inheritance size - i.e., access to capital. A group of approximately 3,000 people were identified through US Internal Revenue … C business income tax form in 1985, but not in 1981. Analysis by inheritance size and individual characteristics finds … that the size of the inheritance has a significant impact both on an individual's decision to become an entrepreneur and on …

empirical strategy is to determine whether an individual's wealth affects the probability of becoming an entrepreneur, and the … size of the inheritance has a substantial effect on the probability of becoming an entrepreneur, and that conditional on … becoming an entrepreneur, the size of the inheritance has a statistically significant and quantitatively important effect on …

empirical strategy is to determine whether an individual's wealth affects the probability of becoming an entrepreneur, and the … size of the inheritance has a substantial effect on the probability of becoming an entrepreneur, and that conditional on … becoming an entrepreneur, the size of the inheritance has a statistically significant and quantitatively important effect on …

Using Danish administrative data, we estimate the impact of bequests on the level and inequality of wealth. We employ … an event study design where we follow the distribution of wealth over time of people who are 45-50 years old, and divide … the average post-bequest wealth 1-3 years after parental death and significantly affect wealth throughout the distribution …

represent transmission of mere consumption. In this paper, I exploit detailed wealth records from Denmark along with multi …In recent years, a vast literature has documented how yearly transmissions of wealth through inheritances constitute a …