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Table 3 Probit model of likelihood of being retired by gender and age (marginal effects and standard errors)

From: Return migration and the age profile of retirement among immigrants

  (1) (2) (3)
  Men
Log emigration rate at retirement age (Age 65) -0.127** -0.064 -0.094**
(0.038) (0.041) (0.034)
Log emigration rate * |age-65| 0.009**   
(0.003)   
Log emigration rate * |age-65| if age < 65   -0.003  
  (0.005)  
Log emigration rate * |age-65| if age > 65   0.027**  
  (0.004)  
Log emigration rate * (2 < |age-65| < 5)    0.023**
   (0.007)
Log emigration rate * (|age-65| > 5)    0.054**
    (0.010)
P-Value on test of symmetric age effect   0.000  
Pseudo R-squared 0.599 0.605 0.600
Observations 4,055 4,055 4,055
  Women
Log emigration rate at retirement age (Age 63) -0.084* -0.061 -0.053
(0.036) (0.041) (0.036)
Log emigration rate * |age-63| 0.007**   
(0.002)   
Log emigration rate * |age-63| if age < 63   0.003  
  (0.003)  
Log emigration rate * |age-63| if age > 63   0.016**  
  (0.005)  
Log emigration rate * (2 < |age-63| < 5)    0.011
   (0.011)
Log emigration rate * (|age-63| > 5)    0.037**
    (0.011)
P-Value on test of symmetric age effect   0.041  
Pseudo R-squared 0.587 0.588 0.588
Observations 3,743 3,743 3,743
  1. Note: Robust standard errors in parentheses that allow for clustering for at the disaggregate country level which includes accounting for clustering of individuals across time. ** p < 0.01, * p < 0.05, + p < 0.1. All regressions include controls for individual and household characteristics and the year of observation.