More articles from Articles

Jørgen Modalsli is at Oslo Business School at Oslo Metropolitan University and Statistics Norway.

Kelly Vosters is at the University of North Carolina–Charlotte .

Melanie Häner is head of the Social Policy Department at the Institute for Swiss Economic Policy (IWP) at the University of Lucerne.

Christoph A. Schaltegger is full professor and director of the Institute for Swiss Economic Policy (IWP) at the University of Lucerne and the founding dean of the Faculty of Economics at the University of Lucerne and additionally teaches at the University of St. Gallen.

Peter Arcidiacono is the William Henry Glasson Professor of Economics at Duke University, a research associate at the National Bureau of Economic Research (NBER), and a research fellow at the Institute of Labor Economics (IZA).

Josh Kinsler is the Nicholas A. Beadles Chair and Professor of Economics at the University of Georgia.

Tyler Ransom is an associate professor of economics at the University of Oklahoma, a research fellow at IZA, and a fellow at Global Labor Organization (GLO).

Christoph Merkle is an associate professor of finance at Aarhus University and a research fellow at the Danish Finance Institute (corresponding author: ).

Philipp Schreiber is a full professor of finance at Esslingen University.

Martin Weber is a senior professor of finance at the University of Mannheim and a research fellow at the CEPR.