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Correlational findings

Study Wetzel et al. (2016): study DE 2004

Public:
57-65 aged Germany, followed 6 years before to 8 years after retirement, 2004-2018
Survey name:
DE-SOEP combined waves
Sample:
Respondents:
N = 3361
Non Response:
Assessment:
Interview: face-to-face

Correlate

Authors's Label
Transition type of retirement
Our Classification
Distribution
N=1:2525, 0:836
number of observation=1:19750; 0:7947
Operationalization
Last labor market status to retirement
1. Direct transition: full-exit retirees who were in full-time employment
0. Indirect transition:  previously unemployed full-exit retirees who were employed at least until the age of 57

Observed Relation with Happiness

Happiness Measure Statistics Elaboration / Remarks O-SLW-c-sq-n-11-d DM = + Happiness at year of retirement by transition type
- Direct transition      7.22
- Indirect transition    6.79
Difference              +0.43