Table 3 Marginal effects in Probit estimations on being in the labour force, 65–69 years old, separately for men and women, SHARE W5, Denmark, Germany and Sweden

65 years

0.194***

(6.49)

0.241***

(8.80)

0.281***

(10.92)

0.123***

(5.41)

0.031***

(2.16)

0.208***

(11.19)

66 years

0.067***

(2.03)

0.176***

(6.21)

0.147***

(5.35)

0.063***

(2.71)

0.015

(1.00)

0.050***

(2.33)

67 years

0.060**

(1.94)

0.113***

(3.83)

0.093***

(3.41)

0.033

(1.33)

−0.034**

(−1.70)

0.055***

(2.69)

68 years

0.038

(1.10)

0.094***

(2.89)

0.123***

(4.53)

0.047**

(1.96)

0.019

(1.05)

0.063***

(3.05)

Educ_low

−0.003

(−0.12)

0.042**

(1.81)

−0.055***

(−3.05)

0.037***

(2.45)

0.012

(0.78)

−0.038***

(−2.61)

Educ_high

0.044**

(1.89)

0.047***

(3.70)

−0.004

(−0.25)

0.093***

(5.96)

0.040***

(3.60)

0.030***

(2.46)

Self-assessed health

−0.037***

(−4.14)

−0.055***

(−8.87)

−0.027***

(−3.87)

−0.031***

(−5.01)

−0.026***

(−4.89)

−0.024***

(−4.79)

Pseudo R²

0.040

0.21

0.087

0.103

0.088

0.162

No. of obs

1765

2000

2273

1816

1935

2760