lifetime earnings and education. Yet, the benefits of moving were very unequally distributed within the family: Those older …

This paper examines the determinants of inter vivos (lifetime) transfers of ownership in German family firms between …

This paper uses a unique dataset from Denmark to investigate the impact of family characteristics in corporate decision … making and the consequences of these decisions on firm performance. We focus on the decision to appoint either a family or … to pass on control to a family CEO than are female first-child firms, but the gender of the first child is unlikely to …

Dynastic management is the inter-generational transmission of control over assets that is typical of family-owned firms … potential source of inefficiency: if the heir to the family firm has no talent for managerial decision making, meritocracy fails …

, we constructed a unique data set of family trees and business groups for nearly 100 of the largest business families in … Thailand. We find a strong positive association between family size and family involvement in the ownership and control of the … family business. The sons of the founders play a central role in both ownership and board membership, especially when the …

. Yet the family (and decision-making in families) is typically ignored in macroeconomic models. In this chapter, we argue … that family economics should be an integral part of macroeconomics, and that accounting for the family leads to new answers … fluctuations, and argue that changes in family structure in recent decades have important repercussions for the determination of …