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. Author manuscript; available in PMC: 2013 Feb 12.
Published in final edited form as: Am Econ Rev. 2011 May;101(3):40–44. doi: 10.1257/aer.101.3.40

Table 1.

Sustainable consumption and retirement age, by quintiles of percent change in sustainable consumption

Quintiles of percent change in sustainable consumption, (%ΔSCj) SCj ΔRj,SC08 ΔRj

Median Mean Median Mean Median Mean
1 (least negatively affected) 0.7 2.4 −0.02 −1.25 0 1.43
2 −0.2 −0.2 0.03 −0.06 0 1.52
3 −2.1 −2.5 0.62 0.81 0 1.59
4 −7.7 −7.5 1.95 3.69 1 2.01
5 (most negatively affected) −18.1 −21.0 7.08 8.61 0 1.25

Overall −2.2 −5.8 0.56 2.38 0 1.56

Notes: Figures above represent medians and means within each quintile of the distribution of percent change in sustainable consumption. The first two columns show the quintile-specific medians and means of percent changes in sustainable consumption. The third and fourth columns give the median and mean number of years by which respondents would have to delay retirement to maintain pre-crash sustainable consumption levels. The last two columns give the median and mean number of years by which respondents reported delaying retirement “as a result of the economic crisis.” Source: Author’s calculations based on CogEcon data.