Psychological Capital and Entrepreneurship Sustainability

Capital Gains Taxation and Entrepreneurship

The taxation of capital gains is a perennial issue in tax policy. One critical aspect for understanding the overall effects of capital gains taxation is how these taxes affect entrepreneurs. While many analyses focus on the disincentive effects created by capital gains taxes for investors in large corporations, these disincentives may be even more important for entrepreneurs. This paper discuss...

Heterogeneous Capital, Entrepreneurship, and Economic Organization

Risk , Entrepreneurship and Human Capital Accumulation Murat

a important role in countries, human time professional may end up in a returns, or

Dinner Table Human Capital and Entrepreneurship

We document three new facts about entrepreneurship. First, a majority of male entrepreneurs start a firm in the same or a closely related industry as their fathers’ industry of employment. Second, this tendency is correlated with intelligence: higher-IQ entrepreneurs are less likely to follow their fathers. Third, an entrepreneur that starts a firm in the same 5-digit industry as where his fath...

PRELIMINARY DRAFT Capital Gains Taxation and Entrepreneurship

This draft is quite preliminary so I look forward to our meeting. For me, writing this draft has raised a number of questions about what institutional features of the tax system might explain why the Survey of Consumer Finance data indicates a large stock of unrealized capital gains on actively-managed businesses, but the capital gains on such businesses seem to be relatively modest in the Stat...