This paper studies the turnover of board of directors members in a sample of 72 companies listed on the Milan Stock Exchange during the period 1988-1996. We investigate whether board members change more frequently when company performance is poor, as the literature suggests, and whether and how...

The purpose of this paper is to provide an update of the empirical evidence on the private returns to education in Italy. First, we show that, whilst returns to education in Italy (based on gross wages) are in line with the European average, educational attainment is generally much lower...

We address the impact of education upon wage inequality by drawing on evidence from fifteen European countries, during a period ranging between 1980 and 1995. We focus on within-educational-levels wage inequality by estimating quantile regressions of Mincer equations and analysing the...

Individual absolute risk aversion is measured for a sample of 1373 male household heads, using the 1995 wave of the Survey on the Income and Wealth of Italian households. This measure, conditional on financial and real wealth and household income, is used as an instrument for attained education...

This paper analyses the effects of expected earnings and local markets conditions on the behaviour of young adults with high school diplomas. Decisions to either remain in the parental home or form a new household are modelled jointly with those of either gaining work experience or investing in...

Das Thema Kinderarmut ist in der Bundesrepublik zu einem viel beachteten Thema in der politischen Auseinandersetzung avanciert. Die Publikation möchte einen ersten Überblick über den europäischen Forschungsdiskurs geben und die bisherigen bundesrepublikanischen Forschungsergebnisse...

Das Buch geht von drei möglichen Strategien zur langfristigen Bewältigung der Folgen des Demografischen Wandels aus und untersucht eine davon eingehend: die Erhöhung der Kinderzahl. Die Autoren stellen die Frage, warum die Geburtenziffer in Deutschland als zu gering erachtet wird und leiten...