This paper develops a four-sector equilibrium search and matching model with informal sector employment opportunities and educational choice. We show that underground activities reduce educational attainments if informal employment opportunities mainly are available for low-educated workers. A...

At the private university we analyze, the gap between white and black grade point averages falls by half between the students' freshmen and senior year. This outcome could suggest that affirmative action policies are playing a key role to reduce racial differences. However, this convergence...

This paper documents the patterns and examines the factors contributing to a gender gap in educational achievements in early seventh grade of schooling using a recent and nationally representative panel of Australian children. Regression results indicate that females excel at non-numeracy...

This paper documents the patterns and examines the factors contributing to a gender gap in educational achievements in early seventh grade of schooling using a recent and nationally representative panel of Australian children. Regression results indicate that females excel at non-numeracy...

At the private university we analyze, the gap between white and black grade point averages falls by half between the students’ freshmen and senior year. This outcome could suggest that affirmative action policies are playing a key role to reduce racial differences. However, this convergence...