Satisfaction guaranteed? Life satisfaction, institutional factors, and self-employment

Marcus T. Wolfe and Pankaj C. Patel

Journal of Business Venturing Insights, 2018, vol. 9, issue C, 45-52

Abstract: There has been a recent growing interest in the relationship between self-employment and life satisfaction. Using an institutional theory lens, in a multilevel model we test the association between shared prosperity and business freedom on life satisfaction reported by self-employed. Specifically, with increasing shared prosperity, self-employed individuals report higher life satisfaction. Furthermore, in countries with higher shared prosperity and greater business freedom, self-employed report a higher life satisfaction. We discuss the implications of our findings and provide future research directions into the link between life satisfaction, institutional factors, and self-employment.

Keywords: Economic freedom; Life satisfaction; Self-employment (search for similar items in EconPapers)
Date: 2018
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Citations: View citations in EconPapers (10)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:jobuve:v:9:y:2018:i:c:p:45-52

DOI: 10.1016/j.jbvi.2018.02.002

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