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- Published online May 9, 2025.
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© 2025 by the Board of Regents of the University of Wisconsin System This open access article is distributed under the terms of the CC-BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0) and is freely available online at: http://le.uwpress.org
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- +Erasmus School of Economics, Rotterdam, Tinbergen Institute, IZA and CESifo. Anne C. Gielen is professor of economics at Erasmus School of Economics, Erasmus University Rotterdam.
- *Erasmus School of Economics, Rotterdam, Tinbergen Institute, IZA, Corresponding author: webbink{at}ese.eur.nl. Dinand Webbink is professor of economics at Erasmus School of Economics, Erasmus University Rotterdam.