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Entrepreneurship and mental health

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  • Kesavayuth, Dusanee
  • Zikos, Vasileios

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.

Suggested Citation

  • Kesavayuth, Dusanee & Zikos, Vasileios, 2025. "Entrepreneurship and mental health," Economics Letters, Elsevier, vol. 254(C).
    • Handle: RePEc:eee:ecolet:v:254:y:2025:i:c:s0165176525002538
    DOI: 10.1016/j.econlet.2025.112416
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    Keywords

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    JEL classification:

    • D10 - Microeconomics - - Household Behavior - - - General
    • I10 - Health, Education, and Welfare - - Health - - - General
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity

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