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. Author manuscript; available in PMC: 2014 Aug 1.
Published in final edited form as: J Public Econ. 2013 Apr 29;104:40–51. doi: 10.1016/j.jpubeco.2013.04.007

Table B6.

Impact of Retiree Health Coverage on Probability of Turnover (Ages 40–49)

VARIABLES (1)
Age 40
(2)
Age 41
(3)
Age 42
(4)
Age 43
(5)
Age 44
(6)
Age 45
(7)
Age 46
(8)
Age 47
(9)
Age 48
(10)
Age 49
Access Only 0.007 (0.011) 0.013* (0.008) 0.001 (0.009) 0.003 (0.007) 0.005 (0.006) 0.002 (0.007) 0.004 (0.008) 0.004 (0.008) 0.008 (0.010) 0.012 (0.009)
Subsidy −0.006 (0.010) −0.001 (0.010) −0.009 (0.009) −0.002 (0.008) 0.001 (0.008) −0.005 (0.008) −0.005 (0.007) −0.004 (0.008) 0.000 (0.008) −0.000 (0.007)
No Coverage Turnover 0.112 0.104 0.110 0.104 0.098 0.099 0.094 0.093 0.089 0.087
***

p<0.01,

**

p<0.05,

*

p<0.1

Notes: Regression based on 389,710 observations. Coefficients are average marginal effects from logit model. Standard errors (clustered by firm) in parentheses. All regressions include age dummies, retiree health dummies, and their interactions, as well as controls for gender, years of service, years of service squared, firm turnover at age 57, firm size, DB and DC pension provision dummies, age-specific 2005 salary decile dummies, year dummies, and firm sector dummies.