As it is widely believed that the behaviour of large Japanese companies is different from that of their British counterparts, hypothesises that the directors in both countries may have different financial incentives. The research estimates the determinants of executive compensation, using the micro data of listed companies in both countries. Our result suggests that directors in Japan may have little ...
It is well understood that children benefit educationally the greater the education of their parents. However, transfers of the benefits of human capital within the home occur between partners too. The more educated an individual the more able he or she is to provide a partner with effective career support. Individuals will on average earn more the higher the education of their partner. This reciprocal ...
There is a vast empirical literature investigating the effects of child care costs on female employment. Day care costs are usually treated as a reduction in female wages, which is supposed to negatively affect a woman's propensity to participate in the labor market. In this paper, we argue that due to peculiarities of the German day care regime, an analysis of the effects of child care on mothers' ...