labor earnings of young men across the cognitive ability distribution. We find that high ability men who are induced to … serve face a 7 percent earnings penalty, whereas low ability men face none. Educational career disruption is an important …

We document facts about earnings and disposable income inequality and growth in Denmark in the period 1987-2016. During … this period, the distribution of log earnings growth exhibits skewness that varies with the business cycle and has strong … excess kurtosis. Denmark has a progressive income tax system with a high level of taxes and a relatively generous and heavily …

on ex post outcomes impose a rational structure of expectations on school performance and post-graduation earnings … countries and check for relations of expected probability to graduate and of expected earnings with personal abilities and …