Topic Gender

Post-Socialist Transition and the Intergenerational Transmission of Education in Kyrgyzstan

We investigate long-term trends in the intergenerational transmission of education in a low income country undergoing a transition from socialism to a market economy. We draw on evidence from Kyrgyzstan using data from three household surveys collected in 1993, 1998 and 2011. We find that Kyrgyzstan, like Eastern European middle income transition economies, generally maintained high educational mobility, ...

Measuring Alpha in the Fund Management Industry: Do Female Managers Perform Better?

This paper examines the performance of 358 European diversified equity mutual funds controlling for gender differences. Fund performance is evaluated against funds' designated market indices and representative style portfolios. Consistently with previous studies, no significant differences in performance and risk are found between female and male managed funds. However, perverse market timing manifests ...

Slightly More Women in Germany's Corporate Boardrooms: Especially in DAX 30 Companies

Despite the commitment that has been expressed by German companies to bringing more women into top management, at the end of 2012, only four percent of all seats on the executive boards and just under 13 percent on the supervisory boards of the top 200 companies in Germany were occupied by women. This corresponds to an increase of one percentage point on the previous year in both cases. Nevertheless, ...

Slight Rise in Number of Female Executives: Seven Questions to Elke Holst

The German Financial Sector: Male Dominance in Top Decision-Making Bodies Remains Pervasive

In the German financial sector, the majority of employees are women, but it is still men who hold the top positions. With women making up only 4.2 percent of the boards of the largest banks and savings banks, they were still vastly underrepresented at the end of 2012 (up 1 percentage point from the end of 2011). The story is similar on the boards of the major insurance companies. The situation is somewhat ...

Spillover Effects of Maternal Education on Child's Health and Health Behavior

This study investigates the effects of maternal education on child's health and health behavior. We draw on a rich German panel data set containing information about three generations. This allows instrumenting maternal education by the number of her siblings while conditioning on grandparental characteristics. The instrumental variables approach has not yet been used in the intergenerational context ...

Post-Socialist Transition and the Intergenerational Transmission of Education in Kyrgyzstan

We investigate long-term trends in the intergenerational transmission of education in a low income country undergoing a transition from socialism to a market economy. We draw on evidence from Kyrgyzstan using data from three household surveys collected in 1993, 1998 and 2011. We find that Kyrgyzstan, like Eastern European middle income transition economies, generally maintained high educational mobility, ...

Is the Willingness to Take Financial Risk a Sex-Linked Trait? Evidence from National Surveys of Household Finance

We investigate whether the willingness to take investment risk is a sex-linked trait and link the results to the country's gender equality regime. Our empirical analysis involves household data on financial asset holdings as well as on self-reported risk tolerance for Austria, Italy, the Netherlands and Spain. Of those countries, Italy is by far the country with the greatest degree of gender inequality ...

A League of Their Own: Female Soccer, Male Legacy and Women's Empowerment

This paper investigates whether male soccer tradition can predict the success of female soccer. Different from the existing literature, this paper utilizes panel data covering 175 countries during the 1991-2011 period, capturing country heterogeneity effects and time trends. An instrumental variable approach is further employed in order to identify causal relation. My findings do not support the widespread ...

Wealth Distribution within Couples and Financial Decision Making

While most studies on wealth inequality focus on the inequality between households, this paper examines the distribution of wealth within couples. For this purpose, we make use of unique individual level micro data from the German Socio-Economic Panel (SOEP). In married and cohabiting couples, men have, on average, 33,000 Euro more net worth than women. We look at five different sets of factors (demographics, ...