We analyze empirically the effects of urban agglomeration on Italian college graduates’ workpossibilities as entrepreneurs three years after graduation. We find that each 100,000inhabitant-increase in the size of the individual’s province of work reduces the chances ofbeing an entrepreneur...

Low-skilled workers do not fare well in today’s skill intensive economy and their opportunitiescontinue to diminish. Given that individuals in this challenging skill segment of the workforceare more likely to have poor experiences in the labor market, and hence incur greater publicexpenses, it...