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Can't Buy Mommy's Love? Universal Childcare and Children's Long-Term Cognitive Development

Felfe, Christina - 2013

What happens to children's long-run cognitive development when introducing universal high-quality childcare for 3-year olds mainly crowds out maternal care? To answer this question we exploit a natural experiment framework and employ a difference-in-difference approach. We find sizable...

Persistent link: https://www.econbiz.de/10013087731

Who Benefits from Universal Child Care? Estimating Marginal Returns to Early Child Care Attendance

Cornelissen, Thomas - 2018

In this paper, we examine the heterogeneous treatment effects of a universal child care (preschool) program in Germany by exploiting the exogenous variation in attendance caused by a reform that led to a large staggered expansion across municipalities. Drawing on novel administrative data from...

Persistent link: https://www.econbiz.de/10012910996

Extracurricular Educational Programs and School Readiness : Evidence from a Quasi-Experiment with Preschool Children

Makles, Anna - 2016

This paper adds to the literature on extracurricular early childhood education and child development by exploiting unique data on an educational project in Germany, the Junior University (JU). Utilizing a quasi-experimental study design, we estimate the causal short-run effect of JU enrollment...

Persistent link: https://www.econbiz.de/10012996262

Investment and Financing Strategy of a Multinational Enterprise Under Alternative Tax Designs

Gerard, Marcel - 2012

multinational enterprise regarding the cross border distribution of its investment and the choice of its financing behavior. We …

Persistent link: https://www.econbiz.de/10013104836

On the Legitimacy of Coercion for the Financing of Public Goods

Bierbrauer, Felix J. - 2009

The literature on public goods has shown that efficient outcomes are impossible if participation constraints have to be respected. This paper addresses the question whether they should be imposed. It asks under what conditions efficiency considerations justify that individuals are forced to pay...

Persistent link: https://www.econbiz.de/10013158910

Firms' Financial Choices and Thin Capitalization Rules under Corporate Tax Competition

Haufler, Andreas - 2008

Thin capitalization rules have become an important element in the corporate tax systems of developed countries. This paper sets up a model where national and multinational firms choose tax-efficient financial structures and countries compete for multinational firms through statutory tax rates...

Persistent link: https://www.econbiz.de/10012769702

When Arm's Length is Too Far. Relationship Banking Over the Business Cycle

Beck, Thorsten - 2014

Using a novel way to identify relationship and transaction banks, we study how banks' lending techniques affect funding to SMEs over the business cycle. For 21 countries we link the lending techniques that banks use in the direct vicinity of firms to these firms' credit constraints at two...

Persistent link: https://www.econbiz.de/10013050469

Financing Long-Term Care : Ex-Ante, Ex-Post or Both?

Costa-Font, Joan - 2014

This paper examines the heterogeneity in the public financing of long-term care (LTC), and the wide-ranging instruments … financing as ex-ante (occurring prior to when the need arises, such as insurance) and ex-post (occurring after the need arises …, such as public sector and family financing). Then we examine country-specific data to ascertain whether the two types of …

Persistent link: https://www.econbiz.de/10013040003

Export Market Exit, Financial Pressure and the Crisis

Görg, Holger - 2013

Using firm-level data for the UK, we investigate the link between firms' financial health, borrowing ratio and export exit, paying special attention to the recent financial crisis. Our results show that deterioration in the financial position of firms has increased the hazard of export exit...

Persistent link: https://www.econbiz.de/10013076975

Acting Autonomously or Mimicking the State and Peers? A Panel Tobit Analysis of Financial Dependence and Aid Allocation by Swiss NGOs

Dreher, Axel - 2013

countries. Second, by classifying each NGO according to its financing structure, we address the unresolved question of whether …

Persistent link: https://www.econbiz.de/10012753135