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 …

of lottery wins. Our first contribution is to estimate the earnings responses to these windfall gains, finding …-tax labor earnings by about 50 cents, decreases total labor taxes by 10 cents, and increases consumption by 60 cents. These … reducing their earnings by a larger amount. Our second contribution is to develop and apply a rich life-cycle model in which …