In the large literature on firm performance, economists have given little attention to entrepreneurs. We use deaths of … performance. Using longitudinal data, we find large and sustained effects of entrepreneurs at all levels of the performance … suggest that an often overlooked factor - individual entrepreneurs - plays a large role in affecting firm performance. …

This paper explores how the specification of the earnings function impacts the optimal tax treatment of human capital … and ability in the earnings function. With linear taxes, education should also feature a constant elasticity in a weakly … separable earnings function. …

This paper bolsters Prescott’s (2004) claim that high taxes are responsible for lacklustre labor market performance in …