New IZA Discussion Paper by Giovanni Peri, Massimo Anelli, Gaetano Basso and Giuseppe Ippedico

New research by GMC Executive Director Giovanni Peri and UC Davis past and current graduate students Massimo Anelli, Gaetano Basso and Giuseppe Ippedico shows that emigration deprives countries of origin of entrepreneurs and hence of the ability of creating new firms. Using recent data on a large wave of emigration from Italy, the authors show that this has reduced firm creation and innovative start up in areas where many people departed.

Read the entire paper here.