Accounting for Post-retirement lifestyle behaviour
| Panel A | First stage | Second stage |
|---|---|---|
| Retirement | 0.723*** (0.482) | |
| State pension age eligibility | 0.142*** (0.004) | |
| F-statistics | 1112.090 | |
| Panel B | First Stage | Second Stage |
| Log (retirement duration) | −2.653*** (0.821) | |
| Fist stage (log duration of being age eligible for state pension) | 0.216*** (0.014) | |
| F-statistics | 229.097 | |
| Panel A | First stage | Second stage |
|---|---|---|
| Retirement | 0.723*** (0.482) | |
| State pension age eligibility | 0.142*** (0.004) | |
| F-statistics | 1112.090 | |
| Panel B | First Stage | Second Stage |
| Log (retirement duration) | −2.653*** (0.821) | |
| Fist stage (log duration of being age eligible for state pension) | 0.216*** (0.014) | |
| F-statistics | 229.097 | |
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, Total night stayed in hospital, doctor visits, sport activities. Standard errors clustered at the individual level are reported in parentheses
***p < 0.01, **p < 0.05, *p < 0.1
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