. Author manuscript; available in PMC: 2015 Mar 1.

Published in final edited form as: J Popul Ageing. 2014 Jan 24;7(1):21–41. doi: 10.1007/s12062-014-9094-7

Table 7.

Discrete Transition Models for Entry into Poverty

	Entry^†	IV-Entry^††
Age	−0.025^*** (0.006)	0.003 (0.009)
Age squared/100	0.022^*** (0.004)	0.004 (0.006)
Female	0.044^*** (0.01)	0.046^*** (0.01)
Married	−0.039^*** (0.009)	−0.040^*** (0.009)
Married^* Female	−0.047^*** (0.011)	−0.038^** (0.011)
College	−0.118^*** (0.007)	−0.130^*** (0.008)
High School	−0.066^*** (0.006)	−0.068^*** (0.006)
Retired	0.043^*** (0.007)	−0.095^** (0.035)
Unemployed	0.125^*** (0.018)	0.056^* (0.025)
Disability	0.051^*** (0.009)	0.057^*** (0.009)
Health cond.	−0.007 (0.006)	−0.001 (0.006)
Constant	0.483^* (0.194)	−0.416 (0.294)

N	22647	22647

Hansen test for IV models (see footnote 10)	χ² = 2.707	P-value = 0.0999

Source: SHARE, Wave 4, Release 1.0.0; Wave 2, Release 2.5.0; Wave 1, Release 2.5.0. Models control for country, wave, and birth cohort effects. Standard errors in parentheses.

p<0.10,

^**

p<0.05,

^***

p<0.01;

^†

Entry: discrete transition model;

^††

IV-Entry: discrete transition model with retirement instrumented