|
Women
|
Men
|
---|
Observations
|
30,784
|
44,887
| | | | | | |
Censored observations
|
24,511
|
35,338
| | | | | | |
Uncensored observations
|
6273
|
9549
| | | | | | |
Log likelihood
|
− 11,791
|
− 19,581
| | | | | | |
χ2 (9)
|
7545.47
|
7300.83
| | | | | | |
Prob > χ2:
|
0.2424
|
0.000
| | | | | | |
|
Labour force participation
|
Log wage
|
Labour force participation
|
Log wage
|
---|
Coef.
|
SE
|
Coef.
|
SE
|
---|
Constant
|
1.292**
|
0.176
|
− 0.637**
|
0.201
|
1.186**
|
0.0171
|
− 1.320**
|
0.211
|
No degree
|
Ref.
|
Ref.
|
Ref.
|
Ref.
|
Ref.
|
Ref.
|
Ref.
|
Ref.
|
Vocational training
|
0.227**
|
0.027
|
0.231**
|
0.041
|
0.378**
|
0.028
|
0.231**
|
0.043
|
University degree
|
0.043
|
0.049
|
0.351**
|
0.062
|
0.149**
|
0.034
|
0.566**
|
0.046
|
Manufacturing occupations
|
Ref.
|
Ref.
|
Ref.
|
Ref.
|
Ref.
|
Ref.
|
Ref.
|
Ref.
|
Service occupations
|
0.228**
|
0.029
|
0.261**
|
0.046
|
0.253**
|
0.018
|
0.223**
|
0.029
|
Administrative occupations
|
0.096**
|
0.028
|
0.239**
|
0.037
|
0.073**
|
0.018
|
0.198**
|
0.023
|
Acc. labor market gaps until 65 in months
|
− 0.033**
|
0.0006
|
− 0.035**
|
0.004
|
− 0.031**
|
0.0005
|
− 0.022**
|
0.002
|
Pension entitlements (log)
|
− 0.275**
|
0.025
| | |
− 0.494**
|
0.024
| | |
Lambda
| | |
1.205**
|
0.157
| | |
0.705**
|
0.084
|
Hausman test
|
Chi2 (8)
|
57.73
|
69.00
|
Prob > chi2:
|
0.0000
|
0.0000
|
- In both equations, year of employment exit prior to the age of 65 is controlled for. SE: standard error. Data: SIAB 7514
- *p < 0.05
- **p < 0.01