Type of Content: Research

Subtype: Journal Article

Resource Title: Self-Employment Among Older Adults

Publication Title: Encyclopedia of Gerontology and Population Aging

Publish Date: May 27, 2019

“Statistics for older self-employed adults in several OECD countries are compared to outline three overarching issues. These include (1) the increasing share of the labor force that is self-employed with increasing age, (2) a gender gap in self-employment rates that is higher in older ages, and (3) the importance of social safety net benefits on older adults’ decisions to transition to self-employment. Future research should pay more attention to the various forms of self-employment in later life and compare self-employed older adults before and after traditional retirement age. Furthermore, scholars are encouraged to broaden their horizons to study self-employment in later life in a more diverse set of countries, including those from Asia, which are experiencing rapid rates of population aging.”

Self-Employment Among Older Adults