This paper examines how schools choose class size and how households sort in response to those choices. Focusing on the highly liberalized Chilean education market, we develop a model in which schools are heterogeneous in an underlying productivity parameter, class size is a component of school...

"Intelligent analysis of poverty and income distribution in Bolivia during late 1980s-early 1990s. Includes simulations of the evolution of poverty under different future growth scenarios. Poverty rates fell between 1989-92 among all socioeconomic strata, but income distribution worsened because...