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The practice of adopting adults, even if one has biological children, makes Japanese family firms unusually competitive. Our nearly population-wide panel of postwar listed nonfinancial firms shows inherited family firms more important in postwar Japan than generally realized, and also performing...
Persistent link: https://www.econbiz.de/10013128613
allowing for dynamics in the response of divorce rates to the adoption of unilateral divorce laws. We in turn explore the …
Persistent link: https://www.econbiz.de/10013130265
This paper uses a new data set on child-adoption matching to estimate the preferences of potential adoptive parents … over U.S.-born and unborn children relinquished for adoption. We identify significant preferences favoring girls and unborn … children close to birth, and against African-American children put up for adoption. These attitudes vary in magnitudes across …
Persistent link: https://www.econbiz.de/10013137306
Parental involvement (PI) laws require that physicians notify or obtain consent from a parent(s) of a minor seeking an abortion before performing the procedure. Several studies suggest that PI laws curb risky sexual behavior because teens realize that they would be compelled to discuss a...
Persistent link: https://www.econbiz.de/10013086672
The number of states that require parental involvement in a minor's decision to terminate a pregnancy has more than doubled since 1988. Congress is currently considering legislation that would further limit access to abortion for minors who reside in states that enforce parental involvement...
Persistent link: https://www.econbiz.de/10012778237
Divorce law changes made in the 1970s affected marital formation, dissolution, and bargaining within marriage. By altering the terms of the marital contract these legal changes impacted the incentives for women to enter and remain in the labor force. Whereas earlier work had suggested that the...
Persistent link: https://www.econbiz.de/10012758356
Social Security provides spousal benefits in retirement to secondary workers in married couples based on the primary worker's earnings record. In addition, Social Security pays spousal benefits to divorced secondary workers whose marriages lasted at least ten years. However, if a marriage failed...
Persistent link: https://www.econbiz.de/10012759856
During the 1970s the US underwent an important change in its divorce laws, switching from mutual consent to a unilateral divorce regime. Who benefitted and who lost from this change? To answer this question we develop a dynamic life-cycle model in which agents make consumption, saving, labor...
Persistent link: https://www.econbiz.de/10013052119
This paper revisits the evidence on the impact of unilateral divorce laws on divorce rates in the United States. Most states switched from requiring mutual consent to allowing unilateral or no-fault divorce between 1970 and 1985, while the national divorce rate more than doubled after 1965....
Persistent link: https://www.econbiz.de/10013221946
Within the past few years, renewed interest in understanding marital behavior has resulted in a number of studies which focus on an equation estimating the probability of divorce or remarriage. This paper reports on one such effort. It offers a brief rationale for and an estimation of...
Persistent link: https://www.econbiz.de/10013226103