Search results for "EARNINGS"
showing 10 items of 157 documents
Alcohol Consumption and Long-Term Labor Market Outcomes
2017
This paper examines whether alcohol consumption is related to long-term labor market outcomes. We use twin data for Finnish men and women matched to register-based individual information on employment and earnings. The twin data allow us to account for the shared environmental and genetic factors. The quantity of alcohol consumption was measured by weekly average consumption using self-reported data from three surveys (1975, 1981 and 1990). The average of an individual's employment months and earnings were measured in adulthood over the period 1990–2009. The models that account for the shared environmental and genetic factors reveal that former drinkers and heavy drinkers both have almost 2…
Parenthood and gender inequality : Population-based evidence on the child penalty in Finland
2019
This study presents evidence on the effect of parenthood on labor market outcomes in Finland. We use population-based data drawn from administrative registers and an event study design centered around the birth of the first child using the specification proposed in Kleven et al. (2019b). The study confirms that women encounter large short- and long-term child penalties in gross labor earnings and that penalties are associated with employment participation. Taxes and social security transfers considerably reduce the child penalty, which also varies by the number of children. peerReviewed
ESTUDIO DEL EFECTO INFORMATIVO DEL ANUNCIO DE BENEFICIOS TRIMESTRALES
2005
In this research we investigate whether quarterly earnings announcements are informative using awide sample of firms listed in the Spanish Stock Market (SIBE). We study the period comprised between thethird quarterly of 2002 and the fourth quarterly of 2003. We analyse whether abnormal returns are related tothe quarter in which the announcement is released, whether the announcement implies good or bad news forthe firm, the source of the information, the size of the firm and whether the firm is followed by analysts.Results show that quarterly earnings announcements are informative. We also obtain evidence of a possibleuse of insider information in the case of the announcements disclosed in t…
La réglementation de l’audit est-elle dans l’intérêt public:quelques enseignements du modèle français
2010
(VF)Cet article s’appuie sur les travaux académiques des dix dernières années pour évaluer les effets de la réglementation française visant à accroître l’indépendance des auditeurs. Pour les sociétés cotées en bourse, l’obligation de recourir à deux auditeurs se solde notamment par une moindre concentration du marché de l’audit : les Big Four détiennent une part de marché plus faible. Pour autant, les honoraires ne sont pas plus faibles, en raison vraisemblablement, d’une part, des coûts de coordination entre les deux auditeurs qui excèdent les bénéfices escomptés résultant d’un marché plus concurrentiel, d’autre part, de l’impossibilité de changer d’auditeur pendant la durée légale de six …
Earnings Premiums in Academia: Evidence from Personnel Data
2013
This study examines the existence of a gender earnings gap in the academic labour market with well-defined pay scales with panel data from the personnel records of a large university. We find that women earn approximately 10% less than men but that adjusting for different background characteristics and research performance decreases the gap to 2%. Our results suggest that the level of gender pay inequality is greater among older employees and lower for more productive employees. The results also imply that the gender gap is more pronounced in female-led departments than in male-led departments. peerReviewed
Cognitive consequences of the timing of puberty
2018
In this paper, we use British cohort data to study the degree to which children at different stages of pubertal development at age 11 and 16 differ in their cognitive and behavioral outcomes at age 16 as well as in their completed educational attainment and adult earnings. Controlling for age 7 cognitive skills, region of birth, father's socioeconomic status and parents’ education, we show that boys’ late pubertal development is associated with lower levels of cognitive skills at 16, lower final educational attainment, and lower earnings in adulthood. For girls we find a similar negative relationship between late puberty and cognitive skills, but only imprecise relationships between the tim…
Secular rise in economically valuable personality traits
2017
Although trends in many physical characteristics and cognitive capabilities of modern humans are well-documented, less is known about how personality traits have evolved over time. We analyze data from a standardized personality test administered to 79% of Finnish men born between 1962 and 1976 (n = 419,523) and find steady increases in personality traits that predict higher income in later life. The magnitudes of these trends are similar to the simultaneous increase in cognitive abilities, at 0.2-0.6 SD during the 15-y window. When anchored to earnings, the change in personality traits amounts to a 12% increase. Both personality and cognitive ability have consistent associations with famil…
The timing of puberty and gender differences in educational achievement
2017
In this paper, we study the effect of the timing of puberty on educational achievement and examine to what extent the gender differences in the timing of puberty can explain gender differences in achievement. We use British cohort data that combine information on pubertal development with test scores, behavioral outcomes as well as final educational attainment and earnings. Controlling for age 7 cognitive skills and family background, we show that late pubertal development is associated with a slower rate of cognitive skill growth during adolescence. This disadvantage in cognitive development is also reflected in lower levels of educational attainment and earnings for late developed individ…
Employment and earnings trajectories before and after sickness absence due to major depressive disorder: a nationwide case-control study.
2020
ObjectivesTo examine employment and earnings trajectories before and after the first sickness absence period due to major depressive disorder (MDD).MethodsAll individuals (n=158 813) in Finland who had a first sickness absence period (lasting longer than 9 days) due to MDD between 2005 and 2015 were matched with one randomly selected individual of the same age and gender with no history of MDD. Employment status and earnings were measured using register-based data annually from 2005 to 2015. Generalised estimating equations were used to examine the trajectories of employment and earnings before and after MDD diagnosis in men and women separately.ResultsSickness absence due to MDD was associ…
Lifelong physical activity and long-term labor market outcomes
2018
This thesis examines the longitudinal associations between leisure-time physical activity, educational attainment, and labor market outcomes. Data are drawn from the ongoing longitudinal Cardiovascular Risk in Young Finns Study, which is combined with register-based data from Statistics Finland. The thesis consists of four empirical studies organized in separate chapters. The study chapters are preceded by an introductory chapter presenting the background literature and an overview of the thesis, including the research questions, data, and main results. Chapter 2 analyzes the role of childhood physical activity in academic achievement and subsequent educational attainment. We find that phys…