Retirement and Economic Behavior

By Henry J. Aaron; Gary Burtless | Go to book overview

Appendix B: Statistical Table

Table 8. Probit Regression of Probability of Denial Given Application in 1976-78
VariableEstimated
coefficient
Asymptotic
t-statistic
Mean
Constant -0.32 -0.73 . . .
Bed-or chair-ridden (0,1) 1.07 2.25 0.032
Male, not presently married (0,1) 0.036 0.24 0.234
Severely disabled (0,1) -0.785 - 3.67* 0.887
Occupationally disabled (0,1) 0.107 0.43 0.075
Race (white = 1) -0.179 -1.38 0.827
Missing spouse works (0,1) 0.045 0.30 0,329
Female, not presently working (0,1) 1.578 8.07* 0.084
Female, married (0,1) -1.921 -10.99* 0.098
South (0,1) 0.148 1.43 0.393
Age at application -0.009 - 1.57 43.4
Time to last application 0.011 1.43 3.55
Education -0.021 -1.31 9.63
Last applied 1978 (0,1) 1.268 8.35* 0.106
Last applied 1977 (0,1) 0.804 6.95* 0.318
Year applied missing (0,1) -0.291 -0.92 0.113
Respiratory (0,1) 0.102 0.82 0.234
Hardening arteries (0,1) -0.076 -0.47 0.155
High blood pressure (0,1) 0.191 1.70 0.347
Coronary disease, stroke (0,1) -0.338 -2.56* 0.253
Tumor(0,1) 0.043 0.20 0.055
Cancer (0,1) -0.218 -0.86 0.049
Stomach, liver trouble (0,1) 0.205 1.86 0.285
Kidney (0,1) -0.087 -0.46 0.084
Arthritis (0,1) 0.223 2.06* 0.408
Mental illness (0,1) -0.189 -1.70 0.326
Diabetes (0,1) -0.083 -0.49 0.103
Epileptic (0,1) -0.208 -0.77 0.041
Alcoholism, drug abuse (0,1) 0.494 1.82 0.022
Deaf (0,1) -0.350 -1.94* 0.117
Blind (0,1) 0.078 0.54 0.142
No legs (0,1) 0.215 0.45 0.014
No arms (0,1) 0.046 0.14 0.028
Bone stiffness, deformity (0,1) 0.013 0.11 0.262
Paralysis, other back (0,1) 0.067 0.64 0.378
Severe allergy (0,1) 0.219 1.08 0.058
Number of applications (0,1) 0.057 1.70 1.57
Spouse in labor force (0,1) 0.048 0.04 0.309
Walk, climb stairs (0,1) -0.422 -2.16* 0.308
Stand (0,1) 0.028 0.15 0.275
Sit (0,1) 0.184 1.01 0.092

-92-

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