Results

CEP discussion paper

Intergenerational income persistence in the Millennial generation

This paper provides new evidence on intergenerational income persistence for a recent UK cohort. Using Next Steps, a longitudinal study of people born in England in 1989-90 linked to administrative education records, we ...Read more...

Journal article

Nature Communications:

Social status and the relationship between income rank and well-being in 109 nations

Well-being is linked to income. However, lower well-being among lower-income individuals may reflect either economic relative deprivation or the lower social status associated with a lower income rank. Here, using Gallup...Read more...

Journal article

SERIEs:

Paternity leave in Spain

Between 2017 and 2021, Spain progressively extended paternity leave from 2 to 16 weeks, equalizing it with maternity leave and introducing mandatory weeks. A 2018 reform also allowed fathers to split their leave. Using a...Read more...

Journal article

LSE Public Policy Review:

Explaining variation in child penalties: the role of gender norms and policies

This paper contributes to understanding global variation in child and marriage penalties by focusing on the role of patriarchal control, gender norms, and public policies. We introduce a new measure of gender norms, the ...Read more...

Blog

LSE Business Review:

Education makes women, not men, more likely to have children

Given the wide-ranging consequences of declining fertility rates, academics and policymakers around the world are increasingly interested in understanding what influences men's and women's decision to start a family. Han...Read more...

CEP discussion paper

Paternity leave and child development

We study the effect of paternity leave on early child development. We collect survey data on 5,000 children under age six in Spain and exploit several extensions of paternity leave that took place between 2017 and 2021. ...Read more...

CEP discussion paper

Education, gender and family formation

We study the effect of educational attainment on family formation using regression discontinuity designs generated by centralized admissions processes to both secondary and tertiary education in Finland. Admission to fur...Read more...

Journal article

American Economic Journal: Applied Economics:

Measuring absolute income mobility: lessons from North America and Europe

We use linked parent-child administrative data for five countries in North America and Europe, as well as detailed survey data for two more, to investigate methodological challenges in the estimation of absolute income m...Read more...

Journal article

The Economic Journal:

Immigration, female labour supply and local cultural norms

We study the local evolution of female labour supply and cultural norms in West Germany in reaction to the sudden presence of East Germans who migrated to the West after reunification. These migrants grew up with high ra...Read more...

Journal article

BE Journal of Economic Analysis and Policy :

Variants of gender bias and sexual-orientation discrimination in career development

We use a nationally-representative dataset that includes a large sample of sexual-orientation minorities to investigate gender bias and sexual-orientation discrimination in career progression. Our results are consistent ...Read more...

CentrePiece article

CEP Insights: Gender and...

CEP research on gender and factors such as family, work and Covid-19....Read more...

CentrePiece article

Women in the workplace: 50 years of change

Decades of progress have seen greater opportunities for women in the workplace, but sizeable gender gaps remain in most indicators of economic achievement. Stefania Albanesi, Claudia Olivetti and Barbara Petrongolo revie...Read more...

Journal article

Journal of Economic Behavior and Organization :

Occupational status and life satisfaction in the UK: the miserable middle?

We use British panel data to explore the link between occupational status and life satisfaction. We find puzzling evidence for men of a U-shaped relationship in cross-section data: employees in medium-status occupations ...Read more...

CEP discussion paper

Families, labor markets and policy

Using comparable data for 24 countries since the 1970s, we document gender convergence in schooling, employment and earnings, marriage delay and the accompanying decline in fertility, and the large remaining gaps in labo...Read more...

Journal article

Oxford Review of Education :

Inequalities in late adolescents' educational experiences and wellbeing during the Covid-19 pandemic

While the health risks of Covid-19 for young people are low, they have borne a heavy cost of the pandemic through intense disruption to their education and social lives. These effects have not been experienced equally ac...Read more...

Journal article

Journal of Economic Behavior & Organization:

Occupational prestige and life satisfaction in the UK: the miserable middle?

We use British panel data to explore the link between occupational status and life satisfaction. We find puzzling evidence for men of a U-shaped relationship in cross-section data: employees in medium-status occupations ...Read more...

Journal article

Education Economics :

Grade expectations: how well can past performance predict future grades?

Students in the UK apply to university with teacher-predicted examination grades, rather than actual results. These predictions have been shown to be inaccurate, and to favour certain groups, leading to concerns about te...Read more...

Journal article

Nature Communications:

The effect of Covid certificates on vaccine uptake, health outcomes, and the economy

In the COVID-19 pandemic many countries required COVID certificates, proving vaccination, recovery, or a recent negative test, to access public and private venues. We estimate their effect on vaccine uptake for France, G...Read more...

Journal article

European Journal of Political Economy:

The generation gap in direct democracy: age vs. cohort effects

We document a generation gap in direct democracy outcomes across a wide range of topics that is causally related to aging. To this end, we combine different sources of postelection survey data covering more than 300 Swis...Read more...

Journal article

Journal of Behavioral and Experimental Economics:

Faster, higher, stronger? and happier? Relative achievement and marginal rank effects

Most prior research on the relationship between relative attainment and subjective wellbeing focuses on relative income. The direction of this relationship may, however, be positive or negative. Defining the target compa...Read more...

Journal article

PNAS:

Covid-19 within families amplifies the prosociality gap between adolescents of high and low socioeconomic status

COVID-19 has had worse health, education, and labor market effects on groups with low socioeconomic status (SES) than on those with high SES. Little is known, however, about whether COVID-19 has also had differential eff...Read more...

Journal article

Journal of International Economics:

Import competition, heterogeneous preferences of managers, and productivity

When managers have objectives beyond maximizing monetary profits, inefficiencies may arise. An increase in competition may then force managers to improve the productivity of the firm in order to ensure survival. While th...Read more...

Journal article

Journal of Population Economics:

Social mobility and political regimes: intergenerational mobility in Hungary, 1949-2017

This paper measures social mobility rates in Hungary during the period 1949 to 2017, using surnames to measure social status. In those years, there were two very different social regimes. The first was the Hungarian Peop...Read more...

Journal article

SERIEs:

Work and children in Spain: challenges and opportunities for equality between men and women

Over the past decades, Spain has seen a striking convergence between women?s and men?s participation in the labour market. However, this convergence has stalled since the early 2010s. We show that women still fare worse ...Read more...

Journal article

Business History:

The population of non-corporate business proprietors in England and Wales 1891?1911

This article uses population censuses to provide the first consistent counts of the population of business proprietors for 1891?1911. After appropriate adjustments for imperfect Census design the article confirms the per...Read more...

CEP discussion paper

Import competition, heterogeneous preferences of managers and productivity

When managers have objectives beyond maximizing monetary profits, inefficiencies may arise. An increase in competition may then force managers to improve the productivity of the firm in order to ensure survival. While th...Read more...

CEP discussion paper

Understanding day care enrolment gaps

We document day care enrolment gaps by family background in a country with a universal day care system (Germany). Research demonstrates that children of less educated or foreign-born parents can benefit the most from day...Read more...

Journal article

The Quarterly Journal of Economics:

Protests as strategic games: experimental evidence from Hong Kong's antiauthoritarian movement

Social scientists have long viewed the decision to protest as strategic, with an individual's participation a function of their beliefs about others' turnout. We conduct a framed field experiment that recalibrates indivi...Read more...

Journal article

ILR Review:

The impact of acquiring unrestricted work authorization on Romanian and Bulgarian migrants in the United Kingdom

When Romania and Bulgaria (the so-called A2 countries) joined the European Union in 2007, the United Kingdom imposed temporary restrictions on the employment and welfare entitlements of A2 citizens that lasted until Janu...Read more...

CentrePiece article

Economic consequences of family policies

There is no compelling evidence that extended parental leave rights have a positive impact on female employment, according to research by Claudia Olivetti and Barbara Petrongolo, which analyses the labour market effects ...Read more...

CEP discussion paper

The generation gap in direct democracy

We provide the first systematic documentation and analysis of a generation gap in direct democracy outcomes across a wide range of topics using postelection survey data covering more than 300 Swiss referenda and four dec...Read more...

Journal article

The Review of Financial Studies:

Managing the family firm: evidence from CEOs at work

We build a comparable and bottom-up measure of CEO labor supply for 1,114 CEOs and investigate whether family and professional CEOs differ along this dimension. Family CEOs work 9% fewer hours relative to professional CE...Read more...

CEP discussion paper

All in the family? CEO choice and firm organization

Family firms are the most prevalent firm type in the world, particularly in emerging economies. Dynastic family firms tend to have lower productivity, though what explains their underperformance is still an open question...Read more...

Journal article

Journal of Economic Perspectives:

The economic consequences of family policies: lessons from a century of legislation in high-income countries

By the early 21st century, most high-income countries have put into effect a host of generous and virtually gender-neutral parental leave policies and family benefits, with the multiple goals of gender equity, higher fer...Read more...

Journal article

Sleep:

Family income and material deprivation: do they matter for sleep quality and quantity in early life? Evidence from a longitudinal study

Introduction: The aim of this article is to investigate the determinants of sleeping patterns in children up to age 9 on a large and geographically homogeneous sample of British children and parents, focusing in particul...Read more...

CEP discussion paper

The economic consequences of family policies: lessons from a century of legislation in high-income countries

We draw lessons from existing work and our own analysis on the effects of parental leave and other interventions aimed at aiding families. The outcomes of interest are female employment, gender gaps in earnings and ferti...Read more...

CEP discussion paper

Without my medal on my mind: counterfactual thinking and other determinants of athlete emotions

How achievement makes people feel depends upon counterfactual thoughts about what could have been. One body of evidence for this comes from studies of observer ratings of Olympians' happiness, which suggests that categor...Read more...

CEP discussion paper

Politics in the family: nepotism and the hiring decisions of Italian firms

In this paper we investigate the effect of family connections to politicians on individuals? labor market outcomes. We combine data for Italy over almost three decades from longitudinal social security records on a rando...Read more...

CEP discussion paper

Unraveling firms: demand, productivity and markups heterogeneity

We develop a novel framework that simultaneously allows recovering heterogeneity in demand, quantity TFP and markups across firms while leaving the correlation between the three dimensions unrestricted. We accomplish thi...Read more...

Journal article

Scientometrics:

Patent citation indicators: one size fits all?

The number of citations that a patent receives is considered an important indicator of the quality and impact of the patent. However, a variety of methods and data sources can be used to calculate this measure. This pape...Read more...

CentrePiece article

Family business: management effort and firm performance

Might familyowned, familyrun firms be a serious obstacle to productivity growth in Europe? Oriana Bandiera, Andrea Prat and Raffaella Sadun have collected time use data on over 1,000 chief executive officers to explore d...Read more...

CEP discussion paper

Managing the family firm: evidence from CEOs at work

We present evidence on the labor supply of CEOs, and on whether family and professional CEOs differ on this dimension. We do so through a new survey instrument that allows us to codify CEOs? diaries in a detailed and com...Read more...

CEP discussion paper

Where the Streets Have a Name: Income Comparisons in the US

This paper analyses how neighbors' income affect agents' well-being using unprecedented data from the BRFSS and the City of Somerville. We conduct a multi-scale approach at the county, ZIP code and street-levels and find...Read more...

CEP discussion paper

Managers' Mobility, Trade Status and Wages

This paper investigates whether the arrival of managers with export experience, i.e. experience acquired through participation in the export activity of previous employers, is related to firms' international trade status...Read more...

CEE/Education and skills discussion paper

Measuring the Returns to Lifelong Learning

This paper investigates the returns to lifelong learning, which is interpreted as the attainment of qualifications following entry into the labour market. For a number of reasons our analysis of the British Household Pan...Read more...

CEP discussion paper

Does Family Control Affect Trade Performance? Evidence for Italian Firms

This paper examines whether the export decision of firms is affected by their ownership structure, specifically it looks at whether family control is an obstacle to entering foreign markets. The underlying assumption is ...Read more...

SERC/Urban and Spatial Programme Discussion Paper

Family Types and the Persistence of Regional Disparities in Europe

This paper examines the association between one of the most basic institutional forms, the family, and a series of demographic, educational, social, and economic indicators across regions in Europe. Using Emmanuel Todd?s...Read more...

Journal article

The Quarterly Journal of Economics:

Measuring and explaining management practices across firms and countries

We use an innovative survey tool to collect management practice data from 732 medium-sized firms in the United States, France, Germany, and the United Kingdom. These measures of managerial practice are strongly associate...Read more...

CEE/Education and skills discussion paper

Is Free School Meal Status a Valid Proxy for Socio-Economic Status (in Schools Research)?

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CEP discussion paper

Respect

Becker (1974) introduced to modern economics the idea that others care about what others think about them and derived many useful insights from this assumption. But he did not provide a very complete description of the g...Read more...

CEP discussion paper

Dynastic Management

The most striking difference in corporate-governance arrangements between rich and poor countries is that the latter rely much more heavily on the dynastic family firm, where ownership and control are passed on from one ...Read more...

CEP discussion paper

Measuring and Explaining Management Practices Across Firms and Countries

We use an innovative survey tool to collect management practice data from 732 medium sized manufacturing firms in the US, France, Germany and the UK. These measures of managerial practice are strongly associated with fir...Read more...

CEP report

Work-Life Balance, Management Practices and Productivity

Do ?Anglo-Saxon? management practices generate higher productivity only at the expense of lousy work-life balance (WLB) for workers? Many critics of ?neo-liberalisme sauvage? have argued that increased competition from g...Read more...

CEP discussion paper

Immigrants at Retirement: Stay/Return or 'Va-et-Vient'

where labour considerations no longer matter, the location decisions are expected to depend not only on a comparison of standard-of-living between the origin and host countries, but should also be affected by the strengt...Read more...

CEP discussion paper

Intergenerational Transfers and Household Structure. Why Do Most Italian Youths Live With Their Parents?

85 percent of Italian men aged 18-33 live with their parents. We argue that Italian parents like to live with their children and a rise in their income makes it possible for them to offer their children higher consumptio...Read more...

CEP discussion paper

Family-Friendly Working: What a Performance! An Analysis of the Relationship Between the Availability of Family-Friendly Policies and Establishment Performance

This paper uses the Management and Employee Questionnaires from the 1998 Workplace Employee Relations Survey (WERS98) to consider whether the performance of workplaces which offer a range of family-friendly policies are ...Read more...

CEP discussion paper

It's a Family Affair: the Effect of Union Recognition and Human Resource Management on the Provision of Equal Opportunities in the UK

Equal opportunities policies and family-friendly practices are examined using data from the 1998 Workplace Employee Relations Survey in order to assess (i) their associations with union recognition and strategic human re...Read more...

CEP discussion paper

Changes in intergenerational mobility in Britain

This paper compares and contrasts estimates of the extent of intergenerational income mobility over time in Britain. Estimates based on two British birth cohorts show that mobility appears to have fallen in a cross-cohor...Read more...