Knocking on Heaven’s Door? Entrepreneurship, Firm Growth, and Health Risks
基于2000-2021年注册面板数据，研究发现企业家和雇佣CEO平均比社会经济背景相似的普通人更健康长寿，但企业家在任期间更易患病且寿命更短，且企业成长和销售骤降对两者的健康损害相当。
We examine the physical health consequences to entrepreneurs of firm growth and decline. Using register-based panel data (2000–2021), we find that entrepreneurs and hired CEOs are, on average, healthier and live longer than individuals from a socio-economically similar random sample from the general population. However, our findings also reveal that entrepreneurs are more likely to fall ill during their tenure and die younger than hired CEOs. Importantly, our findings demonstrate that both cumulative exposure to growth and episodic, rapid declines in sales and in the number of employees are equally taxing for entrepreneurs and hired CEOs.