Showing 1 - 10 of 72
answer such a general question. Indeed, the question is poorly phrased. The relationship between income and wealth … distribution, on one hand, and efficiency/growth, on the other, depends on how a certain distribution of income and wealth has come …
Persistent link: https://www.econbiz.de/10010699977
answer such a general question. Indeed, the question is poorly phrased. The relationship between income and wealth … distribution, on one hand, and efficiency/growth, on the other, depends on how a certain distribution of income and wealth has come …
Persistent link: https://www.econbiz.de/10005486491
No abstract.
Persistent link: https://www.econbiz.de/10010818334
We use administrative data on Swedish lottery players to estimate the causal impact of wealth on players' own health … assigned. In adults, we find no evidence that wealth impacts mortality or health care utilization, with the possible exception … mortality one sixth as large the cross-sectional gradient. In our intergenerational analyses, we find that wealth increases …
Persistent link: https://www.econbiz.de/10011199855
-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 …
Persistent link: https://www.econbiz.de/10011019055
It is frequently argued that policymakers should target high-tech firms, i.e., firms with high R&D intensity, because such firms are considered more innovative and therefore potential fast-growers. This argument relies on the assumption that the association among high-tech status, innovativeness...
Persistent link: https://www.econbiz.de/10011211884
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 …
Persistent link: https://www.econbiz.de/10005082489
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 …
Persistent link: https://www.econbiz.de/10005025459
We construct a model where incumbents can either acquire basic innovations from entrepreneurs, or wait and acquire developed innovations from entrepreneurial firms supported by venture capitalists. We show that venture-backed entrepreneurial firms have an incentive to overinvest in development...
Persistent link: https://www.econbiz.de/10005025461
This paper makes use of individual data for 2004 to 2008 on owners of closely-held businesses in Sweden to estimate the role of both tax and non-tax determinants in the choice to be a closely-held corporation vs. a proprietorship. While lower-income individuals face relatively neutral...
Persistent link: https://www.econbiz.de/10010539860