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When trading, firms choose between different payment contracts. As shown theoretically in Schmidt-Eisenlohr (forthcoming), this allows firms in international trade to optimally trade-off differences in financing costs and enforcement across countries. This paper provides evidence from a large...
Persistent link: https://www.econbiz.de/10009773445
quantile treatment effects, showing how the child care expansion affected the earnings distribution of exposed children as … suggest that the effects of child care vary systematically across the earnings distribution, that the mean impact misses a lot … middle and upper-class children are unlikely to exceed the costs. To help understand the differential effects on earnings, we …
Persistent link: https://www.econbiz.de/10009683232
inequality over time are due to changes in the age structure. To this end, we use administrative data on earnings for every male … Norwegian during 1967-2000. We find that the substantial rise in earnings inequality over the 1980s and into the early 1990s, is … to some extent driven by the fact that the large baby boom cohorts are approaching the peak of the age-earnings profile …
Persistent link: https://www.econbiz.de/10008697505