Nikolova, Milena; Nikolaev, Boris N.; Popova, Olga - 2020
We explore how involuntary and voluntary exits from self-employment affect life and health satisfaction. To that end …-in-differences estimation. Our findings suggest that while transitioning from self-employment to salaried employment (i.e., a voluntary self …-employment exit) brings small improvements in health and life satisfaction, the negative psychological costs of business failure (i …