This paper presents evidence that since 1980, relative to other immigrants, the earnings of Taiwanese immigrants have grown rapidly as they assimilate into the U.S. economy. Our estimates indicate that the rising returns to education, pre-migration experience and hours worked per week play...

We assess the relevance of formal education on the productivity of the self-employed and distinguish between opportunity entrepreneurs, who voluntarily pursue a business opportunity, and necessity entrepreneurs, who lack alternative employment options. We expect differences in the returns to...

We conduct a large-scale experiment in the labor market using more than 8,000 fictitious resumes to uncover the demand-side mechanisms behind the wage penalty for the self- employed. We find that self-employed individuals, compared to wage earners, are subject to adverse treatment across...