This paper investigates the impact of unskilled workers' earnings on crime. Following the literature on wage inequality and skill-biased technological change, we employ CPS data to create state-year as well as state-year-and (broad) industry specific measures of skill-biased technological...

This paper empirically investigates the impact of willingness to take risks on the likelihood of being an entrepreneur. We use a quarter-century of data on second-generation Americans from Current Population Surveys in conjunction with country-level measures of willingness to take risks from the...

We propose a multi-country trade model with occupational choice, heterogeneous firms, and unemployment to analyze the effects of welfare-maximizing tariffs on welfare, jobs, and top incomes. Consistent with empirical evidence, the model features an employer size-wage premium, complete tariff...

This paper considers a world of symmetric countries with two factors of production and two sectors. Outputs of the two sectors are imperfect substitutes and the sectors differ in relative factor intensity. Each sector contains a continuum of heterogeneous firms that produce differentiated goods...