High Performance Workplaces and Family Friendly Practices: Promises Made and Promises Kept * High performance workplaces elicit greater involvement and productivity from employees but past theory and evidence remain divided on whether or not such workplaces are compatible with family friendly work practices. We present new evidence on the association using perceptions of a representative sample...

Alphabetic name ordering on multi-authored academic papers, which is the convention in the economics discipline and various other disciplines, is to the advantage of people whose last name initials are placed early in the alphabet. As it turns out, Professor A, who has been a first author more often than Professor Z, will have published more articles and experienced a faster growth rate over th...

Regulation of Money Market Funds (MMFs) in the EU requires some categories MMFs to consider applying liquidity management tools if they breach a minimum ‘weekly’ requirement. Anticipation application such is plausible amplifier run risks. Using larger European dataset than previously studied, we assess whether proximity thresholds explains differences redemptions both at start COVID-19 crisis a...

We estimate the effect of employer offers of retiree health benefits (RHBs) on the timing of retirement using a sample of Health and Retirement Study (HRS) men observed over a period of up to 12 years. We hypothesize that the effect of RHBs differs for workers of different ages—a hypothesis we can test now that the main HRS cohort has aged sufficiently. We apply three wellknown panel data estim...

Abstract Institutional investors can be segmented into that hold simple portfolios of traditional equities and bonds, manage complex strategies in public private markets. Investors implementing active portfolio management holding diversified bonds are more likely to invest alternative asset classes. The performance institutional assets is significantly lower than equities, suggesting accept ret...

This article makes the case that, as an open, ongoing defined benefit (DB) pension scheme, Universities Superannuation Scheme (USS) once provided a model of reciprocity between generations but no longer does. It begins with account contribution (DC) scheme which preceded USS and its investment risk relatively low income that was created to rectify. shows how funding, investment, valuation durin...

We explore the behavior of losers of promotion tournaments after the tournament is concluded. We do so through the use of an experiment in which we vary the design of the promotion tournament to determine how tournament design affects post tournament effort. We provide a theoretical model demonstrating two possible effects from the tournaments which are strategic sabotage and the possibility th...

In view of rising wage inequality and increasing poverty, the introduction of a legal minimum wage has recently become an important policy issue in Germany. We analyze the distributional effects of the introduction of a nationwide legal minimum wage of € 7.5 per hour on the basis of a microsimulation model which accounts for the complex interactions between individual wages, the tax-benefit sys...