The correlation between the socio-economic status of parents and their offspring has emerged as one of the stylized facts in economics, though cross-country and cross-occupation variation is remarkable. However, part of the underlying mechanism behind intergenerational persistence remains to be...

Participation in supplementary pension funds allows workers to exploit tax benefits and payroll employees to take advantage of employer contributions. The simulations reported in the paper show that these two components can considerably increase workers' retirement wealth. Data show that returns...

Why are skilled workers more mobile than average? What determines positive flows toward relatively poorer regions or states of a country? How can one explain the sharp decrease in the mobility rate observed within European countries notwithstanding persisten regional disparities. This paper aims...

In this paper we analyze the role played by self-confidence, modeled as beliefs about one�s ability, in shaping task choices. We propose a model in which fully rational agents exploit all the available information to update their beliefs using Bayes� rule, eventually learning their...

The paper provides an empirical investigation of labor market pooling. The analysis concentrates on Italian industrial districts and shows that there is fragmentary evidence of a widespread wage premium. In particular, there is no evidence of district differentials for the returns to seniority...