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. Author manuscript; available in PMC: 2014 Apr 2.
Published in final edited form as: J Health Econ. 2010 Dec 1;30(1):77–86. doi: 10.1016/j.jhealeco.2010.11.002

Table 7.

Age gradient of the retirement effect.

Bad health
Health index
OLS IV OLS IV
Retired 57–59 0.1538*** (0.0174) −0.2505 (0.2468) 0.3832*** (0.0415) −0.6540 (0.6087)
Retired 60–64 0.0636*** (0.0219) −0.5415** (0.2060) 0.1737*** (0.0524) −1.5132*** (0.5081)
Retired 65–69 0.0078 (0.0382) −0.5671* (0.3434) 0.02512 (0.0912) −2.2850*** (0.8469)
Observations 5282 5282 5282 5282

Note: All regressions also include age, age squared, sector employment, marital status, educational attainment, number of children, household income, and country dummy variables. Standard errors in parentheses.

*

Significant at 10%.

**

Significant at 5%.

***

Significant at 1%.