In the literature on privatisation and restructuring it is a generally held belief that manager owned firms will be restructured more rigorously than worker owned companies. This gives the clear recommendation that property rights and control rights should be allocated to managers in the process of (insider-) privatisation. One of the implied arguments is, that managers' career concerns will make them ...
There are few studies on occupational choices in Germany, and second-generation occupational choice and mobility has been investigated even less. Such research is important because occupations determine success in the labor market. In a country like Germany, occupations also reflect a general socio-economic standing. This paper looks at the patterns of employment in Germany, analyzes how individual ...
The purpose of this paper is to obtain, by combining two longitudinal perspectives, a more detailed national picture of poverty in the member states of the European Union, using the first four waves (1994-7) of the European Community Household Panel (ECHP). In addition to this detailed consideration is given to the time dimension, poverty incidence, poverty gap and poverty intensity. Overall, the ranking ...
This article deals with income advantages derived from owner-occupied housing and their impact on the personal income distribution. Using micro-data from the British Household Panel Study (BHPS), the German Socio-Economic Panel (SOEP), and the U.S. Panel Study of Income Dynamics (PSID) we find distinct cross-national differences in terms of the prevalence and extent of imputed rent. Results from inequality ...
Among the majority of high-income OECD countries, the degree of fiscal decentralisation has converged over the last 30 years towards an intermediate level. The theoretical arguments for and against fiscal decentralisation point to explanations for this tendency, because both extreme decentralisation and extreme centralisation are associated with disadvantages for economic growth. Hence, the observed ...
In general, day care subsidies are accepted as a means of creating equal chances for both children and mothers in the labour market. Although there is a broad consensus that the use of children's day care should be publicly supported, there is no consensus on how this should be done. Moreover, there is little knowledge on the distributional effects of day care subsidies. In order to assess whether ...
