2/2 We invite submissions for a one-day workshop exploring how employment patterns, wage structures, and labour market institutions are evolving in the 21st century. 🔗 Submit your paper by September 1, 2025
Call for Papers – Workshop on Employment Dynamics and Wage Structures in the 21st Century: Bridging Microdata and Policy 📌 Panmure House, Edinburgh 🧷Keynote speakers: John Haltiwanger (University of Maryland) and Isaac Sorkin (Stanford University)
4/ FFs play a key role in wage inequality—offering fewer opportunities & lower wages to workers they employ. Want the details? Read the full study here: papers.ssrn.com/sol3/papers....
3/ Why? FFs prioritize "control" over delegation, impacting productivity & career paths. CEO deaths reveal this: FF productivity drops only if the CEO is from the controlling family.
2/ FFs create a "glass ceiling": Fewer promotions Smaller salary increases This hits high earners hardest, limiting career growth compared to non-family firms (NFFs).
1/ 📢 How do family-owned firms (FFs) affect wages? My research with M.Pagano, V. Pezone, R. Saggio and F. Schivardi on 900k Italian firms & 20M workers finds FFs pay 10% lower wages on average—even after accounting for productivity & worker skills. Here’s why. 🧵