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Using a unique Italian dataset covering the period 2004-2020, we assess the immigrant-native gap in entrepreneurship and investigate channels behind it. The data allows us to account for many observable characteristics as well as for risk aversion, which is usually not observed, yet crucial for...
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employees and self-employed workers, unemployment rates and value added per capita account for more than half of the negative …
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skill-biased technological change necessarily result in rising unemployment or declining wages of low-skilled workers … compared with the United States - suggest that high unemployment is the price for insufficient wage flexibility. However, the … skill-biased technological change. In Japan, both unemployment and wage disparities remained low. The contrasting experience …
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