Table 2.

Estimation, probability of retirement

	Model 1	Model 2	Model 3	Model 4
Child-to-teacher ratio
Child-to-teacher ratio base	0.161	0.100	−0.006	−0.322
	(0.88)	(0.53)	(0.03)	(1.01)
Child-to-teacher ratio × post-2002	−0.007	0.066	0.169	0.265
	(0.02)	(0.24)	(0.61)	(0.69)
Child-to-teacher ratio × post-2005	−0.303	−0.279	−0.321	−0.323
	(1.08)	(1.03)	(1.15)	(0.78)
Child-to-teacher ratio × preschool	−0.171	−0.111	0.102	0.332
	(0.82)	(0.54)	(0.43)	(0.99)
Child-to-teacher ratio × preschool × post-2002	0.026	−0.041	−0.261	−0.257
	(0.08)	(0.14)	(0.87)	(0.64)
Child-to-teacher ratio × preschool × post-2005	0.379	0.329	0.391	0.300
	(1.26)	(1.18)	(1.33)	(0.70)
Health
Poor health		0.149**	−0.570	−1.241
		(2.22)	(0.55)	(1.10)
Poor health × preschool			2.752**	3.398**
			(2.00)	(2.30)
Poor health × post-2002			0.673	1.598
			(0.44)	(1.02)
Poor health × post-2005			−32.296	−192.427
			(0.78)	(1.24)
Poor health × post-2002 × preschool			−3.658*	−4.145**
			(1.86)	(2.07)
Poor health × post-2005 × preschool			35.319	189.144
			(0.83)	(1.21)
Interaction child-to-teacher ratio and poor health
Child-to-teacher ratio × poor health			0.296	0.584
			(0.78)	(1.40)
Child-to-teacher ratio × poor health × post-2002			−0.081	−0.423
			(0.15)	(0.75)
Child-to-teacher ratio × poor health × post-2005			10.651	64.788
			(0.76)	(1.46)
Child-to-teacher ratio × poor health × preschool			−0.711*	−0.972**
			(1.71)	(2.13)
Child-to-teacher ratio × poor health × preschool × post-2002			0.646	0.897
			(1.09)	(1.48)
Child-to-teacher ratio × poor health × preschool × post-2005			−10.948	−63.967
			(0.78)	(1.44)
Other working conditions
Share teachers			−0.598***	−0.783***
			(2.65)	(2.92)
Share ethnic minority parents				−0.123
				(0.49)
Share parents no education				0.488*
				(1.85)
Individual characteristics
Dummy preschool	0.717	0.619	−0.158	−0.508
	(0.99)	(0.62)	(0.20)	(0.50)
Preschool × post-2002	−0.314	−0.225	0.736	0.413
	(0.30)	(0.24)	(0.73)	(0.34)
Preschool × post-2005	−1.308	−1.127	−1.505	−1.093
	(1.30)	(1.23)	(1.55)	(0.81)
Partner dummy	0.387*	0.412***	0.176**	0.176**
	(1.91)	(3.69)	(2.27)	(2.19)
Partner retired			0.521***	0.421***
			(7.64)	(6.36)
Unemployment rate	0.067**	0.071***	0.064***	0.031*
	(2.17)	(3.31)	(3.83)	(1.78)
Trained teacher dummy	−0.087	0.057	0.098*	0.071
	(1.26)	(0.99)	(1.67)	(1.16)
Experience	0.511***	0.892***	0.884***	0.763***
	(2.98)	(6.57)	(9.61)	(8.33)
Number of grandchildren	0.041**	0.051***	0.047***	0.028*
	(2.06)	(3.24)	(3.37)	(1.96)
Compensation rate		1.276***	1.298***	1.028***
		(5.36)	(7.55)	(6.47)
Compensation rate missing		0.015	−0.027	0.061
		(0.15)	(0.28)	(0.56)
Constant	−3.564***	−5.706***	−4.914***	−3.407***
	(2.98)	(5.96)	(6.99)	(3.73)
Number of observations	7068	7068	7010	4686
Log likelihood	−4445	−4397	−4308	−2888

Note control for time dummies and age dummies (for piece-wise constant hazards) and t values in parentheses. Standard errors in models (1) and (2) are bootstrapped with 500 replications

* p < 0.10, ** p < 0.05, *** p < 0.01