, even though displacement episodes early in children’s lives have the largest impacts on household income (because they … persist for many years), displacement episodes occurring in the children’s teenage years have the largest effects on human … capital accumulation. We show that most of the effects operate through the intensive margin of schooling, and that children …

We develop a multi-agent model of the education production function where investments of students, parents, and … survey data and a mandate to randomly assign students to classrooms. Consistent with our model, we show that exposure to …