‘Fifty is the new thirty’: ageing well and start-up activities

Abstract

This article examines the impact of ageing well on the employment behaviour of ageing workers. We focus on start-up activities because doing so circumvents potential constraints on labour market participation imposed by statutory retirement and employer practices. Using Finnish survey data, we find a positive and significant relationship between ageing well and the likelihood of engaging in start-up activities for individuals in their late forties and throughout their fifties.

Keywords:

• age
• employment
• business start-up
• subjective age

JEL Classification:

• J14
• J24
• M13