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asymmetric equilibrium featuring household specialization can arise. Examples where the asymmetric equilibrium is welfare …
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Family and social networks are widely believed to influence important life decisions but identifying their causal …
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In this paper we study top executive turnover in Italian Banks over the period 1993-2001. We relate the probability of survival of top executives (Presidents, CEOs and General Managers) to bank performance and the manager's local connections, controlling for (observable and unobservable) bank...
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We identify externalities in human capital production function arising from sibling spillovers. Using regression discontinuity design generated by school-entry cutoffs and school records from one district in Florida, we find positive spillover effects from an older to a younger child in less...
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related to the institution of marriage and household characteristics. There is an inverse relationship between BMI and height …, single women have lower BMIs than women in other household relationships. While causal mechanisms may have changed over time …, there is a positive relationship between BMIs and household size. …
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The formation of economic preferences in childhood and adolescence has long-term consequences for life-time outcomes. We study in an experiment with 525 teenagers how both birth order and siblings' sex composition affect risk, time and social preferences. We find that second born children are...
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