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Table 2 Linear regression model estimations for planned retirement age, pension variables: standard retirement age SRA and replacement rate RR

From: Determinants for the transition from work into retirement in Europe

 

M1a: total sample

M2a: male

M3a: female

M4a: EU15, rich

M5a: EU15, poor

M6a: new EU members

Female

−0.490*** (0.0431)

  

−0.493*** (0.0620)

0.459*** (0.0802)

−1.523*** (0.0977)

Married

−0.460*** (0.0399)

−0.117* (0.0571)

−0.726*** (0.0562)

−0.612*** (0.0540)

−0.391*** (0.0764)

−0.351*** (0.0851)

Medium education

−0.0369 (0.0416)

0.0596 (0.0544)

−0.213** (0.0653)

0.0808 (0.0618)

−0.110 (0.0740)

0.412*** (0.0990)

High education

0.224*** (0.0575)

0.0792 (0.0773)

0.276** (0.0881)

0.376*** (0.0782)

0.0924 (0.104)

1.188*** (0.168)

Large firm

−0.407*** (0.0371)

−0.466*** (0.0508)

−0.318*** (0.0542)

−0.285*** (0.0504)

−0.542*** (0.0734)

−0.242** (0.0761)

No firmsize

0.154* (0.0758)

0.149 (0.0892)

0.182 (0.140)

0.563*** (0.127)

−0.187 (0.106)

0.00472 (0.175)

Employee

−1.074*** (0.0680)

−1.032*** (0.0808)

−1.059*** (0.125)

−0.450*** (0.110)

−1.753*** (0.104)

−0.123 (0.146)

Part-time job

−0.395*** (0.0524)

−0.0858 (0.111)

−0.427*** (0.0610)

−0.268*** (0.0645)

−0.206 (0.115)

−0.152 (0.185)

Working conditions

−0.00822 (0.0395)

−0.0667 (0.0519)

0.0791 (0.0609)

0.128* (0.0558)

−0.0690 (0.0719)

−0.0628 (0.0825)

Large city

0.00212 (0.0410)

−0.00802 (0.0552)

−0.00281 (0.0612)

0.103 (0.0595)

−0.0200 (0.0780)

−0.156 (0.0849)

Medium city

−0.242*** (0.0432)

−0.353*** (0.0573)

−0.0895 (0.0657)

−0.309*** (0.0646)

−0.137 (0.0806)

−0.354*** (0.0834)

Agriculture

0.334*** (0.0826)

0.349*** (0.0987)

0.293* (0.149)

0.309* (0.142)

0.982*** (0.132)

−0.603*** (0.150)

Manufacturing

−0.0385 (0.0446)

0.0223 (0.0531)

−0.215** (0.0830)

0.0252 (0.0642)

−0.198* (0.0816)

−0.0939 (0.0854)

Personal services

0.0907* (0.0456)

0.146 (0.0756)

0.0142 (0.0584)

0.353*** (0.0610)

−0.120 (0.0846)

−0.372*** (0.108)

Blue collar worker

0.187*** (0.0459)

0.333*** (0.0607)

0.0442 (0.0740)

−0.00734 (0.0656)

0.247** (0.0840)

0.0263 (0.0914)

Intellectual worker

0.264*** (0.0501)

0.481*** (0.0676)

0.0214 (0.0761)

0.0912 (0.0653)

0.393*** (0.0940)

0.248 (0.129)

YEARSPNT

−0.0777*** (0.00291)

−0.109*** (0.00448)

−0.0603*** (0.00383)

−0.0330*** (0.00394)

−0.122*** (0.00477)

−0.0446*** (0.00988)

SRA

0.396*** (0.00856)

0.428*** (0.0150)

0.378*** (0.0106)

0.520*** (0.0218)

0.538*** (0.0164)

0.437*** (0.0247)

Replacement rate

−2.033*** (0.0970)

−2.346*** (0.129)

−1.738*** (0.148)

−2.231*** (0.124)

−3.147*** (0.211)

−1.339*** (0.366)

constant

2.497*** (0.558)

1.241 (0.976)

2.759*** (0.673)

−7.667*** (1.419)

−4.109*** (1.039)

−1.860 (1.519)

N

44,558

24,493

20,065

18,905

16,719

8,934

R 2

0.114

0.103

0.099

0.088

0.156

0.179

  1. Notes: Standard errors in parentheses. * p<0.05, ** p<0.01, *** p<0.001.