We characterize the structure of optimal assignment rules when both allocative ineffciency and expenditure ineffciency are present. We find that the optimal structure critically depends on how the hazard rate of the value distribution behaves, and that it is often optimal to use probabilistic...

Reviews challenges youth face as they transition to adulthood and presents descriptive statistics on challenges and outcomes into early adulthood.

The Roads to Success program was launched in early 2005 to forge connections between students’ school experiences and their aspirations for adulthood, as an ongoing part of middle and high school. This report describes the intervention, research design, evaluation data, analysis methods,...

Describes the projects and the policy background for the initiative.