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

TitleTransitions to Self-Employment at Older Ages: The Role of Wealth, Health, Health Insurance, and Other Factors
Publication TypeReport
Year of Publication2003
AuthorsZissimopoulos, JM, Karoly, LA
InstitutionRAND Working Paper
Call Numberwp_2003/Zissimo_KarolyWR135.pdf
KeywordsEmployment and Labor Force, Health Conditions and Status, Medicare/Medicaid/Health Insurance
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.

URLhttp://www.rand.org/publications/WR/WR135/WR135.pdf
Endnote Keywords

Self-Employment/Older Workers/Health/Health Insurance

Endnote ID

12412

Citation Key5569