Antecedents of board involvement and its consequences on organisational effectiveness in non-profit organisations: a study on European corporate foundations

Journal of Management and Governance - The governance of non-profit organisations is complex, as these organisations are not only intended to create value for third parties but also dependent on...     

The More the Merrier? The Causal Effect of High Fertility on Later-Life Loneliness in Eastern Europe

Levels of later-life loneliness are high in Eastern Europe. We assess whether having more children is protective against later-life loneliness for Eastern-European mothers and fathers. Drawing on Generations and Gender Surveys data of 25,479 parents aged 50–80 from eight Eastern-European countries, we adopt an instrumental approach exploiting parents’ preference for mixed-sex offspring to estimate the causal effect of having additional children on feelings of loneliness. We find that having an additional child has a causal protective effect against loneliness for mothers. Ordinary least squares regression models also show a weak but statistically significant negative association between number of children and later-life loneliness among fathers. However, results of the instrumental variable analyses are inconclusive for this group. We thus do not find statistically significant causal evidence that having an additional child is protective against loneliness for fathers. Our results underline the importance of addressing reverse causality and selection bias when investigating the links between number of children and later-life loneliness, particularly among women. The causal evidence presented here suggests that the trend towards families with fewer children noted in several Eastern-European countries may place new cohorts of older Eastern-Europeans, and in particular Eastern-European women, at risk of stronger feelings of loneliness.

     

The Redistributive Effects of the Tax Wedge in Italy

Abstract. This paper presents an original data set of microdata on the tax wedge in Italy, obtained by using the microsimulation model ITAXMOD, developed at ISPE (Institute for Studies on Economic Planning). These data are used to measure the components of the tax wedge and their burden on the total cost of labour at the individual level. The results have been aggregated across income brackets, socio-economic groups and sectors of employment. These data are the necessary preliminary input for any redistributive analysis and in addition they make the available data for Italy comparable with those of other countries. Scant attention has been paid up to now to the redistributive aspects of the tax wedge, since most analyses are based on the income of the “average production worker” which is far from an ideal standard for comparison. The computation of the tax wedge for different brackets of total labour cost has been explored in two ways. The first is related to the differing weights of the components of the tax wedge on cost of labour and no particular hypothesis has been made about the incidence of these components. The results show that the burden of personal income taxation and of social security contributions is very high even for wage-earners in the lowest brackets (in 1992, the estimated tax wedge is more than 44% of total labour cost even in the second decile of the labour cost). That might discourage both labour supply and labour demand across the entire spectrum of deciles of cost of labour. The second line of research studies the incidence of personal income taxes and employees' social security contributions on gross earnings, under the maintained hypothesis that these two components of the tax wedge are shouldered by the employees.