Gerontocracy in Motion? – European Cross-Country Evidence on the Labor Market Consequences of Population Ageing



Gerontocracy in Motion?

35


Appendix

Table 4

Description of Variables

Variable

Description

Employed

Dependent variable

1 if individual is regularly employed (15+ hours per week);

Age in age group below 30

0 otherwise

Individual characteristics

Age of individual in years, if the individual is younger than 30

Age squared in age group below 30

Squared age of individual, if the individual is younger than 30

Age in age group 30-55

Age of individual in years, if the individual is 30-55 years of age

Age squared in age group 30-55

Squared age of individual, if the individual is 30-55 years of age

Age in age group above 55

Age of individual in years, if the individual is older than 55

Age squared in age group above 55

Squared age of individual, if the individual is older than 55

Female

1 if individual is female; 0 otherwise

Medium education

1 if individual has a medium education degree, i.e. second stage of

Low Education

secondary education (ISCED 3); 0 otherwise

1 if individual has a low education degree, i.e. less than second stage

Disability

of secondary education (ISCED 0-2); 0 otherwise

1 if individual is has any chronic physical or mental health problem,

Relative own cohort size

illness or disability.; 0 otherwise

Variables measuring demographic change

Relative size of individual's cohort in per cent

Relative own cohort size squared

Squared relative size of individual's cohort

Share of highly educated in cohort

Share of highly educated individuals in own cohort in per cent

UK

Country indicators

1 if individual lives in the United Kingdom; 0 otherwise

Germany

1 if individual lives in Germany; 0 otherwise

Denmark

1 if individual lives in Denmark; 0 otherwise

The Netherlands

1 if individual lives in The Netherlands; 0 otherwise

Belgium

1 if individual lives in Belgium; 0 otherwise

France

1 if individual lives in France; 0 otherwise

Ireland

1 if individual lives in Ireland; 0 otherwise

Italy

1 if individual lives in Italy; 0 otherwise

Greece

1 if individual lives in Greece; 0 otherwise

Spain

1 if individual lives in Spain; 0 otherwise

Portugal

1 if individual lives in Portugal; 0 otherwise

Austria

1 if individual lives in Austria; 0 otherwise

Finland

1 if individual lives in Finland; 0 otherwise

Sweden

1 if individual lives in Sweden; 0 otherwise

RWI

ESSEN



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