Showing 1 - 10 of 191
Strong intergenerational associations in wealth have fueled a longstanding debate over why children of wealthy parents tend to be well off themselves. We investigate the role of family background in determining children's wealth accumulation and investor behavior as adults. The analysis is made...
Persistent link: https://www.econbiz.de/10012919007
This paper studies the association between the unemployment experience of fathers and their sons. Based on German survey data that cover the last decades we find significant positive correlations. Using instrumental variables estimation and the Gottschalk (1996) method we investigate to what...
Persistent link: https://www.econbiz.de/10010948863
We review the empirical literature that estimates the causal effect of parent’s schooling on child’s schooling, and conclude that estimates differ across studies. We then consider three explanations for why this is: (a) idiosyncratic differences in data sets; (b) differences in remaining...
Persistent link: https://www.econbiz.de/10008727305
This paper estimates the effects of family-background characteristics on student performance in the US and 17 Western European school systems. Family background has strong effects both in Europe and the United States, remarkably similar in size. France and Flemish Belgium achieve the most...
Persistent link: https://www.econbiz.de/10005406421
Anti-money laundering regulations have been centred on the “Know-Your-Customer” rule so far, overlooking the fact that criminal proceedings that need to be laundered are usually represented by cash. This is the first study which tries to provide an answer to the question of how much of cash...
Persistent link: https://www.econbiz.de/10013086037
We provide evidence for a beneficial welfare impact of a crime policy that is targeted at strengthening victim …
Persistent link: https://www.econbiz.de/10013086983
Empirical evidence reveals that unemployment tends to increase property crime but that it has no effect on violent … crime. To explain these facts, we examine a model of criminal gangs and suggest that there is a substitution effect between … property crime and violent crime at work. In the model, non-monetary valuation of gang membership is private knowledge. Thus …
Persistent link: https://www.econbiz.de/10012773601
double dividend in that it reduces both minor offenses and more severe crime. We develop a model of criminal subcultures in … attractive for some people who would otherwise commit more severe crime. If social status is sufficiently important in criminal … subcultures, zero-tolerance reduces crime across the board …
Persistent link: https://www.econbiz.de/10012779694
We provide evidence about voters' response to crime control policies. We exploit a natural experiment arising from the … were more likely to report crime news involving pardoned individuals; ii) voters held worse beliefs on the incumbent … governments ability to control crime and iii) with respect to the previous elections, the incumbent national government …
Persistent link: https://www.econbiz.de/10012951775
particular, our estimates suggest that - in an average municipality – an additional crime by pardoned individuals led to a drop … also provide evidence of newspapers being more likely to report crime news involving pardoned individuals and of voters … holding worse beliefs on the incumbent national government's ability to control crime. Our findings indicate that voters keep …
Persistent link: https://www.econbiz.de/10012899931