Transitions to Self-Employment at Older Ages: The Role of Wealth, Health, Health Insurance, and Other Factors

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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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Julie Zissimopoulos
Lynn A. Karoly

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Julie Margaretta Zissimopoulos

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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Paper provided by RAND Corporation Publications Department in its series Working Papers with number 135.

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Length: 58 pages
Date of creation: Dec 2003
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Handle: RePEc:ran:wpaper:135

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Article
- Zissimopoulos, Julie M. & Karoly, Lynn A., 2007. "Transitions to self-employment at older ages: The role of wealth, health, health insurance and other factors," Labour Economics, Elsevier, vol. 14(2), pages 269-295, April. [Downloadable!] (restricted)

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Other versions:
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Other versions:
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Other versions:
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Other versions:
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Full references

Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

Randall K. Q. Akee & David A. Jaeger & Konstantinos Tatsiramos, 2007. "The Persistence of Self-Employment Across Borders: New Evidence on Legal Immigrants to the United States," IZA Discussion Papers 3250, Institute for the Study of Labor (IZA). [Downloadable!]
Other versions:
- Randall Kekoa Quinones Akee & David A. Jaeger & Konstantinos Tatsiramos, 2007. "The Persistence of Self-Employment Across Borders: New Evidence on Legal Immigrants to the United States," Working Papers 69, Department of Economics, College of William and Mary. [Downloadable!]
- Randall Kekoa Quinones Akee & David A. Jaeger & Konstantinos Tatsiramos, 2007. "The Persistence of Self-Employment Across Borders: New Evidence on Legal Immigrants to the United States," CReAM Discussion Paper Series 0717, Centre for Research and Analysis of Migration (CReAM), Department of Economics, University College London. [Downloadable!]
Schanne, Norbert & Weyh, Antje, 2009. "What makes start-ups out of unemployment different?," IAB Discussion Paper 200904, Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany]. [Downloadable!]

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