How Do Entrepreneurial Portfolios Respond to Income Taxation?

Viktor Steiner, Frank Fossen, Ray Rees and Davud Rostam-Afschar

VfS Annual Conference 2017 (Vienna): Alternative Structures for Money and Banking from Verein für Socialpolitik / German Economic Association

Abstract: We investigate how comprehensive personal income taxes affect the portfolio share of personal wealth that entrepreneurs invest in their own business. Using detaild wealth information form waves 2002, 2007 and 2013 of the SOEP, we show that a fall in the tax rate may increase investment in risky entrepreneurial business equity at the intensive margin, but decrease entrepreneurial investment at the extensive margin.

Date: 2017
New Economics Papers: this item is included in nep-ent, nep-pbe and nep-pub
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Citations: View citations in EconPapers (2)

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https://www.econstor.eu/bitstream/10419/168302/1/VfS-2017-pid-3699.pdf (application/pdf)

Related works:
Working Paper: How Do Entrepreneurial Portfolios Respond to Income Taxation? (2017)
Working Paper: How Do Entrepreneurial Portfolios Respond to Income Taxation? (2017)
Working Paper: How do entrepreneurial portfolios respond to income taxation? (2017)
Working Paper: How do entrepreneurial portfolios respond to income taxation? (2017)
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:vfsc17:168302

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