After the 2021 flood events in Germany, the introduction of compulsory flood insurance is debated. However, insurance coverage for private buildings and belongings may undermine the willingness to pay for…
We show that in school systems with grade retention or redshirting birth cohort size is negatively related to the grade-level share of students who are too old for their grade. This compositional effect gives…
We simulate the short- and long-term distributional consequences of COVID-19 in the four largest Latin American economies: Argentina, Brazil, Colombia and Mexico. We show that the short-term impact on income…
