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This study characterizes optimal policy in an endogenous growth model where heterogeneous individuals choose between entering the workforce as unskilled labor or pursuing education to become skilled. …
Only a small fraction of inventors are women. Using Finnish administrative data linked to patent records, I show that educational and occupational sorting explain roughly 54% of the gender gap in …
Mika Kortelainen, Jaakko Markkanen, Markku Siikanen, and Otto Toivanen
Quasi-experimental evidence on the effectiveness of price regulation policies in curbing pharmaceutical expenditure is scarce. We analyze widely utilized generic substitution and reference price …