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Table 4 Extended specification of matching model

From: Education and retirement: does University education at mid-age extend working life?

  MALES FEMALES
  49-54 55-60 61-66 p-value 49-54 55-60 61-66 p-value
Matching 1:1 .017 .035 .069 .000 .012 .029 .060 .000
Trim 10% .007 .023 .041 .016 .011 .028 .050 .000
Trim 20% .008 .017 .032 .032 .009 .022 .046 .000
Trim 30% .006 .004 .053 .001 .006 .011 .037 .004
Trim 40% .009 .029 .074 .000 .007 .021 .040 .004
Trim 50% .001 .008 .046 .017 .011 .022 .042 .005
Matching 4:1 .009 .016 .047 .000 .008 .018 .045 .000
Trim 10% .008 .024 .057 .000 .009 .024 .053 .000
Trim 20% .004 .018 .054 .000 .009 .021 .050 .000
Trim 30% .003 .020 .065 .000 .008 .015 .047 .000
Trim 40% .005 .024 .072 .000 .008 .012 .044 .000
Trim 50% .006 .022 .066 .000 .007 .006 .038 .002
  1. Average differences in survival rates at different ages, p-values refer to log-rank tests of no differences.
  2. Note: The extended model includes all variables of the baseline model but also balances treated and matched comparisons on nine possible transitions in labor force status 1990–1991, between employment, unemployment and outside the labor force (OLF). OLF is defined as annual earnings below SEK 20,000 (app. $3,000) and no transfers related to unemployment insurance. Also included are indicator variables of newly married or divorced in 1991 and 1992, changes in amounts of social insurance benefits 1990–1991 and 1991–1992.