NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH
loading...

Pathways to Retirement through Self-Employment

Shanthi Ramnath, John B. Shoven, Sita Nataraj Slavov

NBER Working Paper No. 23551
Issued in June 2017
NBER Program(s):Aging, Public Economics

We examine the role of self-employment in retirement transitions using a panel of administrative tax data. We find that the hazard of self-employment increases at popular retirement ages associated with Social Security eligibility, particularly for those with greater retirement wealth. Late-career transitions to self-employment are associated with a larger drop in income than similar mid-career transitions. Data from the Health and Retirement Study suggest that hours worked also fall upon switching to self-employment. These results suggest that self-employment at older ages may serve as a “bridge job,” allowing workers to gradually reduce hours and earnings along the pathway to retirement.

download in pdf format
   (5069 K)

email paper

The NBER Bulletin on Aging and Health provides summaries of publications like this.  You can sign up to receive the NBER Bulletin on Aging and Health by email.

Machine-readable bibliographic record - MARC, RIS, BibTeX

Document Object Identifier (DOI): 10.3386/w23551

Users who downloaded this paper also downloaded* these:
Aguiar, Bils, Charles, and Hurst w23552 Leisure Luxuries and the Labor Supply of Young Men
Anderson and Magruder w23544 Split-Sample Strategies for Avoiding False Discoveries
Cortes and Weidenmier w23554 Stock Volatility and the Great Depression
Mas and Pallais w22708 Valuing Alternative Work Arrangements
Jardim, Long, Plotnick, van Inwegen, Vigdor, and Wething w23532 Minimum Wage Increases, Wages, and Low-Wage Employment: Evidence from Seattle
 
Publications
Activities
Meetings
NBER Videos
Themes
Data
People
About

National Bureau of Economic Research, 1050 Massachusetts Ave., Cambridge, MA 02138; 617-868-3900; email: info@nber.org

Contact Us