Feb 20, 2014

Family Employee

Our estimates indicate that being a family employee instead of a regular employee in the private sector significantly reduces both the probability and duration of absence to a substantial degree.
The evidence is from the European Community and the paper is by Block et al. They explain:
Our results are also consistent with the view that family employees have a more pronounced interest in the profitability of the business they work in, relative to regular private sector workers, because the may eventually inherit the firm. 
A draft (2014) is here
But there is also the Fredo Factor

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