Fuchs-Schündeln, Nicola; Krueger, Dirk; Kurmann, André; … - National Bureau of Economic Research - 2021
closures on the cohorts of children currently in school. Future earnings- and welfare losses are largest for children that … bottom quartile of the income distribution, welfare losses are ca. 0.8 percentage points larger for the poorer children if … welfare gains for the children and raises future tax approximately sufficient to pay for the cost of this schooling expansion …