Table 10 The impact of retirement on...

Table 10

The impact of retirement on grip strength by regions

Variable	Individualistic countries		Collectivistic countries
Variable	Fist stage	Second stage	First stage	Second stage
Retirement		1.642*** (0.530)		0.303 (0.421)
First stage (State pension age eligibility)	0.153*** (0.005)		0.232** (0.006)
Observations		82,410		65,080
Individuals		26,786		20,398
F-statistic (IV)		825.45		1628.77

Variable	Individualistic countries		Collectivistic countries
Variable	Fist stage	Second stage	First stage	Second stage
Retirement		1.642*** (0.530)		0.303 (0.421)
First stage (State pension age eligibility)	0.153*** (0.005)		0.232** (0.006)
Observations		82,410		65,080
Individuals		26,786		20,398
F-statistic (IV)		825.45		1628.77

Note(s): Control variables: age, age squared, age cubed, education dummies, marital status dummies, income, weight status dummies, IADL, ADL, cognitive functions, country, and wave dummies. Individualistic countries (Austria, Germany, Sweden, Denmark, Switzerland, Belgium) and collectivistic countries (Spain, Italy, France). Standard errors clustered at the individual level are reported in parentheses

***p < 0.01, **p < 0.05, *p < 0.1

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