Simulated robustness test: Exclusion of borderline grip strength observations (FE-IV estimates)
| Panel A | First stage | Second stage |
|---|---|---|
| Retirement | 1.024*** (0.392) | |
| State pension age eligibility | 0.158*** (0.004) | |
| F-statistics | 1187.32 | |
| Observations | 114,782 | |
| Individuals | 37,920 | |
| Panel A | First stage | Second stage |
|---|---|---|
| Retirement | 1.024*** (0.392) | |
| State pension age eligibility | 0.158*** (0.004) | |
| F-statistics | 1187.32 | |
| Observations | 114,782 | |
| Individuals | 37,920 | |
| Panel B | First stage | Second stage |
|---|---|---|
| Log (retirement duration) | −2.487*** (0.874) | |
| Fist stage (log duration of being age eligible for state pension) | 0.091*** (0.015) | |
| F-statistics | 201.46 | |
| Observations | 114,782 | |
| Individuals | 37,920 | |
| Panel B | First stage | Second stage |
|---|---|---|
| Log (retirement duration) | −2.487*** (0.874) | |
| Fist stage (log duration of being age eligible for state pension) | 0.091*** (0.015) | |
| F-statistics | 201.46 | |
| Observations | 114,782 | |
| Individuals | 37,920 | |
Note(s): FE-IV estimates after excluding 10% of observations with within-hand grip strength differences between 18 and 20 kg. 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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