Journal article | Zeitschriftenartikel
The retirement behaviour of the self-employed in Britain
We analyse the retirement behaviour of older self-employed workers, using a life cycle framework and a multinomial logit model of dynamic employment and retirement choices. Using data from the two-wave Retirement Survey, we find that greater actual or potential earnings decrease the probability of retirement among the self-employed. In contrast to employees, none of gender, health or family circumstances appear to affect self-employed retirement decisions. The dynamic analysis reveals that relatively few employees and virtually no retirees switch into self-employment in later life. The switches that do occur are motivated less by attempts to use self-employment as a bridge job or `stepping stone' to full retirement, than by self-employment being a last resort for less affluent workers with job histories of weak attachment to the labour market. We compare self-employed and employee retirement behaviour, and discuss the policy implications of our results.
- Umfang
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Seite(n): 697-713
- Sprache
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Englisch
- Anmerkungen
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Status: Postprint; begutachtet (peer reviewed)
- Erschienen in
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Applied Economics, 39(6)
- Ereignis
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Geistige Schöpfung
- (wer)
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Parker, Simon C
- Ereignis
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Veröffentlichung
- (wann)
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2007
- DOI
- URN
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urn:nbn:de:0168-ssoar-239597
- Rechteinformation
-
GESIS - Leibniz-Institut für Sozialwissenschaften. Bibliothek Köln
- Letzte Aktualisierung
-
21.06.2024, 16:26 MESZ
Datenpartner
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Objekttyp
- Zeitschriftenartikel
Beteiligte
- Parker, Simon C
Entstanden
- 2007
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