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Inheritance taxes may induce heirs to discontinue family firms. Because firm dissolution incurs transaction costs, a preferential tax treatment of transferred family businesses seems to be desirable from a macroeconomic viewpoint. The support of dynastic succession, however, entails also a cost...
Persistent link: https://www.econbiz.de/10012766594
implement them. Both of these knowledge-based elements of innovation can be attained through moderate labor force turnover in …Keeping up with rapid technological change necessitates constant innovation. Successful innovation depends on both … incumbent workers' knowledge, based on experience, and knowledge about the latest technologies, along with the skills needed to …
Persistent link: https://www.econbiz.de/10013316553
Computers are an important part of modern education, yet large segments of the population – especially low-income and minority children – lack access to a computer at home. Does this impede educational achievement? We test this hypothesis by conducting the largest-ever field experiment...
Persistent link: https://www.econbiz.de/10013086036
This paper suggests that societies exhibiting a large degree of educational polarization among its populace are systematically more likely to slip into civil conflict and civil war. Intuitively, political preferences and beliefs of highly educated citizens are likely to differ fundamentally from...
Persistent link: https://www.econbiz.de/10012964049
Using birth certificates matched to schooling records for Florida children born 1992 – 2002, we assess whether family disadvantage disproportionately impedes the pre-market development of boys. We find that, relative to their sisters, boys born to disadvantaged families have higher rates of...
Persistent link: https://www.econbiz.de/10012988233
In this study, I provide evidence that the educational achievement of second-generation immigrants in German-speaking Switzerland is greater than in Germany. The impact of the first-generation immigrants' destination decision on their offspring's educational achievement seems to be much more...
Persistent link: https://www.econbiz.de/10013044666
Persistent link: https://www.econbiz.de/10003030717
When information about the true abilities of job-seekers and applicants are hard to get, statistical discrimination by employers can be an efficient strategy in the hiring and wage setting process. But statistical discrimination can induce costs, if labor relations cannot be terminated in the...
Persistent link: https://www.econbiz.de/10013130101
We investigate the effects of two reforms of temporary employment using panel data on Italian firms. We exploit variation in their implementation across regions and sectors for identification. We find that the reform of apprenticeship contracts increased job turnover and induced the substitution...
Persistent link: https://www.econbiz.de/10013122251
While women's employment opportunities, relative wages, and the child quantity‐quality trade‐off have been studied as factors underlying historical fertility limitation, the role of parental education has received little attention. We combine Prussian county data from three censuses - 1816,...
Persistent link: https://www.econbiz.de/10013125696