Can educational institutions explain occupational choice between wage employment and entrepreneurship? This paper … is more likely to enter into entrepreneurship. In the theoretical model proposed, abilities are an outcome of talent and …

I investigate the effect of human capital on entrepreneurship using the National Longitudinal Survey of Youth - 1979. I … robust to controlling for selection into entrepreneurship and selection into college. …

. Using a dataset with over 24 million observations and more than 230,000 entries into entrepreneurship, we show that newly …

In contrast to previous efforts to model the individual’s movement from wage work into entrepreneurship, we consider …

-rational modes underlie both the erratic perturbations of entrepreneurship and the systematic waves of diffusion they initiate which … possible by financial intermediation. They imply asymmetric changes in individual welfare. The markets for entrepreneurship …

Taxation theory rarely takes entrepreneurship into consideration. We discuss how this omission affects conclusions … entrepreneurship often omitted by standard capital taxation theory are incorporated into the analysis. This includes the lack of a well …. When unique attributes of entrepreneurship are taken into account, some major conclusions of capital taxation models no …