School choice research mostly focuses on academic outcomes. Policymakers increasingly view entrepreneurial traits as a … effect of private-school competition on students' entrepreneurial intentions. We exploit Catholic-Church resistance to state … schooling in 19th century as a natural experiment to obtain exogenous variation in current private-school shares. Our …

information on the public-private character of both operation and funding of each tested school. Across countries, public …

This paper shows that the design of education policy involves a potential conflict between welfare and social mobility …. We consider a setting in which social mobility is maximized under the least elitist public education system, whereas … welfare maximization calls for the most elitist system. We show that when private education is available, the degree of …

We model centralized school matching as a second stage of a simple Tiebout-model and show that the two most discussed … disadvantaged if the school priorities are based on ex ante known (social) differences of the applicants …

This paper studies second best policies for education, saving, and labour in an OLG model in which endogenous growth … equilibria are inefficient. The inefficiency is exacerbated if selfish individuals externalize the positive effect of education … on descendents' productivity. It is shown to be second best to subsidize education even relative to the first best if the …

As the time of leaving school determines the level of academic achievement this timing decision is central for the … human capital investment decision. Real option theory offers a new perspective of the human capital investment decision … analytical discussion of all determinants of the decision to terminate education and enter the labor market. Further, as we are …

In this paper, we quantitatively assess the welfare implications of alternative public education spending rules. To … education expenditures, financed by distorting taxes, enhance the productivity of private education choices. We allow public … education spending, as share of output, to respond to various aggregate indicators in an attempt to minimize the market …

Assuming a two-period model with endogenous choices of labour, education, and saving, it is shown to be second …-best efficient not to distort the choice of education. In general this implies distorting the saving decision. Hence a strict order …

disadvantaged families have higher rates of disciplinary problems, lower achievement scores, and fewer high-school completions …. Evidence supports that this is a causal effect of the post-natal environment; family disadvantage is unrelated to the gender … gap in neonatal health. We conclude that the gender gap among black children is larger than among white children in …