Promotions and Earnings – Gender or Merit? Evidence from Longitudinal Personnel Data

This study examines the determinants of promotions, performance evaluations and earnings using unique longitudinal data from the personnel records of a large university. The study focuses on the role of gender in remuneration using, first, information on the complexity ratings of job tasks to define promotions on job ladders and, second, information on objective individual productivity. The study finds that individual research productivity was an important determinant of promotions and earnings. The results indicate that gender has no effect on the probability of being promoted, conditional on productivity, nor does it play a role in the performance evaluation of employees. Furthermore, the results suggest that contemporaneous productivity measures provide a usable proxy for the past productivity of a worker.     

Parental Education and Family Dissolution: A Cross‐National and Cohort Comparison

This is the first study to systematically analyze whether the association between parental education and family dissolution varies cross‐nationally and over time. The authors use meta‐analytic tools to study cross‐national variation between 17 countries with data from the Generations and Gender Study and Harmonized Histories. The association shows considerable cross‐national variation, but is positive in most countries. The association between parental education and family dissolution has become less positive or even negative in six countries. The findings show that the association between parental education and family dissolution is generally positive or nil, even if the association between own education and family dissolution is in many countries increasingly negative. The authors find suggestive evidence that the association is related to the crude divorce rate, but not to the generosity of the welfare state in these countries. The implications of these findings for understanding the stratification in family dissolution are discussed.     

The intergenerational transmission of divorce in cross-national perspective: results from the Fertility and Family Surveys

We used data on women's first marriages from the Fertility and Family Surveys to analyse the intergenerational transmission of divorce across 18 countries and to seek explanations in macro-level characteristics for the cross-national variation. Our results show that women whose parents divorced have a significantly higher risk of divorce in 17 countries. There is some cross-national variation. When compared with the USA, the association is stronger in six countries. This variation is negatively associated with the proportion of women in each cohort who experienced the divorce of their parents and with the national level of women's participation in the labour force during childhood. We conclude that differences in the contexts in which children of divorce learn marital and interpersonal behaviour affect the strength of the intergenerational transmission of divorce.     

Family Dynamics and Child Outcomes: An Overview of Research and Open Questions

Previous research has documented that children who do not live with both biological parents fare somewhat worse on a variety of outcomes than those who do. In this article, which is the introduction to the Special Issue on “Family dynamics and children’s well-being and life chances in Europe,” we refine this picture by identifying variation in this conclusion depending on the family transitions and subpopulations studied. We start by discussing the general evidence accumulated for parental separation and ask whether the same picture emerges from research on other family transitions and structures. Subsequently, we review studies that have aimed to deal with endogeneity and discuss whether issues of causality challenge the general picture of family transitions lowering child well-being. Finally, we discuss whether previous evidence finds effects of family transitions on child outcomes to differ between children from different socioeconomic and ethnic backgrounds, and across countries and time-periods studied. Each of the subsequent articles in this Special Issue contributes to these issues. Two articles provide evidence on how several less often studied family forms relate to child outcomes in the European context. Two other articles in this Special Issue contribute by resolving several key questions in research on variation in the consequences of parental separation by socioeconomic and immigrant background, two areas of research that have produced conflicting results so far.     

Floods and maternal healthcare utilisation in Bangladesh

Population and Environment - Floods are a common natural hazard in Bangladesh, and climate change is expected to further increase flooding frequency, magnitude and extent. Pregnant women...     

Parental Separation and School Performance Among Children of Immigrant Mothers in Sweden

Immigration and family change are two demographic processes that have changed the face of European societies and are associated with inequalities in child outcomes. Yet there is little research outside the USA on whether the effects of family dynamics on children’s life chances vary by immigrant background. We asked whether the effect of parental separation on educational achievement varies between immigrant backgrounds (ancestries) in Sweden. We used Swedish population register data on two birth cohorts (born in 1995 and 1996) of Swedish-born children and analyzed parental separation penalties on grade sums and non-passing grades (measured at ninth grade) across ten ancestry groups, defined by the mother’s country of birth. We found that the parental separation effects vary across ancestries, being weakest among children with Chilean-born mothers and strongest among children with mothers born in Bosnia and Herzegovina. In general, the effects were weaker in groups in which parental separation was a more common experience.     

Risk incentives of executive stock options for undiversified managers

The starting point of this paper is twofold. First, managers are often undiversified. Second, an increase in systematic risk could increase the market’s discount rate and consequently effect a contemporaneous change in the underlying stock’s market price. The paper makes comparative static analyses of these circumstances by using Meulbroek’s (Financ Manag 30:5–44, 2001) executive stock option model together with the dividend discount model, and shows that options do not provide incentive to increase the proportion of systematic risk to firm-specific risk, as commonly argued. The paper also demonstrates that the option’s value to the manager can be monotone decreasing, but may also show an inverted U-shape with respect to firm-specific risk. The option’s value exhibits a similar pattern against the total risk. In addition, the study finds that total risk incentives may under some conditions lower the shareholder value; executive options may thus encourage managers to act against principals’ interests.