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correct for potential endogeneity and selection bias in the earnings function. Attempts to correct for endogeneity is made … using instrumental variables method as well as using lag values of potentially endogenous variables in the earnings model …, earnings are found to be significantly lower for female-headed firms and firms owned by socially-marginalized groups …
Persistent link: https://www.econbiz.de/10012933763
We study the implications of incarceration for the earnings and employment of different groups, characterized by their … race, gender, and education. Our hidden Markov model distinguishes between first-time and repeat incarceration, along with … other persistent and transitory nonemployment and earnings risks, and accounts for nonresponse bias. We estimate the model …
Persistent link: https://www.econbiz.de/10013292352
experiencing disproportionate business earnings losses in the pandemic. Higher education levels among Asian business owners helped …Many small businesses have closed, lost revenues, or downsized as a response to health and economic disruptions caused …? This paper provides the first study of the impacts of COVID-19 on racial inequality in business earnings. Pandemic …
Persistent link: https://www.econbiz.de/10013435094
earnings differential of 2.3 log points remains even after controlling for both individual- and firm-level unobserved … heterogeneity. The analysis of the mothers and childless women's earnings trajectories over time reveals that "mothers to be …" experience important earnings increases (of up to 6 log points) several years prior to giving birth to their first child. However …
Persistent link: https://www.econbiz.de/10009315297
This study examines the effects of gender on executive financial decision-making as it relates to management earnings … earnings forecasts? Additionally, the following sub-questions are addressed: (1) do female executives issue more accurate … earnings forecasts than male executives and (2) are female executives more conservative than male executives when issuing …
Persistent link: https://www.econbiz.de/10013106753
Analysis of a global survey of 21,980 firms from 91 countries suggests that the presence of women in corporate leadership positions may improve firm performance. This correlation could reflect either the payoff to nondiscrimination or the fact that women increase a firm's skill diversity....
Persistent link: https://www.econbiz.de/10012999395
Persistent link: https://www.econbiz.de/10000861153
Persistent link: https://www.econbiz.de/10009675266
Our paper represents the first attempt in the literature to estimate the properties of business income risk from privately held businesses in the US. Using a new, large, and confidential panel of US income tax returns for the period 1987-2009, we extensively document the empirical stylized facts...
Persistent link: https://www.econbiz.de/10013089179
to compare to labor income or earnings risks. We find that business income is much riskier than labor income, even …
Persistent link: https://www.econbiz.de/10013089382