and human capital, by preference heterogeneity, by rate of return heterogeneity, by entrepreneurship, by richer earnings … processes, and by medical expenses. It concludes that the transmission of bequests and human capital, entrepreneurship, and …

"Entrepreneurship is a key determinant of investment, saving, and wealth inequality. We study the aggregate and …

"This paper demonstrates that levels of entrepreneurship can be greatly affected by the general policy environment …. Using a state-level panel, we estimate the effects of several policy variables on rates of entrepreneurship and find that … bankruptcy exemptions, corporate tax rates, and the level of the minimum wage all affect a state's rate of entrepreneurship. For …