Results 91 to 100 of about 990 (268)

Declining female participation: Mechanisms at play in the Viennese private annuity market, c. 1360–1450

open access: yesThe Economic History Review, EarlyView.
Abstract During the high and late Middle Ages, the European economy witnessed the emergence and substantial growth of capital markets, a phenomenon connected to urbanization and pestilence, both of which brought profound changes to the social, legal, and economic positions of women.
Anna Molnár
wiley   +1 more source

Economic inequality and social mobility in preindustrial societies: What we know, what we don't (but should) know

open access: yesThe Economic History Review, EarlyView.
Abstract In recent years economic inequality has become a major research topic in economic history. However, much remains to be done to complete our knowledge of long‐term distributive dynamics. This article highlights several promising avenues for future research, focusing on the preindustrial period.
Guido Alfani
wiley   +1 more source

Rich Dad Poor Dad? CEO Private School Background and Firm Risk

open access: yesEuropean Financial Management, EarlyView.
ABSTRACT We examine the effect of CEO childhood socioeconomic status (SES) on firm risk. Using hand‐collected data on US CEOs' private high‐school attendance as proxy for high‐SES, we find that firms led by high‐SES CEOs exhibit 5.35% lower firm risk. This effect diminishes with CEO tenure, analyst coverage, and institutional ownership, consistent with
Yifei Bi, Christos Mavrovitis, Chen Yang
wiley   +1 more source

A Theory of the Boundaries of Banks With Implications for Financial Integration and Regulation

open access: yesFinancial Management, EarlyView.
ABSTRACT We offer a theory of the “boundary of the firm” that is tailored to banks, recognizing the relevance of deposit financing and interbank lending as a substitute for integration. It is based on a single inefficiency that has been at the core of banking theory: risk‐shifting incentives in the interest of bank shareholders.
Falko Fecht   +2 more
wiley   +1 more source

The Decline of the Swedish Inheritance and Gift Tax, 1991–2004

open access: yes, 2017
During the period 1991–2004, political support for the inheritance and gift taxation in Sweden diminished, which contributed to two major policy shifts. In 1991, a new tax schedule which reduced top rates was introduced. The tax was thereafter completely repealed in 2004.
Eriksson, Martin, Gunnarsson, Åsa
openaire   +1 more source

“THE NORMAL EXCEPTION”: “MICROANALYSIS AND SOCIAL HISTORY” (1977)*

open access: yesHistory and Theory, EarlyView.
ABSTRACT “The normal exception” has long been a slogan of microhistory. This oxymoronic phrase is the iconic rendering of an incidental sentence that appeared in a 1977 article published by Edoardo Grendi in the Italian journal Quaderni storici, which functioned as the incubator of Italian microhistory.
EDOARDO GRENDI
wiley   +1 more source

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