Entrepreneurship and mental health

Dusanee Kesavayuth and Vasileios Zikos

Economics Letters, 2025, vol. 254, issue C

Abstract: We examine the impact of mental health on the propensity for entrepreneurship. To measure entrepreneurship, we use various indicators of self-employment. Our preferred estimates, which rely on selection along observable characteristics to reveal unobservable selection, suggest that an increase in mental health leads to a higher probability of self-employment. Our results highlight the important role mental health plays in influencing entrepreneurial propensity.

Keywords: Mental health; Entrepreneurship; Well-being; HILDA (search for similar items in EconPapers)
JEL-codes: D10 I10 J24 (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:254:y:2025:i:c:s0165176525002538

DOI: 10.1016/j.econlet.2025.112416

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