The Male-Female Gap in Physician Earnings: Evidence from a Public Health Insurance System

Empirical evidence from U.S. studies suggests that, on average, female physicians earn less than their male counterparts. This gap in earnings does not disappear when individual and market characteristics are con- trolled for. This paper investigates whether a gender earnings difference can also be observed in a health care system predominantly financed by public insurance companies. Using a unique data set of physicians' earn- ings recorded by a public social security agency in an Austrian province between 2000 and 2004, we find a gender gap in average earnings of about 32 percent. A substantial share of this gap (20 to 47 percent) cannot be explained by individual and market characteristics, leaving labor market discrimination as one possible explanation for the observed gender earn- ings difference of physicians.Health care financing; physician earnings; wage composition

Family support for stroke: one year follow up of a randomised controlled trial

Background: There is evidence that family support can benefit carers of stroke patients, but not the patients themselves. Objective: To extend the follow up of a single blind randomised controlled trial of family support for stroke patients and carers to one year to ascertain whether there were any late effects of the intervention. Methods: The study was a randomised controlled trial. Patients admitted to hospital with acute stroke who had a close carer were assigned to receive family support or normal care. Families were visited at home by a researcher 12 months after the stroke, and a series of questionnaires was administered to patient and carer. Results: The benefits to carers mostly persisted, though they were no longer statistically significant because some patients were lost to follow up. There was no evidence of any effects on patients. Conclusion: Family support is effective for carers, but different approaches need to be considered to alleviate the psychosocial problems of stroke patients. Abbreviations: FSO, family support organiser; SF-36, short form 36 item health assessment questionnaire Keywords: caregiver; family support; stroke In recognition of the impact that stroke has on carers as well as patients,1 services such as Stroke Association family support have been developed in the United Kingdom which provide information, emotional support, and liaison with other services. The service maintains contact through a combination of home and hospital visits and telephone calls. In the Oxford family support trial, we found that this service was associated with significantly improved quality of life of carers at follow up six months after the stroke, but had no effects on patients.2 Other randomised controlled trials of the service in other areas have also found no evidence of benefit to patients with follow up varying from four to nine months after recruitment.3,4 The lack of benefit to patients may be attributable to the short duration of follow up in these trials. The service usually maintains contact with a family for a year, and some patients spend a significant proportion of the first six months in hospital, during which time family support might be anticipated to have less impact. We carried out a second follow up of participants in the Oxford trial to investigate the effects of family support on patients and carers one year after the stroke

Saving Taxes Through Foreign Plant Ownership

This paper analyzes to which extent foreign plant ownership involves lower tax payments than domestic plant ownership. We employ a model of endogenous foreign subsidiary ownership to derive a set of empirically testable hypotheses about the differential taxation of foreign- and domestically-owned subsidiaries. We assess these hypotheses in a data- set of 33,577 European foreign- and domestically-owned manufacturing plants. We identify a significant tax-saving of endogenous foreign owner- ship. On average, foreign owners pay 594 Euros per employee or about 56 percent less than domestic owners of similar subsidiaries. This effect is larger in thinner markets with fewer plants, in markets with a greater relative presence of foreign owners, and for foreign owners of larger plants.company taxation, multinational firms, propensity score matching

Distance Matters - Evidence from Professional Team Sports

This paper assesses the role of distance in professional team sports, taking the example of football (soccer). We argue that a team’s performance in terms of scored and conceded goals decreases with the distance to the foreign playing venue. To test this hypothesis empirically, we investigate 6,389 away games from the German Football Premier League (’Erste Deutsche Bundesliga’) between the playing seasons 1986-87 and 2006-07. We find that distance contributes significantly in explaining a guest team’s propensity to concede goals, but not so for scoring goals. Focusing on the difference between scored and conceded goals (‘goal difference’) as a measure of the overall success of a football team, we observe a significant and non-monotonic impact of distance on team performance.Professional team performance, distance, event count data, poisson regression model

Incorporation and Taxation: Theory and Firm-level Evidence

This paper provides a theory and firm-level evidence on the incorporation decision of entrepreneurs in a model of taxes and corporate governance. The theory explains how the incorporation decision of entrepreneurs is driven by taxation (corporate and personal income taxes), corporate transparency, access to external capital and limited liability. We estimate features of this model using a large cross-section of more than 540, 000 firms in European manufacturing. We find that higher personal income tax rates favor incorporation while higher corporate tax rates reduce the probability to incorporate. These findings are robust to the inclusion of other economic and institutional determinants of external financing and choice of organizational form.incorporation, governance, taxes, discrete choice models

Capital Structure, Corporate Taxation and Firm Age

This paper analyzes the relationship between capital structure, corporate taxation and firm age. We adapt a standard model of optimal capital structure choice under corporate taxation, focusing on the financing and investment decisions a young firm is typically faced with. Our model allows to derive testable hypotheses about the relationship between corporate taxation, a firm's age and its debt to asset ratio. To test these hypotheses empirically, we use a cross-section of 405,000 firms from 35 European countries and 126 NACE 3-digit industries. In line with previous research, we find that a firm's debt ratio increases with the corporate tax rate. Further, we observe that older firms exhibit smaller debt ratios than their younger counterparts. Finally, consistent with our theoretical expectation, we find a positive interaction effect between corporate taxation and firm age, indicating that the impact of corporate taxation on debt is increasing over a firm's life-time.Corporate taxation; Capital structure; Firm age

Is there a right to shape technology?

La creación de las instituciones democráticas modernas durante los últimos dos siglos ha venido acompañada de reivindicaciones de derechos humanos, incluyendo un conjunto mayor de beneficiarios y de condiciones. Un desarrollo paralelo es el reconocimiento cada vez mayor del papel que la tecnología juega en las controversias sobre los derechos humanos y las fronteras de la ciudadanía. Un movimiento global de personas discapacitadas que comienza en los años 60 revela la fuerte conexión entre las reivindicaciones de derechos humanos y modelos tecnológicos específicos. Este movimiento ofrece lecciones que apuntan a nuevas formas de pensar los derechos humanos y su puesta en práctica en la sociedad moderna

Public Interest in Patent Protection: The Need of Criteria

-This paper aimed at studying provisions in TRIPs Agreement and Law Number 14 of 2001 regarding Patent,\ud particularly provisions reflecting criteria of public interest. The approach used is statutory and conceptual\ud approaches by analyzing TRIPs Agreement and Law Number 14 of 2001. It is concluded that public interest has\ud been stipulated generally in TRIPs Agreement and Law Number 14 of 2001 in their provisions regarding kind\ud and scope of the use of limitation and exception of patent holder???s exclusive rights. Law Number 14 of 2001\ud basically has implemented limitation and exception provisions stipulated in TRIPs Agreement. However,\ud unfortunately it does not provide further and clearer elaborations on some provisions that need to be elaborated\ud further. In addition, both TRIPs Agreement and Law Number 14 of 2001 do not provide criteria as to public\ud interest