IZA Journal of European Labor Studies

Table 2 Probit: Marginal effects for having earnings > 25,000 DKK (3400 euro), 2006, 65–74 years old

From: To work, to retire – or both? Labor market activity after 60

	All		Men		Women
	Marg. effect	Z value	Marg. effect	Z value	Marg. effect	Z value
Gender	0.034***	38.14	-	-	-	-
Married	0.006***	7.05	0.017***	10.72	-0.003**	-3.04
Owner	0.013***	15.27	0.011***	7.74	0.013***	13.49
Other income	-0.023***	-8.86	-0.0181***	-5.33	-0.066***	-12.98
Pens_contr.	0.008***	9.20	0.011***	7.64	0.006***	6.18
Own bus.	-0.017***	-15.81	-0.020***	-11.68	-0.016***	-11.39
U_year_before	-0.011***	-44.79	-0.013***	-32.65	-0.009***	-31.21
Short educ	0.005***	5.83	0.000	0.13	0.010***	9.99
Medium educ.	0.004**	2.88	0.004	1.68	0.007***	4.53
Long educ.	0.034***	14.89	0.033***	10.25	0.052***	13.14
65 years	0.087***	26.50	0.120***	23.17	0.049***	12.85
66 years	0.076***	23.59	0.102***	20.07	0.046***	12.16
67 years	0.065***	20.94	0.091***	18.41	0.037***	10.17
68 years	0.055***	17.95	0.076***	15.70	0.032***	8.94
69 years	0.041***	13.96	0.059***	12.44	0.023***	6.67
70 years	0.033***	11.38	0.050***	10.79	0.015***	4.45
71 years	0.028***	9.52	0.043***	9.20	0.011**	3.47
72 years	0.019***	6.73	0.029***	6.25	0.010**	2.90
73 years	0.010**	3.37	0.013**	2.83	0.006	1.89
Pseudo R²		0.0805		0.0554		0.0882
No. of obs.		302159		163699		138460

Source: Own estimations on administrative register data. Inference: *** p<0.001; ** p<0.01.

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