.68) | 1.72 | (3.41) |
| Age 55+ | −0.07 | (− 0.25) | 1.99 | (3.49) |
| Education mid | 0.02 | (0.07) | 0.50 | (0.96) |
| Education high | 0.19 | (0.77) | 0.59 | (1.01) |
| Income mid | 0.37 | (1.30) | −0.02 | (−0.03) |
| Income high | 0.48 | (1.33) | −0.41 | (− 0.61) |
| Region west | −0.35 | (− 1.27) | −1.01 | (− 2.32) |
| Region north | −0.12 | (−0.36) | −0.54 | (− 0.87) |
| Region east | −0.08 | (−0.28) | −0.38 | (− 0.91) |
| Region south | 0.00 | (0.01) | −1.18 | (− 2.40) |
| Sector comm. service | −0.28 | (− 1.20) | 0.19 | (0.39) |
| Sector publ. service | 0.73 | (3.10) | −0.12 | (− 0.25) |
| Intercept | −0.68 | (− 1.44) | 58.57 | (57.68) |
Notes: 1. Logit estimates: Employees ages 25-65, CentER panel, 815 observations. Dependent variable: dummy for perceived access to phased retirement with current employer. 2. OLS estimates: Employees ages 25-65, CentER panel, respondents with access to phased retirement at current employer; 393 observations. Dependent variable: perceived age at which phased retirement can start.