Table 11 Impact of retirement duration...

Table 11

Impact of retirement duration on grip strength by region (FE-IV Estimates)

Variable	Individualistic countries		Collectivistic countries
Variable	Fist stage	Second stage	First stage	Second stage
Log (retirement duration)		0.229 (1.685)		--4.640*** (1.398)
Fist stage (log duration of being age eligible for state pension)	−0.198*** (0.028)		0.213*** (0.021)
Observations		36,815		27,001
Individuals		13,035		9,225
F-statistic (IV)		47.906		99.315

Variable	Individualistic countries		Collectivistic countries
Variable	Fist stage	Second stage	First stage	Second stage
Log (retirement duration)		0.229 (1.685)		--4.640*** (1.398)
Fist stage (log duration of being age eligible for state pension)	−0.198*** (0.028)		0.213*** (0.021)
Observations		36,815		27,001
Individuals		13,035		9,225
F-statistic (IV)		47.906		99.315

Note(s): Control variables: age, age squared, age cubed, education dummies, marital status dummies, income, Body weight 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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