We explore how involuntary and voluntary exits from self-employment affect life and health satisfaction. To that end, we use rich longitudinal data from the German Socio-Economic Panel from 1985 to 2017 and a difference-in-differences estimation. Our findings suggest that while transitioning...

We examine how economic institutions, measured by the Economic Freedom of the World (EFW) index, affect the relationship between capital — human, social, and financial — and opportunity-motivated entrepreneurship (OME). To do this, we develop a multi-level model that connects theories of...

We explore how involuntary and voluntary exits from self-employment affect life and health satisfaction. To that end, we use rich longitudinal data from the German Socio-Economic Panel from 1985 to 2017 and a difference-in-differences estimation. Our findings suggest that while transitioning...