Relying on Forbes Magazine annual rankings for two decades, 1625 billionaires and their countries of birth and residence are identified, most of whom are self-made entrepreneurs. 13 percent of billionaires reside in a country other than that of their birth. Migration is linked to distance, to...

We study the effect of taxation on entrepreneurship, taking into account both the amount of entry and the quality of new ventures. We show that even with risk neutral agents and no tax evasion progressive taxes can increase entrepreneurial entry, while reducing average firm quality. So called...

This paper discusses the problem of empirically measuring past trust. Today, the share of the population who generally trusts others ranges from 60-70 percent in Scandinavian countries to as low as 3-4 percent in countries like Colombia and the Philippines. The reasons why certain countries have...

A striking fact about entrepreneurship is that the number of male entrepreneurs greatly exceed the number of female entrepreneurs. We use detailed survey data from Sweden to study to what extent this gender gap can be explained by gender differences in personality. We show that women have...

1. Introduction -- 2. A Nation of Immigrants? -- 3. The Economics of Migration -- 4. A Moral Superpower -- 5. The Long Run -- 6. Smoldering Concrete -- 7. Inequality -- 8. Parallel Societies -- 9. Social Exclusion -- 10. Immigration and Causality -- 11. Law and Order -- 12. Immigration and Crime...

We study the effect of taxation on entrepreneurship, investigating how taxes affect both the number of start-ups and their average quality. We show theoretically that even with risk neutral agents and no tax evasion progressive taxes can increase entrepreneurial entry, while reducing average...