How valuable is education for entrepreneurs’ performance as compared to employees’? What might explain any differences …? And does education affect peoples’ occupational choices accordingly? We answer these questions based on a large panel of … US labor force participants. We show that education affects peoples’ decisions to become an entrepreneur negatively. We …

entrepreneurship to farming. The education effect that separates workers into self-employment and wage employment is stronger for women …

ability has a stronger impact on entrepreneurial incomes than on wages. Entrepreneurs and employees benefit from different … sets of specific abilities: Language and clerical abilities have a stronger impact on wages, whereas mathematical, social …

We explore the relationship between import protection and the household distribution of income. We first develop a … general-equilibrium mapping from tariffs to household inequality measures. This also yields predictions for linkages between … tariffs, development level, and observed household inequality. Working with a new dataset, we then examine crosscountry …

deterioration in the relative wages of unskilled workers.This involves a model of North-Northintegration through either increased …

of the posterior distribution of the parameters of interest given the data. This may be permissible when the sample size … location model, which consists of a single observation on a univariate Gaussian distribution with unknown mean and known …

by 3.9% on average. Education enhances entrepreneurs' performance both directly - with a rate of return of 13.7% - and … education on entrepreneurs' performance is estimated to be 3.0 - 4.6%. …

imports within the US remained sizable. We argue that domestic transport costs shield local labor markets from globalization …

wages of less skilled natives and a small positive effecton the wages of high skilledworkers as new immigrants are less …