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Table 6 Extensive margin of labor supply for employees with low and high earnings before retirement

From: Money also is sunny in a retiree’s world: financial incentives and work after retirement

 

Earnings before retirement

Women

Men

Low earnings

High earnings

Low earnings

High earnings

Estimated ernings (log)

0.084 (0.045)

0.063 (0.039)

0.384** (0.129)

0.097 (0.110)

N

7441

7441

10.706

10,706

R2

0.365

0.273

0.283

0.171

  1. High earnings are defined as earnings from the last employment subject to social insurance contributions with earnings above the 75th percentile of all last earnings of employment subject to social insurance contributions. Low earnings are defined as earnings from the last employment subject to social insurance contributions with earnings less than 25th percentile of all last earnings of employment subject to social insurance contributions. List of covariates is the same as in Table 2. Standard errors in parentheses are computed by bootstrapping with 200 repetitions and clustered on the individual level. Data: SIAB 7514
  2. *p < 0.05
  3. **p < 0.01