From: Retirement intentions in the presence of technological change: theory and evidence from France
Variables | (1) | (2) | (3) |
---|---|---|---|
Aggregated variables for workers aged 24-49 years | |||
Average probability of skill updating (T1) | 1.324** | -0.396 | -0.215 |
(0.680) | (0.964) | (0.955) | |
Average probability of a technical change (T2) | -0.803** | -0.719*** | |
(0.263) | (0.244) | ||
Interaction term (T1∗T2) | 4.942*** | 5.053*** | |
(1.905) | (1.74) | ||
Control variables | YES | YES | YES |
Occupation fixed effects | YES | YES | YES |
Industry fixed effects | YES | YES | YES |
Observations | 1159 | 1159 | 1159 |
Log pseudolikelihood | -911.79 | -926.44 | |
Pseudo R2 | 0.182 | 0.184 | 0.3524 |