Wednesday, October 28, 2009
Tweet[IWS] RAND: SELF-EMPLOYMENT AMONG OLDER WORKERS: ASSISTANCE PROGRAMS, LIQUIDITY CONSTRAINTS & EMPLOYMENT PATTERNS [23 October 20009]
IWS Documented News Service
_______________________________
Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor---------------------- Stuart Basefsky
New York, NY 10016 -------------------------------Director, IWS News Bureau
________________________________________________________________________
RAND
[Dissertation]
Self-Employment among Older Workers: Assistance Programs, Liquidity Constraints and Employment Patterns [23 October 2009]
By: Qian Gu
http://www.rand.org/pubs/rgs_dissertations/RGSD252/
or
http://www.rand.org/pubs/rgs_dissertations/2009/RAND_RGSD252.pdf
[full-text, 145 pages]
Abstract:
Self-employment is an increasingly popular form of employment among older workers. The three papers in this dissertation expand our knowledge base of the self-employment experience at older ages. The first paper documents the largest public and private small business assistance programs in the United States and reviews the evaluation studies conducted on those programs. The second paper finds that workers with a lump-sum distribution option in their pension plans are 27 percent more likely to transition from wage and salary work to self-employment over a two-year period than those without such an option. The third paper compares the employment trajectories of those who are likely using self-employment as a retirement transition with those who are not and identifies the factors that contribute to older workers' survival in self-employment. The analysis indicates that around one-third of self-employed older workers survive six or more years in self-employment and that most of them do not expect to work for longer than six years when they enter self-employment.
Table of Contents
Abstract iii
Acknowledgements v
Table of Contents ... vii
List of Figures .. ix
List of Tables .... xi
Chapter 1 - Introduction .. ... 1
Background .. ..... 1
Literature .... . 3
Research Questions and Analytical Plan .... 6
Chapter 2 - Small Business Assistance Programs in the United States: An Analysis
of What They Are, How Well They Perform, and How We Can Learn More about
Them .. 8
Introduction ... 8
The Landscape of Small Business Assistance Programs ..... 13
Efforts to Evaluate Small Business Assistance Programs ... 24
Potential Data to Extend Existing Research ..... 38
Conclusion .... 44
Chapter 3 - Liquidity Constraints, Household Wealth, and Self-Employment: The
Case of Older Workers .. 57
Introduction .... 57
HRS Data and Descriptive Results ... 61
Household Wealth and Transition into Self-Employment ..... 64
Self-Employment Entry and Pension Cash-Out . 70
Conclusion ... 74
Chapter 4 - Employment Status Trajectories of Self-Employed Older Workers
.. 87
Introduction .... 87
Background .. .. 91
Data .. 93
Descriptive Analysis of Employment Trajectories .. 95
Intent of the Self-employment Entrance .. 98
Determinants of Self-Employment Survival .... 103
Conclusion . 107
Chapter 5 Conclusion and Discussion 119
Bibliography . 124
______________________________
This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.
Stuart Basefsky
Director, IWS News Bureau
Institute for Workplace Studies
Cornell/ILR School
16 E. 34th Street, 4th Floor
New York, NY 10016
Telephone: (607) 255-2703
Fax: (607) 255-9641
E-mail: smb6@cornell.edu
****************************************
_______________________________
Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor---------------------- Stuart Basefsky
New York, NY 10016 -------------------------------Director, IWS News Bureau
________________________________________________________________________
RAND
[Dissertation]
Self-Employment among Older Workers: Assistance Programs, Liquidity Constraints and Employment Patterns [23 October 2009]
By: Qian Gu
http://www.rand.org/pubs/rgs_dissertations/RGSD252/
or
http://www.rand.org/pubs/rgs_dissertations/2009/RAND_RGSD252.pdf
[full-text, 145 pages]
Abstract:
Self-employment is an increasingly popular form of employment among older workers. The three papers in this dissertation expand our knowledge base of the self-employment experience at older ages. The first paper documents the largest public and private small business assistance programs in the United States and reviews the evaluation studies conducted on those programs. The second paper finds that workers with a lump-sum distribution option in their pension plans are 27 percent more likely to transition from wage and salary work to self-employment over a two-year period than those without such an option. The third paper compares the employment trajectories of those who are likely using self-employment as a retirement transition with those who are not and identifies the factors that contribute to older workers' survival in self-employment. The analysis indicates that around one-third of self-employed older workers survive six or more years in self-employment and that most of them do not expect to work for longer than six years when they enter self-employment.
Table of Contents
Abstract iii
Acknowledgements v
Table of Contents ... vii
List of Figures .. ix
List of Tables .... xi
Chapter 1 - Introduction .. ... 1
Background .. ..... 1
Literature .... . 3
Research Questions and Analytical Plan .... 6
Chapter 2 - Small Business Assistance Programs in the United States: An Analysis
of What They Are, How Well They Perform, and How We Can Learn More about
Them .. 8
Introduction ... 8
The Landscape of Small Business Assistance Programs ..... 13
Efforts to Evaluate Small Business Assistance Programs ... 24
Potential Data to Extend Existing Research ..... 38
Conclusion .... 44
Chapter 3 - Liquidity Constraints, Household Wealth, and Self-Employment: The
Case of Older Workers .. 57
Introduction .... 57
HRS Data and Descriptive Results ... 61
Household Wealth and Transition into Self-Employment ..... 64
Self-Employment Entry and Pension Cash-Out . 70
Conclusion ... 74
Chapter 4 - Employment Status Trajectories of Self-Employed Older Workers
.. 87
Introduction .... 87
Background .. .. 91
Data .. 93
Descriptive Analysis of Employment Trajectories .. 95
Intent of the Self-employment Entrance .. 98
Determinants of Self-Employment Survival .... 103
Conclusion . 107
Chapter 5 Conclusion and Discussion 119
Bibliography . 124
______________________________
This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.
Stuart Basefsky
Director, IWS News Bureau
Institute for Workplace Studies
Cornell/ILR School
16 E. 34th Street, 4th Floor
New York, NY 10016
Telephone: (607) 255-2703
Fax: (607) 255-9641
E-mail: smb6@cornell.edu
****************************************
****************************************
Stuart Basefsky
Director, IWS News Bureau
Institute for Workplace Studies
Cornell/ILR School
16 E. 34th Street, 4th Floor
New York, NY 10016
Telephone: (607) 255-2703
Fax: (607) 255-9641
E-mail: smb6@cornell.edu
**************************************** # posted by SBasefsky : 11:11 AM
