We explore how involuntary and voluntary exits from self-employment affect life and health satisfaction. To that end …-employment exit) brings small improvements in health and life satisfaction, the negative psychological costs of business failure (i … this traumatic event. Our findings imply that policies encouraging entrepreneurship should also carefully consider the …

entrepreneurial well-being, in the form of job satisfaction, is significantly higher for those living in semi-urban locations … into self-employment experience higher job satisfaction than otherwise comparable individuals living in materially deprived … neighbourhoods, although the latter experience greater levels of life satisfaction following the switch. …