This paper studies how population aging affects individuals’ choice between entrepreneurship and employment by enterprises. We develop a theoretical model where individuals are different in their entrepreneurial ability. A representative worker integrates the professional status of all workers...

We study the assimilation of ethnic minority individuals to the native labor market and the impact of integration policies on assimilation. In our model, ethnic individuals choose between 1. entrepreneurship, 2. assimilating to the native labor market, and 3. being employed by co-ethnic...