Self-Employed and employees later in life: a comparative econometric analysis.

This study uses data from the SHARE survey, using regression models to explore the association between employment status and well-being in elderly individuals. The findings indicate that self-employed individuals have a reduced likelihood of experiencing mental diseases, a significant decrease in major mental illnesses, and a better self-perceived health compared to those who are employed by others. The identified results demonstrate the promising health advantages of self-employment. This has significance for the wider discussion on various work types and their influences on the well-being of individuals. The provided investigation can assist those who are contemplating self-employment, along with policymakers who aim to create a more advantageous work environment.