We propose a dynastic model in which individuals are born in an educated or uneducated environment that they inherit from their parents. We study the role of social networks on the correlation in the parent-child educational status independent of any parent-child interaction. We show that the...

This paper makes the following point: “detracking” schools, that is preventing them from allocating students to classes according to their ability, may lead to an increase in income residential segregation. It does so in a simple model where households care about the school peer group of...

This paper studies the impact of a desegregation ruling on several medium-run outcomes. This ruling mandates that seven school districts, which serve higher-income, predominantly-white families, accept a group of minority elementary school students who apply to transfer from a nearby,...

This paper suggests that societies exhibiting a large degree of educational polarization among its populace are systematically more likely to slip into civil conflict and civil war. Intuitively, political preferences and beliefs of highly educated citizens are likely to differ fundamentally from...

We consider the effects of student ability, college quality, and the interaction between the two on academic outcomes and future earnings using data on two cohorts of college enrollees drawn from the NLSY-79 and the NLSY-97. We find that student sorting has increased modestly between cohorts,...

This paper uses a field experiment to answer how information frictions between parents and their children affect investments in education and how much reducing these frictions can improve student achievement. In Los Angeles, a random sample of parents was provided de-tailed information about...

The total social benefits of college education exceed the private benefits because the government receives a share of the monetary returns in the form of income taxes. We study the policy implications of this fiscal externality in an optimal dynamic tax framework. Using a variational approach we...

Boys are doing worse in school than are girls, which has been dubbed “the Boy Crisis.” An analysis of the latest data on educational outcomes among boys and girls reveals extensive disparities in grades, reading and writing test scores, and other measurable educational outcomes, and these...

This paper is the first to estimate a causal effect of immigrant students’ reading performance on their math performance. To overcome endogeneity issues due to unobserved ability, we apply an IV approach exploiting variation in age-at-arrival and the linguistic distance between origin and...

This paper characterizes the determinants and implications of private schooling in a large and detailed set of French data. Empirical models detect negative selection into private schooling on observable and unobservable ability, while State-provided education appears more suitable to students...