This paper examines the similarity in the association between earnings of sons and fathers in Germany and the United States. It relaxes the log-linear functional form imposed in most studies of the intergenerational earnings association. Theory implies the relationship between earnings of...

The United States is often considered to be more free-wheeling and mobile than Germany; however, previous cross-national studies of income mobility find the oppositeis true. This paper investigates these surprising results and finds that they are confirmed when income mobility is measured by...

This paper analyzes how institutional differences affect university entrepreneurship. We focus on ownership of faculty inventions, and compare two institutional regimes; the US and Sweden. In the US, the Bayh-Dole Act gives universities the right to own inventions from publicly funded...

I investigate the effect of human capital on entrepreneurship using the National Longitudinal Survey of Youth - 1979. I find that individuals with higher measured intelligence and self-confidence are more likely to be entrepreneurs. Furthermore I present evidence suggesting that intelligence and...