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age group age of 55 Århus assisting spouse Asymptotic Standard Errors censored cent COMP compensation rate competing risks model Danish decision to retire Denmark DURATION ANALYSIS duration models entry to PEW equality of coefficients Errors in Italics hazard function included indicator variable individuals aged 55 ISSN Labour Economics labour force participation labour market Lagged unemployment large number length of education likelihood function Likelihood Ratio Tests LOG LIKELIHOOD MANUF MARRIED master sample National Old Age Nina Smith NOJNF number of individuals Old Age Pension OTHER_W parameters participation rate Pedersen Peter Jensen positive duration dependence Post Employment Wage potential disposable income private pensions public pension Recipient of public retire early retirement decision self-employed or assisting SICK significant significantly negative effect significantly positive effect single risk model Social Pension spell spell-sample Supplementary benefit payments Table Test for equality University of Aarhus UNSKILLED Variable forsk Variable offyd WEALTH Weibull Specification