interdependencies in well-being at the family level. This paper develops an ordered probit model with multiple random effects that … allows to identify the intrafamily correlation in well-being. The parameters of the model can be estimated with panel data …

equilibriumvolatility and correlation risk premia. In our economy, uncertainty is linked to both firm-specific and market-wide signals …: Greatersubjective uncertainty or higher disagreement on the market-wide signal imply a larger correlation of beliefs, a strongerco …-movement of stock returns, and a substantial correlation risk premium generated by the endogenous optimal risksharingamong …

Basis einer repräsentativen Befragung von Familienunternehmen aus dem Jahr 2008/2009 ein Logit-Modell geschätzt, um die … survey of family businesses in the years 2008 and 2009 a logit model was estimated to investigate which factors determine the …

Goal structures in family firms seems of particular interest to the field as the overall orientation and the objectives … of family firms are determined in an area of potential conflict between the two subsystems of firm and family. We asked … shareholders of German family firms to rate the importance of certain goals in the organization's management. By doing a principal …

We estimate the causal relationship between family size and labour market outcomes for families in low fertility and … low female employment regime. Family size is instrumented using twinning and gender composition of the first two children … family size with maternal education and age. An unintuitive feature of our finding is that we identify a positive bias of OLS …

In this paper we explore the composition of students, the study length towards diploma, and examine the likelihood of … female university students in Sweden has children. In Sweden as in many other countries enrollment periods have been … achievement we find that students with children seem to be somewhat more efficient in their studies among those who have graduated …

rules, we calculate inheritance tax rates for the whole period for a number of differently endowed family firms and … introduced in the 1970s, which sharply reduced tax rates for inherited family businesses. Tax rates for deceased individuals were …

conditional correlation model due to Engle (2002), we construct a time-varying, consumption-based measure of risk sharing. We find …