Massimo Anelli

Position Title

Associate Professor

Department of Social and Political Sciences | Bocconi University

Massimo Anelli is currently an Associate Professor at Bocconi University. He received his Ph.D. in Economics from UC Davis in 2015. His research interests include Education, Migration, Peer Effects, Automation, Voting, Gender, and Fertility. In addition to his professorship at Bocconi University, Prof. Anelli was a Visiting Scholar at Princeton University.

Content by Massimo Anelli

Emigration and Entrepreneurial Drain

Author(s)

Massimo Anelli
Gaetano Basso
Giuseppe Ippedico
Giovanni Peri

Published in

American Economic Association

Publication Date

June 21, 2022

Emigration of young, highly educated individuals may deprive origin countries of entrepreneurs. We identify exogenous variation in emigration from Italy by interacting past diaspora networks and current economic pull factors in destination countries. We find that a one standard deviation increase in the emigration rate generates a 4.8% decline in firms creation in the local labor market of origin. An accounting exercise decomposes the estimated effect into four components: subtraction of individuals with average entrepreneurial propensity, selection of young and college-educated among emigrants, negative spillovers on firm creation and selection on unobservable characteristics positively associated with entrepreneurship.

Massimo Anelli

Position Title Associate Professor

Massimo Anelli's content

Emigration and Entrepreneurial Drain

Emigration and Entrepreneurial Drain

Anelli, Basso, Ippedico and Peri published in the AEJ Applied Economics

Massimo Anelli | Economic Consequences of Migrant Self-selection Based on Honesty

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

Position Title

Associate Professor