Table 2

Sensitivity analysis of grip strength inclusion thresholds (FE-IV estimates)

First stageSecond stageFirst stageSecond stage
Panel A≤15 kg ≤25 kg 
Retirement 1.003*** (0.401) 1.087*** (0.379)
 State pension age eligibility0.149*** (0.005) 0.161*** (0.379) 
Observations108,920132,450
Individuals35,61242,105
F-statistic (IV)1123.45124.88
Panel B
Log (retirement duration) −2.672*** (0.894) −2.431*** (0.842)
Log (duration of being age eligible for state pension)0.088*** (0.017) 0.093*** (0.016) 
Observations108,920132,450
Individuals35,61242,105
F-statistic (IV)198.76215.34

Note(s): FE-IV estimates using alternative inclusion thresholds for within-hand grip strength difference. Control variables include age, age squared, age cubed, education, marital status, income, body weight, IADL, ADL, cognitive functions, country, and wave dummies. Standard errors clustered at the individual level are shown in parentheses

***p < 0.01, **p < 0.05, *p < 0.1

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