Showing 1 - 10 of 830
To increase a company's earnings, a project must generate enough income next year to pay for its own financing. Hence, a manager who wants to maximize her EPS (earnings per share) should only invest in accretive projects that have income yields above the firm's cheapest financing option. This is...
Persistent link: https://www.econbiz.de/10015438286
We study the consequences of weakening shareholder primacy using Nevada Senate Bill 203 as a quasi-natural experiment. A difference-in-differences analysis shows that, instead of improving their governance in response to the Bill to reassure capital providers, affected firms experience a...
Persistent link: https://www.econbiz.de/10015409860
use linked tax and Census records for over 5 million children to examine how divorce affects family arrangements and … changes in family circumstances suggests multiple channels through which divorce may affect children's development and …
Persistent link: https://www.econbiz.de/10015409807
Despite the high levels of marital disruption in the United States, and substantial reliance on family-based health …
Persistent link: https://www.econbiz.de/10012458433
"demonstration effect" postulates that adult children learn from a parent's example that family caregiving is appropriate behavior …
Persistent link: https://www.econbiz.de/10012464320
The twenty-fifth anniversary of the publication of Gary Becker's path-breaking "Treatise on the Family" provides an … occasion to reexamine both the American family and family economics. We begin by discussing how families have changed in recent … decades: the separation of sex, marriage, and childbearing; fewer children and smaller households; converging work and …
Persistent link: https://www.econbiz.de/10012465748
This study goes beyond the immense literature on the quantity of labor that households supply to examine the timing of their labor/leisure choices. Using two-year panels from the United States in the 1970s it demonstrates that couples prefer to consume leisure simultaneously: Synchronization is...
Persistent link: https://www.econbiz.de/10012471321
exceeding the family's tax liability is returned in the form of a cash refund. Advocates of the credit argue that this … changes caused by federal tax policy, and by cross-sectional variation in wages, income, and family size. We use both quasi …'s labor force participation by over a full percentage point. Overall, the evidence suggests that family labor supply and pre …
Persistent link: https://www.econbiz.de/10012471956
marital status, time until first marriage, and duration of first marriage. The results indicate that in general, drug users … are more likely to be unmarried due to a delay in the age at first marriage, and shorter marriage durations. The findings …
Persistent link: https://www.econbiz.de/10012473855
The purpose of this paper is to provide evidence on the effect of child health on marital stability and family … whether it increases her chance of living in an extended family. Using two different measures of child health, we find that … mitigating factor is that, for white children, they will be more likely than healthy children to living in an extended family …
Persistent link: https://www.econbiz.de/10012475143