This paper studies wealth taxation in a heterogeneous agent economy with entrepreneurship. Entrepreneurs face borrowing …

employment or the outside option of self-employment/entrepreneurship. We also discuss countervailing incentives among the mixed …

entrepreneurship is introduced, where individuals can choose not to work, become entrepreneurs, or work in one of the two sectors … entrepreneurship in the United States. …

Cross-sectional tests of the Jack-of-All-Trades theory of entrepreneurship invariably conclude that accumulation of … balanced skill-mix across different fields of expertise stimulates entrepreneurship. Yet, none of these considers individual … entrepreneur. -- entrepreneurship ; occupational choice ; skills …

: the entrepreneurship rate and the fraction of small firms fall with per capita income across countries, while average firm … newly introduces the last three to the literature. It then proposes a simple theory of skill-biased change in …'s potential payoffs in working and in entrepreneurship. If some firms consistently benefit more from technological progress than …