(Migration And Labor supplY wheN culturE matterS) funded by the French National Research Agency (ANR, AAPG 2018) for 2019-2023. The objective of this project is to propose an encompassing framework suited to predict the future effects of migration on labor supply in the European Union, by employing complementary econometric tools used in research on the political economy of migration policy, the economics of culture, and the economics of the household and family formation.
(History of Italian Universities). The objective of this project is to develop and exploit to research purposes a unique register that maps and dates the establishment of higher education institutions at the faculty (field of study) level in Italy, the country with the longest history of university education. This dataset is used to analyse the multi-fold economic returns associated with the provision of higher education services.
Education Expansion, Skills and Labour Market Success
Project led by the Geneva School of Economics and Management (University of Geneva) and funded by the Swiss National Science Foundation (SNSF) for 2019-2023. The aim of the project is to combine the information available from HIU with the Italian sample of the Survey of Adult Skills (PIAAC) and analyze how the process of creation of skills and competences, determines the individual returns from higher education in terms of wages and employment probabilities.
Asset Protection and Legal Entities
It is a joint project by Chung, K., Lai, T. and Ng, T. and is funded by the Hong Kong Research Grant Council in 2021-2022. The project aims at understanding both theoretically and empirically why firms sometimes organize themselves in a complicated way (e.g. having many legal entities or having subsidiaries in offshore tax havens) and whether this strategy has to do with protecting their assets against litigation risk. The findings of this project can have implications about, e.g., how firms should allocate their physical and human capital in response to the changing external environment.
Opportunity Costs and the Local Effects of Migration
Funded by LEM in 2021-2022, this project is aimed at studying the differential effects of migration by suggesting a novel hypothesis that reconciles preexisting contradictory evidence of the effects of migrants on local communities. Our hypothesis relates the effects of migration to the migrants’ cost of not migrating (i.e. the opportunity cost of migration), and suggest that the consequences of migration vary depending on the migrants’ incentives to migrate. Migration is a key economic issue in current times. According to the United Nations, 258 million persons in the world are migrants, and the majority of them relocated from developing to developed countries. In recent years, this phenomenon has particularly affected European countries by increasing remarkably the share of migrants coming from less developed countries. This type of migration has received a great deal of attention and therefore has been studied by multiple academics. Despite of this, we are still lacking evidence about the relationship of the incentives to migrate and the consequences of migration, and there is also in-existent evidence about how migration affects less developed countries. In recent years, countries like Colombia, which has a much lower GDP per capita compared to Europe, have also experienced an equally big wave of migration that have remained mostly unstudied. The goal of this project is therefore to study it and relate it to the current migration crisis in Europe.