Table 3 Estimation results two-limit tobit models with random effects: probabilities of delays in eligibility to AOW benefits and average retirement age

1.080

−5.126***

−0.031

−5.178***

(0.961)

(−4.738)

(−0.031)

(−5.286)

2.787***

2.486**

2.911***

2.516***

(2.717)

(2.490)

(3.207)

(2.812)

−1.149***

−0.996***

−0.199

−0.288

(−5.422)

(−4.861)

(−1.062)

(−1.569)

0.901***

0.938***

0.069

0.299*

(4.475)

(4.820)

(0.389)

(1.715)

2.252***

1.619**

1.730***

1.686***

(3.464)

(2.529)

(3.022)

(2.964)

13.845***

10.923**

12.917***

12.261***

(3.152)

(2.515)

(3.340)

(3.179)

16.189***

13.261***

13.122***

14.282***

(3.125)

(2.588)

(2.873)

(3.140)

4.218***

−0.146

3.655***

0.189

(3.505)

(−0.125)

(3.402)

(0.180)

5.262***

−1.509

4.895***

−2.066*

(4.282)

(−1.274)

(4.455)

(−1.930)

0.414

3.228**

0.119

2.277

(0.248)

(1.980)

(0.081)

(1.570)

4.886***

1.653

1.627

−0.162

(3.989)

(1.390)

(1.532)

(−0.154)

−0.103

1.429

−3.742**

−0.904

(−0.058)

(0.812)

(−2.377)

(−0.577)

1.392

−1.191

−2.181

−2.414*

(0.917)

(−0.799)

(−1.631)

(−1.817)

3.103*

1.723

2.483

2.987*

(1.738)

(0.971)

(1.599)

(1.915)

0.321

0.790

0.078

0.357

(0.317)

(0.797)

(0.087)

(0.403)

2.034**

1.276

1.215

0.515

(2.043)

(1.310)

(1.371)

(0.590)

3.864***

8.733***

2.429***

6.135***

(11.851)

(26.768)

(8.556)

(21.539)

74.730***

65.060***

57.091***

47.996***

(10.703)

(9.577)

(9.249)

(7.904)

3,807

3,806

3,810

3,810

36,646

36,611

36,653

36,640

0.479

0.434

0.488

0.454

26.504

25.299

24.131

23.261

27.641

28.840

24.731

25.502