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While there is little doubt that the probability of poor health increases with age, and that less healthy people face a more difficult situation on the labour market, the precise relationship between facing the risks of health deterioration and labour market instability is not well understood....
Persistent link: https://www.econbiz.de/10011600839
While there is little doubt that the probability of poor health increases with age, and that less healthy people face a more difficult situation on the labour market, the precise relationship between facing the risks of health deterioration and labour market instability is not well understood....
Persistent link: https://www.econbiz.de/10005018699
We exploit the natural experiment of German reunification in 1990 to investigate if the institutional regimes of the formerly socialist (rather gender-equal) East Germany and the capitalist (rather gender-traditional) West Germany shaped different gender identity prescriptions of family...
Persistent link: https://www.econbiz.de/10011994656
Using the 41-year division of Germany as a natural experiment, we show that the GDR's gender-equal institutions created …
Persistent link: https://www.econbiz.de/10012009511
gender gap in math is due to social stereotypes; (2) institutions can durably modify these stereotypes. …
Persistent link: https://www.econbiz.de/10011936655
Do legal institutions affect norms of cooperation? Using the introduction of the Code Napoleon during the Napoleonic … Wars in Germany as a historical experiment, I show that a positive shock to the quality of legal institutions can increase … be a potential mechanism for the relationship between legal institutions and social capital. …
Persistent link: https://www.econbiz.de/10010317548
Evasive entrepreneurs innovate by circumventing or disrupting existing formal institutional frameworks by evading them. Since such evasions rarely go unnoticed, they usually lead to responses from lawmakers and regulators. We introduce a conceptual model to illustrate and map the interdependence...
Persistent link: https://www.econbiz.de/10011420647
One response to uncertainty and transactions costs in VC-finance is to compensate founders (and other key personnel) with stock options under complex contracts. Entrepreneurs are granted stock options contingent on firm performance, vesting and other criteria. While most countries tax stock...
Persistent link: https://www.econbiz.de/10011420651
In some classes of models, taxes at the owner level are "neutral" and have no effect on firm activity. However, this tax neutrality is sensitive to assumptions and no longer holds in more complex models. We review recent research that incorporates greater complexity in studying the link between...
Persistent link: https://www.econbiz.de/10011343003
This study estimates the impact of financial deregulation on top income shares. Using the novel econometric method of constructing synthetic control groups, we show that the "Big Bang"-deregulations in the United Kingdom in 1986 and Japan 1997-1999 increased the share of pre-tax incomes going to...
Persistent link: https://www.econbiz.de/10011436654