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Transitions to self-employment at older ages: The role of wealth, health, health insurance and other factors

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  • Zissimopoulos, Julie M.
  • Karoly, Lynn A.

Abstract

Relatively little research has been devoted to studying self-employment among older workers although they make up a disproportionate share of the self-employed workforce. This study uses 5 waves of panel data from the Health and Retirement Study to investigate the determinants of labor force transitions to self-employment at older ages. We estimate a multinomial logit model of transitions from wage and salary employment to self-employment, retirement or not working. Results are compared with those found in previous studies. New findings on the impact of health on transitions to self-employment are highlighted.

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Bibliographic Info

Article provided by Elsevier in its journal Labour Economics.

Volume (Year): 14 (2007)
Issue (Month): 2 (April)
Pages: 269-295

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Handle: RePEc:eee:labeco:v:14:y:2007:i:2:p:269-295

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Web page: http://www.elsevier.com/locate/labeco

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