When possible income tax reforms are debated, the suspected impact on entrepreneurship is often used as an argument in … entrepreneurship based on microeconometric research have not been provided by the literature, however. This paper estimates the ex …

hypotheses, we use household survey panel data for Germany eliciting the personal wealth composition in detail in 2002, 2007, and … into entrepreneurship, we use changes in entry regulation into skilled trades. Estimation results are consistent with the …

entrepreneurship empirically by means of investments made by active owners of closely held firms. Using detailed Swedish tax data, we …