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Self-employment and life satisfaction among the elderly: survey based evidence from Sweden
Linnaeus University, School of Business and Economics, Department of Economics and Statistics. (Linnaeus University Centre for Discrimination and Integration Studies)
Linnaeus University, School of Business and Economics, Department of Economics and Statistics. (Linnaeus University Centre for Discrimination and Integration Studies)ORCID iD: 0000-0002-0702-5564
2018 (English)In: Paper presented at the 58th ERSA Congress “Places for People: Innovative, Inclusive and liveable Regions”, Cork, Ireland, August, 28-31, 2018, The European Regional Science Association (ERSA) , 2018Conference paper, Published paper (Refereed)
Abstract [en]

This paper compares life satisfaction among the elderly (61 years of age or older) who are self-employed, wage-employed or out of the labour force in Sweden with the help of a unique survey. Sweden is interesting since the share of elderly, just as in other countries, has increased during the last decade. Encouraging the elderly to remain in the labour force is now high on the political agenda. We find that people who are self-employed report higher life satisfaction than people who are wage-employed or out of the labour force. General health is a strong determinant of life satisfaction but the differences among the groups remain when we control for health related variables. Further, the self-employed report higher job satisfaction than the wage-employed, and find their work less mentally stressful. Even though our results are driven by different types of selection, we conclude that they underline the need for a flexible working life. Stimulating self-employment among older people may be an effective way to improve their life satisfaction, to increase Sweden’s labour supply and to keep older people in the labour force.

Place, publisher, year, edition, pages
The European Regional Science Association (ERSA) , 2018.
National Category
Economics
Research subject
Economy, Economics
Identifiers
URN: urn:nbn:se:lnu:diva-77590OAI: oai:DiVA.org:lnu-77590DiVA, id: diva2:1245789
Conference
58th ERSA Congress “Places for People: Innovative, Inclusive and liveable Regions”, Cork, Ireland, August, 28-31, 2018
Funder
The Kamprad Family Foundation, 2013-2002Available from: 2018-09-06 Created: 2018-09-06 Last updated: 2019-06-13Bibliographically approved

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Hammarstedt, MatsAldén, Lina

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CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • harvard1
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf