Labor-Force Dynamics at Older Ages: Movements Into Self-Employment for Workers and Nonworkers.

TitleLabor-Force Dynamics at Older Ages: Movements Into Self-Employment for Workers and Nonworkers.
Publication TypeJournal Article
Year of Publication2009
AuthorsZissimopoulos, JM, Karoly, LA
Corporate AuthorsRAND Corporation
JournalRes Aging
Volume31
Issue1
Pagination89-111
Date Published2009 Jan
ISSN Number1552-7573
Abstract

Labor-market transitions toward the latter parts of workers' careers can be complex, with movement between jobs and classes of work and in and out of retirement. The authors analyzed factors associated with the labor-market transitions of older workers to self-employment from unemployment or disability, retirement, or wage and salary work using rich panel data from seven waves of the Health and Retirement Study (HRS). They found evidence that (prior) job characteristics and liquidity constraints are important predictors of movements to self-employment for workers and nonworkers, while risk aversion is a significant predictor only for workers.

URLhttps://www.ncbi.nlm.nih.gov/pubmed/23049149
DOI10.1177/0164027508324642
User Guide Notes

http://www.ncbi.nlm.nih.gov/pubmed/23049149?dopt=Abstract

Alternate JournalRes Aging
Citation Key10188
PubMed ID23049149
PubMed Central IDPMC3462163
Grant ListR01 AG025552 / AG / NIA NIH HHS / United States