Dependent variable | Retirement age | Retirement age (unit: years) |
Main explanatory variables | Has R.E. income | 1 if there is real estate income, 0 otherwise |
Log (R.E. income) | Logarithm of real estate income (unit: 10,000 won) |
Log (R.E. income ratio) | Logarithm of the ratio of real estate income to household income (unit: %) |
Income | Log (income) | Logarithm of household income (unit: 10,000 won) |
Age | 30s | 1 if you are in your 30s, 0 otherwise. |
40s | 1 if you are in your 40s, 0 otherwise. |
50s | 1 if you are in your 50s, 0 otherwise. |
60s | 1 if you are in your 60s, 0 otherwise. |
Working status | Wage worker | 1 if employee, 0 otherwise. |
Self-employed | 1 if self-employed, 0 otherwise |
Marital status | Single | 1 if never married, 0 otherwise |
Spouse | 1 if married and has a spouse, 0 otherwise |
Non-spouse | 1 if married but no spouse, 0 otherwise. |
Health status | Health | 1 if your health is very bad, 2 if it is bad, 3 if it is average, 4 if it is good, and 5 if it is very good. |
Education | No_high school | 1 if not graduate from high school, 0 otherwise |
High school | 1 if graduated from high school, 0 otherwise |
College | 1 if graduated from college, 0 otherwise |
Gender | Male | 1 if male, 0 if female |
Female | 1 if female, 0 if male |
Region | Seoul | 1 if live in Seoul, 0 otherwise |
Busan | 1 if live in Busan, 0 otherwise |
Daegu | 1 if live in Daegu, 0 otherwise |
Incheon | 1 if live in Incheon, 0 otherwise |
Gwangju | 1 if live in Gwangju, 0 otherwise |
Daejeon | 1 if live in Daejeon, 0 otherwise |
Ulsan | 1 if live in Ulsan, 0 otherwise |
Gyeonggi | 1 if live in Gyeonggi, 0 otherwise |
Gangwon | 1 if live in Gangwon, 0 otherwise |
Chungbuk | 1 if live in Chungbuk, 0 otherwise |
Chungnam | 1 if live in Chungnam, 0 otherwise |
Jeonbuk | 1 if live in Jeonbuk, 0 otherwise |
Jeonnam | 1 if live in Jeonnam, 0 otherwise |
Gyeongbuk | 1 if live in Gyeongbuk, 0 otherwise |
Gyeongnam | 1 if live in Gyeongnam, 0 otherwise |
Jeju | 1 if live in Jeju, 0 otherwise |
Sejong | 1 if live in Sejong, 0 otherwise |