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

Gerontocracy in Motion?

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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