Health and disability insurance

Journal for Labour Market Research

Table 2 Regression results

Variable	Linear	t-stat	Probit	t-stat	Logit	t-stat
Gender	−0.0242	−6.2	−0.1696	−5.6	−0.3228	−5.5
Age	0.0007	0.5	0.0072	0.7	0.0131	0.6
Age_50	0.0166	0.6	0.1148	0.5	0.1789	0.4
Age_55	0.0076	0.4	0.0406	0.3	0.0906	0.3
Age_60	0.0152	1.1	0.1016	1.0	0.1947	1.0
Age_65	0.0197	2.2	0.1438	2.1	0.2773	2.1
Self-reported health	0.0563	29.0	0.4301	27.4	0.8579	27.4
CES-D (Sum)	0.0153	9.5	0.0791	7.2	0.1465	7.1
ADL (Sum)	0.0445	13.2	0.1381	7.5	0.2197	6.7
IADL (Sum)	0.0364	8.0	0.1145	4.6	0.1907	4.2
Coverage	0.0467	11.2	0.3426	10.6	0.6583	10.5
Minimum disability level	0.0149	7.4	0.1154	6.5	0.2317	6.4
Benefit generosity	−0.0180	−7.3	−0.1648	−8.3	−0.3115	−7.9
Medical assessment	−0.0088	−3.7	−0.0849	−4.6	−0.1587	−4.4
Vocational assessment	−0.0136	−4.7	−0.1591	−6.4	−0.3266	−6.6
Constant	−0.2255	−2.4	−3.6933	−5.1	−6.9566	−5.0
R-squared		13.1%		19.9%		19.8%

Note: Based on 18 434 individuals aged 50 through 65 interviewed in SHARE 2004, ELSA 2004 and HRS 2004. Börsch-Supan (2005)