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As governments around the world contemplate slashing budget deficits, the "expansionary fiscal consolidation hypothesis" is back in vogue. I argue that, as a statement about the short run, it should be taken with caution. I present four detailed case studies, two - Denmark and Ireland -...
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This paper provides evidence on child penalties in female and male earnings in different countries. The estimates are based on event studies around the birth of the first child, using the specification proposed by Kleven et al. (2018). The analysis reveals some striking similarities in the...
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Danish reform. We separately identify the effect of aid from that of other observed and unobserved variables such as parental … income. We exploit the combination of a kinked aid scheme and a reform of the student aid scheme to identify the effect of …
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We study how a mortgage reform that exogenously increased access to credit had an impact on entrepreneurship, using … individual-level micro data from Denmark. The reform allows us to disentangle the role of credit access from wealth effects that … benefit from the reform. Our results provide evidence that credit constraints do affect entrepreneurship, but that the overall …
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