Table 6.
The effect of CSR | Without age restriction | With age restriction (52–61 years) | ||
---|---|---|---|---|
Pre-1994 | Post-1994 | Pre-1994 | Post-1994 | |
Acute health event | 0.076 (0.013) | 0.075 (0.008) | 0.078 (0.014) | 0.080 (0.009) |
R 2 | 0.198 | 0.114 | 0.197 | 0.125 |
No. of person-year observation | 43,681 | 210,712 | 38,597 | 171,303 |
The effect of subsidised jobs | Without age restriction | With age restriction (58–67 years) | ||
---|---|---|---|---|
Pre-1998 | Post-1998 | Pre-1998 | Post-1998 | |
Acute health event | 0.082 (0.008) | 0.033 (0.020) | 0.089 (0.012) | 0.031a (0.020) |
R 2 | 0.128 | 0.064 | 0.071 | 0.064 |
No. of person-year observations | 220,932 | 33,461 | 104,870 | 32,403 |
Controls for corporate social responsibility (CSR) and subsidised jobs, respectively, added. Regressions include dummies for chronic illness, accident, age, education, industry/occupation, year and wealth. Standard error in parentheses
aCoefficient not significant at a 10% level