Showing 1 - 10 of 1,617
We assess the long-term effects of managerial stress on aging and mortality. First, we show that exposure to industry distress shocks during the Great Recession produces visible signs of aging in CEOs. Applying neural-network based machine-learning techniques to pre- and post-distress pictures,...
Persistent link: https://www.econbiz.de/10014326393
Using data from the representative IAB Establishment Panel in Germany and estimating a panel probit model with fixed …
Persistent link: https://www.econbiz.de/10012137036
in Germany, as it is often claimed in the public debate. We use two micro-data sets and a micro-simulation model to … compare effective average tax rates for different household types in France and Germany. Our analysis shows that the popular …. Actually, low income families with less than three children even fare better in terms of tax relief in Germany than in France …
Persistent link: https://www.econbiz.de/10003227216
2011 wave of the rich Survey of Health Aging and Retirement Europe (SHARE) is used for the exploration of the full spectrum … measures. They include: share of smokers on a daily/regular basis; alcohol consumption (per-capita liters per year); share of …
Persistent link: https://www.econbiz.de/10010413782
to establish the relationship between share prices on the one hand and worker wellbeing on the other. First, we use data … on share price movements and employee stock holding in a single corporation and provide suggestive evidence that an … increase in the firm's stock price increases the wellbeing of those who belong to its employee share purchase plan (ESPP), and …
Persistent link: https://www.econbiz.de/10012612648
and their adoptive children becomes very weak. We find similar results when we study the share of financial wealth that is …
Persistent link: https://www.econbiz.de/10011295557
We examine how emerging market (EM) investors allocate their stock portfolios internationally. Using both country-level and institution-level data, we find that the coming wave of EM investors systematically over- and under-weight their holdings in some target countries. These abnormal foreign...
Persistent link: https://www.econbiz.de/10011347171
The paper examines the relationship between leverage and growth in a group of emerging central and eastern European countries, who are at different levels of financial market development. We hypothesize a non-linear relationship in that moderate leverage could boost growth while very high...
Persistent link: https://www.econbiz.de/10003944314
In 2002, an amendment to UK parliamentary regulations removed restrictions on the participation of members of parliament (MPs) in parliamentary proceedings related to their corporate interests. Using this amendment as a quasi-natural experiment, we demonstrate gains in firm value and...
Persistent link: https://www.econbiz.de/10012239525
This study examines the impact of 1997 Asian and 2008 Global financial crises on the capital structure of Korean listed companies. Using a data set covering 1,159 Korean listed non-financial firms from 10 industrial sectors over period 1985-2015, the pattern of firms' capital structure before...
Persistent link: https://www.econbiz.de/10011612999