What Drives Post-Retirement-Age Knowledge-Based Self-Employment? An Investigation of Social, Policy and Individual Factors

Ting Zhang

Chapter 5 in Entrepreneurship, Self-Employment and Retirement, 2015, pp 112-133 from Palgrave Macmillan

Abstract: Abstract Despite the collision of the recent large-scale economic downturn and the entrance of the first baby boomer cohort into wage-and-salary retirement ages, self-employment rates among older adults continue to be an important alternative to retirement in later life (Cahill, Giandrea, and Quinn 2013).1 The prevalence of self-employment increases substantially with age, both because self-employed people work longer and many wage-and-salary workers2 — that is, those working for others — turn to self-employment in later life. In fact, in the United States, approximately 18 per cent of employed persons over 65 are self-employed (Hippie 2010).

Keywords: Education Attainment; Socioemotional Selectivity Theory; Older Worker; Swedish Economic Policy Review; Employment Propensity (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-39839-0_6

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DOI: 10.1057/9781137398390_6

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