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Increasing the participation of women in top-level corporate boards is high on the agenda of policymakers. Yet, we know little about director appointment dynamics and the drivers and impediments of women appointments. This study builds on organizational and group-level behavior theories and...
Persistent link: https://www.econbiz.de/10014232704
paper shows that financial regulation can be effective at mitigating this type of risk. Exploiting regulatory changes … financial institutions subject to stricter regulation. Following the easing of these regulations, overconfidence-induced risk …-taking increases again. These findings confirm the effectiveness of financial regulation at correcting overconfident behavior, but also …
Persistent link: https://www.econbiz.de/10014477386
examine this assertion for Germany, a welfare state with a relative generous means-tested social minimum and high marginal tax … rates. Our analysis is based on a microsimulation model that accounts for the interactions between wages, the tax …
Persistent link: https://www.econbiz.de/10010234179
In West Germany, the average size of establishments declined during the 1990s and started to increase again in the late …
Persistent link: https://www.econbiz.de/10014501125
Discontinuities in the employment profile are supposed to cause wage cuts since they imply an interruption in the accumulation of human capital as well as a depreciation of the human capital stock built up in the past. In this paper, we estimate the return to effective experience, taking into...
Persistent link: https://www.econbiz.de/10013428383
Persistent link: https://www.econbiz.de/10001798382
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Little is known about how socioeconomic characteristics of executive teams affect corporate governance in banking. Exploiting a unique dataset, we show how age, gender, and education composition of executive teams affect risk taking of financial institutions. First, we establish that age,...
Persistent link: https://www.econbiz.de/10009509092
We provide a comprehensive analysis of income inequality and income dynamics for Germany over the last two decades … distribution of annual earnings in Germany. We find that cross-sectional inequality rose until 2009 for men and women. After the …
Persistent link: https://www.econbiz.de/10013193660
apply this method to decompose the increase in income inequality in Germany from 2002 to 2011, a period that saw tax …
Persistent link: https://www.econbiz.de/10011568532