The adoption of the incorporated form of ownership in preference to partnership is linked to the shift to a more modem organizational archetype in professional firms. Yet existing empirical research offers insufficient insight into the organizational processes of this transformation in different...

In this paper we study the specialization of Spanish banks along two intertwined dimensions: size and ownership form. We find some interesting results at odds with the existing empirical literature. As commercial banks increase their size, they lend more to large borrowers but that is not the...

Incluye bibliografía ; Este trabajo utiliza datos de panel de olas 2002-2010 del Panel Socioeconómico Alemán, a fin de evaluar el impacto que la privación en términos de renta familiar tiene sobre el bienestar mental. La heterogeneidad no observable está controlada a través de un modelo...

Hierarchical or "multilevel" regression models typically parameterize the mean response conditional on unobserved latent variables or "random" effects and then make simple assumptions regarding their distribution. The interpretation of a regression parameter in such a model is the change in...