Using data from nearly 1.2 million Black SAT takers, we estimate the impacts of initially enrolling in an Historically Black College and University (HBCU) on educational, economic, and financial outcomes. We control for the college application portfolio and compare students with similar...

Baron (2022) explores the independent effects of operational expenditure and capital expenditure on student outcomes in school districts across Wisconsin from the outcomes of close referendum approvals. By utilizing a dynamic regression discontinuity framework and cubic specification, the author...

Education has long been perceived as a great equalizer, but even with universal rises in schooling years, income distribution worsened world-wide. We propose a method for decomposing the contribution of a variable to the change in inequality into mean, dispersion, and price components. The...

This paper presents a new framework for analyzing automation, robotics, and hightech, which differs from the canonical model of technological progress by incorporating the higher education system. The main difference is that there is not just one type of skilled workers, but two types, and there...

Parental investments significantly impact children’s outcomes. Exploiting panel data covering individuals from birth to retirement, we estimate child skill production functions and embed them into an estimated dynastic model in which altruistic mothers and fathers make investments in their...

Recent empirical analyses reveal substantial differences in the choices of college majors between demographic and socio-economic groups that are further amplified upon students' adjustment of their educational choices in the course of studies. The best documented and salient are the differences...

This paper investigates the causal effect of education on life satisfaction, exploring effect heterogeneity along employment status. We use exogenous variation in compulsory schooling requirements and the build-up of new, academically more demanding schools, shifting educational attainment along...