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Table 8 Sample characteristics

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

  Work beyond retirement
Women Men
No Yes Diff. No Yes Diff.
Employee characteristics prior to retirement
 Pension entitlements 790.119 (314.7) 696.246 (278.6) 93.872** (4.354) 1283.311 (414.2) 1183.442 (355.01) 99.869** (4.641)
 Estimated earnings (log) − 0.016 (0.982) 1.082 (0.593) 1.098** (0.013) 1.236 (0.618) 1.710 (0.498) 0.474** (0.007)
 Observed earnings (log)   2.352 (0.721)    2.520 (0.887)  
 Share of unemployment bridge path 0.258 (0.438) 0.159 (0.365) 0.099** (0.006) 0.409 (0.492) 0.250 (0.433) 0.160** (0.006)
 Share of partial retirement bridge path 0.136 (0.342) 0.045 (0.207) 0.091** (0.005) 0.223 (0.416) 0.109 (0.312) 0.114** (0.005)
 Manufacturing occupations 0.175 (0.380) 0.143 (0.350) 0.033** (0.006) 0.550 (0.498) 0.468 (0.499) 0.082** (0.006)
 Service occupations 0.308 (0.462) 0.356 (0.479) 0.048** (0.007) 0.188 (0.390) 0.289 (0.453) 0.101** (0.005)
 Administrative occupations 0.517 (0.500) 0.502 (0.500) 0.015* (0.007) 0.262 (0.440) 0.244 (0.429) 0.019** (0.005)
 Accumulated labor market gaps prior to age 65 in months 32.777 (25.380) 4.309 (13.736) 28.468** (0.332) 19.575 (22.322) 3.438 (11.382) 16.137** (0.236)
Characteristics of last employer prior to retirement
 Firm size 681.909 (2400.6) 366.367 (1549.8) 315.5* (31.885) 1788.5 (5732.3) 952.760 (4163.6) 835.7** (62.703)
 Mean imputed earnings of all full-time employees 89.652 (33.863) 80.465 (32.472) 9.188** (0.475) 108.250 (44.180) 96.706 (38.056) 12.54** (0.495)
 Share of highly qualified employees 0.116 (0.162) 0.088 (0.145) 0.029** (0.002) 0.131 (0.161) 0.098 (0.144) 0.033** (0.002)
 Share of employees in partial retirement 0.015 (0.038) 0.008 (0.028) 0.007** (0.0005) 0.022 (0.045) 0.015 (0.043) 0.007** (0.0005)
 Share of employees aged of 55 to 59 0.133 (0.135) 0.120 (0.134) 0.012** (0.002) 0.121 (0.110) 0.113 (0.110) 0.008** (0.001)
 Share of employees aged of 60 to 64 0.059 (0.105) 0.083 (0.137) 0.024** (0.002) 0.057 (0.098) 0.077 (0.123) 0.020** (0.001)
 Share of employees aged 65 and older 0.012 (0.039) 0.032 (0.081) 0.020 (0.0007) 0.009 (0.036) 0.028 (0.078) 0.020** (0.0005)
 N 24,511 6273 30,784 35,338 9549 44,887
  1. Mean is given for continuous variables. Standard deviations of the continuous variables and standard errors for the mean value differences are given in parentheses. Data: SIAB 7514