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"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...
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Investigates the effects of marginal income tax ratesand bankruptcy exemptions on entrepreneurship rates. After a discussion ofspatial and temporal trends in United States entrepreneurship, an empiricalmodel is used to estimate state rates of entrepreneurship. A state-level paneldata set that...
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